Brazil Central Bank Hack: $140M Insider Heist
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BTCCSquare news:
A massive cyberattack has rocked Brazil's financial sector, with $140 million stolen from the central bank on June 30, 2025. The breach sent shockwaves through global markets, underscoring vulnerabilities in traditional financial infrastructure.
While no cryptocurrencies were directly implicated in the heist, the incident highlights the growing need for decentralized alternatives. Blockchain's Immutable ledger and distributed architecture offer inherent security advantages over centralized systems prone to insider threats.
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