Close Menu
Cryprovideos
    What's Hot

    Belgian Financial institution KBC Group To Launch Crypto Buying and selling For Retail Traders | UseTheBitcoin

    July 4, 2025

    Bitcoin Dives on OG Whale FUD, However Charts Stay Bullish: Evaluation – Decrypt

    July 4, 2025

    Bitcoin worth falls to $107K regardless of $1B spot BTC ETF influx: What’s behind the transfer?

    July 4, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Hackers in $140M Brazil C&M Software program Banking Heist Launder Funds With Crypto
    Hackers in 0M Brazil C&M Software program Banking Heist Launder Funds With Crypto
    Crypto News

    Hackers in $140M Brazil C&M Software program Banking Heist Launder Funds With Crypto

    By Crypto EditorJuly 4, 2025No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    A gaggle of hackers that gained unauthorized entry to the Central Financial institution of Brazil’s service supplier has began laundering a portion of its $140 million haul utilizing cryptocurrencies, based on On-chain analyst ZachXBT.

    The researcher revealed on Friday that between $30 million and $40 million of the stolen funds was transformed to bitcoin

    , ether and Tether’s USDT by way of Latin American over-the-counter desks and crypto exchanges.

    jwp-player-placeholder

    The June 30 cyberattack on C&M Software program concerned a gaggle of attackers bribing an worker into revealing their company credentials. Six monetary establishments together with BMP skilled unauthorized entry to their reserve accounts in consequence.

    The strategy mirrors a latest cyberattack on crypto trade Coinbase (COIN), which mentioned that 69,000 prospects had been affected after customer support brokers had been bribed into revealing buyer info.

    Brazil had beforehand been warming as much as crypto; lawmakers in February proposed a invoice to permit funding funds to achieve publicity in digital belongings.

    Whereas the Central Financial institution of Brazil assault concerned fiat forex, the usage of cryptocurrency to hide and launder the funds is an instance of the business’s darkish reality relating to hacks and scams.

    A latest report by crypto safety agency CertiK revealed that crypto traders misplaced $2.5 billion to hacks and scams within the first half of 2025.





    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Belgian Financial institution KBC Group To Launch Crypto Buying and selling For Retail Traders | UseTheBitcoin

    July 4, 2025

    Finest Crypto to Purchase Now as Trump’s Vietnam Deal Ignites Bitcoin and Shares – CryptoDnes EN

    July 4, 2025

    Greatest Crypto ICOs to Purchase in July – Upcoming Change Listings with 100x Potential 

    July 4, 2025

    Agentic AI and Blockchain: A New Period for the Crypto Financial system

    July 4, 2025
    Latest Posts

    Bitcoin Dives on OG Whale FUD, However Charts Stay Bullish: Evaluation – Decrypt

    July 4, 2025

    Bitcoin worth falls to $107K regardless of $1B spot BTC ETF influx: What’s behind the transfer?

    July 4, 2025

    Lone Bitcoin Miner Wins $350K with Tiny Rig

    July 4, 2025

    Finest Crypto to Purchase Now as Trump’s Vietnam Deal Ignites Bitcoin and Shares – CryptoDnes EN

    July 4, 2025

    Adam Again on Bitcoin Market Cap: 'Ought to Be About $200 Trillion'

    July 4, 2025

    US May Mine Bitcoin By means of Public-Personal Deal: White Home Exec

    July 4, 2025

    Crypto Dumps Arduous On Worry of Satoshi Period Bitcoin Whales Shifting $9 Billion Price of BTC After 14 Years ‣ BlockNews

    July 4, 2025

    Marathon Digital Nears 50,000 BTC as Miners Embrace HODL Technique – Bitbo

    July 4, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Two Males Plead Responsible to ‘Huge’ $577,000,000 Crypto Mining Fraud Scheme: DOJ – The Every day Hodl

    February 20, 2025

    Bitcoin Blocked: Governor Hobbs Vetoes Crypto Reserve Plan

    May 4, 2025

    Crypto In Panic: However Ought to We Purchase This DIP?

    June 5, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.