Introduction

In a significant cyberattack, hackers exploited vulnerabilities in Brazil's banking infrastructure, resulting in the theft of over $180 million. This incident has raised concerns about the security of digital transactions and the role of cryptocurrencies in facilitating such crimes.

Introduction

An unprecedented cyberattack on Brazil's banking system has resulted in the theft of over $180 million, marking the largest financial cybercrime in the country's history. This attack has raised concerns about the intersection of traditional banking systems with cryptocurrencies, regulatory challenges, and the evolving landscape of cybercrime.