Paraguay Says Presidential X Post Promising Bitcoin Reserve a Hack - adtechsolutions

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Paraguay Says Presidential X Post Promising Bitcoin Reserve a Hack



Briefly

  • Paraguay’s president announced on Monday at the X Bitcoin Reserve.
  • The land government said it was probably a hack.
  • This is not the first time that higher accounts have been hacked.

The Paraguayan government rejected the place on the account of X President Santiago Pena, saying that the country had made Bitcoin Legal tender as a hack.

The account also falsely claimed that the country had launched a $ 5 million reserve. Tweet contained a bitcoin address and called on potential investors to “secure their share” in the project.

But the Paraguayan government less than an hour later announced: “The president’s official account online has an irregular activity, suggesting possible unauthorized use.”

Decipher Contact the Government printing for an additional comment ..

Cyber ​​criminals sometimes target high -social media accounts to spread false announcements that promise investors enormous yields trying to deceive investors to send their digital coins to the cryptocurrency address.

In other cases, the hackers are trying to convey people to buy in a coin in which hackers usually have a significant share and then reject their tokens, breaking the price in the process as they have brought.

Hackers in September took over YouTube channel of Indian Supreme Court on Friday to broadcast an advertisement shilling crypto currency Xrp.

Before that, Cybercrooks hacked X film director Oliver Stone, Yahoo News UK and Brazilian footballer Neymar Jr., among other things, to promote meme coins.

One of the greatest such hacks happened in 2020, when the hackers were download control Of the X accounts run by former US President Barack Obama, former President Joe Biden, Apple, Uber, Kanye West, Elon Musk and Bill Gates as part of a fraud associated with Bitcoin.

El Salvador is the only country in the region that made Bitcoin a legal tender. His government also buys a crypto currency for his cash registers, despite the international monetary fund that told him to withdraw his Bitcoin Law.

However, Paraguay developed the reputation of Bitcoin customized: the crypto of mining operations opened there, and the president of Peña earlier said that he wanted the Earth to be a technological center.

Edited by James Rubin

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