buy #Bitcoin
🚨Turmoil erupts in Paraguay as one bank’s collapse spirals into a NATIONAL CRISIS.
Ueno Bank, the country’s largest digital bank, has been seized by the Central bank after its solvency ratio plunged below half the legal minimum, leaving nearly 3 MILLION customers unable to access accounts, cards and transfers.
That’s almost 60% of Paraguay’s adult population.
Angry citizens have now taken to the streets demanding access to their money.
The disruption has spread beyond the bank- 13 mutual funds have reportedly frozen withdrawals, and trading in Ueno’s bonds has been suspended.
Nearly $380 MILLION belonging to the state pension fund is caught in the crisis.
The problem is how deeply Ueno was embedded in everyday payments.
It handled two-thirds of card payments at major stores. With those services frozen, Paraguay’s main importers’ association describes retail activity as “semi-paralyzed.”
Customers have been told they can initially recover up to $1,700, with no payment date given.
The political fallout is mounting with the Central Bank chief Carlos Carvallo resigning, and authorities having arrested 8 executives from the bank over suspected breach of trust.
Timoroan retweeted
You know what's WILD?
Crypto just suffered it's biggest hack EVER at over $6 Billion.
And yet...
Bitcoin is only down 3.7% on the day.
At the same tme, the KOSPI is down 5%, Alphabet over 12% and Intel a whopping 17% because of bubble fears.
"Relative strength" as they say.
It has been 1 month since this post below...
#NeverForget #marketbottom #Bitcoin #hack #BinanceHack #SAFU #czjail #czbinance
Timoroan retweeted
🇩🇪 Jensen Huang has some tough love for Germany: stop overthinking and get to work.
“Nothing pains me more, frankly, than to see one of the most technologically advanced countries to be left so far behind in technology.
And I think the reason for that is this: maybe it’s the European way to overthink everything.”
The Nvidia boss says Germany has no shortage of talent, it just needs to actually use it.
The country that built the car and the printing press now needs productivity advice from Silicon Valley. How times change.
Writer: Julie
this is so good for crypto! Cleaning all the sh*tcoins...
There are also memecoins in one chain that will never shutdown...
#bitcoin
🚨 BREAKING 🚨
We have reports that @AbstractChain is imminently announcing the end of their chain.
Less than two years after launching, a full wind-down is expected by year end.
This comes merely days after @blast made a similar announcement. More to come...
Timoroan retweeted
🚨LATEST: NEAR Intents’ $3.8M hacker has RETURNED every dollar.
Less than 24 hours after NEAR Intents publicly identified the alleged exploiter and gave them 48 hours to return the funds, the attacker sent the full $3.8M back.
The hacker also left an on-chain message acknowledging they were “in the wrong,” thanking the team for handling the return respectfully and urging NEAR to use bug bounties instead.
NEAR says the investigation is now being stopped following the full recovery.
⚡️UPDATE: The NEAR Intents attacker has RESPONDED.
The NEAR Intents recovery wallet received 1 BNB with a message saying:
“Willing to cooperate, reply with your Signal so contact is possible.”
The sender address is tagged on BNBScan as “NEAR Intents Exploiter 1” and was previously identified by ZachXBT as one of the primary addresses tied to the exploit.
The response came within Alex Aurora’s 48-hour window offering a path to cooperate, return funds and potentially receive a bounty.
If negotiations hold, the exploit could move toward RECOVERY rather than a prolonged laundering attempt.
Timoroan retweeted
So wrong! @BarackObama is hosting China's VP Xi Jinping today at the Pentagon with a full honor ceremony with music and cannons...
