Brazilian Crypto Investment Platform Bluebenx Backpedals on Hack Reports, Sta...

Brazilian Crypto Investment Platform Bluebenx Backpedals on Hack Reports, Sta...

Bluebenx, a Brazilian crypto company that recently stopped customer withdrawals, has changed its story regarding the causes which took it to take that measure. While the exchange issued an email statement informing customers it had been the victim of a vicious hack, now the company states the liquidity problems were the consequence of a listing scam. Bluebenx Switches Versions Regarding Liquidity Issues Brazilian crypto investment company Bluebenx changed the version on the recent liquidity issues it is facing, having stopped the withdrawals for some customers last week. The....


Related News

Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Al...

Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be stopped for at least six months. The company has been investigated by the Brazilian Securities and Values Commission (CVM) in January. Bluebenx Stops Withdrawals, Allegedly Loses $31+ Million in Hack A Brazilian cryptocurrency investment platform, Bluebenx, paused withdrawals in its platform last Thursday, affecting approx 2,500 customers in the process. The company....

BlueBenx fires employees, halts funds withdrawal citing $32M hack

BlueBenx’s lawyer, Assuramaya Kuthumi, revealed that the attack resulted in the loss of $32 million, which many investors found hard to believe. BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real). While no details about the hack were made available, the company allegedly laid off most of its employees.BlueBenx joins the growing list of crypto companies that failed to deliver on their promise of exorbitant yield returns this crypto winter.....

$80 Billion Brazilian Investment Bank Launches Bitcoin and Crypto Trading App

Brazilian investment bank BTG Pactual becomes first large financial institution in Brazil to enable customers to make direct investments in Bitcoin.

Brazilian Tax Authority RFB Registers New Record of Almost 1.5 Million Brazil...

The Brazilian Tax Authority RFB registered a new record in the number of Brazilians that invested in crypto, in the month of September. The institution informed through its monthly reports that almost 1.5 million people had purchased crypto during Sept. The number of crypto investors in Brazil increased since August when a little more than 1.3 million people declared holding crypto. Brazilian Tax Authority Registers Almost 1.5 Million Crypto Investors in September Cryptocurrency is gaining popularity as an investment choice for portfolios in Latam. The Brazilian Tax Authority RFB....

Largest DeFi Hack Yet? BadgerDAO Hack Results In Loss Of $120M+

There are high ceilings and low floors when it comes to crypto at times. Another hack came to life this week, and early reports have stated that the hack was a front-end compromise that led to users being tricked into approving unwanted transactions. The news comes after a $35M DeFi hack of the Vee Finance protocol in recent months, and our team at NewsBTC reported around mid-year that crypto hacks and fraud were on pace for a record year. This week’s BadgerDAO compromise is one of DeFi’s biggest yet. BadgerDAO Hack: What We Know The protocol cited “reports of....