• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Paraguayan President's Account Hack: Fake Bitcoin Claim

user avatar

by Giorgi Kostiuk

6 hours ago


A recent incident involving the hacking of Paraguayan President Santiago Peña's account draws attention to cybersecurity vulnerabilities. Hackers posted false claims about making Bitcoin legal tender, prompting official responses.

Paraguayan President's Account Compromised in Hack

The official X account of Paraguayan President Santiago Peña was hacked. An unauthorized post falsely claimed that the country would make Bitcoin legal tender and create a $5 million BTC reserve.

Swift Government Reaction to Bitcoin Scam

The official Presidencia of Paraguay condemned the hack and urged citizens to disregard false information. The government confirmed that the president's account had been compromised and noted that the incident did not impact the market or policy.

Echoes of 2020 Twitter Crypto Scams

This incident echoes the significant Twitter hack in 2020, targeting public figures for crypto scams. Such events highlight existing cybersecurity issues on social media platforms. 'We urge citizens to disregard any recently published content without official confirmation from this office,' stated the Presidency of Paraguay.

The incident with the president's account demonstrates the need for enhanced security on social media and policy discussions in this area, although it has not negatively impacted Paraguay's economy.

0

Share

Other news

UK Appoints First Crypto Specialist for Asset Recovery

Andrew Small is appointed in the UK to handle rising insolvencies related to cryptocurrencies.

user avatarGiorgi Kostiuk

a minute ago

Ethereum, XRP, and Web3 ai: How Market Trends Shape the Future of Cryptocurrencies

This article examines current trends in the crypto market, focusing on Ethereum, XRP, and Web3 ai, analyzing their prospects and influencing factors.

user avatarGiorgi Kostiuk

27 minutes ago

BitMEX Trading Competition: Chance to Win 3 BTC

BitMEX has announced a trading competition with a 3 BTC prize pool. Participation is available from June 6 to June 30, 2025.

user avatarGiorgi Kostiuk

29 minutes ago

UK Appoints Crypto Specialist for Bankruptcy Cases

The UK has appointed a new crypto specialist to address bankruptcy issues involving cryptocurrencies.

user avatarGiorgi Kostiuk

30 minutes ago

Major Ethereum Transactions Spark Positive Price Predictions

Recent significant Ethereum transactions have raised interest regarding its price direction. Predictions suggest a potential rise to $3000.

user avatarGiorgi Kostiuk

31 minutes ago

Bitcoin Price Increases as Short Liquidations Spike by 240%

Today, Bitcoin experienced a sharp rise in short liquidations after its price surged to $108,320.14. A review of recent data from Glassnode.

user avatarGiorgi Kostiuk

33 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.