The X account of the President of Paraguay, Santiago Peña, was hacked on Monday.
The account posted that Paraguay was making bitcoin
authorized tender, constituting a bitcoin reserve and issuing bitcoin bonds. It additionally invited traders to donate to a bitcoin pockets.
“Traders: your funding as we speak will decide the dimensions of this rollout. Safe your stake in Bitcoin,” the message mentioned in English. Peña’s earlier posts had been all written in Spanish.
The official web page of the Presidency of Paraguay posted on X that the bitcoin-related info was false and {that a} non-authorized particular person could have accessed the account.
Paraguay has turn out to be residence to massive bitcoin mining operations, particularly belonging to HIVE (HIVE). Not like El Salvador, nonetheless, it has but to determine a correct crypto regulatory framework.
