Blockchain developer Pedro Magalhães claims that he has successfully reverse-engineered the source code of Brazil’s pilot central bank digital currency (CBDC), revealing the existence of functions that empower a central authority to freeze funds or reduce balances.
Related Posts
King Charles approves UK legislation for crypto oversight
King Charles has given his official sanction to the UK’s Financial Services and Markets Bill, setting the stage…
Thumzup targets ETH, DOGE, SOL treasuries after closing $50m public offering
Thumzup made its biggest crypto bet yet. Fresh off a $50 million public offering, the firm is aggressively…
Ethereum onchain activity surge hints at ETH price rally to $5K
Ether’s road to $5,000 looks clear, especially if TradFi adoption and spot ETH ETF inflows continue at their…