Brazil central bank prepares crypto monitoring system after $180M cyberattack

Brazil’s central bank has partnered with Hypernative to develop a real-time crypto threat alert system that will connect banks and domestic exchanges. This system was created in response to attackers moving part of an estimated $180 million theft into cryptocurrency. Integration is expected to begin within two weeks, with Foxbit and Mercado Bitcoin participating after successful testing. The project was accelerated after attackers stole funds through C&M infrastructure in 2025. Additionally, Brazil will require a 24-hour hold on qualifying crypto transfers above $10,000 starting in January 2027.