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

Brazil’s central bank has developed a real-time crypto threat alert system with Hypernative that will connect banks and domestic exchanges after attackers moved part of an estimated $180 million theft into cryptocurrency. Summary Brazil’s central bank has developed a crypto threat alert system with Hypernative that will connect banks and domestic exchanges. Integration is expected to begin within two weeks, with Foxbit and Mercado Bitcoin participating after the system underwent testing. The project gained urgency after attackers stole up to $180 million through C&M infrastructure in 2025 and converted part of the funds into crypto. Brazil will separately require a 24 hour preventive hold on qualifying crypto transfers above $10,000 from January 2027. Valor Econômico reported that the Central Bank of Brazil developed the monitoring and alert-sharing system with blockchain security company Hypernative and has already tested the tool with market participants. The system is designed to help financial institutions identify attacks, respond to suspicious activity and track funds when stolen money moves from the banking system into crypto markets. Brazil crypto alert system moves tow...