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Paraguay’s government announced Monday that President Santiago Peña’s X account may have been hacked after it shared a post falsely claiming that Bitcoin had been declared legal tender in the country. The post, written in English and accompanied by a Spanish-language statement, asserted that Paraguay was launching a $5 million Bitcoin-backed reserve fund and integrating … Read more
Key Takeaways A suspected hack of Paraguayan President’s X account led to a false announcement about Bitcoin becoming legal tender in Paraguay. The announcement raised doubts due to unusual decree formatting and absence from official channels, prompting an investigation. Share this article Paraguayan President Santiago Peña’s X account on Monday posted an announcement claiming that … Read more
The Trump administration is applauding a major move by a key South American ally in the global fight against terrorism. On Thursday, the U.S. State Department issued a statement congratulating Paraguay’s President Santiago Peña for officially labeling Iran’s Islamic Revolutionary Guard Corps (IRGC) a terrorist organization – a decision the U.S. calls a critical blow … Read more
El Salvador and Argentina have partnered to increase crypto adoption in Latin America. The partnership brings together Juan Carlos Reyes, who heads El Salvador’s National Digital Assets Commission (CNAD), and Roberto Silva, chairman of Argentina’s National Securities Commission (CNV). This was confirmed by local media reports on 26 March 2025. Commenting on the partnership, Reyes … Read more
HIVE Digital has signed a multi-million deal to acquire a 200 MW mining site in Paraguay, with plans to achieve 25 EH/s by September. Canadian Bitcoin (BTC) mining giant HIVE Digital is set to acquire Bitfarms‘ 200 MW hydro-powered mining site in Paraguay, boosting its mining power to 25 EH/s by September. The power pump … Read more
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