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Analysts predict a potential surge in XRP price, with targets ranging from $15 to $27, amid growing optimism fueled by Ripple's UAE backing and RLUSD's $300M supply milestone.

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Paraguay president’s X account hacked, falsely claims Bitcoin as legal tender

Crypto NewsMonday, June 9, 2025 at 7:42:11 PM
Paraguay president’s X account hacked, falsely claims Bitcoin as legal tender
Paraguay's government is scrambling to contain the fallout after President Santiago Peña's X (formerly Twitter) account was apparently hacked. The compromised account posted a bogus announcement in English claiming Bitcoin had been approved as legal tender—a move that would've mirrored El Salvador's controversial crypto adoption. Officials quickly flagged the post as fraudulent, but not before it sparked confusion online.
Editor’s Note: This isn't just about a rogue tweet—it's a reminder of how vulnerable high-profile social media accounts can be to misinformation. With crypto scams already rampant, a hacked world leader's account could easily manipulate markets or erode public trust. Paraguay's swift denial helps, but the incident fuels broader concerns about the risks of blending politics and unverified digital platforms.
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