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Brazilian Central Bank Digital Currency Raises Alarm as Developer Uncovers Fund Freezing Feature

A blockchain developer has found a code in Brazilian central bank-backed digital currency (CBDC) that would allow the government to freeze accounts or even drain them at will. Founder of Web3 consulting company Iora Labs...

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Brazilian Central Bank Digital Currency Raises Alarm as Developer Uncovers Fund Freezing Feature
A blockchain developer has found a code in Brazilian central bank-backed digital currency (CBDC) that would allow the government to freeze accounts or even drain them at will. 
Founder of Web3 consulting company Iora Labs and blockchain developer Pedro Magalhaes took to social media to reveal his findings in the Brazilian CBDC pilot. ...
Read More: Brazilian Central Bank Digital Currency Raises Alarm as Developer Uncovers Fund Freezing Feature

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