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RABBIT HOLE RECAP #366: CHAIRMAN ON THE BRINK OF GETTING FIRED

Rabbit Hole Recap

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Exploring Cyber Vulnerabilities in Centralized Financial Systems

This chapter examines a major cyber attack in Brazil that exploited a payment system, leading to a $100 million theft from its banks. It raises critical concerns about the security of centralized financial systems and discusses the implications for global finance, including the potential rise of decentralized currencies like Bitcoin.

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