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Brazil’s Meliuz floats to boost Bitcoin buying strategy

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Brazilian fintech firm Méliuz is weighing the possibility of increasing its Bitcoin purchases as part of a broader effort to enhance its treasury diversification, according to comments made by the company’s CEO.

Speaking during a recent earnings call, CEO Cesar Medina acknowledged that while Méliuz’s current exposure to Bitcoin is relatively small, the company sees potential in expanding its position in the digital asset. Medina emphasized that the fintech is evaluating market conditions and regulatory clarity before committing to a larger allocation.

Méliuz, which operates a digital cashback and payments platform, initially entered the crypto space through a strategic partnership and has since begun integrating crypto services into its offerings. Medina noted that any future investment in Bitcoin would be carried out prudently, aligning with the firm’s long-term vision and risk management policies.

The consideration mirrors a growing trend among Latin American companies looking to hedge against local currency volatility and diversify away from traditional financial assets. Brazil, in particular, has emerged as a regional leader in crypto adoption, supported by progressive fintech regulation and increasing institutional interest.

While Méliuz has not announced a definitive timeline or target amount for additional Bitcoin acquisitions, the company’s openness to the strategy signals continued momentum for crypto adoption within Brazil’s corporate sector.

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North Korean hackers target crypto devs with fake recruitment tests

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U.S. authorities have issued a fresh warning about North Korean operatives posing as remote crypto developers to infiltrate global blockchain companies and funnel funds to the sanctioned regime.

According to the alert, state-sponsored hackers from North Korea are applying for freelance roles in the crypto sector by using false identities and stolen resumes. Their primary objective is to secure positions at Web3 and blockchain firms, enabling them to exploit access for financial gain and to gather sensitive technical data.

These operatives often present themselves as highly skilled engineers, using polished profiles on platforms like LinkedIn and GitHub. Once inside, they aim to move digital assets, extract source code, or compromise infrastructure — with the ultimate goal of generating revenue for North Korea’s weapons development.

The U.S. government has linked the scam to the Lazarus Group, a well-known cybercrime unit associated with the North Korean regime. Intelligence reports indicate that the group’s activities have led to the theft of billions in cryptocurrency over recent years.

Officials urge crypto firms to strengthen their vetting processes, including verifying job applicants’ identities and scrutinizing remote access permissions. The advisory also recommends businesses monitor unusual activity on internal platforms and stay updated on threat intelligence regarding nation-state actors.

The warning follows a surge in phishing campaigns and job application fraud targeting decentralized finance and crypto startups, which are often more vulnerable to social engineering and remote infiltration.

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Binance helps countries with Bitcoin reserves, crypto policies, says CEO

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Binance has called on governments around the world to consider adding Bitcoin to their national reserves, positioning the digital asset as a strategic hedge amid growing global economic uncertainty.

The push comes as part of Binance’s broader initiative to promote Bitcoin’s role in the evolving financial landscape. The exchange argues that Bitcoin’s decentralized nature, limited supply, and resilience to inflation make it an ideal alternative to traditional reserve assets like gold and foreign currencies.

In a public statement, Binance suggested that countries could benefit from incorporating Bitcoin into their sovereign wealth strategies, especially those seeking greater monetary autonomy or facing currency volatility. The exchange also emphasized that holding Bitcoin can help nations diversify their reserve portfolios and reduce reliance on any single fiat currency, particularly the U.S. dollar.

Binance highlighted El Salvador as a pioneering example of this approach, where Bitcoin has been adopted as legal tender and accumulated as part of its national reserves. The company believes more governments will follow suit as digital assets continue to gain legitimacy and institutional interest.

While some policymakers remain cautious about integrating cryptocurrencies into national finance, Binance maintains that proactive engagement and investment in Bitcoin could provide long-term economic advantages and strengthen financial sovereignty.

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Ripple acquisition Hidden Road secures FINRA registration

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Prime brokerage firm Hidden Road, reportedly in acquisition talks with Ripple, has successfully obtained registration with the Financial Industry Regulatory Authority (FINRA), signaling a major step forward in its U.S. expansion strategy.

The FINRA approval officially registers Hidden Road as a broker-dealer, allowing the firm to operate within regulated financial markets in the United States. This milestone comes as speculation swirls over Ripple’s interest in acquiring the brokerage to bolster its infrastructure and compliance capabilities amid increasing scrutiny from U.S. regulators.

Although neither Ripple nor Hidden Road has confirmed the acquisition, industry insiders suggest that the move would align with Ripple’s broader ambitions to deepen its footprint in traditional finance and enhance institutional access to digital assets.

Hidden Road, known for offering prime brokerage services across traditional and digital asset markets, has rapidly gained prominence by providing institutional-grade trading infrastructure and risk management solutions. The FINRA registration is expected to further legitimize its presence in the U.S. and attract more institutional clients.

The development marks a strategic win for Ripple as it navigates ongoing regulatory challenges in the U.S., while also reinforcing its focus on global growth and integration between blockchain technology and traditional financial services.

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