Crypto Heist and Innovations: Phemex Breach and Bybit’s Brazilian Expansion

Explore the latest in cryptocurrency as hackers steal $85 million from Phemex, highlighting security vulnerabilities. Meanwhile, Bybit launches Bybit Pay in Brazil, integrating crypto with the Pix payment system, marking a significant step in Latin America's digital finance evolution. Dive into these stories to understand the challenges and advancements shaping the crypto landscape.

Sources:
https://www.bleepingcomputer.com/news/security/hackers-steal-85-million-worth-of-cryptocurrency-from-phemex/
https://www.pymnts.com/cryptocurrency/2025/bybit-launches-bybit-pay-in-brazil-to-enable-crypto-and-fiat-payments/
https://evrimagaci.org/tpg/global-governments-push-to-regulate-cryptocurrency-use-163027
https://www.investopedia.com/microstrategy-adds-another-billion-in-bitcoin-will-sell-more-shares-for-future-buys-8780833

Outline:
(00:00:00) Introduction
(00:00:40) Hackers steal $85 million worth of cryptocurrency from Phemex
(00:04:16) Bybit Launches Bybit Pay in Brazil to Enable Crypto and Fiat Payments
(00:06:40) Global Governments Push To Regulate Cryptocurrency Use
(00:10:39) MicroStrategy Adds Another Billion in Bitcoin, Will Sell More Shares For Future Buys