This week: 130 banks in Paraguay, Japan, and France experienced collapses, shutdowns, or hacks. The scale of the damage ranged from frozen bank cards to the president’s ouster: 1. 🇵🇾 Paraguay’s Ueno Bank collapsed, leaving approximately 3 million people unable to access their savings and resulting in the removal of President Santiago Peña from office. 2. 🇯🇵 On Friday, a system failure caused ATMs and teller services at 128 small Japanese banks to be offline for more than five hours. 3. 🇫🇷 Hackers attacked France’s Crédit Mutuel Arkéa with fraudulent transactions, but the bank stated that customer funds were not lost. 4. 🇯🇵 Hackers stole personal information of up to 320,118 loan customers from Japan’s SMBC Consumer Finance, including driver’s license numbers. 5. 🇧🇷 Hackers breached Brazil’s FGC (the fund that reimburses savers in case of bank failures), leaking names, tax IDs, and email addresses. 6. 🇧🇷 Pix, Brazil’s widely used daily payment system, experienced outages for some users on Friday but was quickly restored. President Peña is currently under house arrest and denies all wrongdoing. Paraguay has now begun reimbursing Ueno customers, with deposits insured up to approximately $37,000 per person. @coinbureau