According to an announcement from Ukraine's government, the Stellar blockchain network has been selected to be a platform to build a central bank digital currency (CBDC).
Rostislav Solod, a member of the Ukrainian Klamatosk City Council, has reported that he owns a privacy-focused cryptocurrency monero (XMR) worth millions of dollars.
The incident highlights the proliferation of risky investment schemes and dubious operators in crypto, but also the tech's potential to track missing funds.