Brazil Financial News

30.10 / 19:39

Activism Halloween India: 30 killed in suspension bridge collapse in Gujarat, officials say

At least 30 people were killed and dozens critically injured when a suspension bridge in India's western Gujarat state collapsed on Sunday, two government officials said.

28.10 / 19:53

Twitter film Sunak UK PM Rishi Sunak asks France's Emmanuel Macron for help with Channel migrants

New UK Prime Minister Rishi Sunak had his first official phone call with French President Emmanuel Macron on Friday, just a few days after taking office.

28.10 / 08:15

business Ripple XRP SEC Holdings reports Time Ripple reports XRP holdings below 50% for the first time

Ripple Lab’s XRP token holdings have dropped below 50% of the total circulating supply for the first time in the company’s history.

27.10 / 13:13

Blockchain Adoption Binance Asia Kazakhstan to build central bank digital currency on BNB Chain

In an announcement on Twitter, Changpeng Zhao, the founder and CEO of Binance, said the network will be a major component of Kazakhstan’s latest Web3 endeavor.

27.10 / 02:31

Lowe's Brazil’s Central Bank Leaves Key Rate Unchanged at 13.75%

The Central Bank of Brazil left its benchmark lending rate unchanged, but warned again that it is prepared to resume hikes if the country’s inflation doesn’t keep slowing as expected.

26.10 / 12:23

markets Polygon Reddit Is MATIC price about to double? Polygon's Reddit hype pushes exchange balance to 9-month lows

A sharp rebound in the Polygon (MATIC) market in the last four months has increased its price by 200% when measured from its June 2022 bottom of $0.31. And now, the token is showing signs of undergoing another major market rally.

24.10 / 22:15

Ethereum Investments Bitcoin Drop Crypto Investment Products Volumes on crypto investment products drop to 2-year lows: Coinshares

On Oct 24, European cryptocurrency investment firm Coinshare published its Digital Asset Fund Flows Report, which revealed that digital asset investment products saw $5 million worth of cumulative outflows last week, in a continuation of what it calls an “apathetic period” that began in September 2022.

24.10 / 17:19

markets Polygon Developers Backed Warren Buffett-backed neobank picks Polygon for Web3 token — MATIC price eyes 100% rally

Polygon (MATIC) price could double by the end of 2022 or early 2023 due to a mix of extremely bullish fundamental and technical indicators.

24.10 / 15:13

business Blockchain Santander bank trials blockchain platform for used cars in Brazil

Major global bank Santander continues exploring the benefits of blockchain technology, with a local branch implementing blockchain for vehicle trading and car registration.

21.10 / 16:33

business education Women Web3 Projects Web3 projects focus on education to bring Latin American women to the sector

Interest in Web3 continues to grow despite the crypto bear market. A recent article from McKinsey noted that venture capital investments in Web3 exceeded $18 billion during the first half of 2022. Findings from Cointelegraph Research also show that Web3 attracted the most interest from venture capitalists in comparison to other blockchain sectors during Q2 of this year.

21.10 / 14:37

Adoption Gaming Chainalysis Vietnam Ranks 1st in Crypto Adoption, USA is 5th, China Back in Top 10 - Chainalysis

While emerging markets generally dominate the global adoption list, when it comes to the top 10 list, three developments stand out: Vietnam taking the crown again, the US climbing to fifth place, and China re-entering the list, according to the latest report by blockchain analysis company Chainalysis.

21.10 / 14:29

Provident Citizens Tether USDT Tether USDT Tether USDT Available in Over 24,000 ATMS in Brazil

Stablecoin issuer Tether has announced that SmartPay aims to boost the Brazilian population’s access to the popular USDT stablecoin by making it available at more than 24,000 ATMs across the South American country.

21.10 / 12:25

Citi Citizens Tax Brazil’s Eighth-largest City OKs Plan to Let Residents to Pay Taxes in Crypto

Brazilian cities are racing to allow their citizens the ability to pay their local taxes in crypto – with the nation’s eighth largest city set to allow residents to settle their bills in bitcoin (BTC) and other tokens from next year.

21.10 / 05:59

Adoption Report Remittances drive ‘uneven, but swift’ crypto adoption in Latin America

Remittance payments, fiat fears, and profit-chasing have been the three most significant drivers of crypto adoption in Latin America, according to a new report.

20.10 / 18:27

Ethereum Charity Fidelity Crypto News Summary: Nubank’s New Nucoin Crypto, Fidelity’s ETH Offer, Bitpanda Partners With N26 Digital Bank

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

20.10 / 11:51

Digital BitPanda Bitcoin Europe’s $9 billion digital bank N26 launches crypto trading service amid bear market

European digital bank N26 announced Thursday it is launching a crypto trading service, starting with Austria as the first market for the product.

19.10 / 15:25

Blockchain Digital Platform Bitcoin Backed Nubank Buffett-backed digital bank Nubank to launch its own cryptocurrency in Brazil

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19.10 / 15:09

business Adoption Tokens Polygon Blockchain Nubank Nubank to launch loyalty tokens on the Polygon blockchain

Nubank, a fintech bank in Brazil, announced the creation of the Nucoin token on the Polygon blockchain on Oct. 19, paving the way for a rewards program for its 70 million clients across Latin America.

17.10 / 11:23

business Binance Mining Crypto miners Support Binance launches $500M lending project to support crypto miners

Binance Pool, a mining subsidiary of Binance, launched a $500 million lending project to support the crypto mining industry. It will provide loans to private blue-chip Bitcoin (BTC) crypto miners.

14.10 / 22:45

business Web3 MetaMask $50B asset custody platform GK8 enters Brazil with license agreement

Digital asset custody platform GK8 has partnered with 2ND Market, a Brazilian crypto holding company, to expand cryptocurrency product offerings in Brazil — a move both companies say would support continued adoption in Latin America’s largest economy.

14.10 / 03:55

UPS Enterprise MSCI China is no longer just any emerging market — it has become its own beast

BEIJING — China is no longer just another emerging market play. Now, the country is becoming its own beast — with all the risks and rewards that come with being a world power.

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