Brazil Financial News

14.08 / 08:51

Blockchain Hackers BlueBenx fires employees, halts funds withdrawal citing $32M hack

BlueBenx, a Brazilian crypto lending platform, reportedly blocked all of its 22,000 users from withdrawing their funds following an alleged hack that drained $32 million (or 160 million Brazilian real). While no details about the hack were made available, the company allegedly laid off most of its employees.

12.08 / 16:39

UK drought: Millions face hosepipe ban as swathes of England are officially in drought

Millions of people face water usage restrictions in the UK after a drought was officially declared across large parts of the country.

12.08 / 13:03

Stablecoin Paxos Bitcoin Brazilian payment app PicPay launches crypto exchange with Paxos

Major Brazilian payment application PicPay is moving into cryptocurrencies by integrating a crypto exchange service allowing users to buy Bitcoin (BTC) and Ether (ETH).

04.08 / 14:51

FIVE Brazil’s Central Bank Raises Selic Lending Rate to 13.75%, Considers Increase in September

SÃO PAULO—Brazil’s central bank raised its benchmark interest rate as expected Wednesday, the 12th consecutive time, and said it would consider another rate increase at its next meeting in September.

03.08 / 00:53

ETH BTC Target Digital BTC, SOL, ETH as main-cast to July’s strongest report card movie

The cryptocurrency market continues to showcase important vital signs of life amid a raging storm. In fact, the ending week of July saw inflow into digital asset investment products at an optimal number.

02.08 / 23:13

cryptocurrency Crime Fraud Brazilian Cop Charged with Duping 23 Fellow Officers in ‘Crypto Pyramid Scam’

A military police officer in the Brazilian state of Goiás is being tried for allegedly scamming fellow officers with a cryptoasset-themed scheme.

02.08 / 00:23

cryptocurrency Survey Bitcoin 84% of Surveyed Brazilian High Earners Know What Crypto Is

Crypto awareness is on the rise in Brazil, a new survey has found – particularly among higher-earning individuals.

30.07 / 07:49

business Blockchain Argentinean soccer club welcomes first crypto signing amid economic downturn

Argentina’s economic restrictions have reached the sports industry, with the first signing of a local football player with cryptocurrencies hitting national headlines.

29.07 / 12:29

cryptocurrency Adoption Santander Banking Giant Santander is Set to Offer Crypto Trading to Brazilians as Crypto 'Is Here to Stay'

Banco Santander S.A., the Brazilian subsidiary of the Spanish Santander Group, plans to start offering crypto trading, possibly already this year.

26.07 / 12:51

UPS Provident Reuters Platform Bitso Reaches 1 Million Users Mark in Brazil

Bitso has now reached a mark of one million users in Brazil, a year after its release in the country, the Mexican cryptocurrency exchange announced.

23.07 / 16:25

business Blockchain Sport education Fans seek trust and better understanding of sports NFT market: Research

The heavy involvement of the sports ecosystem is what expedited nonfungible tokens’ (NFT) mainstream adoption as the teams and players leveraged the technology for fan engagement. However, sports fans revealed their interest in moving beyond the hype and making investments based on knowledge about NFTs and trust in the issuers.

22.07 / 18:23

Gaming Bitcoin Taiwan vs. Crypto, Uprise Might Compensate Some LUNA Losses + More News

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

22.07 / 08:09

Adoption Payments Latin America Workers in volatile economies most likely to take pay in crypto: Report

Residents in nations with volatile economies are more likely to receive their pay in crypto, according to global hiring platform Deel.

22.07 / 00:15

business Mercado Bitcoin plans to expand to Mexico

Brazilian crypto exchange Mercado Bitcoin could begin operating in Mexico sometime in 2022, pending regulatory approval.

19.07 / 16:13

business Sport Bitcoin market volatility crypto market volatility UFC fighter will receive full salary in Bitcoin, shrugs off crypto market volatility

Ultimate Fighting Championship (UFC) fighter Luana Pinheiro announced that she has partnered with Bitwage to receive her salary in Bitcoin (BTC). Pinheiro said she continues to receive fiat payments from her sponsors but converts them to BTC immediately through Bitwage.

18.07 / 00:11

Adoption Bitcoin Community Nodes Bitcoin price crash Bitty Kitty: Cat spoils Bitcoin node during price crash with ‘dirty protest’

A Bitcoin node is a pivotal piece of the Bitcoin (BTC) protocol. For bad actors, attacking nodes and bringing them offline is a sound strategy to undermine the network’s resilience. For one British Bitcoiner, such an attack took place, as the actions of his feline friend rendered his Bitcoin node “unreachable.”

16.07 / 11:49

Stablecoin Europe Sustainability European Union Crypto-asset MiCA and ToFR: The EU moves to regulate the crypto-asset market

On the last day of June, the European Union reached an agreement on how to regulate the crypto-asset industry, giving the green light to Markets in Crypto-Assets (MiCA), the EU's main legislative proposal to oversee the industry in its 27 member countries. A day earlier, on June 29, lawmakers in the member states of the European Parliament had already passed the Transfer of Funds Regulation (ToFR), which imposes compliance standards on crypto assets to crack down on money laundering risks in the sector.

15.07 / 10:51

cryptocurrency Digital Platform retail clients Brazil's Lender Itau Eyes Offering Cryptos To Retail Clients

Brazil's largest private lender Itau announced on Thursday a new token trading platform.

14.07 / 16:09

business Twitter Social Media Twitter down for thousands of users globally - reason unknown

Twitter was down for thousands of users across the globe on Thursday, its first such outage since February, according to outage tracking website Downdetector.com.

14.07 / 07:11

business Gaming Nifty News: GameStop NFT's first day, Limewire trends and game dev attacks!

GameStop’s new NFT marketplace took home roughly $44,500 from transaction fees in the first 24 hours after it launched via a public beta on Monday.

13.07 / 19:45

UPS Ethereum ETH Digital Ethereum [ETH] makes a big jump as investment products see…

Despite the ongoing crypto carnage, investment products have witnessed some recovery across several countries. Speaking in particular, Ethereum [ETH] assets are showing growth across major indices in the past week. These signs are indicating a growing investors’ confidence in Ethereum with the Merge on the horizon.

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