City Santos Financial News
23.01 / 10:55
cryptocurrency
Bitcoin Scams
Bitcoin pyramid schemes wreak havoc on Brazil's 'New Egypt'
The detainees told police they worked for G.A.S. Consulting & Technology, a cryptocurrency investment firm founded by a former waiter-turned-multimillionaire who is the central figure in what is alleged to be one of Brazil's biggest-ever pyramid schemes. Police say the company owned by 38-year-old Glaidson Acacio dos Santos had total transactions worth at least $7 billion ($38 billion reais) from 2015 through mid-2021 as part of a Bitcoin-based Ponzi scheme that promised investors 10% monthly returns.
14.01 / 13:23
Blockchain
defi
Funding
Proof-of-stake
NEAR Protocol raises $150M to promote Web3 adoption
Proof-of-stake blockchain NEAR Protocol has raised $150 million in seed investments to accelerate the adoption of Web3 technologies. The team announced that the fund would be used to develop regional hubs and raise awareness for blockchain and decentralized tech.
11.01 / 00:05
Altcoins
Trading
Exchange
week
Crypto Listing and Delisting Announcements: Week 2
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today.
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