A Brazilian congressional committee recommended that local authorities file charges against Binance CEO Changpeng "CZ" and three other Binance executives following an investigation into financial pyramid schemes in Brazil.
On October 10, the committee released a 500-page final report in which it…
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cryptocurrencies
The US could apply electronic banking laws to cryptocurrencies
In recent statements, Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), indicated that they are analyzing applying the same guidelines to cryptocurrencies that apply to electronic banking.
The main objective of the…
Huobi Global finally managed to recover its hacked funds
In a surprising victory against cybercrime, Huobi Global's HTX cryptocurrency exchange has managed to recover funds stolen by a hacker in late September. In this incident, 5,000 ETH, valued at approximately USD 8 million at the time, were…
El Salvador launches Lava Pool, first bitcoin mining pool
El Salvador, a pioneering Central American country in adopting bitcoin as legal tender, launched its first mining pool for this cryptocurrency, called Lava Pool.
This is a joint effort between the public and private sectors, promoted by…
IMF warned about the risks of cryptocurrencies in the financial system
The International Monetary Fund (IMF) issued a report aimed at addressing the rapid changes in the cryptocurrency market. In this report, titled "Assessment of the macrofinancial risks of cryptocurrencies", the IMF highlights the…
Sam Bankman-Fried pleads not guilty to fraud
October 3 marked the start of the trial against Sam Bankman-Fried, the founder of the cryptocurrency platform FTX, in federal court in Manhattan. This trial focuses on charges of fraud and money laundering. The first session was largely…
September emerged as the worst month for cryptocurrency exploits
September stands as the worst month of 2023 in terms of cryptocurrency-related exploits. During this month, a serious setback was recorded with the theft of $329.8 million in digital assets.
CertiK, a blockchain security firm, noted that…
Binance officially quits Russian market
The leading global cryptocurrency platform, Binance, made public its withdrawal from the Russian market and the transfer of its operations in the country to the Russian firm CommEX. This process is projected to take approximately one year.…
Argentine Patagonia will be a cryptocurrency mining center
The company Tecpetrol is looking for a use for the gas derived from oil extraction in Argentine Patagonia. Cryptocurrency mining is an option.
This was announced by the company recently, stating that the project will be developed in the…
ByBit suspends operations in the United Kingdom market
The upcoming regulations that the Financial Conduct Authority will apply in the United Kingdom have caused the ByBit cryptocurrency platform to stop activities in the territory.
According to information in the local media, the new…
Cryptocurrency adoption increases in India
The adoption of cryptocurrencies in India has increased to the point of positioning the country as second in this market, according to a report by Chainalysis.
Data from this platform shows “Central, Southern and Oceanic Asia (CSAO) as one…
Withdrawals in cryptocurrencies amount to about $500 million
Over the past few months, the flight of investment capital from crypto funds has been a growing concern in the sector. Indeed, in the last nine weeks, it is estimated that around $500 million has been withdrawn.
According to data provided…