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Brazilian Crypto Investment Platform Bluebenx Stops Withdrawals Under Hack Allegations

Bluebenx, a Brazil-based cryptocurrency investment platform, suspended withdrawals last week due to an alleged hack that made the company lose more than $31 million. The company announced that the withdrawals would be stopped for at least six months. The company has been investigated by the Brazilian Securities and Values Commission (CVM) in January. Bluebenx Stops […]

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Brazil introduces bill to tokenize gold on blockchain

Brazil, the biggest country in South America, has passed a new bill to tokenize all gold mined in the country. The new bill was initiated by Brazil’s first indigenous lawyer, Joenia Wapichana. The bill intends to eliminate cases of illegal mining ravaging the country. Also, the bill is geared toward bringing clarity to the country’s […]

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This Brazilian Fintech Is Bringing Crypto Trading To 30 million People

Crypto services are spreading worldwide. Most of the growth in this regard has been mostly in the West, but more countries and companies are beginning to follow suit. The latest of this is a Brazilian fintech that is starting to offer crypto services in the country. Picpay’s latest innovation that features the space is seeing […]

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Brazilian payment app PicPay launches crypto exchange with Paxos

The integration with Paxos marks the first move for PicPay to introduce its 30 million customers to digital assets and help them understand Bitcoin. Major Brazilian payment application PicPay is moving into cryptocurrencies by integrating a crypto exchange service allowing users to buy Bitcoin (BTC) and Ether (ETH). The firm officially announced on Wednesday that […]

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Picpay Rolls Out Crypto Trading Options to More Than 30 Million Users in Brazil

Picpay, a payments and wallet app, is now providing cryptocurrency services to more than 30 million users in Brazil. The company, that had announced this rollout last month, now allows its customers to purchase, hold, and sell digital assets from its platform. The organization partnered with Paxos, the issuer of the pax dollars stablecoin, in […]

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Vinteum launches in Brazil to aid the Bitcoin ecosystem

Vinteum, a nonprofit Bitcoin research and development firm, has been unveiled in Brazil. The firm announced the development in its press release. The entry of Vinteum into Brazil will help facilitate the decentralization of open-source networks within the country. Vinteum will provide the necessary infrastructures for open-source developers’ training and funding in Brazil. As revealed, […]