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“# Brazil’s ‘Bitcoin King’ arrested over 7,000 missing BTC ” Self-described “Bitcoin King,” Claudio Oliveira, has been arrested and charged by Brazilian federal police for allegedly masterminding a 1.5 billion reais (roughly $300 million) fraud scheme involving crypto. Oliveria served as the president of Bitcoin Banco Group, a Brazilian crypto brokerage firm that has been…
“# Asset manager QR launches Bitcoin ETF on Brazilian stock exchange ” The Brazil Stock Exchange, or B3, has launched trading of another Bitcoin (BTC) exchange-traded fund, marking the growing acceptance of the crypto industry in the country. Brazilian asset manager QR Asset Management started trading its Bitcoin ETF with the ticker QBTC11 on the…
“# Berkshire Hathaway invests $500M in Brazilian digital bank ” Brazilian digital bank Nubank has raised $500 million from Berkshire Hathaway, a multinational holding company run by billionaire Warren Buffett. In an announcement from Nubank on Tuesday, the digital bank said the $500 million investment would be used to continue its international expansion — the…
“# Latin lawmakers don lazer eyes on Twitter in support of Bitcoin ” Gabriel Silva, a Panamanian congressman, is moving to follow in El Salvador’s footsteps by proposing legislation to adopt Bitcoin and other cryptocurrencies on a national scale. El Salvador’s president, Nayib Bukele announced during the Miami Bitcoin conference on June 6, that he…
“#Brazilian artist makes classic art from plastic bag shreds” Brazilian artist Eduardo Srur reproduces works by renowned masters without using a drop of paint – just recycled shreds of plastic picked up from city streets and rivers. For his latest exhibition, he has copied Picasso, Van Gogh, Monet and Warhol to draw attention to pollution…
“# OKex embraces Brazil’s official fast payments system PIX, as CBDC draws nearer ” Increasing numbers of offshore cryptocurrency exchanges are embracing Brazil’s instant payments infrastructure, PIX. On May 28, OKEx announced a strategic partnership with local payments firm CuboPay, allowing it to facilitate Tether ($USDT) purchases in exchange for Brazilian real via PIX. The…
“#COVID overwhelms Latin America, Caribbean as death toll hits 1M” Freshly dug open graves line a municipal cemetery in Tijuana, just one of thousands of burial sites across Latin America and the Caribbean where gravediggers are making room for the region’s one million COVID-19 victims. The region hit the grim milestone Friday, with South America…
“# Major Brazilian crypto asset manager secures $26M in funding ” Hashdex, the Rio de Janeiro-based crypto asset manager with over 4 billion Brazilian real ($765 million) in assets under management, has raised $26 million in a new funding round from investors. According to Bloomberg on Wednesday, venture capital firm Valor Capital Group led the…
“#Rio’s de Janeiro’s last wild macaw is looking for love” Single, colorful bird looking for love. The last known wild macaw in Rio de Janeiro is so lonely she’s looking for love at the city’s zoo. For the last two decades a wild blue-and-yellow macaw has flown to the enclosure at the zoo to hang…
“# Tezos-native NFT platform H=N gains steam, launches World Art Day fundraiser ” Not all NFT platforms are for newly-rich crypto investors to flaunt their wealth, as one project is proving. As the calls from artists and activists grow louder to reduce the carbon footprint of NFTs, one indie platform on environmentally-friendly proof-of-stake blockchain Tezos…