Crypto Streamer Loses Life Savings in Private Key Accident

Brazilian cryptocurrency streamer Fraternidade Crypto recently lost thousands of dollars due to a private key accident. During a live stream on YouTube, the channel’s owner Ivan Bianco exposed his private key to a self-custodial cryptocurrency wallet, which contained a significant amount of Polygon MATIC. Shortly after, Bianco closed the live stream but it was too […]

Ronaldinho Denies Involvement in Alleged $61 Million Crypto Pyramid Scheme

Retired pro soccer star Ronaldinho Gaúcho testified at a congressional hearing in Brazil on Aug. 31, denying his involvement in an alleged $61 million crypto pyramid scheme that bore his name. Ronaldinho claimed he was never partnered with the company and it used his name and image without his authorization, arguing he was also a […]

Binance to Reduce Support for BUSD Stablecoin by 2024

Binance, one of the world’s leading cryptocurrency exchanges, has announced its plan to reduce support for its Binance USD stablecoin by February 2024. This pivot arises from Paxos’s cessation of new BUSD token minting. Changes on the Binance platform are imminent as the exchange preps for this shift, including the phasing out of BUSD spot […]

Latin American Crypto Adoption Grows with Binance and Circle Initiatives

This week has seen a flurry of activity in the crypto sector in Latin America, with both Binance and Circle announcing key initiatives. Binance is introducing a ‘Send Cash’ feature that enables crypto-to-bank transfers for residents of nine Latin American countries, while Circle is partnering with Mercado Pago in Chile to offer its USD Coin.Binance’s […]

Binance Launches ‘Send Cash’ Feature to Improve Financial Inclusion in Latin America

Binance has recently unveiled a new feature for its Latin American clients, allowing users in nine Latin American nations to send crypto via Binance Pay. Beneficiaries in Argentina and Colombia can directly collect these transfers into their bank accounts.The new “Send Cash” feature promises a more efficient and cost-effective method of digital money transfer, addressing […]

Circle and Mercado Pago Partner to Offer USDC Payments in Chile

Circle, a stablecoin company, has announced a new partnership with Mercado Pago, the largest fintech company in the Latin American region. This payment platform is a subsidiary of retail giant Mercado Libre, which has 200 million users. Mercado Pago will offer Circle-issued USDC as a payment option to its Chilean customers. USDC is a stablecoin […]

Binance Launches Crypto-to-Cash Bank Service in Latin America

Binance, the world’s leading crypto exchange, has announced the launch of a new crypto-to-bank payment platform, Send Cash, in nine countries in Latin America. The platform will allow users to transfer their digital assets via Binance Pay and receive fiat currency with an equivalent value of their digital assets directly into their bank accounts. The […]