CryptoNews

Binance Gains 21st Regulatory Approval – Crypto Giant Tightens Grip Worldwide

Binance has secured its 21st regulatory approval with Brazil’s central bank, bolstering its growing dominance and expanding its footprint in Latin America’s booming crypto market. Binance Expands Regulatory Dominance With Brazil Approval Crypto exchange Binance announced Thursday that it has secured approval from the Central Bank of Brazil to acquire Sim;paul, a licensed broker-dealer in the…
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CryptoNews

Latam Insights: El Salvador’s Bitcoin Christmas Buying Spree, Argentina’s Tether Freeze

Welcome to Latam Insights, a compendium of the most relevant crypto and economic news from Latin America over the past week. In this week’s edition of Latam Insights, El Salvador continues buying bitcoin despite IMF’s requirements, the Argentine justice system orders freezing USDT for the first time, and a Brazilian congresswoman warns about the dangers of a national CBDC. El Salvador’s…
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CryptoNews

'Free Money' Crypto Scam Uses Fake Wallets to Steal Your Funds

A terrifying new crypto scam leaves users trapped in wallets they thought were free money—only to watch their crypto vanish into the hands of scammers. The ‘Free Money’ Crypto Trap—How Fake Wallets Are Draining Crypto Kaspersky, a global cybersecurity and anti-virus company, detailed a new crypto scam in a blog post published on Monday where fraudsters post crypto wallet seed phrases in…
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CryptoNews

Lido Ends Staking on Polygon; Refocuses on Ethereum

The Lido community has voted to end staking services on Polygon, due to significant challenges that has limited adoption. Lido Shuts Down Polygon Staking Lido Finance has announced it will be effectively discontinuing its staking service on Polygon. According to a Dec. 16 blogpost, the decision was reached after an extensive decentralized autonomous organization (DAO) forum discussion and a…
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