Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Brazil launches a blockchain-based ID card, the Venezuelan cryptocurrency watchdog Sunacrip extends its restructuring period, and Buenos Aires launches a “self-sovereign” blockchain ID program.
Brazil Launches Nationwide Blockchain-Based ID
The government of…
Bitcoin, Ethereum Technical Analysis: BTC Climbs Above $28,000 to Start ‘Uptober’ – Market Updates Bitcoin News
October 3, 2023
Bitcoin rose above the $28,000 level on Monday, as bullish sentiment returned to start what many are calling the month of “Uptober.” The global crypto market cap was also considerably higher in today’s session, up nearly 3% as of writing. Ethereum remains above…
In the world of cryptocurrencies, the emergence of Shiba Budz (BUDZ) has sparked a notable revolution in the realm of decentralized gaming. This development is characterised by the innovative use of blockchain technology to enhance gaming processes and establish secure…
FTX Heist: Hacker Shifts $51M in Ethereum as Former CEO Preps for Trial – Bitcoin News
October 3, 2023
After the FTX hacker transferred 5,000 ethereum (ETH) valued at $8 million in purloined assets, the cybercriminal shifted an additional 25,000 ether, totaling $43.15 million. Yet, even after relocating tens of millions of dollars in ethereum, the FTX wallet drainer still holds a whopping 155,749 ETH, currently valued at slightly above $268 million.
FTX Hacker Moves 30,000 Ether
In the past three…
Licensed crypto mining companies have urged the government in Kazakhstan to revise its taxation policy regarding the sector, which they say is in dire straits. The largest mining firms plan to leave the Central Asian nation by the end of this year, warned the members of the…
Vitalik Buterin Discusses Ethereum Protocol 'Enshrining': 'Blockchains Are Social Systems' – Blockchain Bitcoin News
October 2, 2023
Vitalik Buterin, the co-creator of Ethereum, has discussed the next steps that the protocol is about to take and how the upcoming decisions should be the result of balancing complexity and functionality. Buterin noted that Ethereum started with a philosophy of striving for…
Vaneck Pledges 10% of Ethereum ETF Profits to Fuel ETH Core Development – Bitcoin News
October 2, 2023
On September 29, 2023, the asset management firm Vaneck unveiled an initiative to earmark 10% of its profits from its ethereum (ETH) exchange-traded fund (ETF) towards protocol development for at least ten years. This financial infusion will be given to the Protocol Guild, a consortium of over 150 core Ethereum developers, fueling their quest to further refine and grow the Ethereum protocol.
A…
As markets continue to move sideways, crypto companies are trying to increase user engagement through airdrops. Among them are some well-known names in the space as well as new projects searching for their place. They all seek to arouse interest in digital money and their…
Lambo Livestream Goes Wrong for Bitboy, Kiyosaki Says Buy BTC, Lawmakers Push ETF Approval — Week in Review – The Weekly Bitcoin News
October 2, 2023
A livestream in which Ben “Bitboy” Armstrong is hunting down his allegedly stolen Lamborghini ends up with the crypto influencer arrested. In other news this week, Rich Dad Poor Dad author Robert Kiyosaki says to purchase bitcoin before markets crash, and U.S. lawmakers…
NFT Sales Slide 9.91% Continuing a 6-Week Downtrend Despite Rising Crypto Prices – Markets and Prices Bitcoin News
October 2, 2023
Sales of non-fungible tokens (NFTs) have slid once more this week, dipping to 9.91% below the preceding week’s figures. Data reveals that in the span from September 24 to October 1, 2023, around $72,767,450 worth of NFT sales have been logged, marking the latest seven-day stretch.
NFT Sales Continue to Slide
While the crypto economy has risen over the past seven days, NFT sales have dropped once…
