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…
Tesla has managed to weasel its way out of a class-action lawsuit over its Full Self-Driving claims because it argued that customers have agreed to take any issue to arbitration in their contracts.
The situation around Tesla selling its “Full Self-Driving Capability”…
Tesla’s stock (TSLA) surged back up and recovered from a premarket tumble as the market seems to be reassured by the reiteration of the automaker’s annual delivery goal.
As we reported this morning, Tesla released its Q3 2023 delivery and production numbers. At 435,000…
The world's longest subsea cable that will send clean energy from Morocco to the UK just got a big boost
October 2, 2023
A plan to build the world’s longest subsea cable that will carry clean energy from Morocco to the UK just got streamlined.
The world’s longest subsea cable
The British government designated the Xlinks Morocco-UK Power Project a Nationally Significant Infrastructure Project. That means the infrastructure the project needs will be approved at the national level, thus bypassing local planning…
Volvo teases new images of the EM90 electric minivan revealing a big boxy back end, new face
October 2, 2023
Volvo is teasing its first electric minivan, the EM90, again. The new images reveal a big boxy back end and sleek design features.
The Swedish automaker gave us our first look at the EM90 in August, announcing it publicly for the first time.
We knew Volvo was designing…
Tesla launches a slightly updated Model Y in China
October 2, 2023
Tesla has launched a slightly updated Model Y in China with an LED light strip, new wheels, and faster acceleration.
It’s not a major update, but it is worth noting.
While all eyes are still on the rollout of the new Model 3, Tesla has quietly released an updated version…
Rivian (RIVN) EV deliveries climb in Q3 to beat estimates, on track to hit annual guidance
October 2, 2023
California-based Rivian (RIVN) beat Q3 analyst estimates Monday as EV deliveries and production continue climbing. As production ramps, the EV maker remains on track to hit its 52,000 target for 2023.
Rivian beats Q3 estimates as EV deliveries climb
Rivian announced Q3 production and delivery numbers Monday, showing another solid quarter of growth.
As demand grows for Rivian’s R1T and R1S…
