In short Hackers have stolen $ 140 million from a network of Brazilian banks connected to the country’s central banking system. The …
Brazilian
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Finance
Brazilian Firm Meliuz’s Shares Fall After Planning to Raise $32.4M to Buy Bitcoin
by shayaanby shayaanBrazilian fintech firm Meliuz (CASH3)plans to raise R180.08 million ($32.4 million) through an equity offering, according to a filing. The funding is …
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Regulation
Brazilian Party Proposes Bill to Restrict Bitcoin Mining and Tax Trading Activities
by shayaanby shayaanA new bill introduced by a deputy from President Lula’s political party proposes to allow only licensed entities to mine bitcoin in …
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Markets
Brazilian Fintech Firm Méliuz Plans $78M Equity Offering to Buy Bitcoin, Shares Plunge
by shayaanby shayaanBrazilian fintech Méliuz (CASH3), which serves over 30 million users in the country, is launching a public share offering to raise up …
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Adoption
Brazilian Méliuz announces $26M share sale to grow Bitcoin treasury, shares drop 7%
by shayaanby shayaanBrazilian company Méliuz shares traded 7% lower at R$8.20 on May 30 amid the company’s announcement of a primary share sale that …
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Smart Contracts
Brazilian Fintech Méliuz Launches Share Offering to Stack More Bitcoin
by shayaanby shayaanIn short Brazilian fintech Méliuz has announced a supply offer to finance extra Bitcoin purchases for his treasury. The FinTech already has …
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Markets
Leaders of $190M Brazilian Crypto Ponzi Scheme Sentenced to Over 170 Years in Prison
by shayaanby shayaanA Brazilian court has sentenced three executives behind the collapsed crypto scheme Braiscompany to a combined 171 years in prison, concluding one …
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Regulation
Operator of Brazilian Crypto Ponzi Scheme Sentenced to 128 Years in Prison
by shayaanby shayaanThe Brazilian justice system sentenced Joel Ferreira de Souza to 128 years, 5 months, and 28 days in prison. Souza was identified …
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In brief Three men in Brazil were sentenced to a combined 170 years in prison this week over a Bitcoin investment scheme …
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Finance
Brazilian Drex Hits Privacy Roadblock as Support From External Partners Wanes
by shayaanby shayaanLocal media reports that several companies, including Microsoft and EY, have reduced the number of employees working on drex-related solutions. This reduction …