Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil
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Cryptocurrency Transactions’ Volumes Spike Nearly 25% in Brazil

The volume of cryptocurrency transactions in Brazil has yet again registered record numbers. According to figures offered by the Brazilian IRS equivalent, volumes grew 24.2% compared to last year, reaching over $43.5 billion between January and September 2024. Stablecoin volumes were significant, with Tether’s USDT leading the charge. The leading stablecoin registered volumes of $27.4 […] Source: https://news.bitcoin.com/cryptocurrency-transactions-volumes-spike-nearly-25-in-brazil/

The World’s Largest Bitcoin Conference Makes Middle East Debut in Abu Dhabi With Eric Trump as Keynote Speaker
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The World’s Largest Bitcoin Conference Makes Middle East Debut in Abu Dhabi With Eric Trump as Keynote Speaker

PRESS RELEASE. The Bitcoin Conference will be held in Abu Dhabi on December 9-10 at the ADNEC Centre, featuring keynote speaker Eric Trump alongside top Bitcoin innovators and government officials. This landmark event will explore the future of finance in the region, as the Middle East experiences a “New Gold Rush” driven by the rapid […] Source: https://news.bitcoin.com/the-worlds-largest-bitcoin-conference-makes-middle-east-debut-in-abu-dhabi-with-eric-trump-as-keynote-speaker/

Russia Seeks to Weaken the West, Collapse US, Medvedev Declares
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Russia Seeks to Weaken the West, Collapse US, Medvedev Declares

Dmitry Medvedev, Deputy Chairman of Russia’s Security Council, called for weakening Western influence, stating Russia’s goal is the collapse of U.S. power or re-establishing a Soviet-era global counterbalance. He emphasized that Russia must distance itself from the West to avoid hostility and highlighted new alliances, like BRICS, as signs of shifting global dynamics toward a […] Source: https://news.bitcoin.com/russia-seeks-to-weaken-the-west-collapse-us-medvedev-declares/

Crypto On/Off Ramp Discloses Breach, Says 1.14% of Users Affected
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Crypto On/Off Ramp Discloses Breach, Says 1.14% of Users Affected

Transak, a cryptocurrency on/off-ramp service, confirmed on Oct. 21 that experienced a data breach affecting 1.14% of its users. A ransomware group claimed to have obtained sensitive data but Transak confirmed only limited information was accessed. The company said it is taking steps to address the incident and has contacted affected users and relevant authorities. […] Source: https://news.bitcoin.com/crypto-on-off-ramp-discloses-breach-says-1-14-of-users-affected/

Sanctions Backfire: European Exporters Suffer More Than Russia
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Sanctions Backfire: European Exporters Suffer More Than Russia

European sanctions against Russia are impacting small European exporters, particularly in Italy, more severely than Russia itself, according to Ferdinando Pelazzo, president of the Italian-Russian Chamber of Commerce. Small and medium-sized enterprises (SMEs) are struggling with disrupted payment systems and logistical challenges due to the sanctions. Italian businesses heavily reliant on Russian markets now face […] Source: https://news.bitcoin.com/sanctions-backfire-european-exporters-suffer-more-than-russia/

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BlackRock's IBIT investors throw $329M into ETF as Bitcoin dips 3%

BlackRock’s Bitcoin fund carried over to the rest of the United States spot Bitcoin ETFs, which recorded a net inflow of $294 million on Oct. 21.  Source: https://cointelegraph.com/news/blackrocks-ibit-leads-spot-bitcoin-etfs-with-329-million-inflow-day?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound