BRICS member states India and Brazil stand in the way of China’s bid to quickly expand the bloc, unveiled a media report. The two nations have different reasons to have reservations about Beijing’s plan to soon increase the organization’s geopolitical influence while they both seem to want to slow down the enlargement, sources have indicated.…
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Brazil’s police force has conducted raids on addresses linked with Braiscompany, a suspected crypto pyramid. The firm’s owners have allegedly escaped the country with around $160 million worth of customers’ funds. Police launched an investigation into the firm, codenamed Operation Halving, earlier this year…. Read More: Brazilian Police Swoop on Suspected Crypto Pyramid Operator Braiscompany…
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Worldcoin, the decentralized biometric ID protocol, has officially launched, allowing users to reserve their share of WLD, the incentives-driven token of the protocol, that will be granted when confirming one’s identity using a biometric device called the “Orb.” In addition, Worldcoin also informed that it will be accelerating the rollout of these devices to more…
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Moscow expects the number of leaders participating in the 2024 BRICS summit to be greater than five, according to a high-ranking Russian diplomat. The statement comes as the five-member organization prepares to discuss its enlargement at its meeting at the top this year, with dozens of nations showing interest or formally applying to join it.…
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Russian President Vladimir Putin will not travel to Johannesburg for the BRICS summit in August, according to the office of his South African counterpart. Moscow will send Foreign Minister Sergey Lavrov instead, the Kremlin confirmed, emphasizing that Putin will join the event via video link. Putin to Take Part in BRICS Talks on Enlargement, Currency…
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Brazilian police say they have taken apart two crypto-powered money laundering rings, with suspects arrested in four states across the nation. In an official Federal Police announcement, officers explained that they had “dismantled” two groups they claimed had been active in “international drug trafficking.” The police have codenamed their swoop Operation Bahamut, and arrested at…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Crypto’s ‘Inherent Structural Flaws’ Make It Unsuitable for Monetary System, BIP39 Mnemonic Phrases Can be Turned into Colors, Dev Says He Reverse-Engineered Brazil CBDC Source Code, Algofi to…
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Police in Brazil have announced plans to auction off assets seized from Trust Investing, a suspected crypto-themed financial pyramid operator. Per the media outlet Portal do Bitcoin, a Federal Court in Campo Grande granted the authorities the right to auction off “seven luxury cars,” including armored vehicles. The assets are valued at just under $288,000…
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Set to take place in less than two months, the upcoming BRICS Summit in Johannesburg, scheduled for August 22 to 24, has captured global attention. Anticipation is mounting as ministers from the BRICS countries convene to explore potential avenues for expanding the bloc’s membership and introducing a unified currency. Recent data from Google Trends reveals…
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The Brazilian Central Bank has uploaded a large collection of central bank digital currency (CBDC)-related documents to GitHub – as the nation edges closer to a digital real rollout. The collection of documents was uploaded to the bank’s GitHub page on June 3, but a number of files were also updated on June 4. The…
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