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Latam Insights: Venezuela Embraces USDT, OranjeBTC Rises in Brazil


Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition: Venezuela moves its internal disbursements to USDT, OranjeBTC surges as Latam’s largest bitcoin treasury company, and Argentina negotiates $20 billion lifeline...

Crypto Carnage: $6B Liquidated, BTC and ETH Plunge in Brutal Week


The crypto market lost $240 billion this week as bitcoin, ethereum, and XRP posted steep declines. Bitcoin Leads Downturn The crypto economy closed another turbulent week, with total market capitalization falling from $4.12 trillion to $3.88 trillion. Bitcoin (BTC) led the downturn, dropping from...

Vietnam Pushes Digital Asset Strategy With Binance and Bybit Partnerships


Vietnam is moving forward with plans to establish an international financial center in Da Nang, with Binance and Bybit invited to play key roles. The government aims to pilot a regulated digital asset market under strict legal and capital requirements. Da Nang Positioned as Future Digital Finance...

$8M in Crypto Stolen in Armed Kidnapping; Suspects Arrested in Texas


Two brothers have been federally charged after allegedly kidnapping a Washington County family and stealing $8 million in cryptocurrency during a nine-hour ordeal. Crypto Kidnapping Charges The U.S. has charged two brothers accused of orchestrating a violent nine-hour home invasion in Washington...

BNB Chain Validators Move to Halve Gas Fees With New Proposal


Validators on the BNB Chain have proposed halving gas fees and reducing block times to keep the network competitive, aiming for faster, cheaper transactions while sustaining validator rewards and staking yields. BNB Chain Proposes Gas Fee Cut to Boost Competitiveness BNB Chain validators...

US Crypto Taxes Will Be Harder to File Correctly — Here’s Why


Bill Hughes, in charge of regulatory matters at Consensys, explained that starting this year crypto holders will be required to report their transactions on a wallet-by-wallet basis, making it more complex for users who have multiple wallets. Crypto Taxes Get Harder to File as IRS Enforces...

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