Brazilian / 2 posts found
Brazilian Crypto Exchange of Nox Bitcoin Set to Refund All UST Holders’ Losses with USDT
Cryptocurrency Summary: The Brazilian Crypto Exchange of Nox Bitcoin has announced that it will refund all UST Holders’ losses with USDT. Nox Bitcoin has set aside BRL 620,000 or approximately $127k for the refunds. Additionally, during the UST depegging, OKX was the only crypto-exchange to notify its users of the potential risks of the stablecoin collapse. OKX risk protection system kicked in on May 8th, releasing UST from staking so that it could be traded or sold. The Brazilian crypto exchange of Nox Bitcoin has announced that it will refund all its customers who suffered losses during the UST depegging. […]
Brazilian Digital Banking Giant Partners With Paxos to Offer Crypto Services
São Paulo-based Nubank, Latin America’s largest digital bank, has signed a partnership deal with blockchain infrastructure platform Paxos to support cryptocurrency trading services within its banking app. Nubank Supports Direct Bitcoin and Ether Trading In a press release on Wednesday (May 11, 2022), Nubank said its customers will be able to buy, sell, and hold bitcoin and ether directly via the banking app, with crypto purchases starting from $0.20. (1 BRL). According to the announcement, Nubank’s new service seeks to offer a simple and seamless cryptocurrency experience for its users. The co-founder and CEO of Nubank, David Vélez, said: “There […]