Latam Insights: Brazil to Debate Controversial Crypto Tax; Libra Probe Sparks New Revelations

Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition, Brazil is set to debate Lula’s controversial crypto tax, the probe into Libra’s launch offers new revelations, and Nubank has launched a new token-based fidelity program. Brazilian Congress to Debate Lula-Imposed Crypto … Read more

Ripple Co-Founder’s Wallets Unleash Millions in XRP Transfers in July

Onchain data reveals that a wallet widely thought to belong to Ripple co-founder Chris Larsen has shuffled close to 60 million XRP since July 15. Despite the flurry of activity, the wallet still sits on a hefty stash—282.49 million XRP, currently valued at about $897 million. Massive XRP Transfers Link Back to Ripple Co-Founder and … Read more

PUMP’s Market Cap Tanks Below $1B: From 12-Minute Sellout to Market Mayhem

After peaking with a $2.4 billion market cap, Pump.fun’s PUMP token has slipped below the billion-dollar threshold, now landing at $962 million following a 5% dip in price today. X Debates PUMP as Sentiment Turns Nuclear The PUMP token—tied to meme coin launchpad Pump.fun—is trading 31.875% beneath its initial coin offering (ICO) price. It’s also … Read more

Monero Faces Looming 51% Attack Threat From Rival Blockchain Qubic

Monero ( XMR), the leading privacy-focused cryptocurrency by market cap, faces an unprecedented threat as rival project Qubic prepares to attempt control of over 51% of its mining hashrate starting Aug. 2. Monero Community Faces Another Challenge Qubic founder Sergey Ivancheglo (known as CFB) has hinted at a planned 51% attack on social media this … Read more

US Gov Approves Key Digital Asset, XRP Plunges & BNB Rises, and More — Week in Review

The U.S. Gov approves a key digital asset, XRP plunges while BNB rises, the U.K. moves to sell billions in confiscated bitcoin assets, and more in this Week in Review. Week in Review In a historic move for the digital asset sector, the U.S. government has officially granted its first-ever endorsement of a key digital … Read more