#wenia

[carterashofficial]

Images for Reference below the cut

Also, there was a tie on the Agents (Myrt and Draxx) so I made the executive decision on who I thought was sexier

Myrt:

Auntie Tetla:

Vanyke:

Wenia:

Fiika:

[fyblackwomenart]

Wenia Light and Shadow by  Jonathan Guy Gladding

[galestral]

wenias!_!! !________________

[timesofinnovation]

In a significant move within the cryptocurrency landscape, Fireblocks and Chainlink Labs have announced a strategic partnership aimed at revolutionizing the stablecoin market. Unveiled on September 17, this collaboration promises to deliver a comprehensive solution for banks looking to issue and manage regulated stablecoins. The partnership addresses a pressing need in the financial sector, where the demand for stablecoins has surged. According to recent statistics, stablecoins processed approximately $3.7 trillion in transactions in 2023, with projections suggesting this figure could grow to $5.28 trillion by 2024. This exponential growth indicates that institutions are increasingly viewing stablecoins not merely as vehicles for trading but as essential instruments for digital transactions. Comprehensive Solutions Offering As part of their collaboration, Fireblocks and Chainlink Labs will cover all necessary components for stablecoin issuers, including minting, custody, and distribution. This holistic approach enhances tokenization capabilities, ensuring that banks have a real-time view of their stablecoin reserves, market value, and total supply across different blockchains. Angie Walker, the Global Head of Banking and Capital Markets at Chainlink Labs, stated that this partnership will not only enhance transparency for stablecoin users but also elevate the stablecoin's role as a secure payment method and trading tool within digital asset markets. Walker’s insights reflect a broader acknowledgment within the financial community of the importance of transparency and security in the digital currency ecosystem. The collaboration aims to provide institutions with the tools necessary to capitalize on the burgeoning potential of stablecoins while ensuring compliance with regulatory frameworks. Case Study: Wenia and Bancolombia's COPW Stablecoin While specific banks involved in this partnership have not yet been disclosed, it is worth noting that the collaboration builds upon previous projects. Both companies previously assisted Wenia, a division of Colombia’s largest bank, Bancolombia, in launching its COPW stablecoin. This hands-on experience underscores their capability to support banks in navigating the complexities of stablecoin implementation. The COPW stablecoin initiative demonstrated a practical application of stablecoins within a regulated banking framework, setting a precedent that other banks may look to emulate. By improving access to stablecoin solutions, the partnership between Fireblocks and Chainlink Labs could pave the way for wider adoption of digital currencies in conventional banking systems. Growing Interest in Stablecoins The increasing interest in stablecoins reflects a fundamental shift in how digital assets are perceived and utilized. No longer seen solely as speculative tools, stablecoins are emerging as viable alternatives to traditional fiat currencies, especially in transactions requiring stability and low volatility. The result is a growing ecosystem where businesses and consumers can engage in digital transactions with greater confidence. This shift is supported by studies, such as the recent survey from Castle Island Ventures and Brevan Howard Digital, which highlights that stablecoins are increasingly being regarded as a general-purpose digital dollar. This perspective aligns with the need for liquidity, efficiency, and ease of use in trading environments. Conclusion The alliance between Fireblocks and Chainlink Labs marks a pivotal moment in the evolution of stablecoins. By offering a comprehensive solution to banks, they not only enhance the operational capabilities of financial institutions but also contribute to the overall maturation of the cryptocurrency market. As more banks begin to explore the benefits of stablecoins, this partnership stands to influence how regulated digital assets are issued and managed across the globe. The future of banking may very well be intertwined

with the effectiveness of these new digital currencies, making industry collaborations like this one essential for paving the path forward.

[blockchainfeed]

BeInCrypto's comprehensive Latam Crypto Roundup highlights the most important news and trends from Latin America. This week's roundup covers Argentina's efforts to protect cryptocurrency scam victims, Bancolombia's integration of the Solana and Arbi #Blockchain #Crypto

[bravecompanynews]

LATAM Crypto Roundup: Argentina Protects Scam Victims, Bancolombia’s Wenia Integrates Solana, and More - Information Today Online - #GLOBAL https://www.merchant-business.com/latam-crypto-roundup-argentina-protects-scam-victims-bancolombias-wenia-integrates-solana-and-more/?feed_id=200237&_unique_id=66e6d478eab07 BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene.This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other key stories.Bancolombia’s Wenia Expands with Solana and Arbitrum IntegrationBancolombia’s crypto platform, Wenia, has expanded its offerings by integrating the Solana and Arbitrum networks, allowing users to transfer Ethereum (ETH) via Arbitrum. This update aims to enhance user experience with lower transaction fees and faster processing times.The inclusion of Solana and Arbitrum positions Wenia as a competitive force in the region, particularly with Arbitrum’s scalability advantages over Ethereum. Wenia noted that this move aligns the platform with a global trend favoring more efficient blockchain networks.“We have an invitation you’re going to love! Arbitrum and Solana networks are now available on Wenia App, and our crypto specialist Rafael Santamaría will tell you everything in a takeover this Friday, September 13, on our Telegram channel. Don’t miss it!” the platform announced via its X account.Read more: Crypto vs. Banking: Which Is a Smarter Choice?Since its launch, Wenia has offered a variety of digital assets, including Bitcoin, Ethereum, USDC, MATIC, and the COPW stablecoin. The platform also allows users to view detailed reports on the reserves backing the COPW stablecoin through its Reserve Test feature.Earlier this year, Wenia introduced Chainlink’s Proof-of-Reserve (PoR) services to enhance transparency in its holdings.“On-chain Proof of Reserve data is a critical component for digital asset adoption and serves as a springboard toward increasing consumer confidence in the use of stablecoins and other tokenized assets. We chose Chainlink for its industry-leading platform,” said Pablo Arboleda, CEO of Wenia.Enegix Global Taps Natural Gas for New Crypto Mining Data Center in BrazilEnegix Global has announced plans to use isolated natural gas as the energy source for its upcoming cryptocurrency mining data center in Brazil. Set to launch this November, the facility will initially have a 25-megawatt (MW) capacity, with plans to expand to 80 MW.The isolated natural gas, found in areas with limited infrastructure, offers a cleaner energy alternative for mining operations, particularly in regions rich in gas reserves. This move aligns with Brazil’s growing reputation for both cryptocurrency adoption and renewable energy innovation.“In addition to being considered one of the largest cryptocurrency adoption markets in the world, Brazil has ideal conditions to attract the digital mining industry as well. With clean energy sources, such as isolated natural gas and hydroelectric power plants, the country favors the promotion of sustainability in the sector and at the same time presents favorable conditions for operating costs and electricity generation,” Enegix CEO Yerbolsyn Sarsenov stated.Read more: Is Crypto Mining Profitable in 2024?The project aims to support the mining of Bitcoin and altcoins while enhancing Enegix’s power management capabilities by over 30%.Latam Countries Rank Among Top 20 With Highest Crypto AdoptionAccording to the latest report from blockchain analytics firm Chainalysis, Brazil, Venezuela, Mexico, and Argentina are among the top 20 countries globally with the highest cryptocurrency adoption rates. These Latin American nations join others like India, Nigeria, and the United States in leading the world in crypto usage and transfers.

Chainalysis’ global adoption index highlights the role of Bitcoin spot exchange-traded funds (ETFs) in driving BTC activity in North America and Western Europe. In contrast, stablecoins have had a more significant impact in regions such as Africa and Latin America.“Between Q4 2023 and Q1 2024, the total value of global crypto activity increased substantially, reaching higher levels than 2021 during the cryptocurrency bull market. This year, cryptocurrency activity increased in countries at all income levels, with a pullback in high-income countries from early 2024,” the report noted.Read more: Top 9 Crypto Friendly Countries For Digital Assets InvestorsGlobal Crypto Activity. Source: ChainalysisIn Latin America, Brazil, Venezuela, Mexico, and Argentina are leading the charge. The report also notes a significant increase in global cryptocurrency activity between Q4 2023 and Q1 2024, surpassing the levels seen during the 2021 bull market. Cryptocurrency usage grew across all income levels, although high-income countries saw a slight decline in early 2024.Fundación Blockchain Argentina to Offer Legal Support to Cryptocurrency Scam VictimsFundación Blockchain Argentina has launched a new initiative aimed at protecting cryptocurrency users by offering free legal advice to victims of scams. Led by Dr. Sabrina Scavone, the program aims to provide guidance to individuals who have fallen prey to cryptocurrency-related fraud. As investments in digital assets, such as Bitcoin, continue to rise, so too have incidents of scams, creating concern within the crypto community.The service focuses on offering specialized legal advice to those who have suffered financial losses from Ponzi schemes, fraudulent investments, or phishing attacks. The Foundation’s move follows a significant increase in such crimes, with reports indicating millions of dollars lost to hacks and scams. The service will provide victims with a thorough analysis of their legal options and clear steps for pursuing their cases.Guido Zatloukal, president of Fundación Blockchain Argentina, highlighted that this initiative reflects the organization’s commitment to the safety and well-being of the country’s crypto community.Read more: 15 Most Common Crypto Scams To Look Out ForSabrina Scavone also stressed the importance of creating a more secure and transparent cryptocurrency ecosystem, noting that legal tools can be crucial for those affected by such crimes. With the rise of fraud, Fundación Blockchain Argentina strengthens its role in promoting blockchain education and development, now extending its efforts to include legal support.Venezuelan Authorities Seize 35 Bitcoin Mining Machines Amid Regulatory UncertaintyOn September 6, 2024, Venezuelan authorities, led by the Bolivarian National Armed Forces (FANB) and the Public Prosecutor’s Office, seized 35 Bitcoin mining machines in the state of Guárico. The operation, sanctioned by the 3rd Control Court of San Juan de los Morros, also resulted in the confiscation of 30 extractors, several industrial fans, and two vehicles. The raid occurred due to the lack of necessary permits for operating the mining farm.In Venezuela, cryptocurrency mining is heavily regulated, requiring authorization from the National Superintendence of Cryptoassets (Sunacrip). However, since Sunacrip was suspended in 2023 amid a corruption scandal involving state oil company PDVSA, the crypto industry has been left without a clear regulatory framework.This regulatory void has created challenges for miners. Many argue that they lack the guidance to operate legally, resulting in interventions like the one in Guárico. High energy consumption from Bitcoin mining, particularly from ASIC machines, has been a key issue, exacerbating Venezuela’s ongoing energy crisis. Frequent blackouts have prompted the government to disconnect mining farms from the National Electric System (SEN), aiming to stabilize power for citizens.Read more: Crypto Regulation: What Are the Benefits

and Drawbacks?President Nicolás Maduro recently stated that cryptocurrencies would become a priority on his political agenda, but details on restoring Sunacrip or clarifying regulations remain vague. Until then, the uncertainty surrounding Bitcoin mining in Venezuela continues, with miners left exposed to legal action and sanctions. Similar crackdowns have been reported in Paraguay, where protecting the electricity grid is also cited as the primary reason for such interventions.As the Latam crypto scene grows, these stories highlight the region’s increasing influence in the global market. Stay tuned for more updates and insights in next week’s roundup.Google News TrustedDisclaimerIn adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.“BeInCrypto’s comprehensive Latam Crypto Roundup highlights the most important news and trends from Latin America. This week’s roundup covers Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the…”Source Link: https://beincrypto.com/beincrypto-com-latam-crypto-news-september-15/ https://thefintechtimes.com/wp-content/uploads/2023/01/crypto-1-960x640.jpg BLOGGER - #GLOBAL

[companyknowledgenews]

LATAM Crypto Roundup: Argentina Protects Scam Victims, Bancolombia’s Wenia Integrates Solana, and More - Information Today Online https://www.merchant-business.com/latam-crypto-roundup-argentina-protects-scam-victims-bancolombias-wenia-integrates-solana-and-more/?feed_id=200238&_unique_id=66e6d479a4622 #GLOBAL - BLOGGER BLOGGER BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene.This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other key stories.Bancolombia’s Wenia Expands with Solana and Arbitrum IntegrationBancolombia’s crypto platform, Wenia, has expanded its offerings by integrating the Solana and Arbitrum networks, allowing users to transfer Ethereum (ETH) via Arbitrum. This update aims to enhance user experience with lower transaction fees and faster processing times.The inclusion of Solana and Arbitrum positions Wenia as a competitive force in the region, particularly with Arbitrum’s scalability advantages over Ethereum. Wenia noted that this move aligns the platform with a global trend favoring more efficient blockchain networks.“We have an invitation you’re going to love! Arbitrum and Solana networks are now available on Wenia App, and our crypto specialist Rafael Santamaría will tell you everything in a takeover this Friday, September 13, on our Telegram channel. Don’t miss it!” the platform announced via its X account.Read more: Crypto vs. Banking: Which Is a Smarter Choice?Since its launch, Wenia has offered a variety of digital assets, including Bitcoin, Ethereum, USDC, MATIC, and the COPW stablecoin. The platform also allows users to view detailed reports on the reserves backing the COPW stablecoin through its Reserve Test feature.Earlier this year, Wenia introduced Chainlink’s Proof-of-Reserve (PoR) services to enhance transparency in its holdings.“On-chain Proof of Reserve data is a critical component for digital asset adoption and serves as a springboard toward increasing consumer confidence in the use of stablecoins and other tokenized assets. We chose Chainlink for its industry-leading platform,” said Pablo Arboleda, CEO of Wenia.Enegix Global Taps Natural Gas for New Crypto Mining Data Center in BrazilEnegix Global has announced plans to use isolated natural gas as the energy source for its upcoming cryptocurrency mining data center in Brazil. Set to launch this November, the facility will initially have a 25-megawatt (MW) capacity, with plans to expand to 80 MW.The isolated natural gas, found in areas with limited infrastructure, offers a cleaner energy alternative for mining operations, particularly in regions rich in gas reserves. This move aligns with Brazil’s growing reputation for both cryptocurrency adoption and renewable energy innovation.“In addition to being considered one of the largest cryptocurrency adoption markets in the world, Brazil has ideal conditions to attract the digital mining industry as well. With clean energy sources, such as isolated natural gas and hydroelectric power plants, the country favors the promotion of sustainability in the sector and at the same time presents favorable conditions for operating costs and electricity generation,” Enegix CEO Yerbolsyn Sarsenov stated.Read more: Is Crypto Mining Profitable in 2024?The project aims to support the mining of Bitcoin and altcoins while enhancing Enegix’s power management capabilities by over 30%.Latam Countries Rank Among Top 20 With Highest Crypto AdoptionAccording to the latest report from blockchain analytics firm Chainalysis, Brazil, Venezuela, Mexico, and Argentina are among the top 20 countries globally with the highest cryptocurrency adoption rates. These Latin American nations join others like India, Nigeria, and the United States in leading the world in crypto usage and transfers.

Chainalysis’ global adoption index highlights the role of Bitcoin spot exchange-traded funds (ETFs) in driving BTC activity in North America and Western Europe. In contrast, stablecoins have had a more significant impact in regions such as Africa and Latin America.“Between Q4 2023 and Q1 2024, the total value of global crypto activity increased substantially, reaching higher levels than 2021 during the cryptocurrency bull market. This year, cryptocurrency activity increased in countries at all income levels, with a pullback in high-income countries from early 2024,” the report noted.Read more: Top 9 Crypto Friendly Countries For Digital Assets InvestorsGlobal Crypto Activity. Source: ChainalysisIn Latin America, Brazil, Venezuela, Mexico, and Argentina are leading the charge. The report also notes a significant increase in global cryptocurrency activity between Q4 2023 and Q1 2024, surpassing the levels seen during the 2021 bull market. Cryptocurrency usage grew across all income levels, although high-income countries saw a slight decline in early 2024.Fundación Blockchain Argentina to Offer Legal Support to Cryptocurrency Scam VictimsFundación Blockchain Argentina has launched a new initiative aimed at protecting cryptocurrency users by offering free legal advice to victims of scams. Led by Dr. Sabrina Scavone, the program aims to provide guidance to individuals who have fallen prey to cryptocurrency-related fraud. As investments in digital assets, such as Bitcoin, continue to rise, so too have incidents of scams, creating concern within the crypto community.The service focuses on offering specialized legal advice to those who have suffered financial losses from Ponzi schemes, fraudulent investments, or phishing attacks. The Foundation’s move follows a significant increase in such crimes, with reports indicating millions of dollars lost to hacks and scams. The service will provide victims with a thorough analysis of their legal options and clear steps for pursuing their cases.Guido Zatloukal, president of Fundación Blockchain Argentina, highlighted that this initiative reflects the organization’s commitment to the safety and well-being of the country’s crypto community.Read more: 15 Most Common Crypto Scams To Look Out ForSabrina Scavone also stressed the importance of creating a more secure and transparent cryptocurrency ecosystem, noting that legal tools can be crucial for those affected by such crimes. With the rise of fraud, Fundación Blockchain Argentina strengthens its role in promoting blockchain education and development, now extending its efforts to include legal support.Venezuelan Authorities Seize 35 Bitcoin Mining Machines Amid Regulatory UncertaintyOn September 6, 2024, Venezuelan authorities, led by the Bolivarian National Armed Forces (FANB) and the Public Prosecutor’s Office, seized 35 Bitcoin mining machines in the state of Guárico. The operation, sanctioned by the 3rd Control Court of San Juan de los Morros, also resulted in the confiscation of 30 extractors, several industrial fans, and two vehicles. The raid occurred due to the lack of necessary permits for operating the mining farm.In Venezuela, cryptocurrency mining is heavily regulated, requiring authorization from the National Superintendence of Cryptoassets (Sunacrip). However, since Sunacrip was suspended in 2023 amid a corruption scandal involving state oil company PDVSA, the crypto industry has been left without a clear regulatory framework.This regulatory void has created challenges for miners. Many argue that they lack the guidance to operate legally, resulting in interventions like the one in Guárico. High energy consumption from Bitcoin mining, particularly from ASIC machines, has been a key issue, exacerbating Venezuela’s ongoing energy crisis. Frequent blackouts have prompted the government to disconnect mining farms from the National Electric System (SEN), aiming to stabilize power for citizens.Read more: Crypto Regulation: What Are the Benefits

and Drawbacks?President Nicolás Maduro recently stated that cryptocurrencies would become a priority on his political agenda, but details on restoring Sunacrip or clarifying regulations remain vague. Until then, the uncertainty surrounding Bitcoin mining in Venezuela continues, with miners left exposed to legal action and sanctions. Similar crackdowns have been reported in Paraguay, where protecting the electricity grid is also cited as the primary reason for such interventions.As the Latam crypto scene grows, these stories highlight the region’s increasing influence in the global market. Stay tuned for more updates and insights in next week’s roundup.Google News TrustedDisclaimerIn adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.“BeInCrypto’s comprehensive Latam Crypto Roundup highlights the most important news and trends from Latin America. This week’s roundup covers Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the…”Source Link: https://beincrypto.com/beincrypto-com-latam-crypto-news-september-15/ https://thefintechtimes.com/wp-content/uploads/2023/01/crypto-1-960x640.jpg BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene. This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other … Read More

[boldcompanynews]

LATAM Crypto Roundup: Argentina Protects Scam Victims, Bancolombia’s Wenia Integrates Solana, and More - Information Today Online - BLOGGER https://www.merchant-business.com/latam-crypto-roundup-argentina-protects-scam-victims-bancolombias-wenia-integrates-solana-and-more/?feed_id=200236&_unique_id=66e6d47842537 BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene.This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other key stories.Bancolombia’s Wenia Expands with Solana and Arbitrum IntegrationBancolombia’s crypto platform, Wenia, has expanded its offerings by integrating the Solana and Arbitrum networks, allowing users to transfer Ethereum (ETH) via Arbitrum. This update aims to enhance user experience with lower transaction fees and faster processing times.The inclusion of Solana and Arbitrum positions Wenia as a competitive force in the region, particularly with Arbitrum’s scalability advantages over Ethereum. Wenia noted that this move aligns the platform with a global trend favoring more efficient blockchain networks.“We have an invitation you’re going to love! Arbitrum and Solana networks are now available on Wenia App, and our crypto specialist Rafael Santamaría will tell you everything in a takeover this Friday, September 13, on our Telegram channel. Don’t miss it!” the platform announced via its X account.Read more: Crypto vs. Banking: Which Is a Smarter Choice?Since its launch, Wenia has offered a variety of digital assets, including Bitcoin, Ethereum, USDC, MATIC, and the COPW stablecoin. The platform also allows users to view detailed reports on the reserves backing the COPW stablecoin through its Reserve Test feature.Earlier this year, Wenia introduced Chainlink’s Proof-of-Reserve (PoR) services to enhance transparency in its holdings.“On-chain Proof of Reserve data is a critical component for digital asset adoption and serves as a springboard toward increasing consumer confidence in the use of stablecoins and other tokenized assets. We chose Chainlink for its industry-leading platform,” said Pablo Arboleda, CEO of Wenia.Enegix Global Taps Natural Gas for New Crypto Mining Data Center in BrazilEnegix Global has announced plans to use isolated natural gas as the energy source for its upcoming cryptocurrency mining data center in Brazil. Set to launch this November, the facility will initially have a 25-megawatt (MW) capacity, with plans to expand to 80 MW.The isolated natural gas, found in areas with limited infrastructure, offers a cleaner energy alternative for mining operations, particularly in regions rich in gas reserves. This move aligns with Brazil’s growing reputation for both cryptocurrency adoption and renewable energy innovation.“In addition to being considered one of the largest cryptocurrency adoption markets in the world, Brazil has ideal conditions to attract the digital mining industry as well. With clean energy sources, such as isolated natural gas and hydroelectric power plants, the country favors the promotion of sustainability in the sector and at the same time presents favorable conditions for operating costs and electricity generation,” Enegix CEO Yerbolsyn Sarsenov stated.Read more: Is Crypto Mining Profitable in 2024?The project aims to support the mining of Bitcoin and altcoins while enhancing Enegix’s power management capabilities by over 30%.Latam Countries Rank Among Top 20 With Highest Crypto AdoptionAccording to the latest report from blockchain analytics firm Chainalysis, Brazil, Venezuela, Mexico, and Argentina are among the top 20 countries globally with the highest cryptocurrency adoption rates. These Latin American nations join others like India, Nigeria, and the United States in leading the world in crypto usage and transfers.

Chainalysis’ global adoption index highlights the role of Bitcoin spot exchange-traded funds (ETFs) in driving BTC activity in North America and Western Europe. In contrast, stablecoins have had a more significant impact in regions such as Africa and Latin America.“Between Q4 2023 and Q1 2024, the total value of global crypto activity increased substantially, reaching higher levels than 2021 during the cryptocurrency bull market. This year, cryptocurrency activity increased in countries at all income levels, with a pullback in high-income countries from early 2024,” the report noted.Read more: Top 9 Crypto Friendly Countries For Digital Assets InvestorsGlobal Crypto Activity. Source: ChainalysisIn Latin America, Brazil, Venezuela, Mexico, and Argentina are leading the charge. The report also notes a significant increase in global cryptocurrency activity between Q4 2023 and Q1 2024, surpassing the levels seen during the 2021 bull market. Cryptocurrency usage grew across all income levels, although high-income countries saw a slight decline in early 2024.Fundación Blockchain Argentina to Offer Legal Support to Cryptocurrency Scam VictimsFundación Blockchain Argentina has launched a new initiative aimed at protecting cryptocurrency users by offering free legal advice to victims of scams. Led by Dr. Sabrina Scavone, the program aims to provide guidance to individuals who have fallen prey to cryptocurrency-related fraud. As investments in digital assets, such as Bitcoin, continue to rise, so too have incidents of scams, creating concern within the crypto community.The service focuses on offering specialized legal advice to those who have suffered financial losses from Ponzi schemes, fraudulent investments, or phishing attacks. The Foundation’s move follows a significant increase in such crimes, with reports indicating millions of dollars lost to hacks and scams. The service will provide victims with a thorough analysis of their legal options and clear steps for pursuing their cases.Guido Zatloukal, president of Fundación Blockchain Argentina, highlighted that this initiative reflects the organization’s commitment to the safety and well-being of the country’s crypto community.Read more: 15 Most Common Crypto Scams To Look Out ForSabrina Scavone also stressed the importance of creating a more secure and transparent cryptocurrency ecosystem, noting that legal tools can be crucial for those affected by such crimes. With the rise of fraud, Fundación Blockchain Argentina strengthens its role in promoting blockchain education and development, now extending its efforts to include legal support.Venezuelan Authorities Seize 35 Bitcoin Mining Machines Amid Regulatory UncertaintyOn September 6, 2024, Venezuelan authorities, led by the Bolivarian National Armed Forces (FANB) and the Public Prosecutor’s Office, seized 35 Bitcoin mining machines in the state of Guárico. The operation, sanctioned by the 3rd Control Court of San Juan de los Morros, also resulted in the confiscation of 30 extractors, several industrial fans, and two vehicles. The raid occurred due to the lack of necessary permits for operating the mining farm.In Venezuela, cryptocurrency mining is heavily regulated, requiring authorization from the National Superintendence of Cryptoassets (Sunacrip). However, since Sunacrip was suspended in 2023 amid a corruption scandal involving state oil company PDVSA, the crypto industry has been left without a clear regulatory framework.This regulatory void has created challenges for miners. Many argue that they lack the guidance to operate legally, resulting in interventions like the one in Guárico. High energy consumption from Bitcoin mining, particularly from ASIC machines, has been a key issue, exacerbating Venezuela’s ongoing energy crisis. Frequent blackouts have prompted the government to disconnect mining farms from the National Electric System (SEN), aiming to stabilize power for citizens.Read more: Crypto Regulation: What Are the Benefits

and Drawbacks?President Nicolás Maduro recently stated that cryptocurrencies would become a priority on his political agenda, but details on restoring Sunacrip or clarifying regulations remain vague. Until then, the uncertainty surrounding Bitcoin mining in Venezuela continues, with miners left exposed to legal action and sanctions. Similar crackdowns have been reported in Paraguay, where protecting the electricity grid is also cited as the primary reason for such interventions.As the Latam crypto scene grows, these stories highlight the region’s increasing influence in the global market. Stay tuned for more updates and insights in next week’s roundup.Google News TrustedDisclaimerIn adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.“BeInCrypto’s comprehensive Latam Crypto Roundup highlights the most important news and trends from Latin America. This week’s roundup covers Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the…”Source Link: https://beincrypto.com/beincrypto-com-latam-crypto-news-september-15/ https://thefintechtimes.com/wp-content/uploads/2023/01/crypto-1-960x640.jpg #GLOBAL - BLOGGER BeInCrypto comprehensive Latam Cryp... BLOGGER - #GLOBAL

[technologycompanynews]

LATAM Crypto Roundup: Argentina Protects Scam Victims, Bancolombia’s Wenia Integrates Solana, and More - Information Today Online - BLOGGER https://www.merchant-business.com/latam-crypto-roundup-argentina-protects-scam-victims-bancolombias-wenia-integrates-solana-and-more/?feed_id=200235&_unique_id=66e6d4777eddb BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene.This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other key stories.Bancolombia’s Wenia Expands with Solana and Arbitrum IntegrationBancolombia’s crypto platform, Wenia, has expanded its offerings by integrating the Solana and Arbitrum networks, allowing users to transfer Ethereum (ETH) via Arbitrum. This update aims to enhance user experience with lower transaction fees and faster processing times.The inclusion of Solana and Arbitrum positions Wenia as a competitive force in the region, particularly with Arbitrum’s scalability advantages over Ethereum. Wenia noted that this move aligns the platform with a global trend favoring more efficient blockchain networks.“We have an invitation you’re going to love! Arbitrum and Solana networks are now available on Wenia App, and our crypto specialist Rafael Santamaría will tell you everything in a takeover this Friday, September 13, on our Telegram channel. Don’t miss it!” the platform announced via its X account.Read more: Crypto vs. Banking: Which Is a Smarter Choice?Since its launch, Wenia has offered a variety of digital assets, including Bitcoin, Ethereum, USDC, MATIC, and the COPW stablecoin. The platform also allows users to view detailed reports on the reserves backing the COPW stablecoin through its Reserve Test feature.Earlier this year, Wenia introduced Chainlink’s Proof-of-Reserve (PoR) services to enhance transparency in its holdings.“On-chain Proof of Reserve data is a critical component for digital asset adoption and serves as a springboard toward increasing consumer confidence in the use of stablecoins and other tokenized assets. We chose Chainlink for its industry-leading platform,” said Pablo Arboleda, CEO of Wenia.Enegix Global Taps Natural Gas for New Crypto Mining Data Center in BrazilEnegix Global has announced plans to use isolated natural gas as the energy source for its upcoming cryptocurrency mining data center in Brazil. Set to launch this November, the facility will initially have a 25-megawatt (MW) capacity, with plans to expand to 80 MW.The isolated natural gas, found in areas with limited infrastructure, offers a cleaner energy alternative for mining operations, particularly in regions rich in gas reserves. This move aligns with Brazil’s growing reputation for both cryptocurrency adoption and renewable energy innovation.“In addition to being considered one of the largest cryptocurrency adoption markets in the world, Brazil has ideal conditions to attract the digital mining industry as well. With clean energy sources, such as isolated natural gas and hydroelectric power plants, the country favors the promotion of sustainability in the sector and at the same time presents favorable conditions for operating costs and electricity generation,” Enegix CEO Yerbolsyn Sarsenov stated.Read more: Is Crypto Mining Profitable in 2024?The project aims to support the mining of Bitcoin and altcoins while enhancing Enegix’s power management capabilities by over 30%.Latam Countries Rank Among Top 20 With Highest Crypto AdoptionAccording to the latest report from blockchain analytics firm Chainalysis, Brazil, Venezuela, Mexico, and Argentina are among the top 20 countries globally with the highest cryptocurrency adoption rates. These Latin American nations join others like India, Nigeria, and the United States in leading the world in crypto usage and transfers.

Chainalysis’ global adoption index highlights the role of Bitcoin spot exchange-traded funds (ETFs) in driving BTC activity in North America and Western Europe. In contrast, stablecoins have had a more significant impact in regions such as Africa and Latin America.“Between Q4 2023 and Q1 2024, the total value of global crypto activity increased substantially, reaching higher levels than 2021 during the cryptocurrency bull market. This year, cryptocurrency activity increased in countries at all income levels, with a pullback in high-income countries from early 2024,” the report noted.Read more: Top 9 Crypto Friendly Countries For Digital Assets InvestorsGlobal Crypto Activity. Source: ChainalysisIn Latin America, Brazil, Venezuela, Mexico, and Argentina are leading the charge. The report also notes a significant increase in global cryptocurrency activity between Q4 2023 and Q1 2024, surpassing the levels seen during the 2021 bull market. Cryptocurrency usage grew across all income levels, although high-income countries saw a slight decline in early 2024.Fundación Blockchain Argentina to Offer Legal Support to Cryptocurrency Scam VictimsFundación Blockchain Argentina has launched a new initiative aimed at protecting cryptocurrency users by offering free legal advice to victims of scams. Led by Dr. Sabrina Scavone, the program aims to provide guidance to individuals who have fallen prey to cryptocurrency-related fraud. As investments in digital assets, such as Bitcoin, continue to rise, so too have incidents of scams, creating concern within the crypto community.The service focuses on offering specialized legal advice to those who have suffered financial losses from Ponzi schemes, fraudulent investments, or phishing attacks. The Foundation’s move follows a significant increase in such crimes, with reports indicating millions of dollars lost to hacks and scams. The service will provide victims with a thorough analysis of their legal options and clear steps for pursuing their cases.Guido Zatloukal, president of Fundación Blockchain Argentina, highlighted that this initiative reflects the organization’s commitment to the safety and well-being of the country’s crypto community.Read more: 15 Most Common Crypto Scams To Look Out ForSabrina Scavone also stressed the importance of creating a more secure and transparent cryptocurrency ecosystem, noting that legal tools can be crucial for those affected by such crimes. With the rise of fraud, Fundación Blockchain Argentina strengthens its role in promoting blockchain education and development, now extending its efforts to include legal support.Venezuelan Authorities Seize 35 Bitcoin Mining Machines Amid Regulatory UncertaintyOn September 6, 2024, Venezuelan authorities, led by the Bolivarian National Armed Forces (FANB) and the Public Prosecutor’s Office, seized 35 Bitcoin mining machines in the state of Guárico. The operation, sanctioned by the 3rd Control Court of San Juan de los Morros, also resulted in the confiscation of 30 extractors, several industrial fans, and two vehicles. The raid occurred due to the lack of necessary permits for operating the mining farm.In Venezuela, cryptocurrency mining is heavily regulated, requiring authorization from the National Superintendence of Cryptoassets (Sunacrip). However, since Sunacrip was suspended in 2023 amid a corruption scandal involving state oil company PDVSA, the crypto industry has been left without a clear regulatory framework.This regulatory void has created challenges for miners. Many argue that they lack the guidance to operate legally, resulting in interventions like the one in Guárico. High energy consumption from Bitcoin mining, particularly from ASIC machines, has been a key issue, exacerbating Venezuela’s ongoing energy crisis. Frequent blackouts have prompted the government to disconnect mining farms from the National Electric System (SEN), aiming to stabilize power for citizens.Read more: Crypto Regulation: What Are the Benefits

and Drawbacks?President Nicolás Maduro recently stated that cryptocurrencies would become a priority on his political agenda, but details on restoring Sunacrip or clarifying regulations remain vague. Until then, the uncertainty surrounding Bitcoin mining in Venezuela continues, with miners left exposed to legal action and sanctions. Similar crackdowns have been reported in Paraguay, where protecting the electricity grid is also cited as the primary reason for such interventions.As the Latam crypto scene grows, these stories highlight the region’s increasing influence in the global market. Stay tuned for more updates and insights in next week’s roundup.Google News TrustedDisclaimerIn adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.“BeInCrypto’s comprehensive Latam Crypto Roundup highlights the most important news and trends from Latin America. This week’s roundup covers Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the…”Source Link: https://beincrypto.com/beincrypto-com-latam-crypto-news-september-15/ https://thefintechtimes.com/wp-content/uploads/2023/01/crypto-1-960x640.jpg BLOGGER - #GLOBAL BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene. This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other … Read More

[onlinecompanynews]

LATAM Crypto Roundup: Argentina Protects Scam Victims, Bancolombia’s Wenia Integrates Solana, and More - Information Today Online https://www.merchant-business.com/latam-crypto-roundup-argentina-protects-scam-victims-bancolombias-wenia-integrates-solana-and-more/?feed_id=200234&_unique_id=66e6d359b3917 BeInCrypto comprehensive Latam Cryp... BLOGGER - #GLOBAL BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene.This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other key stories.Bancolombia’s Wenia Expands with Solana and Arbitrum IntegrationBancolombia’s crypto platform, Wenia, has expanded its offerings by integrating the Solana and Arbitrum networks, allowing users to transfer Ethereum (ETH) via Arbitrum. This update aims to enhance user experience with lower transaction fees and faster processing times.The inclusion of Solana and Arbitrum positions Wenia as a competitive force in the region, particularly with Arbitrum’s scalability advantages over Ethereum. Wenia noted that this move aligns the platform with a global trend favoring more efficient blockchain networks.“We have an invitation you’re going to love! Arbitrum and Solana networks are now available on Wenia App, and our crypto specialist Rafael Santamaría will tell you everything in a takeover this Friday, September 13, on our Telegram channel. Don’t miss it!” the platform announced via its X account.Read more: Crypto vs. Banking: Which Is a Smarter Choice?Since its launch, Wenia has offered a variety of digital assets, including Bitcoin, Ethereum, USDC, MATIC, and the COPW stablecoin. The platform also allows users to view detailed reports on the reserves backing the COPW stablecoin through its Reserve Test feature.Earlier this year, Wenia introduced Chainlink’s Proof-of-Reserve (PoR) services to enhance transparency in its holdings.“On-chain Proof of Reserve data is a critical component for digital asset adoption and serves as a springboard toward increasing consumer confidence in the use of stablecoins and other tokenized assets. We chose Chainlink for its industry-leading platform,” said Pablo Arboleda, CEO of Wenia.Enegix Global Taps Natural Gas for New Crypto Mining Data Center in BrazilEnegix Global has announced plans to use isolated natural gas as the energy source for its upcoming cryptocurrency mining data center in Brazil. Set to launch this November, the facility will initially have a 25-megawatt (MW) capacity, with plans to expand to 80 MW.The isolated natural gas, found in areas with limited infrastructure, offers a cleaner energy alternative for mining operations, particularly in regions rich in gas reserves. This move aligns with Brazil’s growing reputation for both cryptocurrency adoption and renewable energy innovation.“In addition to being considered one of the largest cryptocurrency adoption markets in the world, Brazil has ideal conditions to attract the digital mining industry as well. With clean energy sources, such as isolated natural gas and hydroelectric power plants, the country favors the promotion of sustainability in the sector and at the same time presents favorable conditions for operating costs and electricity generation,” Enegix CEO Yerbolsyn Sarsenov stated.Read more: Is Crypto Mining Profitable in 2024?The project aims to support the mining of Bitcoin and altcoins while enhancing Enegix’s power management capabilities by over 30%.Latam Countries Rank Among Top 20 With Highest Crypto AdoptionAccording to the latest report from blockchain analytics firm Chainalysis, Brazil, Venezuela, Mexico, and Argentina are among the top 20 countries globally with the highest cryptocurrency adoption rates. These Latin American nations join others like India, Nigeria, and the United States in leading the world in crypto usage and transfers.

Chainalysis’ global adoption index highlights the role of Bitcoin spot exchange-traded funds (ETFs) in driving BTC activity in North America and Western Europe. In contrast, stablecoins have had a more significant impact in regions such as Africa and Latin America.“Between Q4 2023 and Q1 2024, the total value of global crypto activity increased substantially, reaching higher levels than 2021 during the cryptocurrency bull market. This year, cryptocurrency activity increased in countries at all income levels, with a pullback in high-income countries from early 2024,” the report noted.Read more: Top 9 Crypto Friendly Countries For Digital Assets InvestorsGlobal Crypto Activity. Source: ChainalysisIn Latin America, Brazil, Venezuela, Mexico, and Argentina are leading the charge. The report also notes a significant increase in global cryptocurrency activity between Q4 2023 and Q1 2024, surpassing the levels seen during the 2021 bull market. Cryptocurrency usage grew across all income levels, although high-income countries saw a slight decline in early 2024.Fundación Blockchain Argentina to Offer Legal Support to Cryptocurrency Scam VictimsFundación Blockchain Argentina has launched a new initiative aimed at protecting cryptocurrency users by offering free legal advice to victims of scams. Led by Dr. Sabrina Scavone, the program aims to provide guidance to individuals who have fallen prey to cryptocurrency-related fraud. As investments in digital assets, such as Bitcoin, continue to rise, so too have incidents of scams, creating concern within the crypto community.The service focuses on offering specialized legal advice to those who have suffered financial losses from Ponzi schemes, fraudulent investments, or phishing attacks. The Foundation’s move follows a significant increase in such crimes, with reports indicating millions of dollars lost to hacks and scams. The service will provide victims with a thorough analysis of their legal options and clear steps for pursuing their cases.Guido Zatloukal, president of Fundación Blockchain Argentina, highlighted that this initiative reflects the organization’s commitment to the safety and well-being of the country’s crypto community.Read more: 15 Most Common Crypto Scams To Look Out ForSabrina Scavone also stressed the importance of creating a more secure and transparent cryptocurrency ecosystem, noting that legal tools can be crucial for those affected by such crimes. With the rise of fraud, Fundación Blockchain Argentina strengthens its role in promoting blockchain education and development, now extending its efforts to include legal support.Venezuelan Authorities Seize 35 Bitcoin Mining Machines Amid Regulatory UncertaintyOn September 6, 2024, Venezuelan authorities, led by the Bolivarian National Armed Forces (FANB) and the Public Prosecutor’s Office, seized 35 Bitcoin mining machines in the state of Guárico. The operation, sanctioned by the 3rd Control Court of San Juan de los Morros, also resulted in the confiscation of 30 extractors, several industrial fans, and two vehicles. The raid occurred due to the lack of necessary permits for operating the mining farm.In Venezuela, cryptocurrency mining is heavily regulated, requiring authorization from the National Superintendence of Cryptoassets (Sunacrip). However, since Sunacrip was suspended in 2023 amid a corruption scandal involving state oil company PDVSA, the crypto industry has been left without a clear regulatory framework.This regulatory void has created challenges for miners. Many argue that they lack the guidance to operate legally, resulting in interventions like the one in Guárico. High energy consumption from Bitcoin mining, particularly from ASIC machines, has been a key issue, exacerbating Venezuela’s ongoing energy crisis. Frequent blackouts have prompted the government to disconnect mining farms from the National Electric System (SEN), aiming to stabilize power for citizens.Read more: Crypto Regulation: What Are the Benefits

and Drawbacks?President Nicolás Maduro recently stated that cryptocurrencies would become a priority on his political agenda, but details on restoring Sunacrip or clarifying regulations remain vague. Until then, the uncertainty surrounding Bitcoin mining in Venezuela continues, with miners left exposed to legal action and sanctions. Similar crackdowns have been reported in Paraguay, where protecting the electricity grid is also cited as the primary reason for such interventions.As the Latam crypto scene grows, these stories highlight the region’s increasing influence in the global market. Stay tuned for more updates and insights in next week’s roundup.Google News TrustedDisclaimerIn adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.“BeInCrypto’s comprehensive Latam Crypto Roundup highlights the most important news and trends from Latin America. This week’s roundup covers Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the…”Source Link: https://beincrypto.com/beincrypto-com-latam-crypto-news-september-15/ https://thefintechtimes.com/wp-content/uploads/2023/01/crypto-1-960x640.jpg #GLOBAL - BLOGGER BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene. This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other … Read More

[internetcompanynews]

LATAM Crypto Roundup: Argentina Protects Scam Victims, Bancolombia’s Wenia Integrates Solana, and More - Information Today Online - BLOGGER https://www.merchant-business.com/latam-crypto-roundup-argentina-protects-scam-victims-bancolombias-wenia-integrates-solana-and-more/?feed_id=200233&_unique_id=66e6d35923c9a BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene.This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other key stories.Bancolombia’s Wenia Expands with Solana and Arbitrum IntegrationBancolombia’s crypto platform, Wenia, has expanded its offerings by integrating the Solana and Arbitrum networks, allowing users to transfer Ethereum (ETH) via Arbitrum. This update aims to enhance user experience with lower transaction fees and faster processing times.The inclusion of Solana and Arbitrum positions Wenia as a competitive force in the region, particularly with Arbitrum’s scalability advantages over Ethereum. Wenia noted that this move aligns the platform with a global trend favoring more efficient blockchain networks.“We have an invitation you’re going to love! Arbitrum and Solana networks are now available on Wenia App, and our crypto specialist Rafael Santamaría will tell you everything in a takeover this Friday, September 13, on our Telegram channel. Don’t miss it!” the platform announced via its X account.Read more: Crypto vs. Banking: Which Is a Smarter Choice?Since its launch, Wenia has offered a variety of digital assets, including Bitcoin, Ethereum, USDC, MATIC, and the COPW stablecoin. The platform also allows users to view detailed reports on the reserves backing the COPW stablecoin through its Reserve Test feature.Earlier this year, Wenia introduced Chainlink’s Proof-of-Reserve (PoR) services to enhance transparency in its holdings.“On-chain Proof of Reserve data is a critical component for digital asset adoption and serves as a springboard toward increasing consumer confidence in the use of stablecoins and other tokenized assets. We chose Chainlink for its industry-leading platform,” said Pablo Arboleda, CEO of Wenia.Enegix Global Taps Natural Gas for New Crypto Mining Data Center in BrazilEnegix Global has announced plans to use isolated natural gas as the energy source for its upcoming cryptocurrency mining data center in Brazil. Set to launch this November, the facility will initially have a 25-megawatt (MW) capacity, with plans to expand to 80 MW.The isolated natural gas, found in areas with limited infrastructure, offers a cleaner energy alternative for mining operations, particularly in regions rich in gas reserves. This move aligns with Brazil’s growing reputation for both cryptocurrency adoption and renewable energy innovation.“In addition to being considered one of the largest cryptocurrency adoption markets in the world, Brazil has ideal conditions to attract the digital mining industry as well. With clean energy sources, such as isolated natural gas and hydroelectric power plants, the country favors the promotion of sustainability in the sector and at the same time presents favorable conditions for operating costs and electricity generation,” Enegix CEO Yerbolsyn Sarsenov stated.Read more: Is Crypto Mining Profitable in 2024?The project aims to support the mining of Bitcoin and altcoins while enhancing Enegix’s power management capabilities by over 30%.Latam Countries Rank Among Top 20 With Highest Crypto AdoptionAccording to the latest report from blockchain analytics firm Chainalysis, Brazil, Venezuela, Mexico, and Argentina are among the top 20 countries globally with the highest cryptocurrency adoption rates. These Latin American nations join others like India, Nigeria, and the United States in leading the world in crypto usage and transfers.

Chainalysis’ global adoption index highlights the role of Bitcoin spot exchange-traded funds (ETFs) in driving BTC activity in North America and Western Europe. In contrast, stablecoins have had a more significant impact in regions such as Africa and Latin America.“Between Q4 2023 and Q1 2024, the total value of global crypto activity increased substantially, reaching higher levels than 2021 during the cryptocurrency bull market. This year, cryptocurrency activity increased in countries at all income levels, with a pullback in high-income countries from early 2024,” the report noted.Read more: Top 9 Crypto Friendly Countries For Digital Assets InvestorsGlobal Crypto Activity. Source: ChainalysisIn Latin America, Brazil, Venezuela, Mexico, and Argentina are leading the charge. The report also notes a significant increase in global cryptocurrency activity between Q4 2023 and Q1 2024, surpassing the levels seen during the 2021 bull market. Cryptocurrency usage grew across all income levels, although high-income countries saw a slight decline in early 2024.Fundación Blockchain Argentina to Offer Legal Support to Cryptocurrency Scam VictimsFundación Blockchain Argentina has launched a new initiative aimed at protecting cryptocurrency users by offering free legal advice to victims of scams. Led by Dr. Sabrina Scavone, the program aims to provide guidance to individuals who have fallen prey to cryptocurrency-related fraud. As investments in digital assets, such as Bitcoin, continue to rise, so too have incidents of scams, creating concern within the crypto community.The service focuses on offering specialized legal advice to those who have suffered financial losses from Ponzi schemes, fraudulent investments, or phishing attacks. The Foundation’s move follows a significant increase in such crimes, with reports indicating millions of dollars lost to hacks and scams. The service will provide victims with a thorough analysis of their legal options and clear steps for pursuing their cases.Guido Zatloukal, president of Fundación Blockchain Argentina, highlighted that this initiative reflects the organization’s commitment to the safety and well-being of the country’s crypto community.Read more: 15 Most Common Crypto Scams To Look Out ForSabrina Scavone also stressed the importance of creating a more secure and transparent cryptocurrency ecosystem, noting that legal tools can be crucial for those affected by such crimes. With the rise of fraud, Fundación Blockchain Argentina strengthens its role in promoting blockchain education and development, now extending its efforts to include legal support.Venezuelan Authorities Seize 35 Bitcoin Mining Machines Amid Regulatory UncertaintyOn September 6, 2024, Venezuelan authorities, led by the Bolivarian National Armed Forces (FANB) and the Public Prosecutor’s Office, seized 35 Bitcoin mining machines in the state of Guárico. The operation, sanctioned by the 3rd Control Court of San Juan de los Morros, also resulted in the confiscation of 30 extractors, several industrial fans, and two vehicles. The raid occurred due to the lack of necessary permits for operating the mining farm.In Venezuela, cryptocurrency mining is heavily regulated, requiring authorization from the National Superintendence of Cryptoassets (Sunacrip). However, since Sunacrip was suspended in 2023 amid a corruption scandal involving state oil company PDVSA, the crypto industry has been left without a clear regulatory framework.This regulatory void has created challenges for miners. Many argue that they lack the guidance to operate legally, resulting in interventions like the one in Guárico. High energy consumption from Bitcoin mining, particularly from ASIC machines, has been a key issue, exacerbating Venezuela’s ongoing energy crisis. Frequent blackouts have prompted the government to disconnect mining farms from the National Electric System (SEN), aiming to stabilize power for citizens.Read more: Crypto Regulation: What Are the Benefits

and Drawbacks?President Nicolás Maduro recently stated that cryptocurrencies would become a priority on his political agenda, but details on restoring Sunacrip or clarifying regulations remain vague. Until then, the uncertainty surrounding Bitcoin mining in Venezuela continues, with miners left exposed to legal action and sanctions. Similar crackdowns have been reported in Paraguay, where protecting the electricity grid is also cited as the primary reason for such interventions.As the Latam crypto scene grows, these stories highlight the region’s increasing influence in the global market. Stay tuned for more updates and insights in next week’s roundup.Google News TrustedDisclaimerIn adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.“BeInCrypto’s comprehensive Latam Crypto Roundup highlights the most important news and trends from Latin America. This week’s roundup covers Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the…”Source Link: https://beincrypto.com/beincrypto-com-latam-crypto-news-september-15/ https://thefintechtimes.com/wp-content/uploads/2023/01/crypto-1-960x640.jpg LATAM Crypto Roundup: Argentina Protects Scam Victims, Bancolombia’s Wenia Integrates Solana, and More - Information Today Online - #GLOBAL BLOGGER - #GLOBAL

[carterashofficial]

Dalix is my impside tank for raiding. he has gotten whipped by a lot of bosses but he has killed God (Izak). just in case y'all didnt know. Wenia is like... wholesome squared

[formidablecompanynews]

LATAM Crypto Roundup: Argentina Protects Scam Victims, Bancolombia’s Wenia Integrates Solana, and More - Information Today Online https://www.merchant-business.com/latam-crypto-roundup-argentina-protects-scam-victims-bancolombias-wenia-integrates-solana-and-more/?feed_id=200232&_unique_id=66e6d35889d57 #GLOBAL - BLOGGER BLOGGER BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene.This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other key stories.Bancolombia’s Wenia Expands with Solana and Arbitrum IntegrationBancolombia’s crypto platform, Wenia, has expanded its offerings by integrating the Solana and Arbitrum networks, allowing users to transfer Ethereum (ETH) via Arbitrum. This update aims to enhance user experience with lower transaction fees and faster processing times.The inclusion of Solana and Arbitrum positions Wenia as a competitive force in the region, particularly with Arbitrum’s scalability advantages over Ethereum. Wenia noted that this move aligns the platform with a global trend favoring more efficient blockchain networks.“We have an invitation you’re going to love! Arbitrum and Solana networks are now available on Wenia App, and our crypto specialist Rafael Santamaría will tell you everything in a takeover this Friday, September 13, on our Telegram channel. Don’t miss it!” the platform announced via its X account.Read more: Crypto vs. Banking: Which Is a Smarter Choice?Since its launch, Wenia has offered a variety of digital assets, including Bitcoin, Ethereum, USDC, MATIC, and the COPW stablecoin. The platform also allows users to view detailed reports on the reserves backing the COPW stablecoin through its Reserve Test feature.Earlier this year, Wenia introduced Chainlink’s Proof-of-Reserve (PoR) services to enhance transparency in its holdings.“On-chain Proof of Reserve data is a critical component for digital asset adoption and serves as a springboard toward increasing consumer confidence in the use of stablecoins and other tokenized assets. We chose Chainlink for its industry-leading platform,” said Pablo Arboleda, CEO of Wenia.Enegix Global Taps Natural Gas for New Crypto Mining Data Center in BrazilEnegix Global has announced plans to use isolated natural gas as the energy source for its upcoming cryptocurrency mining data center in Brazil. Set to launch this November, the facility will initially have a 25-megawatt (MW) capacity, with plans to expand to 80 MW.The isolated natural gas, found in areas with limited infrastructure, offers a cleaner energy alternative for mining operations, particularly in regions rich in gas reserves. This move aligns with Brazil’s growing reputation for both cryptocurrency adoption and renewable energy innovation.“In addition to being considered one of the largest cryptocurrency adoption markets in the world, Brazil has ideal conditions to attract the digital mining industry as well. With clean energy sources, such as isolated natural gas and hydroelectric power plants, the country favors the promotion of sustainability in the sector and at the same time presents favorable conditions for operating costs and electricity generation,” Enegix CEO Yerbolsyn Sarsenov stated.Read more: Is Crypto Mining Profitable in 2024?The project aims to support the mining of Bitcoin and altcoins while enhancing Enegix’s power management capabilities by over 30%.Latam Countries Rank Among Top 20 With Highest Crypto AdoptionAccording to the latest report from blockchain analytics firm Chainalysis, Brazil, Venezuela, Mexico, and Argentina are among the top 20 countries globally with the highest cryptocurrency adoption rates. These Latin American nations join others like India, Nigeria, and the United States in leading the world in crypto usage and transfers.

Chainalysis’ global adoption index highlights the role of Bitcoin spot exchange-traded funds (ETFs) in driving BTC activity in North America and Western Europe. In contrast, stablecoins have had a more significant impact in regions such as Africa and Latin America.“Between Q4 2023 and Q1 2024, the total value of global crypto activity increased substantially, reaching higher levels than 2021 during the cryptocurrency bull market. This year, cryptocurrency activity increased in countries at all income levels, with a pullback in high-income countries from early 2024,” the report noted.Read more: Top 9 Crypto Friendly Countries For Digital Assets InvestorsGlobal Crypto Activity. Source: ChainalysisIn Latin America, Brazil, Venezuela, Mexico, and Argentina are leading the charge. The report also notes a significant increase in global cryptocurrency activity between Q4 2023 and Q1 2024, surpassing the levels seen during the 2021 bull market. Cryptocurrency usage grew across all income levels, although high-income countries saw a slight decline in early 2024.Fundación Blockchain Argentina to Offer Legal Support to Cryptocurrency Scam VictimsFundación Blockchain Argentina has launched a new initiative aimed at protecting cryptocurrency users by offering free legal advice to victims of scams. Led by Dr. Sabrina Scavone, the program aims to provide guidance to individuals who have fallen prey to cryptocurrency-related fraud. As investments in digital assets, such as Bitcoin, continue to rise, so too have incidents of scams, creating concern within the crypto community.The service focuses on offering specialized legal advice to those who have suffered financial losses from Ponzi schemes, fraudulent investments, or phishing attacks. The Foundation’s move follows a significant increase in such crimes, with reports indicating millions of dollars lost to hacks and scams. The service will provide victims with a thorough analysis of their legal options and clear steps for pursuing their cases.Guido Zatloukal, president of Fundación Blockchain Argentina, highlighted that this initiative reflects the organization’s commitment to the safety and well-being of the country’s crypto community.Read more: 15 Most Common Crypto Scams To Look Out ForSabrina Scavone also stressed the importance of creating a more secure and transparent cryptocurrency ecosystem, noting that legal tools can be crucial for those affected by such crimes. With the rise of fraud, Fundación Blockchain Argentina strengthens its role in promoting blockchain education and development, now extending its efforts to include legal support.Venezuelan Authorities Seize 35 Bitcoin Mining Machines Amid Regulatory UncertaintyOn September 6, 2024, Venezuelan authorities, led by the Bolivarian National Armed Forces (FANB) and the Public Prosecutor’s Office, seized 35 Bitcoin mining machines in the state of Guárico. The operation, sanctioned by the 3rd Control Court of San Juan de los Morros, also resulted in the confiscation of 30 extractors, several industrial fans, and two vehicles. The raid occurred due to the lack of necessary permits for operating the mining farm.In Venezuela, cryptocurrency mining is heavily regulated, requiring authorization from the National Superintendence of Cryptoassets (Sunacrip). However, since Sunacrip was suspended in 2023 amid a corruption scandal involving state oil company PDVSA, the crypto industry has been left without a clear regulatory framework.This regulatory void has created challenges for miners. Many argue that they lack the guidance to operate legally, resulting in interventions like the one in Guárico. High energy consumption from Bitcoin mining, particularly from ASIC machines, has been a key issue, exacerbating Venezuela’s ongoing energy crisis. Frequent blackouts have prompted the government to disconnect mining farms from the National Electric System (SEN), aiming to stabilize power for citizens.Read more: Crypto Regulation: What Are the Benefits

and Drawbacks?President Nicolás Maduro recently stated that cryptocurrencies would become a priority on his political agenda, but details on restoring Sunacrip or clarifying regulations remain vague. Until then, the uncertainty surrounding Bitcoin mining in Venezuela continues, with miners left exposed to legal action and sanctions. Similar crackdowns have been reported in Paraguay, where protecting the electricity grid is also cited as the primary reason for such interventions.As the Latam crypto scene grows, these stories highlight the region’s increasing influence in the global market. Stay tuned for more updates and insights in next week’s roundup.Google News TrustedDisclaimerIn adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.“BeInCrypto’s comprehensive Latam Crypto Roundup highlights the most important news and trends from Latin America. This week’s roundup covers Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the…”Source Link: https://beincrypto.com/beincrypto-com-latam-crypto-news-september-15/ https://thefintechtimes.com/wp-content/uploads/2023/01/crypto-1-960x640.jpg BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene. This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other … Read More

[smartcompanynewsweb]

LATAM Crypto Roundup: Argentina Protects Scam Victims, Bancolombia’s Wenia Integrates Solana, and More - Information Today Online - #GLOBAL https://www.merchant-business.com/latam-crypto-roundup-argentina-protects-scam-victims-bancolombias-wenia-integrates-solana-and-more/?feed_id=200231&_unique_id=66e6d357e54a3 BeInCrypto comprehensive Latam Crypto Roundup brings Latin America’s most important news and trends. With reporters in Brazil, Mexico, Argentina, and more, we cover the latest updates and insights from the region’s crypto scene.This week’s roundup highlights Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the Solana and Arbitrum networks, along with other key stories.Bancolombia’s Wenia Expands with Solana and Arbitrum IntegrationBancolombia’s crypto platform, Wenia, has expanded its offerings by integrating the Solana and Arbitrum networks, allowing users to transfer Ethereum (ETH) via Arbitrum. This update aims to enhance user experience with lower transaction fees and faster processing times.The inclusion of Solana and Arbitrum positions Wenia as a competitive force in the region, particularly with Arbitrum’s scalability advantages over Ethereum. Wenia noted that this move aligns the platform with a global trend favoring more efficient blockchain networks.“We have an invitation you’re going to love! Arbitrum and Solana networks are now available on Wenia App, and our crypto specialist Rafael Santamaría will tell you everything in a takeover this Friday, September 13, on our Telegram channel. Don’t miss it!” the platform announced via its X account.Read more: Crypto vs. Banking: Which Is a Smarter Choice?Since its launch, Wenia has offered a variety of digital assets, including Bitcoin, Ethereum, USDC, MATIC, and the COPW stablecoin. The platform also allows users to view detailed reports on the reserves backing the COPW stablecoin through its Reserve Test feature.Earlier this year, Wenia introduced Chainlink’s Proof-of-Reserve (PoR) services to enhance transparency in its holdings.“On-chain Proof of Reserve data is a critical component for digital asset adoption and serves as a springboard toward increasing consumer confidence in the use of stablecoins and other tokenized assets. We chose Chainlink for its industry-leading platform,” said Pablo Arboleda, CEO of Wenia.Enegix Global Taps Natural Gas for New Crypto Mining Data Center in BrazilEnegix Global has announced plans to use isolated natural gas as the energy source for its upcoming cryptocurrency mining data center in Brazil. Set to launch this November, the facility will initially have a 25-megawatt (MW) capacity, with plans to expand to 80 MW.The isolated natural gas, found in areas with limited infrastructure, offers a cleaner energy alternative for mining operations, particularly in regions rich in gas reserves. This move aligns with Brazil’s growing reputation for both cryptocurrency adoption and renewable energy innovation.“In addition to being considered one of the largest cryptocurrency adoption markets in the world, Brazil has ideal conditions to attract the digital mining industry as well. With clean energy sources, such as isolated natural gas and hydroelectric power plants, the country favors the promotion of sustainability in the sector and at the same time presents favorable conditions for operating costs and electricity generation,” Enegix CEO Yerbolsyn Sarsenov stated.Read more: Is Crypto Mining Profitable in 2024?The project aims to support the mining of Bitcoin and altcoins while enhancing Enegix’s power management capabilities by over 30%.Latam Countries Rank Among Top 20 With Highest Crypto AdoptionAccording to the latest report from blockchain analytics firm Chainalysis, Brazil, Venezuela, Mexico, and Argentina are among the top 20 countries globally with the highest cryptocurrency adoption rates. These Latin American nations join others like India, Nigeria, and the United States in leading the world in crypto usage and transfers.

Chainalysis’ global adoption index highlights the role of Bitcoin spot exchange-traded funds (ETFs) in driving BTC activity in North America and Western Europe. In contrast, stablecoins have had a more significant impact in regions such as Africa and Latin America.“Between Q4 2023 and Q1 2024, the total value of global crypto activity increased substantially, reaching higher levels than 2021 during the cryptocurrency bull market. This year, cryptocurrency activity increased in countries at all income levels, with a pullback in high-income countries from early 2024,” the report noted.Read more: Top 9 Crypto Friendly Countries For Digital Assets InvestorsGlobal Crypto Activity. Source: ChainalysisIn Latin America, Brazil, Venezuela, Mexico, and Argentina are leading the charge. The report also notes a significant increase in global cryptocurrency activity between Q4 2023 and Q1 2024, surpassing the levels seen during the 2021 bull market. Cryptocurrency usage grew across all income levels, although high-income countries saw a slight decline in early 2024.Fundación Blockchain Argentina to Offer Legal Support to Cryptocurrency Scam VictimsFundación Blockchain Argentina has launched a new initiative aimed at protecting cryptocurrency users by offering free legal advice to victims of scams. Led by Dr. Sabrina Scavone, the program aims to provide guidance to individuals who have fallen prey to cryptocurrency-related fraud. As investments in digital assets, such as Bitcoin, continue to rise, so too have incidents of scams, creating concern within the crypto community.The service focuses on offering specialized legal advice to those who have suffered financial losses from Ponzi schemes, fraudulent investments, or phishing attacks. The Foundation’s move follows a significant increase in such crimes, with reports indicating millions of dollars lost to hacks and scams. The service will provide victims with a thorough analysis of their legal options and clear steps for pursuing their cases.Guido Zatloukal, president of Fundación Blockchain Argentina, highlighted that this initiative reflects the organization’s commitment to the safety and well-being of the country’s crypto community.Read more: 15 Most Common Crypto Scams To Look Out ForSabrina Scavone also stressed the importance of creating a more secure and transparent cryptocurrency ecosystem, noting that legal tools can be crucial for those affected by such crimes. With the rise of fraud, Fundación Blockchain Argentina strengthens its role in promoting blockchain education and development, now extending its efforts to include legal support.Venezuelan Authorities Seize 35 Bitcoin Mining Machines Amid Regulatory UncertaintyOn September 6, 2024, Venezuelan authorities, led by the Bolivarian National Armed Forces (FANB) and the Public Prosecutor’s Office, seized 35 Bitcoin mining machines in the state of Guárico. The operation, sanctioned by the 3rd Control Court of San Juan de los Morros, also resulted in the confiscation of 30 extractors, several industrial fans, and two vehicles. The raid occurred due to the lack of necessary permits for operating the mining farm.In Venezuela, cryptocurrency mining is heavily regulated, requiring authorization from the National Superintendence of Cryptoassets (Sunacrip). However, since Sunacrip was suspended in 2023 amid a corruption scandal involving state oil company PDVSA, the crypto industry has been left without a clear regulatory framework.This regulatory void has created challenges for miners. Many argue that they lack the guidance to operate legally, resulting in interventions like the one in Guárico. High energy consumption from Bitcoin mining, particularly from ASIC machines, has been a key issue, exacerbating Venezuela’s ongoing energy crisis. Frequent blackouts have prompted the government to disconnect mining farms from the National Electric System (SEN), aiming to stabilize power for citizens.Read more: Crypto Regulation: What Are the Benefits

and Drawbacks?President Nicolás Maduro recently stated that cryptocurrencies would become a priority on his political agenda, but details on restoring Sunacrip or clarifying regulations remain vague. Until then, the uncertainty surrounding Bitcoin mining in Venezuela continues, with miners left exposed to legal action and sanctions. Similar crackdowns have been reported in Paraguay, where protecting the electricity grid is also cited as the primary reason for such interventions.As the Latam crypto scene grows, these stories highlight the region’s increasing influence in the global market. Stay tuned for more updates and insights in next week’s roundup.Google News TrustedDisclaimerIn adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.“BeInCrypto’s comprehensive Latam Crypto Roundup highlights the most important news and trends from Latin America. This week’s roundup covers Argentina’s efforts to protect cryptocurrency scam victims, Bancolombia’s integration of the…”Source Link: https://beincrypto.com/beincrypto-com-latam-crypto-news-september-15/ https://thefintechtimes.com/wp-content/uploads/2023/01/crypto-1-960x640.jpg BLOGGER - #GLOBAL

[westernwenia]

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Wenia

Wenia