Crypto News From Brazil: Sept. 2–8 in Review

Cointelegraph Brasil presents a weekly digest of selected cryptocurrency- and blockchain-related news. Brazil has seen a tumultuous week in the cryptocurrency industry. The tax agency announced that they are running out of funds, the Securities and Exchange Commision (CVM) claimed that Brazil is “broke,” the Central Bank of Brazil introduced a new instant payment system, […]

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1.4 Million Brazilian Point-of-Sale Devices to Support Crypto Payments

Cielo, the largest credit card processing company in Brazil, recently announced support for cryptocurrency payments on its point-of-sale devices. Cielo, the largest payment processing provider in Brazil, has unveiled support for Bitcoin (BTC) and cryptocurrency purchases on its point-of-sale (PoS) devices. Crypto payments via QR codes Cointelegraph Brazil reported the news on Aug. 30. According […]

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Polkadot Soft-Launches Its Experimental ‘Canary Network’ Kusama

Polkadot launches canary-network test bed for its bleeding edge network. Blockchain interoperability protocol, Polkadot, launched its experimental “canary network” dubbed Kusama, this morning, Aug. 23. In a blog post, the team announced the first deployment in the wild of its protocol, combining “bleeding-edge technical improvements in governance, consensus and scalability.” Limited functionality for soft launch […]

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Crypto PIVX Denies Vulnerability Allegations, Says Users’ Funds Are Safe

Cryptocurrency PIVX denies allegations that its blockchain was vulnerable to a bug, as consulting firm Lunar Digital Assets had claimed. Developers of the private transactions cryptocurrency PIVX replied to crypto consulting firm Lunar Digital Assets regarding claims its blockchain was vulnerable to a bug.  In a reply published on Aug. 13, PIVX developers addressed claims […]

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Nuls and Aleph Test New Staking Service, Introduce New Reward Model

Enterprise-grade blockchain platform Nuls and cross-blockchain layer-2 network Aleph have completed testing of a staking service that applies a new type of reward model. Enterprise-grade blockchain platform Nuls and cross-blockchain layer-2 network Aleph have jointly completed testing of a new staking service dubbed staked coin output (SCO), which applies a new type of reward model. […]

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PIVX, Possibly Other PoS Chains Vulnerable to Bug, Attackers Profit

PIVX, a private transactions altcoin, and allegedly another 200 other chains are vulnerable to a bug that has been used across multiple PoS blockchains. Private transactions cryptocurrency PIVX and over 200 other blockchains are vulnerable to a vulnerability allowing the attacker to obtain disproportionately high staking rewards. A major staking vulnerability Cryptocurrency consulting firm Lunar […]

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