Brazil’s Crypto Bill Now Awaits Approval By Bolsonaro, Who Once Said “I Do Not Know What Bitcoin Is”

Brazil’s lower house of Congress approved a bill aimed at boosting oversight of the country’s cryptocurrency space, marking a step closer to legitimizing the digital tender in one of the top 10 crypto-ready markets in the world. The bill, which was adopted by the Senate in April but was lodged for a long time in […]
Riverside Resources Sells Tajitos Property For US$2.5 Million In Cash

Riverside Resources (TSXV: RRI) is building its war chest this morning follow the sale of its Tajitos Gold Project, which is located in Sonora, Mexico. The asset has been sold to Minera Fresnillo, a subsidiary of Fresnillo PLC. The sale will see Riverside collect US$2.5 million in cash, while also retaining a 2.0% NSR royalty […]
NuRan Wireless Slows Site Rollout Due To Lack Of Cash

NuRan Wireless (CSE: NUR) this morning posted its third quarter financial results, posting revenues of $3.7 million for the period ended September 30. The revenues represent a substantial improvement over the $0.2 million recorded in the second quarter. The improvement in quarterly performance was attributed to the growth in network as a service, or NaaS, […]
Tenet Fintech Sees Revenues Decline 33% In Q3, Expects To Miss Full-Year Guidance

Tenet Fintech (CSE: PKK) this morning reported declining quarterly revenues for the second straight quarter this morning, blaming the decline on government-imposed lockdowns in China. At the same time, the firm cautioned that the results will “likely” cause its annual performance to fall short of guidance issued this past May. Revenue for the quarter came […]
Aztec Minerals Intercepts 0.58 g/t Gold Over 85.5 Metres At Cervantes

Aztec Minerals (TSXV: AZT) continues to see positive results from its phase three drill program conducted at its Cervantes project in Sonora, Mexico. The firm has released assay results for an additional three holes, again expanding the known footprint of mineralization for the California zone. Two of the holes released this morning were conducted at […]
Coinbase Wallet Axes Support for Native Tokens Including BHC, ETC And XRP Due to Low Usage

Crypto users of Coinbase Wallet soon won’t be able to store native tokens linked to Bitcoin Cash (BCH), Ethereum Classic (ETC), Ripple XRP and Stellar (XLM), as the firm looks to phase them out over subdued usage. According to the Coinbase website, the tokens will no longer be supported come January 2023 for its Wallet […]
More Than 40% of Small Business Owners In the U.S. And Canada Could Not Pay Full Rent In November

Small business conditions may be more fragile than even bearish observers fear and seem to be worsening quite rapidly in Canada and, particularly, in the United States. According to a survey of more than 6,300 small business owners conducted over the period November 19-22, 41% and 45% of U.S. and Canadian small business owners, respectively, said […]
UK Housing Market Slowdown: Lenders are Approving Fewer Mortgages as Inflation, Rising Interest Rates Bite

The UK housing market is rapidly slowing, as surging inflation and subsequent rising interest rates bring what was once rapid growth to a near-standstill. Latest data from the Bank of England shows significantly fewer borrowers are getting approved for mortgages, as higher interest rates ripple through the economy. Lenders approved a total of 58,977 home […]
BlockFi Revealed To Have $355 Million Locked In FTX, $671 Million Defaulted Loan To Alameda

BlockFi has around $355 million in crypto assets frozen in bankrupt crypto exchange FTX, the law firm handling the crypto lender’s own chapter 11 proceedings revealed. The crypto firm filed for bankruptcy in the the District of New Jersey following weeks of speculation about the company’s solvency. The lender had been dependent on a $400 […]
Amazon To Invest In New TV Series Featuring Collapse Of FTX

Amazon (NASDAQ: AMZN) announced last week that it will be working on a show about the fall of the crypto exchange FTX. The eight-episode limited series will be created in partnership with AGBO the Russo Brothers’ production company. Variety first reported that apart from executive producing, Joe and Anthony Russo are also in talks to […]