TokenPost topic
Brazil
110 TokenPost stories are tagged Brazil. The newest appear first.
Latest Brazil stories
- Brazil’s B3 Lifts Quarterly Revenue 11.1% as Recurring EPS Reaches R$0.28
Recurring net income rose 9.9% to R$1.3 billion, while recurring revenue advanced in fixed income, technology and capital markets businesses.
· Business
- COPEL’s Q3 Recurring Net Income Rises 79.6% to R$673 Million
Recurring net income compared with R$375 million in the year-earlier quarter, while reported net income reached R$688 million, up 89%.
· Business
- Petrobras Agrees to Buy Remaining 70% of Logum Logística S.A. for R$620 Million
Petrobras already holds 30% of the Brazilian biofuels logistics company; the agreement would give it full ownership.
· Business
- Corteva Sales Fall 9% as Latin America Organic Sales Drop 31%
Latin America organic sales fell 31%, while full-year adjusted operating EPS guidance was $0.76 to $0.80.
· Business
- Brazil Central Bank Says 30% of Crypto License Applicants Miss Capital Rules
Many applicants also have not submitted audited financial statements. The central bank has rejected one application, while 119 of 120 remain under review.
· Regulation
- Petrobras Raises 2026 Spending Forecast to $24 Billion–$25.5 Billion
Third-quarter earnings missed Wall Street expectations, while $2.7 billion in announced shareholder distributions fell below a $3.8 billion estimate.
· Business
- Tidewater Sets 2027 Revenue Target of Up to $1.75 Billion
The company also gave 2027 margin guidance of 51% to 53% and expects to substantially integrate the WSUT business by the start of 2027.
· Business
- Brazilian Workers Claim Up to $1,000 a Month From AI Task Videos
Listed hourly rates range from about $1.80 for home assignments to $5.40 for workplace tasks, while workers describe varying monthly earnings.
· Technology
- Brazil Central Bank Publishes List of Authorized Virtual Asset Institutions
The list gives market participants a public reference as Brazil’s central bank oversees virtual asset service providers.
· Regulation
- Mercado Bitcoin Restores Read-Only Access as Withdrawals Stay Unscheduled
Users can view balances and holdings through Nov. 2. Pix withdrawals are planned first, with transfers limited to accounts in each customer’s name.
· Technology
- Mercado Bitcoin Pledges to Replace Customer Balances Transferred in Security Incident
Customers can view account balances and holdings through a phased website rollout, but trading and withdrawals remain paused pending security reviews.
· Technology
- Mercado Bitcoin Reopens Balance Checks as Services Return in Phases
The next restoration phase is planned for next week, with withdrawals subject to identity checks and account restrictions.
· Technology
- Brazil Central Bank Lists 120 Crypto Authorization Applications
The filings cover brokerage, intermediation and custody. Inclusion on the list does not confer authorization.
· Regulation
- Nubank Restored Crypto Transfers After Nov. 6 Disruption
The service resumed at 8 p.m. ET Nov. 6, before a TokenPost article published Nov. 8 described the pause. Mercado Pago also blocked some transfers to external wallets while in-app trading remained available.
· Business
- Inspired Entertainment Cuts 2026 EBITDA Guidance Floor to $109 Million
The Brazil shutdown is weighing mainly on Virtual Sports. Management expects only modest growth in 2027 if the market remains closed.
· Business
- Sabesp CFO Says Third-Quarter Adjusted Net Revenue Reached BRL 6 Billion
Daniel Szlak said the figure represented 9% organic growth from a year earlier during the company's third-quarter earnings call.
· Business
- Nubank Pauses Crypto Deposits and Withdrawals in Brazil
The company cited an outside provider issue and said its other crypto products remain operational.
· Business
- Mercado Bitcoin Will Absorb $40 Million Hot-Wallet Hack Loss
The Brazilian crypto broker expects no customer losses and is investigating the attack while working to trace stolen assets.
· Technology
- Localiza Posts R$1.1 Billion in Q3 Net Income, Up 29.1%
Consolidated net revenue rose 14.4% to R$12.3 billion, while EBITDA increased 13.7% to R$4 billion.
· Business
- BrasilAgro Plans BRL 150 Million Cut to Short-Term Debt
The company plans to use farm-sale receivables for repayments while maintaining dividend payments.
· Business
- Mercado Bitcoin Loss Estimate Rises to $48.6 Million After Hack
Funds continued moving from customer deposit addresses for about four hours after the Brazilian exchange said the incident was contained.
· Technology
- Mercado Bitcoin Plans Nov. 9 Website Restart After Security Incident
The exchange will open account viewing first; transfers, withdrawals and trading will resume after final security reviews. The current frozen total exceeds $15 million.
· Technology
- Prudential Expects Japan Sales to Resume Feb. 1, 2027, and About $3.1B
The insurer expects about $3.1 billion in net proceeds from a $4.025 billion cash sale of its Brazil and Mexico businesses.
· Business
- Yellow Card Adds Brazil Operations Through GoMoney Acquisition
The October deal adds local real-denominated collections and payouts, including Pix, with settlement in stablecoins. The purchase price was not disclosed.
· Business
- Mercado Bitcoin Pledges to Cover User Losses After $38 Million Breach
The Brazilian exchange halted deposits and withdrawals and said it had frozen about $11 million in assets with help from five firms.
· Technology
- Mercado Bitcoin Reports $36.3 Million Affected in Security Incident
The Brazilian exchange said $12.9 million had been blocked or frozen, while customer balances remain intact and its platform stays paused.
· Technology
- Brazil’s Mercado Bitcoin Takes Platform Offline After $49 Million Incident
The exchange says it has blocked $11.2 million and will stay offline until it can safely resume operations.
· Technology
- Mercado Bitcoin Freezes $12.9 Million as Services Stay Suspended
The exchange values affected assets at about $36.3 million and says customer balances remain recorded in their accounts.
· Technology
- Mercado Bitcoin Says Customers Will Not Lose Assets After $38M Incident
The exchange said $11 million had been blocked and gave no date for restoring deposits and withdrawals.
· Technology
- Bloquo Applies for Virtual Asset Broker Registration in Brazil
The fintech is registered as a money services business in the United States and offers cross-border payments, foreign-exchange trading and liquidity services.
· Regulation
- Arkham Intelligence Analyst Estimates Mercado Bitcoin Losses Above $46 Million
Mercado Bitcoin suspended deposits and withdrawals after containing a security incident. Tether CEO Paolo Ardoino said Tether froze more than 4.5 million USDT connected to it.
· Technology
- MercadoBitcoin Reports $40 Million Exploit and Halts Trading
The Brazilian exchange also suspended deposits and withdrawals while it investigates the incident and works to secure user funds.
· Technology
- Mercado Bitcoin Confirms Cyberattack After $40 Million in Transfers Flagged
Hypernative flagged the transfers as suspicious across multiple blockchains. The exchange suspended deposits and withdrawals as a precaution.
· Technology
- Mercado Bitcoin Pauses Deposits and Withdrawals After Security Incident
The Brazilian exchange said customer assets were not affected by the incident.
· Technology
- Bloquo Secures $3.72 Million to Expand Stablecoin Payments Platform
Crescera Capital and Triaxis Capital jointly led the round, which will fund compliance, technology and platform growth.
· Business
- Nu Holdings Shares Fall After Lula Wins Brazil Presidential Runoff
Nearly 118 million of Nu’s 139 million customers were in Brazil in Q2 2026, making it the company’s largest customer market.
· Investing
- Brazil's REDATA Law Suspends Select Data Center Equipment Taxes
The law sets a five-year incentive term, but three tax suspensions run only through Dec. 31, 2026. Qualifying projects must meet domestic-service, energy, water and research requirements.
· Regulation
- MercadoBitcoin Opens Sui Transfers to 4.5 Million Brazilian Clients
Clients can buy and sell SUI, USDC and USDsui. Slush Wallet also supports stablecoin payments for Sui network fees.
· Business
- Brazil Crypto Exchanges Face Oct. 30 Authorization Filing Deadline
Application reviews may take up to two years. Minimum capital requirements range from 10.8 million Brazilian reais ($2 million) to 37.2 million reais.
· Regulation
- Brazil Sets Friday License Deadline for Crypto Exchanges to Keep Operating
Applications filed by Oct. 30 can keep firms operating during reviews lasting up to two years. Providers that miss the deadline have 30 days to stop services.
· Regulation