BeInCrypto detailed Latam Crypto Roundup brings Latin America’s crucial news and patterns. With press reporters in Brazil, Mexico, Argentina, and more, we cover the current updates and insights from the area’s crypto scene.
Today’s roundup highlights Argentina’s efforts to secure cryptocurrency rip-off victims, Bancolombia’s combination of the Solana and Arbitrum networks, together with other essential stories.
Bancolombia’s Wenia Expands with Solana and Arbitrum Integration
Bancolombia’s crypto platform, Wenia, has actually broadened its offerings by incorporating the Solana and Arbitrum networks, permitting users to move Ethereum (ETH) by means of Arbitrum. This upgrade objectives to boost user experience with lower deal costs and faster processing times.
The addition of Solana and Arbitrum positions Wenia as a competitive force in the area, especially with Arbitrum’s scalability benefits over Ethereum. Wenia kept in mind that this relocation lines up the platform with a worldwide pattern preferring more effective blockchain networks.
“We have an invite you’re going to enjoy! Arbitrum and Solana networks are now readily available on Wenia App, and our crypto professional Rafael Santamaría will inform you whatever in a takeover this Friday, September 13, on our Telegram channel. Do not miss it!” the platform revealed by means of its X account.
Learn more: Crypto vs. Banking: Which Is a Smarter Choice?
Because its launch, Wenia has actually provided a range of digital possessions, consisting of Bitcoin, Ethereum, USDC, MATIC, and the COPW stablecoin. The platform likewise permits users to see comprehensive reports on the reserves backing the COPW stablecoin through its Reserve Test function.
Previously this year, Wenia presented Chainlink’s Proof-of-Reserve (PoR) services to boost openness in its holdings.
“On-chain Proof of Reserve information is an important part for digital possession adoption and acts as a springboard towards increasing customer self-confidence in using stablecoins and other tokenized possessions. We selected Chainlink for its industry-leading platform,” stated Pablo Arboleda, CEO of Wenia.
Enegix Global Taps Natural Gas for New Crypto Mining Data Center in Brazil
Enegix Global has actually revealed strategies to utilize separated gas as the energy source for its upcoming cryptocurrency mining information center in Brazil. Set to release this November, the center will at first have a 25-megawatt (MW) capability, with strategies to broaden to 80 MW.
The separated gas, discovered in locations with restricted facilities, uses a cleaner energy option for mining operations, especially in areas abundant in gas reserves. This relocation lines up with Brazil’s growing credibility for both cryptocurrency adoption and renewable resource development.
“In addition to being thought about one of the biggest cryptocurrency adoption markets in the world, Brazil has perfect conditions to bring in the digital mining market. With tidy energy sources, such as separated gas and hydroelectric power plants, the nation prefers the promo of sustainability in the sector and at the exact same time provides beneficial conditions for running expenses and electrical energy generation,” Enegix CEO Yerbolsyn Sarsenov specified.
Learn more: Is Crypto Mining Profitable in 2024?
The task intends to support the mining of Bitcoin and altcoins while improving Enegix’s power management abilities by over 30%.
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