Brazil’s Largest Bitcoin Exchange Just Fired ‘at Least’ 20 Employees

Mercado Bitcoin, Brazil’s largest cryptocurrency exchange by trading volume, recently fired “at least” 20 employees amid restructuring efforts being made to “focus on professionalization, better governance and more agility in customer service.” Local news outlet Portal do Bitcoin reportedly spoke to four now ex-employees that served at different hierarchical levels. One noted it “was horrible” …

Brazilian Entrepreneur Creates Bitcoin-Powered Coffee Machine

Open Positions at CCN: Full Time and Part Time Journalists Wanted. Ricardo Reis, a Brazilian entrepreneur, has recently created a bitcoin-powered coffee machine, in an attempt to show the flagship cryptocurrency has various potential use cases as actual “programmable money.” A video of the coffee machine in action was initially shared with a BTC-focused group …

Brazil’s Largest Bitcoin Exchange Foxbit Down for 72 Hours, 30 BTC missing

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Foxbit, Brazil’s largest cryptocurrency exchange, has been down for over 72 hours, reportedly because of a bug that allowed its users to withdraw their bitcoin balances twice. The problem saw the company lose a total of 30 Bitcoins, at press time worth …