PANews reported on August 28th that Brazilian cryptocurrency anti-fraud company Vaas has completed a 20 million reais (approximately $370 million) seed round of funding, led by Headline Asia and participated by ABSeed Ventures and Honey Island Capital. The funds will be used to expand its sales department and accelerate the development of artificial intelligence solutions focused on anti-fraud.
Vaas is a Brazilian startup focused on developing technology to combat financial fraud, primarily focusing on cryptocurrency transactions. The company has expanded its services to include combating Pix-related scams. It uses artificial intelligence to analyze the complete transaction history of cryptocurrency wallets to detect suspicious or unusual activity. In October 2023, Vaas announced the completion of a pre-seed funding round of approximately $2 million, led by ABSeed .


Rich Dad, Poor Dad author Robert Kiyosaki says he prefers accumulating gold, silver, oil, Bitcoin, and Ether, which he deems “hard money.” Rich Dad Poor Dad author Robert Kiyosaki, a strong proponent for Bitcoin, says it is “criminal” that kids are being taught from a young age to work for an inflationary currency while arguing the virtues of Bitcoin. “Go to school, get a job, work hard, save money, and invest in a 401(k) full of garbage,” Kiyosaki said during a podcast hosted by Bitcoin Collective Co-Founder Jordan Walker on Wednesday. Kiyosaki pulled no punches as he lambasted central banks, equating them to “criminal organizations” and even calling them “Marxists,” as he says that every time central banks print money, it makes the rich richer, while the other economic classes suffer.Read more