Tag: venezuela
ShapeShift CEO Donates $1,000 in Bitcoin to Venezuelans: A Real Lifeline
Erik Voorhees, the CEO at instant digital asset exchange ShapeShift, has donated $1,000 in BTC to AirdropVenezuela. The latter is an initiative which aims to…
Coinbase Offers Venezuelans Crypto for Christmas
Popular U.S. cryptocurrency exchange Coinbase is showing its charitable side by donating cryptocurrency to over 300 people in Venezuela. Tis the Season for Crypto To…
Venezuela President Increases Petro Value by 150 Percent
President Nicolás Maduro of Venezuela recently assigned a new value for the Petro – the country’s controversial state-issued cryptocurrency. The Venezuelan leader also announced a…
Venezuela to Use the Petro Cryptocurrency in International Petroleum Trade
Venezuela’s government plans to present its national cryptocurrency, the Petro, as a unit of account for international crude oil trade to the Organization of Petroleum…
Venezuelans Turn to Bitcoin and Online Gaming to Survive
Citizens of Venezuela have turned to Bitcoin and gold farming in online games to survive the country’s economic collapse. It’s been a hellish couple of…
Crypto Fraudsters Accused by CFTC Request More Time to Respond to Accusations
My Big Coin, the platform accused of fraud by the CFTC, has requested a nearly seven-month extension on their case to sufficiently answer questions raised…
US Congress on Slippery Slope as it Seeks to Outlaw Venezuela’s Petro Cryptocurrency?
Venezuela’s national cryptocurrency venture continues to generate media buzz. The Petro is designed to bypass existing sanctions and embargoes imposed upon the country. US Congress…
Venezuela: Government Enforces Payment for Passport with State-Backed Petro
Amidst a deepening economic and social crisis and a mass exodus of its citizens, Venezuela enforces payment for the passport by the state-backed cryptocurrency Petro.…
Venezuela’s Petro to Be Listed on 6 Global Crypto Exchanges, Claims President Maduro
President Nicolas Maduro of Venezuela has announced the official launched the oil-backed cryptocurrency, Petro, in a televised address to the crisis-struck country. Petro, the Oil-Backed…
