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Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation
venezuela

Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation

Bitcoin's trading volume has set a record high in Venezuela, thanks to the 10,000,000% inflation rate in 2019.

Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds
venezuela

Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds

Blockchain analysis company Chainalysis wanted to find out whether the claims of whether Petro aiding Venezuelans are true.

Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum
venezuela

Venezuela’s Central Bank Considers the Potential of Bitcoin and Ethereum

In the face of global isolation from international financial systems and imposed US sanctions on state-run PSDV (Petroleos de Venezuela S.A.) , Venezuelan’s Central Bank is looking to explore Bitcoin and Ethereum payment systems.

Twitter Account of PwC Venezuela Gets Hacked
venezuela

Twitter Account of PwC Venezuela Gets Hacked

The Venezuelan arm of the giant accounting firm, PwC Venezuela was under attack as its official Twitter page has been displaying a phishing link to a fake XRP token giveaway.

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela
venezuela

US Government Plans to Use USDC Stablecoin to Offer Foreign Aid in Venezuela

U.S government has tapped Circle’s USDC stablecoin to offer foreign aid in Venezuela through President-elect Juan Guaidó exiled government.

Venezuela's Petro Cryptocurrency to Cease Operations
venezuela

Venezuela's Petro Cryptocurrency to Cease Operations

Venezuela ends its Petro cryptocurrency, a failed oil-backed digital currency initiative aimed at evading U.S. sanctions. Launched in 2018, it struggled for adoption due to legal issues, limited functionality, and lack of international interest.

Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela
venezuela

Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela

Bitfinex has initiated a zero-fee trading feature for market takers on its Peer-to-Peer (P2P) platform in Argentina, Colombia, and Venezuela as of October 11, 2023. This move comes post the recent extension of the P2P service to these regions, aiming to reduce transaction costs, enhance liquidity, and encourage crypto trading. Users can access this facility by logging into their Bitfinex accounts and selecting the P2P option.

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption
venezuela

Venezuelan President Nicolas Maduro Leverages Coronavirus Pandemic for National Petro Adoption

Venezuela’s president, Nicolas Maduro has announced a new campaign aiming to help the medical staff in his nation by airdropping one Petro to each actively working doctor amid the coronavirus pandemic.

Lebanon Considers a Central Bank Digital Currency for 2021
venezuela

Lebanon Considers a Central Bank Digital Currency for 2021

The Governor of The Central Bank of Lebanon Riad Salameh has revealed the possibility of the bank launching a digital currency by 2021.

Dash NEXT: Fostering Crypto Adoption in Asian Tourism
venezuela

Dash NEXT: Fostering Crypto Adoption in Asian Tourism

Felix Mago is the CEO of Dash Thailand, and has been working in the blockchain space since 2014 and one of the driving forces of cryptocurrency adoption in Thailand. He is the author of the “Bitcoin Handbook” and the co-founder of the Dash Embassy Thailand as well as the co-founder of Futerio, a southeast Asia based gateway to blockchain, ICOs, and OTC brokerage.

North Korea Is Developing Own Crypto to Circumvent US Sanctions
venezuela

North Korea Is Developing Own Crypto to Circumvent US Sanctions

North Korea has always been suspected for either indirectly or directly funding weapons or involved in some powerful projects of mass destruction using virtual currencies. The nation, recently, was accused of stealing cryptocurrencies worth $2 billion to facilitate the development of deadly weapons.

Are You Ready for Halal Cryptocurrency?
venezuela

Are You Ready for Halal Cryptocurrency?

Recently, many cryptocurrencies are being introduced to serve different purposes. This time round, halal cryptocurrency is soon coming. But are you ready for it?

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