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Venezuela Set to Officially Release its Oil-backed Petro Next Week

The Petro, Venezuela’s controversial cryptocurrency is finally ready for official release to the global cryptocurrency market, the Venezuelan government said. The government is hoping that the cryptocurrency gains popularity as it is part of efforts to rescue the country’s financial system which has been swallowed up by inflation. дальше »

2018-10-3 12:16


Venezuela’s Worsening Economic Crisis Sees Cryptocurrency Bring in High Demand Involvement

Worsening Crisis For Venezuela’s Economic Brings High Demand For Cryptocurrency Involvement Venezuela has been suffering in its economy for quite a while, and things just seem to keep getting worse. Some of their citizens are even leaving to find a better and more reliable source of income. However, those who have decided to stay are […] дальше »

2018-10-2 00:03


National Bank of Ukraine (NBU) to Entertain a State-Backed Blockchain Cryptocurrency Tied To Local Fiat

National cryptos seem to have become something more common after the controversial Petro was launched by the government of Venezuela. Now, the National Bank of Ukraine has been considering to launch a new state-owned token that will be based on the blockchain technology, local media outlets report. The bank affirms that the “e-hrevnia” will be […] дальше »

2018-9-27 01:46


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Dash Text Enables Remittance via SMS to Turn Venezuela Into a ‘Dash Nation’

Dash Text, an SMS-operated mobile application, has just launched in Venezuela and is aimed at enabling easy remittance in the DASH cryptocurrency. As Venezuela suffers from strict international sanctions and its national currency, the Bolivar, is being diluted on a daily basis, transactions and cross-border payments have become extremely cumbersome. дальше »

2018-9-24 16:59


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Not Just Venezuela, Bitcoin is Seeing Record Volumes Across South America

Bitcoin’s mixed price fortunes could not matter less to some South American markets as trade volumes in several countries see major spikes. Argentina, Peru, Colombia… In spite of BTC/USD trending down towards $6000 yet again this month, economic uncertainty in Venezuela and Argentina continue to see huge volumes of fiat change hands for Bitcoin . дальше »

2018-9-13 19:00


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Data Shows We Can’t Expect Cryptocurrency to Handle Inflation

Digital currency is being adopted in several nations fighting economic distress as a means to avoid inflation. In fact, crypto evangelists cite examples of African communities and countries like Venezuela to describe how digital coins could provide security from central banks’ policies and subsequent inflation in times of crisis. дальше »

2018-9-13 14:11


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The Next ‘Venezuela’? Bitcoin Up Over $8,400 in Iran Amid Hyperinflation

Bitcoin price has risen dramatically in Iran following the government’s decision to grant legal recognition to the country’s cryptocurrency mining industry. Bitcoin Premium Comes to Iran While Bitcoin suffered an almost $1,000 drop in the rest of the world, the top-ranked cryptocurrency was reaching new heights in Iran. дальше »

2018-9-7 21:00


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Venezuela Citizens See ‘No Sign’ of National Petro Cryptocurrency

Amidst a mounting economic crisis, Venezuela’s oil-backed cryptocurrency the Petro is nowhere to be found. Numerous reports indicate an almost non-existent usage within the country. ‘Hard to Spot Almost Anywhere’ According to a report from Reuters dated August 30th, the Venezuelan town of Atapirire has not yet reaped the fruits of Venezuela’s oil-backed cryptocurrency efforts. дальше »

2018-8-31 22:00