Energy Crisis In Iran — Is Bitcoin Mining To Blame?

Bitcoin mining, while a largely profitable venture for mining companies and individuals, can cause plenty of problems. The rise of crypto mining can raise rates, weaken grids, and even cause power blackouts in certain countries like Thailand, Venezuela, and Kazakhstan. дальше »

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Binance wallet outpaces popular messaging apps in Venezuela download rankings

Binance’s digital wallet has seen a meteoric rise in Venezuela, climbing to the 33rd spot on the list of the country’s most downloaded apps. This achievement places it just above Snapchat and just below WhatsApp, two of the most widely used messaging platforms in the nation. дальше »

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Venezuelan politician suggests Bitcoin as reserve asset: good news for Poodlana?

Bitcoin did not have an upbeat Friday with its price crumbling further from $57,000 to under $54,000. But it wasn’t entirely deprived of a few positive developments. For one, Maria Corina Machado – the former Deputy of the National Assembly of Venezuela – proposed using BTC as a national reserve asset in an interview today. […] дальше »

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Binance restored in Venezuela after temporary ban amid political unrest

Binance, the world’s largest cryptocurrency exchange, is once again accessible in Venezuela after a sudden ban by the government-owned telecommunications provider, Cantv, was lifted. The ban, which lasted for over 72 hours, disrupted access to the platform, affecting countless cryptocurrency traders and businesses in a country where cryptocurrencies play a crucial role in the economy. […] дальше »

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Binance Says Venezuela Platform Is Being Hit by Access Restrictions

The Venezuelan government has blocked various websites, including the social network X, following allegations of fraud in the July 28 presidential elections. дальше »

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Venezuela restricts access to Binance and X amid election unrest

Venezuelan government blocks Binance, X, Reddit, and Signal amid election unrest. CANTV, Venezuela’s state ISP, enforces the blockade as part of a crypto crackdown. President Maduro accuses Elon Musk of inciting protests and violating laws. дальше »

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Venezuela blocks Binance access amid election unrest

Access to Binance and various other platforms in Venezuela has been restricted due to political unrest, prompting users to seek alternatives. дальше »

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Venezuela's Election Body Says Nicolas Maduro Reelected President, Opposition Claims Victory Too: Reports

The opposition too has claimed victory in a nation where the dependence on crypto is fueled by multiple crises. дальше »

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US sanctions Venezuela’s Tren de Aragua for cryptocurrency crimes and human trafficking

The US Department of the Treasury has sanctioned the Tren de Aragua, a notorious criminal organization originating from Aragua, Venezuela. The group, initially a prison gang, has expanded across the Western Hemisphere, engaging in various illegal activities, including the unlawful use of cryptocurrencies for criminal purposes. дальше »

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Dogecoin (DOGE) Team Reveals Major Adoption Milestone

Venezuela migrants prefer to use Dogecoin (DOGE) to send remittances дальше »

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Crypto remittances in Venezuela surge as economic situation worsens

Sanctions from the United States, spiraling inflation and government corruption have created an economic nightmare for Venezuelans. дальше »

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Venezuela bans crypto mining to mitigate excess electricity use

Venezuelan authorities target cryptocurrency mining farms in an effort to stabilize the national power grid and address ongoing energy outages. дальше »

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Venezuela cracks down on crypto mining to tackle energy crisis

Venezuela's Ministry of Electric Power plans to cut off crypto-mining companies drawing power from the national power grid SEN (Sistema Electrico Nacional).  дальше »

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High Energy Consumption Forces Venezuela to Disconnect Crypto Mining Farms

Venezuela will disconnect crypto mining farms from the national grid, citing high energy consumption and frequent power outages. The post High Energy Consumption Forces Venezuela to Disconnect Crypto Mining Farms appeared first on BeInCrypto. дальше »

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Venezuela bans crypto mining to protect power grid

This move follows a recent crackdown involving the confiscation of 2,000 cryptocurrency mining devices as part of an anti-corruption initiative. дальше »

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Bitcoin’s Borderless Power: IMF Recognizes Positive Impact On Global Finance

Amidst economic turmoil and stringent regulations, citizens in countries like Argentina and Venezuela have turned to Bitcoin as a lifeline. The International Monetary Fund (IMF) examines how individuals in these nations are leveraging Bitcoin to manage their finances, bypassing capital controls through off-blockchain transactions. дальше »

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Tether Will Freeze Wallets Evading Venezuelan Sanctions

Use of Tether has increased in Venezuela after the U.S. reimposed sanctions on oil exports. дальше »

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Venezuela Turns To Crypto For Oil Sales To Evade Fresh Round Of U.S. Sanctions

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USDT move by Venezuela’s PDVSA triggers freezing threats from Tether

Venezuela’s state-run oil company, PDVSA, has been hit with a harsh response from Tether, the issuer of the USDT stablecoin. Amidst efforts to bypass oil sanctions imposed by the United States, PDVSA reportedly turned to crypto, particularly USDT, to facilitate its crude oil and fuel exports. дальше »

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First Mover Americas: Venezuela Looks to Tether for Oil Sales as Sanctions Return

The latest price moves in bitcoin (BTC) and crypto markets in context for April 23, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets. дальше »

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Venezuela turns to crypto for oil trades under renewed US sanctions: Reuters

Venezuela's PDVSA shifts to crypto, using USDT for oil trades as a sanction evasion strategy, according to a new report. The post Venezuela turns to crypto for oil trades under renewed US sanctions: Reuters appeared first on Crypto Briefing. дальше »

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Venezuela reportedly turns to USDT for oil export as US sanctions bite

Venezuela’s state-run oil company PDVSA is allegedly set to increase crypto usage in its crude and fuel exports as the U.S. strengthens oil sanctions against the country. Venezuela‘s PDVSA, the world’s fifth largest oil exporter, is turning to stablecoin Tether… дальше »

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Venezuela to Use Tether (USDT) to Evade US Sanctions

Venezuela's oil firm PDVSA turns to cryptocurrency, leveraging Tether (USDT) to navigate through US sanctions and protect oil revenues, amidst growing scrutiny and operational challenges. The post Venezuela to Use Tether (USDT) to Evade US Sanctions appeared first on BeInCrypto. дальше »

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Venezuela Looks to Tether to Bypass Sanctions: Reuters

Venezuela's state-run oil company started experimenting with Tether in 2023. дальше »

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Top 5 Latin American Countries Leading the Crypto Revolution

A new research report finds that Latin American countries Brazil, Argentina, Colombia, Mexico Venezuela, and El Salvador are at the coalface of cryptocurrency adoption in Latin America. The post Top 5 Latin American Countries Leading the Crypto Revolution appeared first on BeInCrypto. дальше »

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Bitfinex introduces zero-fee trading for Latin America

Bitfinex, has announced that it has introduced zero-fee trading for market takers on its peer-to-peer (P2P) platform in Argentina, Colombia, and Venezuela. дальше »

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Venezuelan oppositioner highlights crypto’s role amid crisis

A Venezuelan oppositioner Leopoldo Lopez praised crypto as a tool to overcome censorship but also addressed its dependency on corrupted banks. As Venezuela struggles with a humanitarian crisis, crypto has become a vital tool for many Venezuelans seeking to preserve… дальше »

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Venezuela extends reorganization shutdown of crypto agency to March 2024

The government will spend six additional months reorganizing the entity, which it shut in March 2023.

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Binance, Coinbase navigate challenges; FTX drama takes new turn; sustained regulatory efforts | Weekly Recap

Hong Kong, Australia, and Venezuela took center stage as regulatory actions rocked the scene. Meanwhile, Sam Bankman-Fried's parents face lawsuits while Binance and Coinbase navigate challenges. дальше »

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Binance’s P2P Change: Venezuela’s Premier Bank Gets Cut

Binance discontinues its P2P trading services with Venezuela's primary state-owned bank, Banco de Venezuela. дальше »

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Binance P2P Removes Support for the Most Used Bank in Venezuela

Binance has removed support for Banco de Venezuela, the country's most used bank, from its peer-to-peer (P2P) platform, citing compliance with local and international regulatory standards. The post Binance P2P Removes Support for the Most Used Bank in Venezuela appeared first on BeInCrypto. дальше »

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Биржа Binance прекратила поддержку подсанкционного Banco de Venezuela

Крупнейшая криптовалютная биржа Binance удалила крупнейший банк Венесуэлы Banco de Venezuela из списка способов оплаты в своем P2P-сервисе. Решение связано с санкциями. дальше »

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Binance excludes Banco de Venezuela from P2P payments

Banco de Venezuela, one of the largest financial institutions in the country, was acquired by the sanctioned government in 2009. дальше »

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Stablecoin Wallet Rpay Secures License from OFAC to Continue Operating in Venezuela

The approval does not absolve Rpay of its compliance duties, but does eliminate the growing compliance risk, the company said. дальше »

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Bitfinex initiates P2P trading service in Argentina, Colombia, and Venezuela

Bitfinex announced the commencement of a peer-to-peer trading platform in Argentina, Colombia, and Venezuela, in an effort to cater to the growing market for digital assets in Latin America. дальше »

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Bitfinex launches P2P trading platform in Venezuela, Argentina and Colombia

The launch announcement followed expansion moves by Bitfinex into El Salvador and Chile through licensing and partnerships, respectively. дальше »

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Bitfinex launches P2P platform in Venezuela, Argentina and Colombia

Bitfinex P2P will support buying and selling of Bitcoin, Ethereum and Tether tokens USDt and EURt. The company is looking to bolster financial freedom and inclusion across Latin America. Bitfinex completed an investment in Chile-based crypto bank OrionX in May. дальше »

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Bitfinex Unveils P2P Trading Platform in Latin America

Bitfinex, a digital asset trading platform, is continuing to foster financial self-reliance and accessibility in Latin America. With the initiative Bitfinex P2P, users in Venezuela, Argentina, and Colombia can start... дальше »

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Bitfinex Launches Peer-to-Peer Trading Platform in Argentina, Colombia and Venezuela

Users will be able to buy and sell bitcoin, ether, USDT, EURT and XAUT. дальше »

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Bitfinex unveils peer-to-peer trading platform for Latin American markets

Bitfinex, a prominent digital asset trading platform, has announced the launch of a new peer-to-peer (P2P) platform, dubbed Bitfinex P2P. The platform, which will initially target markets in Venezuela, Argentina, and Colombia, enables customers to directly trade Bitcoin (BTC), Tether tokens (USDT and EURT), Tether Gold (XAUT), and Ethereum (ETH) while facilitating payments outside of […] The post Bitfinex unveils peer-to-peer trading platform for Latin American markets appeared first on CryptoSlate. дальше »

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Крупнейший банк Венесуэлы пострадал от атаки криптовымогателей LockBit

Banco de Venezuela, крупнейший банк Венесуэлы, пал жертвой атаки программы-шифровальщика, вымогающей выкуп в криптовалюте за расшифровку и восстановление доступа к данным. дальше »

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Venezuela arrests 21 people in crypto-related oil corruption scheme

Venezuelan prosecutors arrested 21 people for being involved in a wide-range crypto-related corruption scheme on state oil company Petroles de Venezuela SA (PDVSA) on March 24, as Reuters reported. дальше »

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Venezuela shuts down crypto mining facilities, exchanges amid corruption probe

According to Venezuela’s attorney general office, government officials were running parallel oil operations with the assistance of the national crypto department. дальше »

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Venezuela To Restructure Its Crypto Department

Nicolas Maduro, Venezuela’s president, has decided to restructure and reorient the National Superintendency of Crypto Assets. The decree was issued in March of this year. The reorganization of the crypto asset department will be headed by the new board, led by Anabel Pereira Fernandez, a lawyer who has served as president of the Fondo de […] дальше »

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Venezuela banks block more than 75 crypto-related accounts

The accounts of consumers with connections to cryptocurrency trading, particularly those connected to peer-to-peer (P2P) transaction activity, have caught the attention of Venezuelan banks. дальше »

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Власти США подозревают пятерых россиян в отмывании десятков миллионов долларов через криптовалюты

Министерство юстиции США утверждает, что пятеро граждан России и два гражданина Венесуэлы организовали преступную схему по продаже нефти санкционной компании Petroleos de Venezuela (PDVSA). дальше »

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Hackers Take Over PwC Venezuela Twitter Account To Share Fake XRP Giveaway

Bad actors have struck again, and this time, the Twitter account of PwC Venezuela fell victim to their elaborate scheme. дальше »

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Мошенники устроили фейковую раздачу XRP

Злоумышленник взломал твиттер-аккаунт крупной бухгалтерской компании PwC Venezuela и устроил поддельную раздачу XRP. Первый твит, опубликованный хакером от имени PwC Venezuela, содержал в себе текст «Проблема, реакция, решение #XRP» с фотографией CEO Ripple Labs Брэда Гарлингхауса. дальше »

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Хакеры устроили фальшивую раздачу XRP от лица «дочки» PwC в Венесуэле

Злоумышленники взломали Twitter-аккаунт аудиторской фирмы PwC Venezuela для продвижения фейковой раздачи XRP от имени CEO Ripple Брэда Гарлингхауса.   Спустя восемь часов после инцидента администрации удалось восстановить доступ к странице и удалить фишинговые ссылки. дальше »

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Хакеры взломали аккаунт PwC в Twitter для рекламы мошеннической раздачи XRP

Аккаунт PwC Venezuela в Twitter, насчитывающий более 37 000 подписчиков, был взломан хакерами. Злоумышленники опубликовали сообщения о раздаче XRP, содержащие фишинговые ссылки. дальше »

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