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President of Venezuelan Cryptocurrencies Association: Cryptos are “The Evolution of Money”
The president of the Venezuelan Association of Cryptocurrencies “Asonacrip,” spoke on a radio show about his impressions of the potential that cryptocurrencies and blockchain technologies have for the evolution of the local economy. дальше »
2018-8-20 04:31
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Venezuela’s Currency Devalued By 96% as Maduro Announces New Crypto-Pegged Forex Rate
On Friday, Venezuelan President Nicolas Maduro announced a new single exchange rate for the bolivar that’s pegged to the Petro virtual currency. Under the new guidelines, one Petro would equal $60 dollars, which means the nation’s currency is essentially devalued by 96 percent. дальше »
2018-8-19 15:00
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Venezuela: Inflation Tops 100,000 Percent, Bitcoin Costs 60M Bolivars
Venezuela’s currency the Bolivar Fuerte jumped to 9. 2 million per dollar and almost 60 million per bitcoin August 18, just two days before a major redenomination cuts five zeros off its value. Redenomination Looms As reported by cryptocurrency commentators including Purse. дальше »
2018-8-19 04:00
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Oil-backed Petro Cryptocurrency Set to Officially Become Venezuela’s Second Unit of Account
President Nicolas Maduro of Venezuela has announced on August 14, 2018 that with effect from August 20, 2018, the petro cryptocurrency would officially become the second unit of account in the nation, as the central bank issued altcoin will be used extensively by state-owned oil firm, PDVSA and may also be used to pay workers’ salaries. дальше »
2018-8-16 16:00
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Bitcoin Is a Safe-Haven Asset That Will Improve Finance, New Research Suggests
Bitcoin and other cryptocurrencies will dramatically increase the effectiveness of the financial industry. Bitcoin is an efficient alternative in countries with unstable economies, according to a study recently published by Infiniti Research. дальше »
2018-8-11 07:00
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Coinbase Transfers Halted in Venezuela – U.S. Sanctions to Blame?
Initially revealed on August 2, 2018, several Venezuelan Coinbase users abruptly lost the ability to withdraw or send cryptocurrency, prompting speculation that the exchange may have its hands tied by US-Venezuela sanctions. дальше »
2018-8-4 22:00
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As inflation goes stratospheric, Venezuelans take to the crypto markets
It is a commonly (but not universally) known fact that the ultimate supply of Bitcoin is capped at 21 million. Unfortunately the same cannot be said for the Venezuelan Bolivar, which is going through a period of currency debasement every bit as bad as the events in Weimar Germany which brought Hitler to power. As […] дальше »
2018-8-2 16:00
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Popular Bitcoin Cities in the World
In the space of nine years, Bitcoin has risen from an experimental digital currency to a global financial revolution. With each passing season, BTC’s popularity continues to grow exponentially. Bitcoin Popularity by Region Bitcoin is fast spreading to different regions of the world. дальше »
2018-8-1 17:51
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Venezuela Ties Own Currency to Sanctioned Petro as Maduro Talks of ‘Great Hope’
Venezuela will remove five zeros from its ailing currency, the bolivar, and peg it to its controversial Petro cryptocurrency, President Nicolas Maduro said in a public broadcast July 26. Maduro: Bolivar Will ‘Anchor Petro’ The Bolivar, which had become so inflationary that online gaming tokens such as World of Warcraft gold were a more stable store of value, is currently worth just $0. дальше »
2018-7-28 11:00
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Digital Currencies: An Iran, Venezuela Saviour Amid Sanctions and Inflation?
Both Iran and Venezuela are currently facing a tide of financial sanctions imposed by the United States. As you might expect, their respective governments are actively searching for ways to circumvent them. дальше »
2018-7-27 15:23
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Venezuela’s Move to Crypto and away from State Sanctions and Inflation
In order to curb inflation in Venezuela, five zeroes will be removed from the national currency, the Bolivar according to July 26, 2018, reports. Furthermore, the value of the money will reportedly be tied to the government-controlled cryptocurrency, the Petro. дальше »
2018-7-27 23:00
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Iran Preparing to Dodge US Sanctions Regarding National Cryptocurrency
Iran has confirmed it will press ahead with creating its own state-issued cryptocurrency to circumvent incoming U. S. . sanctions, local media Press TV reported July 25. Besides, it can help us at the time of sanctions. дальше »
2018-7-26 20:03
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Venezuela To Have a New Fiat Currency Anchored To Cryptocurrency Petro
A few hours ago, the president of Venezuela, Nicolas Maduro Moros, made a television announcement to the country in which he revealed new economic policies framed in what he described as a comprehensive plan to restore the country’s financial stability. дальше »
2018-7-26 19:06
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Iran Designs National Digital currency as New US Assents Linger
Iran may soon issue its own cryptocurrency as a way to bypass new economic sanctions enacted by U. S. President Donald Trump. A plan to develop an “indigenous” cryptocurrency is currently on the agenda of the government’s Science and Technology Department, according to Iran’s official news outlet PressTV. дальше »
2018-7-26 13:59
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Venezuelan Cryptocurrency User Donates Food And Supplies After Receiving $5,000 In Nano
A Venezuelan Reddit user, going by the name of Hector, recently took to the web forum to express his thanks after receiving a large donation from many members of the Nano community. For the uninitiated, Nano is a cryptocurrency project that focuses on instant and feeless transfers for day-to-day transactions. дальше »
2018-7-16 07:48
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Major Think Tank Envisions a Bright Future for Cryptocurrency in Venezuela
Addressing the financial situation in Venezuela will pose many challenges. Cryptocurrencies are still in the best position to make a meaningful impact in this regard. The Center for Strategic and International Studies is thinking along the same lines. дальше »
2018-7-13 17:00
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Cryptocurrencies Provide Humanitarian Aid to Conflict-Ridden Venezuela
The appalling economic crisis in Venezuela serves as a robust litmus test of peer-to-peer digital currency transfer mechanisms. Ongoing crypto aid efforts must be encouraged to help a “dire humanitarian situation. дальше »
2018-7-13 06:00
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Venezuela Crypto Charity Demonstrates Another Use Case
Markets may be red, but there’s plenty of heartwarming news in the cryptoverse. Currently making the rounds is the story of how Nano, one of the smallest and least-noticed currencies, is making a small but measurable impact on the lives of ordinary people in Venezuela. дальше »
2018-7-13 00:24
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Top 5 Groups of People Who Have Already Been Positively Impacted by Blockchain
The possibilities and ambitions of blockchain are endless and wildly exciting. The emerging tech has huge potential to massively change lives across the globe. However, along with looking into the future, it’s important to keep track of the past and present. дальше »
2018-7-12 02:00
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Cryptocurrencies Defeat Corruption in Venezuela: Reddit User Purchases Food for Community with NANO Donations
Although cryptocurrencies are widely regarded as a lucrative investment vehicle, it is easy to forget the original function of the decentralized assets: that of being a store-of-value quarantined from corruption and state interference. дальше »
2018-7-12 00:00
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Venezuelan Feeds Entire Community With Cryptocurrency Donation
A Venezuelan Reddit user who recently received a small donation of the cryptocurrency NANO wants to pay the generosity forward to others in need. More donations are streaming in to help purchase food and medicine for neighbors and families in the user’s community. дальше »
2018-7-9 15:00
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Dash Continues to Pave the Way for Cryptocurrency Adoption in Venezuela
Venezuela is a country which makes a lot of headlines, though not for the right reasons. Cryptocurrency has slowly begun making an impact in this country, even though it remains to be seen how successful all of these efforts will be. дальше »
2018-7-9 00:00
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Congress At Loggerheads With President Maduro Over Financing Housing Project Using Petro Cryptocurrency
A recent statement which was published by a local news media, Criptotendencia in the country reports that the Minister of Habitat and Housing Minister, Ildemaro Villarroel has revealed the government’s plan to build affordable houses for those who ordinarily can’t afford it. дальше »
2018-7-7 18:30
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Nano Community Feeds Multiple Venezuelan Families With Minor Donation Spree
A few days ago, an interesting story began to surface on Reddit. It was explained that a 0.5 NANO donation was worth more than the average monthly wage in Venezuela. That story has evolved in a positive direction, as the user receiving a donation in that amount successfully bought over 100 kilograms of food using the […] дальше »
2018-7-7 17:00
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Nano Community Rushes To The Aid Of Venezuelan User Amidst 40,000% Inflation
Venezuela’s economy has been breaking down for months, if not years, with its currency inflating unsustainably. This has lead users to seek ways other than the Venezuelan Bolivar to transfer value, with cryptocurrencies, like Nano, quickly becoming an alternative currency. дальше »
2018-7-6 09:19
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Homeless Housing Gets Funded by Cryptocurrency Petro in Venezuela
The Venezuelan Minister of Habitat and Housing Ildemaro Villarroel has announced that the country’s government is planning to fund the construction of houses for the homeless with the national cryptocurrency Petro, Criptotendencia reports Thursday, June 5. дальше »
2018-7-6 06:36
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Venezuela to Fund Housing for Homeless With National Cryptocurrency Petro
The government of Venezuela is funding a housing initiative for the homeless with the national oil-backed cryptocurrency, the Petro
дальше »2018-7-6 04:08
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The Price Decline of Cryptocurrency is Trivial in Comparison to Venezuela’s Financial Woes
It is still believed cryptocurrency will have a positive impact, although it may not be in the form of Bitcoin or even the Petro. Venezuela and Nano Mix Well According to a recent Reddit thread, the financial situation in Venezuela is only getting worse. It is evident financial hardship has become the new normal in дальше »
2018-7-3 17:57
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Cryptocurrency Price Declines Are Trivial Compared to Venezuela’s Financial Woes
The financial situation in Venezuela looks anything but impressive. Financial hardship has become the new normal in this part of the world. It is still believed cryptocurrency will have a positive impact, although it may not be in the form of Bitcoin or even the Petro. дальше »
2018-7-3 03:00
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The Daily: Analysts Predict Bitcoin Will Rebound, Enthusiasm for State Coins Lost
In today’s Bitcoin in Brief we mention some optimistic mid to long term predictions for crypto markets. And while decentralized currencies are hurting in a bearish month, the prospects for state-issued virtual money look even dimmer. дальше »
2018-6-23 14:35
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Bitcoin: Can cryptocurrency help turn the tide in a volatile currency market?
Sometimes standing up for bitcoin also means standing up for your homeland and fellow citizens, in search of a better way. The latter display of bravery is embedded in the recently launched Let’s Talk Bitcoin! That’s where LTB correspondent Christian Garcia steps up with a report from a country in crisis, reminding listeners about the дальше »
2018-6-23 23:49
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Venezuela Government Worried As Bitcoin Buying Skyrockets With Hyperinflation
Venezuela authorities are worried as they see hyperinflation driving bitcoin trading volumes beyond control. In the last week, the records have been astonishingly high, as trading in the ‘grey market’ financial trading continued to soar. дальше »
2018-6-22 17:21
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Venezuela: Record Bitcoin Buying Spree Continues Amid Hyperinflation
Hyperinflation is rampant in Venezuela as bitcoin trading volume keeps hitting new records each week. Meanwhile, authorities are scratching their heads on how to rein in the burgeoning, albeit underground industry, including attempts to crackdown on the importation of cryptocurrency mining equipment. дальше »
2018-6-22 03:00
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Cambodia makes crypto illegal without license
Dealing in cryptocurrencies without obtaining a license from relevant authorities has been declared illegal in Cambodia, according to an official statement published Tuesday, June 19. The authorities specify these risks as including the fact that cryptocurrencies’ issuance is “not backed by collateral,” vulnerability to cybercrime, price volatility, and a lack of investor protection mechanisms that дальше »
2018-6-20 23:16
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Why is the Venezuelan Government tracking all Crypto holders ?
In the last few months the Venezuelan government has been searching for anyone who officials deem to be “undermining the national currency”. While the government has formally approved of a number of cryptocurrency exchanges to open up for business, several have been shut down as part of the government’s move to strictly regulate the cryptocurrency […] The post Why is the Venezuelan Government tracking all Crypto holders ? appeared first on ZyCrypto. дальше »
2018-6-18 13:33
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Venezuela monitoring bank accounts for Grupo transactions begin
Regulation The government of Venezuela has started monitoring the bank accounts of its citizens for cryptocurrency-related transactions. Accounts found to contain crypto transactions at prices which the government considers to be “undermining the national currency” will be “severely punished,” Vice President Tareck El Aissami said. He revealed that, as part of Operation Paper Hands, “5 дальше »
2018-6-15 15:42
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Crypto Mining Company Responds to Android Malware Outbreaks
A mining equipment company CEO has responded to issues raised by mining malware hacks infiltrating Amazon Fire software and Android devices saying that it is not representative of the industry. Talking to NewsBTC, he also said that more crypto mining companies are likely to get listed on the London Stock Exchange (LSE). дальше »
2018-6-14 17:00
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The United Kingdom’s Financial Monitor Releases Statement to Banks on Crypto Risks
The U. K. ’s Financial Conduct Authority (FCA) has written to bank CEOs over the potential risks they face when dealing with cryptocurrencies. As the British regulator for around 58,000 financial services firms and financial markets in the U. дальше »
2018-6-11 21:45
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