2018-8-28 23:50 |
The recent changes to Venezuela’s currency have yet to stop the nation’s economic free fall, leading many Venezuelans to resort to cryptocurrency. But not the one the government issued.
origin »
|
Reddit Co-founder Alexis Ohanian has revealed his optimism about the future success of bitcoin despite the daily slump in price in an interview with Yahoo Finance.
2018-8-27 18:22 | |
|
|
And it won't solve the country's economic problems either.
The post Venezuela’s Oil-Backed Cryptocurrency Is Giving Blockchain A Bad Name appeared first on Futurism.
2018-8-24 16:55 | |
|
|
Venezuela’s economic conditions are worsening by the day, and the authorities have turned to digital coins to help facilitate growth. However, what started with the “Petro” as a digital currency experiment has now given way to a unique (albeit crazy) plan of the Maduro-led government.
2018-8-23 21:01 | |
|
|
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.
2018-8-19 15:00 | |
|
|
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA.
2018-8-16 00:26 | |
|
|
Petro cryptocurrency is to receive an official status of the Venezuelan second official currency, which is believed to be a tool for overcoming economic difficulties. The post Venezuela is Set to Use its Controversial Petro Cryptocurrency as an Official Accounting Unit appeared first on CoinSpeaker.
2018-8-15 15:18 | |
|
|
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.
2018-7-28 11:00 | |
|
|
Iran might soon take a page out of Venezuela’s playbook by launching its own state-issued cryptocurrency. The move is occasioned by the fact that the country is set to come under renewed economic sanctions from the United States.
2018-7-27 11:00 | |
|
|
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.
2018-7-26 19:06 | |
|
|
When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong.
2018-7-14 19:30 | |
|
|
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.
2018-7-13 06:00 | |
|
|
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.
2018-7-12 00:00 | |
|
|
The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
|
|
Developer Jonathan Wheeler plans to airdrop bitcoin across Venezuela, in an ambitious attempt at quelling the country's ongoing economic crisis.
2018-6-28 11:00 | |
|
|
As many advocate to replace the U. S. dollar as the global reserve currency, Bitcoin and nationalized cryptocurrencies may finally offer Muslim countries economic stability and leeway in Western politics.
2018-6-14 15:27 | |
|
|
Privacy isn't about hiding or obscuring—it's about having the power to decide what information you share, when you share it, and with whom.
Blockchain will be the cornerstone of the world, providing the financial and governance framework for all intelligent entities, whether biological or artificial.
World Liberty Finance (WLFI), the DeFi protocol backed by President Donald Trump’s family, acquired over $1. 9 million of MOVE tokens on Jan. 28. The move comes amid separate reports that Movement Labs is among the firms discussing blockchain usage with Elon Musk’s Department of Government Efficiency, also known as DOGE.
X, the platform formerly known as Twitter, announced its first foray into financial services in partnership with Visa. The initiative introduces the X Money Account, a digital wallet allowing users to transfer funds, make peer-to-peer payments, and connect with traditional banking.
What does DeepSeek’s shake-up mean for crypto’s future, and could its cost-effective approach create new opportunities for decentralized AI applications and GPU-reliant ecosystems? DeepSeek getting all the attention On Jan.
Blockchain technologies can provide a reliable decentralized infrastructure for secure communications—a bastion they are unlikely to overcome
Ethereum co-founder Vitalik Buterin issued a stark warning about the potential dangers of “politician coins,” calling them a “perfect bribery vehicle” that could undermine the integrity of democratic systems.