Venezuela opposition’s Bitcoin reserve plan must overcome political turmoil first
Opposition leader María Corina Machado proposed adding Bitcoin to Venezuela’s reserves for a new era led by Edmundo Gonzalez. Go to Source
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Opposition leader María Corina Machado proposed adding Bitcoin to Venezuela’s reserves for a new era led by Edmundo Gonzalez. Go to Source
Binance has assured its users that their funds are safe after Venezuela cut off access to the exchange and social media platform X. Go to Source
In a surprising turn of events, Tron founder Justin Sun has announced that the highly anticipated fight between Elon Musk and Venezuela’s President, Nicolás Maduro, could take place at the Grenada National Stadium. Sun, who was appointed as Grenada’s Ambassador and Permanent Representative to the World Trade Organization in 2021, has offered to cover all … Read more
Bitcoin adoption has been on the rise in Venezuela in recent years amid hyperinflation and the national currency crisis. Go to Source Powered by WPeMatico
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six zeroes from the currency, to make payments and currency handling easier, according to earlier statements. However, just hours after applying this measure, the bolivar lost more than 20% of its … Read more
The president of the National Association of Cryptocurrencies of Venezuela (Asonacrip) praised the recent bull run seen in bitcoin’s prices across the board, which “favors the usability of a very novel crypto asset,” such as the petro (PTR). Petro Is Gathering Strength Due to Its Surging Prices in the Secondary Market, Says Venezuela’s Asonacrip During … Read more
An unofficial referendum pursued by the Venezuelan opposition leader Juan Guaidó took place over the weekend in Venezuela powered by a blockchain platform, while at the same time, parliamentary elections called by the president Nicolás Maduro also had its scenario in a widely criticized, qualified by many countries as a “fraud.” Venezuela’s Guaidó Orchestrated Parallel … Read more
The Venezuelan army turns to crypto mining as the country’s economy collapses. Go to Source Powered by WPeMatico
Crypto garnered another mention in one of Maduro’s bombastic speeches. Go to Source Powered by WPeMatico
Venezuela’s Maduro just lost a ruling regarding his supposed gold ownership. Go to Source Powered by WPeMatico