maduro venezuela
News

Venezuela: Maduro Administration Targets Bitcoin Remittance

The Venezuela government is reportedly making a move towards collecting fees on Bitcoin remittance payments in the country. This step comes as the cash-strapped Maduro administration...

Osato Avan-Nomayo | 1 year ago
Petro venezuela
Altcoins

Petro… Petro… Get ’em While They’re Hot!

After what seems like an unnecessarily long bout of teasing, we can finally get our hands on all those lovely Venezuelan Petro.  As Bitcoinist reported earlier this month, the Petro...

Emilio Janus | 2 years ago
Maduro Venezuela bitcoin
News

Maduro: Petro Public Sale In November While Website and Wallet Are Live

Venezuelan President Nicholas Maduro has made a series of announcements concerning the Petro. Currently, the public sale for the controversial virtual currency is set for November 5th...

Kevin O’Brien | 2 years ago
Venezuela's Petro Cryptocurrency is Missing In Action
News

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...

Danny Scopelliti | 2 years ago
Venezuela's Central Bank Unveils App to Convert New Crypto-Pegged ‘Sovereign Bolivar’
News

Venezuela’s Central Bank Unveils App to Convert New Crypto-Pegged ‘Sovereign...

Hyperinflation in Venezuela is so bad, the nation’s Central Bank has released an Android app to help citizens calculate how many new sovereign bolivar units they possess. The release...

Kevin O’Brien | 2 years ago
Petro
News

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...

Kevin O’Brien | 2 years ago
bitcoin donations Venezuela
News teaser

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...

Kevin O’Brien | 2 years ago
Venezuela
Altcoins

Venezuela Decides One Coin’s Not Enough, Readies New ‘Petro Gold’ Token

Things are only getting weirder in Venezuela, as President Nicolas Maduro decides that one state-issued cryptocurrency farce isn’t enough. Now, the socialist country with a crumbling...

Adam James | 2 years ago
Petro
News

Over 860,000 Have Signed Up to Mine the Venezuelan Petro

President Nicolas Maduro announces that 860,811 young people have registered to mine the Petro, the new national cryptocurrency of Venezuela. Paper Virtually Worthless Economically...

Jeff Francis | 2 years ago