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Venezuela Pro-Bitcoin Opposition May Use Maduro’s Sanctioned...

Bitcoin adoption crucible Venezuela could end up using its own sanctioned funds to topple the government if plans go ahead for an “army” of foreign mercenaries. Sources: Plans For...

Esther Kim | Apr 30, 2019 | 15:00
venezuela petro
News

Venezuela President Urges Investors To Buy Petro As Citizens Prefer...

The president of Venezuela has issued an open call for foreign investors to buy up the country’s notorious state-issued cryptocurrency, despite international sanctions. Maduro...

Esther Kim | Apr 25, 2019 | 12:00
Russia Venezuela Petro
News

Russia Says Venezuela’s Petro Acceptance ‘Not...

Russia has not discounted the idea of using state-issued cryptocurrency Petro in commercial operations with Venezuela. Russia: No Petro Payments ‘Yet’ Those were the words...

Esther Kim | Dec 14, 2018 | 09:00
In July, Bitcoinist reported on Venezuelan Nicolás Maduro's efforts to see the Petro become his avowed 'Great Hope.'
News

Venezuela Artificially Inflates Petro 150 Percent As Bitcoin Sets New...

Venezuela saw yet another new record for Bitcoin use December 1 after another week of economic shake-ups made the cryptocurrency more appealing than ever. 1 Week, 1300 Bitcoins Data...

Esther Kim | Dec 03, 2018 | 06:00
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Altcoin News

Venezuela Finally Launches Controversial State-issued Petro...

Venezuela’s President Nicolas Maduro recently announced the official launch of the Petro cryptocurrency. In a follow-up development, the government says payment for travel passports...

Osato Avan-Nomayo | Oct 07, 2018 | 10:00
Maduro: Petro Public Sale In November While Website and Wallet Are Live
News

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

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 | Oct 03, 2018 | 05:00
In July, Bitcoinist reported on Venezuelan Nicolás Maduro's efforts to see the Petro become his avowed 'Great Hope.'
News

Venezuela Ties Own Currency to Sanctioned Petro as Maduro Talks of...

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...

Wilma Woo | Jul 28, 2018 | 04:00
News

India: No Plans to Use Venezuelan Petro to Pay for Crude Oil

India has no plans to use Venezuela’s cryptocurrency – the Petro – to pay for crude oil imports from the South American country. India is already a regular customer...

Nigel Gambanga | May 30, 2018 | 09:30
Petro
Altcoin News

Central Bank of Venezuela to Receive $1 Billion from Petro Sale

The Central Bank of Venezuela will receive $1 billion from the proceeds of the Petro sale.  Petro Sale Exceeds $3 Billion President Nicolas Maduro made the announcement in a statement...

Osato Avan-Nomayo | Apr 27, 2018 | 15:00
In July, Bitcoinist reported on Venezuelan Nicolás Maduro's efforts to see the Petro become his avowed 'Great Hope.'
News

Venezuela’s Petro Now Purchasable with Foreign Fiat

Last month, Venezuela became the first country to issue its own cryptocurrency with the launch of the purportedly oil-backed Petro. Now, the digital currency is available for purchase...

Adam James | Mar 25, 2018 | 04:45
Breaking News

President Trump Bans US Citizens from Buying Venezuela’s Petro

The Venezuelan Petro’s alleged astronomical success could be under threat as US President Trump puts plans in process to prohibit American citizens from purchasing the digital...

Nikita Blows | Mar 19, 2018 | 16:00
Petro is a farce
News

Petro is a Terrible Investment (If You Didn’t Already Know)

Near the middle of February, collapsing socialist country Venezuela launched Petro — the world’s first state-issued cryptocurrency — purportedly backed by the country’s oil...

Adam James | Mar 06, 2018 | 16:00

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