Venezuela’s Central Bank Unveils App to Convert New Crypto-Pegged ‘Sovereign Bolivar’
Hyperinflation in Venezuela is so bad, the nation’s Central Bank has released an Android app to help citizens calculate how ...
Tag: Venezuela
Dash Adoption Grows in Venezuela Amidst Hyperinflation
Dash, the 14th-ranked cryptocurrency by market capitalization, is reportedly experiencing increased adoption in Venezuela via an increase in wallet downloads ...
New Venezuela Bolivar A ‘Scam On Top Of Another Scam,’ Says Media
The government of Venezuela pegging its national currency to cryptocurrency Petro and relaunching is a “bigger stunt” than 1920’s Germany ...
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 ...
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 ...
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 ...
Venezuela: The Price of Bitcoin is Now Doubling Every 18 Days
The price of Bitcoin in Venezuela is now doubling roughly every three weeks as hyperinflation continues to plague the country. ...
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 ...
