Venezuela Petro Cryptocurrency ‘Will be Worth $5.9B’ Says Maduro
Crisis-hit Venezuela will issue its own oil-backed cryptocurrency, Petro, with an implied value of $5.9 billion as its economy continues ...
Tag: Venezuela
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. ...
Crude Oil to Support Venezuela’s Petro Cryptocurrency
Venezuela’s first state-run cryptocurrency will be backed by three of the country’s major natural resources. Venezuela previously announced their intention to ...
Venezuela Now Requires Bitcoin Miners to Register with the Government
Bitcoin mining has exploded in Venezuela due to the country's massive hyperinflation. Now the Venezuelan government is requiring bitcoin miners ...
Wealthy Families in Latin America Snapping Up Bitcoin
The average citizen in many Latin American countries has turned to Bitcoin in order to survive, and now many wealthy ...
Localbitcoins Sets Biggest Gain Ever As Venezuelans Exit Fiat
Bitcoin’s price spike and increasing adoption have fuelled a Localbitcoins trading surge that has dwarfed any in the cryptocurrency's history. ...
Venezuela Launching Oil-Backed Cryptocurrency – the Petro!
President Nicolas Maduro of Venezuela has announced the creation of a new national digital currency - the Petro. He believes ...
Nobel Laureate Economist Claims Bitcoin ‘Ought to be Outlawed’
As Bitcoin's price continues to climb past $10,000, one Nobel Laureate Economist says Bitcoin is a bubble, lacking in all ...
