Venezuela – DIGIT INFO

Binance Pledges $3 Million in USDT to Aid Victims of Devastating Venezuela Earthquakes

DIGIT — Sat, 27 Jun 2026 16:35:28 +0000

The exchange will deliver these funds by distributing $20 USDT vouchers to users in the areas affected by the recent earthquakes. Binance is also eliminating P2P transaction fees for Venezuelan bolivars until July 2, and waiving Binance Pay fees. Binance Charity Donates $3 Million To Support Venezuelans The cryptocurrency industry is taking action to support […]

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Bitfinex Report Highlights Tokenization as the Key to Venezuela’s Economic Rebuild

DIGIT — Sat, 13 Jun 2026 03:30:13 +0000

In a recent report, Bitfinex Securities highlights the relevance of tokenization in modernizing and streamlining Venezuelan market operations, democratizing investment options for companies facing capital-raising difficulties and investors seeking access to markets traditionally managed by large institutions. Bitfinex Report: Tokenization Might Drive Internationalization of Venezuelan Markets Forward In its Securities Latin America Market Inclusion Report, […]

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Coinbase Co-Founder Meets with US and Venezuelan Officials in Major Investment Push

DIGIT — Sat, 16 May 2026 07:05:09 +0000

Ersham has reportedly been meeting with Venezuelan officials, floating possible investments in the energy and fintech sectors. He recently appeared in a tech event hosted by Banco de Venezuela, promoting the nation’s potential to become the “best country in Latam.” Coinbase’s Fred Ersham Shows Interest in Venezuela’s Economic Recovery Potential While Venezuela has been battling […]

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Venezuela Upholds Crypto Mining Ban as Power Demand Hits 9-Year Peak

DIGIT — Fri, 08 May 2026 20:10:26 +0000

The Venezuelan government reiterated a nationwide ban on cryptocurrency mining as the country faces an energy crisis, with demand rising to record levels. Authorities attributed this peak in consumption to the economic growth and an ongoing heat wave. Venezuela Reiterates Crypto Mining Ban, Says Illicit Mining Activities Will be Sanctioned Cryptocurrency mining, as an energy-intensive […]

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Maduro Raid Commando Pleads Not Guilty After $400K Polymarket Bet on His Own Mission

DIGIT — Thu, 30 Apr 2026 05:30:57 +0000

U.S. Army Master Sergeant Gannon Ken Van Dyke pleaded not guilty Tuesday to five federal charges over a series of Polymarket bets that turned $33,000 into more than $404,000, in what prosecutors describe as the first insider-trading case ever filed against a prediction-markets trader. Key Takeaways: Van Dyke pleads not guilty to five federal charges […]

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TRM Labs Highligihts Rise of Stablecoins in Venezuela

DIGIT — Mon, 27 Apr 2026 02:30:35 +0000

TRM Labs’ latest report on global cryptocurrency adoption stressed that stablecoins are being used in Venezuela as part of retail users’ arsenal to deal with high inflation and capital-constrained environments, countering currency instability and capital controls as parallel currency markets surge. Key Takeaways: TRM Labs reports a Q1 2026 shift to USDT, boosting Venezuela’s volume […]

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CFTC Charges Polymarket Trader in First Event Contract Insider Trading Case

DIGIT — Sat, 25 Apr 2026 05:48:49 +0000

CFTC insider trading charges against a U.S. Army service member escalate scrutiny of prediction markets. The case raises new legal and national security concerns around event contracts tied to government information. Key Takeaways: First CFTC action targets insider trading in event contracts. Insider trading charges show Army member used classified data to profit. Polymarket bets […]

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Economist Proposes National USD Stablecoin to Eliminate Currency Controls in Venezuela

DIGIT — Fri, 17 Apr 2026 10:30:27 +0000

Alejandro Grisanti, head of Ecoanalitica, proposed issuing a national USD stablecoin as part of a series of measures to lift currency controls in Venezuela. This system would complement the current auction system, allowing the excluded sector to receive dollars via blockchain rails. Key Takeaways: Ecoanalitica proposes a stablecoin to fix local dollar shortages, driving future […]

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Analysts: Venezuela’s Oil Industry Resurgence May Precede a Flared-Gas Bitcoin Mining Boom

DIGIT — Fri, 06 Feb 2026 08:30:36 +0000

Several local mining experts agree that there is sufficient gas in the country to establish a mobile fleet of bitcoin miners directly adjacent to oil extraction operations. Estimates set the gas lost to flaring operations in the country at 13,000 cubic meters, which could be used to power bitcoin mining farms. Venezuela Might Become a […]

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Citgo’s Venezuelan Crude Purchase Signals a Turn in US Policy

DIGIT — Sat, 31 Jan 2026 23:30:29 +0000

Following the capture of the President of Venezuela Nicolás Maduro, reports indicate that the U.S. has sold its first shipment of Venezuelan crude, fetching $500 million. At the same time, oil—the world’s second-largest asset by market capitalization—has climbed nearly 14% since the start of the year amid geopolitical strain and escalating trade wars. Citgo Acquires […]

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