Seven Venezuelans claim to have been lured into a $30 million Ponzi scheme with a cryptocurrency pegged to diamonds
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Venezuelan Investors File Lawsuit With US Court in Connection With $30M Crypto Fraud
Category: Venezuela
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FDD Assesses Risks of Crypto Use by Countries Under US Sanctions
The FDD has analyzed how countries such as Russia, China, Venezuela, and Iran are deploying digital currency technology
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Argentina Drives Global LocalBitcoins Volume to Highest Since November
LocalBitcoins, a Finnish peer-to-peer bitcoin exchange, has seen its trading volume hit a high not seen since November 2018
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President Maduro Orders The Bank of Venezuela to Accept Petro Crypto
Because of an order emitted by Venezuela’s President Nicolas Maduro, the country’s leading bank Banco de Venezuela will accept the Petro
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New Study: US Dominates Crypto Twitter While Venezuela ‘Most Negative’
Accounting for almost 40% of bitcoin tweets worldwide, the United States looms large over crypto twitter, a new analysis shows
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Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up
Venezuela is being crushed by staggering hyperinflation as a sharply divisive political crisis has the economy in ruins. Some are seeking refuge in alternatives to the national currency, like foreign fiat and crypto. The situation also calls into question the long-term trajectories of other, less volatile economies. National banks globally have been consistently struggling to […]
The post Bitcoin and Black Market Fiat: Hyperinflation Crushes Venezuela as Global Devaluation Ramps Up appeared first on Bitcoin News.
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Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation
Venezuelans are used to their currency costing less than the paper it’s printed on. Economic misfortunes and political upheaval place their country at the bottom of all inflation charts, year after year. The latest incarnation of the national fiat, Bolívar Soberano, has succumbed to the illness of all previous emissions – rapid depreciation. The government […]
The post Venezuela Issues 50,000 Bolivar Bill Amid Persistent Hyperinflation appeared first on Bitcoin News.
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Local.Bitcoin.com Shows Lots of Active BCH Listings From Traders Worldwide
Six days ago news.Bitcoin.com announced the launch of Local.Bitcoin.com, a peer-to-peer marketplace that allows people to trade bitcoin cash (BCH) in a private manner. Since then there have been roughly 14,000 accounts created so far, and many people are actively trading throughout various countries worldwide. Also read: G20 Starts Crypto Discussions – A Look at […]
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Hotels and Realtors in Venezuela’s Historic Cumaná City Accept Bitcoin Cash
For years Venezuelans have been surviving the harsh economic climate of their country, beset by hyperinflation and political instability. Small businesses have been hit the hardest. But even in these difficult conditions, the ingenuity and hard work of Venezuelan entrepreneurs has allowed them to provide food for their families and services to their communities. Many […]
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There’s 100 Unclaimed Bitcoin Cash Wallets Hidden Worldwide
Over the last few months, the geocaching treasure hunt Findbitcoin.cash has gathered a bunch of new hidden BCH treasures. At the time of publication, there are approximately 105 concealed bitcoin cash wallets hidden all over the world with a large portion of these funds hidden in the U.S. and Australia. Also read: Bitcoin.com’s Local Bitcoin […]
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