Petro

Venezuela’s Petro Cryptocurrency Ends its Run

KEY TAKEAWAYSVenezuela's national cryptocurrency, Petro, will shut down on January 15 after a six-year lifespan.Initially created to circumvent U.S. sanctions, Petro was backed by...

Maduro’s scheme to give away petro to Venezuela’s youth is good for bitcoin

The government of Venezuela will not let its petro cryptocurrency dreams die.  And Venezuela’s embattled president, Nicolás Maduro, now has a new plan to...

The petro is real and Venezuelans are slowly starting to trade it

The petro is at once the technological savior of Venezuela’s economy and the biggest fraud ever perpetrated by President Nicolás Maduro’s socialist government, depending...

US Treasury Accuses Russian Bank Of Helping Venezuela Skirt US Sanctions Via Petro

This action signals an increase in US pressure on the Venezuelan government.The US Treasury Department has alleged that Evrofinance Mosnarbank (Evrofinance), a Russia-based financial...

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Google AppSheet Phishing Wave Hits 30K Facebook Accounts

Vietnamese threat actors used Google AppSheet as a phishing relay to compromise roughly 30,000 Facebook accounts.The campaign, codenamed AccountDumpling,...

Trump to hike EU auto tariffs to 25% from next week

Former US President Donald Trump announced via social media that tariffs on European Union cars and trucks will rise...

Ethereum Foundation Sells $23M in ETH to BitMine

The Ethereum Foundation sold 10,000 ETH to BitMine Immersion Technologies for approximately $22.9 million.This marks the Foundation's second consecutive...