Petro
News
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...
News
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...
News
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...
News
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...
Latest news
Crypto Market Hit by Record $19B Liquidation, $65B Interest Wiped Out
A record $19 billion in crypto assets were liquidated during the market crash on October 10.The event led to...
Morgan Stanley Turns Bearish, Sees S&P 500 Drop Amid Tensions
Morgan Stanley shifts to a bearish outlook on the S&P 500 following last week’s sharp market decline.
The S&P 500...
Expert: Musk’s New $1T Pay Plan Focuses on Real Value for Tesla
Tesla proposed a new compensation plan for Elon Musk, tied solely to achieving set milestones and value creation.The package...
