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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Volatility Risks Loom For Bitcoin Amid Macro Data, Technical Pressure

Analysts warn a data-heavy macro week with rate decisions and U.S. labor reports could spark volatility across crypto and...

Ex-Girlfriend Accuses Justin Sun of Fraud & Smuggling

A blogger, Zeng Ying, accuses Tron founder Justin Sun of manipulating TRX prices and fleeing China illegally.She alleges Sun...

Coinbase Accuses Australia’s Big Four Banks of Systemic Debanking

Coinbase has formally accused Australia's Big Four banks of systemically debanking crypto and fintech firms, calling it a threat...

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