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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Hong Kong Asset Managers Eye Bitcoin ETF Market

Hong Kong-based asset managers are applying for spot Bitcoin exchange-traded funds (ETFs).Major firms like VSFG and Value Partners have...

Namecheap CEO Plans to Sell .wallet Handshake Domains Again

Namecheap's CEO announces the return of .wallet Handshake domains for sale.Legal battles continue between different blockchain naming systems.Handshake is...

Terraform Labs Faces Trial in New York Amid Fraud Allegations

Terraform Labs and Do Kwon go on trial in New York for fraud.The SEC accuses them of deceiving investors...

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