Tag:Petro

Venezuela Pushing Citizenry to Use State Crypto, El Petro, for Remittances

Calling el Petro, “the simplest, easiest, and safest way to send money…(and) the only way to avoid depreciation of income,” Venezuelan politicians are now...

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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Mercuriex Cryptocurrency Exchange Launches New Utility Token, SURF

MercuriEx Cryptocurrency Exchange, originally developed in 2017, came under new ownership in December 2019. Since taking over the exchange,...
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Fungibility: Bitcoin Mixers Favorite Term That No One Understands

Fungibility, perhaps the most important concept when dealing with a decentralized and anonymous currency, but does bitcoin...

Crypto can’t thrive in the real world – but stablecoins can

We can safely say that the hype about cryptocurrencies is pretty much over. The claims of Bitcoin...

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Mercuriex Cryptocurrency Exchange Launches New Utility Token, SURF

MercuriEx Cryptocurrency Exchange, originally developed in 2017, came...

Fungibility: Bitcoin Mixers Favorite Term That No One Understands

Fungibility, perhaps the most important concept when...