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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OCC Head Denies Political Pressure Over Trump-Linked Crypto Charter

OCC head Jonathan Gould denied receiving presidential orders to fast-track a national trust charter for World Liberty Financial, a...

Bill to Ban Lawmaker Stock Trades Could Include Prediction Markets

Rep. Bryan Steil plans to expand a congressional stock trading ban to explicitly include prediction markets like Polymarket and...

Soongsil University Joins Theta’s AI Research Network

Soongsil University's HUMANE Lab has joined Theta's academic network, becoming its 36th member.The lab is using Theta's decentralized GPU...