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Pandemic Assistance: Maduro to Airdrop Cryptocurrency to All Doctors in Venezuela
4.4.2020
Venezuela’s President Nicolas Maduro has announced that he is airdropping cryptocurrency to every doctor in his country as a token of appreciation for their work to combat the coronavirus outbreak. The national cryptocurrency, the petro, will be distributed via the Homeland card (Carnet de...
As Hospital's Crumble, Venezuela's President Airdrops Petros to Doctors
3.4.2020
Venezuelan doctors will receive one Petro each as a bonus, even as hospitals face widespread shortages of vital resources
Fed’s Quantitative Easing Strategy Holds Long-Term Benefits for Crypto
1.4.2020
The economic crisis may lead to a more decentralized world, in which blockchain technology can thrive, says Zetlin-Jones. Does the ongoing QE impact the crypto industry?
Venezuela’s Struggling Internet Could Make Crypto Trading Tough
28.3.2020
Venezuelans are facing slow internet times, which could make crypto trading difficult
No Evidence of Crypto-Related Charge in Maduro Drug Cases
27.3.2020
Charges against Maduro and other Venezuelan heads don’t involve crypto directly, three different lawyers say
National Digital Currencies: Not Yet Too Big to Fail
26.3.2020
What obstacles would national digital currencies face, and are there any benefits to launching them?
Cryptocurrency Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
25.3.2020
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U.S., South...
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Banking Shut Down Drives Crypto Adoption Among Venezuelans
19.3.2020
Venezuela is one of several South American nations to see growing P2P crypto amid strict coronavirus quarantining measures
Flipstarter Reveals Eatbch and BCH Development Funding Goals – Blog Post Receives $2k in Tips
25.2.2020
On Sunday, developers of the Flipstarter.cash project announced the start of private testing for the platform’s BCH assurance contracts and the team also revealed the first two funding projects. One of the first funding goals will be raising bitcoin cash for the nonprofit food charity Eatbch...
Bitcoin Cash House Ghana Finds Liquidity Provider, Seeks to Partner With Mobile Money Services
21.2.2020
Bitcoin Cash House Ghana has announced they’ve found a liquidity provider for converting between BCH and Ghanaian cedi, and are now preparing to furnish their building and move in, preparing for official launch on March 1. A new read.cash post from organizer Kousha detailed the status of...
Venezuelans Selling Petro on LocalBitcoins at Half the Official Price
22.1.2020
Venezuelans have turned to LocalBitcoins to sell their airdropped Petro
Venezuelan Team Working on Bitcoin Mesh Network Based on Offline Radios
21.1.2020
A Venezuelan project is working to ensure access to crypto even when offline
Maduro Announces Crypto Casino in Support of Petro and Public
20.1.2020
Venezuela’s Maduro announces crypto casino to run on country’s Petro
Maduro Opens Crypto Casino in Venezuela
20.1.2020
Venezuela’s President Nicolas Maduro has authorized the opening of a casino at a luxury hotel in Caracas where bets must be placed in petros, the country’s national oil-backed digital currency. Several cryptocurrencies and fiat currencies can be exchanged into petros to wager in...
Venezuela to Launch a ‘Crypto Casino’ in Caracas + More News
20.1.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
The Venezuelan government will create a “crypto casino” in the Hotel Humbolt de Caracas in the country’s capital....
Venezuela’s Maduro: Airlines Must Use Petros to Pay for Fuel
15.1.2020
The state oil company will only accept petro for airplane fuel, per a new decree from Venezuela's president
Maduro Orders State-Run Firm to Sell 4.5M Oil Barrels for Petro
15.1.2020
Venezuelan President Nicolas Maduro signed a decree to sell 4.5 million barrels of oil for Petros
Crypto Community Eyes US–Iran Crisis As Tensions Flare
14.1.2020
As good as gold? Not so fast. “It appears a decent internet connection is crypto’s newest Achilles heel.”
Problems Escalate in Venezuela as Millions Rush to Spend Petros
7.1.2020
According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount. At least...