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Argentina’s Peso Plunges After Central Bank Tightens Foreign Exchange Controls: Citizens Discuss Bitcoin Adoption
18.9.2020
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. The latest...
Argentina Government Refuses to Pay $4M Bitcoin Ransom to Hackers Who Paralyzed Its Borders
9.9.2020
The government of Argentina has reportedly refused to pay a $4 million bitcoin ransom demanded by hackers who hijacked the country’s immigration systems, temporarily crippling cross-border movements. On Aug. 27, the cybercriminals – now identified as a group calling itself Netwalker...
Ransomware hackers shut down Argentina’s borders, demand $4M BTC
7.9.2020
Officials shut down border checkpoints for 4 hours on Aug. 27
73% of Argentines Say Cryptocurrency Best for Saving in Economic Crisis: Survey
29.8.2020
A survey of Argentina’s citizens shows that 73% believe cryptocurrency is the most effective saving method in the current economic crisis, such as to hedge against high inflation. Strong Crypto Sentiment in Argentina Global peer-to-peer (P2P) bitcoin marketplace Paxful released the results...
Crypto Comes to Argentina Primera División Football League + More News
19.8.2020
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Adoption news
Club Atlético Independiente has become the first Argentinian professional football club to issue its own digital token, reports...
Inflation-riddled Argentina Starts Teaching How to Buy Bitcoin, Ethereum
12.8.2020
If you are lost in the world of crypto, or are a newbie looking to make your first bitcoin (BTC) trade, have no fear – the Argentinian government is ready to take your through your first steps into the Cryptoverse while the inflation rate in the country is still one of the highest in...
India Leads P2P Volume Records Among Emerging Markets
22.7.2020
Numerous emerging crypto markets are showing dramatic growth in P2P trade, with India and Ghana producing enormous growth during 2020
Telecom Argentina S.A Hit by Major Ransomware Attack, Criminals Demand $7.5M Worth of Monero
21.7.2020
Telecom Argentina S.A has been hit by a ransomware attack and the cyber-criminals are demanding $7.5 million paid in the privacy coin monero. The Spanish language site, elperiodista.com quotes anonymous employees stating that the attack started last Wednesday. Initially thought to be a small...
Argentine Telecom Hackers Demanded $7.5 Million in Crypto as Ransom
20.7.2020
Argentina’s leading telecommunications company fought off a cyberattack on Saturday where hackers demanded a hefty ransom in monero to release keys that would allow infected computers back into the system
Major Argentine Telecom Falls Victim to $7.5M Monero Ransomware Attack
20.7.2020
Argentina's largest telecommunications company has fallen victim to a $7.5M ransomware attack
Hackers Hack Telecom Argentina, Demand USD 7.5 Million In Monero
20.7.2020
Telecom S.A., the largest telecommunications company in Argentina, has suffered a ransomware attack as hackers demand USD 7.5 million in privacy coin Monero (109,345 XMR) to be paid until the night of Tuesday, July 21. If the company does not meet the deadline, the payable amount will rise to...
Why Banks Keep Blocking Cryptocurrency-Related Transactions
12.7.2020
The close interaction between traditional finance and regulators is the key element in the development of the cryptocurrency industry
$1.4M in Bitcoin Transactions: New High for Argentina as Confidence in the Peso Tanks
9.7.2020
Crisis laden Argentina saw bitcoin transactions worth $1.4 million (101 million pesos) being recorded in the past week, a new high for the country. According to a report by Vorem, this figure is nearly double the previous high of $0.96 million recorded in the last week of June. Citizens who have...
Bitso Hits 1M Users as Crypto Adoption Spikes in Latin America
9.7.2020
Ripple and Coinbase-backed cryptocurrency exchange Bitso has topped Argentina’s crypto market in the six months after launch
OKEx Now Features Latin American Fiat Gateway with Latamex
3.7.2020
OKEx partners with major LATAM digital settlement network to unlock crypto purchases with three local currencies
Failing Monetary Policy Boosts BreadWallet’s Popularity in Venezuela, Says CEO
1.6.2020
The co-founder of pioneering crypto wallet BRD attributes his company’s Venezuelan success to local demand for crypto driven by failing monetary policy
From Buenos Aires to Beirut – Covid-19 Excuse Restricts Millions of Citizens from Withdrawing Their Own Money
18.5.2020
The coronavirus and the government-induced lockdowns have wreaked havoc on the global economy and millions of people can’t access their own money. Reports from financial stricken areas like Venezuela, Argentina, and Lebanon show that citizens are being stopped from accessing their...
P2P Bitcoin Trade Volumes and Inflation in Latin America Are on the Rise
16.5.2020
During the last two months since the March 12 crypto market rout, otherwise known as ‘Black Thursday,’ demand for cryptocurrencies seems to be on the rise in certain regions in Latin America. Various reports published this week have noted that countries like Colombia, Venezuela...
Bitcoin in Emerging Markets: Latin America
8.5.2020
Crypto adoption is up from Argentina to Venezuela, especially bitcoin and stablecoins like dai. But each market is unique
Latin American Markets Post Record P2P Volume in April
2.5.2020
Four Latin American markets have produced record trade activity on Localbitcoins during April