Cryptograffiti’s Latest ‘Running Bitcoin’ Portrait Sees Auction Bids of Over $30K
In roughly three days, on Feb. 7, Cryptograffiti’s latest art auction on Bitify will come to an end. “Running Bitcoin,” a tribute to the legendary cryptographer Hal Finney, currently...
Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’
For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars....
Maduro’s Promotion of the Petro Yet to Yield Results
Venezuelan President Nicolas Maduro has been tirelessly promoting the petro, ever since his administration announced the creation of what is now considered the first state-issued cryptocurrency. Although no one...
Venezuela Decrees Crypto Operators Must Pay Taxes in Cryptocurrencies
The Venezuelan government has published a decree requiring taxpayers with crypto operations in the country to pay their taxes in cryptocurrencies. Similarly, operators of foreign currencies must pay their...
Venezuela Professional-Bitcoin Opposition Could Use Maduro’s Sanctioned Funds To Oust Him
Bitcoin adoption crucible Venezuela may find yourself utilizing its personal sanctioned funds to topple the federal government if plans go forward for an “army” of overseas mercenaries.
Sources: Plans For...
Venezuela’s State-Run ‘Defi’ Crypto Exchange Goes Live After Maduro’s Anti-Blockade Speech
Decentralized finance (defi) is allegedly coming to Venezuela after a recent decree from Venezuelan President, Nicolás Maduro and the United Socialist Party of Venezuela. The government recently introduced a...
Venezuelans Remain Skeptical After President Maduro Raises Petro’s Value
Venezuelan President Nicolas Maduro’s move to increase the price of the petro, the country’s oil-backed cryptocurrency, has sparked intense debate. Experts and tech-savvy Venezuelans alike are less than enthusiastic...
Tidbits: Jesse Powell Criticizes Custodial Ownership, Simon Dixon Slams the Banking System
Tidbits is a roundup of talking points from across the cryptosphere. Today, Jesse Powell and Samson Mow both voice their opinions on the custodial ownership of assets through trusted,...
Venezuela To Start Using Cryptocurrency in Global Trade in Efforts To Fend off U.S....
Venezuela president Nicolas Maduro says the country is to start using cryptocurrency in both domestic and global trade, as part of efforts to neutralize crippling U.S. economic sanctions.
Speaking in...
UK Court Overturns Ruling on $1 Billion Venezuelan Gold at Bank of England
The UK Court of Appeal has overturned an earlier court ruling which denied Nicolas Maduro access to Venezuela’s gold worth about $1 billion kept at the Bank of England....
