Venezuela Financial News

29.03 / 20:53

regulation Social Media Telecommunications Anti-TikTok RESTRICT Act could be turned against crypto and much else, think tank warns

The RESTRICT Act, a bipartisan bill introduced earlier this month into the United States Senate, could be applied in broad and unexpected ways, including to threaten crypto, should it become law, think tank Coin Center warned in its blog.

29.03 / 10:19

BTC Adoption Binance CEO Mobile Bitcoin Parisians Can Pay Crypto to Charge Phones at Burger King – Is Crypto Adoption on the Rise?

Crypto adoption is increasing in France with Paris branches of Burger King set to install crypto-powered machines that charge the batteries of customers’ phones and mobile devices.

27.03 / 10:19

Mining regulation Exchange Legal Petro Venezuela's Anti-Corruption Investigation Rocks Cryptocurrency Industry: Exchanges and Mining Farms Shut Down

Venezuelan crypto companies - specifically mining farms and exchanges - have reportedly been ordered to shut down over the past few days, following the President's order to restructure the country’s crypto regulatory agency. They seem to have been a casualty of an investigation that resulted in the arrest of 21 individuals.

27.03 / 09:35

Blockchain UPS Provident Apple NVIDIA Bitcoin Power Nvidia CTO Claims Cryptocurrencies are Useless: AI Chatbots a Better Use of Processing Power

It is not unusual for tech giants to have strong opinions on emerging technologies, and Nvidia CTo Michael Kagan is no exception.

25.03 / 21:53

business Mining Latin America Petro Venezuela shuts down crypto mining facilities, exchanges amid corruption probe

Venezuela's energy supplier has shut down crypto mining facilities throughout the country as part of a reorganization of the national crypto department and ongoing corruption investigations involving the country's oil company.

22.03 / 17:37

Ethereum ICE Bitcoin Venezuela’s Maduro Purges Crypto Offices of ‘Mafia’ Influences – ‘Hundreds’ Arrested

Venezuela’s President Nicolás Maduro says he has “purged mafia influences” from his government’s crypto regulators – after overseeing the arrest of one of his former right-hand men.

20.03 / 01:05

Adoption regulation Department National Venezuela overhauls national crypto department

Venezuela's president Nicolás Maduro has announced the reorganization of the National Superintendency of Crypto Assets, known as Sunacrip in Spanish, according to a decree issued on March 17.

08.03 / 17:09

Ethereum Citi BTC Platform Real Estate Southern Spain Leading the Way in Crypto-powered Real Estate Sales Sector – Report

Spain has become the center of gravity for the fledgling crypto-powered real estate sector, a new study has found.

27.01 / 02:15

Calvaria RIA RobotEra Taro FGHT C+Charge CCHG analysts Crypto Analysts Believe These Altcoins Will Explode in Value in 2023 – Find Out Why

The weakening of the US dollar continues to be a concern for many, with the US Dollar Index sliding to a seven-month low after reaching a 20-year high in September 2022. The dollar's entire second-half rise in 2022 has now been erased, as markets position themselves in expectation of US Federal Reserve action and its direction on interest rate policies.

25.01 / 19:19

Adoption Europe education Decentralization Bitcoin Film review: ‘Human B’ shows a personal journey with Bitcoin

The human side of Bitcoin (BTC) is seldom explored in legacy or mainstream crypto media outlets. Even within the Bitcoin space, Bitcoin is “number goes up” technology, while catchphrases like “Bitcoin to the moon” and “have fun staying poor” rattle around like coins in a jar.

23.12 / 16:31

regulation Marketplace us sanctions OpenSea blocks Cuban artists from the platform due to US sanctions

Nonfungible token (NFT) marketplace OpenSea has been banning artists and collectors from Cuba, citing United States sanctions as the key reason behind its action.

06.11 / 16:57

Dozens of migrants stopped from disembarking in Sicily by Italy’s new government

Italian authorities have prevented 35 migrants they did not deem as “vulnerable” from getting off a boat in Sicily on Sunday.

28.10 / 12:39

UPS Real Estate Venezuela’s Most Expensive House Put up for Sale at $20m, Owner Will Accept Crypto

Venezuela’s most expensive house has been put up for sale – and its vendor is willing to accept payment in crypto. Tokens are widely accepted as a form of payment throughout the Latin American nation, but the sale of the $20 million property would be a major landmark for crypto adoption in the country.

21.10 / 16:33

business education Women Web3 Projects Web3 projects focus on education to bring Latin American women to the sector

Interest in Web3 continues to grow despite the crypto bear market. A recent article from McKinsey noted that venture capital investments in Web3 exceeded $18 billion during the first half of 2022. Findings from Cointelegraph Research also show that Web3 attracted the most interest from venture capitalists in comparison to other blockchain sectors during Q2 of this year.

21.10 / 05:59

Adoption Report Remittances drive ‘uneven, but swift’ crypto adoption in Latin America

Remittance payments, fiat fears, and profit-chasing have been the three most significant drivers of crypto adoption in Latin America, according to a new report.

29.09 / 16:49

Adoption UK Bitcoin Brits are Turning to Bitcoin as the Pound Plummets Against the US Dollar

Bitcoin (BTC) has been winning the attention of British investors amid a plunge in the price of the British pound (GBP) against the dollar.

20.09 / 12:03

Blockchain Twitter Hackers hacks Hackers take over CoinDCX Twitter account, promote fake XRP ads

The official Twitter account of India-based crypto exchange CoinDCX has been hacked and used by the exploiters to post fake XRP promos partnered with phishing links in an attempt to scam the exchange’s followers.

16.09 / 14:15

Adoption Bitcoin Bukele El Salvador's pro-Bitcoin president Nayib Bukele announces reelection bid

In an Independence Day live streaming event on Sept. 15, El Salvador President Nayib Bukele announced his bid for reelection after his current term ends in 2024.

05.09 / 02:37

Twitter Ripple XRP PwC Bitcoin Doge Garlinghouse, XRP giveaway, and PwC – The latest on the scam that had it all

Crypto-scams seem to have penetrated the industry to promote a few individual cryptos. Likewise, high-profile social media accounts have also fallen victim to unethical activities by hackers to promote crypto-scams. This could include both Bitcoin, as well as altcoins to achieve their agenda.

04.09 / 14:23

Blockchain Twitter XRP PwC PwC Venezuela Twitter account hacked, attacker shills fake XRP giveaway

An attacker gained access to PwC Venezuela’s Twitter account and has been actively posting cryptocurrency phishing links for the last 8 hours at the time of the writing. Considering that all the tweets posted by the hacker remain active, it is evident that PwC officials are yet to realize the compromise.

17.08 / 13:09

Government Central Bank Taxes National tax evasion Colombia to prevent tax evasion with national digital currency: Report

Amid Colombia’s economic growth beat expectations in the second quarter, an official at the country’s tax and customs agency has hinted at some national digital currency plans.

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