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You are here: Home / Archives for Venezuela

Venezuela

Bitcoin Price Surges to $31K: Hitting High In 3 Countries

June 26, 2023 by Aishwarya shashikumar

According to TradingView data, BTC price changes have been concentrated around annual highs. The price of bitcoin held steady over the weekend as attention was drawn to geopolitical developments in Russia and its neighboring countries. As the day went on, tensions decreased, but interest in how the markets would respond on June 26 at the […]

Filed Under: News, Bitcoin News, World Tagged With: argentina, Bitcoin (BTC), Lebanon, Venezuela

MetaMask Blocks Venezuelan Users Amid Sanctions

March 5, 2022 by Goku

Venezuelan MetaMask users claim they can no longer use the popular digital asset wallet. On Wednesday, messages concerning the problem began to appear on social media, with multiple cases spreading by late Thursday morning. The API for Infura, a blockchain node infrastructure network, is thought to be the culprit. “MetaMask and Infura are inaccessible in […]

Filed Under: World, News Tagged With: MetaMask, Venezuela

Venezuela Citizens To Have 24/7 Access To Bitcoin With Blockstream’s Satellite Node

September 26, 2020 by Sahana Kiran

Developed countries steering towards the adoption of technological developments, developing countries, and underdeveloped countries aren’t lagging behind. Particularly in the adoption of cryptocurrencies, the latter has been keener on the topic. Venezuela stands as substantial proof of the same. The latest news from the country further emphasizes its interest in cryptocurrencies. Satellites To Address Internet […]

Filed Under: Bitcoin News, News, World Tagged With: Bitcoin (BTC), Bitcoin Satellite, Blockstream, Venezuela

P2P Bitcoin Exchange Paxful Announces Departure from Venezuela

September 15, 2020 by Reena Shaw

Nicolás Maduro’s regime in Venezuela has so far failed to tackle corruption that exists at every government level, chronic shortages of food and medicine, unemployment, growing human rights violations, and not to forget – the rampant hyperinflation. At a time of such a massive scale of socio-economic and political crises, Venezuelans had turned to Bitcoin […]

Filed Under: News Tagged With: paxful, Venezuela

Ukraine, Venezuela Way Ahead Of US In Terms Of Crypto Adoption

September 10, 2020 by Sahana Kiran

The first cryptocurrency was dropped into the world in 2008. More than a decade later and thousands of cryptocurrencies have been launched so far, the industry has seen a significant increase in both value and popularity. From being associated with the dark web to being widely adopted across the globe, the crypto-verse has come a […]

Filed Under: Industry, News, World Tagged With: Australia, Crypto Adoption, Ukraine, Venezuela

Venezuela Outlaws Crypto Mining Activities in the Country

July 19, 2020 by Yvette Mwendwa

Venezuela has recently banned the trade in crypto mining in the country. The ban is mainly aimed at citizens who reside in all government-owned houses and in all their surrounding vicinity. In a maiden announcement on Friday, Minister of Habitat and Housing, Iidemaro Villarroel, said that the continued use of crypto mining could have an […]

Filed Under: News Tagged With: Crypto Adoption, crypto ban, cryptocurrency trading, gran misión vivienda, mining crypto, Venezuela, Venezuela government

Bank of Venezuela Banned by P2P Exchange Firm Due to US Sanctions

June 13, 2020 by Yvette Mwendwa

Citing US sanctions against Venezuela, Paxful, a peer-to-peer bitcoin exchange platform, has notified its clients that it will no longer accept transactions from the most important financial institution in Venezuela, the Bank of Venezuela. As a matter of fact, trading in Venezuela for the digital currency is now more difficult for bitcoin traders, even though […]

Filed Under: News Tagged With: Bank of Venezuela, Bitcoin Trading, Crypto Adoption, cryptocurrency traders, economic sanctions, p2p exchanges, paxful, US sanctions, Venezuela, venezuela crypto

Venezuela Crypto Head Added to Most Wanted List by US Customs Authorities

June 4, 2020 by Arnold Kirimi

The United States Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations office based in New York city announced on June 1 that it had included Venezuela crypto head to its most persons list. According to the ICE, the superintendent to Venezuela’s cryptocurrency,  Joselit de la Trinidad Ramirez Camacho is cited to have  “having deep political, […]

Filed Under: News Tagged With: cryptocurrency crime, Narco-terrorism, Nicolas Maduro., Petro, United States, us authorities, Venezuela, venezuela crypto

Venezuela Increases Monthly Minimum Wage to $2 as Citizens Protest Failed Promise

April 29, 2020 by Ketaki Dixit

Countries in Latin America have taken to the cryptocurrency market due to the problems they face with their national currencies. Venezuela was a major example in this department, taking its citizens to crypto to avoid Bolivar’s crumbling. Venezuelan President Nicolas Maduro recently took to the public forum to inform that the government would be raising […]

Filed Under: News, Industry, Technology Tagged With: Venezuela

Banking Closure in Venezuela Drives Bitcoin Trading Amid COVID-19 Pandemic

March 20, 2020 by Arnold Kirimi

Following the spread of coronavirus across the world, President Maduro has ordered national quarantine in Venezuela. Only 33 cases of COVID-19 were reported to have been confirmed in the South American nation. Irrespective of the number, the President decided on March 17 to put the whole country in quarantine. The emergency action taken by President […]

Filed Under: News Tagged With: Banks, Bitcoin (BTC), Crypto Adoption, Cryptocurrency Adoption, Venezuela

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