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Petro

Bitcoin Transactions in Venezuela Reaches High as Crisis Intensifies

Venezuela’s crisis has reached a palpable high in years and the recent national cryptocurrency, the Petro, which was passed into law early last...

Tim Draper Encourages Mauricio Macri To Embrace Bitcoin Before It’s Late

Tim Draper, the eccentric billionaire investor and one of the biggest Bitcoin influencers in the crypto space has advised the President of...

Venezuelan Government Launches Official Cryptocurrency Service Allowing Crypto Transfers

The Venezuelan government has just launched a new cryptocurrency service officially in its country that would allow its citizens to receive Bitcoin (BTC) and...

Venezuela’s Interim President Juan Guaidó Prefers Bitcoin to Petro

The leadership of Juan Guaidó as Venezuela’s leader has now become recognized by the US. He swore himself in on January 23, 2019, by...

E.U. Blockchain Forum Proposes Managing IDs and National Currencies on the Blockchain

The European Union Blockchain Forum (EUBF) plans on storing the identities of users on Blockchain and also digitizing fiat money. These two will be tracked...

Venezuelan President Raises Petro Value, Devaluating Fiat

Nicolas Maduro, the president of the Bolivarian Republic of Venezuela, raised the price of the official cryptocurrency of the country, the Petro. This as a...

Jeopardy Now Features Cryptocurrency Category

Jeopardy, the famous TV trivia game, included in its last program a category for cryptocurrencies. The super famous syndicated tv show that is running since...

Cryptoassets Law Passed By Venezuelan Constituent Assembly

A new law that regulates the usage, purchase, and sale of cryptocurrencies was approved this week in Venezuela. The law, named "Cryptoassets Law" gives...

Venezuela’s Cryptocurrency Will be Presented to OPEC as a Unit of Oil

PDVSA revealed that it would be presenting Petro Crypto to Organization of Petroleum Exporting Countries (OPEC) in 2019. PDVSA is an oil and gas company...

Venezuelan Gold Kidnapped By The Bank Of England

The Bank of England has refused the request of the Venezuelan government to turn out more than $550 million dollars worth of gold. The Bank...

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‘Only in Crypto’: What the OKEx Mess Says About New and Old Finance

On Friday morning as the OKEx withdrawal-freeze story twisted and turned, CoinDesk's editors had an off-the-cuff discussion about the fundamental realities and unique challenges...

Coinbase Custody’s new token support faces criticism

Earlier today, Coinbase Custody announced that they are looking into adding support for new digital assets. The move to support more coins comes as...

Bitcoin’s Creator vs. Bezos: Satoshi Nakamoto’s Uphill Climb to Surpass the Amazon Founder’s Net Worth

Jeff Bezos is the world’s richest man, but someday if bitcoin crosses a certain valuation then Satoshi Nakamoto will be the wealthiest if he/she...

Bitcoin vs Gold: Which investment favors your portfolio?

I get it. It's always an either-or decision between Bitcoin and gold, as a pure investment play. Since the commodity and the cryptocurrency each...