Venezuela: New Law Makes Bitcoin Trading Soar To All-Time High

Venezuela New Law Makes Bitcoin Trading Soar To All-Time High

The South American country Venezuela set a new record for amounts traded in bitcoin (BTC) last week. It happened as new laws came into place and due to the ongoing political turmoil. Venezuela’s bitcoin traded set a new record The country is not unfamiliar when it comes to cryptocurrencies. A few months ago, they launched … Continue reading Venezuela: New Law Makes Bitcoin Trading Soar To All-Time High

Venezuela: Russian Jet Arrives to Withdraw 20 Tons of Gold From Country’s Holdings

Venezuela Russian Jet Arrives to Withdraw 20 Tons of Gold From Country’s Holdings

A Venezuelan former central bank economist and lawmaker has reported that a Russian-registered jet arrived in the country to take 20 tons of gold to an unknown destination. How does Venezuela continue to exist each day? The country with the largest oil reserves in the world cannot afford to feed its citizens. From the outside … Continue reading Venezuela: Russian Jet Arrives to Withdraw 20 Tons of Gold From Country’s Holdings

Venezuelan Citizens Receive $1m Subsidy Backed by Zcash

Venezuelan Citizens Receive $1m Subsidy Backed by Zcash

As part of #GivingTuesday, Mexico-based wallet service AirTM and Zcash have partnered together in order to donate $1 million to citizens in Venezuela whose assets have disappeared in the midst of the hyperinflation which is gripping the country. Venezuela. The country’s name has become synonymous with all things done badly when running a country. Endowed … Continue reading Venezuelan Citizens Receive $1m Subsidy Backed by Zcash

Venezuelas Walmart ‘Traki’ Started Accepting Bitcoin

Venezuelas Walmart 'Traki' Started Accepting Bitcoin

The largest department store in Venezuela, which many refer to as the “Wal-Mart” of the South American country, now accepts cryptocurrencies as a form of payment. Think of the store as one of the Wal-Mart’s you find that also has a grocery store. Traki offers clothes, food, sporting equipment, and a wide range of consumer … Continue reading Venezuelas Walmart ‘Traki’ Started Accepting Bitcoin