Venezuela Cryptocurrency Market

ForkLog 20 02.12.2020

Venezuela arrests suspects in $2 million Bitcoin theft

Authorities in Venezuela arrested two people who allegedly stole 101 BTC (over $1.9 million) from a local cryptocurrency exchange. Decrypt reports.

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ForkLog 24 30.11.2020

Venezuelan Army Turns to Cryptocurrency Mining

In Caracas, a centre for mining digital assets by the Venezuelan armed forces has opened. The facility occupies space within the Fort Tiuna headquarters. The military described the mining centre as an example of cooperation with the civilian sector. The video shows that part of the equipment consists of Antminer devices from Bitmain. View this post on Instagram. Post by 61 Brigada Codazzi (@ejb_61brig). The volume of computing power is not specified by the brigade officials. In their view, the project is an unfettered source of income. In late September, Venezuela allowed miners to operate provided they had a licence from Sunacrip and joined the national pool. In November, one of the Venezuelan miners reported that Corpoelec began forcibly disconnecting equipment in Carabobo state. Subscribe to ForkLog on YouTube!

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ForkLog 10 30.11.2020

Venezuela’s Pizza Hut branch begins accepting Bitcoin

American chain Pizza Hut has begun accepting Bitcoin and other digital currencies in its Venezuelan branches. The processing service Cryptobuyer acted as partner.

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ForkLog 26 21.11.2020

US government engages stablecoin issuer USDC to support the opposition in Venezuela

The USDC issuer Circle announced a collaboration with the US authorities to distribute cash payments among healthcare workers in Venezuela, circumventing restrictions imposed by Nicolás Maduro's government.

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ForkLog 9 12.11.2020

Media: Venezuelan authorities move to shut down mining farms

The Venezuelan state-owned electricity company Corpoelec has begun forcibly disconnecting Bitcoin miners at the authorities’ behest. The report, citing Criptonoticias, says.

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ForkLog 17 02.11.2020

Venezuela’s Patria payment platform to add support for Bitcoin and Litecoin

The authorities in Venezuela announced an update to the national payment platform Patria. One of the key changes is the support for Bitcoin and Litecoin wallets, it says in the statement.

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ForkLog 10 02.10.2020

Venezuela to test a decentralized stock exchange

The Venezuelan authorities approved the test launch of the decentralized stock exchange (BDVE). In the official gazette Gaceta, it is presented as the world's first platform 'connected to the cryptocurrency markets system'.

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ForkLog 16 30.09.2020

Venezuela to expand use of cryptocurrencies to bypass sanctions

President Nicolás Maduro presented a government-drafted bill aimed at countering sanctions. It expands the use of cryptocurrencies.

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ForkLog 15 24.09.2020

Venezuela to unite miners in a ‘national pool’

Venezuela's authorities have legalized mining, obliging miners to obtain a licence and join the 'national pool'. The official statement was published in Gaceta.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 22 16.09.2020

Paxful P2P Platform Ceases Operations in Venezuela

Paxful, the P2P Bitcoin trading platform, has announced that it will cease serving customers in Venezuela due to tightening regulation and U.S. sanctions on the country.

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ForkLog 16 25.08.2020

Coinbase-backed Bitcoin exchange AirTM blocked in Venezuela over ties to the opposition

The government of Venezuela restricted access to the cryptocurrency exchange AirTM, through which the opposition planned to distribute $18 million among 62,000 healthcare workers. This was reported by Matt Ahlborg, founder of the analytical firm Useful Tulips.

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ForkLog 20 12.08.2020

Venezuela’s residents will be able to pay taxes with the Petro digital currency

The Bolivarian Council of Mayors of Venezuela signed an agreement allowing citizens to pay taxes in the national digital currency El Petro, according to the government website.

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#Venezuela Cryptocurrency Market