Venezuelan president Nicolas Maduro has announced a new cryptocurrency amid an economic crisis and a plunge in the value of the bolivar, the country's national currency.
According to Reuters, Madur... Read More
Venezuela's opposition-run congress has declared that a planned new national cryptocurrency called the petro is illegal.
According to the legislative body, the issue of the petro – a cryptocurrency... Read More
Venezuela's government is pushing back against what it calls "false information" in connection with a purported white paper tied to its planned oil-backed cryptocurrency.
While the South American n... Read More
U.S. Senators Marco Rubio (R.-Fl) and Robert Menendez (D.-NJ) have denounced Venezuela's planned cryptocurrency in a new letter.
In an open letter addressed to U.S. Treasury Secretary Steven Mnuchi... Read More
Nicolas Maduro, the president of Venezuela, has said the pre-sale of the country's proposed cryptocurrency – the "petro" – will launch next month.
Signing the petro white paper on Tuesday, Maduro s... Read More
Thai Bank Pilots Cross-Border Transaction Using Blockchain
Thailand's Bank of Ayudhya PCL successfully conducted a cross-border transaction with a bank in Singapore using a blockchain, it announced Tuesday.
The bank, also known as Krungsri, announced it co
IBM to Hire Blockchain Researchers for French Expansion
Technology giant IBM is hiring nearly 2,000 people in France - and many of them will be focusing on blockchain technology, chief executive Virginia Rometty said Wednesday.
In an interview with Fren
Bitcoin drops 9%, now back below $8,000
Bitcoin extended a two-week sell off Wednesday, falling below $8,000 to its lowest level since mid April. The digital currency dropped 8.7 percent to a low of $7,512.43 as of 12:30 p.m. ET,
As bitcoin plunges, mega-bull Tom Lee stands by his $25,000 target
Fundstrat's Tom Lee is standing his ground on bitcoin soaring to $25,000. On Wednesday, the cryptocurrency plunged below $8,000 and traded at around $7,500, essentially giving up most of the gains