Bitcoin News / Bitcoin.com - 6 hours ago
Venezuelan authorities led by the National Power Ministry and Corpoelec, the state-owned power company, have seized over 6,000 bitcoin miners in two new operations. The ministry, which recently declared that it would disconnect all bitcoin miners due...
Bitcoin News / Bitcoinist - 6 days ago
Venezuelans, once seeking solace in the digital gold rush, now face a harsh reality. The country, grappling with hyperinflation and economic instability, has banned all crypto mining farms connected to the national grid.
This decision, announced by t...
Bitcoin News / Bitcoin.com - 1 week ago
The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized over 11,000 bitcoin miners as the government seeks to reduce the power usage from high-power customers...
Bitcoin News / Google News Bitcoin - 1 week ago
Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11000 Miners to Face the Nation's Energy ...& & Bitcoin.com News
by COINS NEWS - 1 week ago
Hi there, I'm Venezuelan living here, crypto enthusiast. Because the really low electricity price Venezuela has been a "good" option for mining crypto (no law is one of the disadvantages), last months the power failures and outage has i...
Bitcoin News / Bitcoin.com - 3 weeks ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Venezuelan oil company PDVSA could use USDT to sidestep U.S. sanctions, Chivo Wallet denies hacking allegati...
Bitcoin News / Bitcoin.com - 1 month ago
PDVSA, the state-owned Venezuelan oil company, would be preparing to migrate more of its payments portfolio to USDT, a dollar stablecoin, to avoid being affected by the restitution of U.S. sanctions. Reuters reported that the company started receivin...
Bitcoin News / Bitcoin.com - 1 month ago
The Venezuelan Attorney General, Tarek William Saab, unveiled the second wave of detentions linked to a crypto money laundering scheme derived from unregistered oil sales paid in different currencies and crypto. The former president of the state-owne...
by COINS NEWS - 1 month ago
Hi guys, I have been around here for years. Crypto enthusiast living in Venezuela. Last year I paid directly at the supermarket a purchase of around 34 USD using BTC, at that time it was 0.00124813 BTC, now it would be over 90 USD! Living in Venezuel...
Bitcoin News / Bitcoin.com - 3 months ago
The Office of Foreign Assets Control (OFAC) has revoked the license of Minerven, the Venezuela-owned gold company, for commercializing gold in international markets. The sanctions on Minerven, which were eased in October, will be applied again on Feb...
Bitcoin News / Bitcoin.com - 4 months ago
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: Argentine President Javier Milei warns about the dangers of collectivism at Davos, the Venezuelan petro is s...
Cryptocoins News / CoinJournal - 4 months ago
Venezuela officially halts Petro crypto after six years, converting assets to bolivar.
Petro faced scepticism and limited adoption.
Corruption scandal and crackdown on Bitcoin mining contributed to Petro’s downfall.
Venezuela is officially di...
Cryptocoins News / Blockchain - 4 months ago
Venezuela ends its Petro cryptocurrency, a failed oil-backed digital currency initiative aimed at evading U.S. sanctions. Launched in 2018, it struggled for adoption due to legal issues, limited functionality, and lack of international interest. (Rea...
Bitcoin News / Google News Bitcoin - 4 months ago
SEC's X account hacked, Bitcoin ETFs go live, and Venezuela shuts down Petro: Hodler's Digest, Jan. 7-13& & Cointelegraph
Bitcoin News / Bitcoin.com - 4 months ago
According to local sources, one of the first state-backed cryptocurrency assets, the Venezuelan Petro, would be facing an imminent liquidation. Asonacrip, a national cryptocurrency association, reported having information about the upcoming liquidati...