In bolivars, only the equivalent of 3.24 billion dollars circulates, estimates say. The dollars circulating in Venezuela are stagnant because dollarization is informal. In Venezuela, the circulation of US dollars in cash doubled that of bolivars, the local currency. According to the most recent study by the socioeconomic analysis firm Ecoanalítico, in November of this … Read more
Worldcoin offers WLD tokens for iris scanning, with additional incentives for recruiters. Regarding iris scanning, there are doubts about whether users understand what they are giving up. The Worldcoin cryptocurrency project, now known as World, has surpassed the social network TikTok in the ranking of most downloaded applications in Colombia, reflecting the significant interest of … Read more
Under current economic conditions in Venezuela, everyday transactions are controlled by the bolivar, the local currency. Although it is something logical to think, this occurs in the midst of an economy that, for several years, was practically controlled by the US dollar informally. According to the most recent study from the socioeconomic analysis firm Ecoanalítica, … Read more
The protocol is integrated into banking and financial companies to allow access to credit with The platform will launch with its own token, whose ticker is OBC. Kevin and Víctor Charles, Venezuelan developers who have resided in New York, United States, since 2013, announced the launch of Open Bitcoin Credit (OpenBC), a protocol that allows … Read more
The academy will be directed by Aníbal Garrido, a cryptocurrency enthusiast in Venezuela. The entity will focus on “grounding” everything that surrounds the cryptocurrency ecosystem. This Wednesday, October 23, the Andrés Bello Catholic University (UCAB) of Venezuela inaugurated the Blockchain, Trading & Crypto (BT&C) Academy, an initiative that is positioned as a “comprehensive and transversal … Read more
The volume of cryptocurrency transactions doubled in one year. Venezuelans do not prefer bitcoin, they use stablecoins, ETH and altcoins more. Immersed in a strong political upheaval that has been aggravated after the presidential elections held last July, Venezuelans turn to cryptocurrencies as a refuge of value. Digital assets become one of the main tools … Read more
María Corina Machado’s proposal to integrate bitcoin (BTC) as a national strategic reserve asset in Venezuela has been one of the most relevant news within the ecosystem. This is not only because it is the first time that the opposition leader has spoken about digital currency, but also because it is a proposal that is … Read more
Key facts: The framework that regulates mining activity has several legal aspects. The farm was located in the state of Guárico, in the plains region of Venezuela. Members of the Bolivarian National Armed Forces (FANB) raided a Bitcoin mining farm located in Guárico, in the plains region of Venezuela. According to the report of the … Read more