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  • Market Cap: $3,600,643,817,215.48
  • 24h Vol: $475,668,407,688.31
  • BTC Dominance: 53.12%

Venezuela

latam-insights-encore:-the-venezuelan-perfect-storm-highlights-bitcoin’s-key-use-case

Latam Insights Encore: The Venezuelan Perfect Storm Highlights Bitcoin’s Key Use Case

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Maria Corina Machado, Nicolas Maduro, OFAC, Op-Ed, pdvsa, Venezuela / / / , , , , , , , ,

Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency-based news from last week. In this edition, we discuss how bitcoin is being leveraged by both the opposition and the government in Venezuela, highlighting one of its most significant traits: uncensorability. Latam Insights Encore: Venezuelan Situation Shows Bitcoin’s Utility […]

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venezuelan-opposition-leader-proposes-establishing-a-bitcoin-reserve

Venezuelan Opposition Leader Proposes Establishing a Bitcoin Reserve

Leave a Comment / Bitcoin, bitcoin reserve, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, inflation, Maria Corina Machado, News, Venezuela / / / , , , , , ,

Maria Corina Machado, head of the political coalition that contests the victory of Nicolas Maduro in Venezuela, has proposed establishing a bitcoin reserve for the country. Machado stated that bitcoin represented a lifeline for many Venezuelans, that protected their wealth from rampant hyperinflation and announced a bitcoin donation campaign to help them in their democratic

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venezuelan-president-nicolas-maduro-announces-10-day-block-of-x;-signal-also-affected

Venezuelan President Nicolas Maduro Announces 10-Day Block of X; Signal Also Affected

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, Elon Musk, Ethereum, Netblocks, News Bytes, News Bytes - 4, Nicolas Maduro, Signal, suspension, Venezuela, X / / / , , , , , , , , , ,

Venezuelan President Nicolas Maduro announced that he signed a document authorizing Conatel, the telecom regulator, to block access to the X social network for 10 days. This requires its owner, Elon Musk, to present several documents before allowing it to operate again in the country. Paradoxically, using X, Maduro called for an end to “plans

Venezuelan President Nicolas Maduro Announces 10-Day Block of X; Signal Also Affected Read More »

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Clandestine Bitcoin Mining Survives Government Ban in Venezuela, Albeit at Small Scale

Leave a Comment / Bitcoin, Bitcoin (BTC), Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Mining, Venezuela / / / , , , ,

According to local reports, clandestine bitcoin mining is thriving again in Venezuela, albeit at a small scale after the government ordered to disconnect all Bitcoin mining operations from the power grid. Local ASIC stores are still selling miners for small operations, that survive by hiding their farms in undisclosed locations. Clandestine Bitcoin Mining Rises Again

Clandestine Bitcoin Mining Survives Government Ban in Venezuela, Albeit at Small Scale Read More »

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Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela

Leave a Comment / Argentina, Bitcoin, Corpoelec, Crypto Hacked, Cryptocurrency, Devaluation, Ethereum, inflation, News, Russia, sergey lavrov, Swift, US Dollar, Venezuela, yvan gil / / / , , , , , , , , , , ,

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: the Argentine Peso plunges against the U.S. dollar, Venezuela and Russia agree to develop a joint SWIFT alternative, and Bitcoin mining is still paused in Venezuela. Argentine Peso Plunges 10%

Latam Insights: Argentine Peso Plunges, Venezuela and Russia to Develop SWIFT Alternative, Bitcoin Mining Still Paused in Venezuela Read More »

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Russian Foreign Minister Sergey Lavrov Explains ‘Multipolar’ World View in Brazil

Leave a Comment / Bitcoin, Brazil, brazilia, Crypto Hacked, Cryptocurrency, cuba, Economics, Ethereum, Latin America, Mauro Vieira, Nicaragua, OFAC, Russia, Russian Federation, Sanctions, sergey lavrov, UN Security Council, Venezuela / / / , , , , , , , , , , , , ,

Sergey Lavrov, the Russian foreign minister, started his tour of Latin America on April 17, landing first in Brasilia to hold high-level talks with Brazilian President Luiz Inacio ‘Lula’ da Silva and Brazilian Foreign Minister Mauro Vieira. Lavrov insisted that Russia was building a “multipolar” world, while Vieira rejected the unilateral sanctions enacted against Russia.

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Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues

Leave a Comment / Argentina, Bitcoin, BitFinex, Crypto Hacked, crypto probe, Cryptocurrency, Digital Assets, El Salvador, Ethereum, inflation, News, Paolo Ardoino, Sunacrip, Venezuela / / / , , , , , , , , ,

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Inflation in Argentina goes over 100%, El Salvador issues its first digital assets licenses, and the crypto-linked corruption probe in Venezuela is still ongoing. Argentina Registers 104.3% Inflation In March,

Latam Insights – Inflation Skyrockets in Argentina, El Salvador Processes Digital Assets Licenses, Venezuelan Crypto Corruption Probe Continues Read More »

latam-insights-—-alliance-against-inflation,-btg-pactual-launches-stablecoin,-and-argentina-debuts-new-dollar

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar

Leave a Comment / Andres Manuel Lopez Obrador, Argentina, Bitcoin, Brazil, BTG pactual, Crypto Hacked, Cryptocurrency, Dollar, Ethereum, inflation, Latin America, Mexico, News, report, Stablecoin, Venezuela / / / , , , , , , , , , , ,

Welcome to Latam Insights, a compendium of the most relevant crypto and economic development news from Latin America during the last week. In this issue: Latin American nations ink an agreement to reduce inflation, Brazil-based BTG Pactual launches its own dollar-pegged stablecoin, and Argentina launches yet another dollar exchange rate. Latin American Nations Sign Pact

Latam Insights — Alliance Against Inflation, BTG Pactual Launches Stablecoin, and Argentina Debuts New Dollar Read More »

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P2P Bitcoin Exchange Paxful Suspends Marketplace With Uncertainty of Return

Leave a Comment / Africa, Bitcoin, Blockchain, business updates, Celsius bankruptcy, CEO of Paxful, Charity, Crypto Hacked, crypto industry, Crypto Winter, Cryptocurrency, cryptocurrency market, Database, Decentralized, Digital Assets, digital transactions, digital wallets, economic news, Ethereum, Financial Markets, Financial Technology, finland, Funds, Helsinki, LocalBitcoins, Marketplace, News, P2P Exchange, Paxful, Paxful CEO, Paxful Earn, Paxful Exchange, Peer-to-peer, Ray Youssef, Regulations, reimbursement, staff departures, suspension, trading, transfers, Venezuela, Virtual Currency / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a message from Paxful Founder and CEO, Ray Youssef, the peer-to-peer bitcoin trading platform is suspending its marketplace, and the company is uncertain if it will return. Youssef cited challenges such as regulations and some key staff departures, but he also noted that he could not share the full story at this time.

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Argentina Registers 6.6% CPI in February; Inflation Numbers Blast Past 100% YoY for First Time Since the 90s

Leave a Comment / alberto fernandez, Argentina, Bitcoin, CPI, Crypto Hacked, Cryptocurrency, Economics, Ethereum, foods and beverages, inflation, Martin Vauthier, meats, Santiago Manoukian, Venezuela / / / , , , , , , , , ,

The National Institute of Statistics and Census of Argentina released February’s numbers for the consumer price index (CPI), registering an increase of 6.6%, a consequence of the rises in prices of food and beverages principally. The number is among the highest in the history of Argentina, reaching more than 100% growth year-on-year (YoY), something that

Argentina Registers 6.6% CPI in February; Inflation Numbers Blast Past 100% YoY for First Time Since the 90s Read More »