Venezuela

Venezuela

Finance

Plataforma de trading cripto Uphold se retira de Venezuela por sanciones de EE. UU.

El servicio de trading en el país estará disponible hasta el 31 de julio, y las cuentas estarán totalmente restringidas a partir del 30 de septiembre.

Exit, Voice and Bitcoin

Finance

Crypto Trading Platform Uphold Exits Venezuela, Cites US Sanctions

Trading service in the country will be available until July 31, and accounts will be fully restricted as of Sept. 30.

Exit, Voice and Bitcoin

Videos

Touzi Capital CEO on BTC Mining, DeFi Yields, Environmental Concerns

Touzi Capital Founder & CEO Eng Taing discusses retail bitcoin mining, sharing insights into his company’s work with Compass Mining. Taing explains the energy efficiency of new mining technology, his investment strategy in decentralized finance (DeFi) and the crypto mining landscape in other countries like Venezuela. Plus, a conversation on the environmental concerns of proof-of-work mining. 

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Videos

Venezuela’s Maduro Announces 18-Fold Increase to Minimum Wage, Pegged to Official Cryptocurrency

According to a Bloomberg report, Venezuela President Nicolas Maduro announced a 18-fold increase in Venezuela’s monthly minimum wage to roughly 126 bolivars ($28) by pegging it to the value of half a petro, the government’s cryptocurrency being the petro (PTR).

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Videos

MetaMask and Infura Block Services Amid Regulatory Concerns

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to share his insights on why MetaMask and Infura restricted access for some users in certain parts of the world like Venezuela. De touches on the increasingly prevalent influence of regulatory bodies on the crypto industry and the true nature of decentralized technology. 

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Markets

Venezuela Pegs Minimum Wages to National Cryptocurrency: Report

The Venezuelan national cryptocurrency is based on the DASH blockchain, and has many characteristics of a CBDC.

Petro poster on a building (CoinDesk archives)

Videos

RPT: Crypto Wallet MetaMask Suspends Venezuela Operations Due to Compliance Issues

Reports are circulating on the internet claiming the MetaMask wallet has started blacklisting certain Venezuelan addresses, citing compliance issues with regulatory frameworks. “The Hash” discusses the state of decentralized technologies as government entities become increasingly aware of their activity while relating this story to broader concerns about the openness of the Ethereum network. 

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Policy

They Were Jailed for Hacking an Exchange. Blockchain Data Cleared Them

How blockchain forensics helped two suspects in a cyber crime prove their innocence

Danny Penagos (left), José Manuel Osorio Mendoza and Kelvin Jonathan Diaz (Courtesy Danny Penagos)

Markets

Axie Infinity Finds Ready Players in Hyperinflation-Racked Venezuela

As they have in the Philippines, some players are making enough money to feed their families.

Bolívar Avenue in Maturín, the city in Venezuela where Axie player Juan Tirado lives. (Cesar Pérez via Wikipedia)

Videos

Venezuela Citizens Reportedly Using Gold Flakes to Pay for Goods and Services As Economic Crisis Deepens

In certain areas of Venezuela, some citizens are reportedly using flakes of gold as a means of buying goods and services amid the country facing hyperinflation. "The Hash" squad discusses the potential use cases of gold and crypto as the Venezuelan bolívar currency weakens in an ongoing economic meltdown.

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