Venezuela to Pay Retirees and Pensioners Christmas Bonus in Petro

Venezuelan President Nicholas Maduro announced that country’s retirees and pensioners will be paid their Christmas bonuses in Petro. Venezuelan President Nicholas Maduro announced that the Christmas bonus of the country’s retirees and pensioners will be paid to them in the national cryptocurrency Petro. The Twitter profile of local news outlet Venepress reported on Maduro’s remarks […]

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Crypto News From the Spanish-Speaking World: Oct. 21–27 in Review

Cointelegraph en Español presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world. The Spanish-speaking world has seen major cryptocurrency and blockchain developments with a former Bolivian intelligence director claiming that Venezuela is full of secret crypto mining farms, extortionists who request Bitcoin (BTC) finding their way into Spain, and the […]

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Bittrex International Halts Service in Venezuela and 30 More Countries

Bittrex International’s trading platform to shut down in Venezuela and 30 other countries on Oct. 29, Cointelegraph en Español reports. Bittrex International, Malta-based international unit of United States’ crypto exchange Bittrex, will cease operations in Venezuela and 30 other countries. No clear reason for the action In an email to Venezuelan customers, Bittrex International announced […]

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Venezuelan Exchange Rolls Out Crypto Debit Card with Petro Support

Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale system. Two Venezuelan companies have partnered to release a cryptocurrency debit card and point-of-sale (PoS) system. “Crypto transfer device” supports four currencies According to a social media release by state-sanctioned exchange CriptoLAGO on Oct. 1, the joint offering with so-called “investment cryptobank” […]

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Offline Transactions: The Final Frontier for Global Crypto Adoption

Though crypto transfers are immutable, offline cryptocurrency transactions may be the key to total censorship resistance for blockchain. Earlier in September, Cointelegraph reported that Israeli cybersecurity startup GK8 had raised $4 million to finance its offline cryptocurrency transaction solution. The company developed a cold wallet with “hot wallet functionalities” that is completely shielded from online hackers because […]

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