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Petro(PTR) is it a good time to sell?

5 Jul 2023 3 minute read 0 comments Crypto4you23

The Petro aims to be a crypto asset backed by oil assets and issued by the Venezuelan government, serving as a catalyst for the advancement of an independent, transparent, and inclusive digital economy that allows direct citizen participation. Additi...

US government puts $ 5 million bounty for the Venezuela's cryptocurrency leader

4 Jun 2020 1 minute read 0 comments Shadow Crypto

The head of Venezuela's cryptocurrency agency is now a wanted man. Join LBRY and EARN 1$ just to signup, you can sell it on Bittrex:$/invite/@shadowcrypto:2   The man liable for the administration of Venezuela's cryptocurrency, petro...

Crypto-Dollar For Venezuela is Now in Alpha Stage

24 Apr 2020 1 minute read 1 comment Abhimanyu Krishnan

A startup in Colombia, Valiu, has launched a new synthetic asset to help Venezuelan citizens combat hyperinflation. Valiu Chief Executive Officer (CEO) Simon Chamorro revealed the plans for the asset, called ‘cryptodollar’ in a tweet on April 23, whi...

Published the MIT report on cryptocurrencies and CBDC, let's see what the researchers' conclusions are

25 Jan 2020 1 minute read 0 comments Roberto D.

MIT, the prestigious US university, has founded a research group that deals with blockchain technology called "Digital Currency Initiative"; of course, the studies conducted by this group also include research on CBDC, an acronym for Central Bank Dig...

The Venezuelan state cryptocurrency is already a victim of inflation, the petro struggles to stand alone

24 Jan 2020 2 minute read 4 comments Roberto D.

It is not good news, neither for Venezuela nor for the cryptocurrency community, we will see later why, the fact is that, as reported by some Venezuelan users on Reddit, the PTR, the state stablecoin anchored to the price of oil, would already be suf...

Venezuela and Cuba evaluate possible commercial trade using Petro.

24 Jan 2020 1 minute read 0 comments alberdioni8406

It's seems the Venezuela government and Cuba have strictly plans to maintain commercial trade using Petro (PTR), Venezuelan cryptocurrency pegged into barrels of Oil, in a near future. This settlement will make the two countries to maintain the bilat...

One more Surprise involving Petro the Venezuela centralized coin: Maduro authorize use of PTR in a local Casino.

24 Jan 2020 1 minute read 0 comments alberdioni8406

It's always a surprise to me when a news comes involving Petro (PTR), the Venezuela centralized national cryptocurrency, that now with authorization from their country Leader Nicolas Maduro, will be used at a Casino in the Hotel Humbolt in Caracas. T...

Venezuela launches a real casino in cryptocurrencies, great controversy in the community

22 Jan 2020 2 minute read 2 comments Roberto D.

This was announced by the president of Venezuela, Nicolas Maduro, on Friday; the Hotel Humboldt, located in the Ávila National Park, will see the first international casino in the world that will operate with cryptocurrency and, of course, with Petro...

State cryptocurrencies: Venezuela ready to sell crude oil using Petro

17 Jan 2020 2 minute read 0 comments Roberto D.

Petro, the Venezuelan state crypto, has long been a mysterious object in the world of encrypted currencies; Officially launched in 2017, the project has continued to track so much that many observers had practically died. The project in question, how...

Maduro demands the airlines to pay for fuel in Petro.

15 Jan 2020 1 minute read 1 comment alberdioni8406

Nicolas Maduro the Venezuelan President ordered that all airlines that operate in international routes to purchase their fuel in Petro, the National Cryptocurrency from Venezuela. In one more step to ensure the adoption of Petro in the country, the m...