Venezuela

Binance Enters Popular Venezuelan Dollar Indexes as Currency Plunges 10% in One Week

July 20, 2021 Bitcoin.com

Binance

Binance, the leading P2P exchange in Venezuela, is now present in several popular dollar indexes in the country. The price of USDT on Binance’s P2P platform is now used to calculate the average price of the dollar with other P2P and electronic markets. The Venezuelan currency, the Bolivar, took a plunge last week losing 10% […]

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Solana DEX volume hits record high: Is SOL price headed to $300?

Venezuela to Slash Six Zeros From Its Currency to Facilitate Payments

July 2, 2021 Bitcoin.com

bitcoin.com

The government of Venezuela is considering a new redenomination of its fiat currency. The proposal that is under study would cut six zeroes from the inflation-affected Bolivar. This would aid companies in processing taxes and provider payments that are absurdly complex with today’s numbers. However, the dollar is the predominant coin in retail payments in […]

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Solana DEX volume hits record high: Is SOL price headed to $300?

Nicolas Maduro States Venezuela Pioneered Crypto Adoption in South America as Petro Use Flounders

June 22, 2021 Bitcoin.com

Bitcoin

President Nicolas Maduro stated that Venezuela was a pioneer in cryptocurrency adoption in Latam in an interview with Bloomberg last week. Venezuela is still one of the first cryptocurrency volume movers in South America. However, the petro token, its official cryptocurrency, has failed to pick up steam in national and international markets. President Nicolas Maduro […]

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Solana DEX volume hits record high: Is SOL price headed to $300?

400+ Miners Seized in Venezuela Due to Lack of Permits

June 21, 2021 Bitcoin.com

ASICs

Authorities seized more than 400 Bitcoin miners in Venezuela this weekend in two major confiscations. Local reports indicate military personnel seized 332 miners from a transport truck. In another procedure, authorities seized 72 miners hidden in a house. These activities resulted in the apprehension of four individuals. Mining in Venezuela is perfectly legal, but it […]

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Solana DEX volume hits record high: Is SOL price headed to $300?

Localbitcoins Adds Bitcoin Cash and Other Cryptocurrencies as Payment Methods

June 5, 2021 Bitcoin.com

Altcoins

Localbitcoins, one of the biggest P2P exchanges in the world, has added Bitcoin Cash and other cryptocurrencies as payment methods to acquire Bitcoin on its platform. This marks a clear departure from the earlier position of the company, which hadn’t added new payment methods and had remained Bitcoin-only for some time. Localbitcoins Adds Bitcoin Cash […]

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Solana DEX volume hits record high: Is SOL price headed to $300?

A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption

May 28, 2021 Bitcoin.com

Binance

Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers behind this crisis that made […]

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Solana DEX volume hits record high: Is SOL price headed to $300?

Crypto Savings Platform Ledn Raises $30 Million in Latest Funding Round

May 28, 2021 Bitcoin.com

Alexis Ohanian

Ledn, a cryptocurrency lending and savings platform based in Canada, has managed to raise $30 million in its latest funding round. The money raised will be used to expand its offer of lending products, and to expand its reach in more countries. Ledn could take advantage of the recent problems that Blockfi, one of its […]

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Solana DEX volume hits record high: Is SOL price headed to $300?

Bitcoin Adoption Picks up Steam in Peru After Presidential Ballot

May 24, 2021 Bitcoin.com

Adoption

Peru, a country not commonly associated with bitcoin or cryptocurrencies, is experiencing a sizable surge in digital currency adoption following the first round of its presidential ballot process. The presidential candidate with the most vote support, Pedro Castillo, is known for his interventionist policies, so Peruvians might be preparing for what could be considered an […]

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Solana DEX volume hits record high: Is SOL price headed to $300?

Binance Reaches Twitter Trending Topic Status in Venezuela

May 8, 2021 Bitcoin.com

Binance

Binance, one of the largest cryptocurrency exchanges worldwide, has reached a trending topic status in the Twitter social network sphere in Venezuela. The trend before the weekend, shows just how important cryptocurrency topics are for the citizens of the country at the moment. Cryptocurrencies are extremely useful tools for Venezuelans to save their purchasing power […]

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Solana DEX volume hits record high: Is SOL price headed to $300?

Reserve Proposes Customers to Use Their Business Zelle Accounts to Process Payments

May 6, 2021 Bitcoin.com

bitcoin.com

Reserve, a fintech and cryptocurrency-related exchange and payment processing app, sent an email yesterday to its customers asking for their help in processing payments by leveraging their personal Zelle accounts to do so. This raised certain alarms in the community, that are now wary of a third-party company using their accounts to do its payments […]

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Solana DEX volume hits record high: Is SOL price headed to $300?