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Tag: Venezuela

Data Shows There’s No Profits Left for Bitcoin Miners That Can’t Obtain Cheap Electricity, Run Efficient Mining Rigs

November 30, 2022 wp-bot Bitcoin News

During the last few weeks bitcoin’s cost of production has been higher than the leading crypto asset’s spot market value and in turn, this has

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Venezuelan Currency Plunges Almost 40% Against the US Dollar, Analysts Cite Crypto Drought as Part of the Problem

November 27, 2022 wp-bot Bitcoin News

The Venezuelan fiat currency, the bolivar, has lost almost 40% in its exchange rate against the U.S. dollar in a month. According to reports, the

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Venezuelan President Nicolas Maduro Signals Support for Single Currency in Latam, Calls for Crypto Inclusion

November 22, 2022 wp-bot Bitcoin News

Nicolas Maduro, president of Venezuela, has expressed his support for the adoption of a new common currency for Latam in the latest meeting of the

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Relaunch of USAN — the Union of South American Nations — in Latam Profiles New Monetary Integration

November 16, 2022 wp-bot Bitcoin News

A proposal for relaunching the currently defunct USAN, the Union of South American Nations, profiles a future monetary integration amongst the countries of the organization.

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Chainalysis: Stablecoins Used to Fight Devaluation and Inflation in Latam

October 24, 2022 wp-bot Bitcoin News

According to Chainalysis, a crypto auditing and blockchain tracking firm, the use of dollar-pegged stablecoins is growing in Latam, specifically in Argentina and Venezuela, due

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Web3 projects focus on education to bring Latin American women to the sector

October 21, 2022 wp-bot Cointelegraph

Women in Latin America are showing an increased interest in Web3 as organizations aim to drive participation through educational content and scholarships.

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