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Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis

Venezuelan Authorities Announce Bitcoin Mining Ban, Confiscate Over 11,000 Miners to Face the Nation’s Energy Crisis

The Venezuelan National Power Ministry announced a special operation to disconnect all bitcoin mining farms from the grid. Authorities have seized ...
May, 19, 2024
by Bitcoin News
Venezuelan Petro Reportedly on the Brink of Liquidation

Venezuelan Petro Reportedly on the Brink of Liquidation

According to local sources, one of the first state-backed cryptocurrency assets, the Venezuelan Petro, would be facing an imminent liquidation. Aso...
Jan, 13, 2024
2 min read
by Bitcoin News
Latam Insights: USDT Takes Over Brazil, Bukele’s Administration Accused of Embezzlement

Latam Insights: USDT Takes Over Brazil, Bukele’s Administration Accused of Embezzlement

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: USDT dominat...
Nov, 06, 2023
2 min read
by Bitcoin News
Venezuelan Crypto Watchdog Sunacrip Extends Restructuring Period; Community Asks for Clarity

Venezuelan Crypto Watchdog Sunacrip Extends Restructuring Period; Community Asks for Clarity

The Venezuelan government has officially announced the extension of the restructuring period for Sunacrip — the national cryptocurrency watchdog — ...
Sep, 29, 2023
2 min read
by Bitcoin News
Venezuelan Crypto Ecosystem Still in Shambles 4 Months After Sunacrip Intervention

Venezuelan Crypto Ecosystem Still in Shambles 4 Months After Sunacrip Intervention

The Venezuelan cryptocurrency ecosystem remains on shaky ground four months after the intervention of national crypto watchdog Sunacrip, and the ar...
Jul, 18, 2023
2 min read
by Bitcoin News