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Venezuela, a country in South America, under the governance of President Nicolas Maduro has been the victim of grave economic troubles like hyperinflation and their currency in freefall. This has…
Post Petro’s official launch, the date on which its public sale is scheduled to commence is finally out. It is supposed to start from 5th November onwards. The Venezuelan president, Nicolas…
BTC Wires: The petromoneda or commonly known ‘Petro’ is a new cryptocurrency launched by the government of Venezuela in Feb 2018. Backed by the countries reserves of oil, gasoline, gold…
BTC Wires: While news about a recent hyperinflation in Venezuela has caught the attention of Economics experts worldwide, this indeed is a dire time for the nation as international sanctions…
BTC Wires: Nicolás Maduro, the President of Venezuela, has announced that Petro, the country’s oil-backed cryptocurrency, will be now used as a unit of account for transactions made inside the…
So, the story of Crypto Petro started back in February this year when the Venezuelan Ruler Nicolás Maduro announced that they planned to launch a national cryptocurrency (which is the…
Venezuela is reeling under severe economic crisis and prices have been growing exorbitantly. According to sources, the inflation rate is such that a single cup of coffee costs a whopping…
Venezuela has always made news in the cryptocurrency world. In December 2017 the country’s president had announced the introduction of petro cryptocurrency, the value which would be based on the…
