LocalBitcoins Volume in Venezuela is Going “To the Moon”
LocalBitcoins Volume in Venezuela is Going “To the Moon”
"Due to hyperinflation of their currency, Venezuelans are rushing to LocalBitcoins to secure their savings in “digital gold.” This is one of the first real-world examples where a decentralized store of value could change its users lives."
Read more: www.cryptoglobe.com
More news sources
Aussie ICOs Beware – The ASIC Has A Reputation to Rebuild
In a bit of news that is tinged with irony, the Australian Securities and Investments Commission (ASIC) has been denied in court its record $35 million AUD fine against Westpac Bank. Irony because the reason the court rejected the fine, in addition to the...
Read more: www.ccn.com
‘Nuclear Option’: ABC Dev Won’t Rule out Changing Bitcoin Cash PoW Algorithm
The Bitcoin Cash civil war is just days away from culminating in a contentious blockchain split, and the lead developer of the faction with the minority hashrate has advised that the development community should “get a patch ready” in case the...
Read more: www.ccn.com
Smallcap Token Cobinhood (COB) Gains 14.26% in Wider Market Downturn
The COBINHOOD token ‘COB’ has been reported across various sources such as CoinMarketCap as having appreciated significantly over the past 10-12 hours at the time of writing, when compared to the same trading values from the previous 24 hours....
Read more: www.ccn.com
Venezuela: Petro Can Be Converted Into Any Cryptocurrency If Bought This Year
The Venezuelan government has announced that its national digital currency, the petro, can be exchanged into any cryptocurrency if purchased this year. However, the wallet for the petro is still not available and petro buyers receive certificates of purch...
Read more: news.bitcoin.com
Other hot crypto news today
- Major US Museum Becomes Country’s Third to Accept Bitcoin as Payment
- Opposing Bitcoin ABC and Bitcoin SV Factions’ Debates Grow Heated as the Bitcoin Cash Hard Fork Draws Closer
- Amazon Wins Patents for Cryptography and Distributed Data Storage Solutions
- Electronics Giant Bosch Partners with IOTA to Launch New Device for IoT Data Collection
- IMF Vows to Continue ‘Devoting Attention’ to Blockchain, Cryptocurrency in Fintech Drive
- Australia’s Biggest Bank Trials Blockchain-Based 'Smart Money' for Disability Insurance
- Russia: Raiffeisen Bank, Gazprom Partner to Issue Bank Guarantee on Blockchain
- Tommy Robinson Turns to Bitcoin After Being Banned From PayPal
- Huobi’s US-Based Strategic Partner HBUS Hires Former Exec of VC Firm Draper Athena
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