February 2019

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    Venezuela’s Petro cryptocurrency pre-sale starts tomorrow

    Petro, the Venezuelan state-sponsored oil-backed cryptocurrency, will be offered to prospective buyers beginning tomorrow, after President Nicholas Maduro had announced the idea in December of 2017. The Petro is largely a bid to try and counter the country’s economic distress that it has been enduring for some time now, with effects such as hyperinflation. According to the Venezuelan government, the cryptocurrency will […] More

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    Major Investment in Ripple

    Ripple (XRP) registered today a transaction of 0.9 billion XRP that translated into an impressive 700 million USD. Even though the identity of the person, or most likely a big company/firm, is still unknown this represents major confidence in the project and the underlying technology of Ripple (XRP). You can check out the confirmation of the transaction […] More