Bitcoin (BTC) Volume at Record Highs on Venezuelan Crisis

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Just this week, Venezuelans traded 900 million bolivars’ ($12 million USD) worth of Bitcoin (BTC). This figure is up from the still massive 850 million last week. As most of us are aware, Venezuela is plagued with economic and social turmoil with an alarming inflation rate.  In fact, the International Money Fund estimates it will reach … Continue reading “Bitcoin (BTC) Volume at Record Highs on Venezuelan Crisis”

Venezuela’s Petro Cryptocurrency May be a Copy of Dash

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Petro (PTR), the official oil-backed cryptocurrency of Venezuela appears to be an identical copy of the popular crypto Dash. In fact, it appears to have the same features and mining algorithm. Even its whitepaper appears to have replicated many sections from the Dash whitepaper. As a matter of fact, Joey Zhou, an Ethereum developer recently … Continue reading “Venezuela’s Petro Cryptocurrency May be a Copy of Dash”