Venezuela

MetaMask and Infura Block Services Amid Regulatory Concerns

CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De joins “First Mover” to share his insights on why MetaMask and Infura restricted access for some users in...

By CoinDesk Staff

Mar 4, 2022 at 5:11 p.m. UTC

Mar 4, 2022

RegulationNikhilesh DecdtvFM ClipVenezuelaMetaMaskInfura

Petro poster on a building (CoinDesk archives)

Markets

Venezuela

Venezuela Pegs Minimum Wages to National Cryptocurrency: Report

The Venezuelan national cryptocurrency is based on the DASH blockchain, and has many characteristics of a CBDC.

By Sam Reynolds

Mar 4, 2022 at 6:54 a.m. UTC

Mar 4, 2022

VenezuelaPetro

RPT: Crypto Wallet MetaMask Suspends Venezuela Operations Due to Compliance Issues

Video

Ethereum

RPT: Crypto Wallet MetaMask Suspends Venezuela Operations Due to Compliance Issues

Reports are circulating on the internet claiming the MetaMask wallet has started blacklisting certain Venezuelan addresses, citing compliance issues with regulatory frameworks...

By CoinDesk Staff

Mar 3, 2022 at 8:11 p.m. UTC

Mar 3, 2022

EthereumcdtvHash clipVenezuelaMetaMask

Danny Penagos (left), José Manuel Osorio Mendoza and Kelvin Jonathan Diaz (Courtesy Danny Penagos)

Policy

Venezuela

They Were Jailed for Hacking an Exchange. Blockchain Data Cleared Them

How blockchain forensics helped two suspects in a cyber crime prove their innocence

By Sandali Handagama

Mar 1, 2022 at 1:00 p.m. UTC

Mar 1, 2022

VenezuelaBlockchain AnalyticsBitcoinHackRussiaCyber Attack

Bolívar Avenue in Maturín, the city in Venezuela where Axie player Juan Tirado lives. (Cesar Pérez via Wikipedia)

Markets

Axs

Axie Infinity Finds Ready Players in Hyperinflation-Racked Venezuela

As they have in the Philippines, some players are making enough money to feed their families.

By Lyllah Ledesma

Nov 23, 2021 at 5:54 p.m. UTC

Nov 23, 2021

AXSGamingMetaverseVenezuelaInflationMarketsTradingInvestingCryptocurrency Marketsvideo games

Venezuela Citizens Reportedly Using Gold Flakes to Pay for Goods and Services As Economic Crisis Deepens

Video

Bitcoin

Venezuela Citizens Reportedly Using Gold Flakes to Pay for Goods and Services As Economic Crisis Deepens

By CoinDesk Staff

Oct 22, 2021 at 7:17 p.m. UTC

Oct 22, 2021

BitcoinGoldcdtvHash clipInflationVenezuela

(Carlos Becerra/Bloomberg via Getty Images)

Policy

Venezuela

Venezuela’s New Digital Bolivar Isn’t Digital, and It Won’t Solve the Country’s Economic Crisis

In view of the hyperinflation in the Latin American country, the government decided to remove six zeros from the currency and issue a new bolivar. For a third time.

By Andrés Engler

Oct 7, 2021 at 9:58 p.m. UTC

Oct 7, 2021

Venezuelacentral bank digital currencyBitcoinUSDTBinanceCBDCs

Video

Cdtv

Crypto Adoption in Venezuela

Alejandro Machado, Open Money Initiative co-founder, with an update on crypto adoption in Venezuela.

By CoinDesk Staff

Mar 10, 2021 at 8:47 p.m. UTC

Mar 10, 2021

cdtvFM ClipOpen Money InitiativeVenezuelaAlejandro Machado

Markets

Inflation

Bitcoin and Inflation: Everything You Need to Know

The cryptocurrency was designed to counter the harms of inflation, but is this really such a big issue?

By Sandali Handagama

Jan 28, 2021 at 10:00 p.m. UTC

Jan 28, 2021

InflationArgentinaFederal ReserveVenezuelaBitcoinBitcoin GoldHyperinflationGlobal Macro

Markets

Charity

Bull Run Democracy, Revisited

In 2017, high-flying bitcoiners attempted to foment democracy in Venezuela by airdropping crypto and paper wallets. What did we learn from these experiments?

By James McGirk

Jan 7, 2021 at 8:59 p.m. UTC

Jan 7, 2021

CharityVenezuelaDemocracyOpinion