People from countries like Argentina, Venezuela, and Nigeria invested in Terra as they saw it as more stable than local currency, but lost thousands in savings
“I have nothing left, not even a penny.” — Valeria makes around $300 a month selling prepared food from her home in Buenos Aires.
Gaana, India's leading music streaming service, has seen low paid sub growth; India's audio streaming market is 38% ad-supported, below only China and Venezuela
Amit Gurbaxani / Billboard : Tweets: @billboard See also Mediagazer Tweets: @billboard : Gaana's new CEO wants the Indian streaming platform to focus on boosting subscription income in a country stil...
Venezuela, in the depths of a financial crisis, has seen usage of P2P payments app Zelle, owned by seven US banks, surge as people turn to USD for transactions
When Federico Suárez made an overnight trip to Valencia last month to visit his boyfriend, the 24-year-old Caracas-based lawyer was in the mood to splurge. Tweets: @bw , @gilmanhill , @tr401 , @bw , @...
Sources: Venezuela is evaluating if it can count cryptocurrencies, like bitcoin it may have received from oil sales, toward the country's international reserves
Bloomberg :
A week after pegging its money, pensions, and salaries to Petro cryptocurrency, Venezuela still fails to show proof that anyone is using Petro for transactions
ATAPIRIRE, Venezuela (Reuters) - To hear Venezuela's leftist President Nicolas Maduro tell it, this remote hamlet of 1,300 souls …
A week after pegging its money, pensions, and salaries to Petro cryptocurrency, Venezuela still fails to show proof that anyone is using Petro for transactions
ATAPIRIRE, Venezuela (Reuters) - To hear Venezuela's leftist President Nicolas Maduro tell it, this remote hamlet of 1,300 souls …
Venezuela announces it's devaluing the bolívar by 95% and pegging it to the government's oil-linked cryptocurrency, the petro
Business Insider :
Venezuela claims Petro ICO pre-sale raised $735M, but the ICO was plagued by false claims as issuers changed blockchain from Ethereum to NEM midway
Timothy B. Lee / Ars Technica :
Report: Venezuela debuts its Petro crypto token in pre-sale, with 82.4M available initially, amid fiat currency's hyperinflation woes and US lawmaker concerns
Daniel Palmer / CoinDesk :