Tag: crypto currency

Venezuela’s El Petro Cryptocurrency Could Revolutionise Not Just Monetary Markets, But Oil Markets

Pre-sales of Venezuela’s El Petro cryptocurrency continue to increase after the initial coin offering (ICO) pre-sale smashed anticipated figures. As Sputnik reports, “87,200 users in total have requested the purchase of el petro, out of which 3,520 were enterprises, while 83,760 were individuals. Some of those numerous requests were from Australia, Germany, Belarus, Brazil, Cuba, […]

Venezuela’s “El Petro” Has Raised $732 Million As President Maduro Vows to Take On “Superman” – the US Dollar

Venezuela’s new oil backed cryptocurrency has raised over $735 million in less than 24 hours of a public pre-sale. The new cryptocurrency which will be pegged to the South American nation’s vast oil reserves looks to change the game in both the world of US sanctions and the international crypto […]