PYMNTS-MonitorEdge-May-2024

Petro

Faulty Venezuelan Payments System Creates Delays, Chaos
Faulty Venezuelan Payments System Creates Delays, Chaos
September 05, 2018  |  International

The launch of a new payment system in Venezuela hasn’t gone smoothly, with citizens facing long lines for gasoline in border states. According to Reuters,...

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Ecuador Needs To Borrow More Than $1B
Ecuador Needs To Borrow More Than $1B
September 03, 2018  |  International

Ecuador announced last week that it needs to borrow more than $1.1 billion from international lenders as the country tries to fix its deficit. The...

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Bitcoin Daily: Fantasy Sports League Plans $100M ICO, Square Cash Extends Bitcoin Trading To 50 States
Bitcoin Daily: Fantasy Sports League Plans $100M ICO, Square Cash Extends Bitcoin Trading To 50...
August 15, 2018  |  Bitcoin

Bitcoin hit its lowest pricing level since the end of June, MarketWatch reported, dipping below the $6,000 level on Tuesday (Aug. 14). Other cryptocurrencies, too,...

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Petro Crypto Will Fund Housing In Venezuela, Indian Political Party Accused Of Bitcoin Scam
Petro Crypto Will Fund Housing In Venezuela, Indian Political Party Accused Of Bitcoin Scam
July 06, 2018  |  Bitcoin

Venezuela’s Petro cryptocurrency will be used to fund housing in the country, The Next Web (TNW) reported. According to reports, more than 30 businesses are working...

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Bitcoin Daily: Square Stocks Drop After Citron’s Bitcoin Critique, Oscar Meyer Launches Bacon Crypto
Bitcoin Daily: Square Stocks Drop After Citron’s Bitcoin Critique, Oscar Meyer Launches Bacon Crypto
May 01, 2018  |  Bitcoin

Square’s stock fell almost 4 percent on Monday (April 30), after a short seller tweeted that the company’s bitcoin efforts might be overhyped, CNBC reported. “SQ-Cash...

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Bitcoin Daily: NYC Townhouse Seeks Bitcoin Buyer, Venezuela Puts Crypto Pressure On Government
Bitcoin Daily: NYC Townhouse Seeks Bitcoin Buyer, Venezuela Puts Crypto Pressure On Government
April 13, 2018  |  Bitcoin

The Litecoin Foundation is making a second attempt at debit cards, City A.M. reported. According to a tweet from the creator of Litecoin, Charlie Lee,...

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Venezuela Sells $735M In ‘Petro’ Crypto Presale
Venezuela Sells $735M In ‘Petro’ Crypto Presale
February 21, 2018  |  International

As Venezuela struggles with hyperinflation and its currency reaches record lows, the country has reportedly sold $735 million of its “petro” cryptocurrency during day one...

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Bitcoin Daily: Square Gets Cash App Into Bitcoin, Coincheck’s Security Mistake
Bitcoin Daily: Square Gets Cash App Into Bitcoin, Coincheck’s Security Mistake
February 01, 2018  |  Bitcoin

People across the world could be mining a cryptocurrency – and not even know it, Forbes reported. Hackers are breaking into computers and smartphones and...

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Who Needs Gold? $5B In Oil Backs Venezuelan Cryptocurrency
Who Needs Gold? $5B In Oil Backs Venezuelan Cryptocurrency
December 29, 2017  |  International

Venezuelan President Nicolas Maduro has vowed to back the national cryptocurrency, Petro, with the country’s natural resource reserves. According to RT, Maduro made the announcement...

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