Venezuela

Cryptocurrency shipping platform in Venezuela

Cryptocurrency shipping platform in Venezuela goes live

The government has announced the launch of a new state-owned cryptocurrency shipping platform in Venezuela, Patria Remesa. It aims to use crypto commerce as a way to evade other countries’ sanctions. Also, it will increase the country’s monetary power amid record inflation…

Diamond backed crypto Ponzi scheme

Venezuelans Fall Prey to Crypto Ponzi Scheme: Lawsuit Filed with US Court

Seven Venezuelan investors reported a case against the accused companies connected to the $30 million worth crypto Ponzi scheme. The firms including Eagle Financial Diamond Group Inc. and Argyle Coin are reported to the Florida Federal Court. The involved crypto asset in this scheme was pegged to diamond…

Cripto Conserje and Horizen Partner to Help Refugees with Cryptocurrency

Cripto Conserje and Horizen Partner to Help Refugees with Cryptocurrency

Cripto Conserje, a Latin American blockchain firm, has partnered with Horizen to introduce ZEN cryptocurrency to refugees and educate them about it. Under the partnership, the companies are striving to provide the affected communities with ZEN paper wallets and educating them on how to have secure access to their money irrespective of their location.