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The Petro explorer is online, but without blocks
The Venezuelan state cryptocurrency is not trustless, quite the contrary. It turns out to be an electronic currency managed by the government
The new Petro whitepaper: the token won’t be 100% backed by oil
The technology has been changed too, this time blatantly copied from Dash: the Venezuelan crypto keeps remaining a mystery
Petro tokens and their backing do not exist
A Reuters report shows that Venezuelan crypto does not exist and that there is no guarantee that the Atapirire oil reserves will back the currency
The Petro currency is there but it can’t be seen. It looks like a big scam
Marco Michelino, NEM blockchain expert says: "All tokens are still in one account. And they seem designed to impede their free circulation"
Venezuela crypto country with the Sovereign Bolivar
At the start the experiment of the Sovereign Bolivar, a currency linked in turn to Petro, the cryptocurrency which has oil reserves below it. With inflation going up to one million percent
Petro national currency, a new accounting unit in Venezuela
On 14th August it has been reported that Petro will be used as main asset in the country
Iranian currency collapsing, the bitcoin hunt begins
The vertical collapse of the national currency and hyperinflation are driving people to look for alternative forms of protection and savings, starting with digital currencies.
Petro token on the markets from August 20
Venezuela announces the debut of the new currency. Hyperinflation has reached stratospheric rates
Venezuelan Petro-scam helps the homeless
The controversial cryptocurrency launched by President Maduro will be used to finance the housing of the poorest
India says no to the Venezuelan Petro
Due to the prohibition of the Central Bank, the country can not accept oil from Venezuela because the payment cannot be done with the crypto