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Trump's Venezuela Land Threat: How Sanctions, Oil, and Stablecoins Collide in a New On-Chain Cold War
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Trump's Venezuela Land Threat: How Sanctions, Oil, and Stablecoins Collide in a New On-Chain Cold War

U.S. military action in Venezuela is escalating, intertwining sanctions, oil, and stablecoins as citizens turn to crypto for survival amid hyperinflation.

Former Coinbase CTO Bets $1 Million on Bitcoin Reaching $1 Million in 90 Days
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Former Coinbase CTO Bets $1 Million on Bitcoin Reaching $1 Million in 90 Days

Former Coinbase chief technology officer Balaji Srinivasan has placed a bet worth $1 million on Bitcoin's price reaching $1 million by June 17. Srinivasan accepted the wager from pseudonymous Twitter user James Medlock, who bet $1 million that the United States would not experience hyperinflation.

Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds
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Chainalysis: Venezuela’s State-Owned Crypto Exchange Possibly Used by Maduro Regime to Launder Funds

Blockchain analysis company Chainalysis wanted to find out whether the claims of whether Petro aiding Venezuelans are true.

Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency
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Venezuela Wants Citizens to Pay Taxes in State-Issued Petro Cryptocurrency

Venezuela is moving on a mandate that could see taxes being collected using its state-issued cryptocurrency—the oil-backed Petro. The effort is part of a nation-wide campaign to create mainstream use cases for Venezuela’s cryptocurrency.

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