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July 12, 2026
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Generating Bitcoin Addresses Securely Offline Without Internet Bitcoin’s Role in Promoting Long-Term Savings and Patience Understanding Bitcoin Transaction IDs: What Is a TXID? Bitcoin’s Future: Mining Ends, Fees Become Miners’ Income Bitcoin’s Versatility: Purchasing Goods, Services & Property

Venezuelan President Announces Superintendence of Its Oil-Backed Cryptocurrency ‘Petro’

The post Venezuelan President Announces Superintendence of Its Oil-Backed Cryptocurrency ‘Petro’ appeared first on CCN

As covered by CCN, Venezuelan President Nicolas Maduro recently announced the creation of a new cryptocurrency during a Christmas television special. The new cryptocurrency, dubbed “petro” will be backed by commodity reserves, including oil, diamonds, and gold. Per the Venezuelan leader, it will help overcome the country’s “financial blockade.” At the time, opposition leaders made … Continued

The post Venezuelan President Announces Superintendence of Its Oil-Backed Cryptocurrency ‘Petro’ appeared first on CCN

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