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Crypto Charity Airdrop Venezuela Raises $292K – Mostly in BCH

<strong>According to the founder of Airdrop Venezuela, the charity that aims to donate US$1 million worth of cryptocurrencies to Venezuelans, the nonprofit has registered 60,000 beneficiaries and raised $292,000 in donations so far. Moreover, bitcoin cash (BCH) has led the pack as far as the most donations are concerned with roughly 670 BCH ($194,900) gifted …

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Bolivars to Bitcoin: Activists to Take Down Venezuela’s Maduro in Art Exhibit

Venezuelan president Nicolas Maduro will be taken down today. At least his visage, painted on 1,000 bolivars by cryptocurrency-focused artist cryptograffiti, will be. The destruction of the artist’s newest piece – an 11-foot by 10-foot portrait of the Venezuelan leader – will happen in Cucuta, Columbia, about 500 yards from the Simon Bolivar Bridge, a …

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How to Use Cryptocurrency to Send Money Abroad

<strong>The global remittance industry is huge. World Bank data shows that over $148 billion was sent abroad from the U.S. alone in 2017. As people leave nations gripped by hyperinflation, or simply move to look for better opportunities abroad, sending cash back home becomes a necessity. As the people in Venezuela are discovering, this can be …

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