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Venezuela cryptocurrency Petro is up for pre-sale. The Petro was first announced by President Nicolas Maduro at the beginning of December 2017. It was also announced that the cryptocurrency will be backed by the country’s oil reserves.

According to Latin American news sources Telesur, there are 82.4 million Petros initially. The President previously said that 100 million petro will be mined, valued at over $6 billion.

President Maduro said at the launch:

Petro is born. We will achieve success for the welfare of Venezuela. With the world’s largest and most important companies and Blockchain Venezuela. We will sign important deals.

Telesur said a “manual” on how to get the petro will be available in multiple languages.

Venezuelan cryptocurrency Petro sparks controversy

The official responsible for managing the money, Carlos Vargas, said that the Petro can be exchanged for regular currencies and cryptocurrencies, but it cannot replace the bolivar (the official Venezuelan currency).

With such a sale for a cash-strapped country While it makes sense to seek new financing, the issue of the Petro is controversial.

The Venezuelan opposition says the Petro is illegal. He stated that the issuance would be heavily indebted to the country’s oil reserves, and therefore Congress should not approve of the government’s borrowing. said.

Coindesk

There is serious activity in the fast delivery activities market, especially after the pandemic. While many new initiatives are being implemented, many are making moves to grow and develop. Azerbaijan-based fast delivery application Fonibo also managed to find investment from DAAL Venture Capital after its remarkable stability. Fonibo, which currently continues to serve its customers with more than 5 thousand products, will expand both its product range and field of activity with the investment it has received

Fonibo can expand its service area

Fonibo, which was founded by Nijat Manafov and Misir Jafarov and got things back on track in a short time, received its first serious investment from DAAL Venture Capital. Fonibo, which gives a minimum time commitment to its users in pharmacies, markets, meals and other businesses, currently only provides service in Baku. However, fast delivery application Fonibo, which has offices in Istanbul and New York as well as Azerbaijan, can operate in these locations after the investment it found from DAAL Ventures. Particularly, while there is a serious competition in fast delivery applications in Istanbul, the participation of Fonibo in this competition may increase the options of the customers and increase the service quality.

The Fonibo application, which can be used on ios and android operating systems, has offered many possibilities to its customers with the latest update. In particular, with its “express delivery service” capability, it can quickly deliver items such as documents, documents and flowers, as well as pharmacy, food and market products, from one location to another. Distinguished from its competitors with this feature, Fonibo aims to show the success it has achieved in Baku at the global level after the investment it has received.

A new one has been added to the cryptocurrency scams. In the news we conveyed to you last week, we told you that a South Korean investor’s Bitcoins were smuggled with fake 2 million euros. A similar development took place in the Netherlands, where 180,000 euros worth of Bitcoins were purchased for counterfeit cash.

According to the news on local news source Rtlnieuws.nl, the exchange of 26 Bitcoins for 180,000 euros took place between the buyer and the seller, who met near the hotel they determined. Although the purchase appeared to be smooth and the seller left with 180,000 euros in cash, when these coins were checked, it was found to be fake and the scammer disappeared. It turned out that the fraudster had removed 500 euros in the form of fake banknotes using Photoshop. The scammer was caught while touring the French coast in Cannes in a sports car.

These scams make us question the reliability of cash, rather than making us think that Bitcoin is not safe…

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Who is Samet Ecem? Many questions are asked about Samet Ecem, who draws attention with his more than 800 thousand followers on his Instagram account. We tried to answer the research questions about sametejemm as much as we could

Who is Samet Ecem? Who is sametejemm?

Coşkun Çetin, the founder and CEO of R10.net, which previously brought computers and their enthusiasts together under one roof. We did the news. Another important name of R10.net is known as Samet Ecem. Samet Ecem, who is known to have been working on the R10net platform for many years, does not neglect to share photos with Coşkun Çetin frequently. However, despite his frequent use of social media, we could not find much information about Samet Ecem. In particular, questions such as How old is Samet Ecem and where is he from remained unanswered.

On the other hand, Ecem, who is studying in the higher education program at Bahçeşehir University, is also known for her visits to important institutions and people on different dates.

3 Theory Reports

According to a report published in Bloomberg, a prediction was made about where some cryptocurrencies will be in the next year, 3 years and 5 years.. While making these predictions, 3 different economic analysis theories were used and the current situation of the crypto world was also taken into account.. In the 19-page report, the current state of cryptocurrencies, what is expected in the future, and what changes may occur, while the most striking finding is that cryptocurrencies that offer “privacy” will gain excessive value.

Bitcoin 143 thousand Dollars

As a result of the theories, the report also included predictions for the future values ​​of some cryptocurrencies.. According to these estimates, Bitcoin will reach $32,914 in one year, $71,746 in three years, $96,378 in five years and $143,900 in ten years.. According to this analysis, Monero will increase in value 14 times in a year, from the current level of $ 103 to $ 1476.. In 10 years, Monero will be valued exactly 390 times and will reach $ 39,584.

Ethereum, on the other hand, is shown to be only around 800-500 dollars in the short and long term, while XRP, the favorite cryptocurrency of some, will decrease from 30 cents to zero in a year. It has been interpreted as falling.

It’s Not Only XRP That Dropped To Zero!

It is observed in the analysis that some important cryptocurrencies will reset in the short and long term. While XRP, EOS, XLM and ADA reset in the short term, they show a loss of up to 99% in the long term. /p>

If you want to examine the report in detail or take a look at other analyzes, you can access the report by clicking the link here.

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Since the boom of Bitcoin and other cryptocurrencies in December 2017, cryptocurrencies have been gaining attention in various industries.. Digital assets were frequently the subject of the programs of celebrities such as Ellen DeGeneres and John Oliver…. The album is a continuation of the Revival album released in 2017…

There is a song on the album that includes crypto money investors, developers and many people who believe in the future of blockchain and crypto money technology, which is the number one cryptocurrency and a possible bull rally is likely.

“Everybody Is Dealing With Bitcoin”

Digital gold ‘Bitcoin’ in the song ‘Alike’ from the Kamikaze album, a duet with Royce Da 59 It is also mentioned. This part is said by Royce Da 59:

“Remember everybody bit the nickel, now everybody is dealing with Bitcoin”

Many people in the crypto community are Eminem’ He claims that the reason he mentions Bitcoin in his song is to spread awareness of cryptocurrencies.

A Redditist Diamondcuts17765:

“After the last bull rally, the truth came out, bitcoin I expect people who know something about it to buy it when the price is approaching 15,000.”

Another Redditist Mr_li_ji:

“This is a sign of growing awareness in the mainstream, but Of course, this alone won’t cause anything to happen.”

BlockState_Official:

“Slowly but eventually cryptocurrencies are becoming a part of popular culture. The more ‘mainstream’ crypto becomes, the more people will have it.”

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Struggling with hyper-inflation, Venezuela is going through a difficult period with the economic sanctions of the USA.. Venezuelan President Nicolas Maduro spearheaded the issuance of the first state-backed cryptocurrency Petro to combat hyper-inflation and economic woes, and a new plan was created for Venezuela’s economic freedom. There is no trace of Petro’s existence and use.. Because the Reuters team visiting Venezuela did not come across stores that can be bought with Petro, and besides, there are no important crypto money exchanges that list Petro.

These words are included in the Reuters article about the Petro, which is balanced with a barrel of Venezuelan oil and announced to be fixed at $60;

It seems that it is very difficult to find Venezuela’s Petro.. For four months, Reuters has been talking to many crypto experts and oil traders, conducting field trips, searching the digital transfer history of the coin and trying to get detailed information about this cryptocurrency. We couldn’t find any trace of his trade.. This cryptocurrency is not sold on any exchange and there is no store that accepts the Petro yet.

Venezuelan leaders are also making conflicting statements.. Maduro claims that $ 3.3 billion was obtained from the sale of the Petro, while stating that the coins are used for export.. On the other hand, when we reached Hugbel Roa, the minister involved in the project, we told him, “No one has used Petro yet, we haven’t earned any income.. The Petro is still under development.” >Follow us on Twitter to be instantly informed about the last minute developments, like our Facebook page and join our Telegram channel.

You may have missed an important opportunity to become a cryptocurrency multi-billionaire. Jokes aside, a bug was discovered on the popular cryptocurrency trading platform Coinbase that could earn you an almost infinite amount of Ether.. The bug was caused by a flaw in Coinbase’s smart contract setup.

The vulnerability was identified and reported to Coinbase by Dutch fintech company VI Company in December last year.. A month later, in January, the platform fixed the issue and rewarded the Dutch company with $10,000. you can change. If the transaction fails on a wallet in the smart contract, all previous transactions are canceled. However, at Coinbase, these transactions will not be reversed, so a person can add as many balances to Ethereum as they want.”

This practically meant that the bug could be exploited to fill Coinbase wallets with infinite amounts of Ether.

The researchers also shared a screenshot proving that they were able to successfully exploit the bug.. In addition, information about the erroneous transaction can be accessed via the following link.

It is not yet clear whether anyone has transferred Ether to their wallet by exploiting this vulnerability.

According to the news in Bloomberg, which is claimed to be based on reliable sources, Google plans to create its own Blockchain and provide transactional services with the cloud. He is developing his own distributed digital ledger that he can use to verify it.” said. Currently, Google’s cloud platform offers a variety of products with computing, storage, networking and other tools. While the company promises good security through Identity-Aware Proxy and multi-factor authentication, the central computer network still poses a threat to users. So using decentralized technology will further strengthen Google’s secure infrastructure.

So far, Google has invested in Blockchain companies such as Sorj Labs, Blockchain, Ripple, LedgerX, Buttercoin, and Veem.

Also, a Google spokesperson said, “As with many new technologies, we are exploring potential uses of Blockchain technology, but it is too early to speculate on possible uses and plans.” used the expressions.

Especially in recent months, CBDC unit moves have been coming after one of the central banks. Finally, another digital currency move came from an important central bank.

CBDC A new one has been added to the central banks that established the unit, this time is different!

The Bank of England and Her Majesty’s Treasury have established a joint task force within the UK to explore the potential of digital currencies.

As of today’s press release, UK government officials have yet to confirm that the CBDC (Central Bank Digital Currency), they have announced that they have decided to investigate the issue.. The task force will also strive to ensure that the UK does not stay out of the race on digital currencies.

In a statement from the government, Finance Minister Rishi Sunak:

Our vision is to create a more open, greener, and more technologically advanced financial services industry.

Today’s summary is to increase the growing fintech, push the boundaries of digital finance and make our financial markets better. The steps we take to make it more efficient will move us forward.

CBDCs will not replace cash

Government officials say that if they are issued, the CBDC ‘s will coexist with cash and banknotes. The task force will be chaired by Jon Cunliffe, Bank of England vice-president for financial stability, and Katharine Braddick, chief financial services officer, Her Majesty’s Treasury.. According to the announcement, the two government agencies will involve other UK authorities as appropriate.. It also created a new CBDC unit, a CBDC engagement forum, and a CBDC technology forum within the Central Bank.

Central banks around the world are currently working on digital currencies to avoid competition from decentralized cryptocurrencies. .

Countdown for digital currency from central bank of central banks

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