# Economic Crisis News

Privacy Cryptocurrency Dash Becomes Choice of Currency for Venezuelans

August 24, 2018 by Ogwu Osaemezu Emmanuel at Altcoins, Blockchain, Development, Finance, News, Tech

In a bid to mitigate the adverse effects of hyperinflation on the Venezuelan economy, President Nicolas Maduro introduced the oil-backed petro crypto earlier in 2018. Now, as reported by Business Insider on August 22, 2018, other altcoins are beginning to gain massive adoption in the region, with dash leading the...

Bitcoin Prices Surge in Turkey After Lira Plummets 20 Percent

August 13, 2018 by Shaurya Malwa at Adoption, Bitcoin, Investment, News

On August 13, 2018, cryptocurrency trading surged in Turkey due to the recent plummet in the price of the Lira. As the Turkish government looks to restore investor confidence in the Lira, Koinum, the country’s largest crypto-exchange, announced a 63 percent increase in the trading volume of Bitcoin. At the...