RATE Group | Cryptocurrency roundup: Venezuela’s Petro, Panama’s OmniCoin, Argentina’s record
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Cryptocurrency roundup: Venezuela’s Petro, Panama’s OmniCoin, Argentina’s record

Cryptocurrency roundup: Venezuela’s Petro, Panama’s OmniCoin, Argentina’s record

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Venezuela , Argentina and Panama

News

Cryptocurrency roundup: Venezuela’s Petro, Panama’s OmniCoin, Argentina’s record

PANAMA

Over Eight Billion OmniCoins Were Intentionally Destroyed to Benefit Users

OmniBazaar, Inc. and OmniCoin Foundation Company jointly announced today that 84% of all issued OmniCoins were intentionally destroyed (“burned”) on 25 December as a surprise holiday gift to OmniCoin holders and users.

OmniCoins are the native cryptocurrency of the OmniBazaar peer-to-peer e-commerce marketplace.

The destroyed tokens were issued at the creation of the OmniCoin blockchain in October 2018. They were issued to OmniCoin Foundation Company to be sold in token sale events (such as an ICO or IEO) to raise money for the future development of OmniCoin.

PRNEWSWIRE

Published 12/31/2019

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VENEZUELA

Cryptocurrency payment adds another hardship to Venezuelans

Amid endless rows and with unusual decembrin temperatures of more than 30 degrees, hundreds of Venezuelans spend up to three days in front of a limited number of retail stores hoping to exchange for food and other…

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