Venezuela has officially banned bitcoin and other cryptocurrency mining to protect its strained power grid. The Ministry of Electric Power announced the disconnection of mining farms from the national power network to curb excessive energy use and ensure stable electricity supply. The national cryptocurrency association confirmed on X (formerly Twitter) that all mining activities are […]
Related Posts
Turn any bike into an e-bike in seconds with this nifty gadget
For all you bike riders out there, I bet you never thought you could turn your regular bike into an e-bike. It’s now possible without the hassle of tools or complicated installations. Let me introduce you to Clip, the world’s first plug-and-play solution that makes upgrading your ride a breeze. Founded by Som Ray and […]
Indonesia’s Economic Ascent
Indonesia, home to the largest Muslim population, aims to rank among the world’s top five economies. This ambition seems on track. Since 2014, Indonesia ascended to 7th largest economy by PPP under Joko Widodo’s presidency, says IMF. It is poised to overtake Russia by 2027. In addition, the nation aspires to become a high-income country […]
Venezuela and China Sign Deal for Economic Zones
Venezuela and China have signed a pact that aims to improve and modernize special economic zones. The signing happened during President Nicolás Maduro’s visit to China. The agreement is between Venezuela’s Zone Authority and China’s Zone Research Center at Shenzhen University. The deal states that the zones will promote self-reliant economic growth. This growth will […]