Venezuelan Authorities Seize More Than 100 Miners From Clandestine Bitcoin Mining Operation
Venezuelan authorities seized over a hundred mining machines in a residential area of a central state. According to reports, the mining farm was operating illegally...
Cryptocurrency ATM Boom Comes to Colombia
While Colombia is not a country that has embraced cryptocurrencies compared to Venezuela or some African countries, it is the country with the second most...
Travelers Will Be Able to Purchase Airline Tickets With Crypto in Venezuela
Travelers will be able to purchase airline tickets in Venezuela using cryptocurrencies in the near future. According to statements made by Freddy Borges, Director of...
Venezuela Slashes Six Zeroes off Its Currency, Bolivar Keeps Losing Ground Against the Dollar
The Central Bank Of Venezuela applied the announced redenomination plan for the national fiat currency, the bolivar on October 1. This redenomination implied slashing six...
Sunacrip and Venezuelan Intelligence Police Issue Warning on Cryptocurrency Scams
Sunacrip, the Venezuelan cryptocurrency watchdog, and the Intelligence Police (CICPC) issued a warning for the general population about cryptocurrency scams. The institutions gave a series...
Cheap Power Brings Bitcoin Mining Boom to Venezuela as Country Moves Toward Digital Economy
The very low power rates in Venezuela have created a powerful incentive to mine Bitcoin for a lucky few that have the capital (and dare)...
Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan
The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban...
Venezuelan Buys Apartment Using Tether as Real Estate Market Warms Up to Crypto
A Venezuelan individual has reportedly purchased an apartment using cryptocurrency, specifically Tether, in the coastal state of Anzoategui last month. This is one of the...
Kidnappers Kill Venezuelan Citizen for Not Paying Ransom Requested in Bitcoin
A Venezuelan merchant was kidnapped and killed after his family failed to gather a ransom that kidnappers explicitly asked to be paid in bitcoin. The...
Venezuelan Authorities Shut Down Power Supply to Bitcoin Miners in Key State
Regional authorities in one of the key states of the country, Carabobo, suspended the power supply of all registered miners, effectively shutting down their operations...