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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 without permits that the national…

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Venezuela’s International Airport to Reportedly Accept Bitcoin Payments for Flight Tickets

Simón Bolivar International Airport, also known as Maiquetía, plans to enable customers to purchase airline tickets using digital assets. according to a recent report. Bitcoin Could Take You in The…

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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 the Maiquetía International Airport, the…

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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 zeroes from the currency, to…

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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 of recommendations to avoid being…

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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) to purchase miners and infrastructure…

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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 from power. After a messy…

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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 first purchases of real estate…

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