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Stablecoin payment app Reserve helps individuals protect their savings against inflation in Latin America

"Our long-term vision is to create a currency that is stronger than any fiat currency that exists now," said Reserve community manager Yens Michiels.

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Venezuelan Court Rolls Back Seizure of More Than 1,000 Bitcoin Miners

A Venezuelan court in the capital of the country has rolled back a seizure of more than 1,000 Bitcoin miners due to irregularities that occurred during the confiscation. According to…

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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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