Free Dash Conferences Are Coming to Venezuela Starting Next Month
Cryptocurrency conferences have always been of keen interest to a lot of people. Not only are they great places to meet like-minded people, but a conference is also a …
Tag: Venezuela
Venezuela’s Biggest Bitcoin Exchange Halts Operations
A series of raids and detentions ignited fear and anxiety in the Venezuelan bitcoin community. Yesterday, Surbitcoin – the country’s largest exchange – was forced to halt operations after Banesco, …
Four Venezuelan Bitcoin Miners Arrested by the Federal Police
The Bitcoin situation in Venezuela remains tense for the time being. Federal police officials have arrested four individuals who were running a Bitcoin mining operation in the country. All …
Bitcoin Breaks Past $900
For the first time in two years, more specifically since February of 2014, the price of cryptocurrency has surpassed a previous high of $800. The market capitalization is now sitting at …
The Venezuelan Government Recalls the Highest Denomination Bill in Circulation
In a shocking announcement, President Nicolás Maduro has ordered that the highest bill in circulation, the 100 Bolivar note ($0.025), be taken off the streets in less than 72 …
The Venezuelan Bolivar Tanks 24% of its Value in One Day
Dictatorship, devaluation, hyperinflation, drama. Those are just a few words to label what’s going on in Venezuela. The country, formerly described as a “socialist paradise” by the leftists in …
In Venezuela, Payments Are Based on The Bills’ Weight Rather Than Their Denomination
The financial situation in Venezuela is getting out of hand rather quickly. With hyperinflation plaguing the country for quite some time now, a solution remains elusive for now. Printing …
Bitcoin Price Increases 30% In Venezuela Due to Currency Devaluation
Venezuela, the South American country famous for its cheap gas (fuel) prices, has experienced a surge in both Bitcoin volume and price. The country is in the middle of the …
Venezuela Set For Mass Bitcoin Adoption As China Cuts Off Cash Flow
The financial situation in Venezuela is very dire right now. The problems are only compounded now that China is cutting off cash transfers to the country. China has poured …