Category: Venezuela

BCH House Venezuela Shows Real Cryptocurrency Adoption in First Documentary

BCH House Venezuela Shows Real Cryptocurrency Adoption in First Documentary

BCH House Venezuela, an adoption organization, has published its first documentary on social media, where it shows the way in which Venezuelans are using cryptocurrency as a means of exchange. Roberto García, the founder of this initiative, shows us the level of adoption the BCH House initiative has reached in Barquisimeto — a city in […]

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Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals

Russia Gets Bulk of Chinese Mining Machines Amid Miners’ Exodus, Report Reveals

China’s crackdown on its crypto mining sector, launched earlier this year, caused a massive migration of mining enterprises to friendlier jurisdictions. Miners have been moving enormous amount of coin minting hardware to new bases around the world, with Russia reportedly taking the largest share among several attractive destinations, including the U.S. Russia, Kazakhstan, US Accept […]

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Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report

Daily Earnings of Typical Axie Infinity Player ‘Fall Below the Philippines’ Minimum Wage Line:’ Report

This year, the Sky Mavis-crafted blockchain game Axie Infinity has seen incredible growth and has recently surpassed $3 billion in all-time sales. However, researchers at Naavik explain in a recent study that Axie Infinity players called ‘scholars’ are seeing daily earnings drop, and many have seen earnings dip below the minimum wage line of countries […]

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

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 court documents, the equipment that was seized was in the custody of a third-party company that was doing maintenance services. The court ordered Sunacrip, the […]

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Venezuelan Authorities Seize More Than 100 Miners From Clandestine Bitcoin Mining Operation

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 cryptocurrency watchdog, Sunacrip, requires for these operations. The seizure was led by the national police, officers from the national power company, and personnel from Sunacrip. […]

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Cryptocurrency ATM Boom Comes to Colombia

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 cryptocurrency ATMs in the Latam region. The reason behind this could be that Colombia has a high percentage of cash usage. This makes cryptocurrency ATMs a very important tool for […]

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

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 Air Local news media reported recently that Maiquetía International Airport could soon jump on the cryptocurrency bandwagon by allowing clients to pay for tickets and […]

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Breaking: Venezuela’s International Airport Set to Start Accepting Bitcoin ($BTC)

One of the international airports in Venezuela is all set to open a Bitcoin and other crypto payment options for ticketing amid the growing popularity of digital assets.  According to reports, Simon Bolivar International Airport is working towards enabling crypto payments in accordance with the local regulations. The airport is located in the capital city […]

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Travelers Will Be Able to Purchase Airline Tickets With Crypto in Venezuela

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 institution would be working to include cryptocurrencies such as dash, bitcoin, and the national petro as supported currencies in the airport’s payment system. Airport to […]

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Venezuela just revamped its currency, but it won’t stop people seeking digital alternatives

Venezuela just revamped its currency, but it won’t stop people seeking digital alternatives

Venezuela’s Central Bank has updated its currency to have six fewer zeroes and issued new paper bills to reflect the change, aiming to make it easier for residents to keep up with the country’s rapid inflation. But while the change should make paper currency transactions easier in theory, Venezuelans will likely still turn to digital […]

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