Tag: Emerging Markets

A New Bitcoin World

Biggest Bank in Venezuela Suffers 5 Day Outage After Hack Attempt

Biggest Bank in Venezuela Suffers 5 Day Outage After Hack AttemptThe Bank of Venezuela, one of the biggest state banks in the country, is now experiencing an outage that has left its customers without services for five days. The bank published a PR statement stating this was the result of a “terrorist attack” on the national financial system, being perpetrated in the form of a […]


September 21, 2021 0

A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption

A Look at Why Venezuela Is the Third Country With the Most Crypto AdoptionVenezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers behind this crisis that made […]


May 28, 2021 0

Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies Payments

Major Venezuelan Satellite TV Provider Enables Bitcoin and Other Cryptocurrencies PaymentsVenezuelan customers from the biggest satellite TV provider in the country are now able to pay their monthly bills via cryptocurrencies. Simple TV announced it had enabled the feature to its over four million users, whose company was the replacement of Directv. Company Expects to Cut Dependency on Fiat Dollar According to the announcement, the […]


March 30, 2021 0

Venezuela To Start Using Cryptocurrency in Global Trade in Efforts To Fend off U.S. Sanctions

Venezuela president Nicolas Maduro says the country is to start using cryptocurrency in both domestic and global trade, as part of efforts to neutralize crippling U.S. economic sanctions. Speaking in the country’s parliament on Sept. 29, Maduro revealed that the move will “give new strength to the use of petro and other cryptocurrencies, national and […]

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October 1, 2020 0

Startup Company Sets up Bitcoin ATM in Botswana

Company Sets up Bitcoin ATM in BotswanaExpress Minds Ltd has set up a bitcoin automated teller machine (BATM) in Gaborone, Botswana, increasing the number of the machines on the continent to 10. The fiat-to-crypto machine allows users to purchase bitcoin by scanning a QR code for their wallet address, feed money into the machine and get the crypto equivalent automatically assigned […]

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March 4, 2019 0

One Man’s Quest to Make Buenos Aires a Bitcoin City

A 19-year-old information engineering student in Buenos Aires, Argentina, has started a grassroots campaign to educate local businesses about accepting bitcoin as a payment method. First introduced to the cryptocurrency when he was 13, Leo is intent on seeing the vision of bitcoin becoming a mainstream transactional currency realized, and believes that homegrown actions as […]

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February 25, 2019 0

Steady Rise in Small Businesses Accepting Bitcoin Payments in Kenya

Steady Rise in Small Businesses Accepting Bitcoin Payments in KenyaKenyan health services provider Health Land Spa has started taking BTC and other cryptocurrencies as a means of payment with a view to increasing accountability and averting losses. Across East Africa, cryptocurrency acceptance is on the rise, with at least two restaurants in Uganda and Kenya selling food for virtual currencies. Also read: Wirex Introduces Iban […]

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December 11, 2018 0

Bitcoin Cash Merchant Directory Marco Coino Surpasses 500 Listings

Over the last year bitcoin cash adoption has been thriving and in certain regions, BCH merchants are spreading like wildfire. Thanks to a slew of cryptocurrency payment processors and people pressing for adoption there are thousands of BCH accepting merchants these days. One application called Marco Coino helps bitcoiners find BCH brick-and-mortar retailers on a […]

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October 20, 2018 0

New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin

New Pos Terminal by Pundix Allows Nigerians to Make Purchases in BitcoinIndonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches […]

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September 29, 2018 0

The Darknet Cat and Mouse Game: Law Enforcement Gains More Traction

The Darknet Cat and Mouse Game: Law Enforcement Gains More TractionSince the dawn of the Silk Road and the myriad of darknet markets (DNM) that followed, it’s been a cat and mouse game between law enforcement and DNM vendors and users. Also read: Proof-of-Stake is a Rebranded Version of the Old Financial System Operation Bayonet For a while, after the Silk Road was taken down it […]

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September 8, 2018 0