Surbitcoin
News

Venezuela Shuts Down Bitcoin Exchange, Arrests More Miners

Venezuela’s largest Bitcoin exchange Surbitcoin is no longer trading locally after its bank suddenly suspended withdrawal and deposit services. Surbitcoin To ‘Establish New...

William Suberg | Feb 04, 2017 | 12:00
crisis
Bitcoin

Nigeria: An In-Depth Look at Using Bitcoin in a Currency Crisis

This case-study will focus on Bitcoin’s rise in Nigeria. It was partially inspired by a question from Bloomberg’s Joe Weisenthal about what benefits does Bitcoin bring to...

SG Kinsmann | Feb 02, 2017 | 11:00
Miners
News

Venezuela Arrests 4 Bitcoin Miners as Trading Highs Continue

Venezuela has arrested a group of Bitcoin miners for allegedly “affecting stability” of the country’s electricity supply. Thirsty Work Causes Problems for Miners As reported in...

William Suberg | Jan 26, 2017 | 06:00
SIMS
Bitcoin

Bitcoin is Soaring to $1,000: Why This Time, It’s Different

Bitcoin’s amazing rise continues to break records, setting an all-time high market cap and reaching for the highest price since 2013. However, this familiar bull-run is different...

Antonio Madeira | Dec 30, 2016 | 11:00
Travel
Bitcoin Businesses

‘Sorry, Bitcoin Only’: Venezuelan Travel Agency Responds...

Venezuelan online travel agency Destinia will now only accept Bitcoin for payment citing “increasing restrictions” and economic woes in the country.  Travel Agency...

Kei K | Dec 29, 2016 | 05:35
Bills
News

Unholy Trinity: Australia Joins in Cash Crunch, $100 Bills Could Go

Australia is mulling the idea of decommissioning its highest value banknote in what appears to be a global trend for removing physical bills. Minister: Priority ‘Closing Down...

William Suberg | Dec 14, 2016 | 06:10
Venezuela
News

Bitcoin Liftoff? Now Venezuela is Ditching Big Bills to ‘Fight...

Venezuela has announced the sudden withdrawal of its highest-value banknote, replacing it with coins ahead of a sudden major currency restructure. President to Mafia: ‘Stay...

William Suberg | Dec 12, 2016 | 05:05
Bitcoin

Venezuela “Tests” Bitcoin Website Ban – Streisand...

Update: The source of the downtime seems to be an attack on a website (DolarToday) which was using CloudFlare. As a result, multiple sites, including bitcoin sites, were unavailable...

Caleb Chen | Oct 01, 2015 | 14:13
Bitcoin

Venezuelans are using Bitcoin to go around government restrictions

The country's foreign currency policy has been restricting exchanges for several years now, and since then the only legal method for Venezuelans to get US dollars is through a...

Nuno Menezes | Oct 16, 2014 | 05:58

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