Destinia Starts Accepting Bitcoin amid Venezuela’s Currency Collapse

The Venezuelan economy is in shambles as the Venezuelan Bolivar’s value has been steadily decreasing due to the rigid exchange control in place since 2003. Concerned with the financial turmoil, Destinia has announced to operate exclusively in Bitcoins in Venezuela. Destinia, a well-known travel agency, has taken the decision to accept payments only in Bitcoin …

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Bitcoin IRA Opens Accounts Valued Over $2,000,000 and Launches Innovative Pricing Model

Last Friday Bitcoin IRA announced the successful completion of a new milestone. After reaching a milestone of $2 million, in new accounts during 5 months, Bitcoin IRA is now introducing new, innovative pricing features. At this point in its history, bitcoin could be considered the ideal hedge against the dollar. While consumer transactions in bitcoin …

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Bancorp’s Cube8 Innovation Lab to Further Blockchain Tech for Fintech Sector

The private labeled financial and banking solutions provider for non-banking entities, Bancorp has forayed into blockchain technology. In order to create new-age financial technology solutions for its customers, the company has announced the launch of Cube8 Innovation Lab. Cube8 will be a fintech innovation and development studio dedicated to exploring and implementing unconventional and radical …

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Bitcoin Loan Platform BitLendingClub to Shut Down

Peer-to-peer bitcoin lending platform BitLendingClub has announced that it is shutting down next year. First detailed in an email to users and later a blog post on its website, BitLendingClub said that “regulatory pressure” in Bulgaria, where the site is based, had driven the site to close. While the platform’s operators weren’t clear on exactly when the …

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