Tag: Bulgaria

Nexo crypto card
January 24, 2024 BY Simon Mugo

Nexo, a Crypto Lender, Has Sued Bulgaria Seeking $3Bn in Damages

The claim was filed with the International Centre for Settlement of Investment Disputes (ICSID), a part of the World Bank based in Washington, D.C. ICSID, known for arbitrating disputes between global investors and states, registered the case on January 18, as indicated on its website. The Bulgarian finance ministry acknowledged receiving an arbitration request from…

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November 30, 2018 BY Mariela Naydenova

Major cryptocurrency theft in Bulgaria – 3 for 5

Bulgaria is known as the country with largest Bitcoin reserve after the creator of Bitcoin himself, Satoshi Nakamoto. Back in July, 2018, it was reported that Bulgaria ranked second in terms of Bitcoin reserves, as in 2017 “the Bulgarian government seized almost $1.3 billion in Bitcoins, or 213,519 coins, to be precise. The amount of…

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December 13, 2017 BY Mariela Naydenova

Scholarships in the form of Bitcoin in Bulgarian university

Bitcoin is now of one the modern "wonders" and has escalated to a price of almost $18,000 on international exchanges. Blockchain, the technology behind bitcoin, is disrupting major markets and industries, and education is not behind. For the very first time, a university in Bulgaria will offer scholarships to incoming students in the form of…

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December 13, 2016 BY admin

Bulgarian Stock Market volume in November booms 3x

Sofia-headquartered Bulgarian Stock Exchange (BSE) today reported some relatively striking volume metrics for the small European exchange. November total market turnover tripled MoM from October’s BGN 16.3 million to BGN 57.5 million ($30.9 million USD). Compared to the BGN 17.4 million in turnover in November 2015, the increase was more than three-fold YoY. The volume growth of the…

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