• ICE indicts Venezuelan Petro leader
    Cryptocurrencies,  Politics

    U.S. puts $5M bounty on head of Venezuela’s Petro Superintendent

    Superintendent of Venezuela Government Cryptocurrency Joselit Ramirez Camacho was indicted for money laundering, violating U.S. sanctions, and working with designated drug kingpins

    Joselit Ramirez Camacho, is “accused of having deep political, social and economic ties to multiple alleged narcotics kingpins, including the country’s former vice president, Tareck El Aissami,” according to a statement released on June 1 by the ICE Homeland Security Investigations division.

  • newspaper
    Asia & Australia,  Bitcoin,  Ethereum,  Latin America,  Media,  Ripple,  Tether

    Must-reads for August 31, 2018 (Labor Day Weekend): Ethereum futures, missing petros, useless bitcoins, Walmart robots, and more

    Here are the crypto stories you should be watching today

    Cboe, the exchange group behind the first market for bitcoin futures, is telling market makers that ether futures will soon be live (Business Insider) A source has told Business Insider that the CBOE, which launched the first U.S. regulated futures on bitcoin, is looking to launch an ether-based futures contract as soon as December. As of last week, the total open interest in the CBOE’s bitcoin contract equaled only 4,069 BTC, or a little more than $28 million.   Special Report: In Venezuela, new cryptocurrency is nowhere to be found (Reuters) The Venezuelan government’s much-hyped oil-backed cryptocurrency known as the petro is tough to find. It’s not in exchanges and…

  • news
    Bitcoin,  Ethereum,  Latin America,  Litecoin,  Media,  United States

    Must-reads for August 20, 2018

    Here are the crypto stories you should be watching today

    Maduro orders 96 percent devaluation in hyperinflation-stricken Venezuela (Reuters) The hell-on-earth created by Hugo Chavez and his equally noxious successor, Nicolas Maduro, has led to swaths of starving people eating their pets and zoo animals. However, for HODL bros, Maduro is an enlightened leader of a nation that now has a fiat currency officially pegged to its own cryptocurrency, the petro. That means a 96 percent instant devaluation of the bolivar. Remember, kids: Danish socialism is what they try to sell places like Park Slope and the suburbs but the reality usually looks like Venezuela.   The blockchain bonanza is over for graphics card makers (Ars Technica) Remember when Nvidia’s…