The Venezuelan government’s ideology of centralized control of the economy has led to its collapse into hyperinflation. Now Nicolas Maduro’s regime is bringing that philosophy to the decentralized world of Bitcoin mining.
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.
Almost 50% of respondents believe “a triggering event in the traditional financial system” will cause a surge in Bitcoin use—somewhat fitting given how it was invented in the immediate aftermath of the 2008 financial crisis.
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…
