• Venezuela centralizes bitcoin mining
    Bitcoin,  Politics

    Venezuela centralizes bitcoin mining

    A new decree by the economically devastated country would force all Bitcoin miners into a national pool, with mining rewards distributed by the government

    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.

  • 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.

  • bitcoin will be mainstream
    Bitcoin

    Poll: Nearly 40% think bitcoin will be mainstream in a decade

    But, almost they same number of Americans polled by P2P exchange Paxful think BTC and cryptocurrencies in general will have died off by then

    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.

  • 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…