Zuckerberg, Dimon, Maduro…You Are Not Welcome Here!

Facebook is the latest in a raft of corporate or government entities creating their own cryptocurrencies. Within weeks of JPMorgan announcing its plans to launch the JPMorgan coin, sources leaked confirmation of the crypto landscape’s worst-kept secret–that the Zuckerberg blockchain team was working on a native cryptocurrency. The social network joins a dubious lineup of […]

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Report: Venezuela Is Forcibly Converting Pension Balances to the Petro

Venezuela has reportedly begun converting pensioners’ monthly payments into its controversial cryptocurrency, the petro. According to the Caracas Chronicles, an English-language politics and economics blog based in the country, the government has recently been taking the bolivares (the country’s current fiat currency) paid to its elderly residents and automatically swapping them for petros. Normally, a […]

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