Petro

Venezuela’s Petro Cryptocurrency Ends its Run

KEY TAKEAWAYSVenezuela's national cryptocurrency, Petro, will shut down on January 15 after a six-year lifespan.Initially created to circumvent U.S. sanctions, Petro was backed by...

Maduro’s scheme to give away petro to Venezuela’s youth is good for bitcoin

The government of Venezuela will not let its petro cryptocurrency dreams die.  And Venezuela’s embattled president, Nicolás Maduro, now has a new plan to...

The petro is real and Venezuelans are slowly starting to trade it

The petro is at once the technological savior of Venezuela’s economy and the biggest fraud ever perpetrated by President Nicolás Maduro’s socialist government, depending...

US Treasury Accuses Russian Bank Of Helping Venezuela Skirt US Sanctions Via Petro

This action signals an increase in US pressure on the Venezuelan government.The US Treasury Department has alleged that Evrofinance Mosnarbank (Evrofinance), a Russia-based financial...

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Bitcoin Suisse to shift up to half of its Swiss jobs abroad.

Bitcoin Suisse plans to relocate up to 60 of its 120 Swiss positions, primarily back-office and administrative roles, to...

OpenAI Asks Congress if AI Rivals Can Legally Slow Development

OpenAI has asked lawmakers whether rival AI developers could legally coordinate a slowdown, according to WIRED.Experts say funding and...

Tanker shipping ETF up 5,100% on Iran war, best in US

The Breakwave Tanker Shipping ETF (BWET) has gained 5,100% over the past year and 3,600% year-to-date, making it the...