The Venezuelan Government is Forcing Petro Down the Pensioners’ Throats

The Government of Venezuela is reportedly taking pensioners’ bolivars from their accounts and replacing them with their cryptocurrency, the Petro. According to Caracas Chronicles, the elderly residents recently received their monthly pensions in Venezuela’s official currency. Their wallet service, dubbed as Motherland, sent a notification that their accounts were credited with 1,800 Bolivars. However, the The post The Venezuelan Government is Forcing Petro Down the Pensioners’ Throats appeared first on CCN

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US Stock Market Experiences Drastic Trend Reversal While Crypto Plunges

Over the past eight hours, the U.S. stock market demonstrated one of the most drastic trend reversals of 2018. Meanwhile, more than $16 billion was wiped out of the crypto market. Throughout the past 48 hours, the U.S. stock market and the Dow Jones seemed to be experiencing a steep decline in value, as the The post US Stock Market Experiences Drastic Trend Reversal While Crypto Plunges appeared first on CCN

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Huobi Partners With Korean And Chinese Investors to Support Blockchain Initiatives

Huobi, the global cryptocurrency exchange, has partnered with NewMargin Capital and Kiwoom Securities Co., Ltd. to start an investment fund to support blockchain enterprises in China and South Korea and encourage cooperation among the enterprises, according to China Money Network. The fund is targeting 100 billion won ($93 million). NewMargin Capital is a Beijing based … Continued The post Huobi Partners With Korean And Chinese Investors to Support Blockchain Initiatives appeared first on CCN

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