Crypto Community Eyes US–Iran Crisis As Tensions Flare
As good as gold? Not so fast. “It appears a decent internet connection is crypto’s newest Achilles heel.” Go to Source Powered by WPeMatico
OIL
Auto Added by WPeMatico
Bitcoin Is Becoming More Valuable to Iranians Amid Tensions With US
The recent geopolitical turmoil between Iran and the United States seems to have pushed Bitcoin-related searches across the Middle Eastern nation to an all-time high Go to Source Powered by WPeMatico
Federal Reserve Considers Creating a Separate Entity for Cash Injections
While American President Donald Trump wages war with Iran, the U.S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday. The same day, Rabobank strategist Philip Marey predicted the central bank will reduce interest rates to zero in … Read more
SEC-Licensed Broker-Dealer BitOoda Secures $7M Seed Funding
SEC-registered crypto brokerage BitOoda secures $7 million in funding from investors including former senior investment exec at JPMorgan Go to Source Powered by WPeMatico
Oil and Gas Consortium Is 1st to Apply DLT to Industry Balloting
A group of 10 global oil and gas firms like Chevron and Shell sees successful pilot for digitized industry balloting using blockchain Go to Source Powered by WPeMatico
Venezuela Cuts Petro’s Backing from 5B Barrels of Oil to 30M: Reuters
Venezuela to back its Petro with 30 million barrels of crude oil instead of 5 billion barrels as initially planned Go to Source Powered by WPeMatico
Ripple Criticized for Alleged Misrepresentation of Relationship to XRP
Ripple Labs comes under renewed criticism for its allegedly misleading representations that it “discovered” — rather than created — the XRP token Go to Source Powered by WPeMatico
Australian Startup to Offer 20% Payback on Fuel Purchases in Tokens
Australian startup Incent plans to offer a 20% payback in its INCNT tokens on fuel purchases Go to Source Powered by WPeMatico
Venezuela’s Central Bank Indicates Plans to Stockpile Bitcoin
Various reports reveal Venezuela’s central bank is allegedly contemplating hoarding a variety of cryptocurrencies like BTC within its internal reserves. The state-operated gas company Petroleos de Venezuela SA (PDVSA) has asked to send BTC and ETH payments to Banco Central de Venezuela’s (BCV) vaults to pay for oil and gas operations. Also read: Maduro’s Petro … Read more
Iran Is Being Targeted for Economic Independence, Not Terrorism
New, unprecedented economic sanctions have been imposed on Iran’s central bank after blame for a September 14 oil field attack was pinned on the nation by U.S. leaders. The sanctions blacklist the Iranian central bank and sovereign wealth fund, further severing the country’s already tenuous ties to the global market. With soldiers and weapons “of … Read more
