A bolivar-to-petro exchange app from Venezuela, the Chinese mining companies go public, more reflections on Bitcoin, Zuckerberg's sister at Huobi, VeChain to partner with BMW and Renault, and one more state-backed currency
- Senator speaks against the shutdown of a power plant in Montana. Senator Daines says that closing down the power plant can hinder Montana’s flourishing mining business.
- Venezuelans can now convert old bolivars to Petro-pegged ones using an app. Launched by the Central Bank, the app will take away five zeros from old bolivars.
- Three biggest Chinese mining companies are holding IPOs. Bitmain, Canaan Inc and Ebang International Holdings are going public.
- A Zuckerberg in Huobi. Mark’s sister, Randi Zuckerberg will be joining Huobi to help develop the platform. Can we expect Mark to be involved too?
- A researcher says the 2018 bitcoin correction is nothing like the 2014 slump. Willy Woo is optimistic about bitcoin and anticipates the end of the bear market.
- VeChain drops hints at a partnership with BMW and Renault. VeChain is picking up big steam and keep on delivering products.
- Israel is considering a ‘crypto-shekel’. Seeing the popularity of crypto among citizens, Israel wants to launch a state-backed currency to fight money laundering.