- browse online shops on your mobile
STEEMIT SOCIAL - social media site Steemit pays users to post content with a crypto : the Steem is worth around $3 and the company reckons to have paid out over $22,000,000 to users since June 2016

Steemit market
SMTs - Steem Smart Media Tokens used by Steemit are like Ethereum’s ERC-20 tokens and ’help monetize online content and create incentives to encourage desired user behavior’

CRYPTO COMMENT - ’There are more than 1,500 such (crypto) currencies with a market value of $277bn (£189bn): bitcoin accounts for $116bn of this...This money does not, for the most part, freely exchange for goods and services’ (Chris Dillow, Investor’s Chronicle)

Chris Dillow Twitter
BITPOWER - ’Bitcoin Mining Now Consuming More Electricity Than 159 Countries Including Ireland & Most Countries In Africa’ (Power Compare)
Power Compare - Bitcoin
BILL NOT CRYPTIC - Bill Gates on cryptos : ’They are a boon for kidnappers, terrorists and drug dealers...Who is the user outside speculators of anonymous currencies?’ (Sunday Times, Danny In The Valley)

Danny In The Valley
BITCOIN ARREST - South Korean media reports Kim Il-hwan, co-founder of crypto exchange CoinNest, arrested for embezzlement and fraud : nothing on CoinNest Twitter

CoinNest Twitter
FCA ON CRYPTO SYNTHS - Financial Conduct Authority statement on crypto synthetics : ’Firms conducting regulated activities in cryptocurrency derivatives must, therefore, comply with all applicable rules in the FCA’s Handbook and any relevant provisions in directly applicable European Union regulations’

BINANCE BAN - giant crypto exchange Binance banned from operating in Japan for lack of correct licence

$100 OR $100,000? - 'A decade from now, bitcoin is more likely to be $100 than $100,000' says Harvard prof Kenneth Rogoff

CRYPTO MATHS - over 1,000 cryptocurrencies in circulation, approx one-fifth created second half 2017
PETRO MUERTO? - Crypto Insider reprorts ’Venezuela’s Asamblea Nacional – a group of political figures opposed to the President’s plan – made an official statement that its members would not allow the Petro’

Death of the Petro
PETRO PROHIBITION - President Trump signs executive order banning American citizens from using El Petro, the cryptocurrency recently launched by Venezuelan president Nicolas Maduro
PETRO COLLAB - various media inc TIME mag report that El Petro ’was in fact a collaboration—a half-hidden joint venture between Venezuelan and Russian officials and businessmen, whose aim was to erode the power of U.S. sanctions...’
PETRO PRESALE - bolivar on the brink so Venezuela El Presidente Nicolas Madero has come up with a cunning plan...El Petro virtual currency : each petro, ’The crypto-asset of the Bolivarian Republic of Venezuela’, is backed by one barrel of oil!

El Petro
DIGITAL WILD WEST - ’Digital currencies inquiry launched’ : Treasury Committee MPs (on the Commons Select Committee) worried about ’Wild West’ aspect of crypto speculation so looking into ’digital currencies and distributed ledger technology’

Parliament Committees

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