Venezuela Readies New 'Petro Gold' Token & Smart Contract Vulnerabilities

NEWS
Venezuela’s Cryptocurrency Is Here, But Who’s Involved Isn’t Clear
https://www.coindesk.com/whos-working-venezuelas-cryptocurrency/

Venezuela Decides One Coin’s Not Enough, Readies New ‘Petro Gold’ Token
http://bitcoinist.com/venezuela-decides-one-coins-not-enough-readies-new-petro-gold-token/
Venezuela’s President Orders Companies to Accept Petro
https://www.coindesk.com/venezuelas-president-orders-state-owned-companies-accept-petro/

The Next Petro? Iranian Minister Reveals Cryptocurrency Plans
https://www.coindesk.com/next-petro-iranian-minister-reveals-cryptocurrency-plans/

PayPal CFO: Bitcoin’s Success is Very Likely
http://bitcoinist.com/paypal-cfo-bitcoins-success-is-very-likely/

The Legal Risk to ICOs That No One’s Talking About
https://www.coindesk.com/legal-risk-icos-private-lawsuits-securities-laws/

Bitcoin Lightning Fraud? Laolu Is Building a ‘Watchtower’ to Fight It
https://www.coindesk.com/laolu-building-watchtower-fight-bitcoin-lightning-fraud/

German Regulator Pledges ‘Precise’ Oversight of ICOs
https://www.coindesk.com/german-regulator-pledges-precise-oversight-icos/

Oil Data Firm Platts Rolls Out Commercial Blockchain Platform
https://www.coindesk.com/oil-data-firm-platts-rolls-out-commercial-blockchain-platform/

Coinbase Gives IRS More Than 10k Users’ Information
http://bitcoinist.com/coinbase-vs-irs-exchange-turns-10000-users-information/

Bank of America Admits Bitcoin is a Threat in SEC Report
http://bitcoinist.com/bank-of-america-bitcoin-threat-sec-report/

Researchers Uncover Ethereum Contract Vulnerabilities Putting Millions Of Dollars At Risk
https://hothardware.com/news/millions-in-ethereum-at-risk

Axed List
Former Top JPMorgan Trader Says Banks ‘Have Absolutely Failed’ With Cryptocurrency- Echoing the threat BoFA stated, Daniel Masters , a former JPMorgan trader, talks about how banks have failed to adapt to digital currencies. They see it all as ponzis and scams. This will prove fatal once crypto’s revolutionary potential starts to be used more widely.
http://bitcoinist.com/former-top-jpmorgan-trader-says-banks-absolutely-failed-cryptocurrency/

Is Proof-of-Work a Major Problem for Bitcoin’s Future? - As we all know eventually proof of work will come at a cross road due to its energy consumption. This article doesn’t give us much else but a warning everyone should keep in mind.
https://www.newsbtc.com/2018/02/24/proof-of-work-major-problem-bitcoin/