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Deniz Saat

Deniz Saat is an IT services specialist, technical writer and editor for BTC Times. His mission is to onboard as many people as possible into Bitcoin.

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Deniz Saat's Work 922 Articles
Over $34 Million Stolen From Crypto.com Accounts
Over $34 Million Stolen From Crypto.com Accounts

Crypto.com is a Singapore based cryptocurrency exchange with a reported ten million users and 3,000 employees. The exchange confirmed on January 17th, 2022 that unauthorized withdrawals were initiated. The lost funds include 443.93 BTC, 4,836.26 ETH, and $66,200 in other currencies. The total funds

News  •  Bitcoin  •  Jan 20, 2022
San Diego State University Now Accepts Bitcoin Donations
San Diego State University Now Accepts Bitcoin Donations

On January 13th, 2022, San Diego State University (SDSU) announced that they will be accepting Bitcoin donations from alumni and patrons. After receiving the first donation of 0.5 BTC in October of 2021, the university created the Montezuma & Satoshi Cryptocurrency Endowment. One of the more publicized Bitcoin donations

News  •  Bitcoin  •  Jan 19, 2022
U.S. Government Agencies and Ripple’s University Blockchain Research Initiative Have Teamed Up Against Proof-of-Work Mining
U.S. Government Agencies and Ripple’s University Blockchain Research Initiative Have Teamed Up Against Proof-of-Work Mining

The Department of Treasury, National Bureau of Economic Research, and Ripple’s University Blockchain Research Initiative published a paper in May last year that analysed the effect of cryptocurrency mining on local electricity price increases.  The document, authored by Berkeley researchers Matteo Benetton, Adair Morse, and Giovanni Compiani from the

News  •  Bitcoin  •  Jan 19, 2022
Next Day Funding Now Possible on Fold App
Next Day Funding Now Possible on Fold App

Bitcoin rewards for Fold App cardholders just got a bit more exciting with the recent rollout of next day funding. Fold App users now have the ability to spend more quickly and earn more bitcoin rewards for items they already buy on a day-to-day basis.  Fold App first announced development

News  •  Bitcoin  •  Jan 19, 2022
Cash App Users Can Now Send Bitcoin for Free via The Lightning Network
Cash App Users Can Now Send Bitcoin for Free via The Lightning Network

In the next few weeks, a new era will emerge for peer-to-peer payments. Cash App will be rolling out Lightning Network integration for its users. It is confirmed that this feature will only be available for users in the United States at this time.  In Kate Rooney’s tweet, she

News  •  Bitcoin  •  Jan 17, 2022
Canadian MP Gives Colleagues a Lesson On Money, Debasement, Inflation
Canadian MP Gives Colleagues a Lesson On Money, Debasement, Inflation

Pierre Poilievre, a Member of Canadian Parliament for Carleton, Ontario, recently spoke in Parliament about money, currency debasement, and inflation. Poilievre is a Conservative known for championing the free market and limiting government overreach. On January 16th of 2022, Poilievre posted a video on Twitter with accompanying text asking “What

News  •  Bitcoin  •  Jan 17, 2022
Rio De Janeiro Considering 10% Discount for Bitcoin Tax Payments, 1% Treasury Allocation to Cryptocurrency
Rio De Janeiro Considering 10% Discount for Bitcoin Tax Payments, 1% Treasury Allocation to Cryptocurrency

During the Rio Innovation Week conference, Paes stated “We are going to launch Cripto Rio and invest 1% of the Treasury in cryptocurrency”.  Miami Mayor Francis Suarez also made an appearance to discuss the possibility of utilizing cryptocurrencies within Rio. Paes plans to do something similar to what Suarez has

News  •  Bitcoin  •  Jan 14, 2022
House Committee Announces Hearing on Energy Footprint of Digital Assets
House Committee Announces Hearing on Energy Footprint of Digital Assets

The U.S. has now become the world’s leading nation in Bitcoin and other digital asset mining after a historical miner exodus from China in the summer of 2021. Miners in Kazakhstan, the second biggest mining nation by hashrate, have also experienced disruption to their operations due to recent

News  •  Bitcoin  •  Jan 13, 2022
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