According to sources, Sam Bankman-Fried’s cryptocurrency trading firm, Alameda Research, has been secretly funding The Block for more than a year. The media outlet claims to cover cryptocurrency news independently. According to those knowledgeable of the situation, one $16 million payment was made by Alameda to be used in
News - Business - Dec 09, 2022Gridless is a Bitcoin mining company that focuses on rural areas in East Africa and has recently raised $2 million in a seed round led by Stillmark and Block, Inc. Factor[e] also recently led an angel round for Gridless. The funds will be used for supporting the expansion of
News - Bitcoin - Dec 06, 2022The Built With Bitcoin Foundation (BWB) has unveiled a new Bitcoin Technology Center in the city of Ejisu, Ghana, as part of the legacy of the inaugural Africa Bitcoin Conference. The center will be run by and for the benefit of the local community in Ghana. On December 8th, 2022,
News - Bitcoin - Dec 05, 2022Brazil’s Chamber of Deputies have approved a comprehensive regulatory framework for the usage and trade of Bitcoin and cryptocurrencies within the country. The new regulations, which were approved on Tuesday night in Brasília, the nation’s capital, acknowledge Bitcoin and cryptocurrencies as digital representations of value that may be
News - Bitcoin - Nov 30, 2022Following the collapse of potential acquirer FTX, struggling cryptocurrency lender BlockFi has applied for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey. The company disclosed in the filing that it had more than 100,000 creditors along with liabilities and assets ranging
News - Business - Nov 28, 2022The launch of El Salvador’s Bitcoin-backed “volcano” bonds was made possible by the submission of a bill authorizing the issuance of digital assets to the nation’s legislative assembly by Minister of the Economy Maria Luisa Hayem Brevé. The innovative project, which was first announced a year ago on
News - Bitcoin - Nov 23, 2022ZEBEDEE’s app will be integrated into Bitrefill’s services, per release. This partnership enables users to spend the Bitcoin they earn from playing games on thousands of gift cards without ever leaving the app, creating a full circular economy within ZEBEDEE. Bitrefill is the largest global provider of gift
News - Bitcoin - Nov 22, 2022El Salvador’s president, Nayib Bukele, declared late last night that the nation would be buying one Bitcoin every day beginning today. https://twitter.com/nayibbukele/status/1593113857261965312 El Salvador currently has 2,381 BTC Bitcoin in its treasury, which is worth more than $39 million. When the market is
News - Bitcoin - Nov 17, 2022