The non-profit, ₿trust, has recently located the founding member for its new Africa Open Source Cohort that will be locating and educating new Bitcoin developers in Africa. ₿trust was initially funded with a 500 BTC donation by Square CEO Jack Dorsey and rapper Jay-Z in February 2021. ₿trust was created
News - Bitcoin - Jul 21, 2022Bitcoin infrastructure provider IBEX Mercado and Guatemalan startup OSMO Wallet are partnering to enable Central American users to buy, sell, and transact with Bitcoin. The two companies are building out Bitcoin infrastructure in areas where 70% of the population are still unbanked despite the wide adoption of smartphones. With increasing
News - Bitcoin - Jul 20, 2022According to a Coindesk report, BNP Paribas will be working with Bitcoin and crypto custody specialist Metaco, a Swiss digital custody firm. Metaco has recently been one of the top Bitcoin and cryptocurrency providers for banks and institutions that are looking to get into the space. BNP Paribas currently manages
News - Bitcoin - Jul 19, 2022PostFinance is the fifth largest financial services bank in Switzerland while also serving as the banking arm for the country’s post office. The company announced that they will be offering 2.69 million of their customers the option to buy, sell, and hold Bitcoin by the year 2024. Despite
News - Bitcoin - Jul 11, 2022Derivatives exchange CoinFLEX has made headlines recently after first freezing funds for account holders and then for revealing that Roger Ver, a widely known B-Cash advocate, owed the platform $47 million in collateral. Co-founders Sudhu Arumugam and Mark Lamb have recently released an update on the company’s current state
News - Bitcoin - Jul 09, 2022Blockchain.com is the latest victim in the Three Arrows Capital (3AC) fallout as the exchange stands to lose up to $270 million based on the company’s latest shareholder letter. 3AC is currently undergoing liquidations in the British Virgin Islands and is being handled by partners from Teneo Restructuring,
News - Business - Jul 08, 2022On July 6th, 2022, Voyager Digital announced that the cryptocurrency brokerage firm is filing for Chapter 11 bankruptcy. This was done as a “a voluntary Chapter 11 process to maximize value for all stakeholders.” Additionally, all of Voyager Digital’s main subsidiaries “filed voluntary petitions for reorganization under Chapter 11”
News - Business - Jul 06, 2022Crypto hedge fund Three Arrows Capital (3AC) has filed for Chapter 15 bankruptcy in order to protect its U.S. assets. Currently a liquidation is taking place for the company in the British Virgin Islands after a court order from a judge. This occurred after claims that 3AC failed to
News - Business - Jul 02, 2022