Deniz Saat

Through the Bitcoin Development Fund, the Human Rights Foundation (HRF) has given 20 BTC (around $475,000) to 10 international projects. With a focus on Africa and Southeast Asia, the funding will assist initiatives including censorship-resistant communication, Bitcoin education in authoritarian regimes, core development, and building local communities.  $100,000

For $43.6 million, CleanSpark Inc. has acquired 20,000 brand-new Antminer S19j Pro+ units and will pay $32.3 million after coupons. Once deployed, the new set of miners will increase the company’s mining capacity by 37%, or 2.44 exahashes per second (EH/s). With 15,000

The state of Wyoming has approved legislation that protects its residents from being required to disclose their private keys. It now just needs the Governor’s signature to become law after being passed by the state Senate and House of Representatives. The bill reads: No person shall be compelled to

Tether, the most popular stablecoin in the world, is backed by billions of dollars in Treasury Bills that are managed on Wall Street. According to those familiar with the situation, Cantor Fitzgerald is assisting Tether, in managing its $39 billion bond portfolio.  The securities are part of the $69 billion

After operating for more than ten years, the Finland-based peer-to-peer (P2P) Bitcoin platform LocalBitcoins, is shutting down operations. On February 9th, LocalBitcoins announced that the company was ceasing operations due to challenging market conditions. LocalBitcoins CEO Nikolaus Kangas stated that “regardless of our efforts to overcome challenges and turn our

According to a UK court, Craig Wright cannot assert any copyright claims regarding Bitcoin’s code.  Wright was unable to provide evidence of what is known as “fixation,” in order to support his claim that the formatting of Bitcoin blocks is his intellectual property. Fixation describes the capacity to present

Bitcoin miner Hut 8 and US Bitcoin Corp. have agreed to merge. Under the newly formed Hut 8 Corp., both companies are now wholly owned subsidiaries. The press release states that “the transaction is expected to establish [Hut 8 Corp.] as a large-scale, publicly traded Bitcoin miner focused on economical

According to remarks made by Sean O’Neal of Cleary Gottlieb, who is representing Genesis, a division of Digital Currency Group (DCG), a restructuring agreement has been reached with creditors. The sale of Genesis Global Trading would be one part of this plan to maximize recovery. The agreement will also