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Marek F.

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Marek F.'s Work 25 Articles
BlackRock Partners With Coinbase To Offer Bitcoin Services
BlackRock Partners With Coinbase To Offer Bitcoin Services

BlackRock, an asset manager with more than $10 trillion assets under management (AUM), announced on August 4th, 2022 that it is partnering with Coinbase to facilitate Bitcoin trading services for its clients. In a post shared by Coinbase, the company announced that Coinbase Prime, an institutional brokerage platform with more

News  •  Bitcoin  •  Aug 04, 2022
Riot Blockchain Releases July 2022 Bitcoin Mining Results
Riot Blockchain Releases July 2022 Bitcoin Mining Results

Riot Blockchain July Highlights * 4.2 EH/s with 40,311 active miners * 318 BTC mined * $9.5 million dollars (equivalent of about 439 BTC) earned thanks to power credits * 6,696 total BTC held as of July 2022 Decrease in Number of Bitcoins Mined As per the July 2022

News  •  Bitcoin  •  Aug 04, 2022
Galoy Brings U.S. Dollars To Lightning Network While Raising $4 Million
Galoy Brings U.S. Dollars To Lightning Network While Raising $4 Million

Galoy Inc. is an open-source Bitcoin banking infrastructure company behind the development of El Salvador’s Bitcoin wallet. In a recent press release, Galoy announced that it is now adding Bitcoin-backed synthetic U.S. dollars as one of its features while also successfully raising $4 million in funding.  Known as

News  •  Bitcoin  •  Aug 03, 2022
New Chipotle Promotion Encourages Customers To Buy the Dip
New Chipotle Promotion Encourages Customers To Buy the Dip

Chipotle is no stranger to promoting their brand through Bitcoin and cryptocurrency. As per this press release, Chipotle has announced today that it will give away more than $200,000 in free Bitcoin and crypto to its users as well as provide promo codes for 1-cent guac and 1-cent Queso

News  •  Bitcoin  •  Jul 25, 2022
Tesla Sold Vast Majority of Bitcoin Holdings
Tesla Sold Vast Majority of Bitcoin Holdings

Leading electric car manufacturer, Tesla, sold most of its Bitcoin holdings in Q2 of 2022 according to their recent earnings report. Tesla sold approximately 75% of its Bitcoin position, which translates to more than $936 million, but the company currently holds around $218 million worth of Bitcoin. Tesla’s quarterly

News  •  Bitcoin  •  Jul 20, 2022
Singapore-based Zipmex Exchange Has Paused Withdrawals
Singapore-based Zipmex Exchange Has Paused Withdrawals

Zipmex becomes yet another cryptocurrency company that is troubled by the current market conditions. Zipmex, a Singapore-based cryptocurrency exchange that operates in Thailand, Indonesia, and Australia, has released an official statement that the company will be pausing withdrawals.  The message below was announced from the Zipmex Twitter account explaining the

News  •  Bitcoin  •  Jul 20, 2022
Southland Credit Union Launches Bitcoin Purchases With NYDIG Partnership
Southland Credit Union Launches Bitcoin Purchases With NYDIG Partnership

Southland Credit Union, a $1 billion credit union that offers its products and services to more than 60,000 members in Orange County and Los Angeles, has just launched a Bitcoin purchase option for its members. As per the press release, the members of Southland Credit Union will be able

News  •  Bitcoin  •  Jul 18, 2022
Celsius Files for Chapter 11 Bankruptcy
Celsius Files for Chapter 11 Bankruptcy

Celsius, a crypto lending firm that had more than $8 billion in loans to clients and about $12 billion in assets under management in May, has just filed for Chapter 11 proceedings in the state of New York. As of now, the company revealed it has around $167 million dollars

News  •  Bitcoin  •  Jul 15, 2022
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