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
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
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
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
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
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
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
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
