Nick Chong
Nick is a writer and analyst who has been following Bitcoin since 2013. When he is not writing, he works on HTC's Bitcoin phone, EXODUS.
Recent weeks have seen a lot of movement surrounding regulatory developments for cryptocurrencies and the deployments of such, from reports of an upcoming bill in Spain, a full regulatory cryptocurrency framework released by the U.S. Department of Justice, a crypto derivatives ban in the UK, and serious enforcement actions
News • Bitcoin • Oct 13, 2020Under the nose of many in the cryptocurrency space, Stone Ridge Asset Management has accumulated $115 million worth of bitcoin. The $10 billion asset manager confirmed this news to Forbes on October 13th, but did not disclose when exactly the funds were deployed to purchase these coins. Through partially-owned subsidiary
News • Bitcoin • Oct 12, 2020For Bitcoin enthusiasts who don't get seasick, a new unconventional living concept is hitting the high seas: a cruise ship whose inhabitants can pay for their homes, services, and goods in bitcoin. According to the boating publication Maritime Executive, Ocean Builders, a company previously focused on building seasteading
News • Bitcoin • Oct 11, 2020While it's unclear if Tesla is looking to get involved in Bitcoin at a corporate level, Tesla employees can apparently dollar-cost average into the leading cryptocurrency at Bitcoin automated teller machines (ATM) inside its first Gigafactory. Will Reeves, CEO of payments app Fold, noted on October 10th that
News • Bitcoin • Oct 10, 2020On October 8th, the U.S. Department of Justice (DOJ) released a cryptocurrency enforcement framework in response to the "emerging threats" associated with the continued adoption of Bitcoin and related technologies. Attorney General William Barr, who runs a Cyber-Digital Task Force, commented on the publication: Cryptocurrency is a
News • Bitcoin • Oct 07, 2020On October 5th, the European Union's Europol, a supernational law enforcement agency, released a report that made it clear Bitcoin and cryptocurrencies are under their purview. The report, titled the "Internet Organised Crime Threat Assessment" for 2020, covered how the internet and related technologies can be
News • Bitcoin • Oct 06, 2020Underscoring the strength of the Bitcoin market, Austria-based cryptocurrency broker Bitpanda announced on September 29th that it had just concluded a $52 million Series A funding round. The round saw participation from Valar Ventures, a venture fund backed by PayPal co-founder Peter Thiel, alongside other known and unnamed investors. Bitpanda
News • Bitcoin • Sep 29, 2020For over four years, OpenBazaar has been servicing the Bitcoin industry by providing a platform that allows users to buy and sell products using bitcoin, without a middleman. While the platform is known by many in the Bitcoin space, OB1, the team behind the project, announced on September 25th that
News • Bitcoin • Sep 27, 2020