The Bitcoin Mining Council (BMC) announced the findings of its second quarter 2022 (“Q2") that focused on three main metrics: electricity consumption, technological efficiency, and sustainable power mix.
The BMC collected data from over 50% of the global Bitcoin Network as of June 30th, 2022, in their voluntary survey.
Bitwage, a payroll service provider that allows anyone in the world to convert their paycheck into Bitcoin without employer consent has partnered with Luana Pinheiro to make her the first female Ultimate Fighting Championship (UFC) fighter to be paid in Bitcoin.
The Brazilian fighter has joined her boyfriend Matheus Nicolau
Bitfinex has announced that it has donated 36 Bitcoin and $600,000 worth of Tether (USDT) to assist small businesses and communities in El Salvador as an extension of their ongoing support for the country.
Bitfinex is reportedly working with Max Keiser and Stacy Herbert, who are early Bitcoin adopters
Practically all industrial-scale Bitcoin miners operating in Texas have shut off their machines as the companies brace for a heat wave that is expected to push the power grid near its breaking point.
Texas has become one of the largest hubs by computing power in the world. Hosting companies like
Digital assets broker Genesis Global Trading revealed on Wednesday that it had exposure to now bankrupt Three Arrows Capital (3AC).
CEO Michael Moro said in a Twitter thread that Genesis sold its collateral and hedged its downside once they discovered that 3AC failed to meet a margin call in June.
U.S. officials who are invested in Bitcoin and other cryptocurrencies are now disqualified from working on Bitcoin or cryptocurrency policies and regulations in order to avoid affecting the value of the assets they hold.
A new legal advisory notice was issued by the U.S. Office of Government Ethics
Crypto trading and lending firm, Blockfi, announced on July 1st, 2022 a deal with FTX U.S. that would provide the firm with a $400 million revolving credit line that outlines the path to an acquisition. The agreement is now subject to shareholder approvals which would provide FTX an option
The Treasury Department and Internal Revenue Service are likely to delay a January date for the firms to begin tracking data such as customers’ capital gains and losses, according to people familiar with the matter and who asked not to be named at this time. The move would mean that
