Announcement
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
Craig Wright Awarded £1 for ‘Nominal Damages’ in Bitcoin Libel Case
Craig Wright Awarded £1 for ‘Nominal Damages’ in Bitcoin Libel Case

The UK’s High Court has awarded Dr. Craig Wright, the man claiming to have invented Bitcoin, £1 ($1.23) in damages after judging that he deliberately presented false evidence in a Bitcoin libel case against Bitcoin enthusiast and podcaster, Peter McCormack. Judge Martin Chamberlain wrote:  Because he [Wright] advanced

News  •  Bitcoin  •  Aug 02, 2022
Bitwage Partners With Casa and Edge Wallet for Streamlined Payroll
Bitwage Partners With Casa and Edge Wallet for Streamlined Payroll

Bitwage, a Bitcoin payroll provider, has partnered with Bitcoin security company Casa as well as Edge Wallet to streamline the process for onboarding businesses to a Bitcoin standard, according to a press release sent to Bitcoin Magazine.  Bitwage explains that throughout its time cooperating with governments and businesses, one of

News  •  Bitcoin  •  Aug 02, 2022
20 Years of Hashcash
20 Years of Hashcash

Hashcash was invented as a way to solve the sybil attack problem, where false online identities or user accounts run rampant and attempt to execute a Denial-of-Service (DoS) attack on platforms and networks. Hashcash was applied to Bitcoin in order to keep all miners in the network honest.  The “hashcash

News  •  Bitcoin  •  Aug 01, 2022
Chinese ASIC Manufacturer Canaan To Begin U.S. Mining Operation
Chinese ASIC Manufacturer Canaan To Begin U.S. Mining Operation

Canaan Inc. (NASDAQ: CAN), a Chinese ASIC manufacturer has announced their intent to expand into the U.S. Bitcoin mining scene. This comes after already having a successful pilot operation in the Bitcoin mining heavy country of Kazakhstan. Canaan has deployed over 10,000 of their own miners. “Mining in

News  •  Bitcoin  •  Jul 30, 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
Featured Articles 4 Articles
Business View All
JPMorgan To Allow Institutional Clients To Use Bitcoin as Loan Collateral
JPMorgan To Allow Institutional Clients To Use Bitcoin as Loan Collateral

JPMorgan will let institutional clients use Bitcoin as loan collateral by late 2025, reflecting growing institutional adoption of digital assets.

Blockstream Capital Partners Acquires Berglinde AG To Expand in Europe
Blockstream Capital Partners Acquires Berglinde AG To Expand in Europe

Blockstream Capital Partners will acquire Swiss Bitcoin lender Berglinde AG to expand its European presence and institutional Bitcoin services.

The Smarter Web Company Adds Ten Bitcoin to Treasury Holdings
The Smarter Web Company Adds Ten Bitcoin to Treasury Holdings

The Smarter Web Company bought ten Bitcoin for £832,584, increasing its holdings to 2,660 under its “10 Year Plan” treasury strategy.

B Hodl Expands to 148 Bitcoin and Launches Lightning Operations
B Hodl Expands to 148 Bitcoin and Launches Lightning Operations

B HODL added six Bitcoin, bringing its total to 148 Bitcoin and launching Lightning operations generating revenue.

Politics View All
Michael Saylor Warns Against “Big Protocol” in Bitcoin Development
Michael Saylor Warns Against “Big Protocol” in Bitcoin Development

Michael Saylor said on the What Bitcoin Did podcast that Bitcoin’s protocol must stay minimal and stable to avoid inflation and disruption.

Philippines Weighs Bitcoin Reserve Bill Targeting 10,000 Bitcoin
Philippines Weighs Bitcoin Reserve Bill Targeting 10,000 Bitcoin

The Philippines is weighing a bill to create a 10,000 Bitcoin reserve held in a trust for 20 years.

Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor
Tether Appoints Former White House Crypto Council Head Bo Hines as Strategic Advisor

Tether has named former White House Crypto Council head Bo Hines as Strategic Advisor for its U.S. digital assets strategy.

Petition Gains Momentum To Restore Satoshi Nakamoto Statue in Lugano
Petition Gains Momentum To Restore Satoshi Nakamoto Statue in Lugano

Over 1,100 people have signed a petition urging Lugano to restore and protect its vandalized Satoshi Nakamoto statue.

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