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Genesis and Digital Currency Group Reach Initial Agreement With Creditors
Genesis and Digital Currency Group Reach Initial Agreement With Creditors

According to remarks made by Sean O’Neal of Cleary Gottlieb, who is representing Genesis, a division of Digital Currency Group (DCG), a restructuring agreement has been reached with creditors. The sale of Genesis Global Trading would be one part of this plan to maximize recovery. The agreement will also

News  •  Business  •  Feb 07, 2023
What is Nostr? How Does it Work? Why Does it Matter?
What is Nostr? How Does it Work? Why Does it Matter?

“We hold these truths to be self-evident, that all public/private key pairs are created equal, that they endow their creator with certain unalienable Rights, that among these are Freedom of Speech, Freedom from Algorithmic Bias, and Freedom of Meme.” – The Declaration of Independence from Platforms I published my initial

News  •  Technology  •  Feb 01, 2023
Decentralized Twitter Alternative Goes Live on Apple’s App Store
Decentralized Twitter Alternative Goes Live on Apple’s App Store

Nostr, a decentralized social networking protocol, is currently available on the Apple App Store via Damus. Nostr saw a surge in popularity after former Twitter CEO Jack Dorsey developed an interest in the technology. He later donated 14 BTC to its creator. Due to the enthusiasm, Damus became the most

News  •  Bitcoin  •  Feb 01, 2023
"Who Needs Bitcoin?" Lebanon To Devalue Currency by 90% On February 1st
"Who Needs Bitcoin?" Lebanon To Devalue Currency by 90% On February 1st

Lebanon is set to devalue its currency by 90% on February 1st, as the country's central bank governor, Riad Salameh, announced that the new official exchange rate will be 15,000 pounds per U.S. dollar. This marks a significant decrease from the current official rate, which has

News  •  Bitcoin  •  Jan 31, 2023
ZEBEDEE and Stattrak Offer Bitcoin Rewards With New Esports Fantasy Product
ZEBEDEE and Stattrak Offer Bitcoin Rewards With New Esports Fantasy Product

The play-and-earn fantasy esports platform Stattrak and top fintech payment processor ZEBEDEE have jointly announced the release of a new product geared for esports fans worldwide.  In well-known titles like Counter-Strike: Global Offensive, League of Legends, Valorant, Rainbow Six Siege, and Dota 2, the product allows users to create their

News  •  Bitcoin  •  Jan 31, 2023
Genesis and Digital Currency Group Reach Initial Agreement With Creditors
Genesis and Digital Currency Group Reach Initial Agreement With Creditors

According to remarks made by Sean O’Neal of Cleary Gottlieb, who is representing Genesis, a division of Digital Currency Group (DCG), a restructuring agreement has been reached with creditors. The sale of Genesis Global Trading would be one part of this plan to maximize recovery. The agreement will also

News  •  Business  •  Feb 07, 2023
Featured Articles 4 Articles
Business View All
Strategy Reports 3,273 Bitcoin Purchase as Holdings Reach 818,334
Strategy Reports 3,273 Bitcoin Purchase as Holdings Reach 818,334

Strategy bought 3,273 Bitcoin for $255 million, bringing holdings to 818,334, funded entirely through common stock sales.

Capital B Increases Bitcoin Holdings to 2,943 Following €0.4 Million Purchase
Capital B Increases Bitcoin Holdings to 2,943 Following €0.4 Million Purchase

Capital B bought six Bitcoin for €0.4M via an ATM raise, bringing total holdings to 2,943 Bitcoin as it continues its treasury strategy.

H100 Signs Agreement To Acquire Firms and Increase Bitcoin Holdings to 3,500
H100 Signs Agreement To Acquire Firms and Increase Bitcoin Holdings to 3,500

H100 agreed to acquire Moonshot and Never Say Die in a share deal that could raise its Bitcoin holdings to ~3,500 Bitcoin, pending closing.

Capital B Acquires 12 Bitcoin for €0.8 Million While Increasing Holdings to 2,937
Capital B Acquires 12 Bitcoin for €0.8 Million While Increasing Holdings to 2,937

Capital B bought 12 Bitcoin for €0.8M, raising holdings to 2,937 Bitcoin and reporting a 1.57% YTD BTC yield.

Politics View All
Iran Weighs Bitcoin Payments for Strait of Hormuz Transit During Ceasefire
Iran Weighs Bitcoin Payments for Strait of Hormuz Transit During Ceasefire

Iran is considering Bitcoin payments for Strait of Hormuz transit during a ceasefire, aiming to bypass sanctions and maintain control.

SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining

SEC says Bitcoin mining does not meet the definition of a security and classifies Bitcoin as a digital commodity.

Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets
Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets

Kazakhstan’s central bank plans to allocate up to $350 million from its reserves to Bitcoin and digital asset–related investments.

Bitcoiners Push Back on Quantum Computing Risk Claims
Bitcoiners Push Back on Quantum Computing Risk Claims

Bitcoiners say quantum computing does not pose an immediate threat and that the network has time to prepare for potential long-term risks.

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