Announcement
Riot Expands Bitcoin Mining Fleet Despite Market Conditions for Q2 2022
Riot Expands Bitcoin Mining Fleet Despite Market Conditions for Q2 2022

Bitcoin mining company Riot Blockchain boosted the size of its mining fleet to over 44,000 miners while more than 3,000 are ready for deployment. The company sold $14.4 million worth of their Bitcoin treasury and had a 30 million share offering to increase its cash position. Riot

News  •  Bitcoin  •  Aug 16, 2022
Brazil’s Largest Investment Broker Now Offers Bitcoin Trading Services
Brazil’s Largest Investment Broker Now Offers Bitcoin Trading Services

XP Inc. is Brazil’s largest investment broker by market value and has started offering their customers Bitcoin trading services on August 15th, 2022. The new digital assets trading platform will be known as XTAGE and was developed in partnership with Nasdaq. ISTOE, a Brazilian publication, reported that the platform’

News  •  Bitcoin  •  Aug 15, 2022
Coinbase's Latest Earnings Report Reveals $1.1 Billion Loss
Coinbase's Latest Earnings Report Reveals $1.1 Billion Loss

Coinbase ($COIN:Nasdaq), the most popular exchange in the U.S. for cryptocurrencies, has once again missed the mark. The exchange reported a record $1.1 billion second-quarter loss and lower-than-expected revenue. While still licking its wounds from its failure to launch a NFT Marketplace similar to OpenSea, Coinbase revealed

News  •  Business  •  Aug 12, 2022
Genesis Digital Assets Secures 708 MW Capacity for Bitcoin Mining
Genesis Digital Assets Secures 708 MW Capacity for Bitcoin Mining

Genesis Digital Assets is one of the top industrial Bitcoin miners in the U.S. and has recently acquired an extra 708 MW of working capacity with room to grow according to their press release. The Bitcoin mining company is expecting to add 495 construction jobs in addition to 130

News  •  Bitcoin  •  Aug 12, 2022
Vinteum Launches Bitcoin Developer Funding in Brazil
Vinteum Launches Bitcoin Developer Funding in Brazil

Vinteum, a non-profit Bitcoin research and development center, will start training and funding developers for the Bitcoin ecosystem in Brazil. In a press release put out on August 10th, 2022, the non-profit also announced intentions to expand its program to include Latin America and eventually, the whole world.   Dedicated to

News  •  Bitcoin  •  Aug 12, 2022
Riot Expands Bitcoin Mining Fleet Despite Market Conditions for Q2 2022
Riot Expands Bitcoin Mining Fleet Despite Market Conditions for Q2 2022

Bitcoin mining company Riot Blockchain boosted the size of its mining fleet to over 44,000 miners while more than 3,000 are ready for deployment. The company sold $14.4 million worth of their Bitcoin treasury and had a 30 million share offering to increase its cash position. Riot

News  •  Bitcoin  •  Aug 16, 2022
Featured Articles 4 Articles
Business View All
Strategy Acquires 2,932 Bitcoin Using ATM Offering Proceeds
Strategy Acquires 2,932 Bitcoin Using ATM Offering Proceeds

Strategy disclosed that it acquired 2,932 Bitcoin for $264.1 million using ATM offering proceeds, increasing total holdings to 712,647 Bitcoin.

The Smarter Web Company Adds 10 Bitcoin to Treasury
The Smarter Web Company Adds 10 Bitcoin to Treasury

The Smarter Web Company acquired 10 Bitcoin for £672,097, increasing total holdings to 2,674 Bitcoin under its long-term treasury policy.

Steak ’n Shake Introduces Bitcoin Bonus Program for Hourly Workers
Steak ’n Shake Introduces Bitcoin Bonus Program for Hourly Workers

Steak ’n Shake will pay hourly workers a $0.21-per-hour Bitcoin bonus starting March 1st.

Strategy Surpasses 700,000 Bitcoin Holdings Following $2.1 Billion Acquisition
Strategy Surpasses 700,000 Bitcoin Holdings Following $2.1 Billion Acquisition

Strategy bought 22,305 Bitcoin for about $2.13 billion, raising its total holdings to 709,715 Bitcoin, according to an SEC filing.

Politics View All
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.

CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading
CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading

The CFTC will allow federally regulated spot Bitcoin and crypto trading for the first time as Bitnomial prepares to launch its new exchange.

Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations
Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations

Turkmenistan has enacted a new law regulating Bitcoin and digital asset activities with licensing requirements and defined legal status.

Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF
Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF

Texas bought $5 million of Bitcoin through BlackRock’s IBIT ETF as its first step toward a state Strategic Bitcoin Reserve.

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