Announcement
Three Arrows Capital Contagion Infects Genesis Global Trading
Three Arrows Capital Contagion Infects Genesis Global Trading

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.

News  •  Bitcoin  •  Jul 08, 2022
Samson Mow Debunks Pentagon-backed Bitcoin Report
Samson Mow Debunks Pentagon-backed Bitcoin Report

According to Samson Mow, CEO of JAN3, a report released last month by Trail of Bits, a security firm based in New York City, contains a number of flaws and false assumptions about Bitcoin. The report named “Are Blockchains Decentralised? Unintended Centralities in Distributed Ledgers” looks at topics such as

News  •  Bitcoin  •  Jul 07, 2022
Core Scientific Sold the Majority of Its Bitcoin Holdings
Core Scientific Sold the Majority of Its Bitcoin Holdings

Core Scientific, led by CEO Mike Levitt, has sold a large portion of their Bitcoin holdings to cover payments toward ASIC machines, make additional capital investments, and pay down some of their debt. The company says it plans to continue selling their self-mined bitcoins for these purposes. Key metrics: * 7,

News  •  Bitcoin  •  Jul 06, 2022
Voyager Digital Has Filed for Bankruptcy Protection
Voyager Digital Has Filed for Bankruptcy Protection

On July 6th, 2022, Voyager Digital announced that the cryptocurrency brokerage firm is filing for Chapter 11 bankruptcy. This was done as a “a voluntary Chapter 11 process to maximize value for all stakeholders.” Additionally, all of Voyager Digital’s main subsidiaries “filed voluntary petitions for reorganization under Chapter 11”

News  •  Business  •  Jul 06, 2022
Exclusive Bitcoin Credit Card Launched in the UAE
Exclusive Bitcoin Credit Card Launched in the UAE

According to a press release, the Bitcoin and cryptocurrency world have just witnessed the release of one of the most exclusive Bitcoin cards available. The VIP Bitcoin and crypto credit card, known as “Bitcoinblack” issued by Bitcoinblack and Visa, is going to be available to only 10,000 people where

News  •  Bitcoin  •  Jul 04, 2022
Three Arrows Capital Contagion Infects Genesis Global Trading
Three Arrows Capital Contagion Infects Genesis Global Trading

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.

News  •  Bitcoin  •  Jul 08, 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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