Announcement
BlackRock Launches Spot Bitcoin Private Trust
BlackRock Launches Spot Bitcoin Private Trust

BlackRock has launched a new investment product that provides U.S. institutional clients access to a spot Bitcoin private trust which will track the performance of Bitcoin, minus general expenses and liabilities of the trust according to a report issued by BlackRock. BlackRock mentions that their clients are still showing

News  •  Bitcoin  •  Aug 11, 2022
Vespene Energy Raises $4.3 Million To Help Cities Mine Bitcoin
Vespene Energy Raises $4.3 Million To Help Cities Mine Bitcoin

Vespene Energy - a company that uses landfill methane to fuel Bitcoin mining raised $4.3million to launch carbon-negative Bitcoin mining according to Bitcoin Magazine. Vespene uses micro-turbines at municipal landfills to repurpose methane gas into electricity to power Bitcoin mining at zero cost to municipalities. Vespene is sticking to

News  •  Bitcoin  •  Aug 09, 2022
LVL Banking App’s Quiet Restructuring
LVL Banking App’s Quiet Restructuring

Austin-based LVL allows users to spend their Bitcoin and cryptocurrencies without paying fees. At the end of July, LVL first announced to their customers that the platform will be shutting down current operations due to insufficient funding. Investors had previously promised funding, but withdrew their term sheets. The broader Bitcoin,

News  •  Bitcoin  •  Aug 09, 2022
Cryptocurrency-mixing Service Tornado Cash Blacklisted by U.S. Treasury
Cryptocurrency-mixing Service Tornado Cash Blacklisted by U.S. Treasury

On Monday, the Office of Assets Control (OFAC) added cryptocurrency-mixing service, Tornado Cash, to its Specially Designated Nationals (SDN) list, effectively banning all Americans from using it. Any American citizen who interacts with the protocol and any of its Ethereum wallet addresses may face criminal penalties.  This move came after

News  •  Technology  •  Aug 09, 2022
UAE’s Biggest Discount Store Day To Day Accepts Bitcoin as Payment
UAE’s Biggest Discount Store Day To Day Accepts Bitcoin as Payment

The United Arab Emirates (UAE) continues down the path of doing its best to become a Bitcoin haven. The largest discount store in the country has announced that they will accept Bitcoin as payment in both its online and physical stores. The Khaleej Times hailed the move as a “next

News  •  Bitcoin  •  Aug 09, 2022
BlackRock Launches Spot Bitcoin Private Trust
BlackRock Launches Spot Bitcoin Private Trust

BlackRock has launched a new investment product that provides U.S. institutional clients access to a spot Bitcoin private trust which will track the performance of Bitcoin, minus general expenses and liabilities of the trust according to a report issued by BlackRock. BlackRock mentions that their clients are still showing

News  •  Bitcoin  •  Aug 11, 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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