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Huobi’s HUSD Stablecoin Loses Dollar Peg
Huobi’s HUSD Stablecoin Loses Dollar Peg

According to data from CoinMarketCap, HUSD is the most recent stablecoin to lose its 1:1 parity with the U.S. dollar, as it fell by 15% on August 18th. HUSD is an ERC-20 token on the Ethereum blockchain and has been marketed as a secure stablecoin that combines the

News  •  Markets  •  Aug 18, 2022
Monochrome Set to Release a Spot Bitcoin ETF in Australia
Monochrome Set to Release a Spot Bitcoin ETF in Australia

Monochrome Bitcoin Fund is scheduled to launch a spot Bitcoin ETF in Australia with unique regulatory approval according to the Financial Standard. The fund's custodial partner, Vasco Trustees, received the required license and additional accreditation from the Australian Financial Services (AFS) through the Australian Securities and Investments Commission

News  •  Bitcoin  •  Aug 17, 2022
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt

Stronghold Digital Mining (SDIG), a Bitcoin mining company based in the U.S., revealed plans to reduce outstanding debt and restructure its financial operations on August 16th, 2022. The company intends to release approximately 26,200 of its mining rigs, where 18,700 are currently running, under an agreement with

News  •  Bitcoin  •  Aug 17, 2022
Galaxy Digital Terminates Acquisition of BitGo
Galaxy Digital Terminates Acquisition of BitGo

Galaxy Digital Holdings Ltd. (TSX: GLXY) run by the well known Mike Novogratz, has announced that the company will be reorganizing to become a Delaware-based company along with terminating their deal to acquire BitGo, an institutional digital asset platform.  Galaxy, which is headquartered in New York and has offices in

News  •  Bitcoin  •  Aug 16, 2022
Houston Texans Are the First NFL Team To Accept Bitcoin as Payment for Suite
Houston Texans Are the First NFL Team To Accept Bitcoin as Payment for Suite

On August 16th, 2022, the Houston Texans announced a partnership with Houston-based Bitcoin and cryptocurrency company BitWallet to serve as the team’s official digital currency wallet. Texans fans will now have the option to use Bitcoin and other cryptocurrencies through BitWallet to buy single-game suites. The Texans are currently

News  •  Bitcoin  •  Aug 16, 2022
Huobi’s HUSD Stablecoin Loses Dollar Peg
Huobi’s HUSD Stablecoin Loses Dollar Peg

According to data from CoinMarketCap, HUSD is the most recent stablecoin to lose its 1:1 parity with the U.S. dollar, as it fell by 15% on August 18th. HUSD is an ERC-20 token on the Ethereum blockchain and has been marketed as a secure stablecoin that combines the

News  •  Markets  •  Aug 18, 2022
Featured Articles 4 Articles
Business View All
The Smarter Web Company Reports Bitcoin Purchase and Implements Incentive Plan
The Smarter Web Company Reports Bitcoin Purchase and Implements Incentive Plan

The Smarter Web Company bought 28 Bitcoin for £1.61M (2,778 total) and launched an LTIP tied to long-term share price and market cap targets.

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.

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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