Announcement
A Timeline of the Three Arrows Capital Collapse
A Timeline of the Three Arrows Capital Collapse

By now everyone is aware of the Three Arrows Capital (3AC) debacle. The fund somehow managed to fumble away a total of at least $3.5 Billion from 33 lenders.  Court details of the liquidations of the creditors were leaked on July 18th but have been currently taken down.  A

News  •  Bitcoin  •  Jul 19, 2022
Federal Reserve Bank of Cleveland Says Lightning Network Is Turning Bitcoin Into Money
Federal Reserve Bank of Cleveland Says Lightning Network Is Turning Bitcoin Into Money

Going unnoticed for about a month, the Federal Reserve Bank of Cleveland released a paper on June 21st, 2022 discussing the Bitcoin Lightning Network and its uses. The working paper focuses on the transactions per second compared to today’s solutions of Visa and Mastercard. The paper claims that if

News  •  Bitcoin  •  Jul 15, 2022
Bitfinex Donates To Small Businesses in El Salvador
Bitfinex Donates To Small Businesses in El Salvador

Bitfinex has announced that it has donated 36 Bitcoin and $600,000 worth of Tether (USDT) to assist small businesses and communities in El Salvador as an extension of their ongoing support for the country. Bitfinex is reportedly working with Max Keiser and Stacy Herbert, who are early Bitcoin adopters

News  •  Bitcoin  •  Jul 15, 2022
Celsius Files for Chapter 11 Bankruptcy
Celsius Files for Chapter 11 Bankruptcy

Celsius, a crypto lending firm that had more than $8 billion in loans to clients and about $12 billion in assets under management in May, has just filed for Chapter 11 proceedings in the state of New York. As of now, the company revealed it has around $167 million dollars

News  •  Bitcoin  •  Jul 15, 2022
Bitcoin Miners Successfully Stabilize the Texas Grid
Bitcoin Miners Successfully Stabilize the Texas Grid

Practically all industrial-scale Bitcoin miners operating in Texas have shut off their machines as the companies brace for a heat wave that is expected to push the power grid near its breaking point.  Texas has become one of the largest hubs by computing power in the world. Hosting companies like

News  •  Bitcoin  •  Jul 13, 2022
A Timeline of the Three Arrows Capital Collapse
A Timeline of the Three Arrows Capital Collapse

By now everyone is aware of the Three Arrows Capital (3AC) debacle. The fund somehow managed to fumble away a total of at least $3.5 Billion from 33 lenders.  Court details of the liquidations of the creditors were leaked on July 18th but have been currently taken down.  A

News  •  Bitcoin  •  Jul 19, 2022
Featured Articles 4 Articles
Business View All
B HODL Expands Treasury to 164.487 Bitcoin Following ATM-Funded Purchase
B HODL Expands Treasury to 164.487 Bitcoin Following ATM-Funded Purchase

B HODL increased its holdings to 164.487 Bitcoin after purchasing one Bitcoin using funds from ATM share sales and capital allocation.

Coinbase and Fannie Mae-Approved Lender Better Launch Bitcoin-Backed Mortgages
Coinbase and Fannie Mae-Approved Lender Better Launch Bitcoin-Backed Mortgages

Coinbase and Better launched Bitcoin-backed mortgages using Fannie Mae-conforming loans.

Tether Advances Transparency Efforts With Planned Big Four Audit
Tether Advances Transparency Efforts With Planned Big Four Audit

Tether engaged a Big Four firm for its first full audit to improve transparency and oversight.

Capital B Increases Holdings to 2,888 Bitcoin After €2.7 Million Purchase
Capital B Increases Holdings to 2,888 Bitcoin After €2.7 Million Purchase

Capital B bought 44 Bitcoin for €2.7M, raising holdings to 2,888 Bitcoin with a 0.72% YTD yield, with backing from Adam Back.

Politics View All
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.

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.

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