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 Reports Additional Purchase as Treasury Reaches 166 Bitcoin
B HODL Reports Additional Purchase as Treasury Reaches 166 Bitcoin

B HODL bought 1 Bitcoin for £57,802, raising holdings to 166.487 Bitcoin and increasing sats per share to 117.77.

Tether Investments Outlines Proposed Mergers Involving Twenty One Capital
Tether Investments Outlines Proposed Mergers Involving Twenty One Capital

Tether proposes merging Twenty One Capital with Strike and Elektron Energy to build a broader Bitcoin platform, pending approval.

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.

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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