Announcement
30 Million Brazilian PicPay Customers May Now Buy Bitcoin
30 Million Brazilian PicPay Customers May Now Buy Bitcoin

In a statement released on Monday, Anderson Chamon, the vice president of technology and products at PicPay, announced, “PicPay will enter the crypto market to lead its popularization not only as an investment, but also as a way to decentralize payments and other financial services.” The platform will allow its

News  •  Bitcoin  •  Jul 12, 2022
Is Roger Ver on the Hook for Double the Money CoinFLEX Needs?
Is Roger Ver on the Hook for Double the Money CoinFLEX Needs?

Derivatives exchange CoinFLEX has made headlines recently after first freezing funds for account holders and then for revealing that Roger Ver, a widely known B-Cash advocate, owed the platform $47 million in collateral. Co-founders Sudhu Arumugam and Mark Lamb have recently released an update on the company’s current state

News  •  Bitcoin  •  Jul 09, 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
Bitcoin Policy Institute Submits Letter to U.S. Department of Commerce
Bitcoin Policy Institute Submits Letter to U.S. Department of Commerce

The Bitcoin Policy Institute (BPI) submitted a formal letter to the US Department of Commerce on July 4th. The letter was in response to a request for comments from the public on Bitcoin, cryptocurrencies, and digital assets within the United States. The 26-page document was written by David Zell in

News  •  Bitcoin  •  Jul 08, 2022
Blockchain.com Faces Huge Loss From Three Arrows Capital Loan
Blockchain.com Faces Huge Loss From Three Arrows Capital Loan

Blockchain.com is the latest victim in the Three Arrows Capital (3AC) fallout as the exchange stands to lose up to $270 million based on the company’s latest shareholder letter. 3AC is currently undergoing liquidations in the British Virgin Islands and is being handled by partners from Teneo Restructuring,

News  •  Business  •  Jul 08, 2022
30 Million Brazilian PicPay Customers May Now Buy Bitcoin
30 Million Brazilian PicPay Customers May Now Buy Bitcoin

In a statement released on Monday, Anderson Chamon, the vice president of technology and products at PicPay, announced, “PicPay will enter the crypto market to lead its popularization not only as an investment, but also as a way to decentralize payments and other financial services.” The platform will allow its

News  •  Bitcoin  •  Jul 12, 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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