Announcement
New Samsung Chip Will Help Mine Bitcoin More Efficiently
New Samsung Chip Will Help Mine Bitcoin More Efficiently

Electronics conglomerate Samsung reported that the company will begin trial production on their three nanometer (3nm) chips for application-specific integrated circuits (ASICs). ASICs are currently the most efficient way to mine Bitcoin and Samsung’s new chip will help make the process more efficient and faster. According to the report,

News  •  Bitcoin  •  Jul 01, 2022
FTX To Buy Distressed BlockFi at Insane Discount
FTX To Buy Distressed BlockFi at Insane Discount

A term sheet is currently being finalized between derivatives exchange FTX and digital assets platform BlockFi due to extreme market volatility and mismanagement within the company.  According to CNBC, an FTX spokesperson said the company “would not be commenting on the matter.” BlockFi was also unavailable to comment. FTX had

News  •  Business  •  Jun 30, 2022
Twitter Feud With Nic Carter Over Identity-based Wallet
Twitter Feud With Nic Carter Over Identity-based Wallet

On June 28th, 2022 Venture Capitalist Nic Carter announced he was “Excited to be backing” identity-based wallet company, Dynamic.  Dynamic XYZ’s goal is to usher in “the adoption of wallet-based authentication and identity.” The company announced that they raised $7.4 million during a seed round of funding led

News  •  Bitcoin  •  Jun 30, 2022
Tether and The City of Lugano Announces Elite Line Up of Speakers for Plan ₿ Forum - A Conference Addressing Bitcoin, Global Financial Disruption
Tether and The City of Lugano Announces Elite Line Up of Speakers for Plan ₿ Forum - A Conference Addressing Bitcoin, Global Financial Disruption

Tether Operations Limited (Tether), the technology company supporting the blockchain-enabled platform that powers the largest stablecoin by market capitalisation (USD₮) and the Swiss city of Lugano announced today the speaker lineup for the first-ever Plan ₿ Forum, a conference addressing Bitcoin and its potential for global financial disruption. Slated to take

Press Release  •  Bitcoin  •  Jun 30, 2022
U.S. Tax Crackdown on Bitcoin and Cryptocurrency Hits Delay
U.S. Tax Crackdown on Bitcoin and Cryptocurrency Hits Delay

The Treasury Department and Internal Revenue Service are likely to delay a January date for the firms to begin tracking data such as customers’ capital gains and losses, according to people familiar with the matter and who asked not to be named at this time. The move would mean that

News  •  Bitcoin  •  Jun 29, 2022
New Samsung Chip Will Help Mine Bitcoin More Efficiently
New Samsung Chip Will Help Mine Bitcoin More Efficiently

Electronics conglomerate Samsung reported that the company will begin trial production on their three nanometer (3nm) chips for application-specific integrated circuits (ASICs). ASICs are currently the most efficient way to mine Bitcoin and Samsung’s new chip will help make the process more efficient and faster. According to the report,

News  •  Bitcoin  •  Jul 01, 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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