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Jack Dorsey Educates Congress on Proof of Work
Jack Dorsey Educates Congress on Proof of Work

Founder of Block (formerly Square) Jack Dorsey spoke to the Democrats of the House Financial Services Committee on March 31st, 2022 in order to address some of their concerns about Bitcoin and cryptocurrencies. Topics that attendees brought up with Dorsey include: * Energy consumption - Dorsey covered the various ways that

News  •  Bitcoin  •  Apr 01, 2022
Bitcoin Miner CleanSpark Expands Operations
Bitcoin Miner CleanSpark Expands Operations

CleanSpark is a publicly traded Bitcoin and cryptocurrency mining company based in Nevada. They recently closed a deal with the Texas energy company Lancium in order to devote 500 megawatts (MW) to mining.  Around 50 MW will be used for mining by the end of 2022 and then another 150

News  •  Bitcoin  •  Mar 31, 2022
Russia Enforces Ruble Payments For Energy
Russia Enforces Ruble Payments For Energy

On March 31st, 2022 President Putin signed a decree that requires foreign buyers to pay for Russia’s oil and gas with rubles. This decree takes effect on Friday April 1st and any contracts that are not paid in rubles will be halted. Putin added that all oil and gas

News  •  Politics  •  Mar 31, 2022
Portland's Lightning Network Block Party
Portland's Lightning Network Block Party

A street party in Portland, Oregon celebrating the Bitcoin Lightning Network turned heads, and provided real-world use cases for the technology. The Bitcoin Beach-style street fair featured vendors, artists, and food trucks, all accepting payment via the Lightning Network. Fiat money, naturally, was banned from the event. Clay Graham, founder

News  •  Bitcoin  •  Mar 31, 2022
The Lightning Network Strikes at Kraken
The Lightning Network Strikes at Kraken

Kraken users can now instantly deposit and withdraw up to 0.1 Bitcoin with virtually zero fees using the Lightning Network. According to Pierre Rochard, who is a Bitcoin product manager at Kraken, “Adoption will come from people who have fiat in their bank account, and need to get it

News  •  Bitcoin  •  Mar 31, 2022
Jack Dorsey Educates Congress on Proof of Work
Jack Dorsey Educates Congress on Proof of Work

Founder of Block (formerly Square) Jack Dorsey spoke to the Democrats of the House Financial Services Committee on March 31st, 2022 in order to address some of their concerns about Bitcoin and cryptocurrencies. Topics that attendees brought up with Dorsey include: * Energy consumption - Dorsey covered the various ways that

News  •  Bitcoin  •  Apr 01, 2022
Featured Articles 4 Articles
Business View All
Strategy Establishes $1.44 Billion USD Reserve and Increases Bitcoin Holdings to 650,000 BTC
Strategy Establishes $1.44 Billion USD Reserve and Increases Bitcoin Holdings to 650,000 BTC

Strategy set up a $1.44 billion reserve, raised its Bitcoin holdings to 650,000 Bitcoin, and revised its 2025 outlook.

Tether CEO Pushes Back After S&P Downgrades USDt To Lowest Rating
Tether CEO Pushes Back After S&P Downgrades USDt To Lowest Rating

Tether CEO Paolo Ardoino rejected S&P’s USDt downgrade as misguided and based on outdated legacy models.

JPMorgan Prepares Structured Notes Linked to BlackRock’s IBIT With Defined Return Parameters
JPMorgan Prepares Structured Notes Linked to BlackRock’s IBIT With Defined Return Parameters

JPMorgan plans a structured note tied to BlackRock’s IBIT ETF with fixed returns, downside limits, and potential 1.5x gains through 2028.

Measuring Success by Sats per Share Versus Share Price
Measuring Success by Sats per Share Versus Share Price

Mike Crosbie, COO at B HODL, writes that success for a Bitcoin treasury company is defined by growing Sats per Share, not its fiat share price.

Politics View All
Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations
Turkmenistan Approves New Law for Bitcoin and Digital Asset Operations

Turkmenistan has enacted a new law regulating Bitcoin and digital asset activities with licensing requirements and defined legal status.

Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF
Texas Buys $5 Million in Bitcoin in First State-Level Purchase of BlackRock’s Spot ETF

Texas bought $5 million of Bitcoin through BlackRock’s IBIT ETF as its first step toward a state Strategic Bitcoin Reserve.

New Hampshire Authorizes $100 Million Bitcoin-Backed Municipal Bond
New Hampshire Authorizes $100 Million Bitcoin-Backed Municipal Bond

New Hampshire approved a $100 million Bitcoin-backed municipal bond, the first government use of this collateral model.

Taiwan’s Central Bank To Study Bitcoin as Possible Reserve Asset
Taiwan’s Central Bank To Study Bitcoin as Possible Reserve Asset

Taiwan’s central bank will study Bitcoin as a reserve asset in a pilot led by Dr. Ju-chun Ko with support from JAN3 and Samson Mow.

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