Announcement
Ark Labs Secures $2.5 Million Pre-Seed Led by Draper Associates To Take Bitcoin Payments Mainstream
Ark Labs Secures $2.5 Million Pre-Seed Led by Draper Associates To Take Bitcoin Payments Mainstream

TALLINN, August 22, 2024—Ark Labs, a pioneer in innovative digital payments solutions, has today announced the successful completion of a $2.5 million pre-seed funding round led by visionary tech investor Tim Draper and his firm, Draper Associates. With participation from industry leaders Fulgur Ventures, Axiom Capital, and prominent

Press Release  •  Technology  •  Aug 22, 2024
Tether-Backed Blackrock Neurotech Restores ALS Patient's Voice with Brain-Computer Interface
Tether-Backed Blackrock Neurotech Restores ALS Patient's Voice with Brain-Computer Interface

In a significant advancement in medical technology, a patient with amyotrophic lateral sclerosis (ALS) has regained the ability to communicate using a text-to-speech brain implant developed by Blackrock Neurotech.  This milestone highlights the potential of brain-computer interface (BCI) technology to transform the lives of individuals affected by severe neurological conditions.

Bitcoin  •  Business  •  Aug 16, 2024
Marathon Digital Holdings Acquires $249 Million in Bitcoin
Marathon Digital Holdings Acquires $249 Million in Bitcoin

Marathon Digital Holdings, a leading publicly traded Bitcoin mining company, recently expanded its Bitcoin holdings with a $249 million purchase, bringing the total to over 25,000 Bitcoin, valued at approximately $1.5 billion. On August 12th, the company announced a $250 million convertible note offering, which was increased to

Bitcoin  •  Business  •  Aug 15, 2024
Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs
Goldman Sachs Has More Than $400 Million Invested in Spot Bitcoin ETFs

Goldman Sachs disclosed $418 million in spot Bitcoin ETF holdings, reflecting a rising institutional interest in Bitcoin.  In their recent quarterly filing, the investment bank detailed its holdings across seven different U.S. Bitcoin ETFs, with the largest being nearly $240 million in BlackRock's iShares Bitcoin Trust (IBIT)

Bitcoin  •  Business  •  Aug 14, 2024
Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Network
Tether Responds to $2.4 Billion Lawsuit Filed by Celsius Network

On August 9th, 2024, Celsius Network Limited, through the Blockchain Recovery Investment Consortium, LLC, filed a lawsuit against Tether Limited and certain affiliated entities in the United States Bankruptcy Court for the Southern District of New York.  Tether Will Defend Itself Against “Shake Down” Litigation Commenced by Celsius Learn more:

Bitcoin  •  Business  •  Aug 10, 2024
Ark Labs Secures $2.5 Million Pre-Seed Led by Draper Associates To Take Bitcoin Payments Mainstream
Ark Labs Secures $2.5 Million Pre-Seed Led by Draper Associates To Take Bitcoin Payments Mainstream

TALLINN, August 22, 2024—Ark Labs, a pioneer in innovative digital payments solutions, has today announced the successful completion of a $2.5 million pre-seed funding round led by visionary tech investor Tim Draper and his firm, Draper Associates. With participation from industry leaders Fulgur Ventures, Axiom Capital, and prominent

Press Release  •  Technology  •  Aug 22, 2024
Featured Articles 4 Articles
Business View All
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.

H100 Signs LOI for Strategic Acquisition Expected To Increase Holdings to 3,500 Bitcoin
H100 Signs LOI for Strategic Acquisition Expected To Increase Holdings to 3,500 Bitcoin

H100 signed an LOI to increase holdings to ~3,500 Bitcoin via a Bitcoin-for-Bitcoin deal, with support from Adam Back.

Strategy Acquires 1,031 Bitcoin and Expands Capital Raising Programs
Strategy Acquires 1,031 Bitcoin and Expands Capital Raising Programs

Strategy bought 1,031 Bitcoin and expanded its capital-raising programs through new ATM offerings and structural updates.

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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