Announcement
Peter Thiel’s Founders Fund Invests $100 Million in Bitcoin
Peter Thiel’s Founders Fund Invests $100 Million in Bitcoin

According to a Reuters report, Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is increasing its investments in Bitcoin, signaling Silicon Valley's renewed interest in the market.  From late summer to early fall last year, the fund invested $100 million to acquire Bitcoin, highlighting its

News  •  Bitcoin  •  Feb 13, 2024
Tether Launches Tether Edu to Foster Digital Education Around the World
Tether Launches Tether Edu to Foster Digital Education Around the World

Tether has introduced Tether Edu, an initiative designed to enhance digital literacy and personal growth through diverse educational offerings such as hybrid courses, workshops, and masterclasses in areas ranging from blockchain to design, AI, and coding.  CEO Paolo Ardoino envisions Tether Edu as a comprehensive online learning hub, extending beyond

News  •  Bitcoin  •  Feb 01, 2024
FTX Halts Plans To Revive Exchange and Focuses on Customer Repayment Efforts
FTX Halts Plans To Revive Exchange and Focuses on Customer Repayment Efforts

FTX, a bankrupt cryptocurrency exchange, has informed the presiding judge in its insolvency case that customers and creditors who successfully validate their claims might fully recover their losses.  During a court session in Wilmington, Delaware, on January 31st, attorney Andrew Dietderich stated that the firm's restructuring consultants must

News  •  Business  •  Jan 31, 2024
Audit Reveals Tether Now Holds More Than $2.8 Billion in Bitcoin
Audit Reveals Tether Now Holds More Than $2.8 Billion in Bitcoin

Tether recently disclosed its financial status, indicating it holds over $2.8 billion in Bitcoin. This information was confirmed by an audit conducted by BDO, as reported in the auditor's official document. Paolo Ardoino, CEO of Tether, provided a summary of the financial results in the Q4 2023

News  •  Bitcoin  •  Jan 31, 2024
Analysts Predict Charles Schwab as Upcoming Contender in Spot Bitcoin ETF Arena
Analysts Predict Charles Schwab as Upcoming Contender in Spot Bitcoin ETF Arena

Charles Schwab, a global financial behemoth with $8 trillion in assets under management, appears to be considering joining the spot Bitcoin exchange-traded fund (ETF) market.  This follows the recent approval by the U.S. Securities and Exchange Commission (SEC) of similar products from companies such as BlackRock, Fidelity, and Grayscale.

News  •  Bitcoin  •  Jan 29, 2024
Peter Thiel’s Founders Fund Invests $100 Million in Bitcoin
Peter Thiel’s Founders Fund Invests $100 Million in Bitcoin

According to a Reuters report, Founders Fund, the venture capital firm founded by billionaire Peter Thiel, is increasing its investments in Bitcoin, signaling Silicon Valley's renewed interest in the market.  From late summer to early fall last year, the fund invested $100 million to acquire Bitcoin, highlighting its

News  •  Bitcoin  •  Feb 13, 2024
Featured Articles 4 Articles
Business View All
The Smarter Web Company Adds 10 Bitcoin to Treasury
The Smarter Web Company Adds 10 Bitcoin to Treasury

The Smarter Web Company acquired 10 Bitcoin for £672,097, increasing total holdings to 2,674 Bitcoin under its long-term treasury policy.

Steak ’n Shake Introduces Bitcoin Bonus Program for Hourly Workers
Steak ’n Shake Introduces Bitcoin Bonus Program for Hourly Workers

Steak ’n Shake will pay hourly workers a $0.21-per-hour Bitcoin bonus starting March 1st.

Strategy Surpasses 700,000 Bitcoin Holdings Following $2.1 Billion Acquisition
Strategy Surpasses 700,000 Bitcoin Holdings Following $2.1 Billion Acquisition

Strategy bought 22,305 Bitcoin for about $2.13 billion, raising its total holdings to 709,715 Bitcoin, according to an SEC filing.

B HODL Completes Bitcoin-Backed Loan Drawdown and Adds One Bitcoin to Treasury
B HODL Completes Bitcoin-Backed Loan Drawdown and Adds One Bitcoin to Treasury

B HODL drew £74,250 under its Bitcoin-backed loan facility to buy one Bitcoin, increasing total holdings to 159.295 Bitcoin.

Politics View All
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.

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.

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