Announcement
Nearly 50% Of Jack Dorsey’s Block Q2 Revenue Came From Bitcoin Transactions
Nearly 50% Of Jack Dorsey’s Block Q2 Revenue Came From Bitcoin Transactions

Block Inc., a payments firm, announced a gross profit of $1.87 billion in the second quarter of 2023, marking a 27% increase compared to the same period last year. Of its total Q2 net revenue of $5.5 billion, $2.4 billion came from Bitcoin, according to the company.

News  •  Bitcoin  •  Aug 08, 2023
Bitcoin Mining Company Genesis Digital Assets Launches Trio of New Data Centers
Bitcoin Mining Company Genesis Digital Assets Launches Trio of New Data Centers

Genesis Digital Assets (GDA), a leading global Bitcoin mining company, has unveiled the launch of three new data centers in the Western region of South Carolina.  This growth is a strategic move to fortify the company's presence within the United States. As of now, GDA is responsible for

News  •  Bitcoin  •  Aug 01, 2023
Coinbase CEO Reveals SEC Told the Company To Delist Everything but Bitcoin
Coinbase CEO Reveals SEC Told the Company To Delist Everything but Bitcoin

In an interview with the Financial Times on July 31st, Coinbase's CEO Brian Armstrong disclosed that the U.S. Securities and Exchange Commission (SEC) once told the crypto exchange to remove almost 250 tokens from its platform, except Bitcoin. This request came before the regulatory body filed a

News  •  Bitcoin  •  Jul 31, 2023
Sazmining Sets up Eco-Friendly Bitcoin Mining Facility in Paraguay
Sazmining Sets up Eco-Friendly Bitcoin Mining Facility in Paraguay

Sazmining, a Bitcoin mining service provider that exclusively uses renewable energy, is expanding its footprint to South America by establishing a new operation in Paraguay.  This facility is scheduled to begin operations on September 15th, leveraging the country's low electricity costs to offer hosting services at a highly

News  •  Bitcoin  •  Jul 27, 2023
The Human Rights Foundation Launches Bitcoin Reward Challenges to Encourage Bitcoin Development
The Human Rights Foundation Launches Bitcoin Reward Challenges to Encourage Bitcoin Development

The Human Rights Foundation (HRF) has unveiled a set of bounty challenges worth 20 BTC. This initiative is geared towards supporting open-source Bitcoin developers who are creating tools and services to enhance Bitcoin's capabilities.  These specific challenge areas, inspired by the HRF's global work with activists

News  •  Bitcoin  •  Jul 27, 2023
Nearly 50% Of Jack Dorsey’s Block Q2 Revenue Came From Bitcoin Transactions
Nearly 50% Of Jack Dorsey’s Block Q2 Revenue Came From Bitcoin Transactions

Block Inc., a payments firm, announced a gross profit of $1.87 billion in the second quarter of 2023, marking a 27% increase compared to the same period last year. Of its total Q2 net revenue of $5.5 billion, $2.4 billion came from Bitcoin, according to the company.

News  •  Bitcoin  •  Aug 08, 2023
Featured Articles 4 Articles
Business View All
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.

Strategy Counters MSCI FUD Tied to October 10th Bitcoin Crash
Strategy Counters MSCI FUD Tied to October 10th Bitcoin Crash

Analysts say MSCI’s review of Bitcoin-heavy companies may have been a key factor behind the sharp market drop on October 10th.

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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