Announcement
BitGo Reveals Initial Agreement for Acquisition of Prime Trust Custody Firm
BitGo Reveals Initial Agreement for Acquisition of Prime Trust Custody Firm

BitGo Holdings, Inc., has expressed its intent to acquire Prime Core Technologies, Inc., the parent company of Prime Trust.  In a blog post by BitGo, the acquisition is highlighted as a means to provide Prime Trust clients with regulated, secure services, along with enhanced business continuity and long-term stability. Prime

News  •  Bitcoin  •  Jun 08, 2023
Tether Joins $1 Billion Funding Investment To Construct El Salvador’s Massive Bitcoin Mining Farm
Tether Joins $1 Billion Funding Investment To Construct El Salvador’s Massive Bitcoin Mining Farm

Tether, the company behind the popular stablecoin, is joining a billion-dollar renewable energy initiative in El Salvador. They will invest in and bring their expertise to build "Volcano Energy," a 241 MW renewable energy park in Metapán.  https://twitter.com/Tether_to/status/1665727972056203271 This project aims to

News  •  Bitcoin  •  Jun 05, 2023
Voltage and Google Cloud Join Forces To Extend Lightning Network Solutions Worldwide
Voltage and Google Cloud Join Forces To Extend Lightning Network Solutions Worldwide

Lightning as a Service (LaaS) provider Voltage has teamed up with Google Cloud to enhance its hosting capabilities and extend its presence across various locations. This partnership enables customers to establish Bitcoin and Lightning Nodes on a global scale.  Google Cloud's recent announcement highlighted that this collaboration will

News  •  Bitcoin  •  Jun 02, 2023
CleanSpark Acquires 12,500 Antminer S19 XP Bitcoin Miners
CleanSpark Acquires 12,500 Antminer S19 XP Bitcoin Miners

CleanSpark Inc. recently announced its acquisition of 12,500 Antminer S19 XP Bitcoin mining machines, amounting to a total cost of $40.5 million.  The company managed to secure the miners at a price lower than the current market average, paying just $23 per terahash. The purchase agreement outlines that

News  •  Bitcoin  •  Jun 01, 2023
Texas Legislative Session Ends With Triumph for Pro-Bitcoin Legislation
Texas Legislative Session Ends With Triumph for Pro-Bitcoin Legislation

Bitcoin policy proponents rejoiced over numerous triumphs during the latest quarter, which encompassed the passage of Texas SB 1929—a bill supportive of mining—and the rejection of Texas SB 1751, an adverse mining bill. These legislative results will play a crucial role in fostering the expansion and stability of

News  •  Bitcoin  •  May 31, 2023
BitGo Reveals Initial Agreement for Acquisition of Prime Trust Custody Firm
BitGo Reveals Initial Agreement for Acquisition of Prime Trust Custody Firm

BitGo Holdings, Inc., has expressed its intent to acquire Prime Core Technologies, Inc., the parent company of Prime Trust.  In a blog post by BitGo, the acquisition is highlighted as a means to provide Prime Trust clients with regulated, secure services, along with enhanced business continuity and long-term stability. Prime

News  •  Bitcoin  •  Jun 08, 2023
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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