Announcement
Tether Reports 2% Of Total Reserves Are in Bitcoin
Tether Reports 2% Of Total Reserves Are in Bitcoin

According to its latest assurance report published on Wednesday, Tether, the issuer of the stablecoin, reported a net profit of $1.48 billion for the first quarter of the year, which is double the amount from the previous quarter. The company provided a detailed breakdown of its holdings, including Bitcoin

News  •  Bitcoin  •  May 14, 2023
Bitcoin and Crypto Exchange Bittrex Inc. Has Filed for Chapter 11 Bankruptcy
Bitcoin and Crypto Exchange Bittrex Inc. Has Filed for Chapter 11 Bankruptcy

Bitcoin and cryptocurrency exchange Bittrex, founded in 2014, has filed for bankruptcy in the state of Delaware.  The decision was made following the company's announcement that it would terminate all U.S. operations on April 30th, after being charged by the U.S. Securities and Exchange Commission (SEC)

News  •  Bitcoin  •  May 08, 2023
After a Brief Suspension, P2P Bitcoin Exchange Paxful Is Back Online
After a Brief Suspension, P2P Bitcoin Exchange Paxful Is Back Online

According to a blog post by Paxful, a P2P Bitcoin exchange, the company has resumed operations after being closed for more than a month. The company stated that they are pleased to announce that the Paxful marketplace is now live again after being offline for more than a month. “In

News  •  Bitcoin  •  May 08, 2023
Montana Approves Legislation Safeguarding Bitcoin Mining Against Excessive Regulations
Montana Approves Legislation Safeguarding Bitcoin Mining Against Excessive Regulations

A bill passed by the Montana legislature has been designed to safeguard the right to engage in Bitcoin mining and includes additional provisions. The legislation aims to ensure that Bitcoin miners are not unfairly discriminated against or subjected to unnecessary requirements while mining. The Bitcoin mining industry has previously encountered

News  •  May 04, 2023
North Carolina House Approves Legislation to Ban CBDC Payments to State
North Carolina House Approves Legislation to Ban CBDC Payments to State

North Carolina's House of Representatives has given its unanimous approval to House Bill 690, which bans the use of CBDCs for making payments to the state, and bars any state involvement in Federal Reserve branch trials of CBDCs. The bill is now set to be passed by the

News  •  Bitcoin  •  May 04, 2023
Tether Reports 2% Of Total Reserves Are in Bitcoin
Tether Reports 2% Of Total Reserves Are in Bitcoin

According to its latest assurance report published on Wednesday, Tether, the issuer of the stablecoin, reported a net profit of $1.48 billion for the first quarter of the year, which is double the amount from the previous quarter. The company provided a detailed breakdown of its holdings, including Bitcoin

News  •  Bitcoin  •  May 14, 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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