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MicroStrategy Arm Takes $205 Million Loan to Acquire More Bitcoin
MicroStrategy Arm Takes $205 Million Loan to Acquire More Bitcoin
News  •  Bitcoin  •  Mar 29, 2022 by Deniz Saat

On March 29th, 2022 MicroStrategy CEO Michael Saylor announced that MacroStrategy, a subsidiary of MicroStrategy, will use all proceeds from a Silvergate Bank loan to acquire more Bitcoin. At a current Bitcoin price of $47,500, MacroStrategy would be able to acquire around 4,315 BTC for their company balance

U.S. Congress Agency Makes Recommendations on Blockchain Technologies
U.S. Congress Agency Makes Recommendations on Blockchain Technologies
News  •  Bitcoin  •  Mar 28, 2022 by Deniz Saat

GAO released a study on the benefits of blockchain technology to provide Congress with an overview of what, how, where, and why blockchains are needed within today’s economy. The report discusses the non-financial, financial, and policy options that enhance solutions as well as mitigate certain challenges that blockchain technology

Vietnam to Develop Legal Framework For Bitcoin and Cryptocurrencies
Vietnam to Develop Legal Framework For Bitcoin and Cryptocurrencies

On March 23, the Deputy Prime Minister of Vietnam, Le Minh Khai, sent the Ministry of Finance a request asking to create a legal framework for digital assets and to begin to make amendments to current laws, as necessary.   Vietnam Net Global reports the request was made in support of

News  •  Bitcoin  •  Mar 30, 2022
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Vietnam to Develop Legal Framework For Bitcoin and Cryptocurrencies
Vietnam to Develop Legal Framework For Bitcoin and Cryptocurrencies

On March 23, the Deputy Prime Minister of Vietnam, Le Minh Khai, sent the Ministry of Finance a request asking to create a legal framework for digital assets and to begin to make amendments to current laws, as necessary.   Vietnam Net Global reports the request was made in support of

News  •  Bitcoin  •  Mar 30, 2022
MicroStrategy Arm Takes $205 Million Loan to Acquire More Bitcoin
MicroStrategy Arm Takes $205 Million Loan to Acquire More Bitcoin

On March 29th, 2022 MicroStrategy CEO Michael Saylor announced that MacroStrategy, a subsidiary of MicroStrategy, will use all proceeds from a Silvergate Bank loan to acquire more Bitcoin. At a current Bitcoin price of $47,500, MacroStrategy would be able to acquire around 4,315 BTC for their company balance

News  •  Bitcoin  •  Mar 29, 2022
U.S. Congress Agency Makes Recommendations on Blockchain Technologies
U.S. Congress Agency Makes Recommendations on Blockchain Technologies

GAO released a study on the benefits of blockchain technology to provide Congress with an overview of what, how, where, and why blockchains are needed within today’s economy. The report discusses the non-financial, financial, and policy options that enhance solutions as well as mitigate certain challenges that blockchain technology

News  •  Bitcoin  •  Mar 28, 2022
EU Officially Removes PoW Measures From MiCA Bill
EU Officially Removes PoW Measures From MiCA Bill

After some turbulent back-and-forth, the EU is moving forward with its Markets in Crypto Assets (MiCA) bill. The landmark legislation will go ahead without the inclusion of a controversial provision that would have restricted proof-of-work cryptocurrencies. Proof-of-work (PoW) is a decentralized consensus mechanism used by cryptocurrencies like Bitcoin and Ethereum,

News  •  Bitcoin  •  Mar 26, 2022
El Salvador's Big Week: Influential Bitcoiners Talk Bonds and Volcanos
El Salvador's Big Week: Influential Bitcoiners Talk Bonds and Volcanos

This last week, El Salvador has hosted a handful of well-known, influential Bitcoiners. Their presence was made publicly known through a series of tweets including pictures and videos regarding El Salvador's bonds, volcano Bitcoin mining site, and more. CZ from Binance even met with President Bukele over the

News  •  Bitcoin  •  Mar 26, 2022
USDT is Transacted Using the Lightning Network
USDT is Transacted Using the Lightning Network

In a historical first for the Lightning network, Synonym, a Bitcoin-powered service provider, demonstrated the first Tether (USDT) transaction in a Lightning channel. This was the first time a mainnet stablecoin was bridged to Lightning. The transaction was performed using Omni, a platform for creating custom digital assets on the

News  •  Bitcoin  •  Mar 25, 2022
Northern Italy Turns To Hydro Powered Bitcoin Mining
Northern Italy Turns To Hydro Powered Bitcoin Mining

Various towns in Northern Italy are falling under pressure to rising energy costs while looking to achieve more environmentally friendly methods for producing energy. As a great example for why the call for Proof-of-Work (PoW) mining to be banned in the European Union (EU) was dropped by regulators, a small

News  •  Bitcoin  •  Mar 25, 2022
U.S. Senate's Bill Regarding El Salvador’s Bitcoin Legal Tender Status
U.S. Senate's Bill Regarding El Salvador’s Bitcoin Legal Tender Status

On Wednesday, the bill titled “El Salvador Cryptocurrency Accountability Act,” was passed through committee and will soon move on to the U.S. Senate for a vote. Also referred to as “ACES,” the bill was originally introduced back in February, and it attempts to address potential risks associated with El

News  •  Bitcoin  •  Mar 25, 2022
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