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SMS Service Allows Bitcoin Transactions via Text
SMS Service Allows Bitcoin Transactions via Text
News  •  Bitcoin  •  Aug 10, 2022 by Marek F.

Machankura, an SMS-based service named after the South African slang word for money, is bridging the gap between Bitcoin and people without internet access. Kgothatso Ngako, the developer of the app, has stated that thanks to this new technology, people in Africa are able to receive and spend Bitcoin without

Motiv Powers 16 Circular Bitcoin Economies in Peru
Motiv Powers 16 Circular Bitcoin Economies in Peru
News  •  Bitcoin  •  Aug 10, 2022 by Deniz Saat

Motiv is a nonprofit organization that uses Bitcoin to aid systematically oppressed communities in achieving financial security. The company reported that it has started a number of programs in Peru, where it has already developed 16 circular economies using Bitcoin.  Motiv implements the concept of providing training and programs to

BlackRock Launches Spot Bitcoin Private Trust
BlackRock Launches Spot Bitcoin Private Trust

BlackRock has launched a new investment product that provides U.S. institutional clients access to a spot Bitcoin private trust which will track the performance of Bitcoin, minus general expenses and liabilities of the trust according to a report issued by BlackRock. BlackRock mentions that their clients are still showing

News  •  Bitcoin  •  Aug 11, 2022
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BlackRock Launches Spot Bitcoin Private Trust
BlackRock Launches Spot Bitcoin Private Trust

BlackRock has launched a new investment product that provides U.S. institutional clients access to a spot Bitcoin private trust which will track the performance of Bitcoin, minus general expenses and liabilities of the trust according to a report issued by BlackRock. BlackRock mentions that their clients are still showing

News  •  Bitcoin  •  Aug 11, 2022
SMS Service Allows Bitcoin Transactions via Text
SMS Service Allows Bitcoin Transactions via Text

Machankura, an SMS-based service named after the South African slang word for money, is bridging the gap between Bitcoin and people without internet access. Kgothatso Ngako, the developer of the app, has stated that thanks to this new technology, people in Africa are able to receive and spend Bitcoin without

News  •  Bitcoin  •  Aug 10, 2022
Motiv Powers 16 Circular Bitcoin Economies in Peru
Motiv Powers 16 Circular Bitcoin Economies in Peru

Motiv is a nonprofit organization that uses Bitcoin to aid systematically oppressed communities in achieving financial security. The company reported that it has started a number of programs in Peru, where it has already developed 16 circular economies using Bitcoin.  Motiv implements the concept of providing training and programs to

News  •  Bitcoin  •  Aug 10, 2022
CleanSpark Acquires 86 MW Mining Facility for More Than $16 Million
CleanSpark Acquires 86 MW Mining Facility for More Than $16 Million

CleanSpark, a North American Bitcoin mining company that focuses on the sustainability of mining, has acquired an active mining facility from Waha Technologies. Currently the acquisition adds more than 36 MW to the mining capacity of CleanSpark, however, it is scalable up to 86 MW. In other words, CleanSpark has

News  •  Bitcoin  •  Aug 09, 2022
Vespene Energy Raises $4.3 Million To Help Cities Mine Bitcoin
Vespene Energy Raises $4.3 Million To Help Cities Mine Bitcoin

Vespene Energy - a company that uses landfill methane to fuel Bitcoin mining raised $4.3million to launch carbon-negative Bitcoin mining according to Bitcoin Magazine. Vespene uses micro-turbines at municipal landfills to repurpose methane gas into electricity to power Bitcoin mining at zero cost to municipalities. Vespene is sticking to

News  •  Bitcoin  •  Aug 09, 2022
LVL Banking App’s Quiet Restructuring
LVL Banking App’s Quiet Restructuring

Austin-based LVL allows users to spend their Bitcoin and cryptocurrencies without paying fees. At the end of July, LVL first announced to their customers that the platform will be shutting down current operations due to insufficient funding. Investors had previously promised funding, but withdrew their term sheets. The broader Bitcoin,

News  •  Bitcoin  •  Aug 09, 2022
UAE’s Biggest Discount Store Day To Day Accepts Bitcoin as Payment
UAE’s Biggest Discount Store Day To Day Accepts Bitcoin as Payment

The United Arab Emirates (UAE) continues down the path of doing its best to become a Bitcoin haven. The largest discount store in the country has announced that they will accept Bitcoin as payment in both its online and physical stores. The Khaleej Times hailed the move as a “next

News  •  Bitcoin  •  Aug 09, 2022
Investview To Increase Hash Rate by 50% From Renewable Energy Sources
Investview To Increase Hash Rate by 50% From Renewable Energy Sources

Investview is a financial technology company with diversified investments in education tools, content, research, and management of digital asset technologies. This includes a primary focus on Bitcoin mining. Investview will expand its mining operation through its SAFETek subsidiary where it “has entered a transaction to expand its Bitcoin mining farm

News  •  Bitcoin  •  Aug 06, 2022
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