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Craig Wright Awarded £1 for ‘Nominal Damages’ in Bitcoin Libel Case
Craig Wright Awarded £1 for ‘Nominal Damages’ in Bitcoin Libel Case
News  •  Bitcoin  •  Aug 02, 2022 by CJ

The UK’s High Court has awarded Dr. Craig Wright, the man claiming to have invented Bitcoin, £1 ($1.23) in damages after judging that he deliberately presented false evidence in a Bitcoin libel case against Bitcoin enthusiast and podcaster, Peter McCormack. Judge Martin Chamberlain wrote:  Because he [Wright] advanced

Bitwage Partners With Casa and Edge Wallet for Streamlined Payroll
Bitwage Partners With Casa and Edge Wallet for Streamlined Payroll
News  •  Bitcoin  •  Aug 02, 2022 by Philipe F

Bitwage, a Bitcoin payroll provider, has partnered with Bitcoin security company Casa as well as Edge Wallet to streamline the process for onboarding businesses to a Bitcoin standard, according to a press release sent to Bitcoin Magazine.  Bitwage explains that throughout its time cooperating with governments and businesses, one of

MicroStrategy CEO Michael Saylor Moves to Chairman Role to Focus More on Bitcoin Strategy
MicroStrategy CEO Michael Saylor Moves to Chairman Role to Focus More on Bitcoin Strategy

MicroStrategy CEO Michael Saylor will transition from his CEO position to Executive Chairman of the company, according to a statement released on August 2nd, 2022. Phong Le currently serves as the company’s president and will be taking over Saylor’s CEO position while also serving as a member of

News  •  Bitcoin  •  Aug 02, 2022
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MicroStrategy CEO Michael Saylor Moves to Chairman Role to Focus More on Bitcoin Strategy
MicroStrategy CEO Michael Saylor Moves to Chairman Role to Focus More on Bitcoin Strategy

MicroStrategy CEO Michael Saylor will transition from his CEO position to Executive Chairman of the company, according to a statement released on August 2nd, 2022. Phong Le currently serves as the company’s president and will be taking over Saylor’s CEO position while also serving as a member of

News  •  Bitcoin  •  Aug 02, 2022
Craig Wright Awarded £1 for ‘Nominal Damages’ in Bitcoin Libel Case
Craig Wright Awarded £1 for ‘Nominal Damages’ in Bitcoin Libel Case

The UK’s High Court has awarded Dr. Craig Wright, the man claiming to have invented Bitcoin, £1 ($1.23) in damages after judging that he deliberately presented false evidence in a Bitcoin libel case against Bitcoin enthusiast and podcaster, Peter McCormack. Judge Martin Chamberlain wrote:  Because he [Wright] advanced

News  •  Bitcoin  •  Aug 02, 2022
Bitwage Partners With Casa and Edge Wallet for Streamlined Payroll
Bitwage Partners With Casa and Edge Wallet for Streamlined Payroll

Bitwage, a Bitcoin payroll provider, has partnered with Bitcoin security company Casa as well as Edge Wallet to streamline the process for onboarding businesses to a Bitcoin standard, according to a press release sent to Bitcoin Magazine.  Bitwage explains that throughout its time cooperating with governments and businesses, one of

News  •  Bitcoin  •  Aug 02, 2022
20 Years of Hashcash
20 Years of Hashcash

Hashcash was invented as a way to solve the sybil attack problem, where false online identities or user accounts run rampant and attempt to execute a Denial-of-Service (DoS) attack on platforms and networks. Hashcash was applied to Bitcoin in order to keep all miners in the network honest.  The “hashcash

News  •  Bitcoin  •  Aug 01, 2022
Chinese ASIC Manufacturer Canaan To Begin U.S. Mining Operation
Chinese ASIC Manufacturer Canaan To Begin U.S. Mining Operation

Canaan Inc. (NASDAQ: CAN), a Chinese ASIC manufacturer has announced their intent to expand into the U.S. Bitcoin mining scene. This comes after already having a successful pilot operation in the Bitcoin mining heavy country of Kazakhstan. Canaan has deployed over 10,000 of their own miners. “Mining in

News  •  Bitcoin  •  Jul 30, 2022
New ‘Bitcoin Hub’ Opens in Honduras
New ‘Bitcoin Hub’ Opens in Honduras

The Honduran resort town of Santa Lucia now has a local Bitcoin hub. According to local news outlet Diario La Prensa, the private initiative known as Bitcoin Valley intends to develop a circular Bitcoin economy and boost the number of tourists visiting the area. Owner of tourist related businesses in

News  •  Bitcoin  •  Jul 30, 2022
Babel Finance Loses 8,000 BTC and $280 Million of Customer Funds
Babel Finance Loses 8,000 BTC and $280 Million of Customer Funds

Babel Finance, a crypto financial services firm, recently reported a whopping $280 million liquidation loss, which includes losing 8,000 BTC and a significant quantity of another token, according to a report from The Block.  Once again, a reminder that users can never be fully assured that their Bitcoin is

News  •  Bitcoin  •  Jul 30, 2022
Santander Bank Will Offer Bitcoin and Crypto Services in Brazil
Santander Bank Will Offer Bitcoin and Crypto Services in Brazil

According to a report from the regional newspaper Folha de S. Paulo, Santander Brazil, the third-largest private bank in the nation, is preparing to introduce Bitcoin and cryptocurrency services for their customers.  CEO Mario Leao stated during his interview:  We expect to have definitions about it in the next few

News  •  Bitcoin  •  Jul 29, 2022
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