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Singapore-based Zipmex Exchange Has Paused Withdrawals
Singapore-based Zipmex Exchange Has Paused Withdrawals
News  •  Bitcoin  •  Jul 20, 2022 by Marek F.

Zipmex becomes yet another cryptocurrency company that is troubled by the current market conditions. Zipmex, a Singapore-based cryptocurrency exchange that operates in Thailand, Indonesia, and Australia, has released an official statement that the company will be pausing withdrawals.  The message below was announced from the Zipmex Twitter account explaining the

The Bitcoin Mining Council Reports Year-on-Year Improvements in Sustainable Power Mix
The Bitcoin Mining Council Reports Year-on-Year Improvements in Sustainable Power Mix
News  •  Bitcoin  •  Jul 20, 2022 by Philipe F

The Bitcoin Mining Council (BMC) announced the findings of its second quarter 2022 (“Q2") that focused on three main metrics: electricity consumption, technological efficiency, and sustainable power mix.  The BMC collected data from over 50% of the global Bitcoin Network as of June 30th, 2022, in their voluntary survey.

IBEX Mercado and OSMO Wallet Partnership Streamlines Bitcoin Adoption in Latin America
IBEX Mercado and OSMO Wallet Partnership Streamlines Bitcoin Adoption in Latin America

Bitcoin infrastructure provider IBEX Mercado and Guatemalan startup OSMO Wallet are partnering to enable Central American users to buy, sell, and transact with Bitcoin.  The two companies are building out Bitcoin infrastructure in areas where 70% of the population are still unbanked despite the wide adoption of smartphones.  With increasing

News  •  Bitcoin  •  Jul 20, 2022
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IBEX Mercado and OSMO Wallet Partnership Streamlines Bitcoin Adoption in Latin America
IBEX Mercado and OSMO Wallet Partnership Streamlines Bitcoin Adoption in Latin America

Bitcoin infrastructure provider IBEX Mercado and Guatemalan startup OSMO Wallet are partnering to enable Central American users to buy, sell, and transact with Bitcoin.  The two companies are building out Bitcoin infrastructure in areas where 70% of the population are still unbanked despite the wide adoption of smartphones.  With increasing

News  •  Bitcoin  •  Jul 20, 2022
Singapore-based Zipmex Exchange Has Paused Withdrawals
Singapore-based Zipmex Exchange Has Paused Withdrawals

Zipmex becomes yet another cryptocurrency company that is troubled by the current market conditions. Zipmex, a Singapore-based cryptocurrency exchange that operates in Thailand, Indonesia, and Australia, has released an official statement that the company will be pausing withdrawals.  The message below was announced from the Zipmex Twitter account explaining the

News  •  Bitcoin  •  Jul 20, 2022
The Bitcoin Mining Council Reports Year-on-Year Improvements in Sustainable Power Mix
The Bitcoin Mining Council Reports Year-on-Year Improvements in Sustainable Power Mix

The Bitcoin Mining Council (BMC) announced the findings of its second quarter 2022 (“Q2") that focused on three main metrics: electricity consumption, technological efficiency, and sustainable power mix.  The BMC collected data from over 50% of the global Bitcoin Network as of June 30th, 2022, in their voluntary survey.

News  •  Bitcoin  •  Jul 20, 2022
Banking Giant BNP Paribas Will Offer Bitcoin Purchases
Banking Giant BNP Paribas Will Offer Bitcoin Purchases

According to a Coindesk report, BNP Paribas will be working with Bitcoin and crypto custody specialist Metaco, a Swiss digital custody firm. Metaco has recently been one of the top Bitcoin and cryptocurrency providers for banks and institutions that are looking to get into the space. BNP Paribas currently manages

News  •  Bitcoin  •  Jul 19, 2022
First Female UFC Fighter Will Be Paid In Bitcoin
First Female UFC Fighter Will Be Paid In Bitcoin

Bitwage, a payroll service provider that allows anyone in the world to convert their paycheck into Bitcoin without employer consent has partnered with Luana Pinheiro to make her the first female Ultimate Fighting Championship (UFC) fighter to be paid in Bitcoin. The Brazilian fighter has joined her boyfriend Matheus Nicolau

News  •  Bitcoin  •  Jul 19, 2022
A Timeline of the Three Arrows Capital Collapse
A Timeline of the Three Arrows Capital Collapse

By now everyone is aware of the Three Arrows Capital (3AC) debacle. The fund somehow managed to fumble away a total of at least $3.5 Billion from 33 lenders.  Court details of the liquidations of the creditors were leaked on July 18th but have been currently taken down.  A

News  •  Bitcoin  •  Jul 19, 2022
Central African Republic Approves Bitcoin as a Reserve Asset
Central African Republic Approves Bitcoin as a Reserve Asset

As the Central African Republic (CAR) continues to work toward improving its economic status, the country has recently announced plans to utilize Bitcoin (BTC) as a reserve asset. The nation was the first on the African continent to approve Bitcoin as legal tender alongside the Central African CFA franc earlier

News  •  Bitcoin  •  Jul 19, 2022
Southland Credit Union Launches Bitcoin Purchases With NYDIG Partnership
Southland Credit Union Launches Bitcoin Purchases With NYDIG Partnership

Southland Credit Union, a $1 billion credit union that offers its products and services to more than 60,000 members in Orange County and Los Angeles, has just launched a Bitcoin purchase option for its members. As per the press release, the members of Southland Credit Union will be able

News  •  Bitcoin  •  Jul 18, 2022
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