A Bitcoin exchange-traded fund (ETF) is being introduced by Samsung Asset Management in Hong Kong. According to a report by Fortune Korea, the Samsung Bitcoin Futures Active ETF (3135:HK) invests in Bitcoin futures contracts traded on the Chicago Mercantile Exchange (CME) in an effort to achieve performance that is

CleanSpark, a publicly traded Bitcoin mining company based in Las Vegas, Nevada, has released their December 2022 Bitcoin mining update along with the CEO’s comments for the previous year. CEO Zach Bradford explained that “among our many accomplishments this year, I’m most proud of increasing our annual Bitcoin

According to a filing with the U.S. Securities and Exchange Commission (SEC) made on December 30th, 2022, investment juggernaut BlackRock (BLK) pledged $17 million to bankrupt Bitcoin miner Core Scientific (CORZ) as part of a new $75 million loan from the miner’s secured convertible note holders. BlackRock is

The latest blog released by the European Central Bank (ECB) has gained a lot of attention amongst Bitcoiners. Titled “Bitcoin’s last stand,” the blog post contains misleading remarks and statements about Bitcoin on many levels without any supporting evidence or data.  Below are the main points of contention from

Douglas, Isle of Man - Thursday 22nd December 2022 - CoinCorner has added support for the Philippines to its Send Globally service, allowing customers in the UK and Europe to transfer funds to the Philippines, using Bitcoin and the Lightning Network. In a new partnership with Pouch, Send Globally will

According to Brazil’s federal government’s official journal (DOU), President Jair Bolsonaro signed a bill into law on December 22nd that creates a comprehensive regulatory framework for Bitcoin transactions in the country. The bill was passed by Congress in November and was enacted today by President Bolsonaro without any

In order to restructure its debt, Core Scientific (CORZ), one of the largest Bitcoin miners by computing power, filed for bankruptcy on December 21st, 2022. The downturn in markets has had significant impacts on the business, forcing Core Scientific to file for Chapter 11 bankruptcy at the Southern District of

With its initial launch, Layer 2 Labs hopes to scale and develop drivechains for the Bitcoin Network. Upon its debut, the company was able to successfully raise $3 million in funding. Layer 2 Labs co-founder and CEO Paul Sztorc stated that the company’s mission is to “make everyone in