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Square and Blockstream to Build Solar-Powered Bitcoin Mine in the U.S.
Square and Blockstream to Build Solar-Powered Bitcoin Mine in the U.S.
News  •  Business  •  Jun 04, 2021 by Thomas M

Bitcoin proponents have long pushed back against frequently resurfacing concerns surrounding Bitcoin's carbon footprint. Now, a new collaborative effort might just deliver an argument Bitcoin mining critics will find themselves struggling to refute. Bitcoin infrastructure firm Blockstream has partnered with Jack Dorsey-led Square to build and open-source, solar-powered

Square Seeks Community Input on Bitcoin Hardware Wallet
Square Seeks Community Input on Bitcoin Hardware Wallet
News  •  Business  •  Jun 03, 2021 by Thomas M

Square is considering building a Bitcoin hardware wallet to encourage non-custodial bitcoin storage, as Square chief executive and Twitter CEO Jack Dorsey revealed in a Twitter thread on Friday. While the firm has not yet decided if and when it will introduce such a wallet to the market, Dorsey wants

DOJ Recovers $2.3 Million Worth of Bitcoin from Colonial Pipeline Hack
DOJ Recovers $2.3 Million Worth of Bitcoin from Colonial Pipeline Hack

The U.S. Federal Investigation Bureau (FBI) was able to recover part of the ransom paid by Colonial Pipeline, the operator of the fuel distribution company that fell victim to a hack shutting down one of its key sites in the country in May. 63.7 bitcoin or approximately $2.

News  •  Business  •  Jun 07, 2021
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DOJ Recovers $2.3 Million Worth of Bitcoin from Colonial Pipeline Hack
DOJ Recovers $2.3 Million Worth of Bitcoin from Colonial Pipeline Hack

The U.S. Federal Investigation Bureau (FBI) was able to recover part of the ransom paid by Colonial Pipeline, the operator of the fuel distribution company that fell victim to a hack shutting down one of its key sites in the country in May. 63.7 bitcoin or approximately $2.

News  •  Business  •  Jun 07, 2021
Square and Blockstream to Build Solar-Powered Bitcoin Mine in the U.S.
Square and Blockstream to Build Solar-Powered Bitcoin Mine in the U.S.

Bitcoin proponents have long pushed back against frequently resurfacing concerns surrounding Bitcoin's carbon footprint. Now, a new collaborative effort might just deliver an argument Bitcoin mining critics will find themselves struggling to refute. Bitcoin infrastructure firm Blockstream has partnered with Jack Dorsey-led Square to build and open-source, solar-powered

News  •  Business  •  Jun 04, 2021
Square Seeks Community Input on Bitcoin Hardware Wallet
Square Seeks Community Input on Bitcoin Hardware Wallet

Square is considering building a Bitcoin hardware wallet to encourage non-custodial bitcoin storage, as Square chief executive and Twitter CEO Jack Dorsey revealed in a Twitter thread on Friday. While the firm has not yet decided if and when it will introduce such a wallet to the market, Dorsey wants

News  •  Business  •  Jun 03, 2021
This Gaming Event Offers Players a 1 Bitcoin Prize Pool
This Gaming Event Offers Players a 1 Bitcoin Prize Pool

Besides their first real-life Bitcoin get-together in over a year, 12,000 bitcoiners attending the Bitcoin 2021 Conference in Miami this week can look forward to a weekend filled with games and a prize pool of 1 bitcoin, worth just under $39,000 at press time. Hosted by gaming startup

News  •  Business  •  Jun 02, 2021
Elon Musk’s Bitcoin Mining Council Fuels Controversy
Elon Musk’s Bitcoin Mining Council Fuels Controversy

Elon Musk and Microstrategy CEO Michael Saylor have come under fire after announcing the formation of a Bitcoin Mining Council to promote sustainability initiatives. The Bitcoin Mining Council is the result of a meeting between North American Bitcoin miners who have committed to publishing the details of their renewable energy

News  •  Business  •  May 24, 2021
Bitcoin Mining Firms React to China's Announced Crackdown
Bitcoin Mining Firms React to China's Announced Crackdown

Bitcoin mining firms BTC.TOP and Huobi Mall have reacted to recent developments surrounding Bitcoin mining in China. The move comes after a statement was published by the Financial Stability and Development Committee of China's State Council summarizing a State Council meeting held by Vice Premier Liu He

News  •  Business  •  May 23, 2021
Tether Publishes Breakdown of Reserves Backing the World's Largest Stablecoin
Tether Publishes Breakdown of Reserves Backing the World's Largest Stablecoin

The world's largest stablecoin has had its fair share of media exposure during the latest Bitcoin bull market as critics questioned its backing, even going as far as to allege Bitcoin price manipulation through the use of Tether (USDt). In March, the New York Attorney General's

News  •  Business  •  May 12, 2021
As Elon Ditches Bitcoin Payments, Bitcoiners Ditch Their Tesla Orders
As Elon Ditches Bitcoin Payments, Bitcoiners Ditch Their Tesla Orders

$10,000 red candles appear less shocking the second time around. And although Bitcoin is on its way to recovery following a near-instant crash to $45,000, the culprit remains the center of attention: Elon Musk, who sent waves of shock, confusion, and outrage through the wider Bitcoin space when

News  •  Business  •  May 12, 2021
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