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According to participants, partnerships between NYDIG and 300 US banks have been finalized, with regulatory and security concerns that lingered now resolved. Local banks believe that offering Bitcoin trading will keep them afloat as customers have expressed demand for it. Harold Reynolds, CEO of the $1.3 billion-asset BankSouth in
Core Scientific, Inc has finalized a merger with Power & Digital Infrastructure Acquisition Corp (XPDI), with the resulting company trading under the CORZ ticker on the NASDAQ. The merger brings one of the largest bitcoin mining operations to the publicly traded market. Core Scientific reported an estimated 67,000 ASIC
Flushing Financial Corporation, the parent company of Flushing Bank, announced on January 25th, 2022 that their customers will soon be able to buy, sell, and hold bitcoin. The company will be partnering with NYDIG who will provide the necessary infrastructure for the bank to offer these services. Flushing was founded
News • Bitcoin • Jan 26, 2022
Flushing Financial Corporation, the parent company of Flushing Bank, announced on January 25th, 2022 that their customers will soon be able to buy, sell, and hold bitcoin. The company will be partnering with NYDIG who will provide the necessary infrastructure for the bank to offer these services. Flushing was founded
News • Bitcoin • Jan 26, 2022
According to participants, partnerships between NYDIG and 300 US banks have been finalized, with regulatory and security concerns that lingered now resolved. Local banks believe that offering Bitcoin trading will keep them afloat as customers have expressed demand for it. Harold Reynolds, CEO of the $1.3 billion-asset BankSouth in
News • Bitcoin • Jan 23, 2022
Core Scientific, Inc has finalized a merger with Power & Digital Infrastructure Acquisition Corp (XPDI), with the resulting company trading under the CORZ ticker on the NASDAQ. The merger brings one of the largest bitcoin mining operations to the publicly traded market. Core Scientific reported an estimated 67,000 ASIC
News • Bitcoin • Jan 23, 2022
On January 20th, 2022, the Beta program went live for the first 1,000 users who signed up. Robinhood released a statement on their blog announcing the full implementation for a crypto wallet. After the testing phase, the company plans to roll out the feature to 10,000 more users
News • Bitcoin • Jan 23, 2022
Crypto.com is a Singapore based cryptocurrency exchange with a reported ten million users and 3,000 employees. The exchange confirmed on January 17th, 2022 that unauthorized withdrawals were initiated. The lost funds include 443.93 BTC, 4,836.26 ETH, and $66,200 in other currencies. The total funds
News • Bitcoin • Jan 20, 2022
On January 18, 2022 the Bitcoin Mining Council (BMC) released results from their Q4 2021 mining sector survey, which focused on three metrics: electricity consumption, sustainable power mix, and technological efficiency. According to the BMC, they were able to gather sustainable energy information from 46% of the global bitcoin mining
News • Bitcoin • Jan 20, 2022
Bitcoin rewards for Fold App cardholders just got a bit more exciting with the recent rollout of next day funding. Fold App users now have the ability to spend more quickly and earn more bitcoin rewards for items they already buy on a day-to-day basis. Fold App first announced development
News • Bitcoin • Jan 19, 2022
On Monday, January 17, Blockstream announced the launch of tranche eight of their Blockstream Mining Note (BMN), available through Bitfinex Securities Ltd. According to the Blockstream website, the “BMN provides qualified investors with access to Bitcoin hashrate at our enterprise-grade facilities.” Typically, bitcoin mining involves high energy costs, and relatively
News • Bitcoin • Jan 18, 2022