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Tether Is Fully Backed, Assurance Opinion Shows
Tether Is Fully Backed, Assurance Opinion Shows
News  •  Business  •  Mar 29, 2021 by Thomas M

Legend has it that there cannot be a Bitcoin bull market without an episode of vocal concerns about the state of the world’s largest stablecoin Tether (USDt). Earlier this year, accusations resurfaced that USDt was not fully backed, meaning that its issuer Tether allegedly did not hold the equivalent

You Can Now Buy a Tesla With Bitcoin
You Can Now Buy a Tesla With Bitcoin
News  •  Business  •  Mar 23, 2021 by Thomas M

After hinting at it in February, Tesla has now added Bitcoin as a payment option to its online store. When the firm revealed early last month that it had purchased $1.5 billion worth of bitcoin to provide "more flexibility to further diversify and maximize returns on our cash,

Blockstream to Launch Bitcoin Mining Security Token
Blockstream to Launch Bitcoin Mining Security Token

While the wider ecosystem is honing in on NFTs, bitcoiners are now making their own tokens. Bitcoin infrastructure company Blockstream is gearing up to raise funds via a security token offering (STO), according to a press release shared with the BTC Times. The token is called Blockstream Mining Note, or

News  •  Business  •  Mar 29, 2021
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Blockstream to Launch Bitcoin Mining Security Token
Blockstream to Launch Bitcoin Mining Security Token

While the wider ecosystem is honing in on NFTs, bitcoiners are now making their own tokens. Bitcoin infrastructure company Blockstream is gearing up to raise funds via a security token offering (STO), according to a press release shared with the BTC Times. The token is called Blockstream Mining Note, or

News  •  Business  •  Mar 29, 2021
Tether Is Fully Backed, Assurance Opinion Shows
Tether Is Fully Backed, Assurance Opinion Shows

Legend has it that there cannot be a Bitcoin bull market without an episode of vocal concerns about the state of the world’s largest stablecoin Tether (USDt). Earlier this year, accusations resurfaced that USDt was not fully backed, meaning that its issuer Tether allegedly did not hold the equivalent

News  •  Business  •  Mar 29, 2021
You Can Now Buy a Tesla With Bitcoin
You Can Now Buy a Tesla With Bitcoin

After hinting at it in February, Tesla has now added Bitcoin as a payment option to its online store. When the firm revealed early last month that it had purchased $1.5 billion worth of bitcoin to provide "more flexibility to further diversify and maximize returns on our cash,

News  •  Business  •  Mar 23, 2021
Canadian Bitcoin ETF Holds More than 14,000 Bitcoin One Month After Launch
Canadian Bitcoin ETF Holds More than 14,000 Bitcoin One Month After Launch

Just over a month post-launch, Purpose Investment's Bitcoin exchange-traded fund (ETF) holds more than 14,000 bitcoin, approximately $820 million at press time, in assets under management. The Canadian asset management firm reported its milestone on Thursday, when it disclosed that the ETF had cracked the $1 billion

News  •  Business  •  Mar 18, 2021
Morgan Stanley to Offer High-Net-Worth Clients Access to Bitcoin Funds
Morgan Stanley to Offer High-Net-Worth Clients Access to Bitcoin Funds

Morgan Stanley plans to offer Bitcoin funds to its wealthiest customers. CNBC reported on March 17th that the investment bank, which manages $4 trillion of client assets, told its financial advisors in an internal memo that it would offer three separate Bitcoin funds to the wealthiest of its clients as

News  •  Bitcoin  •  Mar 16, 2021
Visa Plans to Enable Bitcoin Payments at 70 Million Merchants
Visa Plans to Enable Bitcoin Payments at 70 Million Merchants

Visa seemingly plans to follow in PayPal's fresh footsteps as it works to adopt Bitcoin. The firm's CEO Alfred Kelly said on Fortune’s Leadership Next podcast on Tuesday that the payment processing behemoth is willing to facilitate not only bitcoin purchases, but also spending functionalities,

News  •  Bitcoin  •  Mar 16, 2021
Canadian Startup MintGreen Closes Seed Round to Monetize Heat from Bitcoin Mining
Canadian Startup MintGreen Closes Seed Round to Monetize Heat from Bitcoin Mining

As Bitcoin receives increased screen time on the global stage for its energy consumption, approaches are being developed around the world to make bitcoin mining more efficient. Vancouver-based clean tech startup MintGreen is working on one such development by recovering waste from Bitcoin mining and selling it via heat offtake

News  •  Business  •  Mar 15, 2021
India to Ban Bitcoin, Again
India to Ban Bitcoin, Again

India is set to propose a law banning Bitcoin, again. According to a March 15th Reuters report, a local government official said that the upcoming bill is one of the world’s strictest policies against bitcoin and other digital assets. The new rules would criminalize the possession, issuance, mining, trading

News  •  Bitcoin  •  Mar 14, 2021
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