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In an announcement posted to the Mt. Gox domain on October 15th, trustee Nobuaki Kobayashi announced that the rehabilitation of the exchange has once again been delayed. He claimed that within the proposed rehabilitation plan, there are "matters that require closer examination," making it "necessary to extend
According to a report published by Fidelity Digital Assets, investment portfolios with a low single-digit percentage allocation to Bitcoin would have seen notably increased annual returns in the past five years. The report analyzed how Bitcoin could have benefited a 60/40 portfolio consisting of stocks and bonds, with bonds
Coinbase is finally looking to sponsor two Bitcoin developers through their Crypto Community Fund for the first time, the company announced Thursday. "Unlike most cryptocurrency projects, Bitcoin launched without a fundraise, while bootstrapping an entire industry. The open source community has provided critical support for Bitcoin development, with some
News • Bitcoin • Oct 14, 2020
Coinbase is finally looking to sponsor two Bitcoin developers through their Crypto Community Fund for the first time, the company announced Thursday. "Unlike most cryptocurrency projects, Bitcoin launched without a fundraise, while bootstrapping an entire industry. The open source community has provided critical support for Bitcoin development, with some
News • Bitcoin • Oct 14, 2020
In an announcement posted to the Mt. Gox domain on October 15th, trustee Nobuaki Kobayashi announced that the rehabilitation of the exchange has once again been delayed. He claimed that within the proposed rehabilitation plan, there are "matters that require closer examination," making it "necessary to extend
News • Bitcoin • Oct 14, 2020
According to a report published by Fidelity Digital Assets, investment portfolios with a low single-digit percentage allocation to Bitcoin would have seen notably increased annual returns in the past five years. The report analyzed how Bitcoin could have benefited a 60/40 portfolio consisting of stocks and bonds, with bonds
News • Bitcoin • Oct 14, 2020
Announced on October 13th, cryptocurrency mining firm Marathon Patent Group has formed a strategic partnership with Beowulf Energy, a power infrastructure company based in the U.S., to launch a new Bitcoin mining farm. The joint venture will see the firms establish a data center in Montana, nearby Beowulf'
News • Bitcoin • Oct 13, 2020
Under the nose of many in the cryptocurrency space, Stone Ridge Asset Management has accumulated $115 million worth of bitcoin. The $10 billion asset manager confirmed this news to Forbes on October 13th, but did not disclose when exactly the funds were deployed to purchase these coins. Through partially-owned subsidiary
News • Bitcoin • Oct 12, 2020
For Bitcoin enthusiasts who don't get seasick, a new unconventional living concept is hitting the high seas: a cruise ship whose inhabitants can pay for their homes, services, and goods in bitcoin. According to the boating publication Maritime Executive, Ocean Builders, a company previously focused on building seasteading
News • Bitcoin • Oct 11, 2020
While it's unclear if Tesla is looking to get involved in Bitcoin at a corporate level, Tesla employees can apparently dollar-cost average into the leading cryptocurrency at Bitcoin automated teller machines (ATM) inside its first Gigafactory. Will Reeves, CEO of payments app Fold, noted on October 10th that
News • Bitcoin • Oct 10, 2020
Samuel Reed, the former Chief Technology Officer and co-founder of Bitcoin derivatives exchange BitMEX, was released after a $5 million appearance bond had been approved by U.S. courts last week, according to court documents. Reed was required to pay a $500,000 security on the unsecured bond, the document
News • Bitcoin • Oct 09, 2020