Business
Business
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
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
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
News - Bitcoin - Jan 03, 2023According 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
News - Bitcoin - Jan 03, 2023Douglas, 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
Press Release - Bitcoin - Dec 22, 2022In 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
News - Bitcoin - Dec 21, 2022You’ve probably seen a lot of folks on Twitter talking about Nostr recently (including Twitter founder Jack Dorsey). Jack likes Nostr so much, he donated 14 Bitcoin to Nostr open-source development. https://twitter.com/jack/status/1603535971114487816 This article serves as a guide for non-technical people on how to
News - Technology - Dec 20, 2022With 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
News - Bitcoin - Dec 20, 2022The Bank for International Settlements’ (BIS) Basel Committee on Banking Supervision recently released a proposed policy that would set a 2% limit on the amount of banks’ Tier 1 capital held in Bitcoin and cryptocurrencies. The policy has the support of the Basel Committee’s supervisory body, the Group of
News - Bitcoin - Dec 16, 2022The Tokyo Electric Power Company (TEPCO) Power Grid is collaborating with a local semiconductor designer and developer, TRIPLE-1, in order to mine Bitcoin using excess energy around the country. The Fukushima nuclear plant, which was operated by TEPCO, was damaged in 2011 by an enormous tsunami and earthquake that destroyed
News - Bitcoin - Dec 14, 2022An oversubscribed investment round headed by ego death capital and Entrée Capital helped Breez, a Lightning Network solution service provider, raise $4.5 million. Hivemind Ventures, Fulgur Ventures, Hawk Digital Innovation, and Bitcoiner Ventures are a few additional industry funds involved with raising capital for this round. Breez CEO Roy
News - Bitcoin - Dec 13, 2022