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Bitcoin Broker Coinfinity Incorporates Lightning Network
Bitcoin Broker Coinfinity Incorporates Lightning Network
News  •  Bitcoin  •  Jul 11, 2023 by Deniz Saat

Coinfinity, a renowned Bitcoin broker based in Austria, has recently integrated the Lightning Network in order to execute Bitcoin transactions more cost-effectively and with faster transaction processing times. Coinfinity's Chief Growth Officer Thomas Burgstaller stated that "being this early to market is an important innovation step for

Luxor Technologies Introduces Six-Month Bitcoin Mining Derivatives Contracts
Luxor Technologies Introduces Six-Month Bitcoin Mining Derivatives Contracts
News  •  Bitcoin  •  Jul 10, 2023 by Deniz Saat

Bitcoin mining services provider Luxor Technologies’ Derivatives Desk now includes derivatives contracts that last six months along with daily settlement rates, giving market players longer-term contracts and quicker access to liquidity.  This move is designed to increase hedging efficiency and decrease capital cost in the Bitcoin mining derivatives sector. Luxor&

Crypto Lender Celsius’ Founder Detained and Accused of Fraud
Crypto Lender Celsius’ Founder Detained and Accused of Fraud

Alex Mashinsky, founder and ex-CEO of the now-bankrupt crypto lender, Celsius Network, was taken into custody and charged with fraud, as announced by a U.S. prosecutor in New York on July 13th. Additionally, three federal regulatory agencies launched lawsuits against both Mashinsky and his former company. Mashinsky is facing

News  •  Business  •  Jul 13, 2023
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Crypto Lender Celsius’ Founder Detained and Accused of Fraud
Crypto Lender Celsius’ Founder Detained and Accused of Fraud

Alex Mashinsky, founder and ex-CEO of the now-bankrupt crypto lender, Celsius Network, was taken into custody and charged with fraud, as announced by a U.S. prosecutor in New York on July 13th. Additionally, three federal regulatory agencies launched lawsuits against both Mashinsky and his former company. Mashinsky is facing

News  •  Business  •  Jul 13, 2023
Bitcoin Broker Coinfinity Incorporates Lightning Network
Bitcoin Broker Coinfinity Incorporates Lightning Network

Coinfinity, a renowned Bitcoin broker based in Austria, has recently integrated the Lightning Network in order to execute Bitcoin transactions more cost-effectively and with faster transaction processing times. Coinfinity's Chief Growth Officer Thomas Burgstaller stated that "being this early to market is an important innovation step for

News  •  Bitcoin  •  Jul 11, 2023
Luxor Technologies Introduces Six-Month Bitcoin Mining Derivatives Contracts
Luxor Technologies Introduces Six-Month Bitcoin Mining Derivatives Contracts

Bitcoin mining services provider Luxor Technologies’ Derivatives Desk now includes derivatives contracts that last six months along with daily settlement rates, giving market players longer-term contracts and quicker access to liquidity.  This move is designed to increase hedging efficiency and decrease capital cost in the Bitcoin mining derivatives sector. Luxor&

News  •  Bitcoin  •  Jul 10, 2023
Bipa Raises $1.4 Million To Streamline Bitcoin Transactions in Brazil
Bipa Raises $1.4 Million To Streamline Bitcoin Transactions in Brazil

Brazilian Bitcoin startup Bipa has successfully concluded its seed funding round, accruing R$8 million, or around $1.4 million.  New Form Capital and Hivemind Ventures are part of this funding round and will support Bipa's mission to simplify Bitcoin transactions for Brazilians and expand its customer base.

News  •  Bitcoin  •  Jul 07, 2023
ZEBEDEE and Beamable To Streamline Bitcoin Transaction Implementation in Gaming
ZEBEDEE and Beamable To Streamline Bitcoin Transaction Implementation in Gaming

ZEBEDEE, a financial technology company and payment processor, is joining forces with Beamable to streamline the implementation of Bitcoin transactions in gaming.  The objective of this joint venture is to bypass the requirement for a server or systems operations team, thereby facilitating developers' ability to incorporate server-side features into

News  •  Bitcoin  •  Jul 06, 2023
Belarus Takes Measures to Ban P2P Bitcoin Transactions
Belarus Takes Measures to Ban P2P Bitcoin Transactions

In an effort to mitigate escalating rates of cybercrime, the Belarusian government has suggested prohibiting peer-to-peer (P2P) transactions involving Bitcoin and other digital assets.  The Ministry of Foreign Affairs (MFA) of Belarus outlined the objectives of this new legislation and the resulting impact on users of Bitcoin and crypto exchanges.

News  •  Bitcoin  •  Jul 05, 2023
Fidelity Resubmits Application for Spot Bitcoin ETF
Fidelity Resubmits Application for Spot Bitcoin ETF

In a recent wave of increasing institutional interest in Bitcoin, Fidelity Investments has resubmitted a spot Bitcoin ETF application. This step follows similar filings by various prominent financial entities. On January 27th 2022, the SEC rejected Fidelity’s initial application for a Spot Bitcoin ETF after rejecting applications from First

News  •  Bitcoin  •  Jun 29, 2023
Nevada Financial Regulator Urges Receivership for Prime Trust
Nevada Financial Regulator Urges Receivership for Prime Trust

After issuing a cease and desist order, the Financial Institutions Division of Nevada has once more taken action against the cryptocurrency custodian, Prime Trust. This time, they have sought to appoint a receiver. A receivership is a court-appointed tool aiding creditors in retrieving defaulted funds and helping companies avoid bankruptcy,

News  •  Business  •  Jun 27, 2023
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