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Southland Credit Union, a $1 billion credit union that offers its products and services to more than 60,000 members in Orange County and Los Angeles, has just launched a Bitcoin purchase option for its members. As per the press release, the members of Southland Credit Union will be able
In a statement released on Thursday, July 14, 2022, Bitcoin-centric company NYDIG announced the signing of a multi-year deal with the New York Yankees. The partnership gives employees of the Major League Baseball (MLB) franchise access to NYDIG’s Bitcoin Savings Plan (BSP). NYDIG’s chief marketing officer Kelly Brewster
By now everyone is aware of the Three Arrows Capital (3AC) debacle. The fund somehow managed to fumble away a total of at least $3.5 Billion from 33 lenders. Court details of the liquidations of the creditors were leaked on July 18th but have been currently taken down. A
News - Bitcoin - Jul 19, 2022By now everyone is aware of the Three Arrows Capital (3AC) debacle. The fund somehow managed to fumble away a total of at least $3.5 Billion from 33 lenders. Court details of the liquidations of the creditors were leaked on July 18th but have been currently taken down. A
News - Bitcoin - Jul 19, 2022Southland Credit Union, a $1 billion credit union that offers its products and services to more than 60,000 members in Orange County and Los Angeles, has just launched a Bitcoin purchase option for its members. As per the press release, the members of Southland Credit Union will be able
News - Bitcoin - Jul 18, 2022In a statement released on Thursday, July 14, 2022, Bitcoin-centric company NYDIG announced the signing of a multi-year deal with the New York Yankees. The partnership gives employees of the Major League Baseball (MLB) franchise access to NYDIG’s Bitcoin Savings Plan (BSP). NYDIG’s chief marketing officer Kelly Brewster
News - Bitcoin - Jul 15, 2022Going unnoticed for about a month, the Federal Reserve Bank of Cleveland released a paper on June 21st, 2022 discussing the Bitcoin Lightning Network and its uses. The working paper focuses on the transactions per second compared to today’s solutions of Visa and Mastercard. The paper claims that if
News - Bitcoin - Jul 15, 2022Bitfinex has announced that it has donated 36 Bitcoin and $600,000 worth of Tether (USDT) to assist small businesses and communities in El Salvador as an extension of their ongoing support for the country. Bitfinex is reportedly working with Max Keiser and Stacy Herbert, who are early Bitcoin adopters
News - Bitcoin - Jul 15, 2022Celsius, a crypto lending firm that had more than $8 billion in loans to clients and about $12 billion in assets under management in May, has just filed for Chapter 11 proceedings in the state of New York. As of now, the company revealed it has around $167 million dollars
News - Bitcoin - Jul 15, 2022Practically all industrial-scale Bitcoin miners operating in Texas have shut off their machines as the companies brace for a heat wave that is expected to push the power grid near its breaking point. Texas has become one of the largest hubs by computing power in the world. Hosting companies like
News - Bitcoin - Jul 13, 2022In a statement released on Monday, Anderson Chamon, the vice president of technology and products at PicPay, announced, “PicPay will enter the crypto market to lead its popularization not only as an investment, but also as a way to decentralize payments and other financial services.” The platform will allow its
News - Bitcoin - Jul 12, 2022