On Thursday morning, the Federal Reserve announced the official launch of its real-time payment system, FedNow® Service. This service is designed to enable banks and credit unions of all sizes to conduct instant fund transfers for their customers, with round-the-clock availability, throughout the year. In its initial phase, the service

Bitfarms (BITF), a Bitcoin mining company, has successfully secured two power purchase agreements in Paraguay, allowing it to add up to 150 megawatts (MW) of hydropower capacity.  The firm announced on Wednesday that one agreement, for up to 50 MW, is located in Villarrica, near Bitfarms' existing operations. The

At an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate, Robert F. Kennedy Jr., shared his Bitcoin-oriented policies that he would implement as president, including a plan to gradually back the U.S. dollar with Bitcoin and remove capital gains taxes from Bitcoin earnings. Kennedy's proposal includes

The Eighth Judicial District Court of Nevada has accepted a petition from the Nevada Financial Institutions Division (NFID) to put cryptocurrency custodian, Prime Trust, into receivership, pending a hearing.  https://twitter.com/NevadaDBI/status/1681382351325253632 A July 14th court document from Nevada showed that a receiver for Prime Trust was

Binance, one of the largest Bitcoin and cryptocurrency exchanges in the world, has recently integrated the Lightning Network for faster and more streamlined Bitcoin transactions.  As of today, the platform allows its users to deposit and withdraw Bitcoin via the Lightning Network. https://twitter.com/binance/status/1680777249090576385 Through the

The much-anticipated launch of the first European spot Bitcoin ETF has been delayed significantly, but may potentially be approved in the near future.  Meanwhile, the United States is also displaying an increase in interest for a similar financial product, initiated by BlackRock's submission for an American spot Bitcoin

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

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