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Bitcoin miner Hut 8 and US Bitcoin Corp. have agreed to merge. Under the newly formed Hut 8 Corp., both companies are now wholly owned subsidiaries. The press release states that “the transaction is expected to establish [Hut 8 Corp.] as a large-scale, publicly traded Bitcoin miner focused on economical
According to remarks made by Sean O’Neal of Cleary Gottlieb, who is representing Genesis, a division of Digital Currency Group (DCG), a restructuring agreement has been reached with creditors. The sale of Genesis Global Trading would be one part of this plan to maximize recovery. The agreement will also
According to a UK court, Craig Wright cannot assert any copyright claims regarding Bitcoin’s code. Wright was unable to provide evidence of what is known as “fixation,” in order to support his claim that the formatting of Bitcoin blocks is his intellectual property. Fixation describes the capacity to present
News • Bitcoin • Feb 08, 2023
According to a UK court, Craig Wright cannot assert any copyright claims regarding Bitcoin’s code. Wright was unable to provide evidence of what is known as “fixation,” in order to support his claim that the formatting of Bitcoin blocks is his intellectual property. Fixation describes the capacity to present
News • Bitcoin • Feb 08, 2023
Bitcoin miner Hut 8 and US Bitcoin Corp. have agreed to merge. Under the newly formed Hut 8 Corp., both companies are now wholly owned subsidiaries. The press release states that “the transaction is expected to establish [Hut 8 Corp.] as a large-scale, publicly traded Bitcoin miner focused on economical
News • Bitcoin • Feb 07, 2023
According to remarks made by Sean O’Neal of Cleary Gottlieb, who is representing Genesis, a division of Digital Currency Group (DCG), a restructuring agreement has been reached with creditors. The sale of Genesis Global Trading would be one part of this plan to maximize recovery. The agreement will also
News • Business • Feb 07, 2023
The purchase of Burling Bank, an FDIC-insured Illinois state chartered bank, has been announced by LevelField Financial, a U.S. financial firm that provides digital asset services. According to the press release, LevelField will become the first finance entity that manages Bitcoin while being FDIC-insured and fully compliant. The bank
News • Bitcoin • Feb 03, 2023“We hold these truths to be self-evident, that all public/private key pairs are created equal, that they endow their creator with certain unalienable Rights, that among these are Freedom of Speech, Freedom from Algorithmic Bias, and Freedom of Meme.” – The Declaration of Independence from Platforms I published my initial
News • Technology • Feb 01, 2023
Nostr, a decentralized social networking protocol, is currently available on the Apple App Store via Damus. Nostr saw a surge in popularity after former Twitter CEO Jack Dorsey developed an interest in the technology. He later donated 14 BTC to its creator. Due to the enthusiasm, Damus became the most
News • Bitcoin • Feb 01, 2023
The play-and-earn fantasy esports platform Stattrak and top fintech payment processor ZEBEDEE have jointly announced the release of a new product geared for esports fans worldwide. In well-known titles like Counter-Strike: Global Offensive, League of Legends, Valorant, Rainbow Six Siege, and Dota 2, the product allows users to create their
News • Bitcoin • Jan 31, 2023The long-awaited Keet Mobile Alpha is finally here. Keet, the peer-to-peer (P2P) communications app, was released today for iOS and Android devices, offering users a secure and private alternative to centralized offerings from Big Tech companies. You don't need to provide a phone number, email address, or any
News • Business • Jan 30, 2023