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Huobi’s HUSD Stablecoin Loses Dollar Peg
Huobi’s HUSD Stablecoin Loses Dollar Peg
News  •  Markets  •  Aug 18, 2022 by Philipe F

According to data from CoinMarketCap, HUSD is the most recent stablecoin to lose its 1:1 parity with the U.S. dollar, as it fell by 15% on August 18th. HUSD is an ERC-20 token on the Ethereum blockchain and has been marketed as a secure stablecoin that combines the

New York Judge Allows Bankrupt Celsius to Mine and Sell Bitcoin
New York Judge Allows Bankrupt Celsius to Mine and Sell Bitcoin
News  •  Bitcoin  •  Aug 18, 2022 by CJ

A New York Judge has allowed Celsius Network to mine and sell Bitcoin as a means to get back financial stability. The decision came less than a day after the cryptocurrency lender presented a court filing with projections showing that it will run out of cash by October. The documents

Australian Retailers Now Let Customers Pay for Gas, Snacks, and More With Bitcoin
Australian Retailers Now Let Customers Pay for Gas, Snacks, and More With Bitcoin

OTR, an acronym for “On the Run,” is South Australia’s leading convenience retailer. And in the spirit of convenience, the chain just announced a partnership to bring Bitcoin and cryptocurrency integration to hundreds of locations. The partnership is a major step for Australia in bringing Bitcoin and cryptocurrency connectivity

News  •  Bitcoin  •  Aug 19, 2022
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Australian Retailers Now Let Customers Pay for Gas, Snacks, and More With Bitcoin
Australian Retailers Now Let Customers Pay for Gas, Snacks, and More With Bitcoin

OTR, an acronym for “On the Run,” is South Australia’s leading convenience retailer. And in the spirit of convenience, the chain just announced a partnership to bring Bitcoin and cryptocurrency integration to hundreds of locations. The partnership is a major step for Australia in bringing Bitcoin and cryptocurrency connectivity

News  •  Bitcoin  •  Aug 19, 2022
Huobi’s HUSD Stablecoin Loses Dollar Peg
Huobi’s HUSD Stablecoin Loses Dollar Peg

According to data from CoinMarketCap, HUSD is the most recent stablecoin to lose its 1:1 parity with the U.S. dollar, as it fell by 15% on August 18th. HUSD is an ERC-20 token on the Ethereum blockchain and has been marketed as a secure stablecoin that combines the

News  •  Markets  •  Aug 18, 2022
New York Judge Allows Bankrupt Celsius to Mine and Sell Bitcoin
New York Judge Allows Bankrupt Celsius to Mine and Sell Bitcoin

A New York Judge has allowed Celsius Network to mine and sell Bitcoin as a means to get back financial stability. The decision came less than a day after the cryptocurrency lender presented a court filing with projections showing that it will run out of cash by October. The documents

News  •  Bitcoin  •  Aug 18, 2022
Luxury Resort Chain Soneva Now Accepts Bitcoin
Luxury Resort Chain Soneva Now Accepts Bitcoin

Soneva, a privately held company that helps travelers navigate paperwork for booking in foregin countries, has introduced Bitcoin as a payment option for customers. Bitcoin payments are acceptable for the following locations: Soneva Fushi, Soneva Jani, Soneva in Aqua in the Maldives, and Soneva Kiri in Thailand. Soneva also offers

News  •  Bitcoin  •  Aug 18, 2022
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt
Stronghold Sells 26,000 Bitcoin Miners To Eliminate Debt

Stronghold Digital Mining (SDIG), a Bitcoin mining company based in the U.S., revealed plans to reduce outstanding debt and restructure its financial operations on August 16th, 2022. The company intends to release approximately 26,200 of its mining rigs, where 18,700 are currently running, under an agreement with

News  •  Bitcoin  •  Aug 17, 2022
Galaxy Digital Terminates Acquisition of BitGo
Galaxy Digital Terminates Acquisition of BitGo

Galaxy Digital Holdings Ltd. (TSX: GLXY) run by the well known Mike Novogratz, has announced that the company will be reorganizing to become a Delaware-based company along with terminating their deal to acquire BitGo, an institutional digital asset platform.  Galaxy, which is headquartered in New York and has offices in

News  •  Bitcoin  •  Aug 16, 2022
Houston Texans Are the First NFL Team To Accept Bitcoin as Payment for Suite
Houston Texans Are the First NFL Team To Accept Bitcoin as Payment for Suite

On August 16th, 2022, the Houston Texans announced a partnership with Houston-based Bitcoin and cryptocurrency company BitWallet to serve as the team’s official digital currency wallet. Texans fans will now have the option to use Bitcoin and other cryptocurrencies through BitWallet to buy single-game suites. The Texans are currently

News  •  Bitcoin  •  Aug 16, 2022
Revolut Wins Approval To Offer Bitcoin Services in Europe
Revolut Wins Approval To Offer Bitcoin Services in Europe

Financial services company Revolut has won approval from the Cyprus Securities and Exchange Commission (CYSEC) to offer Bitcoin services across the European Economic Area (EEA). This has reportedly made the London-based company the first entity to receive approval as a crypto-asset service provider (CASP) from the regulator.  The authorization will

News  •  Bitcoin  •  Aug 16, 2022
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