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Craig Wright filed a lawsuit against Coinbase and Kraken on May 3rd, 2022. The lawsuit claims that the two cryptocurrency exchanges are selling fake Bitcoin and the asset that they claim to be the real Bitcoin does not align with what is stated in the whitepaper. The claim is currently
Banco Galicia, Argentina’s largest private bank, and digital assets bank Brubank SAU will both provide Bitcoin and cryptocurrency trading services for their clients. Along with Bitcoin, the banks will also provide services for Ethereum and USDC on May 9th, 2022. Around 60% of Banco Galicia’s customers are in
Block, previously known as Square, said Thursday that Cash App generated $1.73 billion worth of Bitcoin sales during Q1 of 2022. The company also reported generating $43 million in Bitcoin gross profit, according to the Q1 shareholder letter. "Cash App generated $1.73 billion of bitcoin revenue and
News • Bitcoin • May 10, 2022Block, previously known as Square, said Thursday that Cash App generated $1.73 billion worth of Bitcoin sales during Q1 of 2022. The company also reported generating $43 million in Bitcoin gross profit, according to the Q1 shareholder letter. "Cash App generated $1.73 billion of bitcoin revenue and
News • Bitcoin • May 10, 2022Craig Wright filed a lawsuit against Coinbase and Kraken on May 3rd, 2022. The lawsuit claims that the two cryptocurrency exchanges are selling fake Bitcoin and the asset that they claim to be the real Bitcoin does not align with what is stated in the whitepaper. The claim is currently
News • Bitcoin • May 05, 2022Banco Galicia, Argentina’s largest private bank, and digital assets bank Brubank SAU will both provide Bitcoin and cryptocurrency trading services for their clients. Along with Bitcoin, the banks will also provide services for Ethereum and USDC on May 9th, 2022. Around 60% of Banco Galicia’s customers are in
News • Bitcoin • May 04, 2022The adoption of Bitcoin continues to increase with the announcement of a new type of loan from Goldman Sachs Group. The company released information on a new Bitcoin-backed loan on May 3rd, 2022 in collaboration with Coinbase. The collaboration between Goldman Sachs Group Inc. and Coinbase Global Inc. is focusing
News • Bitcoin • May 04, 2022On April 28th, 2022 Panama’s official National Assembly Twitter account tweeted that their Bitcoin and cryptocurrency proposal (Law No. 697) was approved by the assembly and will be presented to Panamanian President Laurentino Cortizo. He will have the option to either veto the proposal or sign it into law.
News • Bitcoin • Apr 29, 2022Originally set to launch on April 27th, the Bitcoin ETF from Cosmos Asset Management has recently been postponed. ETF Securities and 21 Shares were expected to facilitate the launch announcing Australia's first-ever Bitcoin spot exchange-traded fund (ETF). Spot-based ETFs are becoming increasingly popular as they are expected to
News • Bitcoin • Apr 29, 2022Along with Fidelity's announcement to offer Bitcoin investing for company 401(k) plans, Microstrategy accepted the offering for their own employees. CEO Michael Saylor stated that “MicroStrategy looks forward to working with Fidelity to become the first public company to offer their employees the option to invest in
News • Bitcoin • Apr 28, 2022Later this year, the 23,000 companies that use Fidelity to facilitate their retirement plans will have the option to put Bitcoin on their account. The adoption of Bitcoin by the nation's largest retirement plan provider suggests that Bitcoin is moving further into the mainstream. The company is
News • Bitcoin • Apr 27, 2022