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Craig Wright Is Suing Exchanges for Selling "Fake" Bitcoin
Craig Wright Is Suing Exchanges for Selling "Fake" Bitcoin
News  •  Bitcoin  •  May 05, 2022 by CJ

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

Two Argentine Banks Now Allow Customers to Buy Bitcoin
Two Argentine Banks Now Allow Customers to Buy Bitcoin
News  •  Bitcoin  •  May 04, 2022 by Deniz Saat

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 Reports Bitcoin Sales During Q1 2022
Block Reports Bitcoin Sales During Q1 2022

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, 2022
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Block Reports Bitcoin Sales During Q1 2022
Block Reports Bitcoin Sales During Q1 2022

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, 2022
Craig Wright Is Suing Exchanges for Selling "Fake" Bitcoin
Craig Wright Is Suing Exchanges for Selling "Fake" Bitcoin

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

News  •  Bitcoin  •  May 05, 2022
Two Argentine Banks Now Allow Customers to Buy Bitcoin
Two Argentine Banks Now Allow Customers to Buy Bitcoin

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

News  •  Bitcoin  •  May 04, 2022
Coinbase Facilitates Goldman's First Bitcoin-backed Loan
Coinbase Facilitates Goldman's First Bitcoin-backed Loan

The 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, 2022
Panama’s National Assembly Approves Bill for Bitcoin Use
Panama’s National Assembly Approves Bill for Bitcoin Use

On 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, 2022
Delayed Australian Spot Bitcoin ETF Has Investors on the Edge of Their Seats
Delayed Australian Spot Bitcoin ETF Has Investors on the Edge of Their Seats

Originally 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, 2022
Microstrategy Adds Bitcoin Options for Employee 401(K) Plans
Microstrategy Adds Bitcoin Options for Employee 401(K) Plans

Along 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, 2022
Fidelity Offers Bitcoin for 401(K) Accounts
Fidelity Offers Bitcoin for 401(K) Accounts

Later 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
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