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Voyager Digital Suspends All Trading, Deposits, and Withdrawals
Voyager Digital Suspends All Trading, Deposits, and Withdrawals
News  •  Bitcoin  •  Jul 01, 2022 by Deniz Saat

On July 1st, 2022 Voyager announced that the crypto-only brokerage is temporarily suspending trading, deposits, withdrawals, and loyalty rewards for all customers until further notice. CEO Stephen Ehrlich stated that the decision was made in order to provide Voyager with “more time to continue exploring strategic alternatives with various interested

New Samsung Chip Will Help Mine Bitcoin More Efficiently
New Samsung Chip Will Help Mine Bitcoin More Efficiently
News  •  Bitcoin  •  Jul 01, 2022 by Deniz Saat

Electronics conglomerate Samsung reported that the company will begin trial production on their three nanometer (3nm) chips for application-specific integrated circuits (ASICs). ASICs are currently the most efficient way to mine Bitcoin and Samsung’s new chip will help make the process more efficient and faster. According to the report,

BlockFi Outlines Acquisition Path With FTX U.S.
BlockFi Outlines Acquisition Path With FTX U.S.

Crypto trading and lending firm, Blockfi, announced on July 1st, 2022 a deal with FTX U.S. that would provide the firm with a $400 million revolving credit line that outlines the path to an acquisition. The agreement is now subject to shareholder approvals which would provide FTX an option

News  •  Bitcoin  •  Jul 02, 2022
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BlockFi Outlines Acquisition Path With FTX U.S.
BlockFi Outlines Acquisition Path With FTX U.S.

Crypto trading and lending firm, Blockfi, announced on July 1st, 2022 a deal with FTX U.S. that would provide the firm with a $400 million revolving credit line that outlines the path to an acquisition. The agreement is now subject to shareholder approvals which would provide FTX an option

News  •  Bitcoin  •  Jul 02, 2022
Voyager Digital Suspends All Trading, Deposits, and Withdrawals
Voyager Digital Suspends All Trading, Deposits, and Withdrawals

On July 1st, 2022 Voyager announced that the crypto-only brokerage is temporarily suspending trading, deposits, withdrawals, and loyalty rewards for all customers until further notice. CEO Stephen Ehrlich stated that the decision was made in order to provide Voyager with “more time to continue exploring strategic alternatives with various interested

News  •  Bitcoin  •  Jul 01, 2022
New Samsung Chip Will Help Mine Bitcoin More Efficiently
New Samsung Chip Will Help Mine Bitcoin More Efficiently

Electronics conglomerate Samsung reported that the company will begin trial production on their three nanometer (3nm) chips for application-specific integrated circuits (ASICs). ASICs are currently the most efficient way to mine Bitcoin and Samsung’s new chip will help make the process more efficient and faster. According to the report,

News  •  Bitcoin  •  Jul 01, 2022
European Union Pushes for Mass Surveillance of Bitcoin and Crypto Transactions
European Union Pushes for Mass Surveillance of Bitcoin and Crypto Transactions

Ernest Urtasun, a member of the E.U. Parliament, took to Twitter on Wednesday to provide a glimpse of upcoming regulations looking to “put an end to the wild west of unregulated crypto.” The legislation introduces a large number of requirements for both registered entities as well as “unhosted wallets”

News  •  Bitcoin  •  Jun 30, 2022
FTX To Buy Distressed BlockFi at Insane Discount
FTX To Buy Distressed BlockFi at Insane Discount

A term sheet is currently being finalized between derivatives exchange FTX and digital assets platform BlockFi due to extreme market volatility and mismanagement within the company.  According to CNBC, an FTX spokesperson said the company “would not be commenting on the matter.” BlockFi was also unavailable to comment. FTX had

News  •  Business  •  Jun 30, 2022
Twitter Feud With Nic Carter Over Identity-based Wallet
Twitter Feud With Nic Carter Over Identity-based Wallet

On June 28th, 2022 Venture Capitalist Nic Carter announced he was “Excited to be backing” identity-based wallet company, Dynamic.  Dynamic XYZ’s goal is to usher in “the adoption of wallet-based authentication and identity.” The company announced that they raised $7.4 million during a seed round of funding led

News  •  Bitcoin  •  Jun 30, 2022
A Closer Look at Circle’s USDC Operation and Possible Failure
A Closer Look at Circle’s USDC Operation and Possible Failure

Twitter user @CryptoInsider23 posted a thread claiming that Circle’s USDC stablecoin “is on the brink of collapse.” The account explains that they were able to come to this conclusion by looking into Circle’s SPAC IPO filings. From the provided tweet and infographic, Circle is currently paying Signature Bank

News  •  Markets  •  Jun 29, 2022
Luxury Watchmaker Breitling Accepts Bitcoin for Purchases
Luxury Watchmaker Breitling Accepts Bitcoin for Purchases

One of the world’s oldest luxury watch brands has decided to join the bandwagon of recent luxury watchmakers to accept Bitcoin.  Breitling has partnered with BitPay as their Bitcoin and cryptocurrency payment service provider. This allows customers the option to pay with Bitcoin or other cryptocurrencies at checkout.  The

News  •  Bitcoin  •  Jun 29, 2022
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