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Valkyrie Applies to List Bitcoin Mining ETF
Valkyrie Applies to List Bitcoin Mining ETF
News  •  Bitcoin  •  Jan 28, 2022 by Deniz Saat

Valkyrie submitted their Bitcoin Miner ETF application to the SEC on January 26th, 2022. The investment firm plans to have the ETF trade on the NASDAQ Stock Exchange with the ticker “WGMI”.  WGMI would allow investors to gain exposure to publicly traded Bitcoin miners for an annual management fee of

New York Bank Partners With NYDIG to Offer Bitcoin Services
New York Bank Partners With NYDIG to Offer Bitcoin Services
News  •  Bitcoin  •  Jan 26, 2022 by Deniz Saat

Flushing Financial Corporation, the parent company of Flushing Bank, announced on January 25th, 2022 that their customers will soon be able to buy, sell, and hold bitcoin. The company will be partnering with NYDIG who will provide the necessary infrastructure for the bank to offer these services. Flushing was founded

Five Star Bank Announces Rollout of Bitcoin Services in Partnership with NYDIG
Five Star Bank Announces Rollout of Bitcoin Services in Partnership with NYDIG

On January 25th, 2022, Five Star Bank, a subsidiary of Financial Institutions, Inc, announced a partnership with NYDIG. Five Star Bank is a $5 billion community bank with 560 employees and operates a network of more than 45 locations in the US. This partnership will enable the Bank's

News  •  Bitcoin  •  Jan 30, 2022
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Five Star Bank Announces Rollout of Bitcoin Services in Partnership with NYDIG
Five Star Bank Announces Rollout of Bitcoin Services in Partnership with NYDIG

On January 25th, 2022, Five Star Bank, a subsidiary of Financial Institutions, Inc, announced a partnership with NYDIG. Five Star Bank is a $5 billion community bank with 560 employees and operates a network of more than 45 locations in the US. This partnership will enable the Bank's

News  •  Bitcoin  •  Jan 30, 2022
Valkyrie Applies to List Bitcoin Mining ETF
Valkyrie Applies to List Bitcoin Mining ETF

Valkyrie submitted their Bitcoin Miner ETF application to the SEC on January 26th, 2022. The investment firm plans to have the ETF trade on the NASDAQ Stock Exchange with the ticker “WGMI”.  WGMI would allow investors to gain exposure to publicly traded Bitcoin miners for an annual management fee of

News  •  Bitcoin  •  Jan 28, 2022
New York Bank Partners With NYDIG to Offer Bitcoin Services
New York Bank Partners With NYDIG to Offer Bitcoin Services

Flushing Financial Corporation, the parent company of Flushing Bank, announced on January 25th, 2022 that their customers will soon be able to buy, sell, and hold bitcoin. The company will be partnering with NYDIG who will provide the necessary infrastructure for the bank to offer these services. Flushing was founded

News  •  Bitcoin  •  Jan 26, 2022
Bitcoin Trading and Custody Coming to 300 US Banks in the 1H 2022
Bitcoin Trading and Custody Coming to 300 US Banks in the 1H 2022

According to participants, partnerships between NYDIG and 300 US banks have been finalized, with regulatory and security concerns that lingered now resolved.  Local banks believe that offering Bitcoin trading will keep them afloat as customers have expressed demand for it. Harold Reynolds, CEO of the $1.3 billion-asset BankSouth in

News  •  Bitcoin  •  Jan 23, 2022
Bitcoin Miner Core Scientific Completes Merger to Become Publicly Listed
Bitcoin Miner Core Scientific Completes Merger to Become Publicly Listed

Core Scientific, Inc has finalized a merger with Power & Digital Infrastructure Acquisition Corp (XPDI), with the resulting company trading under the CORZ ticker on the NASDAQ. The merger brings one of the largest bitcoin mining operations to the publicly traded market. Core Scientific reported an estimated 67,000 ASIC

News  •  Bitcoin  •  Jan 23, 2022
Robinhood Rolls Out Bitcoin Withdrawals
Robinhood Rolls Out Bitcoin Withdrawals

On January 20th, 2022, the Beta program went live for the first 1,000 users who signed up. Robinhood released a statement on their blog announcing the full implementation for a crypto wallet. After the testing phase, the company plans to roll out the feature to 10,000 more users

News  •  Bitcoin  •  Jan 23, 2022
Over $34 Million Stolen From Crypto.com Accounts
Over $34 Million Stolen From Crypto.com Accounts

Crypto.com is a Singapore based cryptocurrency exchange with a reported ten million users and 3,000 employees. The exchange confirmed on January 17th, 2022 that unauthorized withdrawals were initiated. The lost funds include 443.93 BTC, 4,836.26 ETH, and $66,200 in other currencies. The total funds

News  •  Bitcoin  •  Jan 20, 2022
Bitcoin Mining Consumes a Fraction of World Energy Production, Says Mining Council
Bitcoin Mining Consumes a Fraction of World Energy Production, Says Mining Council

On January 18, 2022 the Bitcoin Mining Council (BMC) released results from their Q4 2021 mining sector survey, which focused on three metrics: electricity consumption, sustainable power mix, and technological efficiency. According to the BMC, they were able to gather sustainable energy information from 46% of the global bitcoin mining

News  •  Bitcoin  •  Jan 20, 2022
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