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El Salvador’s Volcano Bitcoin Mining Operation Generates $29 Million
El Salvador’s Volcano Bitcoin Mining Operation Generates $29 Million
News  •  Bitcoin  •  May 15, 2024 by Deniz Saat

El Salvador has mined nearly 474 Bitcoin, valued at approximately $29 million, since September 2021 using geothermal energy from the Tecapa volcano, according to official data.  This brings the country's total Bitcoin holdings to 5,750 Bitcoin, worth over $360 million. The geothermal energy mining operation is a

Bitcoin ETFs Begin Trading in Hong Kong
Bitcoin ETFs Begin Trading in Hong Kong
News  •  Bitcoin  •  Apr 29, 2024 by Deniz Saat

Spot Bitcoin exchange traded funds (ETFs) officially launched in Hong Kong as its stock market opened. The long-awaited approval marks the beginning of a new era for the Bitcoin industry in the region.  After Hong Kong's Securities and Futures Commission approved three Spot Bitcoin ETF applications earlier this

BTPI Launches Study on Bitcoin’s Impact on Financial Freedom in Authoritarian Countries
BTPI Launches Study on Bitcoin’s Impact on Financial Freedom in Authoritarian Countries

The Brooks School Tech Policy Institute (BTPI) at Cornell University has launched a $1 million research project to explore the relationship between Bitcoin and financial freedom in authoritarian countries.  Led by BTPI Director Sarah Kreps, the research aims to understand how individuals use Bitcoin and stablecoins for financial security in

Bitcoin  •  Economy  •  May 17, 2024
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BTPI Launches Study on Bitcoin’s Impact on Financial Freedom in Authoritarian Countries
BTPI Launches Study on Bitcoin’s Impact on Financial Freedom in Authoritarian Countries

The Brooks School Tech Policy Institute (BTPI) at Cornell University has launched a $1 million research project to explore the relationship between Bitcoin and financial freedom in authoritarian countries.  Led by BTPI Director Sarah Kreps, the research aims to understand how individuals use Bitcoin and stablecoins for financial security in

Bitcoin  •  Economy  •  May 17, 2024
El Salvador’s Volcano Bitcoin Mining Operation Generates $29 Million
El Salvador’s Volcano Bitcoin Mining Operation Generates $29 Million

El Salvador has mined nearly 474 Bitcoin, valued at approximately $29 million, since September 2021 using geothermal energy from the Tecapa volcano, according to official data.  This brings the country's total Bitcoin holdings to 5,750 Bitcoin, worth over $360 million. The geothermal energy mining operation is a

News  •  Bitcoin  •  May 15, 2024
Bitcoin ETFs Begin Trading in Hong Kong
Bitcoin ETFs Begin Trading in Hong Kong

Spot Bitcoin exchange traded funds (ETFs) officially launched in Hong Kong as its stock market opened. The long-awaited approval marks the beginning of a new era for the Bitcoin industry in the region.  After Hong Kong's Securities and Futures Commission approved three Spot Bitcoin ETF applications earlier this

News  •  Bitcoin  •  Apr 29, 2024
Human Rights Foundation Launches Finney Freedom Prize
Human Rights Foundation Launches Finney Freedom Prize

Today, coinciding with the fourth Bitcoin halving, the Human Rights Foundation (HRF) unveiled the Finney Freedom Prize. This award honors Hal Finney, a pioneer in promoting Bitcoin from its inception. https://twitter.com/gladstein/status/1781381967210229867 The Finney Freedom Prize will be awarded each Bitcoin halving era to those who

News  •  Bitcoin  •  Apr 19, 2024
IMF Continues To Push for Changes to El Salvador’s Bitcoin Legislation
IMF Continues To Push for Changes to El Salvador’s Bitcoin Legislation

According to Infobae, the International Monetary Fund (IMF) is allegedly insisting on modifications to El Salvador's pro-Bitcoin legislation, which is complicating the nation's efforts to obtain a $1.4 billion credit line. In 2021, El Salvador adopted Bitcoin as legal tender under President Nayib Bukele'

News  •  Bitcoin  •  Apr 12, 2024
Japanese Firm’s Stock Price Soars After Adopting Bitcoin Strategy
Japanese Firm’s Stock Price Soars After Adopting Bitcoin Strategy

Metaplanet, a company specializing in Web3 infrastructure, experienced a nearly 90% surge in its stock value on the Tokyo Stock Exchange within two days.  The jump in price occurred after the company announced a collaborative investment of $6.56 million in Bitcoin, involving partners such as Sora Ventures and Mark

News  •  Bitcoin  •  Apr 09, 2024
El Salvador’s Bitcoin Holdings Surpass $400 Million
El Salvador’s Bitcoin Holdings Surpass $400 Million

El Salvador became the first nation to declare Bitcoin as legal tender and to integrate a Bitcoin strategy into its national treasury, resulting in an accumulation of over $400 million in Bitcoin holdings. Under the leadership of President Nayib Bukele, legislation was enacted in 2021 to legitimize Bitcoin as legal

News  •  Bitcoin  •  Mar 26, 2024
14 Bitcoin Projects Receive $500,000 from Human Rights Foundation
14 Bitcoin Projects Receive $500,000 from Human Rights Foundation

The Human Rights Foundation (HRF) recently disclosed its latest allocation of Bitcoin Development Fund grants.  A total of $500,000 has been allocated to 14 projects across the globe. These projects are aimed at enhancing global education, advancing the Lightning Network, fostering decentralized communications, and facilitating access to financial tools

News  •  Bitcoin  •  Mar 20, 2024
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