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The latest blog released by the European Central Bank (ECB) has gained a lot of attention amongst Bitcoiners. Titled “Bitcoin’s last stand,” the blog post contains misleading remarks and statements about Bitcoin on many levels without any supporting evidence or data. Below are the main points of contention from
According to Brazil’s federal government’s official journal (DOU), President Jair Bolsonaro signed a bill into law on December 22nd that creates a comprehensive regulatory framework for Bitcoin transactions in the country. The bill was passed by Congress in November and was enacted today by President Bolsonaro without any
According to a filing with the U.S. Securities and Exchange Commission (SEC) made on December 30th, 2022, investment juggernaut BlackRock (BLK) pledged $17 million to bankrupt Bitcoin miner Core Scientific (CORZ) as part of a new $75 million loan from the miner’s secured convertible note holders. BlackRock is
News • Bitcoin • Jan 03, 2023According to a filing with the U.S. Securities and Exchange Commission (SEC) made on December 30th, 2022, investment juggernaut BlackRock (BLK) pledged $17 million to bankrupt Bitcoin miner Core Scientific (CORZ) as part of a new $75 million loan from the miner’s secured convertible note holders. BlackRock is
News • Bitcoin • Jan 03, 2023The latest blog released by the European Central Bank (ECB) has gained a lot of attention amongst Bitcoiners. Titled “Bitcoin’s last stand,” the blog post contains misleading remarks and statements about Bitcoin on many levels without any supporting evidence or data. Below are the main points of contention from
News • Bitcoin • Dec 26, 2022According to Brazil’s federal government’s official journal (DOU), President Jair Bolsonaro signed a bill into law on December 22nd that creates a comprehensive regulatory framework for Bitcoin transactions in the country. The bill was passed by Congress in November and was enacted today by President Bolsonaro without any
News • Bitcoin • Dec 22, 2022In order to restructure its debt, Core Scientific (CORZ), one of the largest Bitcoin miners by computing power, filed for bankruptcy on December 21st, 2022. The downturn in markets has had significant impacts on the business, forcing Core Scientific to file for Chapter 11 bankruptcy at the Southern District of
News • Bitcoin • Dec 21, 2022You’ve probably seen a lot of folks on Twitter talking about Nostr recently (including Twitter founder Jack Dorsey). Jack likes Nostr so much, he donated 14 Bitcoin to Nostr open-source development. https://twitter.com/jack/status/1603535971114487816 This article serves as a guide for non-technical people on how to
News • Technology • Dec 20, 2022According to sources, Sam Bankman-Fried’s cryptocurrency trading firm, Alameda Research, has been secretly funding The Block for more than a year. The media outlet claims to cover cryptocurrency news independently. According to those knowledgeable of the situation, one $16 million payment was made by Alameda to be used in
News • Business • Dec 09, 2022Following the collapse of potential acquirer FTX, struggling cryptocurrency lender BlockFi has applied for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the District of New Jersey. The company disclosed in the filing that it had more than 100,000 creditors along with liabilities and assets ranging
News • Business • Nov 28, 2022On November 16th, 2022 Tyler and Cameron Winklevoss’ cryptocurrency platform Gemini Trust Co. claimed that customer redemptions for its Earn program are being delayed after its partner, Genesis Global, halted withdrawals on its borrowing platform due to a liquidity shortage. According to a statement from Gemini Earn’s website page,
News • Business • Nov 16, 2022