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In 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
You’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
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
News • Bitcoin • Dec 22, 2022
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
News • Bitcoin • Dec 22, 2022
In 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, 2022
You’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, 2022
According 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, 2022
Following 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, 2022
On 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
The U.S. Securities and Exchange Commission (SEC) has extended the deadline for a decision on listing ARK 21Shares’ spot Bitcoin (BTC) exchange-traded fund on the Chicago Board Options Exchange (Cboe BZX). The SEC’s recent announcement was initially submitted on May 13th, 2022 and has extended the window for
News • Bitcoin • Nov 15, 2022
According to a tweet from the company, Sam Bankman- Fried’s FTX cryptocurrency exchange has filed for Chapter 11 bankruptcy in the U.S. Bankman-Fried has also resigned as CEO and will assist John J. Ray III with his new role for the exchange. The voluntary proceedings involve Alameda Research,
News • Business • Nov 11, 2022