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Proof-of-Funds Company Raises Seed Funding for Aggressive Infrastructure Development
Proof-of-Funds Company Raises Seed Funding for Aggressive Infrastructure Development
News  •  Bitcoin  •  May 12, 2022 by Deniz Saat

Hoseki is a Proof-of-Funds service that builds infrastructure in order to help investors verify and use their funds in ways that were previously inaccessible. Their app will allow for Proof-of-Funds in order to be considered for mortgages, car loans, personal loans, residency, and credit checks. The company recently announced the

El Salvador Releases Plans for Bitcoin City
El Salvador Releases Plans for Bitcoin City
News  •  Bitcoin  •  May 12, 2022 by CJ

President Nayib Bukele released images of El Salvador’s Bitcoin City model following a recent Tweet that the country “bought the dip” purchasing an additional 500 Bitcoin. The Bitcoin City images showcase a golden city with a Bitcoin centerpiece. Bukele captioned the photos with "Bitcoin city is coming along

Two Bitcoin ETFs Launch in Australia
Two Bitcoin ETFs Launch in Australia

On May 12th, 2022 Australia finally launched a Bitcoin spot ETF along with a second Bitcoin ETF that invests in a Canadian spot Bitcoin ETF. 21Shares Bitcoin ETF (EBTC: AU) is the first Australian spot Bitcoin ETF offered in partnership with ETF securities. The fund directly invests in Bitcoin and

News  •  Bitcoin  •  May 13, 2022
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Two Bitcoin ETFs Launch in Australia
Two Bitcoin ETFs Launch in Australia

On May 12th, 2022 Australia finally launched a Bitcoin spot ETF along with a second Bitcoin ETF that invests in a Canadian spot Bitcoin ETF. 21Shares Bitcoin ETF (EBTC: AU) is the first Australian spot Bitcoin ETF offered in partnership with ETF securities. The fund directly invests in Bitcoin and

News  •  Bitcoin  •  May 13, 2022
Proof-of-Funds Company Raises Seed Funding for Aggressive Infrastructure Development
Proof-of-Funds Company Raises Seed Funding for Aggressive Infrastructure Development

Hoseki is a Proof-of-Funds service that builds infrastructure in order to help investors verify and use their funds in ways that were previously inaccessible. Their app will allow for Proof-of-Funds in order to be considered for mortgages, car loans, personal loans, residency, and credit checks. The company recently announced the

News  •  Bitcoin  •  May 12, 2022
El Salvador Releases Plans for Bitcoin City
El Salvador Releases Plans for Bitcoin City

President Nayib Bukele released images of El Salvador’s Bitcoin City model following a recent Tweet that the country “bought the dip” purchasing an additional 500 Bitcoin. The Bitcoin City images showcase a golden city with a Bitcoin centerpiece. Bukele captioned the photos with "Bitcoin city is coming along

News  •  Bitcoin  •  May 12, 2022
Is MicroStrategy Solvent if Bitcoin Continues To Fall?
Is MicroStrategy Solvent if Bitcoin Continues To Fall?

Michael Saylor and his company, MicroStrategy, are one of the most outspoken supporters of Bitcoin. In fact, the company has one of the largest holdings of the digital asset in the world. However, attention has recently been drawn to the possibility of the company becoming insolvent due to Bitcoin'

News  •  Bitcoin  •  May 11, 2022
Casa Raises Series A Funding and Releases New API
Casa Raises Series A Funding and Releases New API

The Casa team announced on May 10th, 2022 that they were able to raise $21 million for their series A funding in order to expand operations while also releasing their new API. The funding is planned to be used for fueling the company’s next phase of growth. Their new

News  •  Bitcoin  •  May 10, 2022
First Spanish Soccer Club Will Accept Bitcoin
First Spanish Soccer Club Will Accept Bitcoin

Reial Club Deportivo (RCD) Espanyol has agreed to accept Bitcoin and other cryptocurrencies for tickets, merchandise, food, and beverages. The club plans on implementing the payment option next season, making it the first member of the professional soccer league, La Liga, to accept Bitcoin and other cryptocurrencies. Interestingly, RCD Espanyol

News  •  Bitcoin  •  May 10, 2022
NYDIG Partnership Allows Another Financial Institution Bitcoin Services
NYDIG Partnership Allows Another Financial Institution Bitcoin Services

Consumers and businesses are looking to their financial institutions for providing Bitcoin services and Jack Henry, a large payment processor for the financial industry, is up to the task. From their press release it was announced that consumers and business accounts alike will be given access to NYDIG’s buy-hold-sell

News  •  Bitcoin  •  May 10, 2022
Block Reports Bitcoin Sales During Q1 2022
Block Reports Bitcoin Sales During Q1 2022

Block, previously known as Square, said Thursday that Cash App generated $1.73 billion worth of Bitcoin sales during Q1 of 2022. The company also reported generating $43 million in Bitcoin gross profit, according to the Q1 shareholder letter. "Cash App generated $1.73 billion of bitcoin revenue and

News  •  Bitcoin  •  May 10, 2022
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