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Going unnoticed for about a month, the Federal Reserve Bank of Cleveland released a paper on June 21st, 2022 discussing the Bitcoin Lightning Network and its uses. The working paper focuses on the transactions per second compared to today’s solutions of Visa and Mastercard. The paper claims that if
Bitfinex has announced that it has donated 36 Bitcoin and $600,000 worth of Tether (USDT) to assist small businesses and communities in El Salvador as an extension of their ongoing support for the country. Bitfinex is reportedly working with Max Keiser and Stacy Herbert, who are early Bitcoin adopters
In a statement released on Thursday, July 14, 2022, Bitcoin-centric company NYDIG announced the signing of a multi-year deal with the New York Yankees. The partnership gives employees of the Major League Baseball (MLB) franchise access to NYDIG’s Bitcoin Savings Plan (BSP). NYDIG’s chief marketing officer Kelly Brewster
News • Bitcoin • Jul 15, 2022
In a statement released on Thursday, July 14, 2022, Bitcoin-centric company NYDIG announced the signing of a multi-year deal with the New York Yankees. The partnership gives employees of the Major League Baseball (MLB) franchise access to NYDIG’s Bitcoin Savings Plan (BSP). NYDIG’s chief marketing officer Kelly Brewster
News • Bitcoin • Jul 15, 2022
Going unnoticed for about a month, the Federal Reserve Bank of Cleveland released a paper on June 21st, 2022 discussing the Bitcoin Lightning Network and its uses. The working paper focuses on the transactions per second compared to today’s solutions of Visa and Mastercard. The paper claims that if
News • Bitcoin • Jul 15, 2022
Bitfinex has announced that it has donated 36 Bitcoin and $600,000 worth of Tether (USDT) to assist small businesses and communities in El Salvador as an extension of their ongoing support for the country. Bitfinex is reportedly working with Max Keiser and Stacy Herbert, who are early Bitcoin adopters
News • Bitcoin • Jul 15, 2022
Celsius, a crypto lending firm that had more than $8 billion in loans to clients and about $12 billion in assets under management in May, has just filed for Chapter 11 proceedings in the state of New York. As of now, the company revealed it has around $167 million dollars
News • Bitcoin • Jul 15, 2022
Practically all industrial-scale Bitcoin miners operating in Texas have shut off their machines as the companies brace for a heat wave that is expected to push the power grid near its breaking point. Texas has become one of the largest hubs by computing power in the world. Hosting companies like
News • Bitcoin • Jul 13, 2022
In a statement released on Monday, Anderson Chamon, the vice president of technology and products at PicPay, announced, “PicPay will enter the crypto market to lead its popularization not only as an investment, but also as a way to decentralize payments and other financial services.” The platform will allow its
News • Bitcoin • Jul 12, 2022
On Tuesday July 5th, 2022 Voyager Digital announced how the company would attempt to make their retail creditors whole again after lending to Three Arrows Capital (3AC). 3AC is a crypto fund giant that blew up about $18 billion at its peak, borrowing from CeFi lenders like Celsius, BlockFi, and
News • Business • Jul 12, 2022
PostFinance is the fifth largest financial services bank in Switzerland while also serving as the banking arm for the country’s post office. The company announced that they will be offering 2.69 million of their customers the option to buy, sell, and hold Bitcoin by the year 2024. Despite
News • Bitcoin • Jul 11, 2022