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New York Yankees and NYDIG Partnership Enables Bitcoin Purchases
New York Yankees and NYDIG Partnership Enables Bitcoin Purchases
News  •  Bitcoin  •  Jul 15, 2022 by CJ

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

Federal Reserve Bank of Cleveland Says Lightning Network Is Turning Bitcoin Into Money
Federal Reserve Bank of Cleveland Says Lightning Network Is Turning Bitcoin Into Money
News  •  Bitcoin  •  Jul 15, 2022 by Hodl D

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

Southland Credit Union Launches Bitcoin Purchases With NYDIG Partnership
Southland Credit Union Launches Bitcoin Purchases With NYDIG Partnership

Southland Credit Union, a $1 billion credit union that offers its products and services to more than 60,000 members in Orange County and Los Angeles, has just launched a Bitcoin purchase option for its members. As per the press release, the members of Southland Credit Union will be able

News  •  Bitcoin  •  Jul 18, 2022
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Southland Credit Union Launches Bitcoin Purchases With NYDIG Partnership
Southland Credit Union Launches Bitcoin Purchases With NYDIG Partnership

Southland Credit Union, a $1 billion credit union that offers its products and services to more than 60,000 members in Orange County and Los Angeles, has just launched a Bitcoin purchase option for its members. As per the press release, the members of Southland Credit Union will be able

News  •  Bitcoin  •  Jul 18, 2022
New York Yankees and NYDIG Partnership Enables Bitcoin Purchases
New York Yankees and NYDIG Partnership Enables Bitcoin Purchases

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
Federal Reserve Bank of Cleveland Says Lightning Network Is Turning Bitcoin Into Money
Federal Reserve Bank of Cleveland Says Lightning Network Is Turning Bitcoin Into Money

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 Donates To Small Businesses in El Salvador
Bitfinex Donates To Small Businesses in El Salvador

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 Files for Chapter 11 Bankruptcy
Celsius Files for Chapter 11 Bankruptcy

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
Bitcoin Miners Successfully Stabilize the Texas Grid
Bitcoin Miners Successfully Stabilize the Texas Grid

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
30 Million Brazilian PicPay Customers May Now Buy Bitcoin
30 Million Brazilian PicPay Customers May Now Buy Bitcoin

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
Voyager Reveals Recovery Plan After Bankruptcy Filing
Voyager Reveals Recovery Plan After Bankruptcy Filing

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
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