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Octagon Networks has converted its liquid assets and entire balance sheet into Bitcoin, making it the first cybersecurity company to hold Bitcoin. Octagon Networks made the announcement on June 5, 2022 with a statement on its blog. The company also announced that it would start accepting Bitcoin payments for all
The bipartisan Bitcoin and digital assets bill has finally been introduced by U.S. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY). The bill is called the Responsible Financial Innovation Act, also known as Lummis-Gillibrand. The bill is intended to encourage “responsible innovation" by integrating digital assets into existing
Mash, a company focused on providing infrastructure for content creators via Bitcoin Lightning Network, closed a $6 million seed round, which was led by Castle Island Ventures and Whitecap Venture Partners. The funds Mash raised will be used for building and marketing the company and its Bitcoin and Lightning Network
News • Bitcoin • Jun 07, 2022Mash, a company focused on providing infrastructure for content creators via Bitcoin Lightning Network, closed a $6 million seed round, which was led by Castle Island Ventures and Whitecap Venture Partners. The funds Mash raised will be used for building and marketing the company and its Bitcoin and Lightning Network
News • Bitcoin • Jun 07, 2022Octagon Networks has converted its liquid assets and entire balance sheet into Bitcoin, making it the first cybersecurity company to hold Bitcoin. Octagon Networks made the announcement on June 5, 2022 with a statement on its blog. The company also announced that it would start accepting Bitcoin payments for all
News • Bitcoin • Jun 07, 2022The bipartisan Bitcoin and digital assets bill has finally been introduced by U.S. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY). The bill is called the Responsible Financial Innovation Act, also known as Lummis-Gillibrand. The bill is intended to encourage “responsible innovation" by integrating digital assets into existing
News • Bitcoin • Jun 07, 2022Bitzero Blockchain Inc. is a 100% renewable energy Bitcoin mining company looking to make North Dakota their central headquarters for its North American operations. The company plans to invest $400-500 million in developing their data center along with expanding their Bitcoin mining operations. Bitzero plans to partner with the MHA
News • Bitcoin • Jun 06, 2022Bitcoin mining has gained a bad reputation for being poorly sustainable in comparison to other industries. However, recent data from the Bitcoin Mining Council's (BMC) data shows that the opposite is true. In fact, Bitcoin mining is the most sustainable industry on the planet. The BMC is a
News • Bitcoin • Jun 04, 2022Oman’s sovereign wealth fund took an equity stake in Crusoe Energy Inc. who helps fossil-fuel producers use stranded natural gas to power Bitcoin mining. Rather than burn excess natural gas from oil extraction, the gas is converted into electricity through power generators and then used by Bitcoin mining machines.
News • Bitcoin • Jun 04, 2022New York’s State Senate voted to pass bill S6486D which will invoke a two-year moratorium on Bitcoin and cryptocurrency mining operations that use the Proof-of-Work mechanism to validate transactions. The State Senate voted 36-27 in favor of passing the bill into law. The bill will now be sent to
News • Bitcoin • Jun 03, 2022KenGen, an energy production company in Kenya, has announced that it will be offering its surplus geothermal power to European and American Bitcoin mining companies. The energy production company primarily operates on renewable energy. KenGen has reported that various Bitcoin mining companies have reached out, looking to purchase energy from
News • Bitcoin • Jun 03, 2022