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CoinFLEX CEO Claims Roger Ver Owes Millions to Derivatives Exchange
CoinFLEX CEO Claims Roger Ver Owes Millions to Derivatives Exchange
News  •  Bitcoin  •  Jun 28, 2022 by Deniz Saat

On June 27th, 2022 a Twitter account by the name of @FatManTerra revealed that an insider within CoinFLEX was allowed to borrow $47 million of uncollateralized USDC as a loan. CoinFLEX stated on June 23rd that their platform would be halting all withdrawals due to the current market volatility. Almost

Swiss Mining Company Opens Operations in Texas
Swiss Mining Company Opens Operations in Texas
News  •  Bitcoin  •  Jun 28, 2022 by Marek F.

White Rock Management, a Swiss mining company has announced that they will deploy its first Bitcoin mining operation in the U.S. The facility will be located north of Houston at Brazos Valley and will be powered through by-product natural gas from active oil wells. Serhiy Tron, Founder of White

Luxury Watchmaker Breitling Accepts Bitcoin for Purchases
Luxury Watchmaker Breitling Accepts Bitcoin for Purchases

One of the world’s oldest luxury watch brands has decided to join the bandwagon of recent luxury watchmakers to accept Bitcoin.  Breitling has partnered with BitPay as their Bitcoin and cryptocurrency payment service provider. This allows customers the option to pay with Bitcoin or other cryptocurrencies at checkout.  The

News  •  Bitcoin  •  Jun 29, 2022
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Luxury Watchmaker Breitling Accepts Bitcoin for Purchases
Luxury Watchmaker Breitling Accepts Bitcoin for Purchases

One of the world’s oldest luxury watch brands has decided to join the bandwagon of recent luxury watchmakers to accept Bitcoin.  Breitling has partnered with BitPay as their Bitcoin and cryptocurrency payment service provider. This allows customers the option to pay with Bitcoin or other cryptocurrencies at checkout.  The

News  •  Bitcoin  •  Jun 29, 2022
CoinFLEX CEO Claims Roger Ver Owes Millions to Derivatives Exchange
CoinFLEX CEO Claims Roger Ver Owes Millions to Derivatives Exchange

On June 27th, 2022 a Twitter account by the name of @FatManTerra revealed that an insider within CoinFLEX was allowed to borrow $47 million of uncollateralized USDC as a loan. CoinFLEX stated on June 23rd that their platform would be halting all withdrawals due to the current market volatility. Almost

News  •  Bitcoin  •  Jun 28, 2022
Swiss Mining Company Opens Operations in Texas
Swiss Mining Company Opens Operations in Texas

White Rock Management, a Swiss mining company has announced that they will deploy its first Bitcoin mining operation in the U.S. The facility will be located north of Houston at Brazos Valley and will be powered through by-product natural gas from active oil wells. Serhiy Tron, Founder of White

News  •  Bitcoin  •  Jun 28, 2022
Hedge Funds are Shorting Tether After Terra Implosion
Hedge Funds are Shorting Tether After Terra Implosion

The Wall Street Journal released a report on Monday (June 27th, 2022) stating that hedge funds are ramping up efforts to short Tether (USDT), the stablecoin pegged to the U.S. dollar. Subsequently, Tether Chief Technology Officer (CTO), Paolo Ardoino, voiced his thoughts on Twitter in a 12-part thread. He

News  •  Business  •  Jun 28, 2022
Grayscale Prepares for Spot Bitcoin ETF Ahead of SEC Approval
Grayscale Prepares for Spot Bitcoin ETF Ahead of SEC Approval

Grayscale Investments said Monday (June 27th, 2022) that it is gearing up to work with heavyweight market makers Jane Street and Virtu Financial if the SEC approves their Grayscale Bitcoin Trust (GBTC) to be converted into a spot ETF. GBTC is currently trading at nearly a 30% discount to net

News  •  Bitcoin  •  Jun 28, 2022
Three Arrows Capital Is Facing Insolvency
Three Arrows Capital Is Facing Insolvency

Three Arrows Capital (3AC) is a cryptocurrency hedge fund that was run by Zhu Su and Kyle Davies from their Singapore and Dubai offices.  The company bought Bitcoin on leverage using funds from DAOs and CeFi firms that include Voyager and BlockFi. At its peak the fund was worth around

News  •  Business  •  Jun 27, 2022
U.S. Senators Ask White House to Ban Carbon-based Proof-of-Work Mining
U.S. Senators Ask White House to Ban Carbon-based Proof-of-Work Mining

Five US Senators have penned a letter to the White House Office of Science and Technology Policy (OSTP), asking for greater restrictions on Bitcoin and cryptocurrency mining. The letter, addressed to the White House OSTP, was signed by Sheldon Whitehouse, Elizabeth Warren, Tina Smith, Jeff Merkley, and Ed Markey. Within

News  •  Bitcoin  •  Jun 24, 2022
Bitcoin Classes Are Now Being Offered at the University of Cincinnati
Bitcoin Classes Are Now Being Offered at the University of Cincinnati

The University of Cincinnati in Ohio is working on creating two separate courses for students interested in Bitcoin, cryptocurrency, and emerging financial technologies. The university revealed that these courses are being funded by Dan Kautz and Woody Uible, two long-time proponents of Bitcoin and cryptocurrency. Additionally, the funds will also

News  •  Bitcoin  •  Jun 24, 2022
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