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Bitfarms Highlights for April 2022: * Paraguay’s production is at 6MW * Working on building several additional farms * Achieved milestone of surpassing 3.0 EH/s hash rate * Bitfarms accounts for a 1.3% share of global hash rate market Bitfarms recently released its April mining report with a review of
The Luna Foundation Guard has acquired an additional 37,683 Bitcoin totaling $1.5 Billion to bolster the reserves of its most popular stable coin U.S. Terra. Do Kwon, co-founder and CEO of Terraform Labs, said that the foundation is expected to complete its goal of purchasing $10 Billion
Argentinean senators cut a $45 billion bailout deal with the International Monetary Fund (IMF) on Thursday to help the country avoid defaulting on its debts, with an unusual clause attached. The deal was approved in a 56 to 13 vote that includes a brutal provision that forces the government of
News • Bitcoin • May 06, 2022
Argentinean senators cut a $45 billion bailout deal with the International Monetary Fund (IMF) on Thursday to help the country avoid defaulting on its debts, with an unusual clause attached. The deal was approved in a 56 to 13 vote that includes a brutal provision that forces the government of
News • Bitcoin • May 06, 2022
Bitfarms Highlights for April 2022: * Paraguay’s production is at 6MW * Working on building several additional farms * Achieved milestone of surpassing 3.0 EH/s hash rate * Bitfarms accounts for a 1.3% share of global hash rate market Bitfarms recently released its April mining report with a review of
News • Bitcoin • May 06, 2022
The Luna Foundation Guard has acquired an additional 37,683 Bitcoin totaling $1.5 Billion to bolster the reserves of its most popular stable coin U.S. Terra. Do Kwon, co-founder and CEO of Terraform Labs, said that the foundation is expected to complete its goal of purchasing $10 Billion
News • Bitcoin • May 06, 2022
Craig Wright filed a lawsuit against Coinbase and Kraken on May 3rd, 2022. The lawsuit claims that the two cryptocurrency exchanges are selling fake Bitcoin and the asset that they claim to be the real Bitcoin does not align with what is stated in the whitepaper. The claim is currently
News • Bitcoin • May 05, 2022
On April 27th, 2022 it was confirmed that the Central African Republic (C.A.R.) declared Bitcoin legal tender. Along with the CFA franc, Bitcoin is now allowed to be used for various payments, services, and even taxes within the country. One week after the country’s announcement as the
News • Bitcoin • May 05, 2022
Banco Galicia, Argentina’s largest private bank, and digital assets bank Brubank SAU will both provide Bitcoin and cryptocurrency trading services for their clients. Along with Bitcoin, the banks will also provide services for Ethereum and USDC on May 9th, 2022. Around 60% of Banco Galicia’s customers are in
News • Bitcoin • May 04, 2022
The adoption of Bitcoin continues to increase with the announcement of a new type of loan from Goldman Sachs Group. The company released information on a new Bitcoin-backed loan on May 3rd, 2022 in collaboration with Coinbase. The collaboration between Goldman Sachs Group Inc. and Coinbase Global Inc. is focusing
News • Bitcoin • May 04, 2022
A recent press release revealed that the Securities and Exchange Commission's (SEC) Cyber Unit, renamed the Crypto Assets and Cyber Unit, has nearly doubled in size to meet expanding demands for investor protections of digital assets and cyber threats. The unit now consists of 50 dedicated positions. According
News • Bitcoin • May 03, 2022