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$8 Billion Logistics Firm Holds Bitcoin
$8 Billion Logistics Firm Holds Bitcoin
News  •  Bitcoin  •  Mar 01, 2022 by Daniel Kuhman

Ryan Petersen, CEO of global logistics platform Flexport, posted to Twitter on Monday that the company holds a non-zero amount of Bitcoin on their $1.6B balance sheet. The post was in response to a comment on an earlier thread asking what percentage of the portfolio was “hard money (aka

Bitcoin and Crypto Users Race to Aid Ukraine
Bitcoin and Crypto Users Race to Aid Ukraine
News  •  Politics  •  Mar 01, 2022 by CJ

Amid recent government regulations within Ukraine’s financial sector, cryptocurrency aid is currently the primary source of assistance coming in for the country.   Within a week of Russia's invasion into the Ukraine, the defending country received several million dollars worth of bitcoin and crypto donations through the Come

Controversy Over Polkadot CEO's Wartime Donation Efforts
Controversy Over Polkadot CEO's Wartime Donation Efforts

Founder of Polkadot Gavin Wood tweeted at the official Ukraine Twitter account posted Bitcoin, Ethereum, and USDT addresses that he would donate if Ukraine added a DOT address. Many people across the globe have begun donating Bitcoin and other cryptocurrencies to help fund the Ukrainian military in its efforts to

News  •  Altcoins  •  Mar 01, 2022
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Controversy Over Polkadot CEO's Wartime Donation Efforts
Controversy Over Polkadot CEO's Wartime Donation Efforts

Founder of Polkadot Gavin Wood tweeted at the official Ukraine Twitter account posted Bitcoin, Ethereum, and USDT addresses that he would donate if Ukraine added a DOT address. Many people across the globe have begun donating Bitcoin and other cryptocurrencies to help fund the Ukrainian military in its efforts to

News  •  Altcoins  •  Mar 01, 2022
$8 Billion Logistics Firm Holds Bitcoin
$8 Billion Logistics Firm Holds Bitcoin

Ryan Petersen, CEO of global logistics platform Flexport, posted to Twitter on Monday that the company holds a non-zero amount of Bitcoin on their $1.6B balance sheet. The post was in response to a comment on an earlier thread asking what percentage of the portfolio was “hard money (aka

News  •  Bitcoin  •  Mar 01, 2022
Bitcoin and Crypto Users Race to Aid Ukraine
Bitcoin and Crypto Users Race to Aid Ukraine

Amid recent government regulations within Ukraine’s financial sector, cryptocurrency aid is currently the primary source of assistance coming in for the country.   Within a week of Russia's invasion into the Ukraine, the defending country received several million dollars worth of bitcoin and crypto donations through the Come

News  •  Politics  •  Mar 01, 2022
Samson Mow Leaves Blockstream
Samson Mow Leaves Blockstream

Samson Mow has announced that he is leaving his post as Chief Strategy Officer at Bitcoin infrastructure company blockstream.  Mow joined Blockstream in April 2017 shortly after it had appointed Dr. Adam Back as CEO and raised $55 million Series A funding. The block size debate was reaching its crescendo

News  •  Business  •  Mar 01, 2022
Specs for Intel’s Second Generation ‘Bonanza Mine’ Revealed
Specs for Intel’s Second Generation ‘Bonanza Mine’ Revealed

Information included in a recent SEC filing from Bitcoin mining company GRIID revealed details about Intel’s second generation “Bonanza Mine” Bitcoin miner. The mining system, referred to as BMZ2, apparently provides 135 TH/s at 3510W, with an efficiency of 26 J/THs. The miner is priced at nearly

News  •  Bitcoin  •  Feb 28, 2022
Bitcoin Miners Pledge Their Support For Ukraine
Bitcoin Miners Pledge Their Support For Ukraine

Braiins, the first bitcoin mining pool company, has donated 10 of their own bitcoin as well as 2.5 petahash to support Ukraine in lieu of Russia's invasion into the sovereign state. The company also created a hashrate donation account on Slush Pool so that Bitcoin miners across

News  •  Bitcoin  •  Feb 28, 2022
Bitfarm's New Financing Deal With BlockFi
Bitfarm's New Financing Deal With BlockFi

Global self-mining Bitcoin company Bitfarms (NASDAQ: BITF) announced last week that they had entered into a $32M financing deal with crypto-financial services company BlockFi. Under the terms of the agreement, Bitfarms entered into a two-year, 14.5% interest rate, equipment loan for the purchase of 6,100 Bitmain S19j Pro

News  •  Bitcoin  •  Feb 28, 2022
Millions Worth in Bitcoin Donations Aid Ukraine
Millions Worth in Bitcoin Donations Aid Ukraine

As developments within Ukraine continue to evolve, the Come Back Alive (CBA) foundation claims to be supporting the Ukrainian military by accepting donations on their behalf. Founded in 2014 and based in Kyiv, CBA linked a Patreon account to their contributions page but was recently removed from the platform.  Facing

News  •  Bitcoin  •  Feb 25, 2022
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