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Belarusian president Alexander Lukashenko has called on the country's workers to mine cryptocurrencies rather than "pick strawberries" on farms abroad. Speaking at the opening of the Petrikovsky mining and processing plant on August 27th, Lukashenko advocated for the more efficient use of energy, of which he
CoinDesk, the media outlet owned by Digital Currency Group, recently filed a Freedom of Information Law (FOIL) request with the State of New York, asking for documents regarding the composition of Tether's reserves. On Tuesday, an attorney for Tether and Bitfinex petitioned to block that release, claiming that
Twitter appears to be testing a new feature in beta that has bitcoiners excited. A screenshot picturing what looks like a Twitter beta interface emerged on social media on Wednesday, showing instructions on how to use the Lightning Network to receive tips; a report by MacRumors mentions that "code
News • Business • Aug 31, 2021Twitter appears to be testing a new feature in beta that has bitcoiners excited. A screenshot picturing what looks like a Twitter beta interface emerged on social media on Wednesday, showing instructions on how to use the Lightning Network to receive tips; a report by MacRumors mentions that "code
News • Business • Aug 31, 2021Belarusian president Alexander Lukashenko has called on the country's workers to mine cryptocurrencies rather than "pick strawberries" on farms abroad. Speaking at the opening of the Petrikovsky mining and processing plant on August 27th, Lukashenko advocated for the more efficient use of energy, of which he
News • Politics • Aug 31, 2021CoinDesk, the media outlet owned by Digital Currency Group, recently filed a Freedom of Information Law (FOIL) request with the State of New York, asking for documents regarding the composition of Tether's reserves. On Tuesday, an attorney for Tether and Bitfinex petitioned to block that release, claiming that
News • Markets • Aug 31, 2021Cuba is set to recognize and regulate Bitcoin and other cryptocurrencies as means of payment. This is detailed in a ministry of justice resolution published on Thursday. The resolution is signed by the central bank's minister president Marta Sabina Wilson González. The document, which was published in the
News • Economy • Aug 26, 2021Observers on Twitter have pointed out that the @Bitcoin handle may have changed hands — and not everybody's happy with that. Twitter is one of the main assembly points for bitcoiners online, and the Bitcoin account has had its fair share of attention over time. While the account owner
News • Business • Aug 26, 2021Bitcoin's hash rate is on a steady upward trajectory as miners switch their machines back on — outside of China. Since its June low around the 84 exahashes per second (EH/s) mark, the hash rate has grown around 50%. China’s crackdown on bitcoin mining has contributed to
News • Bitcoin • Aug 23, 2021Bitcoin infrastructure firm Blockstream has raised $210 million as part of its Series B round, which values the company at $3.2 billion. Among the investors are investment firm Baillie Gifford and iFinex, parent company of cryptocurrency exchange Bitfinex. Blockstream further revealed that it had acquired Israel-based bitcoin mining hardware
News • Business • Aug 23, 2021