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Bakkt, the Bitcoin derivatives brainchild of the Intercontinental Exchange (ICE), reported a new all-time high for its Bitcoin futures offering yesterday, with an equivalent of $200 million swapping hands. With 15,955 futures contracts traded in a single day, Bakkt marks a 36% advance on its previous record of 12,
Business intelligence firm MicroStrategy has all but doubled down on its initial $250 million bitcoin bet by loading up on a further 16,796 BTC, worth around $180 million at press time. Relaying the news, MicroStrategy's CEO Micheal Saylor explained, in no uncertain terms, the addition of thousands
As of the morning of September 16th, cryptocurrency exchange Kraken has the approval to become "America's first crypto bank." Kraken's Chief Legal officer Marco Santori broke the news in a Twitter thread, outlining what this means for the long-time Bitcoin startup. Kraken is launching
News • Bitcoin • Sep 15, 2020
As of the morning of September 16th, cryptocurrency exchange Kraken has the approval to become "America's first crypto bank." Kraken's Chief Legal officer Marco Santori broke the news in a Twitter thread, outlining what this means for the long-time Bitcoin startup. Kraken is launching
News • Bitcoin • Sep 15, 2020
Bakkt, the Bitcoin derivatives brainchild of the Intercontinental Exchange (ICE), reported a new all-time high for its Bitcoin futures offering yesterday, with an equivalent of $200 million swapping hands. With 15,955 futures contracts traded in a single day, Bakkt marks a 36% advance on its previous record of 12,
News • Bitcoin • Sep 15, 2020
Business intelligence firm MicroStrategy has all but doubled down on its initial $250 million bitcoin bet by loading up on a further 16,796 BTC, worth around $180 million at press time. Relaying the news, MicroStrategy's CEO Micheal Saylor explained, in no uncertain terms, the addition of thousands
News • Bitcoin • Sep 14, 2020
On September 11th, MicroStrategy notified the SEC that it had adopted a new Treasury Reserve Policy. In Item 8.01 of the filing, the company noted that its bitcoin holdings “may increase beyond the $250 million investment that the Company disclosed on August 11, 2020.” The notification comes after the
News • Bitcoin • Sep 13, 2020
Bitcoin Core has taken a significant step forward in implementing Schnorr signatures by merging BIP340 support into the libsecp256k1 library. The update introduces an experimental module named “schnorrsig” that implements the signing and verification of Schnorr signatures as well as test vectors and a benchmarking tool. Although this does not
News • Bitcoin • Sep 10, 2020
Bitcoin infrastructure company Blockstream announced that it has joined the Crypto Open Patent Alliance (COPA), a day after the non-profit organization was launched by Square. According to its official website, COPA seeks to prevent “patent lockups” of cryptocurrency technologies, which may hinder smaller companies from leveraging technological developments, stifling growth
News • Bitcoin • Sep 10, 2020
It goes without saying that the concept of decentralized money and the U.S. Internal Revenue Service (IRS) are at odds. Hence, the U.S. tax agency has recently increased its efforts to crack down on tax crime enabled by Bitcoin and related technologies. In an August New York Times
News • Bitcoin • Sep 10, 2020
A smart contract was recently deployed on the Bitcoin network to place a $10,000 bet on the outcome of the upcoming US presidential election, marking the first such instance of its kind. On September 8th, Nicolas Dorier, the founder of open-source Bitcoin payment processor BTCPay Server, said he used
News • Bitcoin • Sep 10, 2020