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Bitfarms Expands Bitcoin Mining Operations in Paraguay
Bitfarms Expands Bitcoin Mining Operations in Paraguay
News  -  Bitcoin  -  Jul 19, 2023 by Deniz Saat

Bitfarms (BITF), a Bitcoin mining company, has successfully secured two power purchase agreements in Paraguay, allowing it to add up to 150 megawatts (MW) of hydropower capacity.  The firm announced on Wednesday that one agreement, for up to 50 MW, is located in Villarrica, near Bitfarms' existing operations. The

Robert F. Kennedy Jr. Reveals Plan to Back Dollar Using Bitcoin
Robert F. Kennedy Jr. Reveals Plan to Back Dollar Using Bitcoin
News  -  Bitcoin  -  Jul 19, 2023 by Deniz Saat

At an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate, Robert F. Kennedy Jr., shared his Bitcoin-oriented policies that he would implement as president, including a plan to gradually back the U.S. dollar with Bitcoin and remove capital gains taxes from Bitcoin earnings. Kennedy's proposal includes

Federal Reserve Unveils New Instant Payments System FedNow
Federal Reserve Unveils New Instant Payments System FedNow

On Thursday morning, the Federal Reserve announced the official launch of its real-time payment system, FedNow® Service. This service is designed to enable banks and credit unions of all sizes to conduct instant fund transfers for their customers, with round-the-clock availability, throughout the year. In its initial phase, the service

News  -  Politics  -  Jul 20, 2023
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Federal Reserve Unveils New Instant Payments System FedNow
Federal Reserve Unveils New Instant Payments System FedNow

On Thursday morning, the Federal Reserve announced the official launch of its real-time payment system, FedNow® Service. This service is designed to enable banks and credit unions of all sizes to conduct instant fund transfers for their customers, with round-the-clock availability, throughout the year. In its initial phase, the service

News  -  Politics  -  Jul 20, 2023
Bitfarms Expands Bitcoin Mining Operations in Paraguay
Bitfarms Expands Bitcoin Mining Operations in Paraguay

Bitfarms (BITF), a Bitcoin mining company, has successfully secured two power purchase agreements in Paraguay, allowing it to add up to 150 megawatts (MW) of hydropower capacity.  The firm announced on Wednesday that one agreement, for up to 50 MW, is located in Villarrica, near Bitfarms' existing operations. The

News  -  Bitcoin  -  Jul 19, 2023
Robert F. Kennedy Jr. Reveals Plan to Back Dollar Using Bitcoin
Robert F. Kennedy Jr. Reveals Plan to Back Dollar Using Bitcoin

At an event organized by the Heal-the-Divide PAC, Democratic Presidential Candidate, Robert F. Kennedy Jr., shared his Bitcoin-oriented policies that he would implement as president, including a plan to gradually back the U.S. dollar with Bitcoin and remove capital gains taxes from Bitcoin earnings. Kennedy's proposal includes

News  -  Bitcoin  -  Jul 19, 2023
Nevada Court Orders Prime Trust in Receivership
Nevada Court Orders Prime Trust in Receivership

The Eighth Judicial District Court of Nevada has accepted a petition from the Nevada Financial Institutions Division (NFID) to put cryptocurrency custodian, Prime Trust, into receivership, pending a hearing.  https://twitter.com/NevadaDBI/status/1681382351325253632 A July 14th court document from Nevada showed that a receiver for Prime Trust was

News  -  Business  -  Jul 18, 2023
Binance Integrates Lightning Network for Bitcoin Transfers
Binance Integrates Lightning Network for Bitcoin Transfers

Binance, one of the largest Bitcoin and cryptocurrency exchanges in the world, has recently integrated the Lightning Network for faster and more streamlined Bitcoin transactions.  As of today, the platform allows its users to deposit and withdraw Bitcoin via the Lightning Network. https://twitter.com/binance/status/1680777249090576385 Through the

News  -  Bitcoin  -  Jul 17, 2023
Europe Is Poised to Launch Its First Spot Bitcoin ETF
Europe Is Poised to Launch Its First Spot Bitcoin ETF

The much-anticipated launch of the first European spot Bitcoin ETF has been delayed significantly, but may potentially be approved in the near future.  Meanwhile, the United States is also displaying an increase in interest for a similar financial product, initiated by BlackRock's submission for an American spot Bitcoin

News  -  Bitcoin  -  Jul 14, 2023
Crypto Lender Celsius’ Founder Detained and Accused of Fraud
Crypto Lender Celsius’ Founder Detained and Accused of Fraud

Alex Mashinsky, founder and ex-CEO of the now-bankrupt crypto lender, Celsius Network, was taken into custody and charged with fraud, as announced by a U.S. prosecutor in New York on July 13th. Additionally, three federal regulatory agencies launched lawsuits against both Mashinsky and his former company. Mashinsky is facing

News  -  Business  -  Jul 13, 2023
Payment Operator Pouch.ph Debuts Instant Transfers From Philippines to U.S. Banks
Payment Operator Pouch.ph Debuts Instant Transfers From Philippines to U.S. Banks

Pouch has introduced a new feature called "Send Globally" in its app, simplifying transfers from the Philippines to U.S. banks. The feature permits users, including expatriates in the Philippines, to transfer Philippine pesos to U.S. bank accounts, which are converted into U.S. dollars.  Pouch'

News  -  Jul 12, 2023
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