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All Deposits at SVB and Signature Bank Will Be Guaranteed by the Federal Government
All Deposits at SVB and Signature Bank Will Be Guaranteed by the Federal Government
News  •  Politics  •  Mar 13, 2023 by Deniz Saat

The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury all declared on Sunday that they will take “decisive actions” to boost public trust in the nation’s banking sector. The FDIC and Federal Reserve came to this decision after recommending that Silicon Valley Bank (SVB)

Nostr Is a Hydra
Nostr Is a Hydra
News  •  Technology  •  Mar 09, 2023 by Walker V

Damus, Nostr’s first iOS client, went live on the App Store on January 31st, 2023. Within two days, Apple had already bent the knee to the Chinese Communist Party and removed it from the App Store in China. Will Casarin, the creator of Damus, received the following notice from

El Salvador Lanches Bitcoin and Lightning Educational Program
El Salvador Lanches Bitcoin and Lightning Educational Program

The “CUBO+” six-month educational program has just been announced by El Salvador’s Bitcoin Office. The program aims to produce Bitcoin and Lightning developers through the Salvadoran university system. According to the Office, a small group (around 25) students chosen from El Salvador’s top university will participate in the

News  •  Bitcoin  •  Mar 15, 2023
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El Salvador Lanches Bitcoin and Lightning Educational Program
El Salvador Lanches Bitcoin and Lightning Educational Program

The “CUBO+” six-month educational program has just been announced by El Salvador’s Bitcoin Office. The program aims to produce Bitcoin and Lightning developers through the Salvadoran university system. According to the Office, a small group (around 25) students chosen from El Salvador’s top university will participate in the

News  •  Bitcoin  •  Mar 15, 2023
All Deposits at SVB and Signature Bank Will Be Guaranteed by the Federal Government
All Deposits at SVB and Signature Bank Will Be Guaranteed by the Federal Government

The Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the U.S. Treasury all declared on Sunday that they will take “decisive actions” to boost public trust in the nation’s banking sector. The FDIC and Federal Reserve came to this decision after recommending that Silicon Valley Bank (SVB)

News  •  Politics  •  Mar 13, 2023
Nostr Is a Hydra
Nostr Is a Hydra

Damus, Nostr’s first iOS client, went live on the App Store on January 31st, 2023. Within two days, Apple had already bent the knee to the Chinese Communist Party and removed it from the App Store in China. Will Casarin, the creator of Damus, received the following notice from

News  •  Technology  •  Mar 09, 2023
Silvergate Bank Announces Liquidation and Wind Down of Operations
Silvergate Bank Announces Liquidation and Wind Down of Operations

The holding company for Silvergate Bank, Silvergate Capital Corporation, has announced the voluntary liquidation of the bank and the immediate winding down of the firm’s operations. The press release states that Silvergate believes the wisest course of action is a voluntary liquidation of the Bank and an orderly winding

News  •  Technology  •  Mar 08, 2023
Financial Services Company Block Announces Bitcoin Mining Development Kit
Financial Services Company Block Announces Bitcoin Mining Development Kit

The Mining Development Kit is a new project that provides developers access to Bitcoin mining projects targeted at integrating Bitcoin mining into various novel use cases, according to a new blog post from Jack Dorsey’s Block. The blog explains how the company has begun creating its own application-specific integrated

News  •  Bitcoin  •  Mar 07, 2023
FTX Debtors Sue Grayscale Investments and Executives
FTX Debtors Sue Grayscale Investments and Executives

Grayscale Investments, LLC, CEO Michael Sonnenshein, Digital Currency Group, and Barry Silbert are being sued by Alameda Research Ltd., the hedge fund run by disgraced former billionaire Sam Bankman-Fried. A press release covering the lawsuit stated: FTX Debtors are seeking injunctive relief to unlock $9 billion or more in value

News  •  Bitcoin  •  Mar 07, 2023
Terawulf Launches Nuclear-powered Bitcoin Mining Operation
Terawulf Launches Nuclear-powered Bitcoin Mining Operation

According to Terawulf, around half of the nuclear-powered Nautilus Cryptomine is now operational. The 2.5 GW Susquehanna nuclear generation station in Pennsylvania provides all of the energy for the mining facility, which is a joint venture with Cumulus Coin, LLC. The total operation will be 50 MW and 1.

News  •  Bitcoin  •  Mar 07, 2023
Xapo Bank Enables Lightning Bitcoin Payments With Lightspark Partnership
Xapo Bank Enables Lightning Bitcoin Payments With Lightspark Partnership

Private bank Xapo Bank, which holds a license from Gibraltar, has teamed up with Lightspark, the company founded by former Facebook cryptocurrency lead David Marcus, to integrate the Lightning Network for its clients to make almost instantaneous Bitcoin payments. Xapo Bank customers can now make small purchases up to $100

News  •  Bitcoin  •  Mar 02, 2023
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