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Financial Services Company Block Announces Bitcoin Mining Development Kit
Financial Services Company Block Announces Bitcoin Mining Development Kit
News  •  Bitcoin  •  Mar 07, 2023 by Deniz Saat

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

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

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

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
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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
Bitcoin Education Program in El Salvador Will Launch New Curriculum
Bitcoin Education Program in El Salvador Will Launch New Curriculum

A new and improved English diploma curriculum has been introduced by El Salvador-based Bitcoin education program Mi Primer Bitcoin. Head of curriculum for Mi Primer Bitcoin Dalia Platt explains that the “aim is to change the way people learn about Bitcoin. The goal is to make the course interactive, fun,

News  •  Bitcoin  •  Feb 28, 2023
Trezor Shortens Supply Cycle by Producing Their Own Chips for Hardware Wallets
Trezor Shortens Supply Cycle by Producing Their Own Chips for Hardware Wallets

Prague-based Bitcoin hardware company Trezor has announced that it has acquired control of its silicon chip supply chain. The company now manufactures its own chip wrapper, a crucial component for its flagship product, the Trezor Model T. The new chip wrapper reduces lead times for mass production while enhancing device

News  •  Bitcoin  •  Feb 27, 2023
BlueWallet Will No Longer Support Custodial Lightning Wallet Services
BlueWallet Will No Longer Support Custodial Lightning Wallet Services

BlueWallet, a Bitcoin wallet available for both iOS and Android devices, has announced that their custodial Lightning wallet services will be discontinued by April 30th, 2023. The company noted in a blog post that Lndhub.io, the Lightning node where BlueWallet offers Lightning wallets for its users, is sunsetting. Users

News  •  Bitcoin  •  Feb 23, 2023
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