News
News
For $43.6 million, CleanSpark Inc. has acquired 20,000 brand-new Antminer S19j Pro+ units and will pay $32.3 million after coupons. Once deployed, the new set of miners will increase the company’s mining capacity by 37%, or 2.44 exahashes per second (EH/s). With 15,000
The state of Wyoming has approved legislation that protects its residents from being required to disclose their private keys. It now just needs the Governor’s signature to become law after being passed by the state Senate and House of Representatives. The bill reads: No person shall be compelled to
Through the Bitcoin Development Fund, the Human Rights Foundation (HRF) has given 20 BTC (around $475,000) to 10 international projects. With a focus on Africa and Southeast Asia, the funding will assist initiatives including censorship-resistant communication, Bitcoin education in authoritarian regimes, core development, and building local communities. $100,000
News • Bitcoin • Feb 21, 2023Through the Bitcoin Development Fund, the Human Rights Foundation (HRF) has given 20 BTC (around $475,000) to 10 international projects. With a focus on Africa and Southeast Asia, the funding will assist initiatives including censorship-resistant communication, Bitcoin education in authoritarian regimes, core development, and building local communities. $100,000
News • Bitcoin • Feb 21, 2023The state of Wyoming has approved legislation that protects its residents from being required to disclose their private keys. It now just needs the Governor’s signature to become law after being passed by the state Senate and House of Representatives. The bill reads: No person shall be compelled to
News • Bitcoin • Feb 16, 2023The top financial regulator in New York is currently investigating stablecoin issuer Paxos while competitor Circle was the one to raise the alarm. In autumn of 2022, Circle alerted the New York Department of Financial Services, or NYDFS, that Binance's reserves were insufficient to support its tokens, potentially
News • Politics • Feb 13, 2023Tether, the most popular stablecoin in the world, is backed by billions of dollars in Treasury Bills that are managed on Wall Street. According to those familiar with the situation, Cantor Fitzgerald is assisting Tether, in managing its $39 billion bond portfolio. The securities are part of the $69 billion
News • Technology • Feb 11, 2023After operating for more than ten years, the Finland-based peer-to-peer (P2P) Bitcoin platform LocalBitcoins, is shutting down operations. On February 9th, LocalBitcoins announced that the company was ceasing operations due to challenging market conditions. LocalBitcoins CEO Nikolaus Kangas stated that “regardless of our efforts to overcome challenges and turn our
News • Bitcoin • Feb 09, 2023According to a UK court, Craig Wright cannot assert any copyright claims regarding Bitcoin’s code. Wright was unable to provide evidence of what is known as “fixation,” in order to support his claim that the formatting of Bitcoin blocks is his intellectual property. Fixation describes the capacity to present
News • Bitcoin • Feb 08, 2023Bitcoin miner Hut 8 and US Bitcoin Corp. have agreed to merge. Under the newly formed Hut 8 Corp., both companies are now wholly owned subsidiaries. The press release states that “the transaction is expected to establish [Hut 8 Corp.] as a large-scale, publicly traded Bitcoin miner focused on economical
News • Bitcoin • Feb 07, 2023