According to a filing with the U.S. Securities and Exchange Commission (SEC) made on December 30th, 2022, investment juggernaut BlackRock (BLK) pledged $17 million to bankrupt Bitcoin miner Core Scientific (CORZ) as part of a new $75 million loan from the miner’s secured convertible note holders. BlackRock is

The latest blog released by the European Central Bank (ECB) has gained a lot of attention amongst Bitcoiners. Titled “Bitcoin’s last stand,” the blog post contains misleading remarks and statements about Bitcoin on many levels without any supporting evidence or data.  Below are the main points of contention from

According to Brazil’s federal government’s official journal (DOU), President Jair Bolsonaro signed a bill into law on December 22nd that creates a comprehensive regulatory framework for Bitcoin transactions in the country. The bill was passed by Congress in November and was enacted today by President Bolsonaro without any

In order to restructure its debt, Core Scientific (CORZ), one of the largest Bitcoin miners by computing power, filed for bankruptcy on December 21st, 2022. The downturn in markets has had significant impacts on the business, forcing Core Scientific to file for Chapter 11 bankruptcy at the Southern District of

You’ve probably seen a lot of folks on Twitter talking about Nostr recently (including Twitter founder Jack Dorsey). Jack likes Nostr so much, he donated 14 Bitcoin to Nostr open-source development. https://twitter.com/jack/status/1603535971114487816 This article serves as a guide for non-technical people on how to

With its initial launch, Layer 2 Labs hopes to scale and develop drivechains for the Bitcoin Network. Upon its debut, the company was able to successfully raise $3 million in funding. Layer 2 Labs co-founder and CEO Paul Sztorc stated that the company’s mission is to “make everyone in

The Bank for International Settlements’ (BIS) Basel Committee on Banking Supervision recently released a proposed policy that would set a 2% limit on the amount of banks’ Tier 1 capital held in Bitcoin and cryptocurrencies.  The policy has the support of the Basel Committee’s supervisory body, the Group of

The “Digital Asset Anti-Money Laundering Act of 2022” was just introduced by Senators Elizabeth Warren (D-Mass) and Roger Marshall (R-Kan) and would significantly affect the privacy of Bitcoin and cryptocurrency users. https://twitter.com/SenWarren/status/1603033907968049154 If passed, the measure will mandate the implementation of know-your-customer (KYC) systems for