The Honduran resort town of Santa Lucia now has a local Bitcoin hub. According to local news outlet Diario La Prensa, the private initiative known as Bitcoin Valley intends to develop a circular Bitcoin economy and boost the number of tourists visiting the area. Owner of tourist related businesses in

Babel Finance, a crypto financial services firm, recently reported a whopping $280 million liquidation loss, which includes losing 8,000 BTC and a significant quantity of another token, according to a report from The Block.  Once again, a reminder that users can never be fully assured that their Bitcoin is

Singapore-based cryptocurrency exchange Zipmex is the newest casualty from the major decline in Bitcoin and cryptocurrency prices. The exchange said that it had filed for bankruptcy protection in Singapore but the platform services a number of other countries like Thailand, Indonesia, and Australia as well. Zipmex claimed it was attempting

According to a report from the regional newspaper Folha de S. Paulo, Santander Brazil, the third-largest private bank in the nation, is preparing to introduce Bitcoin and cryptocurrency services for their customers.  CEO Mario Leao stated during his interview:  We expect to have definitions about it in the next few

Digital asset mining and staking firm Foundry has launched an initiative to train Bitcoin mining technicians. The program, known as Foundry Academy, completed its first training session back in May. The next session, set to begin on September 12, 2022, is already open for registration.   Executive Director Craig Ross states:

Three U.S. senators wrote an open letter to the CEO of Fidelity Investments to express their disapproval of the firm's recent introduction of a Bitcoin 401(k) retirement plan. Senators Elizabeth Warren, Tina Smith, and Richard Durbin said it was “immensely troubling” that Fidelity offered exposure to

Foundry Digital LLC announced on July 28th, 2022 the launch of Foundry Logistics, a new division that advances the company's goal of establishing high standards for dependability, efficiency, and transparency in the Bitcoin and cryptocurrency mining sector. The company specializes in mining Bitcoin and other cryptocurrencies while being

Core Scientific Inc. (NASDAQ: CORZ), which holds the third largest Bitcoin stack by a publicly traded company after MicroStrategy and Tesla, has announced that they are expanding their mining operation by 75 megawatts (MW). The company expects $50 million in increased revenue from the addition of new ASICs to its