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This past Tuesday, finance giant PayPal announced the release of a long-demanded feature. PayPal users may now transfer Bitcoin and other cryptocurrency funds off the platform and into external wallets. According to a newsroom announcement from PayPal on June 7th, 2022, the platform now supports “the native transfer of cryptocurrencies
3iQ Corporation announced the launch of Coinshares Bitcoin Feeder ETF on the CBOE exchange in Australia through a press release. The ETF will provide retail and institutional investors with exposure to the spot price of Bitcoin through an underlying fund. At 1.20%, Coinshare's Bitcoin Feeder ETF has
Leading Bitcoin bank, Custodia, has sued the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, in order to force a decision on Custodia's application for a master account. Custodia charges that their application has been “unlawfully” detained for 19 months; in contrast, the
News - Bitcoin - Jun 08, 2022Leading Bitcoin bank, Custodia, has sued the Federal Reserve Board of Governors and the Federal Reserve Bank of Kansas City, in order to force a decision on Custodia's application for a master account. Custodia charges that their application has been “unlawfully” detained for 19 months; in contrast, the
News - Bitcoin - Jun 08, 2022This past Tuesday, finance giant PayPal announced the release of a long-demanded feature. PayPal users may now transfer Bitcoin and other cryptocurrency funds off the platform and into external wallets. According to a newsroom announcement from PayPal on June 7th, 2022, the platform now supports “the native transfer of cryptocurrencies
News - Bitcoin - Jun 08, 20223iQ Corporation announced the launch of Coinshares Bitcoin Feeder ETF on the CBOE exchange in Australia through a press release. The ETF will provide retail and institutional investors with exposure to the spot price of Bitcoin through an underlying fund. At 1.20%, Coinshare's Bitcoin Feeder ETF has
News - Bitcoin - Jun 08, 2022Mash, a company focused on providing infrastructure for content creators via Bitcoin Lightning Network, closed a $6 million seed round, which was led by Castle Island Ventures and Whitecap Venture Partners. The funds Mash raised will be used for building and marketing the company and its Bitcoin and Lightning Network
News - Bitcoin - Jun 07, 2022Octagon Networks has converted its liquid assets and entire balance sheet into Bitcoin, making it the first cybersecurity company to hold Bitcoin. Octagon Networks made the announcement on June 5, 2022 with a statement on its blog. The company also announced that it would start accepting Bitcoin payments for all
News - Bitcoin - Jun 07, 2022The bipartisan Bitcoin and digital assets bill has finally been introduced by U.S. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY). The bill is called the Responsible Financial Innovation Act, also known as Lummis-Gillibrand. The bill is intended to encourage “responsible innovation" by integrating digital assets into existing
News - Bitcoin - Jun 07, 2022Bitzero Blockchain Inc. is a 100% renewable energy Bitcoin mining company looking to make North Dakota their central headquarters for its North American operations. The company plans to invest $400-500 million in developing their data center along with expanding their Bitcoin mining operations. Bitzero plans to partner with the MHA
News - Bitcoin - Jun 06, 2022Bitcoin mining has gained a bad reputation for being poorly sustainable in comparison to other industries. However, recent data from the Bitcoin Mining Council's (BMC) data shows that the opposite is true. In fact, Bitcoin mining is the most sustainable industry on the planet. The BMC is a
News - Bitcoin - Jun 04, 2022