On January 24th, 2023 El Salvador’s president, Nayib Bukele, announced that the country was able to pay off an $800 million bond despite numerous media outlets claiming that it would not be able to make payments because of its “Bitcoin bet.”
The payment, which followed a prior transaction, included
To expand its institutional Bitcoin mining colocation services, leading Bitcoin infrastructure company Blockstream has announced that it raised $125 million in convertible note and secured loan financing.
The convertible note was led by Kingsway Capital, Fulgur Ventures, and other investors. The sole financial advisor to Blockstream is Cohen & Company
Arizona state senator Wendy Rogers (R) has introduced a set of bills that will make Bitcoin legal tender in the state and permit state agencies to accept it.
By becoming a recognized legal tender in Arizona, Bitcoin will be able to be used for settling debts, taxes, and other financial
Arizona state senator Wendy Rogers (R) has introduced a set of bills that will make Bitcoin legal tender in the state and permit state agencies to accept it.
By becoming a recognized legal tender in Arizona, Bitcoin will be able to be used for settling debts, taxes, and other financial
On January 24th, 2023 El Salvador’s president, Nayib Bukele, announced that the country was able to pay off an $800 million bond despite numerous media outlets claiming that it would not be able to make payments because of its “Bitcoin bet.”
The payment, which followed a prior transaction, included
To expand its institutional Bitcoin mining colocation services, leading Bitcoin infrastructure company Blockstream has announced that it raised $125 million in convertible note and secured loan financing.
The convertible note was led by Kingsway Capital, Fulgur Ventures, and other investors. The sole financial advisor to Blockstream is Cohen & Company
European Union legislators have voted in favor of imposing rigorous capital requirements on banks that hold Bitcoin and cryptocurrencies.
Economic spokesperson for the EU parliament’s European People’s Party Markus Ferber states that “banks will be required to hold a euro of their own capital for every euro they
Andrew Barnard and Doug Carrillo, the co-founders of Bitstop, have acquired Genesis Coin Inc., the first and largest Bitcoin ATM software platform in the world.
Over 35% of all Bitcoin ATM transactions worldwide use Genesis Coin’s technology. Through Bitstop, Barnard and Carrillo created one of the first platforms for
Genesis Global Capital and Genesis Asia Pacific, two of Genesis’ lending companies, have both filed for Chapter 11 bankruptcy.
According to their announcement, the firm intends to implement a global resolution in order to maximize value for all clients and stakeholders while strengthening its business for the future.
Genesis Global
Mississippi and Missouri state legislators have submitted bills that aim to formally safeguard the rights of citizens to mine Bitcoin and operate Bitcoin nodes.
Senator Josh Harkins (R) and Representative Jody Steverson (R) are leading the campaign in Mississippi while Phil Christofanelli (R) filed the relevant bill in Missouri. The
The Bitzlato cryptocurrency exchange has been shut down, and the FBI has arrested the exchange’s owner, Anatoly Legkodymov, according to a statement from the U.S. Department of Justice (DOJ).
Representatives from the law enforcement agency disclosed via a live video on January 18th, 2023 that the Hong Kong-based
