Motiv is a nonprofit organization that uses Bitcoin to aid systematically oppressed communities in achieving financial security. The company reported that it has started a number of programs in Peru, where it has already developed 16 circular economies using Bitcoin.  Motiv implements the concept of providing training and programs to

CleanSpark, a North American Bitcoin mining company that focuses on the sustainability of mining, has acquired an active mining facility from Waha Technologies. Currently the acquisition adds more than 36 MW to the mining capacity of CleanSpark, however, it is scalable up to 86 MW. In other words, CleanSpark has

Vespene Energy - a company that uses landfill methane to fuel Bitcoin mining raised $4.3million to launch carbon-negative Bitcoin mining according to Bitcoin Magazine. Vespene uses micro-turbines at municipal landfills to repurpose methane gas into electricity to power Bitcoin mining at zero cost to municipalities. Vespene is sticking to

Austin-based LVL allows users to spend their Bitcoin and cryptocurrencies without paying fees. At the end of July, LVL first announced to their customers that the platform will be shutting down current operations due to insufficient funding. Investors had previously promised funding, but withdrew their term sheets. The broader Bitcoin,

On Monday, the Office of Assets Control (OFAC) added cryptocurrency-mixing service, Tornado Cash, to its Specially Designated Nationals (SDN) list, effectively banning all Americans from using it. Any American citizen who interacts with the protocol and any of its Ethereum wallet addresses may face criminal penalties.  This move came after

The United Arab Emirates (UAE) continues down the path of doing its best to become a Bitcoin haven. The largest discount store in the country has announced that they will accept Bitcoin as payment in both its online and physical stores. The Khaleej Times hailed the move as a “next

Volatility within the markets is still causing strain among cryptocurrency lenders and borrowing platforms like Hodlnaut. The Singapore-based company recently announced that all withdrawals, swaps, and deposits are currently suspended until further notice. Hodlnaut was founded in 2019 and claims to have over $250 million in assets under management along

Hackers exposed yet another weakness in the DeFi space as they drained almost $200 million in cryptocurrency from a token bridge called Nomad. Nomad commented on the exploit in a Tweet late Monday and said that they are aware of the incident and are currently investigating. Nomad has also not