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Singapore’s Central Bank to Release Bitcoin and Crypto Regulations
Singapore’s Central Bank to Release Bitcoin and Crypto Regulations
News  •  Bitcoin  •  Jul 21, 2022 by Hodl D

Singapore has been long known for its forward thinking finance practices and has created an environment in which many crypto funds and companies have chosen to operate in. The Monetary Authority of Singapore (MAS) will release new regulation next month in an attempt to prevent future egregiously irresponsible crypto dealings

Tesla Sold Vast Majority of Bitcoin Holdings
Tesla Sold Vast Majority of Bitcoin Holdings
News  •  Bitcoin  •  Jul 20, 2022 by Marek F.

Leading electric car manufacturer, Tesla, sold most of its Bitcoin holdings in Q2 of 2022 according to their recent earnings report. Tesla sold approximately 75% of its Bitcoin position, which translates to more than $936 million, but the company currently holds around $218 million worth of Bitcoin. Tesla’s quarterly

Fedi Seed Round Aims To Help Scale Bitcoin Custody
Fedi Seed Round Aims To Help Scale Bitcoin Custody

Fedi Inc. announced the closing of a $4.2 million seed round. This money will go to developing the Fedi mobile app, which is expected to begin rolling out in Q1 of 2023. The app is being built to provide a user interface for Fedimint, Fedi’s open-source Bitcoin custody

News  •  Bitcoin  •  Jul 21, 2022
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Fedi Seed Round Aims To Help Scale Bitcoin Custody
Fedi Seed Round Aims To Help Scale Bitcoin Custody

Fedi Inc. announced the closing of a $4.2 million seed round. This money will go to developing the Fedi mobile app, which is expected to begin rolling out in Q1 of 2023. The app is being built to provide a user interface for Fedimint, Fedi’s open-source Bitcoin custody

News  •  Bitcoin  •  Jul 21, 2022
Singapore’s Central Bank to Release Bitcoin and Crypto Regulations
Singapore’s Central Bank to Release Bitcoin and Crypto Regulations

Singapore has been long known for its forward thinking finance practices and has created an environment in which many crypto funds and companies have chosen to operate in. The Monetary Authority of Singapore (MAS) will release new regulation next month in an attempt to prevent future egregiously irresponsible crypto dealings

News  •  Bitcoin  •  Jul 21, 2022
Tesla Sold Vast Majority of Bitcoin Holdings
Tesla Sold Vast Majority of Bitcoin Holdings

Leading electric car manufacturer, Tesla, sold most of its Bitcoin holdings in Q2 of 2022 according to their recent earnings report. Tesla sold approximately 75% of its Bitcoin position, which translates to more than $936 million, but the company currently holds around $218 million worth of Bitcoin. Tesla’s quarterly

News  •  Bitcoin  •  Jul 20, 2022
IBEX Mercado and OSMO Wallet Partnership Streamlines Bitcoin Adoption in Latin America
IBEX Mercado and OSMO Wallet Partnership Streamlines Bitcoin Adoption in Latin America

Bitcoin infrastructure provider IBEX Mercado and Guatemalan startup OSMO Wallet are partnering to enable Central American users to buy, sell, and transact with Bitcoin.  The two companies are building out Bitcoin infrastructure in areas where 70% of the population are still unbanked despite the wide adoption of smartphones.  With increasing

News  •  Bitcoin  •  Jul 20, 2022
Singapore-based Zipmex Exchange Has Paused Withdrawals
Singapore-based Zipmex Exchange Has Paused Withdrawals

Zipmex becomes yet another cryptocurrency company that is troubled by the current market conditions. Zipmex, a Singapore-based cryptocurrency exchange that operates in Thailand, Indonesia, and Australia, has released an official statement that the company will be pausing withdrawals.  The message below was announced from the Zipmex Twitter account explaining the

News  •  Bitcoin  •  Jul 20, 2022
The Bitcoin Mining Council Reports Year-on-Year Improvements in Sustainable Power Mix
The Bitcoin Mining Council Reports Year-on-Year Improvements in Sustainable Power Mix

The Bitcoin Mining Council (BMC) announced the findings of its second quarter 2022 (“Q2") that focused on three main metrics: electricity consumption, technological efficiency, and sustainable power mix.  The BMC collected data from over 50% of the global Bitcoin Network as of June 30th, 2022, in their voluntary survey.

News  •  Bitcoin  •  Jul 20, 2022
Banking Giant BNP Paribas Will Offer Bitcoin Purchases
Banking Giant BNP Paribas Will Offer Bitcoin Purchases

According to a Coindesk report, BNP Paribas will be working with Bitcoin and crypto custody specialist Metaco, a Swiss digital custody firm. Metaco has recently been one of the top Bitcoin and cryptocurrency providers for banks and institutions that are looking to get into the space. BNP Paribas currently manages

News  •  Bitcoin  •  Jul 19, 2022
First Female UFC Fighter Will Be Paid In Bitcoin
First Female UFC Fighter Will Be Paid In Bitcoin

Bitwage, a payroll service provider that allows anyone in the world to convert their paycheck into Bitcoin without employer consent has partnered with Luana Pinheiro to make her the first female Ultimate Fighting Championship (UFC) fighter to be paid in Bitcoin. The Brazilian fighter has joined her boyfriend Matheus Nicolau

News  •  Bitcoin  •  Jul 19, 2022
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