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Bitstop Founders Acquire Largest Bitcoin ATM Software Platform
Bitstop Founders Acquire Largest Bitcoin ATM Software Platform
News  •  Bitcoin  •  Jan 24, 2023 by Deniz Saat

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

Crypto Lender Genesis Files for Bankruptcy
Crypto Lender Genesis Files for Bankruptcy
News  •  Technology  •  Jan 20, 2023 by Deniz Saat

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

Blockstream Raises $125M To Boost Mining Operations
Blockstream Raises $125M To Boost Mining Operations

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

News  •  Bitcoin  •  Jan 24, 2023
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Blockstream Raises $125M To Boost Mining Operations
Blockstream Raises $125M To Boost Mining Operations

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

News  •  Bitcoin  •  Jan 24, 2023
Bitstop Founders Acquire Largest Bitcoin ATM Software Platform
Bitstop Founders Acquire Largest Bitcoin ATM Software Platform

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

News  •  Bitcoin  •  Jan 24, 2023
Crypto Lender Genesis Files for Bankruptcy
Crypto Lender Genesis Files for Bankruptcy

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

News  •  Technology  •  Jan 20, 2023
DOJ Seizes Crypto Exchange Bitzlato and Arrests Founder
DOJ Seizes Crypto Exchange Bitzlato and Arrests Founder

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

News  •  Technology  •  Jan 18, 2023
Wisconsin Hydroelectric-powered Mining Facility Launches
Wisconsin Hydroelectric-powered Mining Facility Launches

The first hydroelectric-powered mining facility in Wisconsin was just launched by Sazmining, a hosting services provider for Bitcoin mining, giving the business a carbon-neutral source of electricity. 350 mining machines will be housed in the new facility and will be powered by a neighboring river’s water flow that passes

News  •  Bitcoin  •  Jan 17, 2023
Gemini Releases Open Letter for Removal of Digital Currency Group’s CEO Barry Silbert
Gemini Releases Open Letter for Removal of Digital Currency Group’s CEO Barry Silbert

Cameron Winklevoss, the co-founder of Gemini, has published a letter in which he accuses Genesis and its parent company, Digital Currency Group (DCG), of defrauding Gemini and over 340,000 Gemini Earn users. In addition, the letter claims Barry Silbert committed acts of fraud along with other key personnel within

News  •  Business  •  Jan 10, 2023
CleanSpark Releases Bitcoin Mining Update for December 2022
CleanSpark Releases Bitcoin Mining Update for December 2022

CleanSpark, a publicly traded Bitcoin mining company based in Las Vegas, Nevada, has released their December 2022 Bitcoin mining update along with the CEO’s comments for the previous year. CEO Zach Bradford explained that “among our many accomplishments this year, I’m most proud of increasing our annual Bitcoin

News  •  Bitcoin  •  Jan 04, 2023
What Is Nostr and How Do I Use It?
What Is Nostr and How Do I Use It?

You’ve probably seen a lot of folks on Twitter talking about Nostr recently (including Twitter founder Jack Dorsey). Jack likes Nostr so much, he donated 14 Bitcoin to Nostr open-source development. https://twitter.com/jack/status/1603535971114487816 This article serves as a guide for non-technical people on how to

News  •  Technology  •  Dec 20, 2022
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