Coinbase ($COIN:Nasdaq), the most popular exchange in the U.S. for cryptocurrencies, has once again missed the mark. The exchange reported a record $1.1 billion second-quarter loss and lower-than-expected revenue. While still licking its wounds from its failure to launch a NFT Marketplace similar to OpenSea, Coinbase revealed

Vinteum, a non-profit Bitcoin research and development center, will start training and funding developers for the Bitcoin ecosystem in Brazil. In a press release put out on August 10th, 2022, the non-profit also announced intentions to expand its program to include Latin America and eventually, the whole world.   Dedicated to

Machankura, an SMS-based service named after the South African slang word for money, is bridging the gap between Bitcoin and people without internet access. Kgothatso Ngako, the developer of the app, has stated that thanks to this new technology, people in Africa are able to receive and spend Bitcoin without

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