Technology
Technology
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
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.
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, 2022Leading 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, 2022Bitcoin 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, 2022The 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, 2022According 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, 2022Bitwage, 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, 2022Southland Credit Union, a $1 billion credit union that offers its products and services to more than 60,000 members in Orange County and Los Angeles, has just launched a Bitcoin purchase option for its members. As per the press release, the members of Southland Credit Union will be able
News - Bitcoin - Jul 18, 2022In a statement released on Thursday, July 14, 2022, Bitcoin-centric company NYDIG announced the signing of a multi-year deal with the New York Yankees. The partnership gives employees of the Major League Baseball (MLB) franchise access to NYDIG’s Bitcoin Savings Plan (BSP). NYDIG’s chief marketing officer Kelly Brewster
News - Bitcoin - Jul 15, 2022Going unnoticed for about a month, the Federal Reserve Bank of Cleveland released a paper on June 21st, 2022 discussing the Bitcoin Lightning Network and its uses. The working paper focuses on the transactions per second compared to today’s solutions of Visa and Mastercard. The paper claims that if
News - Bitcoin - Jul 15, 2022