Electronics conglomerate Samsung reported that the company will begin trial production on their three nanometer (3nm) chips for application-specific integrated circuits (ASICs). ASICs are currently the most efficient way to mine Bitcoin and Samsung’s new chip will help make the process more efficient and faster. According to the report,

On June 28th, 2022 Venture Capitalist Nic Carter announced he was “Excited to be backing” identity-based wallet company, Dynamic.  Dynamic XYZ’s goal is to usher in “the adoption of wallet-based authentication and identity.” The company announced that they raised $7.4 million during a seed round of funding led

Tether Operations Limited (Tether), the technology company supporting the blockchain-enabled platform that powers the largest stablecoin by market capitalisation (USD₮) and the Swiss city of Lugano announced today the speaker lineup for the first-ever Plan ₿ Forum, a conference addressing Bitcoin and its potential for global financial disruption. Slated to take

The Wall Street Journal released a report on Monday (June 27th, 2022) stating that hedge funds are ramping up efforts to short Tether (USDT), the stablecoin pegged to the U.S. dollar. Subsequently, Tether Chief Technology Officer (CTO), Paolo Ardoino, voiced his thoughts on Twitter in a 12-part thread. He

Tether Operations Limited, the company that powers the largest stablecoin by market capitalization, has announced that it will be launching Tether tokens (“GBPT”) pegged to the British Pound Sterling in early July of 2022.  GBPT will be the fourth fiat-currency pegged stablecoin that Tether is offering. Currently, Tether has the

The report from the Bitcoin Delegation in the Central African Republic (CAR) highlighted the country’s current access to electricity, internet, and digital money as key features for successful Bitcoin adoption.  Limitations The report states that the lack of energy in many of the country’s villages must be addressed

Farfetch Ltd (NYSE : FTCH), a digital platform for luxury fashion featuring brands like Balenciaga, Burberry, Gucci, and more, will begin accepting Bitcoin and other cryptocurrencies for payment. The company will have a pilot program that will begin with luxury European stores in Paris, London, and Milan. All U.S., U.

Jay-Z has teamed up with former Twitter CEO Jack Dorsey to debut The Bitcoin Academy in the rapper's home of Brooklyn, New York. “[Jay-Z] and I are funding The Bitcoin Academy, a program for residents of Marcy Houses in Brooklyn New York where Jay grew up,” Dorsey Tweeted.