Led by Kingsway Capital, Blockstream has raised $125 million for the purpose of expanding their institutional mining services. Blockstream has announced they’ve raised $125 million in convertible note and secured loan financing with the aim of expanding their institutional bitcoin…
Category: Crypto Flash News
EU Lawmakers Vote To Impose Strict Capital Requirements On Banks Holding Bitcoin And Crypto
Banks would be allowed to hold 2% of capital in bitcoin, but required to have one euro in capital for every euro in cryptocurrency held. European Union lawmakers have voted to impose strict capital requirements on banks that hold cryptocurrencies,…
World’s Largest Bitcoin ATM Software Platform Acquired By Bitstop Founders
Andrew Barnard and Doug Carrillo of Bitstop have announced the acquisition of Genesis Coin Inc. Genesis Coin Inc., the first and largest bitcoin ATM software platform in the world, announced that they have been acquired by Bitstop Founders Andrew Barnard…
After the Failure Of Their Stablecoin Experiment, Iran And Russia Will Inevitably Adopt Bitcoin
With their newly-announced stablecoin experiment doomed to fail, Russia and Iran will soon learn Bitcoin is the solution that they want. This is an opinion editorial by Q Ghaemi, a stocks and bitcoin analyst and author of the Qweekly Update…
Announcing “Hunting Sats,” A Bitcoin Wallet Cracking Contest
Shadowy super coders and sat stacking anons from all over the internet are welcome to try and crack a wallet containing millions of sats. Wasabi Wallet, along with 12 other bitcoin projects and companies including Blockstream, BTCPay and Trezor, are…
In 2023, Bitcoiners Must Stop Shooting (Or Blocking) The Messengers
As the New Year begins, Bitcoiners should take this opportunity to engage with constructive criticism. This is an opinion editorial by Heidi Porter, an entrepreneur with 35 years in the tech industry. I love Bitcoin — and the world that…
Crypto Lender Genesis Files For Chapter 11 Bankruptcy
The embattled crypto lender has filed a slew of voluntary bankruptcy notices in order to restructure itself. Genesis’s two lending subsidiaries, Genesis Global Capital and Genesis Asia Pacific, have filed for Chapter 11 bankruptcy. According to the announcement, the firm…
Mississippi, Missouri Lawmakers Introduce Bills To Protect The Rights To Mine Bitcoin And Run A Node
Committees from both states will soon vote on bills that would provide a variety of protections for Bitcoin mining operations and node runners. Lawmakers from the U.S. states of Mississippi and Missouri have introduced bills that seek to legally protect…
Mainstream Bitcoin Exchanges Have Obscured The Value Of Private, P2P Alternatives
Mainstream bitcoin exchanges which collect troves of user data have warped users’ expectations for privacy-preserving, peer-to-peer versions. This is an opinion editorial by Okada, mechanical engineer and contributor to peer-to-peer bitcoin exchange RoboSats. Buying your first bitcoin has dramatically changed…
New Hampshire Commission Recommends Statewide Bitcoin Mining Energy Plan
A commission out of New Hampshire has found that the positive impacts of bitcoin mining on the electricity system are worthy of further consideration. New Hampshire (NH) Governor Chris Sununu’s “Commission On Cryptocurrencies And Digital Assets” has returned results that…