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Massachusetts-Based Bankprov to End Loan Offerings Secured by Cryptocurrency Mining Rigs
31.1.2023
The Amesbury, Massachusetts-based Bankprov, a subsidiary of Provident Bancorp, has announced that it will no longer provide loans secured by cryptocurrency mining rigs. In a filing with the U.S. Securities and Exchange Commission (EX-99.1), Bankprov stated that revenue from its digital asset loan...
What is stagflation, and how could it impact the cryptocurrency markets?
9.12.2022
What is stagflation, how to fight it with crypto and how are the cryptocurrency markets impacted by high inflation and economic downturn?
Kenyan Firm Using Wasted Energy to Mine Bitcoin — Business Model Said to Potentially Help Decentralize Mining
11.10.2022
A Kenyan bitcoin mining company, Gridless, recently revealed how it is helping local communities reduce electricity costs by using excess generated power to mine bitcoin. The Gridless model has been hailed because it potentially helps to decentralize bitcoin mining as well as move some hashpower...
Bitcoiner claims to have found 'long lost Satoshi Bitcoin code' with personal notations
8.10.2022
According to Jim Blasko, he was able to uncover raw data and files from Bitcoin v0.1 including notations from Satoshi Nakamoto using "a little browser hacking."
White hat hacker attempts to recover 'millions' in lost Bitcoin, finds only $105
24.6.2022
“We didn’t make money, but we definitely made new friends," said Lavar Sanders, who originally purchased the Bitcoin in 2016
New York digital media company the latest to add Bitcoin to balance sheet
11.5.2022
Whilst the purchase won’t cast a shadow on the billions worth of Bitcoin owned by other firms, the company said it could have made $1.2 million if it sold its holdings at the end of the first quarter
Wikimedia community supports proposal to stop foundation from accepting crypto donations
13.4.2022
The arguments in favor included environmental concerns surrounding Bitcoin transactions and “the risk to the movement’s reputation for accepting cryptocurrencies."
Exxon Mobil is using excess natural gas to power crypto mining: Report
24.3.2022
The oil and gas giant launched the pilot program in January 2021 and is now reportedly considering expanding it to Nigeria, Argentina, Guyana, and Germany
Cash App’s Bitcoin Revenue Grew 119% in 2021, Gross Profit From BTC Rose 124%
26.2.2022
Popular mobile payment platform Cash App, developed by Jack Dorsey’s Block Inc., generated $10 billion in bitcoin revenue and $218 million in bitcoin gross profit in 2021. Compared to the previous year, the bitcoin revenue increased 119% while gross profit rose 124%. Cash App’s...
Bitcoin business in France: Regulation, education and cash buy frustration
10.2.2022
Cointelegraph sat down with the only Bitcoin business in France that allows Bitcoin cash buys, Bitcoin-lyon
NYDIG offering allows participating companies to pay employees in Bitcoin
1.2.2022
Patrick Sells, the NYDIG's chief innovation officer, said the Bitcoin payment plan was aimed at letting companies offer a benefits package to prospective employees
Northwest Arkansas offering $10K in Bitcoin to attract remote workers
12.1.2022
“Next-generation talent is essential to further transform our region into a hub for up-and-coming tech innovators and businesses,” said Blockchain Center of Excellence director Mary Lacity
Some Salvadorans claim funds are missing from their Chivo wallets
27.12.2021
“No tech support and only useless calls, where is my money," said Luis Guardado in a direct appeal to El Salvador President Nayib Bukele
Valkyrie’s latest ETF offering has exposure to Bitcoin
16.12.2021
The filing specifies that Valkyrie’s ETF may invest up to 10% of its net assets in securities of Bitcoin mining firms, as well as up to 5% in the securities of pooled investment vehicles in the U.S. that hold BTC
Block, formerly Square, will allow users to gift BTC for the holidays using Cash App
15.12.2021
"It’s as easy as sending cash, and you don't need to own stock or Bitcoin to gift it," said Cash App, allowing transfers as low as $1
WisdomTree amends Bitcoin ETF application, naming US Bank as custodian
9.12.2021
U.S. Bank launched crypto custody services for institutional investors in October as part of a partnership with New York Digital Investment Group
Are institutional investors the key silent partners of crypto?
12.11.2021
More participation? The approval of the BTC ETF in October exacerbated the trend. “There is a much easier path to gaining this exposure.”
VanEck Bitcoin Strategy ETF will likely launch next week as crypto prices reach ATHs
20.10.2021
The asset manager could be the first to follow ProShares, which listed its Bitcoin Strategy ETF on the New York Stock Exchange on Monday
YouTube deletes and restores Bitcoin bull Anthony Pompliano's channel
11.10.2021
According to Pomp, he had not violated YouTube’s community guidelines and his most recent video didn’t have any questionable content
China’s Oldest Exchange Exits Bitcoin Business Amidst Regulatory Pressures
28.6.2021
BTCC, ostensibly the first cryptocurrency exchange established in China, exited the bitcoin trading business last week. According to statements, this was the result of the continued regulatory pressure Beijing is exerting on cryptocurrency businesses. The company will now transition...