Author: Shawn Amick

Bitcoin Miner Genesis Digital Secures 708 MW Capacity, Expects To Create 600 Jobs

Bitcoin Magazine

Genesis Digital Assets secured an additional 708 MW of operating capacity. The bitcoin mining company expects to create 130 full-time jobs with an additional 495 construction jobs. Starting in 2013, the company has reportedly mined over $1 billion in bitcoin. Read More

World’s Largest Asset Manager BlackRock Launches Spot Bitcoin Private Trust

Bitcoin Magazine

BlackRock has launched a spot bitcoin private trust for institutions. Earlier this month, BlackRock announced a partnership with Coinbase to offer bitcoin trading service to its clients. Last year the $10 trillion asset manager stated they were not aware of Read More

Voltage Now Offers One-Click Inbound Liquidity For Lightning Nodes

Bitcoin Magazine

Voltage now offers its users inbound liquidity for Lightning nodes with one click. Voltage will supply 500,000 sats from its main node. The company hopes to expand this offering beyond just Voltage customers. Voltage, a bitcoin infrastructure provider, has released Read More

BlackRock To Offer Bitcoin Trading, Custody In Coinbase Partnership

Bitcoin Magazine

BlackRock will begin offering bitcoin trading and custody services. The asset manager is partnering with Coinbase to facilitate trading desk and custodial operations for its institutional clients. Coinbase Prime will act as the custodian and it does not seem to Read More

Foundry Digital Donates 1 BTC To Developer Working On Bitcoin Mining Pools

Bitcoin Magazine

Foundry Digital has donated 1 BTC to a pseudonymous open-source developer – 4ss0. The developer is working on Stratum V2, a communication protocol for miners and mining pools. Specifically, the developer will improve the decentralization of block templates and strengthen Read More

Bitwage Partners With Casa, Edge Wallet For Streamlined Bitcoin Payroll Services

Bitcoin Magazine

Bitwage has partnered with two Bitcoin wallet providers to streamline its onboarding process. Casa and Edge Wallet helped Bitwage develop a UI to integrate each of the wallets onto its payroll platform. These partnerships will allow Bitwage to automate the Read More

U.S. Senators Condemn Fidelity Investments’ Bitcoin 401(k) In Open Letter

Bitcoin Magazine

U.S. Senators wrote an open letter to the CEO of Fidelity regarding its bitcoin 401(k) plan. Senators condemned the financial institution for offering bitcoin as an optional retirement investment strategy. The senators also recognize the struggles of Americans trying to Read More

Foundry Launches Logistics Arm For Bitcoin Mining Equipment

Bitcoin Magazine

Foundry has released a new logistics arm to serve as a one-stop shop for all things related to bitcoin mining infrastructure. Foundry Logistics enables transparent and efficient monitoring of shipments allowing customers to accurately time the market. Foundry also recently Read More

Coinbase, Kraken Under Investigation By U.S. Regulators: Report

Bitcoin Magazine

Coinbase is reportedly under investigation by the SEC. The investigation is meant to determine if the company listed cryptocurrencies that should have been considered securities. Kraken reportedly is under investigation by the U.S. Treasury Department for violating sanctions. Scrutiny over Read More

Komainu Receives Provisional License For Bitcoin, Crypto Services In Dubai

Bitcoin Magazine

Komainu has received provisional approval to offer institutional bitcoin and cryptocurrency custody services in Dubai. The company is a joint venture by $471 billion Nomura Bank, CoinShares and Ledger. Komainu is considered operationally ready while regulators perform their due diligence Read More

The Largest Bank In The Eurozone To Launch Bitcoin, Crypto Custody Platform: Report

Bitcoin Magazine

BNP Paribas, a leading private bank in the Eurozone, is reportedly entering the custody space for bitcoin and other cryptocurrencies. The bank will partner with Metaco, a Swiss digital asset custody firm who has existing banking partnerships. It is unclear Read More

First Female UFC Fighter To Be Paid In Bitcoin Through Bitwage Partnership

Bitcoin Magazine

Luana Pinheiro will become the first female UFC fighter to be paid in bitcoin through a partnership with Bitwage. Pinheiro joins her boyfriend Matheus Nicolau who previously adopted a Bitcoin Standard this past March through Bitwage. Bitwage is a payroll Read More

Southland Credit Union To Enable Bitcoin Purchases In Partnership With NYDIG

Bitcoin Magazine

Southland Credit Union will offer services to its customers allowing them to buy, sell and hold bitcoin on a custodial platform. Southland’s custodial partner is bitcoin bank NYDIG, making them the second credit union in the region to offer NYDIG’s Read More