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
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
U.S. CPI data for the month of July shows an 8.5% inflation rate from a YoY perspective. Market expectations suggested inflation would fall from 9.1% to 8.7% in July. Bitcoin claimed $24,000 following CPI data release. Consumer price index (CPI) Read More
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
Hut 8 Mining produced an additional 330 BTC in the month of July. By the end of the month, the company was operating at 2.9 EH/s and continues to receive monthly shipments of additional miners. The miner currently holds 7,736 Read More
Binance is launching a bitcoin rewards card in Argentina. The company is partnering with Mastercard and Credential Payments to provide market access and issue the card. Users will enjoy 8% cashback on purchases and zero-fee ATM withdrawals. Binance, one of Read More
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 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
The Law Commission of England and Wales, an independent consultant firm for legal reform originally commissioned by the parliament, has proposed a new category of property to encompass digital assets such as bitcoin in a 549 page proposal. How could Read More
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
FTX exchange received approval to operate exchange and clearinghouse services in Dubai. The company will build a regional headquarters in the city. A subsidiary of FTX operating in Europe and the Middle East will facilitate product offerings in the region. Read More
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 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 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 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 Virtual Currency Tax Fairness Act seeks to provide tax exemption for transactions up to $50 or trades which net a capital gain of less than $50. Senators Patrick Toomey and Krysten Sinema will introduce the bill today. A House Read More
ZEBEDEE has partnered with VIKER to bring bitcoin rewards to three classic video games. Solitaire, Sudoku and Missing Letters will begin rewarding players in bitcoin on ZEBEDEE’s mobile app. Users can earn bitcoin for free and can transfer their bitcoin Read More
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
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 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
