Kazakhstan is moving forward with regulation that will further stifle its bitcoin mining industry. The country’s federal parliamentary body has completed secondary approval of a bill “On Digital Assets in the Republic of Kazakhstan.” With a third approval, the legislation Read More
Bitcoin mining companies continue struggling to survive the ongoing bear market. Dreams of outperforming bitcoin as a public mining company are long gone. Bankruptcies and lawsuits make routine headlines. And even Wall Street analysts that were once bullish on bitcoin Read More
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. On-Chain Read More
This is an opinion editorial by Rikki, author and co-host of the “Bitcoin Italia,” and “Stupefatti” podcasts. He is one half of the Bitcoin Explorers, along with Laura, who chronicle Bitcoin adoption around the world, one country at a time. Read More
The Paraguay legislature did not pass a bill that would have regulated cryptocurrency mining in the country. The bill, originally passed in July of 2022, was subsequently vetoed by President Mario Abdo Benítez in August, which sent it back to Read More
Bitcoin payments app Strike said in a statement Tuesday that it had launched Send Globally, a new feature that lets U.S. users instantly and cheaply send money to Africa. “With exorbitant fees to transfer funds in and out of Africa Read More
Gridless, a bitcoin mining company that is focused on rural communities in East Africa, has raised $2 million in a seed investment round led by Stillmark and Block, Inc., according to a press release sent to Bitcoin Magazine. This comes Read More
This is an opinion editorial by David Seroy, Founder and President of Old North Capital Fund. It is the author’s opinion that credit-based, bitcoin-backed dollars will act as the bridge connecting bitcoin, dollars, the Lightning Network, validity roll-ups, and elements Read More
Riot Blockchain has released its unaudited production and operations updates for November 2022. According to the release, the company produced 521 BTC, a 12% increase on its November 2021 production of 466 BTC. It sold 450 BTC, generating net proceeds Read More
Introduction Payment apps are the easiest and quickest way to buy or sell bitcoin and directly convert it into fiat currencies or vice versa. Most payment apps are very similar in use and functionality; however, some are more aligned with Read More
The Built With Bitcoin Foundation (BWB) has opened a new Bitcoin Technology Center in Ejisu, Ghana, a city in Greater Kumasi, as a legacy for the inaugural Africa Bitcoin Conference. The center will be run by Ghanians, for Ghanians, according Read More
This is an opinion editorial by Pierre Gildenhuys, the co-founder of a Hong Kong-based social environment tech startup. Proof-of-work is the consensus mechanism that the Bitcoin protocol uses. On a fundamental level, this means that work has to be done Read More
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Powell’s Read More
Relai, a Swiss company that provides a non-custodial bitcoin wallet app, has reported that November 2022 was its best month in terms of volume and revenue. According to a press release sent to Bitcoin Magazine, the app saw an increase Read More
On Tuesday, Brazil’s Chamber of Deputies approved a landmark cryptocurrency legislation that sets the tone for how the country will regulate bitcoin. Key aspects of the bill relate to the way “virtual assets” are defined and their possible local uses, Read More
The below is an excerpt from the Bitcoin Magazine Pro report on the rise and fall of FTX. To read and download the entire 30-page report, follow this link. The Beginnings Where did it all start for Sam Bankman-Fried? As Read More
This is an opinion editorial by Federico Rivi, an independent journalist and author of the Bitcoin Train newsletter. We are raising interest rates “because we are fighting inflation. Inflation has come out of practically nothing.” So said European Central Bank Read More
Introduction Surprisingly, the first time the term “credit card” was used to describe a card for spending was back in 1887, mentioned several times in the utopian science fiction novel “Looking Backward” by Edward Bellamy. Although, in the beginning, the Read More
Powering bitcoin mining machines with literal garbage is an emerging trend within the mining sector as a crop of new companies focus on harnessing this abundant and otherwise wasted energy resource. Contrary to the prevalent political narrative that bitcoin mining Read More
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Speculation Read More
