Crypto news
This is an opinion editorial by Leon Wankum, a HODLer who is active in real estate and venture capital with a master’s degree in financial economics. On August 15, 1971, U.S. President Richard Nixon announced that the United States would end the convertibility of the U.S. dollar into gold. Since then, central banks around the…
ZEBEDEE, a FinTech and payments processor, has partnered with Beamable to simplify the integration of bitcoin transactions into gaming. This collaboration aims to remove the need for a server or systems operations team, making it easier for developers to add server-side features to games while ensuring superior security. Beamable’s platform enables game developers to integrate…
The article 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. The Arrival Of BlackRock As most readers are likely aware, ripples were sent through the…
Bitcoin Startup Lab is gearing up for its Summer 2023 cohort, bringing together industry titans, investors and innovators to fuel growth in the Bitcoin ecosystem. With a focus on collaboration and mentorship, the pre-accelerator program aims to enable founders to create innovative solutions on Bitcoin. The program spans 12 weeks and has doubled the number…
Bipa, a Brazilian startup aiming to simplify financial transactions through Bitcoin, has announced the successful closure of its seed investment round, raising R$8 million (approximately $1.4 million). Notable investors include New Form Capital. a venture capital fund focused on early-stage startups involved with blockchain technology and the financial market and Hivemind Ventures, which invests in…
This is an opinion editorial by Kevin Melody, a node runner and real estate professional. An “over-unity” power generator (similar to the concept of a perpetual-motion machine) is a hypothetical device that produces more energy than is required to run it. Although there is quite a bit of controversy in this field, the mainstream scientific…
Yesterday, Olaoluwa Osuntokun and Michael Levin of Lightning Labs announced the release of a new set of developer tools aimed at empowering the Lightning and AI developer communities to create inclusive and cost-effective Large Language Model (LLM) tooling. These tools leverage the Lightning Network and bitcoin to seamlessly integrate with LLMs. They are built on…
AI and Bitcoin companies are teaming up to host the Ai4ALL Hackathon, a month-long event aimed at democratizing artificial intelligence with the help of Bitcoin, Lightning and Fedimint. Organized by Fedi and Stak, the hackathon will take place remotely on the BOLT.FUN and Replit platforms from July 1 to July 31, 2023. Participants will have…
This is an opinion editorial by Heliand, a Bitcoiner with a background in real estate and finance. In the realm of digital currencies, Bitcoin has emerged as a groundbreaking phenomenon, revolutionizing not only the financial landscape but also the way we perceive and interact with money. However, beyond its potential for economic empowerment, Bitcoin holds…
This is an opinion editorial by Roy Sheinfeld, the co-founder and CEO of Breez, a Lightning Network mobile app. The more wonderful something is, the more passion it will arouse. Bitcoin is among the greatest wonders of the late-modern world, so Greg Foss is understandably very passionate about it. So passionate in fact, that he…
This is an opinion editorial by Julian Liniger, the co-founder and CEO of Relai. Bitcoin exists for a couple of reasons: As money that anyone, anywhere can use, and as a monetary good that is guaranteed not to be diluted or devalued by a central bank. But it’s also a piece of software that deliberately…
Luxor Technologies, a Bitcoin mining software and services company, has announced the expansion of its Bitcoin mining derivatives contracts. According to a press release sent to Bitcoin Magazine, the new offering from Luxor’s Derivatives Desk includes six-month duration contracts and daily settlement rates, providing market participants with extended contract periods and swift access to liquidity….
Pouch has unveiled its latest app feature, “Send Globally,” aimed at simplifying money transfers from the Philippines to U.S. banks. The feature allows Pouch customers, including expats residing in the Philippines, to send Philippine pesos that will be paid out as U.S. dollars to recipients’ U.S. bank accounts. Ethan Rose, CEO of Pouch, emphasized the…
Coinfinity, an Austrian bitcoin broker, has recently integrated the Lightning Network into its services, allowing customers to make bitcoin purchases with reduced transaction fees and quicker processing times. Thomas Burgstaller, Chief Growth Officer at Coinfinity, highlighted the significance of this integration, stating, “Being this early to market is an important innovation step for us at…
Investors’ tendency to prioritize conventional metrics over crypto-specific factors has implications for both Bitcoin the network and Bitcoin the asset. The Digital Disclosure Survey conducted by Broadridge Financial Solutions sheds light on the fact that key metrics such as tokenomics and network performance are often overlooked by investors. This finding raises questions about the extent…
This is an opinion by Thabo P. Ncube, a Bitcoiner who lived through Zimbabwe’s hyperinflation in 2008. The Reserve Bank of Zimbabwe (RBZ), the fiat custodian and lender of last resort in the country, recently “liberalized” its much-vaunted foreign exchange auction trading system in hopes of selling foreign currencies at market-determined exchange rates through regulated…
Unchained, a Bitcoin custodial services company, has announced the launch of its private client service with collaborative custody. According to a press release sent to Bitcoin Magazine, the new platform called “Unchained Signature” is a “membership-based service that helps high-net-worth individuals, institutions and corporations invest in and manage their bitcoin.” The company compares the experience…
Phoenix, a Lightning wallet developed by Acinq, has undergone significant improvements with the introduction of splicing technology, resulting in a more efficient and user-friendly experience. Unlike previous versions, which created multiple channels and incurred unpredictable fees, the new Phoenix manages a single dynamic channel, eliminating the need for scattered liquidity and splitting issues. With splicing,…
Custodia, an innovative bitcoin and cryptocurrency bank seeking to establish a charter in Wyoming, took a bold step by filing a groundbreaking lawsuit against the Federal Reserve on June 7, 2022. The legal action stemmed from the Fed’s inexplicable delay in approving Custodia’s application for a “Master Account,” a process that typically takes 5-7 days…
HIVE Digital Technologies Ltd., previously known as HIVE Blockchain, has announced that along with its renaming, the company will be focusing on revenue opportunities with its Nvidia graphics processing unit (GPU) cards in cloud compute technology. HIVE plans to utilize a fleet of 38,000 Nvidia GPUs for computational tasks, expanding its revenue channels while seeking…
This is an opinion editorial by Rune Østgård and Alexander Ellefsen, financial writers based in Norway. Although we don’t have exact numbers on Bitcoin adoption globally, we do know that the global average cryptocurrency adoption rate was estimated to be at about 12% in 2022 and that bitcoin currently has about half of the total…
The Blockchain Association, a nonprofit organization advocating for pro-innovation policies in relation to Bitcoin, has called for an investigation into the Securities and Exchange Commission (SEC) and its approval of Prometheum Ember Capital as a Special Purpose Broker Dealer (SPBD). In a letter to the Inspector General of the SEC, the association raises concerns about…
Lightning HTTP 402 Protocol, also known as L402, is a way to charge for services and authenticate users in distributed networks. It combines two powerful tools — Macaroons, and of course, the Lightning Network. Macaroons are special tokens used for authentication. They include permissions and can be verified using a root key. The documentation states…
This is an opinion editorial by Bitcoms, a Bitcoin writer. “So quick bright things come to confusion” –William Shakespeare, “A Midsummer Night’s Dream” “Inscriptions” are a way of writing pieces of arbitrary information onto the Bitcoin blockchain. “Ordinals” are a convention used for tracking individual sats and linking them to inscriptions. This article does not…
Mutiny Wallet, the first self-custodial Lightning wallet that operates on the web, has officially launched its open beta. According to the release announcement, the wallet aims to solve the onboarding challenge for Bitcoin users worldwide by providing accessibility regardless of location or device. The announcement described the wallet’s mission of catering to the five billion…
CleanSpark Inc. has announced the completion of phase two of its mining campus expansion in Washington, Georgia. The expansion is expected to increase CleanSpark’s bitcoin mining compute power by 1.8 exahashes per second (EH/s) to a total of 8.5 EH/s. The company has set lofty goals of reaching a target of 16 EH/s by the…
Europe is on the verge of witnessing the launch of its first spot bitcoin exchange-traded fund (ETF). The long-awaited debut of the European spot bitcoin ETF comes after a significant delay, which has only intensified the anticipation surrounding its arrival. Coinciding with this news, the United States is also experiencing a surge of interest in…
This is an opinion editorial by David Waugh, a business development and communications specialist at bitcoin investing platform Coinbits. A few weeks ago, BlackRock and other major financial firms filed for permission to offer spot bitcoin exchange-traded funds (ETFs). Though the U.S. Securities And Exchange Commission(SEC) stated that these initial filings were inadequate, forcing the…
This is an opinion editorial by Dea Rezkitha, an Indonesian Bitcoin educator and podcast host. In politics, individuals are often grouped into “left” and “right” wings, but the complexities go well beyond this simple dichotomy. To gain a deeper understanding of people’s beliefs and values, and ultimately how these will inform their outlook on Bitcoin,…
This is an opinion editorial by Bitcoin Graffiti, a software developer and graffiti artist. Source “Those things which I am saying now may be obscure, yet they will be made clearer in their proper place.” –Nicolaus Copernicus In the annals of history, Nicholas Copernicus is celebrated as the groundbreaking astronomer who toppled the geocentric view…
This is an opinion editorial by Fernando Nikolic, the director of marketing and communications for Blockstream. “Bitcoin is not for everyone.” It’s a bold statement that may seem counterintuitive when the goal is mass adoption. After all, shouldn’t we aim to convince everyone about the benefits of Bitcoin? Well, the truth is, we can’t. And…
Geyser, a leading Bitcoin grant organization, has announced the launch of its fifth Bitcoin grant, aimed at supporting educational initiatives and community-based programs focused on Bitcoin. The grant opens up opportunities for campaigns that promote and bolster Bitcoin schools and communities worldwide. Mick Morucci, CEO of Geyser, emphasized the importance of Bitcoin for underserved populations,…
Binance, one of the world’s leading cryptocurrency exchanges, has successfully integrated Bitcoin (BTC) onto the Lightning Network, enabling faster and more efficient transactions. As of today, users can now deposit and withdraw Bitcoin (BTC) using the Lightning Network on the Binance platform. The integration of Bitcoin on the Lightning Network marks a significant milestone for…
This is an opinion editorial by Tali Lindberg, a mother, the co-founder of Free Market Kids and host of “Orange Hatter: Bitcoin Podcast For Busy Women.” Typically, Bitcoin meetups come in two types: “BitDevs” and “plebs.” In the former, coders gather to discuss technical developments in the Bitcoin ecosystem, and the discussions are heavy with…
This is an opinion editorial by Phil Harvey, the CEO of cryptocurrency mining consultancy Sabre56. Launching the first unequivocally positive news cycle for the Bitcoin space since the collapse of FTX, BlackRock recently decided to file for a spot bitcoin exchange-traded fund (ETF). Within a few days, two additional behemoth money managers joined BlackRock as…
Speaking at a Heal-the-Divide PAC event, Democratic Presidential Candidate Robert F. Kennedy Jr. outlined specific Bitcoin-focused policies that he would enact as president, including gradually backing the U.S. dollar with bitcoin and making bitcoin profits exempt from capital gains taxes. “My plan would be to start very, very small, perhaps 1% of issued T-bills would…
This is an opinion editorial by Byron Donalds, the U.S. representative for Florida’s 19th congressional district, and Perianne Boring, founder and CEO of the Chamber Of Digital Commerce. There are many reasons that businesses relocate to Florida, the welcoming regulatory and tax environments and the skilled and ready workforce among them. And these are certainly…
In an announcement Thursday morning, the Federal Reserve unveiled that its instant payment system, the FedNow® Service, has officially gone live. This tool aims to empower banks and credit unions of all sizes to facilitate instantaneous money transfers for their customers. The Federal Reserve claims that FedNow transactions can be executed 24/7, 365 days a…
This is an opinion editorial by Nathan Cryder, the COO of a renewable energy company and the founder of a bitcoin-focused holding company. It’s unlikely that Bitcoin’s mysterious, pseudonymous creator, Satoshi Nakamoto, knew just how many similarities Bitcoin would one day share with the world’s great religions when they first released their code to the…
This is an opinion editorial by Mickey Koss, a West Point graduate with a degree in economics. He spent four years in the infantry before transitioning to the Finance Corps. It may seem counterintuitive, but in my last four years serving for the U.S. Army, I’ve essentially been a customer service specialist, whether it’s addressing…
Bitcoin possesses a unique identity and qualities that are cemented on the foundation of decentralization. Almost everyone who is doing the work to understand Bitcoin will eventually run into the cold, hard fact that, at its core, Bitcoin is about freedom. To those who have enjoyed individual liberties for their entire lives, the concept of…
This is an opinion editorial by Ben Caselin, chief strategy officer for cryptocurrency exchange MaskEx. As we navigate the uncharted waters of the digital revolution, bitcoin is increasingly finding their footing in economies grappling with currency crises. Countries such as Turkey, Lebanon, Nigeria and Argentina are already seeing bitcoin reach, or start to approximate, new…
US Presidential candidate Robert F. Kennedy Jr. was recently announced as a speaker at the upcoming Mining Disrupt 2023, a highly anticipated event in the Bitcoin mining community, taking place in Miami on July 25-27th at the Miami Airport Convention Center. Robert F. Kennedy Jr. also spoke at the Bitcoin 2023 conference earlier this year in…
This is an opinion editorial by Rupert Matthews, a lecturer at the Nottingham Business School. University education is expensive. Even within the U.K., tales of students leaving with £90,000 (about $115,000) of debt are not uncommon, which raises the question of the value that can be realized by a university degree when offset by this…
Digital Shovel, the industry leading manufacturer of turnkey, mobile crypto mining containers, has announced the launch of their latest innovation, the NanoPOD. Designed specifically for small to medium mining operations, the NanoPOD stands out as the company’s most compact and efficient offering to date, setting a new standard in size and convenience. With a footprint…
This is an opinion editorial by Leon Wankum, a HODLer who is active in real estate and venture capital with a master’s degree in financial economics. Real estate has proven to be an effective store of value over the last few decades, with property prices around the world having risen sharply since the 1970s. This…