Category Crypto

Stablecoin issuer Tether has significantly expanded its Bitcoin holdings, acquiring 8,888 BTC worth around $600 million. This latest purchase was revealed through on-chain data rather than an official announcement. Tether has not publicly disclosed its Bitcoin addresses. However, transactions tracked on…

Some Nigerians were shocked when crypto exchange Binance announced they would discontinue all services in Nigeria by March 8. Despite facing scrutiny from regulators before the announcement, many people still asked how the biggest exchange in crypto could just disappear…

In a significant move, Google has begun indexing Bitcoin blockchain data into its search engine results. Users can now search for Bitcoin addresses and see transaction details directly in Google searches. NEW: Google has recently started indexing #Bitcoin data into…

In December, I had the privilege of attending the Africa Bitcoin Conference (ABC) in Accra, Ghana. As a public health professor with a background in health education and community health, this may seem like an odd conference to attend, but…

Sam Bankman-Fried, founder of the FTX cryptocurrency exchange, has been sentenced to 25 years in prison by a judge in New York for orchestrating an $8 billion theft from FTX customers. 🚨 BREAKING: JUDGE SENTENCES SAM BANKMAN-FRIED TO 25 YEARS…

The demand for US spot Bitcoin ETFs surged significantly on Tuesday, outpacing the new supply created daily by miners by a remarkable 614%, according to Gayatri Choudry, Quantitative Research Analyst at Bitwise Asset Management. Demand from US BTC ETFs exceeds new BTC…

BlackRock CEO Larry Fink has made bullish remarks about Bitcoin today on Fox Business, stating that their spot Bitcoin ETF, $IBIT, is experiencing unprecedented growth, making it the fastest-growing ETF ever. JUST IN: BlackRock CEO Larry Fink says their spot…

Bitcoin Lightning Network company Neutronpay has secured a $1.5 million bridge funding round led by Axiom Capital, according to a press release sent to Bitcoin Magazine. This investment is to help Neutronpay bring instant and cost-effective payment solutions in Southeast Asia’s digital…

Today, a freelance developer focused on Bitcoin and the Lightning Network, Super Testnet, unveiled his latest invention, Hedgehog, a protocol for asynchronous layer two bitcoin payments. “This is a protocol similar to the Lightning Network,” Super Testnet stated. “And that…

The London Stock Exchange has announced that it will accept applications for the admission of Bitcoin Crypto Exchange-Traded Notes (ETNs) starting from April 8, 2024. This decision follows the Exchange’s earlier notice on March 11, indicating its intention to allow…

The Bitcoin Company has unveiled its new Remittances API, allowing individuals and financial institutions to send instant payments to any bank account in Mexico and Brazil in under 1 second, according to a press release sent to Bitcoin Magazine. This…

FTX’s collapse demonstrated the wisdom of segregating the activities of market making on the one hand (Alameda) from those of running an exchange (FTX) and a custodian (FTX again) on the other. However, the question of whether to segregate the…

In a fireside chat today at the Bitcoin Investor Day by Reflexivity Research, Robert Mitchnick, the Head of Digital Assets at BlackRock, shared insights into the asset manager’s approach to Bitcoin, cryptocurrencies and the future of the crypto market. Mitchnick emphasized…

I wanted to share some thoughts on a seemingly overlooked innovation that has come to Bitcoin within the last year, called Bitpacs. Bitpac stands for a Bitcoin Based Publicly Auditable Cooperative. Bitpacs are essentially normal bitcoin multisig wallets with the…