Category: Cryptocurrency

Apr 08
60 Minutes feature on El Salvador’s Bitcoin Beach will air Sunday

Sharyn Alfonsi, a journalist and 60 Minutes correspondent, interviewed Mike Peterson, one of the people who funded the Bitcoin Beach project and encouraged crypto adoption. 909 Total views 13 Total shares 60 Minutes, the CBS news show that has been running since 1968, will feature El Salvador’s Bitcoin Beach in a new episode airing April […]

Apr 08
South Africa finishes technical PoC for wholesale CBDC settlement system

South Africa has taken another step closer to implementing its central bank digital currency (CBDC) as the South African Reserve Bank (SARB) concludes a technical proof-of-concept for the project. The project titled Project Khokha 2 (PK2) is the second phase of SARB’s Project Khokha (PK1), launched in 2018. It experimented with distributed ledger technology (DLT) […]

Apr 08
Water great idea! Bitcoin mining heats this swimming pool

A Bitcoiner has “pooled” off another mining innovation. The “waste” heat generated by mining Bitcoin (BTC) is used to warm his swimming pool.  Bitcoin enthusiast Jonathan Yuan had kids who “love swimming, but the year before [he started using waste heat], they barely ever did it because it was always too cold for them.” Fortunately, […]

Apr 08
Russians collectively hold $130B in crypto, Prime Minister says

Russians reportedly hold about $130 billion in cryptocurrency but the government is yet to adopt crypto legislation. 2612 Total views 34 Total shares The Russian prime minister declared that the cryptocurrency holdings of Russians are worth billions of dollars but the government is yet to adopt a regulatory framework for the industry. Russians collectively hold […]

Apr 08
Kraken shuts down global headquarters as ‘San Francisco is not safe’

In a Tweet, Kraken CEO Jesse Powell has made the decision to close the Kraken global headquarters in San Francisco. 4206 Total views 74 Total shares The Golden City is losing its shine as one of the largest United States-based cryptocurrency exchanges closes its San Francisco-based headquarters.  Kraken CEO, Jesse Powell retweeted that Kraken will […]

Apr 08
Shopify Bitcoin payments integration triggers legal questions from the community

Attorney Kevin Thompson thinks that the event will make regulators frustrated, leading to the creation of reporting requirements for Shopify. 215 Total views 23 Total shares Following the announced integration of the payment app Strike with e-commerce platform Shopify to accept Bitcoin (BTC) through the Lightning Network, the crypto community raised concerns over the legal […]

Apr 08
Aussie opposition under fire as election looms: ‘7 words is not a crypto policy’

Australia’s opposition Labor party is facing criticism over its lack of formal policy regarding the cryptocurrency industry just days before a national election is expected to be called Prime Minister Scott Morrison, from the Liberal Party, is expected to fire the starters pistol for a Federal election this weekend. However, the Australian Labor Party (ALP) […]

Apr 08
Terra buys $200M in AVAX for reserves as rival stablecoins emerge

The two main organizations behind the development of the Terra blockchain have purchased a combined $200M in AVAX while Near Protocol is rumored to release a new stablecoin. 1687 Total views 14 Total shares Terraform Labs (TFL) and the Luna Foundation Guard (LFG) have announced they have purchased a combined $200 million worth of AVAX […]

Apr 08
Lightning to strike Shopify merchants with addition of BTC payments

Jack Mallers announced the new integration today at the Bitcoin 2022 conference and hopes to give more people access to what he sees as a better monetary system. Chicago-based payment app Strike has integrated with global e-commerce giant Shopify so merchants can accept Bitcoin payments via the Bitcoin Lightning Network. The Lightning Network (LN) is […]

Apr 08
Bitcoin 2022: Thiel calls Buffett ‘sociopathic’, Mexican billionaire has 60% in BTC

The Bitcoin 2022 conference was packed with new announcements, however Peter Thiel stole the show by throwing $100 bills into the crowd and calling Warren Buffet a “sociopathic grandpa.” 702 Total views 44 Total shares Day two of the Bitcoin 2022 in Miami was as colorful as we’ve come to expect, with Pay-Pal co-founder and […]