Stablecoins have so far dominated the crypto payment market, but some Bitcoin developers believe there’s a proposal out there that could offer a legitimate alternative. Seven years ago, Dorier, a long-time developer, set out to democratize bitcoin payment processing by launching a free and open-source alternative to the then-dominant BitPay:Continue Reading
DBS, Singapore’s largest bank, announced it would begin offering over-the-counter (OTC) options trading and structured notes linked to Bitcoin and crypto for institutional clients. As a leading Asian financial institution with over $360 billion in assets under management, DBS is the latest major traditional bank to embrace Bitcoin-linked financial products.Continue Reading
Maelstrom, the family office of Arthur Hayes, has awarded the first grant from its Bitcoin developer program to contributor Rkrux. The funding will support Rkrux working full-time on Bitcoin Core. Bitcoin relies on voluntary developers to maintain its codebase as an open-source project. Maelstrom recently launched a grant program toContinue Reading
MicroStrategy, a leading business intelligence and Bitcoin development company, has announced a proposed private offering of $700 million in convertible senior notes, due 2028. The offering will be made to institutional buyers under Rule 144A of the Securities Act. The company also plans to grant an option for purchasers toContinue Reading
This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. “Anarchy is order; government is civil war.” – Bellegarrigue The advent of decentralized money gave rise to an intriguing cognitive bias among early adopters. Bitcoin’s success is convincing many that we can do away withContinue Reading
On the heels of tour stops in Arizona, Nevada and Detroit, the America Loves Crypto tour rolled into Wisconsin on Friday, September 13, where local Bitcoin and crypto voters in the state rallied in support of pro-crypto candidates for the upcoming US elections. At the Red Rock Saloon in Milwaukee,Continue Reading
South Asian country Bhutan, a Buddhist kingdom on the Himalayas’ eastern edge, has been revealed as a major Bitcoin holder, owning 13,011 BTC worth around $780.49 million, according to a report by Arkham Intelligence. The public data company identified Bhutan’s Bitcoin addresses, marking the first time this information has been publicly shared. “BhutanContinue Reading
The debt based monetary system has become quite extreme. On one hand, the US crossed the $35 trillion national debt milestone, placing a $104k burden on every US citizen. On the other hand, the Congressional Budget Office (CBO) puts federal expenditures for 2024 at 24.2% of GDP. This divergence betweenContinue Reading
In the wake of Mi Primer Bitcoin’s three-year anniversary, the El Salvador-based organization announced that it has promoted two of its staff members — Reyna Chicas and Quentin Ehrenmann — to leadership positions. Chicas, a native Salvadoran who has been with the organization for approximately two years, has quickly ascendedContinue Reading
The closure of a Bitcoin mining facility in the Norwegian town of Hadsel has led to a 20% increase in electricity bills for residents. The mine was shut down after the municipality declined to renew its permit due to noise complaints. Kryptovault operated the mining facility for 20% of localContinue Reading
