U.S. spot Bitcoin ETFs witnessed a significant exodus of funds, with $287.8 million withdrawn across the listed ETFs yesterday, marking the largest single-day outflow since May 1, Farside Investors data reveals. According to Arkham data, the only ETF that did not experience withdrawals was BlackRock, which reported zero outflows. EIGHT ETFsContinue Reading
As we enter a new era of development on Bitcoin, it has become very hard for most people to understand the nuances of the L2 debate, and ever harder to follow some of the technical jargon associated with it. Sidechains, rollups, sequencer, multisig, ZKP…. In this report, we’ll try toContinue Reading
Zürcher Kantonalbank (ZKB), Switzerland’s fourth-largest bank, has begun offering its clients Bitcoin and crypto trading and custody services. With over $290 billion in assets under management, ZKB provides services to retail, corporate, and institutional clients. JUST IN: 🇨🇭$290 billion Zurich Cantonal Bank launches #Bitcoin and crypto offerings. pic.twitter.com/ILUTSHWn8V — BitcoinContinue Reading
This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. When Craig Raw talks, you listen. His deep voice has a gravity to it, bolstering the urgency of the points he makes. It’s like that voice in the back of your head that you hearContinue Reading
Today, the FBI issued an alert warning that North Korean hackers are targeting U.S. cryptocurrency exchange-traded funds (ETFs) in a bid to steal digital assets. The hackers are using advanced social engineering techniques to breach the security of companies associated with these financial products, the FBI stated. According to theContinue Reading
Two weeks ago I attended the Democratic National Convention. The chief reason I did so was to try and encourage an impartiality to our coverage of politics as it relates to the election and Bitcoin here at Bitcoin Magazine. Earlier this year we were invited the the Republican National ConventionContinue Reading
Company Name: Relai Founders: Julian Liniger and Adam Bilican Date Founded: July 2020 Location of Headquarters: Zurich, Switzerland Amount of Bitcoin Held in Treasury: One-third of Relai’s treasury Number of Employees: 30 Website: https://relai.app/ Public or Private? Private Julian Liniger is on a mission to give more Europeans exposure toContinue Reading
The Bitcoin network hash rate reached a new all-time high on September 3rd, surpassing 740 exahashes per second (EH/s). This comes even as Bitcoin prices trade below $60,000. A higher hash rate reflects more computational resources spent processing transactions and mining new Bitcoin. This is despite Bitcoin sliding over 10%Continue Reading
Recently, I’ve been reading about the foundations of the American Labor Movement. Specifically, the birth of the Industrial Workers of the World and a group called the Wobblies, a nickname given to IWW Members. At its peak, the IWW had over 150,000 members in 1917, with global memberships and significantContinue Reading
This article is featured in Bitcoin Magazine’s “The Privacy Issue”. Subscribe to receive your copy. First they ignore you, then they laugh at you, then they fight you, then you win.The quote—commonly misattributed to Mahatma Gandhi—has been overused to the point of exhaustion in the Bitcoin space, typically invoking theContinue Reading
