On Dec. 21, 2022, one of the largest bitcoin mining operations in the industry, Core Scientific, filed for Chapter 11 bankruptcy protection in the Southern District of Texas. According to the filing, Core Scientific has roughly 1,000 to 5,000 creditors and its estimated assets are worth between $1-10 billion. CoreContinue Reading
Bitcoin was briefly trading above $17,000 on Wednesday, as markets prepared for the release of the upcoming U.S. consumer confidence report. Today’s figure is expected to come in at a reading of 101.00 for December, which is higher than last month’s number of 100.2. Ethereum was also in the green,Continue Reading
The Ministry of Culture and Sports of Spain has decided to direct 8 million euros ($8.5 million) toward the development of video games and narrative metaverse experiences. The program, part of the Spanish “Recovery, Transformation, and Resilience Plan” will give grants directed to incubate projects in these areas in 2023.Continue Reading
As winners of the ETH hackathon in 2021, the Hackless team is now releasing the beta version of Anti-Sandwich – a gateway to safe and efficient swapping of crypto assets, avoiding public mempools and consequently, getting ‘sandwiched’. The solution has already proved effective for a play-to-earn platform and is nowContinue Reading
According to a new study, out of the estimated 55.3 million cryptocurrency holders that are spread among 33 African countries, three countries — Nigeria, South Africa, and Kenya — account for approximately 36.14 million or nearly two-thirds of this total. In contrast, the study found that Seychelles, which is homeContinue Reading
The alleged operator of crypto exchange BTC-e, Alexander Vinnik, has asked to be released on bail due to the delay in court proceedings. In early August, the Russian IT specialist was extradited to the United States to face charges of money laundering through the now-defunct coin trading platform. Vinnik’s DefenseContinue Reading
Where a Lightning-powered microtransaction paywall beats a Value4Value bitcoin ask: A nuanced breakdown. This is an opinion editorial by Will Schoellkopf, author of “The Bitcoin Dog” and host of the Bitcoin podcast “It’s So Early!” When it comes to paywalls versus #value4value, is it really all or nothing? Author’s note:Continue Reading
Virtue signaling and altruistic positions on Bitcoin are a farce. Choose Bitcoin because it’s right, not because you’re here to “help others.” This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,” founder of The Bitcoin Times and Host of the “Wake Up Podcast with Svetski.” ItContinue Reading
Pickleball and Bitcoin both value attributes that create communities interested in learning, self-improvement and fun. This is an opinion editorial by Hector Alvero, a Bitcoin educator who serves as co-host of the Broward County Bitcoiners meetup. For most of us, walking the path of our individual Bitcoin journey has changedContinue Reading
The Central Bank of Russia plans to use cryptocurrency for cross-border payments in trials with private companies, a member of its top management has revealed. The testing will be conducted under a special legal regime that’s currently under development. Russia’s Central Bank to Explore Crypto Settlements Amid Financial Sanctions TheContinue Reading
