Posts published on June 1, 2023 go to media archive 1/3

Wealthy Investors and Family Offices Embrace BTC Following Bank Failures, Says Swan Bitcoin Executive

According to Steven Lubka, the head of private clients and family offices, as well as the managing director at Swan Bitcoin, wealthy investors and private offices have been gravitating towards bitcoin since the downfall of Silicon Valley Bank…

Elon Musk Warns Commercial Real Estate ‘Melting Down Fast’ — Predicts ‘Home Values Next’

Tesla and Spacex CEO Elon Musk says commercial real estate is “melting down fast,” warning that home values will be next. Some experts disagree with Musk regarding the residential real estate market, including Shark Tank star Barbara Corcoran…

U.S. Commodities Agency May Change Risk Rules to Consider Crypto

The U.S. Commodity Futures Trading Commission (CFTC) has proposed an overhaul of its rules for risk management, and Commission Christy Goldsmith Romero said the changes should insist firms prepare themselves for crypto volatility and the risks from…

Economist Peter Schiff Warns of US Dollar Crisis and ‘Catastrophic End’ — National Debt Will ‘Spiral out of Control’

Economist Peter Schiff has warned of an impending U.S. dollar crisis. He predicted that with the new debt ceiling deal, “reckless government spending and borrowing will continue until a sovereign debt and U.S. dollar crisis bring it to a…

BTCPay Server Releases 1.10.0 Update With New Store Management System And Privacy Features

BTCPay Server has released its latest major update, version 1.10.0, featuring a range of enhancements and new features.One notable addition is the drag-and-drop form builder UI, which allows users to easily design customizable forms for collecting…

Russian Businesses Ask Putin to Help Legalize Crypto

A body representing the interests of Russian businesses has called on president Putin to help with crypto legalization. Their proposals, including on the use of cryptocurrencies in foreign trade settlements, have been included in a report to…

Cleanspark Bolsters Hashrate With $40.5M Purchase of 12,500 Bitcoin Miners

On June 1, 2023, Cleanspark, a publicly-traded bitcoin mining company, declared the acquisition of 12,500 Antminer S19 XP bitcoin miners for $40.5 million. The purchase is expected to raise Cleanspark’s hashrate by an extra 1.76 exahash per…