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Bitcoin Hashrate Records New ATH Surpassing 740 EH/s

[Sep 3, 2024 10:13 AM] 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.JUST IN: #Bitcoin's hash rate hit a new ALL TIME HIGH …

Plastic Surgery Fails to Help Crypto Scammer Evade Arrest After 10 Months

[Sep 2, 2024 3:30 AM] South Korean police arrested a man in his 40s for orchestrating a cryptocurrency scam that defrauded 158 investors of 16 billion won ($12 million). Operating from November 2021 to June 2022, he promised an 18% monthly return on investments in a…

Anthropic CEO says future of AI is a hive-mind with a corporate structure

[Aug 31, 2024 6:47 PM] Even artificial workers can’t escape the bureaucracy.

OpenAI to expand ‘capped for-profit’ status to woo whale investors — report

[Aug 30, 2024 9:06 PM] The change comes amid reports the firm plans to hold an investment round at a valuation of more than $100 billion. 

BlackRock's Bitcoin ETF Saw Outflow For the First Time Since May

[Aug 30, 2024 10:50 AM] BlackRock's spot Bitcoin exchange-traded fund (ETF), the iShares Bitcoin Trust, experienced an outflow of $13.5 million on Thursday. This was IBIT's first outflow since May 1st. Thursday's outflow was the second ever for the iShares Bitcoin Trust…

Australian Spot Bitcoin ETF Keeps on Buying

[Aug 29, 2024 1:37 PM] Australia's two spot Bitcoin ETFs—the VanEck Bitcoin ETF and Monochrome's IBTC—have steadily accumulated Bitcoin holdings since launching earlier this year. The sustained inflows highlight growing Bitcoin demand in the region.The VanEck Bitcoin ETF…

Leading Bitcoin Miner GDA Plans Mining Expansion to 400 MV Leveraging Renewables

[Aug 29, 2024 1:01 PM] Genesis Digital Assets (GDA), one of the world's largest Bitcoin mining companies, has announced plans to expand its recently launched Texas data centre to 400 megawatts. The ambitious phase two scaling highlights GDA's commitment to Texas as a…

Lightspark Introduces Instant Bitcoin Lightning Payments for U.S. Businesses with New Feature

[Aug 28, 2024 7:07 PM] Lightspark, a leading Bitcoin Lightning Network payments company, has announced the launch of Lightspark Extend, its new solution that allows businesses to facilitate instant Lightning payments to eligible account holders in the United States. NOW…

Bitwise Brings The Bitcoin Ethos To Wall Street

[Aug 28, 2024 2:37 PM] Company Name: Bitwise Asset ManagementFounders: Hong Kim and Hunter HorsleyDate Founded: December 2016Location of Headquarters: San Francisco, CA and New York, NYAmount of Bitcoin Held in Treasury: UndisclosedNumber of Employees: 65Website…

Bitcoin ETFs Saw the Largest Outflow in Over Three Weeks

[Aug 28, 2024 12:06 PM] U.S. spot Bitcoin exchange-traded funds (ETFs) recorded $127 million in net outflows on Tuesday, marking the largest single-day withdrawal since Aug. 6. The outflow ended an eight-day streak of positive inflows totalling $756 million.On Tuesday…

Hilbert Group Partners with Xapo Bank to Launch $200 Million Bitcoin Hedge Fund

[Aug 27, 2024 2:49 PM] Hilbert Capital, a division of Hilbert Group AB, has entered into a significant partnership with Xapo Bank to manage a new Bitcoin hedge fund, according to a press release sent to Bitcoin Magazine. The fund is expected to receive over $200 million…

BlackRock's Bitcoin ETF Saw Highest Inflow in Over a Month

[Aug 27, 2024 9:39 AM] On Monday, BlackRock's spot Bitcoin exchange-traded fund (ETF) saw its largest single-day inflow in over 35 days. The iShares Bitcoin Trust (IBIT) took in $224 million in net inflows.NEW: While others are selling, BlackRock’s #Bitcoin ETF sawâ€

Semler Scientific Buys Additional $5 Million Worth of Bitcoin

[Aug 26, 2024 1:03 PM] Medical device company Semler Scientific announced it purchased an additional 83 Bitcoin for $5 million in cash. This latest buy expands Semler's total Bitcoin holdings to 1,012 BTC acquired for $68 million.JUST IN: Public Company Semler…

Hong Kong Bitcoin ETFs Hits HK $2 Billion in AUM

[Aug 26, 2024 9:37 AM] The three spot Bitcoin exchange-traded funds (ETFs) in Hong Kong have surpassed HK$2 billion (around $272 million) in assets under management since launching earlier this year.NEW: Hong Kong #Bitcoin ETFs surpass HK $2 billion in assets under…

WazirX announces INR withdrawals will resume on Aug. 26

[Aug 23, 2024 6:04 PM] The crypto exchange did not provide a timeline on when crypto withdrawals might resume, citing legal issues.

4,500 Companies Now Pay Their Employees in Bitcoin Using Bitwage

[Aug 23, 2024 1:04 PM] As Bitwage celebrated its 10-year anniversary today, the company highlighted its growth in enabling Bitcoin and crypto payroll solutions. Since 2014, Bitwage has focused on bringing transparency and efficiency to global workforce payments.Bitcoin…

US Bitcoin ETFs Saw the Sixth Consecutive Day of Inflows

[Aug 23, 2024 10:57 AM] US spot Bitcoin exchange-traded funds recorded their sixth straight day of net inflows on August 23rd, totalling around $65 million. The sustained run of positive flows highlights the growing institutional demand for regulated Bitcoin…

Hong Kong Spot Bitcoin ETFs Saw Highest Inflows in a Month

[Aug 22, 2024 9:49 PM] Hong Kong's spot Bitcoin ETFs saw their largest inflow of funds in over a month today, highlighting growing Asian interest in Bitcoin investment vehicles.JUST IN: Hong Kong #Bitcoin ETFs saw $15 million in inflows today, the highest in a…

Tim Draper Invests in Ark Labs to Make Bitcoin Payments Easier

[Aug 22, 2024 1:00 PM] Bitcoin scaling proposal Ark is getting closer to reality. After a year of research focused on refining the reference implementation, Ark Labs announced today the completion of a $2.5 million pre-seed funding round led by Tim Draper and his firm…

Gryphon Digital Mining Acquires Low-Cost Bitcoin Mining Operations at $0.01/kWh

[Aug 21, 2024 5:59 PM] Gryphon Digital Mining, Inc. (NASDAQ: GRYP) has taken a big step in lowering its power costs by acquiring Bitcoin mining operations in Louisiana that leverage ultra low-cost electricity at approximately $0.01 per kilowatt hour (kWh). Gryphon…

Theya Introduces Direct-To-Wallet Bitcoin Purchases

[Aug 21, 2024 2:32 PM] Multisig bitcoin vault maker Theya announced yesterday it will enable US users to purchase bitcoin through their app and have it sent directly to self-custody via hardware wallets like Ledger, Trezor, Foundation and ColdCard or through its multisig…

Bitcoin Lightning Startup TMRW Raises $1.3 Million Funding

[Aug 21, 2024 12:31 PM] Miami-based Bitcoin startup TMRW has raised $1.3 million in pre-seed Funding to develop its social payments app powered by the Bitcoin Lightning Network. Maple VC led the funding round, and Bitcoin angel investors like Brad Mills joined the…

Mt. Gox Moves Over $700 Million in Bitcoin

[Aug 21, 2024 12:02 PM] The notorious Mt. Gox exchange has made its first major Bitcoin transaction in weeks, shifting over $700 million worth of BTC to unknown wallets.According to data tracked by Arkham Intelligence, Mt. Gox moved 12,000 BTC worth $709 million to one…

River: A Bitcoin Brokerage Built From The Ground Up

[Aug 20, 2024 8:32 PM] Company Name: RiverFounders: Alexander LeishmanDate Founded: February 2019Location of Headquarters: Columbus, OHAmount of Bitcoin Held in Treasury: Proof of reserves launching soonNumber of Employees: 50Website: https://river.com/Public or Private?…

Ledn Secures Industry First $50M Bitcoin-Backed Syndicated Loan from Sygnum

[Aug 20, 2024 3:02 PM] Ledn, a leading digital lending platform, has officially secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group with ~$4.5 billion in client assets, according to a press release sent to Bitcoin…

Metaplanet Buys Additional ¥500 Million Worth of Bitcoin

[Aug 20, 2024 8:50 AM] Metaplanet, a publicly traded Japanese company, has purchased another ¥500 million ($3.7 million) worth of bitcoin. This latest buy comes after the firm secured a ¥1 billion loan last week to acquire Bitcoin.JUST IN: Japanese public company…

Bitwise Acquires ETC Group, Europe's Largest Physical Bitcoin ETP Issuer

[Aug 19, 2024 2:41 PM] Bitwise Asset Management has announced the acquisition of London-based ETC Group, the issuer of Europe’s largest physical Bitcoin ETP (BTCE), according to a press release sent to Bitcoin Magazine. This acquisition not only expands Bitwise’s globalâ€

94% of Bitcoin's Supply Has Now Been Issued

[Aug 19, 2024 10:13 AM] A milestone has been reached in Bitcoin's supply schedule - 94% of the total Bitcoin supply has now been issued through mining. Out of a hard-capped total of 21 million BTC, over 19.74 million have been mined so far. Bitcoin's supply is issued…

Bitcoin Non-Profit â‚¿trust Announces Q3 Grants For Open-Source Developers

[Aug 16, 2024 5:41 PM] ₿trust, an initiative committed to supporting open-source Bitcoin developers based in the Global South, has announced the recipients of its Q3 Starter Grants and the new members of its ₿trust Open-Source Cohort.1/ Announcing the ₿trust Q3…

South Korean Pension Fund Buys $34 Million in MicroStrategy Shares

[Aug 16, 2024 9:28 AM] South Korea's National Pension Service (NPS) has purchased $34 million worth of shares in MicroStrategy, the business intelligence firm that has accumulated billions in Bitcoin.JUST IN: South Korean pension fund reports buying $34 million in…