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U.S. Court Dismisses BitGo’s Lawsuit Against Galaxy Digital

[Jun 12, 2023 3:44 PM] A U.S. court has dismissed the lawsuit filed by BitGo against Galaxy Digital in relation to a failed merger previously agreed to in 2021.In the company’s response to the terminated merger agreement, BitGo had alleged that Galaxy Digital failed to…

ZEBEDEE Announces Alpha For New Social Layer Powered By Nostr

[Jun 8, 2023 8:00 AM] ZEBEDEE, a company known for its Lightning-powered ecosystem, has unveiled the alpha version of its latest app upgrade, Social. According to a press release shared with Bitcoin Magazine, this groundbreaking social layer introduces a new paradigm…

Looking Into The Role Credit Unions Can Play In Bitcoin Adoption

[Jun 2, 2023 11:46 AM] In a recent interview with Bitcoin Magazine, Chief Lending Officer Chase Larson and CEO Jed Meyer of St. Cloud Financial Credit Union, based in Minnesota, discussed their experiences with Bitcoin and their efforts to develop a bitcoin custody…

Paxful Announces Appointment Of Interim CEO Roshan Dharia

[May 30, 2023 2:12 PM] Paxful, a global peer-to-peer Bitcoin platform, has announced the appointment of Roshan Dharia as the new Interim Chief Executive Officer, effective immediately. This comes after a brief shutdown period of the exchange prior to the departure of…

Tether moves into Bitcoin mining in Uruguay

[May 30, 2023 10:15 AM] As part of its expansion into mining, Tether cited Uruguay’s capability of generating 94% of its electricity from renewable sources, including wind and solar.

Umbrel Announces New Umbrel Home Plug-And-Play Server

[May 30, 2023 7:35 AM] Umbrel, the company behind umbrelOS, has introduced a new home server solution called Umbrel Home with the intent of providing users control over their data, privacy and digital lives, according to a press release sent to Bitcoin Magazine. Priced…

Bitcoin Payments App Bottlepay To Shutdown Services

[May 25, 2023 11:36 AM] Bottlepay, a popular consumer app for Bitcoin transactions, has announced its closure on Monday, July 24, 2023, leaving users with the task of withdrawing their funds. The company stated that all accounts will be closed, and users are urged to…