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Trading Shares Of Bitcoin Miner Argo Blockchain Suspended

[Dec 9, 2022 4:14 PM] A Friday operational update halted trading of the embattled bitcoin miner in the United Kingdom and United States.On Friday, the trading of shares of Argo Blockchain (NASDAQ: ARBK) was suspended in both the U.S. and U.K.Particular reasoning for the…

Ledger Announces New Ledger Stax Wallet

[Dec 6, 2022 9:07 AM] The company unveiled a new stylish hardware wallet designed by a former Apple engineer at a Paris event today.Bitcoin and cryptocurrency hardware wallet manufacturer Ledger has announced a new wallet designed by former Apple engineer Tony Fadell…

Bitcoin App Strike Launches Instant, Cheap Remittances To Africa

[Dec 6, 2022 7:30 AM] People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittance payments in local currency through Bitcoin’s Lightning Network.Bitcoin payments app Strike said in a statement Tuesday that it had launched Send Globally, a new feature…

Riot Blockchain Announces Record High Hash Rate Capacity

[Dec 5, 2022 1:20 PM] Although hash rate capacity is at a record, mining conditions did lead to a relative underperformance in bitcoin received throughout the month.Riot Blockchain has released its unaudited production and operations updates for November 2022. According…

Data Suggests Bitcoin Miners Have Capitulated, Bottom Is Close

[Dec 5, 2022 10:27 AM] The inflection point in every bitcoin bear market is capitulation, and the mining sector may have just reached its own trough of bearishness.This is an opinion editorial by Zack Voell, a bitcoin mining and markets researcher.Bitcoin miners often…

Built With Bitcoin Opens Bitcoin Technology Center In Ejisu, Ghana

[Dec 5, 2022 4:00 AM] The educational center hopes to create and maintain a Bitcoin circular economy and is focused on financial literacy and empowermentThe Built With Bitcoin Foundation (BWB) has opened a new Bitcoin Technology Center in Ejisu, Ghana, a city in Greater…

The FTX Ponzi: Uncovering The Largest Fraud In Crypto History

[Dec 2, 2022 2:00 AM] Modern day alchemy, unsurprisingly, failed. A deep dive into FTX and the events leading to the collapse of the now notorious crypto exchange. The below is an excerpt from the Bitcoin Magazine Pro report on the rise and fall of FTX. To read and…

Collapsing Crypto Yield Offerings Signal ‘Extreme Duress’

[Dec 1, 2022 2:00 AM] The leverage-fueled mania in crypto is over with yield arbitrage opportunities collapsing. How can companies still offer yield products above risk-free rates? The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin…

Fidelity Begins Opening Retail Bitcoin Trading Accounts

[Nov 28, 2022 1:26 PM] Certain users have received emails detailing their new access to purchase and sell bitcoin on the Fidelity platform.Fidelity, one of the world’s largest financial services providers, has officially started opening retail bitcoin trading…

Crypto Lender BlockFi Files For Bankruptcy

[Nov 28, 2022 10:21 AM] The filing indicates that the firm could have up to $10 billion in liabilities, as contagion from FTX spreads.BlockFi has filed for chapter 11 bankruptcy, according to a press release.The lending platform is the latest victim of contagion within…