Bitcoin channel

21 Feb 2023 13:39

Crypto Miner Hive Blockchain's Posts Q3 Loss as Ethereum Merge Cuts Revenue, Mining Margin
https://www.coindesk.com/business/2023/02/21/crypto-miner-hive-blockchains-posts-q3-loss-as-ethereum-merge-cuts-revenue-mining-margin/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Canadian miner is launching its high-performance computing cloud business, which is 25 more profitable than mining.

Bitcoin channel

21 Feb 2023 13:37

Hong Kong’s Approach to Crypto Regulation Could Attract Capital, Talent to Asia: Bernstein
https://www.coindesk.com/policy/2023/02/21/hong-kongs-approach-to-crypto-regulation-could-attract-capital-talent-to-asia-bernstein/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Securities and Futures Commission is adopting a “regulate to protect” approach to digital assets, the report said.

Bitcoin channel

21 Feb 2023 12:18

Litecoin Network Gets Its First NFTs After Developer Forks Bitcoin Ordinals
https://www.coindesk.com/tech/2023/02/21/litecoin-network-gets-its-first-nfts-after-developer-forks-bitcoin-ordinals/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

A copy of the whitepaper of Litecoin’s mimblewimble upgrade was put on the Litecoin blockchain.

Bitcoin channel

21 Feb 2023 08:38

Crypto in Hong Kong Getting Soft Backing From Beijing: Bloomberg
https://www.coindesk.com/business/2023/02/21/crypto-in-hong-kong-getting-soft-backing-from-beijing-bloomberg/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Report says officials from China’s Liaison Office have been spotted at crypto events in the City.

Bitcoin channel

21 Feb 2023 04:01

BitGeneration Is Bringing Bitcoin Education To Italian High Schools
https://bitcoinmagazine.com/business/bitgeneration-is-bringing-bitcoin-education-to-italian-high-schools

Starting with 10 meetings, BitGeneration seeks to bring Bitcoin training and education to Italian students.

Bitcoin channel

20 Feb 2023 23:52

Fixing The Incentives: Fiat Money Fuels Broken Corporations
https://bitcoinmagazine.com/culture/fiat-money-fuels-zombie-corporations

The broken incentives driven by fiat money props up large corporations, keeping workers unproductive and stifling entrepreneurial innovation.

Bitcoin channel

20 Feb 2023 22:14

Best-selling Author Michael Lewis To Speak At Bitcoin 2023 Conference In Miami
https://bitcoinmagazine.com/industry-events/author-michael-lewis-to-speak-at-bitcoin-2023

The author of incredible books like “The Big Short,” and “Moneyball,” will speak in a fireside chat at the Miami Conference.

Bitcoin channel

20 Feb 2023 22:11

Get Some Non-KYC Bitcoin Before You Need It
https://bitcoinmagazine.com/culture/get-non-kyc-bitcoin-before-you-need-it

With institutional banks declaring war on Bitcoin, it’s worth familiarizing yourself with permissionless methods for stacking sats.

Bitcoin channel

20 Feb 2023 22:04

Bitmain Partner BitFuFu Starts Marketplace for Crypto Mining Rig Coupons
https://www.coindesk.com/business/2023/02/20/bitmain-partner-bitfufu-starts-marketplace-for-crypto-mining-rig-coupons/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The discount coupons issued last year haven't been used because miners don't have the cash to spend on new equipment.

Bitcoin channel

20 Feb 2023 18:35

Bitcoin Layer 2 Stacks Network's STX Token Spikes 50% as 'Ordinals' Boom
https://www.coindesk.com/markets/2023/02/20/bitcoin-layer-2-stacks-networks-stx-token-surges-130-as-ordinals-boom/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Stack Network is a Bitcoin layer 2 for smart contracts aimed at unleashing the world's oldest blockchain's potential as a programmable platform.

Bitcoin channel

20 Feb 2023 16:04

Hong Kong Proposes Rules for Crypto Trading Platforms
https://www.coindesk.com/policy/2023/02/20/hong-kong-proposes-rules-for-crypto-trading-platforms/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Service platforms that do not plan to apply for a license should start preparing for closure in the jurisdiction, Hong Kong's securities regulator said.

Bitcoin channel

20 Feb 2023 16:00

Existing Stablecoins Won’t Meet Forthcoming Global Standards: FSB
https://www.coindesk.com/policy/2023/02/20/existing-stablecoins-wont-meet-forthcoming-global-standards-fsb/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The Financial Stability Board's recommendations for regulating crypto and stablecoins are set to be released in July 2023.

Bitcoin channel

20 Feb 2023 06:35

Voyager Creditors Subpoena Sam Bankman-Fried, Other Former FTX, Alameda Executives
https://www.coindesk.com/business/2023/02/20/voyager-creditors-subpoena-sam-bankman-fried-other-former-ftx-alameda-executives/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Voyager’s Creditors also subpoenaed Samuel Trabucco, Nishad Singh, Gary Wang, and Caroline Ellison

Bitcoin channel

20 Feb 2023 02:26

Klaytn Foundation to Make Changes to KLAY Tokenomics and Governance Models
https://www.coindesk.com/tech/2023/02/20/klaytn-foundation-to-make-changes-to-klay-tokenomics-and-governance-models/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin channel

18 Feb 2023 19:04

Startup Sustainable Bitcoin Protocol Completes First Transaction of Clean Mining Tokens
https://www.coindesk.com/tech/2023/02/16/startup-sustainable-bitcoin-protocol-completes-first-transaction-of-clean-mining-tokens/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Bitcoin miner CleanSpark sold clean-bitcoin tokens to alternative investment firm Melanion Capital.

Bitcoin channel

21 Feb 2023 13:38

BNB-Bitcoin Ratio Drops to Lowest Level in Six Months On Paxos-BUSD Drama
https://www.coindesk.com/markets/2023/02/21/bnb-bitcoin-ratio-drops-to-lowest-since-august/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The recent regulatory action against Binance-branded BUSD stablecoin weighs over BNB token.

Bitcoin channel

21 Feb 2023 12:19

Arbitrum-Based Factor Raises $4M on First Day of Token Offering
https://www.coindesk.com/markets/2023/02/21/arbitrum-based-factor-raises-4m-on-first-day-of-token-offering/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Factor allows users to provide asset management services to communities without learning complex code for deploying such tools.

Bitcoin channel

21 Feb 2023 12:17

How Hong Kong Is Gearing Up to Regulate Stablecoins
https://www.coindesk.com/policy/2023/02/21/how-hong-kong-is-gearing-up-to-regulate-stablecoins/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Requiring foreign entities who have already issued stablecoins to set up a Hong Kong entity for issuing stablecoins might throw up complications.

Bitcoin channel

21 Feb 2023 05:59

First Mover Asia: Bitcoin Edges Toward $25K During Slow Economic Day
https://www.coindesk.com/markets/2023/02/21/first-mover-asia-bitcoin-edges-toward-25k-during-slow-economic-day/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

PLUS: Organizers of last year’s trucker-themed "Freedom Convoy" openly flaunted a court-ordered Mareva injunction used to freeze fundraised crypto. A Canadian judge said cryptocurrencies required more study, but declined to suggest stronger rules for the country.

Bitcoin channel

21 Feb 2023 01:48

Retail Crypto Investors in Emerging Economies Hit Hardest by FTX, Terra Collapses: BIS
https://www.coindesk.com/markets/2023/02/20/retail-crypto-investors-in-emerging-economies-hit-hardest-by-ftx-terra-collapses-bis/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Over $450 billion vanished from the crypto market following the collapse of Terra's coins in May 2022 and another $200 billion was lost following FTX's bankruptcy in November 2022, the report said.

Bitcoin channel

20 Feb 2023 23:30

FTX Japan Customers Can Begin Withdrawing Fiat, Crypto on Feb. 21
https://www.coindesk.com/policy/2023/02/20/ftx-japan-customers-can-begin-withdrawing-fiat-crypto-on-feb-21/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The announcement meets a promise made in December by the ring-fenced exchange.

Bitcoin channel

20 Feb 2023 22:13

Tropic Square Completes Initial Testing On New Open-Source Secure Element Chip
https://bitcoinmagazine.com/business/tropic-square-completes-initial-testing-on-chip

The Prague-based company has been acquiring feedback and data on the performance of their open-source prototype chip for Bitcoin hardware.

Bitcoin channel

20 Feb 2023 22:06

First Mover Americas: Bitcoin ‘Ordinals’ Boom Prompts NFT Activity Surge
https://www.coindesk.com/markets/2023/02/20/first-mover-americas-lido-daos-governance-token-jumps-17/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The latest price moves in bitcoin (BTC) and crypto markets in context for Feb. 20, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Bitcoin channel

20 Feb 2023 22:02

Crypto Exchange Zipmex to Restart Customer Withdrawals After Closing Takeover Deal
https://www.coindesk.com/business/2023/02/20/crypto-exchange-zipmex-to-restart-customer-withdrawals-after-closing-takeover-deal/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Zipmex, the South East Asian cryptocurrency exchange that found itself embroiled in a credit crunch last year, will re-open customer withdrawals this week.

Bitcoin channel

20 Feb 2023 18:33

Arbitrum’s User Base Is Fastest Growing Among Leading Blockchains: Bernstein
https://www.coindesk.com/tech/2023/02/20/arbitrums-user-base-is-fastest-growing-among-leading-blockchains-bernstein/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

It is the only blockchain where liquidity locked is growing, the report said.

Bitcoin channel

20 Feb 2023 16:03

ARK Invest's Coinbase Purchase During Week of Feb 13-17 Totaled 133,321 Shares
https://www.coindesk.com/markets/2023/02/20/ark-invests-coinbase-purchase-during-week-of-feb-13-17-totaled-133321-shares/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

ARKK and ARKW bought shares in Coinbase Global Monday and Tuesday, with no activity, buy or sell, the rest of the week.

Bitcoin channel

20 Feb 2023 09:02

Crypto Hedge Fund Galois Shuts Down After Losing $40 Million to FTX: FT
https://www.coindesk.com/business/2023/02/20/crypto-hedge-fund-galois-shuts-down-after-losing-40-million-to-ftx-ft/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Galois co-founder said the fund has halted all trading as it is no longer viable post-FTX.

Bitcoin channel

20 Feb 2023 04:39

First Mover Asia: Bitcoin Opens the Week Testing $25K
https://www.coindesk.com/markets/2023/02/20/first-mover-asia-bitcoin-opens-the-week-testing-25k/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

Also: Hong Kong will unveil its new crypto licensing framework for Virtual Asset Service Providers in June, but the regulation will not allow retail investors to trade digital, contrary to what a recent tweet suggests. The regulation focuses on accredited, professional investors.

Bitcoin channel

19 Feb 2023 14:43

The Majority Of Bitcoin Mining Is Fueled By Sustainable Energy
https://bitcoinmagazine.com/business/bitcoin-uses-mostly-sustainable-energy

Contrary to a misguided Cambridge University study, Bitcoin mining leverages 52.6% sustainable energy, making it an appealing ESG investment.

Bitcoin channel

18 Feb 2023 17:49

How Bitcoin Helped Me Find The Courage To Write This Article
https://bitcoinmagazine.com/culture/bitcoin-grants-limitless-courage

For years, I lived a life of self-imposed limits. But the Bitcoin community has given me the confidence to share my perspective.