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Braiins and Spiral Work Together To Upgrade Stratum V2
Braiins and Spiral Work Together To Upgrade Stratum V2

Braiins, a mining company that is known for its very popular mining pool, has partnered with open-source Bitcoin development initiative Spiral to establish a working group to accelerate the adoption of Stratum V2.  Stratum V2, a Bitcoin mining communication protocol, acts as a bridge between miners, their pools, and the Bitcoin network. These channels for communication are how miners are able to receive block rewards and show their work. The working group will focus on sharing tools in order t

News • Bitcoin  • Oct 20, 2022
Singapore's DBS Bank Aims To Expand Bitcoin Services
Singapore's DBS Bank Aims To Expand Bitcoin Services

DBS Group Holdings is the largest bank in Singapore and has recently announced that they plan to expand their Bitcoin and cryptocurrency services to 300,000 of its wealthiest clients. As of the end of 2021, DBS holds $488 billion in total assets. The bank currently has less than 1,000 members on the exchange. The expansion includes an upgrade for their mobile app to be easier to manage. The upgrade will also allow clients to manage digital assets on the app. The clients of DBS include accredite

News • Bitcoin  • Sep 07, 2022
World’s Largest Bitcoin ATM Firm Will List on the Nasdaq
World’s Largest Bitcoin ATM Firm Will List on the Nasdaq

In the first quarter of 2023, one of the largest North American Bitcoin and cryptocurrency ATM providers aims to list its shares on the Nasdaq. Bitcoin Depot is planning to go public via a special-purpose acquisition company (SPAC).  GSR II Meteora Acquisition Corp. (GSRM) is a SPAC investor and will be merging with Bitcoin Depot while trading under the ticker symbol BTM. The listing will help the company penetrate a larger market, such as bringing their ATMs to New York in the future.  The CE

News • Bitcoin  • Aug 26, 2022
Luxury Resort Chain Soneva Now Accepts Bitcoin
Luxury Resort Chain Soneva Now Accepts Bitcoin

Soneva, a privately held company that helps travelers navigate paperwork for booking in foregin countries, has introduced Bitcoin as a payment option for customers. Bitcoin payments are acceptable for the following locations: Soneva Fushi, Soneva Jani, Soneva in Aqua in the Maldives, and Soneva Kiri in Thailand. Soneva also offers help with villa ownership in the Maldives, the only company to provide foregin ownership in the Maldives. How does this work? How would you navigate the exchange ra

News • Bitcoin  • Aug 18, 2022
Galaxy Digital Terminates Acquisition of BitGo
Galaxy Digital Terminates Acquisition of BitGo

Galaxy Digital Holdings Ltd. (TSX: GLXY) run by the well known Mike Novogratz, has announced that the company will be reorganizing to become a Delaware-based company along with terminating their deal to acquire BitGo, an institutional digital asset platform.  Galaxy, which is headquartered in New York and has offices in Chicago, New Jersey, London, Amsterdam, Hong Kong, Tokyo, and the Cayman Islands, called off the deal due to claims that BitGo did not provide audited financial statements by th

News • Bitcoin  • Aug 16, 2022
Coinbase's Latest Earnings Report Reveals $1.1 Billion Loss
Coinbase's Latest Earnings Report Reveals $1.1 Billion Loss

Coinbase ($COIN:Nasdaq), the most popular exchange in the U.S. for cryptocurrencies, has once again missed the mark. The exchange reported a record $1.1 billion second-quarter loss and lower-than-expected revenue. While still licking its wounds from its failure to launch a NFT Marketplace similar to OpenSea, Coinbase revealed that revenue fell 31% to $808 million in Q2 of this year. Looking back at Q1 of 2022, the exchange reported a net loss of $430 million. On top of missed expectations for

News • Business • Aug 12, 2022
UAE’s Biggest Discount Store Day To Day Accepts Bitcoin as Payment
UAE’s Biggest Discount Store Day To Day Accepts Bitcoin as Payment

The United Arab Emirates (UAE) continues down the path of doing its best to become a Bitcoin haven. The largest discount store in the country has announced that they will accept Bitcoin as payment in both its online and physical stores. The Khaleej Times hailed the move as a “next step into the future cryptocurrency.” While other countries continue to push for regulation on Bitcoin and other cryptocurrencies, the momentum for smaller countries accepting Bitcoin with open arms continues to devel

News • Bitcoin  • Aug 09, 2022
Investview To Increase Hash Rate by 50% From Renewable Energy Sources
Investview To Increase Hash Rate by 50% From Renewable Energy Sources

Investview is a financial technology company with diversified investments in education tools, content, research, and management of digital asset technologies. This includes a primary focus on Bitcoin mining. Investview will expand its mining operation through its SAFETek subsidiary where it “has entered a transaction to expand its Bitcoin mining farm operation through the purchase and planned deployment by the end of its third quarter of 1,705 new Whatsminer M30s ASIC mining servers.” The aim

News • Bitcoin  • Aug 06, 2022