Thomas M

The 31st of October marks the "birthday" of the Bitcoin white paper and its nine pages that made history. In 2008, Satoshi Nakamoto presented the white paper to the Cryptography Mailing List; just over two months later, the first Bitcoin block would be mined. Notably, the Bitcoin.org domain was registered over a month before, on August 18th. In fact, Satoshi had already written the code for Bitcoin before sharing the white paper. When Hal Finney, Bitcoin's famous first supporter, suggested in t

El Salvador is officially in the green on its bitcoin purchase, with its holdings of 700 bitcoin sitting at a value of around $43 million at press time. Meanwhile, the country's own Bitcoin wallet Chivo is seeing increased adoption rates. On Friday, as Bitcoin shot above $60,000 for the first time since mid-April, Chivo received 24,076 remittances totalling $3,069,761.05, El Salvador's president Nayib Bukele revealed in a Tweet. Chivo was launched in September when the Central American country

Online merchants can now accept bitcoin and Tether (USDt) issued on Bitcoin sidechain Liquid. Payments application Bitfinex Pay added support for Liquid this week; developed by Bitcoin exchange Bitfinex, the app allows online merchants to accept a selection of cryptocurrencies. While multiple payment services have integrated Bitcoin or are even dedicated to Bitcoin only, Bitfinex Pay is the first full-serve application to support payments via Liquid. The sidechain was developed by Bitcoin infr

A new acquisition has two of the oldest Bitcoin exchanges serving the British market come together: UK-focused exchange CoinCorner has acquired the customer base and domains of Coinfloor, the UK's longest-running Bitcoin exchange. All of Coinfloor's customers will now be transferred to CoinCorner, the exchanges told the BTC Times. Coinfloor and CoinCorner have been serving the UK market for years, with both exchanges being among the oldest in the region. The migration will provide Coinfloor's

A pioneering nation state in all things Bitcoin, El Salvador is making moves to get into bitcoin mining — using geothermal energy from one of its 11 volcanos. An idea born on a Twitter Spaces session on the day El Salvador's parliament passed the "Ley Bitcoin" (Bitcoin Law), Nayib Bukele has moved forward with the concept of a volcano-powered bitcoin mine and shared a teaser video on Tuesday showing the work being done on the project. The cinematic video shows drone footage of an industrial fa

UK-focused Bitcoin exchange CoinCorner has gone carbon-neutral. The company announced on Tuesday that it has calculated the carbon emissions produced by staff commutes, office electricity, partner companies utilized, and every transaction it passes through the Bitcoin network, and has partnered with two charities to offset those emissions. As part of its carbon neutrality pursuit, CoinCorner has pledged to plant at least 6,000 trees a year. "We know CoinCorner going carbon neutral may seem li

Bitcoin.org appears to have been taken over to promote a giveaway scam. The website, which has been a popular destination for those seeking information on Bitcoin — not least thanks to its domain name — now displays a pop-up asking visitors to send money to a Bitcoin address, which it says will then be doubled and sent back. The scheme is a popular approach by scammers, as once funds are sent, the transaction is final and there is no way to reclaim the money. This particular type of giveaway s

The first country to make Bitcoin legal tender, El Salvador has also become the first nation state to routinely buy the Bitcoin dips. When on "Bitcoin Day," the day the Central American nation's Bitcoin Law went into effect, Bitcoin dropped from $52,000 to to the $47,000 range, Salvadoran president Nayib Bukele first showed his "BTFD" (buy the [expletive] dip) mentality. Having bought the country's first 200 bitcoin in the early morning hours of September 7th and doubled the stack to 400 later