The recent surge in Bitcoin has more people talking about investing Alabama State Auditor Andrew Sorrell has expressed optimism about the potential benefits of cryptocurrency for the state, calling it an opportune moment to embrace digital assets. In a recent interview, Sorrell, a long-time crypto advocate, proposed the idea of creating a state Bitcoin reserve
Tag: Bitcoin
Virgin Voyages’ New Annual Pass Program To Accept Crypto Payments
The company claims to be the first cruise line to accept crypto for its operations Virgin Voyages has unveiled its latest innovation in the cruise industry: an Annual Pass program launching in 2025, which will allow customers to pay using cryptocurrency. This makes Virgin Voyages the first cruise line to integrate Bitcoin payments into its
Coinbase Drops Wrapped Bitcoin Coverage in December
The exchange doesn’t feel the Bitcoin offshoot is meeting its obligations Coinbase has announced it will halt trading of Wrapped Bitcoin (WBTC) on December 19, 2024, due to the token no longer meeting its listing standards. This decision affects all trading on Coinbase platforms, including Advanced Trade, Coinbase Exchange, and Coinbase Prime. Users will still
Bitfinity Network To Create Ethereum Virtual Machine-Compatible DeFi Solution
Polychain and others have provided $12 million in funding to support the initiative The Bitfinity Network, a Bitcoin layer-2 (L2) protocol, has launched with a vision to bridge the gap between Bitcoin and decentralized finance (DeFi). Backed by $12 million in funding, the initiative aims to create Ethereum Virtual Machine (EVM)-compatible DeFi functionality for Bitcoin
Man Behind QAnon Documentary May Unmask the Real Satoshi in New Program
Cullen Hoback is airing a new Bitcoin-based documentary on HBO Cullen Hoback, the filmmaker known for his investigative HBO series “Q: Into the Storm,” has hinted at uncovering one of the most elusive mysteries of the digital age: the identity of Bitcoin’s creator, Satoshi Nakamoto. His new documentary, titled “Money Electric: The Bitcoin Mystery,” is
Bitcoin ETFs Are Helping Fuel Interest in Cryptocurrency This Year
The number of crypto transactions has risen significantly in 2024 Interest in cryptocurrency has surged in 2024, with much of the excitement fueled by the introduction of Bitcoin exchange-traded funds (ETFs). These ETFs, particularly spot Bitcoin ETFs launched in the US in early 2024, have played a major role in boosting crypto activity across the
Another Bitcoin Miner Has Claimed a $180,000 Reward for Mining a Block
Several Bitcoin miners have received huge payouts for their dedication A Bitcoin miner has recently secured a not-so-common and significant payday of around $180,000 after successfully mining a block on their own. On September 10, the miner solved block number 860749, which included 5,935 transactions. The reward for mining the block totaled 3.169 Bitcoin, valued
Chicago Mercantile Exchange to Launch New Bitcoin Futures
The new cryptocurrency trading options are coming at the end of September The Chicago Mercantile Exchange (CME) Group is set to introduce a new type of Bitcoin futures contract aimed at catering to the growing interest among retail investors. According to a report shared yesterday, CME will launch these new Bitcoin Friday Futures (BFF) on
FBI May Have Inside Information on Who Satoshi Nakamoto Really Is
An inquiry made to the FBI revealed cryptic details about Bitcoin’s potential creator The mystery surrounding Bitcoin’s (BTC) creator, Satoshi Nakamoto, has taken an interesting turn with recent developments involving the FBI. A Freedom of Information Act (FOIA) request filed by investigative journalist Dave Troy has led to speculation that the FBI may possess inside
Swan Bitcoin Calls off Pacific Bitcoin Festival Amid Company Downturn
The company has had to cut its workforce, leading to the removal of the annual event Financial services firm Swan Bitcoin has announced the cancellation of its upcoming cryptocurrency conference, the Pacific Bitcoin Festival, which was set to take place in Santa Monica, California, on October 18-19, 2024. This decision, disclosed by Swan Bitcoin CEO
Senator Introduces Bill for Mandatory Government Crypto Reserves
Senator Cynthia Lummis wants the government to ‘hodl’ millions in Bitcoin Senator Cynthia Lummis introduced yesterday the Bitcoin Strategic Reserve bill, aiming to establish a dedicated reserve fund for Bitcoin (BTC), a scarce decentralized asset. The proposed legislation would create a “decentralized network of secure Bitcoin vaults” managed by the US Treasury, ensuring that BTC
Bitcoin Core developers revamp bug reporting system
The goal is to make it easier to report and address issues to protect the blockchain The backbone of Bitcoin, Bitcoin Core, is undergoing a crucial upgrade – a revamped bug reporting system. This move signifies a growing focus on stability and security within the cryptocurrency’s core development team. Today we announce the new disclosure