EU Propose Ban on Proof-of-Work Cryptos
Lawmakers in Europe are planning to target crypto’s using proof-of-work mining, which could result in a ban on proof-of-work cryptocurrency mining across the 27 countries that make up the European Union. This move comes amid concerns over the associated energy
Mexican Senator Says Country Should Adopt Bitcoin
The Salvadoran government has been highlighting the benefits derived from the adoption of Bitcoin as legal tender. The benefits realized seem to have attracted the attention of Mexico, with a government official in the country urging for the adoption of
Belgian MP First EU Politician Paid Salary In Bitcoin
The level of global crypto adoption has significantly grown over the past year. A space previously surrounded by skepticism, myths and misinformation is now attracting the attention of legislatures. A Belgian member of parliament is the latest individual to join the
DoJ Recovers 90,000 Bitcoin From Bitfinex Hack
The Bitfinex hack was one of the largest ones in the cryptocurrency community. The hack that happened in 2016 was left unsolved for over five years, but the perpetrators have since been brought to justice. On February 1, the wallets involved
Arizona Looking To Make Bitcoin Legal Tender
A bill proposing the introduction of Bitcoin as legal tender in the U.S. State of Arizona was introduced by Senator Wendy Rogers on January 28th. Bill ‘SB 1341’ proposes making Bitcoin a legal medium of exchange, allowing citizens to pay
MicroStrategy Holding Virtual Bitcoin For Corporations Conference
MicroStrategy, a publicly-traded business analytics and intelligence company, is hosting its second Bitcoin for Corporations Conference. The conference’s objective is to enable corporations to adopt Bitcoin. MicroStrategy has invested heavily in Bitcoin. The company’s Bitcoin holdings by the end of 2021
Bitfarms Buys Another 1000 Bitcoin During Dip
Bitfarms, a leading Bitcoin mining company based in Canada, has announced the addition of another 1000 BTC. The company bought the additional Bitcoin during the price dip that happened during the first week of 2022. The recent purchase comes as the
Tonga Creates Bitcoin Wallet For Relief Donations
Bitcoin donations have become popular globally, and despite the current sluggish performance of cryptocurrency prices, Bitcoin holders are stepping in to help with the relief efforts in the Kingdom of Tonga. The Kingdom of Tonga was hit by a major volcanic
Binance Wallet Address Buys 43,000 Bitcoin
Binance, the largest cryptocurrency exchange platform, is joining the list of whale addresses stacking up on more considering the ongoing market recession. This comes as the recent Bitcoin dipped to the market sentiment hitting an “extreme fear” level. One whale address that
Carlsen Plays Bullet Chess For 1 BTC Grand Prize
Magnus Carlsen, the reigning chess champion, competed in a bullet tournament where the prize was one Bitcoin. This tournament comes as sporting events become more open towards cryptocurrencies and digital asset investments. The championship under which Carlsen participated also involved some