Category: Cryptocurrency

Canadian Securities Regulators Approve North America’s First Bitcoin ETF

Canadian securities regulators have approved the world’s first “direct-custody” bitcoin exchange-traded fund (ETF) to be launched by Purpose Investment, according to a press release shared with Bitcoin Magazine. While this is the world’s first investment vehicle calling itself a bitcoin ETF, there are already some European investment products that are physically-backed by bitcoin and work…

February 12, 2021
In First Activation Meeting, Bitcoin Developers Discuss Paths For Taproot

Taproot was merged into Bitcoin Core in October 2020, leaving only the activation method for this highly-anticipated protocol upgrade focused on adding smart contract flexibility and more transactional privacy to Bitcoin. Last week, the Bitcoin development community gathered via Internet Relay Chat (IRC) to discuss the parameters of the Taproot activation and two code pull…

February 12, 2021
Anonymous DeFi Project Core Announces New Token Project

Core, an anonymous and hyped DeFi project, has announced Delta, a new product and token. Core says this will “close the gap” between options trading and spot markets by “using a combination of liquidity standards to deploy an on-chain options layer with scalability in mind.” Anonymous Developers Behind Delta Project Will Work Towards Promoting Healthier…

February 12, 2021
Miami Commissioners Reject Mayor’s Push to OK Crypto Use, Vote to Study It First: Report

The city will seek a vendor to help City Hall pay all or part of its employees’ salaries in bitcoin. Residents would also have the option of using cryptocurrency to pay for city services.

February 12, 2021
Interview: What Bitcoin Started With Erik Voorhees

Listen To This Episode: Apple Spotify Google Libsyn Overcast This week on the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with early Bitcoin adopter and entrepreneur Erik Voorhees. He has had an enormous impact on Bitcoin’s history starting some of its earliest companies, participating in the scaling wars and embracing the Ethereum ecosystem. Voorhees…

February 11, 2021
Acknowledging BTC Sovereignty, Nigeria Becomes Bellwether For Hyperbitcoinization

Today, the Senate of Nigeria —which has similar legislative powers to the U.S. Senate — shared notes from its daily proceedings. Among the presentations of bills and reports was discussion of a recent reminder from the Central Bank of Nigeria (CBN) that financial institutions are prohibited from facilitating any accounts transacting with cryptocurrency exchanges. During…

February 11, 2021
$41 Trillion Global Custodian BNY Mellon Announces Bitcoin Strategy

Today, global banking and custodian heavyweight BNY Mellon announced that it is entering the Bitcoin arena with the creation of a “Digital Assets Unit.” The New York-based bank is a custodian of more than $41 trillion in assets and has $2 trillion in assets under management and The Wall Street Journal has reported that this…

February 11, 2021
Compute North Raises $25 Million To Expand Bitcoin Mining Operations

Compute North, one of the fastest-growing bitcoin mining companies in North America, has announced the close of a growth capital round that netted $25 million in debt financing and equity, which it will use to expand its operations in light of ongoing demand for its data and colocation services. The debt capital was raised as…

February 11, 2021
MasterCard announces support for crypto on its network

MasterCard will allow its almost one billion users to spend cryptocurrencies at more 30 million merchants, although it hasn’t specified which coins will be supported.

February 10, 2021
In First For Commercial Bank, Blue Ridge ATMs Are Now Selling Bitcoin

Banks are increasingly changing their stance on Bitcoin to meet their customers’ demands and, as of today, you can now buy and redeem bitcoin at 19 Blue Ridge Bank ATM locations, per a press release. “Blue Ridge Bank has announced that for the first time in U.S. history a commercial bank is providing access to…

February 10, 2021