USDT Issuer Tether Will Allocate Up to 15% of its Profits into Bitcoin
Tether has announced that it will invest up to 15% of its profits into Bitcoin.
Merov Introduces a Suite of Services for the Bitcoin Mining Industry
Salem, Oregon, May 15th, 2023, Chainwire Merov is proud to announce the launch of its comprehensive suite of services designed for the Bitcoin mining industry. The suite of services includes Merov Hosting, Rejuvit Systems by Merov, and Merov Marketplace, each providing solutions to the needs of the Bitcoin mining industry. “As a pioneer in the industry, we are excited about […]
Block Received $2.2B Through Bitcoin Sales in Q1 2023
In the first quarter of 2023, Block (formerly Square) saw a 27.2% YoY increase in Bitcoin sales through the Cash App.
SEC Fines Crypto ATM Provider Coinme Almost $4 Million
Coinme, Up Global, and Neil Bergquist, CEO of both firms, have settled a dispute with the US Securities and Exchange Commission (SEC).
Block Develops Prototype Chip for Crypto Mining
Jack Dorsey’s Block has announced the completion of a prototype open source Bitcoin mining ASIC chip.
ARK and 21Shares Submit New Application for Bitcoin ETF
ARK Invest and 21Shares have filed a third request to launch an ETF based on Bitcoin, which would provide US investors with protection that does not currently exist.
Transactions Through Lightning Network are 1,000 Times Cheaper Than MasterCard
The Lightning Network (LN) has seen a steady growth in users over the past few years due to its low transaction fees and high performance.
