MicroStrategy CEO announces the Bitcoin Mining Council amid the energy usage debates
    12 Jun 2021
    71 Views

    The Bitcoin Mining Council announced on Thursday as debates over the energy wasted in crypto mining are growing. The energy consumed to mine cryptocurrencies matches a developed country’s usage and is comparable to big CO2 emitters such as airlines and fossil-fuel companies. “The Bitcoin Mining Council is a voluntary and open forum of Bitcoin miners…

    To buy Bitcoin, MicroStrategy raises corporate bond sale by $100 million
    10 Jun 2021
    75 Views

    The publicly traded company MicroStrategy, a big enterprise software developer, announced Tuesday that it raised its corporate bond sale from $400 million to $500 million to satisfy investor demand. The revenue will be transferred to purchase funds in Bitcoin above the 92,079 BTC the firm accumulated before. Unnamed sources said to Bloomberg, the sale was…

    Bitcoin Law makes El Salvador the first country to recognize cryptocurrency as legal tender
    09 Jun 2021
    84 Views

    El Salvador has become the first country to officially recognizes Bitcoin as legal tender. A supermajority of lawmakers in the Latin American country’s Legislature voted by the Bitcoin Law. In a Wednesday vote, El Salvador’s Congress voted by a supermajority in favor of the president’s proposal for the Central American nation to adopt Bitcoin as…

    Polkadot Creator Announced The First Kusama Parachain Auction On June 15
    08 Jun 2021
    144 Views

    After months of waiting, the first Kusama Parachain auction went off without a hassle. The now active Parachain has already begun successfully processing transactions, paving the way for future slot auctions. The first Kusama Parachain auction could happen by mid-June. Gavin Wood, Polkadot and Kusama creator, posted on Tuesday the schedule for the long-awaited Kusama…

    Square’s Considering Making A Bitcoin Hardware Wallet – Jack Dorsey On Twitter
    06 Jun 2021
    123 Views

    Payments company Square is considering creating a non-custodial hardware wallet for Bitcoin, the Square CEO, Jack Dorsey, said on Friday. Usually, cryptocurrency wallets can be stored offline or online at crypto exchanges, desks where Bitcoin can be bought and sold for fiat currencies or other virtual tokens. A non-custodial wallet gives you sole control of…

    El Salvador To Become The World’s First Country To Declare Bitcoin As Legal Tender
    06 Jun 2021
    89 Views

    The president of El Salvador, Nayib Bukele, announced that the country’s government would declare Bitcoin as legal tender, alongside the U.S. dollar. In a video broadcast to a multiday conference Miami Bitcoin 2021, the president announced El Salvador’s partnership with Strike, a digital wallet company, to build the country’s modern financial infrastructure using Bitcoin technology….