Bitcoin Magazine Stablecoins Are The CBDCs People like to refer to Bitcoin as a trojan horse that we are going to smuggle into the legacy financial system and government. Stablecoins are a trojan horse into our system that has already been successfully smuggled in.  Stablecoins are heralded as some savior of the developing world, a […]

Bitcoin Magazine NYDIG to Acquire Crusoe’s Bitcoin Mining Operations NYDIG has announced plans to acquire Crusoe’s bitcoin mining operation, including its Digital Flare Mitigation (DFM) business. The transaction is subject to regulatory approvals, customary consents, and final closing. When completed, approximately 135 Crusoe employees will join NYDIG and continue operating the business under its ownership. […]

Bitcoin Magazine BlackRock Launches Bitcoin ETP In Europe Asset management giant BlackRock has launched its first bitcoin product in Europe: a physically backed bitcoin exchange-traded product (ETP). The iShares Bitcoin ETP started trading Tuesday on Germany’s Xetra exchange and Euronext exchanges in Paris and Amsterdam. The ETP will trade under the ticker IB1T on Xetra […]

Bitcoin Magazine Democrats Propose More Bad Bitcoin And Crypto Regulation On Friday, Maryland Delegate Adrian Boafo (D) and New York Assemblyman Clyde Vanel (D) sent a joint letter to Democratic Congressional leaders urging them to pass comprehensive crypto legislation at the federal level. In the letter, the elected officials cited New York State as being […]

Bitcoin Magazine HK Asia Holdings Becomes First in China to Adopt Bitcoin Treasury HK Asia Holdings (HKEX: 1723), soon to be renamed Moon Inc., has made history as the first publicly traded company in Greater China to adopt a Bitcoin treasury strategy. In a recent discussion hosted by Allen Helm of Bitcoin For Corporations, new […]

Bitcoin Magazine Save in Bitcoin, Spend in Dollars: Is This The Way Before Hyperbitcoinization? Lava has developed a self-custodial Bitcoin borrowing platform. Unlike traditional crypto loan services that take custody of users’ assets (and sometimes engage in risky practices like rehypothecation), Lava is self-custodial and leverages native bitcoin smart contracts (DLCs) to enable a more […]

Bitcoin Magazine Tabit Insurance Raises $40 Million Bitcoin-Funded Insurance Facility Tabit Insurance SCC has announced the capitalization of a $40 million insurance facility, funded entirely in Bitcoin, according to a press release sent to Bitcoin Magazine. This marks the first time a property and casualty (P&C) insurer has held all of its regulatory reserves in […]

Bitcoin Magazine Strategy Buys Another $584 Million Worth Of Bitcoin Business intelligence company Strategy has purchased an additional $584 million worth of bitcoin, increasing its total holdings to over half a million BTC. Strategy acquired 6,911 bitcoin between March 17-23 at an average price of $84,529 per coin. This brings the company’s bitcoin reserves to […]

Bitcoin Magazine US Treasury Removes Tornado Cash From OFAC Sanctions List The Department of Treasury has lifted Sanctions on Tornado Cash, the Ethereum based smart contract mixer, following a series of legal defeats and administrative challenges. “Based on the Administration’s review of the novel legal and policy issues raised by use of financial sanctions against […]

Bitcoin Magazine The FAIR Act Would Protect Bitcoin Holders A few weeks ago, we briefly touched on how civil asset forfeiture may apply to Bitcoin, a process in which the Government may seize citizen’s assets without accusing a person of a crime. With the US Government stating that civil asset forfeiture will form a key […]