Bitcoin’s birth is celebrated in October, but January marks its true introduction The original cryptocurrency has battled detractors, haters, and troublemakers since the first block of Bitcoin was mined fifteen years ago. It is now ranked as one of the top ten most valuable assets worldwide. Many celebrate the release of Bitcoin’s white paper on
Tag: Bitcoin
The cryptocurrency global ATM footprint fell across 2023
Despite an increase in Bitcoin interest, there are now fewer ATMs than in January 2023 The number of established Bitcoin ATMs worldwide is approximately 11.1% fewer than at the beginning of 2023, reversing a 10-year trend in which the number increased at the onset of each year. Coin ATM Radar indicates there are 33,628 crypto
Google to relax advertising policy on cryptocurrency ETFs
Rumors that a Bitcoin ETF may be approved in January have Google making preparations Google has revised its cryptocurrency-related advertising policy and will permit ads for US-based crypto trusts beginning in January, around the same time Bitcoin exchange-traded funds (ETFs) are expected to be authorized in the country. In its December 6 policy change log,
Bitcoin has “strategic importance” to national security, cites US Space Force
The newest branch of the Armed Forces supports the expansion of cryptocurrency Major Jason Lowery of the US Space Force says the US should formally investigate utilizing proof-of-work networks like Bitcoin (BTC) to protect from cyber-inflicted warfare. On December 2, Lowery demonstrated in a four-page letter to the US Defense Innovation Board that while Bitcoin
The Bitcoin white paper turns 15 today
The document that started a financial revolution is celebrating its birthday 15 years ago, Bitcoin creator Satoshi Nakamoto shared the Bitcoin white paper with a list of cryptographers on October 31, 2008. The idea of cryptocurrency officially became mainstream conversation, and continues to slowly grow today. “I’ve been working on a new electronic cash system
Mexico wants to follow El Salvador and make Bitcoin legal tender
A Mexican lawmaker believes it’s time to bring cryptocurrency into mainstream finance Mexico Senator Indira Kempis caused controversy when she introduced legislation in 2022 to produce a central bank digital currency (CBDC). She’s now making Bitcoin the focus of her current political efforts. The congresswoman from Nuevo León previously had little Bitcoin knowledge. Still, her
Coinbase denies rumors it will cap Bitcoin withdrawals
Social media posts that recently hinted at new withdrawal caps may have been fake The Coinbase cryptocurrency exchange has denied rumors that it had assessed a $5,000-per-week maximum on Bitcoin withdrawals after a customer post on social media claiming the new limit was valid started to gain momentum. A user made the claim in an
Bitcoin Lightning Network continues to gain ground
Use of the transaction network has reportedly grown 1,200% in two years Bitcoin’s layer 2 Lightning Network has grown by an estimated 1,212% in two years, with about 6.6 million routed transactions completed in August, a huge jump compared to the 503,000 transactions in August 2021, according to Bitcoin-only exchange River. In a River report
Bitcoin lender Ledn adds new cryptocurrency interest accounts
Users now have access to new Ether and USDT offerings Cryptocurrency lending platform Ledn has announced the launch of an Ether yield offering after users requested a shielded option to stake Ether manually. The Cayman Islands-based company adds the ETH offering to its Growth Accounts products. It currently delivers ring-fenced facilities for users to accumulate
Coinbase confirms it will add Bitcoin Lightning for transaction processing
The crypto company and exchange sees the Lightning Network as a big step forward Cryptocurrency exchange Coinbase has verified that it will begin integrating its layer-2 payment protocol Lightning Network as users look for cheaper and faster Bitcoin transactions. Coinbase created Lighting Network (LN) to help decipher Bitcoin’s scalability issues and to compete with other
Tether to halt Bitcoin stablecoin over lack of interest
Not enough crypto fans have bought into the stablecoin alternative Stablecoin Tether has cited a lack of interest in the Bitcoin Omni Layer version of its stablecoin, and will discontinue issuing tokens. The version of Tether was among the first stablecoins developed. In an announcement on August 17, the team said the Bitcoin Cash and
A hospital in Brazil becomes the first to accept cryptocurrency
Despite resistance, cryptocurrency continues to advance as a fiat alternative A hospital in Rio Grande do Sul has entered the history of Brazil by becoming the first to accept Bitcoin (BTC) as a means of payment. The hospital in question is the Rolling Hospital Foundation (FHR), which released the news last week. With this, Bitcoin