BITCOIN

 

What is Bitcoin?
Bitcoin (BTC) is the first cryptocurrency created by Satoshi Nakamoto in 2008. With the underlying technology blockchain, bitcoin has redefining money in terms of money form, money issuance standard and money movement. Bitcoin has a limit of 21 million coins and uses proof-of-work (POW) consensus. In some sense, bitcoin removes our reliance on central banks and traditional financial institutions that we have to trust on. Bitcoin brings monetary freedom.


EU Market Watchdog Speaks Against Renewable Energy Mining for PoW
The Vice-Chair of the European Securities and Markets Authority (ESMA), Erik Thedéen has taken a stance against the use of renewable energy for all PoW mining operations.
More Than $40,000 in Bitcoin Donations Towards Tonga, after Catastrophic Volcanic Eruption
The Bitcoin community is taking part in a noble cause of helping Tonga recover from a disastrous volcanic eruption that hit the nation on January 15, with more than $40,000 already donated.
S. Korean Presidential Candidates to go Head to Head in Crypto Policies
As South Korea's presidential elections draw to a close, crypto is turning into a political battleground with both candidates set to showcase a number of crypto-related policies.
Regulator Offers Conditional Approval to SoFi Bank, despite Crypto Asset Activities
American online personal finance company Social Finance has obtained conditional approval from the Office of the Comptroller of the Currency to establish SoFi Bank, National Association.
Tokens.com Corp Launches Hulk Labs, Focusing on GamFi and NFT
Toronto-based publicly-traded Blockchain technology company Tokens.com Corp has launched Hulk Labs, a platform focusing on Crypto gamefi and NFT investment.
Microsoft Acquires Activision Blizzard for $68.7B, Enters Metaverse
Microsoft announced that it has acquired Activision Blizzard for $68.7b, laying the foundation for Microsoft's entry into the Metaverse and accelerating its gaming business.
Block's Cash App to Allow Free Bitcoin Transactions With Lightning Network
Block, formerly known as Square, owned Cash App will now allow US users to send bitcoin for free globally following its integration with the Lightning Network.
Crypto ATM Market Expected to Hit $1.88B by 2028 with CAGR of 59.2%
The crypto ATM market is anticipated to reach $1.88 billion by 2028, according to a report by US-based consulting firm Grand View Research Inc.
Female-Backed VC Blossom Capital Raises $432M to Back Startups
Ophelia Brown's Blossom Capital has raised $432 million to back early-stage tech startups in Europe.
Puerto Rico to Become a Prefered Destination for Crypto Investors, Establishing Friendly Taxation and Island Lifestyle
Under Act 60 or the Individual Investors Act, non-Puerto Rican residents get exempted from paying capital gains for investments realized, and this is one of the factors attracting crypto investors.

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