The digital currency firm Etoro has revealed it is laying off 100 workers or roughly 6% of the company’s workforce. Furthermore, Etoro disclosed that the company is terminating the special purpose acquisition company (SPAC) merger planned with Fintech Acquisition Corp. Etoro says the company plans to raise funds privately nowContinue Reading
SAND surged by as much as 12% on Wednesday, as prices moved to a ten-day high during the session. The rise comes as crypto markets were mostly in the green, with AVAX also rising over the course of the day. As of writing, the global crypto market cap is nearlyContinue Reading
Crypto lender Voyager Digital has filed for Chapter 11 bankruptcy. The company explained that the “prolonged volatility and contagion in the crypto markets” and the default of crypto hedge fund Three Arrows Capital (3AC) on a loan require it “to take deliberate and decisive action now.” Voyager’s Bankruptcy Filing VoyagerContinue Reading
Journeying across the United States and visiting various Bitcoin meetups showed certain aspects of Bitcoin culture are consistent regardless of location. Over the last 10 weeks, I traveled over 8,000 miles of the United States by motorcycle, visiting 25 Bitcoin meetups in Texas, the South and the Midwest. I amContinue Reading
BTC was trading higher on hump day, as bullish momentum picked up as the week progressed. Prices once again tested a key resistance level above $20,000, with ETH also hovering around a ceiling of its own during Wednesday’s session. Bitcoin Bitcoin was trading in the green for most of Wednesday’sContinue Reading
Marathon Digital is among the few miners to not have sold any of its bitcoin treasury during the latest market crash, but how long will that last? Bitcoin miners have historically sold BTC as they produced it to cover operating costs. But over the past couple of years a “HODL”Continue Reading
As June monthly production updates roll out over the next week, Core Scientific and Bitfarms have both sold nearly 50% or more of their bitcoin treasuries. The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first toContinue Reading
While Putin reaps a whirlwind, ordinary Russians look to bitcoin to try to weather the storm. This article originally appeared in Bitcoin Magazine’s ”Continue Reading
A recent event hosted by Qala in Nigeria underscored the opportunity in Africa to leverage Bitcoin development for a brighter future. “Bitcoin for Africa, by Africans” was the key theme at the Qala Bitcoin developer offsite event held earlier this month in Lagos, Nigeria. And that theme, as well asContinue Reading
Former guerilla and Colombian economist, Gustavo Petro, was elected president of the country, beating his opponent who claimed ignorance of Bitcoin. This is an opinion editorial by João, founder of Boletim Bitcoin, a Brazilian website focused on Bitcoin, and contributor at Bitcoin Magazine. This story was originally published in PortugueseContinue Reading
