Silvergate’s cryptocurrency services have gathered increased traction over the past quarter. With increases in net income, customer acquisition, leveraged commitments and deposits, Silvergate managed to combat a downturn of overall transactional volume. Silvergate also announced the closure of its acquisition of Diem assets, the previous unsuccessful stablecoin...
Australia’s first bitcoin ETF is reportedly set to list next week.Cosmos Asset Management’s product would invest in Canada’s Purpose Bitcoin ETF, North America’s first bitcoin spot ETF that went live last year.The approval is set to come on Wednesday as participants agree on a strict 42%...
Natalie Smolenski is a senior advisor at the Bitcoin Policy Institute and executive director of the Texas Bitcoin FoundationRussia’s invasion of Ukraine took most of the world by surprise; it should not have. It is the logical and material result of a war of ideas that...
Mohammed El-Erian, chief economic adviser at Allianz, the corporate parent company of PIMCO where he previously served as CEO, recently appeared for an interview on CNBC to discuss inflation, the federal reserve, and the price of bitcoin rising as a result of monetary policy. In the...
It is crucial for Bitcoin mining operations to have adequate insurance coverage and understand their rights to recovery should their operations suffer losses. As far as traditional property-related risks, they are similar to those of any brick-and-mortar technology company, but also have additional, unique considerations. Who...
A panel of five Bitcoiners took the stage at Bitcoin 2022 to discuss the topic “Becoming a Sovereign Individual.” The panel included Guy Swann of Bitcoin Audible; Pascal Gauthier, CEO of Ledger; Parker Lewis, head of business development at Unchained Capital; Robert Breedlove, founder and CEO...
Core Scientific announced it would begin releasing daily bitcoin production metrics every day on its website. The company’s CEO called for further transparency from companies in the bitcoin mining sector.Core Scientific is a net-neutral carbon emissions company through the use of renewable energy sources and the...
As Bitcoin 2022 got underway, at the largest gathering of Bitcoiners in the world there stood an impressive 9 foot by 12 foot document that was the first and largest printed version of the Declaration of Monetary Independence (DoMI). For those of you who would like...
I hate Pablo Picasso’s art.The art is grotesque, ugly and reminds me of a ransom letter. I hate it because it’s confusing, purposefully opaque and it feels like the artist is pimp slapping me across the face. But most of all, the art is pretentious, pretending...
The listing of a spot bitcoin exchange-traded fund (ETF) in the U.S. is only a matter of time, said Grayscale Investments CEO Michael Sonnenshein.The chief executive recently discussed the market need and impending approval for a spot bitcoin ETF during an interview with CNBC, in which...