Fort Worth Mining Bitcoin and Making History in the Process

Fort Worth Mining Bitcoin Mayor Mattie Parker

Fort Worth, Texas, is mining Bitcoin. Mayor Mattie Parker puts Fort Worth on the map as the first city in the United States to mine Bitcoin. Mayor Parker also oversaw the installation of the small mining farm in City Hall herself. Fort Worth City Hall’s climate-controlled information technology wing will house three Bitmain Antminer S9 […]

Startup from Austria lets you buy Bitcoin in 4 Taps

buy bitcoin in austria

To bring bitcoin to the mainstream, Austrian startup 21bitcoin is aiming to disrupt traditional finance. Their app just launched in the stores last week and promises users to purchase bitcoin within just 4 taps. The wait is finally over for the founders of 21bitcoin. Their new app has just launched for Android and iOS and […]

Morgan Stanley: Bitcoin Will Be Used as Currency

MorganStanleyBitcoin

Few people use Bitcoin to pay for everyday items as the vast majority of retailers do not accept Bitcoin as payment, but that is changing, according to Morgan Stanley in a research paper released Thursday. The bank mentioned that payments startup Strike just announced a deal with point-of-sale provider NCR and payments business Blackhawk Network, […]

Goldman Sachs Seeks Partnership with Bitcoin and ”Crypto” Exchange FTX

Goldman Sats

Goldman Sachs is assisting FTX in negotiations with US authorities and a future Initial Public Offering (IPO), according to Sam Bankman-Fried and David Solomon. The founder and CEO of cryptocurrency exchange FTX, Sam Bankman-Fried, met with Goldman Sachs (GS) CEO David Solomon in the Caribbean to examine future cooperation between the two companies, according to […]

German Producer Price Index Hits Record High Inflation of 30.9%

Bitcoin-Germany-Inflation

The German Producer Price Index reached its highest level of inflation since 1949 topping 30% in March. The country’s Federal Statistics Office announced the figures on Wednesday. This is the agency’s highest level since it began collecting statistics 73 years ago. Who is the most responsible? Energy costs increased about 84% in comparison to the […]

IMF: Bitcoin Mining Allows Countries to Monetize Their Energy Resources

IMF Bitcoin mining

The IMF made an inadvertent advertisement for Bitcoin warning that countries could use Bitcoin mining to monetize their energy directly. Another feature not a bug was mentioned, as the IMF continued to say Bitcoin mining allows these countries to monetize their energy directly and outside the financial system. A surge in Bitcoin and “crypto” use might endanger the global financial system, […]

Russian Energy Minister Urges to Legalize Bitcoin Mining ‘As Soon As Possible’

russia bitcoin

Russia, a country rich in natural resources, may resort to Bitcoin mining in order to alleviate the consequences of U.S sanctions. According to Russia’s Deputy Energy Minister Evgeny Grabchak, the legal vacuum in Bitcoin mining must be filled. He stated that it would be more effective to pick mining areas for miners regionally rather than at […]

$600 Million Lost in ETH Sidechain Hack

eth ronin hack

The newest “crypto” hack may be the biggest ever. The Ronin Network reported a loss of around $625 million USDC and Ethereum on Tuesday. The exploit targeted Sky Mavis, the publishers of the game, and the Axie decentralized autonomous organization, according to a blog post by the Ronin Network’s official Substack. According to Etherscan, an […]

Ethereum: the Centralized JPMorgan Protocol

ethereum scam

A recent lawsuit from ConsenSys displays that JPMorgan owns infrastructure critical to Ethereum, showing the protocol to be even more centralized than originally thought. Ethereum is reliant on the system Infura, which ConsenSys owns. But who owns ConsenSys? Joe Lubin is the co-founder of ETH and the founder of Consensys. Lubin holds a lot more […]

BlackRock: Ukraine War Could Accelerate Crypto Adoption

Ukraine Bitcoin Blacklist

Blackrock chief executive, Larry Fink, said on Thursday that the Ukraine war could end up accelerating digital currencies as a tool to settle international transactions. Despite what headlines around the world are declaring, he doesn’t appear to be talking about currencies like bitcoin. He said: “A global digital payment system, thoughtfully designed, can enhance the […]