Hublot Now Sells Luxury Watches For Bitcoin

Swiss luxury watchmaker Hublot has announced that it will accept bitcoin as a payment method, starting with a limited-edition release of the Big Bang Unico collection, which only has 200 pieces. According to an official announcement by the 1980-founded company, it has partnered with a Bitcoin payment service provider to bring the functionality to the limited-edition collection […]

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 […]

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 […]

Elon Musk “Seriously Considering” Creating Competitor to Twitter

Elon Musk said he is “seriously considering” building a social media network to compete with Twitter, which he claims stifles free speech. “Free speech is essential to a functioning democracy. Do you believe Twitter rigorously adheres to this principle?” Musk tweeted on Thursday. It Didn’t Stop There… Musk took it to another level tweeting the […]

Grayscale Threatens SEC with Legal Action if Bitcoin ETF is Rejected

SEC is Procrastinating Grayscale Bitcoin ETF Approval

CEO Michael Sonnenshein said Grayscale may sue the Securities and Exchange Commission if it continues to block the establishment of a spot Bitcoin ETF. Nearly a year ago, the world’s biggest digital currency asset manager sought to transform its flagship trust into a Bitcoin ETF. After years of denials, Grayscale is certain the SEC will finally […]

El Salvador Volcano Bonds Oversubscribed by $.5 Billion; Honduras Next for Legal Tender

el salvador bonds

According to the Financial Times, El Salvador’s Bitcoin (BTC) bonds have been oversubscribed by roughly 50%. The Central American government announced in November 2021 that it will issue $1 billion in Bitcoin bonds. The Financial Times reports that bids for the Bitcoin bonds totaled around $1.5 billion, citing El Salvador’s finance minister Alejandro Zelaya. What’s […]

Number of African Bitcoin Users up Nearly 2,500%

bitcoin africa

African Bitcoin and “crypto” users increased about 2,500% between January 2021 and January 2022 according to new research by the crypto exchange Kucoin. During the same time span, the average monthly transaction volume increased by about 1,400%. Despite the fact that Bitcoin transactions on the African continent account for just 2.8% of worldwide volumes, the study from Kucoin implies […]

$46T Bank BNY Mellon Launching Bitcoin Custody

banks and bitcoin

BNY Mellon has announced that its Bitcoin custody effort will first launch in the United States and will provide institutional customers with exposure to Bitcoin. According to reports, the Bank of New York Mellon Corporation (BNY Mellon) is intending to develop a Bitcoin custody platform. BNY Mellon is investigating the possibility of offering this service […]