Bitcoin Mining: A Path To Electrifying The World
In many parts of the world, access to electricity is a luxury that we often take for granted. Sub-Saharan Africa (SSA), for example, faces a severe electricity deficit, with over 600 million people without power. This deficit leads to economic stagnation, reduced food production, poverty, and even civil unrest....
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Crypto Project Sues Chainalysis
The new year seems set to start tumultuous for Chainalysis. In addition to the trial for Roman Sterlingov set to begin on February 12th, which questions the reliability of Chainalysis Reactor in a multi-million dollar money laundering allegation, Chainalysis is now getting sued by the crypto project YieldNodes. In...
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Bitcoin Back Rewards Platform Satsback Launches in the United States for Online Shoppers
Satsback Labs, the company behind the European Bitcoin-back shopping rewards platform, Satsback.com, has announced its foray into the United States market, according to a press release shared with Bitcoin Magazine. With a robust network of over 500 online partners already established, Satsback.com aims to revolutionize the American shopping experience...
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SEC Holds Crucial Meeting with Spot Bitcoin ETF Applicants to Ensure Alignment
In a significant development, the Securities and Exchange Commission (SEC) convened with applicants seeking approval for spot Bitcoin Exchange-Traded Funds (ETFs) today, according to Eleanor Terrett and Charles Gasparino of FOX Business. Terrett revealed sources who attended the meeting said the SEC was “making sure everyone is doing cash creates,” and “asked issuers...
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Argentina’s Minister of Foreign Affairs Affirms Bitcoin Acceptance for Contract Agreements
In a groundbreaking statement, Argentina’s Minister of Foreign Affairs, Diana Mondino, has confirmed the country’s stance on embracing Bitcoin for contractual agreements. Mondino’s declaration outlined the government’s willingness to accept and formalize contracts denominated in Bitcoin, heralding a pivotal moment for legal recognition of BTC within Argentina. The move...
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Bitcoin As A CBDC
This article is featured in Bitcoin Magazine’s “The Primary Issue”. Click here to get your Annual Bitcoin Magazine Subscription. Click here to download a PDF of this article. “What luck for rulers that men do not think.” – Adolf Hitler Bitcoin will not kill the U.S. dollar. It will...
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Fox Business: Firms Feel “Confident SEC Will Approve” Spot Bitcoin ETFs After January 8
According to Charles Gasparino of Fox Business, financial firms feel confident that the Securities and Exchange Commission (SEC) is going to rule in favor of approving spot Bitcoin Exchange-Traded Funds (ETFs) after January 8, 2024. Gasparino’s post also stated that shares the of Bitcoin ETFs will only be available...
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BTCPay And Strainly Publish Case Study On The Hemp Industry
Strainly, a cannabis seed and services company, in partnership with BTCPay has published a case study on the use of BTCPay to facilitate payment processing for underserved and blacklisted industries. One of the most important use cases of Bitcoin is, as many users of a certain privacy wallet would...
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Taproot Assets Can Turn Bitcoin Into A Multi-Asset Chain
Bitcoin Maxis are patting themselves on the back after the launch of the Taproot Assets protocol for Bitcoin and Lightning. And they’re quite right to do so. Lightning Labs mainnet Alpha launch last month was big news. Up till now Ethereum and Tron dominated smart contracts. Now with this...
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Human Rights Foundation Grants $500,000 To 18 Bitcoin Projects Worldwide
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, per a press release sent to Bitcoin Magazine. The money is being granted to 18 projects focusing on global education, Bitcoin Core development, mining decentralization, and allowing developers in closed societies to participate and...
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