The world is used to a centralized system that requires us to present identification cards in order to open bank accounts, get on planes or even stay at hotels. But now, we have Bitcoin, a completely decentralized online protocol that allows anyone, anywhere to send sound money around the world without needing permission from … Read more
Bitcoin (BTC) is a tool for freedom and economic empowerment. For one young Zimbabwean, Ovidy, it turned his life around when he returned to his home country at the onset of the COVID-19 pandemic. An entrepreneur who first learned of Bitcoin while living in the United States, Ovidy has since built a business with … Read more
Part 4, Chapter 4 of the JBP series. The series continues. If you’ve not yet read chapters one through three, you can find them here, and of course make sure you’ve read Part One, Part Two and Part Three of this chapter. Quotes with no source underneath are attributed to Dr. Jordan B. Peterson. … Read more
Bitcoin bank Custodia is suing the Federal Reserve for delays in the approval process to acquire a “Master Account.” Having a master account allows the bank access to greater capacity for products and services while significantly reducing costs. The process has been delayed 19 months and the Federal Reserve states that applicants are typically … Read more
Crusoe, a bitcoin mining company, is deploying equipment in Muscat, Oman to capture flared gas. The Oman Investment Authority in the Middle East was part of an April funding round that saw Crusoe raise $350 million. The MENA region accounts for 38% of the world’s flared gasses. Crusoe Energy, a U.S. firm that specializes … Read more
In 1873, Mark Twain and Charles Dudley Warner copublished the novel, “The Gilded Age: A Tale of Today.” While the text doesn’t receive the recognition it should, possibly as a result of the direct attack on American politics, it’s a brilliant piece of literature that Bitcoiners may find amusing. In any event, I strongly … Read more
Global payment giant PayPal is doing its best to bring all possible blockchain and cryptocurrency integrations to its services, according to a senior executive at the firm. PayPal is working hard on supporting all possible digital services, including digital currencies and central bank digital currencies (CBDC), vice president Richard Nash said in an exclusive … Read more
One of the largest landowners in Texas has partnered with a digital infrastructure provider and bitcoin miner for a mining facility in West Texas. The mining venture will see up to 60 MW of bitcoin mining capacity. JAI Energy is the largest bitcoin mining farm in the state of Wyoming. Texas Pacific Land Corporation … Read more
News emerged overnight of the potential theft of more than US$326 million (A$457.7 million) of Ethereum tokens from a blockchain bridge (which connects two blockchains so cryptocurrency can be exchanged between them). It’s no surprise. Crypto crime has been on the rise – especially since the pandemic began. How are these crimes committed? And … Read more
Jack Henry and Associates has partnered with NYDIG to enable its 7 million bank users access to bitcoin. Jack Henry will use its existing SaaS platform to enable payments to and from NYDIG. This service offers a new revenue stream for banking institutions and credit unions. Fintech software company Jack Henry & Associates, Inc. … Read more