Latest BTC News

El Salvador flag waving
Business 13 January 2023

El Salvador passes controversial digital asset legislation

A bill passed by the El Salvador parliament provides the framework for a BTC-backed bond, “The Volcano Bond,” which President Nayib Bukele hopes will enable the government to raise capital to pay down its sovereign debt.

New Year 2023 replace 2022 on the sea beach concept. — Photo
Editorial 2 January 2023

Farewell to 2022… Hello 2023!

2022 witnessed the dashing dreams of BTC loyalists who called for the price to hit $100k, given their infallible plan to get rich by HODLing, while the Defi crowd got their time in the sun.

sometric concept of Cryptocurrency and Blockchain Connection
Editorial 29 December 2022

Understanding Bitcoin energy consumption

Proof of Work gives a trustless model for resilience and security, including identifying assets and preventing fraud and risk, protecting critical infrastructure, detecting activities on a network, and more.

Kurt Wuckert Jr. and Bitcoin
Tech 29 December 2022

BTC hash power centralization

Industry players behind the BTC software control the hash power, while companies with weak cash positions and low debt suffer, cementing BTC's position as a 'very, very' centralized system.

petition for bankruptcy with pen
Tech 22 December 2022

BTC miner Core Scientific files for bankruptcy

Despite the filing, Core Scientific expects to continue operating normally, won’t liquidate assets and has entered into restructuring support agreement with creditors.

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