Pick n Pay, which is one of South Africa’s largest supermarket chains, has reportedly started letting their customers pay for groceries via any Bitcoin Lightning-enabled wallet, such as Zap or BlueWallet. According to the company’s press release, this move “follows the successful completion of the first phase of a new […]

Recently, Ethereum Co-Founder Vitalik Buterin explained why he is “actually kinda happy” that so many crypto ETFs have been delayed in the U.S. (due to the lack of interested by the U.S. SEC to approve any such proposals). On 30 October 2022, Buterin wrote on Twitter: “Should I publicly blab my […]

On 4 November 2022, Arthur Hayes, Co-Founder and former CEO of BitMEX, said that the programmability of central bank digital currencies (CBDCs) could take away “the ability to purchase Bitcoin”. In a blog post published two days ago, Hayes explained the difference between CBDCs and the current forms of electronic […]

On Saturday (5 November 2022), American lawyer John Deaton, the owner of the Deaton Law Firm (which is based in East Providence, Rhode Island), explained why he believes it is wrong to claim that only Bitcoin can solve the problem of “instantaneous global micro transactions at scale”. It all started on […]

American venture capital investor Tim Draper shared his thoughts about Bitcoin while he was in Lisbon, Portugal for the Web Summit 2022 event (1-4 November, 2022). Here is Draper’s bio (from Draper University’s website): “He is a supporter and global thought leader for entrepreneurs everywhere, and is a leading spokesperson […]

While during the last cryptocurrency bear market holders across different wallet sizes were panic-selling their assets, during this bear market, we are seeing a consistent accumulation in almost all accounts as $BTC holders are buying the dip. According to CryptoCompare’s 2022 Outlook Report, Bitcoin users with over 10,000 $BTC in […]

The Chinese government holds more Bitcoin than MicroStrategy and Tesla combined, making it one of the world’s largest Bitcoin whales. According to Ki Young Ju, Co-founder & CEO of crypto analytics firm Cryptoquant, the President Xi Jinping administration now holds about $3.93 billion worth of BTC alongside a list of other […]

Shares of EOG Resources, Inc. (EOG) are rising more than 5% Friday morning at $146.44, after reporting improved third quarter results. Profit in the third quarter increased more than 100% to $2.854 billion or $4.86 per share, from $1.095 billion or $1.88 per share in the same quarter a year […]

Despite facing a stormy year, MicroStrategy has no plans of abating its BTC accumulation strategy. In its Q3 earnings report on Tuesday, the San-Francisco-based company disclosed that it held 130,000 BTC (around 0.62% of total supply) as of September 30, whose total cost is $4 billion or $30,639 per bitcoin. […]

Just before midnight UTC on Tuesday (November 1), crypto derivatives exchange Deribit was hacked, and $28 million in $BTC, $ETH, and $USDC were stolen. That was the bad news. The good news is that “client funds are safe and loss is covered by company reserves.” Panama-headquartered Deribit, which was officially […]