NewsBlockFi – Launching BlockFi Personalized Yield (BPY) to investors with $3M+ in loaned crypto and BlockFi Wallet (buy/sell/hold crypto) to all customersStrike – Announces Developer API for merchants to accept bitcoin paymentsCBDC – Federal Reserve published a 40-page paper illustrating the pros and cons of a central bank digital coin (CBDC)Google – Digital cards might soon enable users to hold bitcoin and spend fiat. Powered by Coinbase and BitPay.Mining – Bitcoin mining difficulty increased by +9.3% this week, hitting a new all-time high (ATH)Hack – Crypto.com froze withdrawals then announced the platform was hacked for $15M in Ethereum (4,600 ETH)Mortgage – Milo allows customers to use bitcoin as collateral to invest in real estateMicroStrategy – Stock plummets 20% as the SEC rejects its bitcoin accountingSoFi – Stock up 16% after news that they got regulatory approval to acquire Golden Pacific Bancorp (bank) and be a full-blown, FDIC insured bank – SoFi BankBitLicense – Xapo has surrendered its BitLicense, according to the New York Department of Financial Services (NYDFS)El Salvador – Buys the dip and acquires 410 bitcoin for $15MAfrica – Meet the Nigerians leading Jack Dorsey’s bitcoin development initiative NigeriaLebanon – Explainer: Lebanon’s financial crisis and how it happenedElon – Criticizes Twitter for integrating NFTs, then gets blasted for using Tesla to promote DogecoinLightning – Engineer built a way to stream sats, in real-time, as payment for a Tesla to charge. Open source bitcoin Lightning Network enabled energy grid.$1T – Crypto crash erases more than $1 trillion in market value$35M – ShakePay, Canada’s leading bitcoin company, raised a $35M Series A led by QED Investors$6M – Voltage, enterprise-grade infrastructure services for Bitcoin and Lightning, raised a $6M Seed round led by Trammell Venture PartnersImages of the WeekEvery single time – Fear of missing out (FOMO) is real“Bitcoin is Dead” – Deciphering the “Bitcoin is Dead” data visualizationMap of Bitcoin nodes – Each one of these 10,000+ nodes has an entire copy of the Bitcoin Network’s ledger. They enforce and validate the rules of Bitcoin.
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This Week in Bitcoin - Issue #4
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NewsBlockFi – Launching BlockFi Personalized Yield (BPY) to investors with $3M+ in loaned crypto and BlockFi Wallet (buy/sell/hold crypto) to all customersStrike – Announces Developer API for merchants to accept bitcoin paymentsCBDC – Federal Reserve published a 40-page paper illustrating the pros and cons of a central bank digital coin (CBDC)Google – Digital cards might soon enable users to hold bitcoin and spend fiat. Powered by Coinbase and BitPay.Mining – Bitcoin mining difficulty increased by +9.3% this week, hitting a new all-time high (ATH)Hack – Crypto.com froze withdrawals then announced the platform was hacked for $15M in Ethereum (4,600 ETH)Mortgage – Milo allows customers to use bitcoin as collateral to invest in real estateMicroStrategy – Stock plummets 20% as the SEC rejects its bitcoin accountingSoFi – Stock up 16% after news that they got regulatory approval to acquire Golden Pacific Bancorp (bank) and be a full-blown, FDIC insured bank – SoFi BankBitLicense – Xapo has surrendered its BitLicense, according to the New York Department of Financial Services (NYDFS)El Salvador – Buys the dip and acquires 410 bitcoin for $15MAfrica – Meet the Nigerians leading Jack Dorsey’s bitcoin development initiative NigeriaLebanon – Explainer: Lebanon’s financial crisis and how it happenedElon – Criticizes Twitter for integrating NFTs, then gets blasted for using Tesla to promote DogecoinLightning – Engineer built a way to stream sats, in real-time, as payment for a Tesla to charge. Open source bitcoin Lightning Network enabled energy grid.$1T – Crypto crash erases more than $1 trillion in market value$35M – ShakePay, Canada’s leading bitcoin company, raised a $35M Series A led by QED Investors$6M – Voltage, enterprise-grade infrastructure services for Bitcoin and Lightning, raised a $6M Seed round led by Trammell Venture PartnersImages of the WeekEvery single time – Fear of missing out (FOMO) is real“Bitcoin is Dead” – Deciphering the “Bitcoin is Dead” data visualizationMap of Bitcoin nodes – Each one of these 10,000+ nodes has an entire copy of the Bitcoin Network’s ledger. They enforce and validate the rules of Bitcoin.