Month: February 2023

• Genesis, a subsidiary of Digital Currency Group, has reached a restructuring agreement with key creditors. • This agreement includes the sale of Genesis Global Trading and restructurings of the debt that Digital Currency Group owes to Genesis Holdco. • Gemini will contribute up to $100 million more for the recovery for Earn users, who […]

• Strike, a digital payment platform built on Bitcoin’s Lightning Network, has announced the expansion of its “Send Globally” product to the Philippines. • The new service will allow fast, secure and low-cost money transfers between the U.S. and the Philippines, one of the world’s largest remittance markets. • Strike uses the Lightning Network to […]

• A group of 13 Bitcoin projects and companies are organizing a Bitcoin world treasure hunt called “Hunting Sats” starting January 23, 2023. • The wallet holds 3,454,811 sats that participants can attempt to crack by brute-forcing the seed words and passphrase. • The 12 partners involved include BTCPay, Trezor Cryptosteel, Blockstream, Bull Bitcoin. Hodl […]

• Samsung Asset Management is launching a Bitcoin ETF in Hong Kong called Samsung Bitcoin Futures Active ETF. • The ETF seeks to obtain a performance similar to spot BTC by investing in bitcoin futures products listed on the Chicago Mercantile Exchange (CME). • The launch of the ETF marks a significant milestone in mainstream […]