U.S. Inflation Hits Highest Rate Since 2008, Outlining Case For Bitcoin
With inflation in the U.S. hitting its highest mark since the 2008 financial crisis, Bitcoin is serving as a critical lifeline. The consumer price index (CPI), a measure of the…
Bitcoin Mining Council Launches Mission Statement, Seeks Members
The Bitcoin Mining Council, initially set up by influential CEOs Michael Saylor and Elon Musk, has formally debuted and seeks members. The Bitcoin Mining Council (BMC), a group of bitcoin…
Another Way To Think About Bitcoin’s Value
One’s opinion on the value of bitcoin depends on one’s definition of value, as it is with anything. Dr. Rettler is an assistant professor of Philosophy at the University of…
Hardware Wallet Manufacturer Foundation Devices Raises $2 Million In Seed Round
Bitcoin hardware wallet manufacturer Foundation Devices has raised $2 million in a seed round led by venture fund Bolt. Foundation Devices, a bitcoin hardware wallet manufacturer, has announced it has…
Silk Road Founder Ross Ulbricht Speaks Publicly for the First Time Since 2013
At the Bitcoin 2021 conference in Miami, attendees listened to the first phone interview with the Silk Road’s Ross Ulbricht from the depths of the maximum-security prison in Tucson, Arizona.…
Cuba’s Central Bank Suspends US Dollar Deposits Nationwide – Officials Cite Embargo ‘Obstacles’
The Republic of Cuba is suspending the use of U.S. dollars due to embargo restrictions with U.S. and foreign banks. The central bank of Cuba’s restrictions stems from the “obstacles…
US Senator Urges Treasury Secretary to ‘Make Significant Revisions’ to FinCEN’s Crypto Proposal
U.S. Senator Pat Toomey has urged Treasury Secretary Janet Yellen to “make significant revisions” to the proposed crypto regulation by the Financial Crimes Enforcement Network (FinCEN) and the planned adoption…
