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Luxor Technologies Launches The First Bitcoin Mining ASIC Request-for-Quote Platform

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Luxor has launched the first ever ASIC RFQ platform with the goal of maximized market transparency and access.

Luxor has launched the first ever ASIC RFQ platform with the goal of maximized market transparency and access.

Luxor Technologies, a full-stack Bitcoin mining software and services company, has launched the first request-for-quote (RFQ) platform for buying and selling Bitcoin mining hardware.

The press release sent to Bitcoin Magazine describes what an RFQ platform is, saying “An RFQ is a marketplace where users can create orders (requests) for specific items. Luxor’s double-sided RFQ allows both buyers and sellers to create requests for Bitcoin mining ASICs.”  Read more...

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Strike Launches Instant, Cheap Remittances For The Philippines Using Bitcoin Lightning

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U.S. users of Strike can now use Send Globally to send instant, cheap remittances to loved ones in the Philippines.

Strike, the leading digital payment platform built on Bitcoin’s Lightning Network, has announced the expansion of its “Send Globally” product to the Philippines. This will allow for fast, secure and low-cost money transfers between the U.S. and the Philippines, which is one of the world’s largest remittance markets. The Philippines relies on more than $ 35 billion annually in money sent from abroad, with over $ 12 billion coming from the U.S. alone.   Read more...

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Sazmining Launches Hydroelectric-Powered Mining Facility In Wisconsin

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The site furthers the company’s goals of providing mining hosting services to a retail audience using sustainable power sources.

Sazmining, a bitcoin mining hosting solution provider, has launched their first hydroelectric-powered mining facility in Wisconsin, providing the company with a carbon-neutral source of electricity.

According to a press release sent to Bitcoin Magazine, the facility will house 350 mining rigs. These will be powered by the natural flow of a nearby river running through a man-made dam.  Read more...

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Visa Backed Debit Card From Huobi And Solaris Launches In EU

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Visa has supported a partnership by Huobi and Solaris to allow their European users to make payments from their crypto account using Visa-backed debit cards.

Creating diverse payment options (with both fiat and digital currencies) as Blockchain innovations evolve has become part of the mission of many financial institutions. Visa, a trusted leader in the digital payment industry, is also part of this vision.

More About The Debit Card

Crypto exchange Huobi recently announced a new partnership project with European Financial services provider Solaris. The partnership would launch a debit card powered by Visa to allow users to initiate crypto-to-fiat currency payments.  Read more...

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Fedi Launches Hackathon Celebrating Bitcoin’s 14th Birthday With 2.5 BTC Prize

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Fedi is teaming up with Epoch to reward 2.54 bitcoin in a hackathon that aims to boost its Fedimint-based community custody and privacy platform.

Technology company Fedi is launching a Bitcoin hackathon that will pay out 2.1 BTC to the winner in celebration of Bitcoin’s 14th birthday.

Fedi, which is focused on building a Fedimint-based community custody platform, wants to encourage developers to build out a Fedimint module that will help bring real world benefits to users.  Read more...

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Bitcoin App Strike Launches Instant, Cheap Remittances To Africa

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People in Nigeria, Kenya and Ghana can now receive instant, low-cost remittance payments in local currency through Bitcoin’s Lightning Network.

Bitcoin payments app Strike said in a statement Tuesday that it had launched Send Globally, a new feature that lets U.S. users instantly and cheaply send money to Africa.

“With exorbitant fees to transfer funds in and out of Africa and incumbent providers halting services, payments companies are struggling to operate in Africa and people cannot send money home to their family members,” said Jack Mallers, Strike founder and CEO, in a statement. “Strike offers an opportunity for people to transfer their US dollars easily and instantly across borders.”  Read more...

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Blockstream Launches BOL2: Community For Bitcoin Development

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Along with other bitcoin companies, Blockstream is spearheading a developer community to further Lightning and layer-2 development.

Blockstream, a company focused on scaling bitcoin, is launching a platform to connect developers, entrepreneurs, and Bitcoiners from around the world to build on Core Lightning and the Liquid Network, per a release sent to Bitcoin Magazine.

Build On L2 (BOL2) encourages developers to challenge narratives in the broader cryptocurrency space that suggest blockchain projects need to have utility tokens. Developers will focus on solutions furthering Bitcoin's second layer while building on Core Lightning and the Liquid Network.  Read more...

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DC-Based Coffee Company Launches Bitcoin Blend In Honor Of El Salvadoran Farmers

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The limited-edition run will donate a portion of tin sales to empower the growing coffee industry of El Salvador.

Compass Coffee, a cafe company based in Washington DC, has partnered with the Embassy of El Salvador to launch Bitcoin Blend, a limited-edition roast dedicated to the farmers of El Salvador, per a release sent to Bitcoin Magazine.

The company hosted a conference and panel discussion on Bitcoin and El Salvador, featuring the Ambassador of El Salvador to the United States, Milena Mayorga.  Read more...

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Synonym Launches Mobile Bitcoin Wallet With New Web Protocol

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The wallet leverages open-source software and bitcoin encryption to enable its users to custody not only BTC, but personal user data as well.

Synonym, a Bitcoin and Lightning Network service provider, has released the Bitkit Wallet, a mobile bitcoin wallet for both Apple and Android devices, per a release sent to Bitcoin Magazine.

The wallet boasts many features such as: portable social profiles, dynamic payable contacts, interoperable data feeds, and passwordless web accounts. Additionally, the wallet uses Bitcoin cryptographic seeds to generate keys for the company’s newly developed web protocol called Slashtags.  Read more...

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NYDIG Parent Company Stone Ridge Launches Wolf, A Bitcoin Lightning Network Accelerator

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NYC based Bitcoin Lightning Network accelerator launches to empower those building and advancing the layer two protocol with a world class program.

Stone Ridge Holdings Group, parent company of NYDIG, has launched Wolf’s Clothing, a New York City (NYC) based Bitcoin start up dedicated to the Lightning Network, per a press release sent to Bitcoin Magazine.

Wolf aims to bring founders and startups from all over the world to NYC for eight weeks at a time to “to focus on the development, growth, and funding of companies building on Lightning.” The program will accept companies building on Lightning and Taro across a broad range of themes and is open to all applicants.  Read more...

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Ripple Launches Test Phase For Ethereum Based Smart Contracts On The XRPL

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Back in September, David Schwartz, the Chief Technology Officer (CTO) of Ripple and one of the original architects of the XRP Ledger, presented his thoughts on an Ethereum Virtual Machine (EVM) sidechain. His idea was to enable the execution of Ethereum smart contracts on the XRP Ledger (XRPL) and thus lower the entry barriers for developers.

Today, the XRPL ecosystem is one step closer to achieving this goal. As reported by Mayukha Vadari of RippleX Developers, Peersyst has now implemented and published the first phase of the EVM sidechain for the XRPL on the XRPL Devnet. This allows developers to use the widely used Ethereum programming language Solidity and bring it to the XRPL.  Read more...

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Bitcoin Gaming Company ZEBEDEE Launches Open-Source Bitcoin Development Non-Profit

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No Big Deal is currently focused on Lightning infrastructure and supporting hosted channels to remove the need of custodial users on Lightning.

ZEBEDEE, a bitcoin gaming company, has announced No Big Deal (NDB), a non-profit dedicated to furthering open source development for Bitcoin and the Lightning Network, per a release sent to Bitcoin Magazine.

“NBD does not sell anything, it does not offer services, it does not support products,'' said Andre Neves, co-founder and CTO of ZEBEDEE. “It just writes code and gives it to the world to do with it as they will.”  Read more...

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Bitcoin Mining Service Provider Luxor Launches Hashprice OTC Derivative

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The company will track hashrate values through its own index and will pay out in USD or BTC, enabling non-physical access to the bitcoin mining industry.

  • Luxor Technologies is launching an OTC NDF derivative for the bitcoin mining industry.
  • The NDF will follow the hashprice of different companies and offer varying contract terms with flexible settlement options, including BTC.
  • The NDF will follow Luxor’s Hashprice Index to determine hashprice values.

Luxor Technologies, a bitcoin mining service provider, has launched the Luxor Hashprice NDF, an over-the-counter (OTC) bitcoin mining derivative, per a release sent to Bitcoin Magazine.  Read more...

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Visa Launches Bitcoin, Crypto Debit Cards In 40 Countries In FTX Partnership

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The partnership lets FTX exchange users in 40 countries easily spend their bitcoin and cryptocurrencies at any merchant that accepts Visa cards.

  • FTX is launching bitcoin and crypto-backed debit cards in 40 countries.
  • The exchange partnered with Visa and will focus on Latin America, Asia and Europe.
  • The offering is available to US users, and the partnership will now be extended internationally.

Visa has partnered with one of the world’s leading cryptocurrency exchanges, FTX, to launch bitcoin and cryptocurrency debit cards internationally, per a press release.  Read more...

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THNDR Launches Play-to-Earn Bitcoin Solitaire Game

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THNDR’s new solitaire-style mobile game is the latest addition to its suite of familiar games that make onboarding to bitcoin easier in emerging markets.

  • THNDR Games launches a new solitaire game enabling users to play and earn bitcoin.
  • The familiarity of solitaire is meant to make onboarding more comfortable for first-time bitcoin gamers.
  • Over 80% of the company’s users earn their first bitcoin through THNDR Games with 60% of its base located in emerging markets.

THNDR Games, a bitcoin-only gaming company, has launched Club Bitcoin: Solitaire, a new solitaire-style mobile game that lets its players earn bitcoin for playing, per a press release sent to Bitcoin Magazine.  Read more...

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Build, build and build: “India’s TikTok” Chingari Launches NFT Video Marketplace

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Having already shaken up the video-sharing landscape, India’s hottest young social media app Chingari has set its sights on Web3. The platform, affectionately known as the nation’s TikTok, has just released a video NFT (vNFT) marketplace called Creator Cuts. Alongside its social token GARI, Chingari’s Solana blockchain integration looks to foster new relationships between content creators and viewers, empowering both to earn from creating and enjoying the content they love.

Chingari’s rapid ascent  Read more...

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River Financial Launches Zero-Fee Recurring Bitcoin Purchases

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The bitcoin financial services provider will remove fees for a customer’s recurring bitcoin purchases beginning a week after the initial purchase.

  • River Financial has removed fees associated with recurring purchases of bitcoin on its platform.
  • The deduction is valid starting one week after the initial recurring purchase is set by the customer.
  • River currently offers bitcoin management services through its website and iOS app, as well as white-glove services for bitcoin mining.

River Financial, a Bitcoin-only technology and financial services company, has launched zero-fee recurring bitcoin purchase orders, according to a press release sent to Bitcoin Magazine.  Read more...

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Foundry Launches Logistics Arm For Bitcoin Mining Equipment

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The firm will provide domestic and international logistic solutions for the acquisition and delivery of bitcoin mining infrastructure with a streamlined process.

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  • Foundry has released a new logistics arm to serve as a one-stop shop for all things related to bitcoin mining infrastructure.
  • Foundry Logistics enables transparent and efficient monitoring of shipments allowing customers to accurately time the market.
  • Foundry also recently launched a one-week course for those looking to become bitcoin mining technicians in New York.
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Lawsuits Mount Against Terra: FatManTerra Launches Class Action Lawsuit

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Terra has been the target of a second class action lawsuit, and more legal action is likely to be brought against the struggling stablecoin company in the near future.

A Slew Of Lawsuits Against Terra

On Sunday, Bragar Eagel & Squire issued a press statement announcing their plans to bring a lawsuit against Terra. The law firm specializes in representing both individual and institutional investors in complicated financial litigation involving derivatives, securities, and commercial law.

Following the collapse of the Terra ecosystem, the now-famous Dark Knight of Terra, FatManTerra, has announced a class action lawsuit through US attorneys Scott+Scott in an effort to recover UST investments.  Read more...

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GameStop Launches NFT Marketplace

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Less than 60 days following the beta release of their new Ethereum-based NFT wallet, GameStop has gone live with their long-awaited NFT marketplace. The release tracks alongside anticipated deadlines, as the company forecasted earlier this year that the anticipated marketplace release date would be “by the end of the second quarter of the fiscal year 2022.”

As we enter the back half of the year, GameStop is delivering at the least it’s initial marketplace product – so let’s take a look at what has gone live, how we got here, and what we can expect moving forward.  Read more...

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