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Luxor Launches First Antminer Firmware Made In The U.S.

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Bitcoin mining company Luxor Technologies has launched an Antminer-compatible firmware designed to maximize miner efficiency.

Luxor Technologies, a Bitcoin mining software and services company, has released LuxOS, the first third-party Antminer-compatible firmware fully designed and engineered in the United States.

The press release sent to Bitcoin Magazine describes firmware as “a type of software that is designed to provide specific operating instructions to computing hardware. For Bitcoin miners, firmware allows them to adjust the performance of the ASIC chips in their Bitcoin mining rigs to optimize for higher hash rate and improved power efficiency.”  Read more...

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El Salvador Launches CUBO+ Educational Program Aimed At Producing Elite Bitcoin And Lightning Developers

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Bitcoin Country seeks to generate world-class Bitcoin and Lightning engineers through a new program utilizing the university system.

El Salvador’s Bitcoin Office has announced a new six month educational program entitled “CUBO+” that aims to produce elite-level Bitcoin and Lighting developers through the Salvadoran university system.

According to the Office, the program, beginning in May, will consist of a relatively small group of students, under 25, narrowed down from some of the brightest students in El Salvador’s universities. The first group will be through students at the University of Don Bosco. They will be competing for the inaugural Plan B Fellowship, funded by Tether and Fulgur Ventures. The project is a result of the recently announced agreement between El Salvador and Lugano, Switzerland for the world’s first Bitcoin Embassy in the Swiss city.  Read more...

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Jack Dorsey’s TBD Launches New Bitcoin Lightning Network Service Provider

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Jack Dorsey, CEO at Block, announced a new Bitcoin Lightning Network (LN) service provider called “C=.” According to an official announcement, the new service is part of the TBD initiative, which aims to create a suite of BTC-based tools to give users more control over their finances.

The Lightning Network is a second-layer payment solution that allows users to send and receive BTC “off-chain.” The solutions speed up transacting on this blockchain and avoid long waiting periods to validate a transaction on the network.  Read more...

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Yuga Labs Launches ‘TwelveFold,’ An NFT Collection On The Bitcoin Blockchain

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Alright, they’re not exactly NFTs. Nonetheless, ‘TwelveFold’ is the name of Yuga Labs new venture to build creative on Bitcoin. There’s been substantial hype and interest in this unique corner of the NFT community, powered by inquisitiveness and bolstered by your everday crypto degen. It’s led to a very ‘underground’ feel that is bound to not last much longer – as things often move quickly in this space.

What are Bitcoin NFTs all about? First: they’re ‘ordinals,’ not NFTs. And now that Yuga Labs is jumping in, we might find that this newfound interest from NFT collectors might not be just a fad.  Read more...

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Web5 App Zion Launches New Version, Raises $6M In Funding Round

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Zion’s latest funding round brings the decentralized social platform company’s valuation to $ 53 million.

Miami-based startup Zion has launched a new version of its app providing access to the Web5 decentralized social network, alongside the raising of $ 6 million in a funding round led by XBTO Humla Ventures.

The Zion protocol is designed to allow creators to own their communities while users have control over their online identity, and is based on Jack Dorsey’s Block’s Web5 standards and the Bitcoin Lightning Network. According to the release, Zion’s v2 app has a waiting list of over 60,000 users and a valuation of $ 53 million. The latest round of funding was backed by a range of investors, including footballer Aaron Rodgers and motivational speaker Tony Robbins.  Read more...

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Bitcoin Magazine Ukraine Launches First Print Issue

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Eastern Europe will soon see its first print publication out of Bitcoin Magazine Ukraine, aimed at enabling freedom through Bitcoin.

Bitcoin Magazine Ukraine, the authoritative source of news, expert opinions and various information about the industry in Ukraine, has announced the release of its first printed publication, “Bitcoin. Freedom. Ukraine.”

This first issue will focus solely on Bitcoin and its decentralized technology, giving Ukrainians the opportunity to truly dive into the Bitcoin rabbit hole. In addition, it will feature a first-of-its-kind rating of bitcoin owners in Ukraine, which will include both well-known personalities and completely non-public Ukrainians.  Read more...

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Shopify Launches Comprehensive Blockchain Suite For Merchants

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E-commerce giant Shopify has launched its new blockchain suite of products for merchants. This development is expected to improve user experience on web3-based stores hosted on Shopify. In addition, merchants can utilize token gating and leverage new features on the expanded wallet ecosystem. 

Blockchain Suite Offers Shopify Users Great Benefits  

According to Shopify’s blockchain team designer ryancreatescopy on Twitter, merchants can use new tools to build token gating apps on the e-commerce platform. Token gating is a common feature in the Web3 space and is a verification method for communities to provide exclusive access to certain events, contents, and drops.   Read more...

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Coinkite Launches Its New Flagship Bitcoin Hardware Wallet Coldcard Q1

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The new COLDCARD improves upon the Mk4 by adding a QWERTY keyboard, a big LCD screen, and a QR code scanner.

Bitcoin hardware company Coinkite is launching a new higher-end COLDCARD, featuring a full QWERTY keyboard, a larger LCD screen and a QR code scanner. The COLDCARD Q1 will also be battery-powered, removing the need for connecting the device to a power outlet or a computer.

“We always wanted to make a QWERTY device for fast passphrase input with battery power,” Coinkite founder NVK told Bitcoin Magazine. “We’ve been toying with the QR idea for years, and we finally found a secure way of doing QR scanners. I’m very excited about this, we think this is the ultimate hardware wallet.”  Read more...

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Ordinals Project Launches Enabling NFTs Directly On Bitcoin

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The controversial project has been met with equal parts excitement and criticism in regards to its impacts on Bitcoin.

A project called Ordinals has launched on the Bitcoin blockchain, effectively enabling Bitcoin-native on-chain NFTs. 

Led by former Bitcoin Core contributor Casey Rodarmor, the protocol is a convention for numbering and transferring individual satoshis on the Bitcoin network.

Ord, a specific implementation of Ordinals, “is a wallet and explorer that allows tracking the location of specific satoshis and their ordinal numbers – assigned by the Ordinals protocol – as well viewing, creating, and transferring inscriptions, that is, individual satoshis inscribed with arbitrary content,” the press release sent to Bitcoin Magazine states.  Read more...

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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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