Company Name: River Founders: Alexander Leishman Date Founded: February 2019 Location of Headquarters: Columbus, OH Amount of Bitcoin Held in Treasury: Proof of reserves launching soon Number of Employees: 50 Website: https://river.com/ Public or Private? Private How do you make…
Category: Crypto Flash News
Metaplanet Buys Additional ¥500 Million Worth of Bitcoin
Metaplanet, a publicly traded Japanese company, has purchased another ¥500 million ($3.7 million) worth of bitcoin. This latest buy comes after the firm secured a ¥1 billion loan last week to acquire Bitcoin. JUST IN: 🇯🇵 Japanese public company Metaplanet…
Ledn Secures Industry First $50M Bitcoin-Backed Syndicated Loan from Sygnum
Ledn, a leading digital lending platform, has officially secured a $50 million Bitcoin-backed syndicated loan from Sygnum, a Swiss digital asset banking group with ~$4.5 billion in client assets, according to a press release sent to Bitcoin Magazine. Ledn and…
Breaking Down Dirty Coin: The Documentary That Shatters Bitcoin Mining Myths
Bitcoin mining has long been embroiled in controversy. From Greenpeace’s high-profile “Change the Code, Not the Climate” campaign to Alex DeVries’ exaggerated claims about Bitcoin’s growing “water footprint,” the media often portrays Bitcoin mining as an environmental disaster in the…
Democrats Exclude Bitcoin And Crypto From 2024 Platform, Aligning With Past Hostility
The Democratic Party’s official 2024 platform was released today on day one of the Democratic National Convention (DNC), without any mention of Bitcoin or cryptocurrency. This decision aligns with the past four years of the Biden-Harris administration’s hostility towards the industry. …
94% of Bitcoin’s Supply Has Now Been Issued
A milestone has been reached in Bitcoin’s supply schedule – 94% of the total Bitcoin supply has now been issued through mining. Out of a hard-capped total of 21 million BTC, over 19.74 million have been mined so far. Bitcoin’s…
Not Your Keys, Not Your Name: Here’s Why Naming is the Next Killer App for Bitcoin
In the Name of Freedom Neutral money like bitcoin preserves economic liberty. It respects individual freedom. It silently advocates for property rights. Whether you’re an individual or a business, it gives you complete empowerment over your decisions about production, investment,…
Bitwise Acquires ETC Group, Europe’s Largest Physical Bitcoin ETP Issuer
Bitwise Asset Management has announced the acquisition of London-based ETC Group, the issuer of Europe’s largest physical Bitcoin ETP (BTCE), according to a press release sent to Bitcoin Magazine. This acquisition not only expands Bitwise’s global footprint but also adds more than…
Lava Loans Protocol v2: DLC Based Bitcoin Collateralized Loans
The Lava Loans protocol (v2) is a scheme designed by Lava building upon Discreet Log Contracts (DLCs) to facilitate a trustless Bitcoin collateralized loan system. The huge implosion in the market last cycle caused by centralized platforms facilitating Bitcoin backed…
Institutional Inflows to Bitcoin ETFs Show Promising Indicator, Says Coinbase Report
Coinbase has reported that updated 2Q 2024 13-F filings indicate a notable increase in institutional inflows into U.S. spot Bitcoin ETFs, which the company views as a “promising indicator” for the Bitcoin market. The 13-F filings, released on August 14, reveal that…