Crypto Mining Industry: What We Can Learn From BlockFi and Celsius

• BlockFi and Celsius were two high-profile companies that combined crypto lending and crypto mining. • Both companies have since gone bankrupt, and hundreds of billions of dollars were incinerated. • The failure of these companies could provide valuable lessons for future entrepreneurs. Crypto is a rapidly growing industry and has become a major part … Read more

Crypto Lending Giants BlockFi and Celsius Fail After Combining Mining and Lending

• Two high-profile crypto lending companies, BlockFi and Celsius, both failed catastrophically in 2022 due to their combination of crypto lending and crypto mining. • BlockFi announced its new mining operations in May 2021 in the form of a partnership with Blockstream and its long-standing mining unit. • Celsius invested heavily in bitcoin mining, with … Read more

Samson Mow Promotes Bitcoin Adoption to Nation States

• Samson Mow, the CEO of JAN3 and former CSO of Blockstream, spoke at Feel The Bit in El Salvador and announced the Bitcoin Volcano Bonds. • President Bukele announced the creation of Bitcoin City and legally recognizing bitcoin as tender, effectively accelerating the timeline for bitcoin becoming a recognized currency on a national level. … Read more

Crypto Regulations on the Horizon: What You Need to Know

Bullet Points: • The U.S. Senate recently introduced the Digital Asset Anti-Money Laundering Act of 2022, which includes KYC laws and money-transmitter licensing requirements. • The European Central Bank recently revealed that Bitcoin is on an “artificially induced last gasp before the road to irrelevance” and is considering a Bitcoin and crypto ban to mitigate … Read more

Bitcoin Security: Is the Miner Revenue Sufficient?

• Bitcoin miners play a crucial role in securing the Bitcoin network by proposing blocks of transactions which nodes then verify, accept, and update to the Bitcoin ledger. • The concern is that the transaction fee portion of the miner rewards will not be raised enough to make up for the loss of the block … Read more

Korzystanie z dźwigni finansowej

Korzystanie z dźwigni finansowej jest niezwykle popularną formą inwestowania, która może znacząco zwiększyć zyski z inwestycji. Dźwignia finansowa to narzędzie, które oferuje inwestorowi możliwość wykorzystania niewielkiego wkładu własnego dla osiągnięcia znacznie większych zysków. W tym artykule omówimy, czym jest dźwignia finansowa, jak działa, jak można z niej skorzystać, i jakie są jej zalety i wady. … Read more

Bitcoin: The Lifeline for Oppressed Speech?

Bullet Points: – In 2022, the Canadian government attempted to freeze the bank accounts of protestors, leading to the use of Bitcoin as a way to skirt these restrictions. – Organizations like GoFundMe attempted to pass the money along to causes they aligned with, but ended up refunding the money after public outcry. – The … Read more