Bitcoin

Prediction markets, which let users bet on everything from the future price of Bitcoin to the future president of the United States, are the latest flash point between federal and...

European law enforcement officials have taken down a major cryptocurrency service accused of obscuring illicit financial activity. According to Reuters, authorities in Switzerland and Germany coordinated to shut down Cryptomixer.io, a...

By: Katiana Thompson & Jonathan Mollod (Proskauer/Blockchain and the Law) In this piece, authors Katiana Thompson & Jonathan Mollod (Proskauer/Blockchain and the Law) discuss the emergence of Strategic Bitcoin Reserves (SBRs) as...

AI cloud provider CoreWeave announced it will acquire bitcoin mining firm Core Scientific in an all-stock transaction valued at approximately $9 billion, according to Reuters. As AI workloads continue to surge, energy-hungry...

In a high-stakes legal dispute, Coinbase, one of the world’s largest cryptocurrency exchanges, is being sued for over $1 billion by BiT Global Digital Limited, a Hong Kong-based firm. The...

By:  Robert E. Plaze, John Mahon, Shaina Maldonado & Adrianna Vallee (Blockchain & The Law) On January 10, 2024, the Securities and Exchange Commission ("SEC") issued an order granting approval for the applications of...

The UK’s digital currency project will have real world benefits for the country’s businesses. That’s according to Ben Broadbent, deputy governor for monetary policy at the Bank of England, who said at a conference Monday (Feb. 27) that the country’s central bank’s “keenest attention” was aimed on the regulatory impacts of new payments technology such as a central […]

El Salvador’s development bank has refused to reveal any details about the country’s purchase of bitcoins for an estimated $107 million. According to a Sunday tweet by the country’s Anti-Corruption Legal Advisory Center (ALAC), development bank BANDESAL has said that the information is “confidential,” backing up earlier refusals by President Nayib Bukele. “That confidentiality limits the […]

When the Central African Republic (CAR) adopted Bitcoin as legal tender in April, mayhem initially ensued, sparked by confusion, advanced by disagreements, and then driven by concern from global organizations like the World Bank. But in a country of roughly 4.8 million people, just 11% of the population has internet access and only 14% have […]

China-based Bitmain Technologies, the world’s largest Bitcoin miner, and Kraken, a leading cryptocurrency exchange, escaped antitrust claims in a Miami federal court over their alleged scheme to control the direction of Bitcoin’s blockchain, which allegedly devalued the tokens by $4 billion worldwide. Judge Kathleen M. Williams tossed the lawsuit by Bitcoin miner United American  from […]

Cipher Mining, a newly-formed bitcoin mining company, is filing to go public via a merger with Good Works Acquisition, a special purpose acquisition company (SPAC). A subsidiary of Bitfury Top HoldCo, Cipher Mining, the newly-combined entity, has an enterprise value of US$2 billion and is expected to be listed on Nasdaq under the ticker symbol […]

A US court has dismissed a lawsuit accusing bitcoin cash proponents including Bitmain, Bitmain co-founder Jihan Wu, Kraken, Kraken founder Jesse Powell, and Roger Ver of manipulating the cryptocurrency’s price during a 2018 hard fork that created bitcoin, reported Reuters.  Florida-based tech and blockchain development company United American Corp (UnitedCorp) accused nine defendants of colluding […]