Tesla sold 75% of Bitcoin holdings in Q2

Electric vehicle maker Tesla sold most of its Bitcoin (BTC) holdings in the second quarter, according to new financial disclosures released on Wednesday. “As of the end of Q2, we have converted approximately 75% of our Bitcoin purchases into fiat currency,” Tesla said in its quarterly statement. “Conversions in Q2 added $936M of cash to … Read more

The War On Dissent – Bitcoin Magazine

This article originally appeared in Bitcoin Magazine’s “Censorship Resistant Issue.” To get a copy, visit our store. Online censorship is becoming increasingly normalized as growing restrictions, deplatforming and its other manifestations have become so pervasive that many have simply come to accept it. This “new normal” for free speech is as insidious as it has … Read more

IBEX Mercado, OSMO Wallet Partner For Lightning Network Integration – Bitcoin Magazine

Guatemalans using OSMO Wallet now have access to instant, low-cost bitcoin remittances and payments. OSMO partnered with IBEX Mercado to develop Lightning infrastructure for its users. OSMO partners with AirPak, a remittance company which will allow OSMO customers to cash-out bitcoin at over 8,000 locations. A new partnership between IBEX Mercado – an integral bitcoin infrastructure … Read more

Singapore’s Central Bank To Release Bitcoin, Crypto Regulation – Bitcoin Magazine

The central bank of Singapore will release plans next month to make the country a hub for bitcoin and other digital assets. Following the contagion outbreak, many companies hid behind the regulatory barriers of Singapore. The country seeks to protect consumers and investors by properly regulating these entities while encouraging businesses within the ecosystem. The … Read more

Zipmex suspends withdrawals as CEO denies financial trouble rumors

Thai cryptocurrency exchange Zipmex has paused withdrawals on its platform following a “combination of circumstances” beyond its control. Cointelegraph reports that Zipmex could be in trouble were dismissed as “rumors” by CEO and co-founder Marcus Lim following the failed acquisition of the Thai exchange by Coinbase. Due to a combination of circumstances beyond our control … Read more

Crypto Music Platform Audius Allows Sending Token to Support Artists

Crypto music streaming platform Audius has developed a new feature that allows users to send the platform’s governance tokens to their favourite creators. The Audius protocol provides a blockchain-based alternative to SoundCloud to help artists publish and monetize their work and distribute it directly to fans. This consists of a first-party app for interacting with … Read more

14,000 BTC Transferred as Record High since 2021 due to ‘Miner Capitulation’

According to data from blockchain analytics firm CryptoQuant, bitcoin miners have transferred 14,000 bitcoins over the past few weeks. Bitcoin was trading around $23,448.55, up about 7.5% over the past 24 hours as for time writing. At the current price, a total of $328,839,700 has been transferred from the miners’ wallets. This was the highest … Read more

Aave Integrates with Pocket Network for Dapps Development

Aave announced Tuesday about an integration with the distributed network of more than 44,000 nodes on the Pocket Network to enhance decentralised application development. Following the new integration, the Aave-based DApps can access on-demand blockchain data from Pocket Network. Aave is an open source and non-custodial DeFi Protocol which enables the creation of money markets. … Read more