Arizona’s New Law on Unclaimed Crypto Assets
Arizona Governor Katie Hobbs recently approved a bill that allows the state to claim unclaimed cryptocurrencies and establish a ‘Bitcoin Reserve Fund’ without using taxpayer money. The law, signed on May 7, permits Arizona to take ownership of abandoned digital assets if the owner...by
Bitcoin Awakening8 May 2025
Bitcoin Mining Firm Core Scientific Inc. Reports $580M Profit in Q1 2025
Core Scientific Inc., a Nasdaq-listed Bitcoin mining company, announced a net profit of $580 million in the first quarter of 2025. Despite missing revenue estimates due to a decline in mining profits, the company saw a significant increase in net income compared to the previous year. The total...by
Bitcoin Awakening8 May 2025
Cryptocurrency Miner Abandons Gas-Powered Site in Pennsylvania
Cryptocurrency mining company Diversified Energy left behind unplugged wells and regulatory violations at a natural gas-powered mining site in Elk County, Pennsylvania. The Longhorn Pad A site was brought back to life in 2022 by Diversified for crypto mining, but they did not initially obtain an...by
Bitcoin Awakening8 May 2025
Transitioning to a Bitcoin Treasury Company
Strive Asset Management, founded by entrepreneur and former presidential candidate Vivek Ramaswamy, announced plans to become a Bitcoin treasury company. Through a reverse merger, Strive will go public and utilize the combined company’s stock to acquire Bitcoin. The merger with Asset...by
Bitcoin Awakening8 May 2025
Bhutan Launches Crypto Payment System for Tourism
Bhutan, recognized for its involvement in cryptocurrencies like Bitcoin, has introduced a tourism crypto payment system in collaboration with Binance Pay and DK Bank. The system enables Bhutan travelers with Binance accounts to use over 100 different crypto assets, including Bitcoin, USDC, and...by
Bitcoin Awakening7 May 2025
Expanding Crypto Mining Operations in Paraguay
Several crypto-focused organizations, including Bitcoin mining companies, are considering a return to the US due to geopolitical tensions. However, Hive Digital Technologies is focusing on the untapped potential of the Latin American market, particularly in Paraguay. The company acquired a 200...by
Bitcoin Awakening7 May 2025
Explain Bitcoin Like I’m Five
If you still can’t figure out what the heck a bitcoin is… We’re sitting on a park bench. It’s a great day. I have one apple with me. I give it to you. You now have one apple and I have zero. That was simple, right? Let’s look closely at what happened: My apple was...by
Cdhandho16 January 2023
How to manage Bitcoin like a whale?
Deep in the void of cyberspace swims a mythical creature known for being as vast and immovable as time itself. It rarely comes to the surface, but when it does, oh does it make a splash. The bitcoin whale is a legend that harkens back to the...by
Bitcoin Awakening15 January 2023
If Bitcoin…
“If Bitcoin is a new form of life: * Electricity is its food * The Internet is its circulatory system * Miners are its hearts * Blocks are the heartbeats * Full nodes are the white blood cells * Human participants are the brain cells”...by
Bitcoin Awakening11 January 2023
Bitcoin and the Rise of the Cypherpunks
While many of the innovations in the space are new, they’re built on decades of work that led to this point. By tracing this history, we can understand the motivations behind the movement that spawned bitcoin and share its vision for the future. From bitcoin to blockchain to distributed...by
Cdhandho6 January 2023