Author: Frank Corva

Firm Identify: Ark LabsFounders: Marco Argentieri and Simone GiacomelliDate Based: June 2024Location of Headquarters: EuropeVariety of Workers: Six full timeWeb site: https://arklabs.to/Public or Non-public? Non-publicTen years in the past, simply after graduating from highschool, Marco Argentieri started his profession in Bitcoin.A few of his earliest work within the trade included serving to individuals make remittance funds utilizing bitcoin. From these early days, Argentieri checked out bitcoin extra like a forex and fewer like an funding, and he helped to make it simpler for others to make use of.“I had many individuals that have been utilizing Bitcoin as a result of…

Observe Frank on X. On Tuesday, Breez introduced its newest accomplice, Yopaki, a Mexican neobank. Yopaki has built-in with Breez’s free and open-source SDK, which allows its customers to have a non-custodial Lightning pockets with out having to run their very own Lightning node. (Extra on how this works right here.)Earlier than persevering with, I’ve to say that I get a bit of bit jealous each time Breez makes such bulletins, as a result of they make me want that Breez may accomplice with neobanks or Bitcoin apps accessible to residents in New York State, like myself.The factor is although,…

Comply with Frank on X. This morning MARA, the biggest publicly-traded Bitcoin mining firm, shared that it is going to be rolling out three new knowledge facilities within the U.S.Would it not have made such an announcement had Harris received the election? Most likely. (It’s not like they whisked up these knowledge facilities in a single day.)However would they’ve made the announcement with such gusto, highlighting the truth that the bitcoin the corporate mines shall be “Made In USA”? Most likely not.American compute energy is accelerating. Right now, we’re saying:-Three new knowledge facilities.-Owned and operated in Ohio.-372 megawatts of capability.#Bitcoin…

Observe Frank on X. Final week, Ulrich Bindseil and Jürgen Schaaf of the European Central Financial institution (ECB) printed a paper entitled “The distributional penalties of Bitcoin” during which they made a bunch of doubtful claims about Bitcoin.The notions that those that are late to investing in bitcoin are impoverished by those that have been early to investing in it and that Bitcoin has failed as a funds know-how are the authors’ central arguments.Bitcoin analyst Tuur Demeester sounded the alarm in regards to the report on X.1/ This new paper is a real declaration of struggle: the ECB claims that…

Firm Identify: BitaxeFounders: SkotDate Based: Early 2023Location of Headquarters: North Carolina + distant crewQuantity of Bitcoin Held in Treasury: N/AVariety of Staff: ~12 common contributorsWeb site: https://bitaxe.org/Public or Personal? Open-source mission (not an organization)Bitaxe’s founder, who goes by the nym Skot, has taken his passion of tinkering with electronics and never solely reworked it right into a full-time gig however has catalyzed hundreds to observe his lead.Harnessing his coaching as electrical engineer and his Bitcoin enthusiasm, Skot started deconstructing Bitmain’s Bitcoin mining machines roughly two years in the past. After gaining a greater understanding of how they work, he reverse…

Comply with Frank on X. This morning, River introduced its Bitcoin Curiosity on Money characteristic by way of which it would supply a 3.8% rate of interest — paid out in bitcoin — on the {dollars} you allow within the custody of the platform, which is FDIC insured as much as $250,000.This yield is akin to what you’d earn in a high-yield financial savings account by way of a web based financial institution like Ally, however once more, you’re incomes bitcoin with River.Should you’re like me, a Bitcoin fanatic who nonetheless likes to maintain a large money buffer in case…

Observe Frank on X. Now that Trump has been elected, Bitcoin fanatics and corporations alike are extra optimistic about the way forward for Bitcoin in america. We will clearly see this mirrored within the value of bitcoin, which continues to succeed in new all-time highs within the wake of the election.Whereas it’s thrilling for to observe US Bitcoiners breathe one thing of a collective sigh of aid as bitcoin’s value pumps (which is vital), it’s additionally important to acknowledge that we that if we don’t keep vigilant and lose our means to transact privately and as anonymously as potential with…

At Lightspark Sync, Lightspark’s first associate summit on Thursday, the corporate introduced new merchandise and options that may enable customers to make international funds with each bitcoin and fiat.The corporate introduced that it has launched an alpha model of Spark, a Bitcoin Layer 2 that’s interoperable with Lightning and that makes it cheaper to onboard customers to a non-custodial Bitcoin layer.The corporate additionally introduced new capabilities for UMA, the corporate’s open-source and regulatory compliant fee answer that makes sending cash so simple as sending an electronic mail.With UMA Lengthen, the Lightning Community can function a bridge between conventional banks globally,…

This morning, the Bitcoin Coverage Institute (BPI) launched a 53-page report on the professionals of the US establishing a strategic bitcoin reserve (SBR).In July, @CynthiaMLummis introduced the BITCOIN Act, the primary invoice in US Congress to suggest a strategic #bitcoin reserve.In our most complete report back to date, we recommend the US adopting a strategic reserve. Learn the report right here: https://t.co/xQJG2Ebksi pic.twitter.com/gq3yI7oJUO— Bitcoin Coverage Institute (@btcpolicyorg) November 4, 2024 The authors of the report touched on 4 key advantages of holding bitcoin as a strategic reserve asset:Financial and financial stability — bitcoin is a hedge towards foreign money debasement…

Firm Identify: LightsparkFounders: David Marcus, Kevin Hurley, Christina Smedley, James Everingham, Christian Catalini, Jai Massari and Tomer BarelDate Based: April 2022; Sequence A Might 2022Location of Headquarters: Los Angeles, CAQuantity of Bitcoin Held in Treasury: N/AVariety of Workers: 45Web site: https://www.lightspark.com/Public or Non-public? Non-publicDavid Marcus is taking his expertise as the previous head of PayPal and Meta Messenger and making use of it to constructing on Bitcoin’s Lightning Community.At Lightspark’s first companion summit, Lightspark Sync, he and his workforce rolled out new capabilities for the Common Cash Deal with (UMA) normal it launched one 12 months in the past. These…