Nasdaq-listed Zhibao Technology to Take 3,500 Bitcoin in Proposed PIPE Financing
Bitcoin Magazine Nasdaq-listed Zhibao Technology to Take 3,500 Bitcoin in Proposed PIPE Financing Zhibao Technology, a Shanghai-based insurance-technology firm listed on the Nasdaq, said Wednesday it has signed a non-binding term sheet for a stock sale that would be paid for in bitcoin — some 3,500 coins, worth near $220 million at current prices. The […]
Crypto’s US Workforce Is Tiny, But Industry Punches Above Its Weight: Report
Bitcoin Magazine Crypto’s US Workforce Is Tiny, But Industry Punches Above Its Weight: Report The crypto industry may be relatively small in terms of employers — but the economic contribution is big. That’s according to a new report published by the National Cryptocurrency Association and the Pragmatic Policy Group, which reveals that while only 34,000 […]
Benchmark Raises Hut 8 Price Target After Bitcoin Miner Signs $9.8 Billion AI Data Center Deal
Bitcoin Magazine Benchmark Raises Hut 8 Price Target After Bitcoin Miner Signs $9.8 Billion AI Data Center Deal Investment bank Benchmark has raised its price target on Bitcoin miner Hut 8 following news that the company had signed a second 15-year lease worth $9.8 billion for its AI data center. Equity research analyst Mark Palmer […]
Lightning Labs Launches Wavelength: “Bitcoin on Easy Mode” for Developers and Autonomous Agents
Bitcoin Magazine Lightning Labs Launches Wavelength: “Bitcoin on Easy Mode” for Developers and Autonomous Agents Lightning Labs, the company developing core Lightning Network software including Lnd, Loop, and Taproot Assets, has released the alpha version of Wavelength. The toolkit enables developers and AI agents to add self-custodial Bitcoin payments to applications through a simple non-custodial […]
New Clarity Act Draft Would Bar Trump and Officials From Issuing Crypto, With a 2029 Sunset
Bitcoin Magazine New Clarity Act Draft Would Bar Trump and Officials From Issuing Crypto, With a 2029 Sunset Senate Republicans released an updated version of the Clarity Act on Wednesday, a draft that for the first time carries a crypto ethics agreement barring the president, vice president, members of Congress, federal judges, and other covered […]
Winklevoss Twins Donated $10 Million From Bitcoin Sale to Trump Super PAC
Bitcoin Magazine Winklevoss Twins Donated $10 Million From Bitcoin Sale to Trump Super PAC Crypto entrepreneurs Tyler and Cameron Winklevoss donated over $10 million after liquidating Bitcoin to American super PAC MAGA Inc., which supports President Donald Trump. A Tuesday filing shows each twin — the founders of the public crypto exchange, Gemini — donated […]