September 22, 2021

Jimmy Aki

Jimmy has been following the development of blockchain for several years, and he is optimistic about its potential to democratize the financial system.

Articles From This Author

Bitstop Installs One-Way Bitcoin ATMs Into Simon Malls
Markets

Bitstop Installs One-Way Bitcoin ATMs In Simon Malls

Compute North’s latest and largest colocation center will provide 100 megawatts of power in Nebraska with bitcoin mining clients in mind.
Business

Compute North Announces Nebraska Colocation Center for Bitcoin Mining

The partnership will give Tagomi’s institutional clients access to Binance.US trading pairs, including BTC, and furnish Binance.US with more liquidity.
Markets

Binance.US and Tagomi Partner to Offer Institutional Liquidity and Access

Grayscale Investments has voluntarily filed to have its Bitcoin Trust, the first digital currency investment product, regulated by the SEC.
Business

Grayscale Files to Make Bitcoin Trust First to Be Regulated by SEC

Cashaa has announced forthcoming dollar-based banking services for cryptocurrency companies based in the U.S., stepping in for traditional banks.
Business

Cashaa Announces U.S. Dollar Bank Accounts for Cryptocurrency Firms

A proof-of-concept developed at a hackathon in Portugal could replace fiat change with Lightning-delivered sats.
Business

LightningCashback Wants to Replace Fiat Change With Sats

Bitcoin News Week in Review
Business

Bitcoin Magazine’s Week in Review - November 9th, 2019

Federal agencies in Russia are reportedly developing proposals for confiscating cryptocurrencies by 2021. What could it mean for the country?
Business

Russia Prepares Law to Allow Cryptocurrency Confiscation

With new licensure in Singapore, digital asset manager Sygnum wants to offer cryptocurrency investment options that attract institutional investment.
Business

With Expansion in Singapore, Sygnum Focuses on Institutional Investors

Bitcoin News Week in Review
Business

Bitcoin Magazine Week in Review - November 2nd, 2019

By inadvertently including the majority of its users’ emails in an update email, cryptocurrency exchange BitMEX has compromised their privacy.
Culture

BitMEX Compromises User Data in Email Gaffe

A Russian aluminum plant, whose owner has been hit by U.S. sanctions, will lease space to a cryptocurrency mining company.
Business

Russian Aluminum Plant Set to House Cryptocurrency Mining Farm

Following new forex restrictions that limit the amount of USD that Argentines can buy, bitcoin is poised to become a go-to haven in Argentina.
Culture

Why Bitcoin Is the Perfect Haven for Argentines in This Economic Crunch

The online banking platform Cashaa has enabled fiat deposits so that those in India can purchase bitcoin using the Indian rupee.
Markets

Cashaa Rolls Out Bitcoin Purchasing Option for India

Major cryptocurrency exchange Binance has opened fiat deposits for Nigerians, using the naira in the exchange’s first-ever listed fiat trading pair.
Markets

Binance Opens Fiat Deposits for Nigerians

After launching a beta in July 2019, Opera is launching full-blown support for bitcoin on its Android browser.
Business

Opera Launches Support for Bitcoin Payments on Its Android Browser

Chinese bitcoin mining equipment manufacturer Bitmain has opened a headquarters in Texas, marking the latest in a trend for the Lone Star State.
Business

Bitmain Opens 50 MW Bitcoin Mining Center in Texas

Bitcoin News Week in Review
Business

Bitcoin Magazine Week in Review - October 19th, 2019

Cryptocurrency exchange Bitpanda has launched a service designed to provide a quick way of paying bills and transferring funds to bank accounts.
Technical

Bitpanda Launches Quick Payment Service for Fiat Settlement

Layer1 has secured new funding to develop a full-stack bitcoin mining infrastructure and bring more of the global hash power to the U.S.
Business

Layer1 Secures $50M in Funding to Rebalance the Global Bitcoin Hash Power

Grayscale Investments took in $255 million in Q3 2019, setting a new quarterly record, despite the fact that the bitcoin price has dipped.
Markets

Grayscale Posts Record Quarter Despite Slump in Bitcoin Prices

A consortium including CoinShares and Blockchain has launched a gold-backed token on a Bitcoin sidechain.
Technical

CoinShares, Blockchain Launches “Digital Gold” Token on Bitcoin Sidechain

coinbase ireland
Business

Coinbase Eyes EU Market With a New Irish E-Money License

Bitcoin News Week in Review
Business

Bitcoin Magazine's Week in Review - October 12th, 2019

Hong Kong BTCPay BitPay
Technical

Hong Kong Free Press Gives BitPay the Boot, Brings BTCPay Onboard

Binance launched a P2P platform that circumvents the cryptocurrency exchange ban in China. Traders can connect directly through WeChat and Alipay.
Markets

Binance Adds P2P Platform for Chinese Investors, Supports Alipay and WeChat

The IRS has attempted to add tax clarity for cryptocurrencies following hard forks and airdrops but questions remain.
Business

IRS Releases Tax Guidance on Hard Forks and Airdrops

The widow of QuadrigaCX’s late founder has agreed to turn over about $9 million of assets to the exchange’s victims.
Culture

Widow of QuadrigaCX Founder to Forfeit $9 Million to Exchange Victims

Traki, one of the largest retail chains in Venezuela, has installed its first bitcoin ATM — another step in the country’s adoption of cryptocurrency.
Markets

Major Department Store Chain in Venezuela Adds First Bitcoin ATM

Bitcoin News Week in Review
Business

Bitcoin Magazine’s Week in Review - October 5th, 2019

New York–based Stone Ridge Asset Management has filed to launch a bitcoin futures fund, vying to add to the growing list of investment vehicles now offered.
Markets

Stone Ridge Wants Bitcoin Futures to Join List of Investment Vehicles

A recent ruling by a court in South Korea could see cryptocurrency exchanges held responsible for compensating hack victims.
Business

South Korean Court Sets Compensation Precedent for Cryptocurrency Exchanges

A report from the Blockchain Transparency Institute indicates that wash trading by cryptocurrency exchanges has dropped significantly this year.
Markets

Report: Wash Trading Plunges by 35 as Crypto Exchanges Start to Play Fair

Bitcoin News Week in Review
Business

Bitcoin Magazine Week in Review - September 29th, 2019

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Business

RSK Parent Company Acquires Taringa To Tokenize Social Media

South Korean cryptocurrency exchange Bithumb has launched an upgraded version of its website and new options for cryptocurrency investment.
Markets

Bithumb Announces Revamped Platform With New Fiat-to-Crypto Options

Retail software provider Global P.O.S. declared that more than 25,000 points of sale in France will be able to accept bitcoin payments beginning in 2020.
Technical

25,000 Points of Sale in France to Accept Bitcoin Payments

Binance has announced the launch of Binance.US, an American-focused, fiat-to-cryptocurrency trading platform.
Markets

Binance Welcomes Back U.S. Clients With Dedicated, Compliant Platform

Bitcoin News Week in Review
Business

Bitcoin Magazine Week in Review - September 21st, 2019

CME Group has announced that it will offer options on its bitcoin futures contracts beginning in the opening months of 2020.
Markets

CME Group to Offer Options on Bitcoin Futures in Q1 2020

Abra has announced a partnership that will provide a cash-to-bitcoin platform at 6,000 retail outlets in the Philippines, including every 7-Eleven.
Culture

Bitcoin Now Available at Every 7-Eleven Store in the Philippines

GK8 cold wallet
Culture

New Cold Wallet Custody Solution Strives to Eliminate Cryptocurrency Hacks

The French government will not be imposing taxes on crypto-to-crypto trades and will only tax cryptocurrency gains when they are converted into fiat.
Business

France Takes Out Tax Requirements on Crypto-to-Crypto Trades

New research from Gate Trade surveyed more than 1,500 Iranian bitcoiners and gleaned insight into their earnings, obstacles and interest in mining.
Culture

New Research Offers Insight Into Iranian Bitcoiners

Bakkt’s qualified custodian arm, the Bakkt Warehouse, is now open, marking a significant step toward the launch of its bitcoin futures offering.
Markets

The Bakkt Bitcoin Futures Warehouse Is Live

BX-Thailand-closes
Markets

Thai Crypto Exchange BX.in.th Shuts Down

BTC Turk QB
Business

BtcTurk Inks Sponsorship Deal With Yeni Malatyaspor

Bitcoin News Week in Review
Culture

Bitcoin Magazine’s Week in Review: Bitcoin in Focus

Binance X, an initiative from the cryptocurrency company focused on resources for developers, is mostly focused on the company’s own initiatives.
Business

Will Binance’s Accelerator Program Help Bitcoin?

The new mobile app from German bitcoin banking service Bitwala lets users set up bank accounts tied directly to bitcoin funds from their smartphones.
Business

Bitwala Launches Mobile App for Bitcoin Banking