Namcios

Namcios
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Namcios is a features writer and reporter at Bitcoin Magazine covering relevant news and developments in Bitcoin.

Gryphon Mining Buys 7,200 Bitcoin Mining Rigs For $48 Million

Bitcoin mining company in the making Gryphon has announced an agreement to purchase 7,200 Antminer S19J Pro for $48 million from Bitmain.

One Of The Oldest Hydro-Power Stations In The U.S. Is Mining Bitcoin

An old hydro-power station in the U.S. has started mining bitcoin to make three times as much money as selling the energy.

While Europe Demonstrates Totalitarian Inclinations, Bitcoin Comes To The Rescue

Recent moves by European countries have demonstrated an apparent inclination towards totalitarianism, something Bitcoin can help fight.

Former CFTC Chair: A Bitcoin ETF Would Be Good For Investors And Regulators

Timothy Massad delineates the case for the SEC to approve a bitcoin ETF, something he claims could benefit retail investors and regulators.

Bitcoin Exchange Bybit To Require Stricter KYC, Including Facial Recognition

Bitcoin derivatives exchange Bybit will require stricter KYC verification for users who wish to withdraw more than 2 BTC per day.

FinCEN Brings Michele Korver As First “Chief Digital Currency Advisor”

The U.S. FinCEN has hired Michele Korver, previously in the DOJ Digital Currency Council, as the first-ever Chief Digital Currency Advisor.

Ukrainian Mobile Only Bank Monobank To Provide Bitcoin Trading Services

Monobank will integrate bitcoin exchange services to allow its customers to buy and sell BTC from its mobile banking app.

Dutch Football Team To Hold Bitcoin On Balance Sheet Through New Partnership

AZ Alkmaar will receive bitcoin payments from its new sponsor, local exchange Bitcoin Meester, and hold it on its balance sheet until 2024.

Hut 8 Buys 11,090 New Bitcoin Mining Rigs For $44 Million

North American bitcoin mining company Hut 8 has purchased 11,090 rigs for $44 million to complement an earlier purchase of 863 machines.

Largest Exchange In Latin America, Mercado Bitcoin, Raises $200 Million From SoftBank

Major Brazilian exchange Mercado Bitcoin has raised $200 million from SoftBank and will seek to increase offerings and penetrate new markets.

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