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Vivek Sen

Vivek Sen
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Vivek has been fascinated by Bitcoin since he discovered it in 2016. He also runs a Bitcoin marketing agency, Bitgrow Lab, and he used to work at a Bitcoin VC fund, Lightning Ventures. He loves growth, marketing, startups, and writing. He is an EU news reporter for Bitcoin Magazine.

Singapore’s DBS Bank to Launch Bitcoin and Crypto Options for Institutions

BUSINESS Vivek Sen -
Singapore's largest bank, DBS, will begin offering OTC bitcoin and crypto options trading for institutional clients in Q4 2024. DBS is the first major Asian bank providing sophisticated Bitcoin derivatives amid rising allocation demand.

Arthur Hayes’s Family Office Funds Bitcoin Core Developer

BUSINESS Vivek Sen -
Arthur Hayes's family office Maelstrom awarded the first grant from its Bitcoin developer program to contributor Rkrux. The funding will support Rkrux working full-time on contributing to Bitcoin Core as an open source project.

Bitcoin Mining Shutdown Cause 20% Surge in Electricity Bills

BUSINESS Vivek Sen -
The shutdown of a Bitcoin mining facility in Norway caused a 20% increase in electricity bills for the town's residents. The loss of the mining operation's revenue forced the local power company to raise rates to offset costs.

MicroStrategy Buys Additional $1.11 Billion Worth of Bitcoin

BUSINESS Vivek Sen -
MicroStrategy purchased an additional 18,300 bitcoins for $1.11 billion, boosting its total Bitcoin trove to 244,800 BTC acquired for $9.45 billion. The company continues its Bitcoin accumulation strategy, capitalizing on BTC appreciation.

Bitcoin and Crypto Exchange HTX To Integrate Lightning Network

BUSINESS Vivek Sen -
One of the leading Bitcoin and crypto exchange HTX announced integration of Bitcoin's Lightning Network to enable faster, cheaper payments.

Bitcoin Mining Difficulty Hits Record 92 Trillion

BUSINESS Vivek Sen -
The Bitcoin mining difficulty hit a record high of 92.67 trillion on September 11, displaying intensifying competition on the network. The rise indicates greater security from surging collective computing power dedicated to mining Bitcoin.

Metaplanet Buys Additional ¥300 Million Worth of Bitcoin

BUSINESS Vivek Sen -
Publicly-listed Metaplanet purchased an additional ¥300 million ($2.2M) in Bitcoin, bringing its total holdings to 398.8 BTC bought for ¥3.75 billion ($27.6M).

Australian Bitcoin ETF to Implement Proof of Reserves with Hoseki

BUSINESS Vivek Sen -
Australia's Monochrome Bitcoin ETF is partnering with Hoseki to implement proof-of-reserves, becoming the first Australian spot Bitcoin ETF to provide daily verification of holdings.

Japan’s Largest Power Company TEPCO is Mining Bitcoin Using Renewables

BUSINESS Vivek Sen -
Japan's largest power company TEPCO has begun mining Bitcoin through its subsidiary using excess renewable energy, showing how Bitcoin can incentivize green energy growth.

Mastercard Launches Euro Denominated Non-Custodial Bitcoin Debit Card

BUSINESS Vivek Sen -
Mastercard has launched a euro debit card enabling direct spending of Bitcoin and crypto from non-custodial wallets at its over 100 million merchants. The move reflects Mastercard's expanding efforts to bridge Bitcoin with its traditional payments network.
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