Monthly Archives: May 2021

Inner Mongolia, which recently banned bitcoin mining, has established a hotline for reporting illegal operations.In an announcement published yesterday, the The Inner Mongolia Development and Reform Commission (DRC) revealed that it has set up a hotline for reporting illegal Bitcoin mining operations taking place in the region.The announcement listed an in-person address, telephone number and…

This week’s newsletter discussed the previously proposed transaction relay reliability workshop, updates to Bitcoin software and more.The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers stay up-to-date with Bitcoin, we're republishing the latest…

Wells Fargo will launch an actively-managed cryptocurrency strategy to qualified investors, likely to include some form of bitcoin exposure.Wells Fargo is apparently preparing to embrace bitcoin and other cryptocurrencies, as Darrell Cronk, the president of the bank’s investment institute, told Business Insider that a research division is “planning to evaluate and onboard an actively managed…

Cryptocurrency lending platform BlockFi has mistakenly awarded a “couple hundred” bitcoin to users in botched promotional giveaways.Cryptocurrency lending platform BlockFi accidentally deposited significant amounts of bitcoin into users’ accounts while apparently intending to deposit less valuable amounts of a USD stablecoin as part of a promotional rewards program, according to users on Reddit.In a message…