DIGIT

400+ Miners Seized in Venezuela Due to Lack of Permits

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Authorities seized more than 400 Bitcoin miners in Venezuela this weekend in two major confiscations. Local reports indicate military personnel seized 332 miners from a transport truck. In another procedure, authorities seized 72 miners hidden in a house. These activities resulted in the apprehension of four individuals. Mining in Venezuela is perfectly legal, but it … Read more

Microstrategy Buys $489M Worth of Bitcoin — Company Now Holds More Than 100,000 BTC

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The independent, publicly-traded business intelligence company Microstrategy announced the acquisition of 13,005 bitcoin on Monday, at a purchase price of approximately $489 million in cash. The company’s CEO Michael Saylor revealed the latest purchase on Twitter, and the firm now has more than 100,000 bitcoins on its balance sheet. Microstrategy Now Holds 105,085 Bitcoin Michael … Read more

Bitcoin for Beginners

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From the day Bitcoin came into our lives, it has managed to divide the investment world and create a whole new market, that of cryptocurrencies. But some still don’t all know what bitcoin is and how it works. It makes sense to ask, “How do I earn bitcoin? Or, how do I buy bitcoin, and what will it do … Read more

The US Government Is Auctioning $377K Worth of Bitcoin and Litecoin

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The U.S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5 p.m. on Monday, with the possibility of an extended closing time. The government auction house is selling the digital assets in 11 lots and so far, the lots have seen active bidding. The GSA … Read more