U.S. Bitcoin Mining Pioneer GigaWatt Files for Bankruptcy in Washington

GigaWatt, one of the earliest players in Central Washington’s bitcoin boom, has filed for bankruptcy protection, making it the latest casualty in an industry hammered by falling prices, the Seattle Times reported on November 21, 2018. Washington Bitcoin Pioneer Seeks Chapter 11 Protection In the latest twist in an entrepreneurial saga stretching back to the early days of bitcoin, Washington mining pioneer GigaWatt has reportedly filed for bankruptcy. According to a report from the Seattle Times, employees of the East Wenatchee company, which hosts thousands of computer servers for cryptocurrency…

The Daily: Crypto Game Developer Raises $15M, Bitcoin Pioneer Faces Lawsuit

In today’s edition of The Daily, we look at a successful funding round for a developer of a popular cryptocurrency-powered game. We also report on a famous early entrepreneur in the Bitcoin space who has been accused of stealing money to buy Maserati cars, big powerboats and luxury real estate. Also Read: Lawyer Invests $300 Million to Build Crypto City in the Nevada Desert Google and Samsung Investin Crypto Kitties Developer Dapper Labs — the developer behind Crypto Kitties, the game that famously clogged up the Ethereum network — has announced…

Apple Pioneer Steve Wozniak Joins Blockchain Fund as Co-Founder

Steve Wozniak, the tech entrepreneur best known as the co-founder of Apple, has joined EQUI Global, a venture capital fund built using blockchain technology, as a co-founder. In a Medium post published by the company, Wozniak said that he will scout for technology companies to find the “tech stars” of the future. He also said that he receives innovative pitches regularly; however, this is the first time, after Apple, that he has agreed to join a company. Wozniak added that he believes technology has the power to modify and improve businesses. EQUI…

VOIP Pioneer Says New Startup Is Paying Users Interest on Millions in Crypto

Celsius, a cryptocurrency lending startup, says it’s paying thousands of users interest for depositing bitcoin and ether with its wallet app. Revealed exclusively to CoinDesk, Celsius claims to have garnered more than 10,000 users since the soft launch of its mobile app on June 29, with an average deposit of 0.5 bitcoin or 5.5 ether earning up to 6.7 percent on an annualized basis. The interest comes from income Celsius makes lending fiat and crypto, much of the latter to hedge funds that want to short, or bet against, the…

Bitcoin Journalist Pioneer: Jamie Redman Has Over 2,000 Articles Published

Journalist Jamie Redman is a pioneer. He’s one of first writers in the world to make his living by covering the cryptocurrency ecosystem. Readers count on his good judgement, perspective, careful study, and nonstop production to give them insight literally no one else can. He’s also the lead writer at news.Bitcoin.com, and is prized by colleagues for his energy and positivity. He’s recently crossed being published over 2,000 times here at the news desk. The number is impressive for sure, but it is also time to reflect on his body…