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Satoshi's Journal
Bitcoin News

Daily Bitcoin News: August 12, 2022

Millicent Odife-MartinsBy Millicent Odife-MartinsAugust 12, 2022No Comments2 Mins Read

BlackRock Still Sees Substantial Interest From Institutional Clients

BlackRock Inc, the world’s largest asset manager, has launched ” BlackRock bitcoin private trust.’

Despite the steep downturn in the digital asset market, BlackRock still sees substantial interest from institutional clients. The asset manager added that bitcoin is the oldest, largest, and most liquid crypto asset and Is currently within the crypto asset space

Source: Bitcoin.com

Vinteum Set To Fund Bitcoin Developers In Latin America

The non-profit organization Vinteum launches funding for Bitcoin developers in Brazil, Latin America

The organization will provide educational onboarding and funding for bitcoin developers in Brazil and globally furthering bitcoin’s decentralized global nature. Vinteum Executive Director, Lucas Ferreira told Bitcoin Magazine to onboard developers.

Chain code labs seminars utilizing languages like Portuguese will translate the curriculum allowing Brazilian Bitcoin developers to build on the bitcoin protocol within cohorts. 

Source: Bitcoin Magazine

Celsius Creditors Take Their Stand

Celsius creditors make moves to block the company from selling mined bitcoin. The company has previously said that it will use its mining operation to pay back creditors and clients. Celsius’s assurances turned out not to be so, as the company initiated a pause and halted all account holder withdrawals due to extreme market conditions.

Source: Decrypt

Opinions expressed here are entirely that of the writer and do not necessarily reflect those of Satoshi’s Journal or Satoshi’s Entertainment Company.

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