Announcement
Senate Bill Would Cut Taxes on $50 Bitcoin and Crypto Payments
Senate Bill Would Cut Taxes on $50 Bitcoin and Crypto Payments

On July 26th, 2022, Senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ) introduced a bill to the U.S. Senate that would exempt Bitcoin and cryptocurrency transactions up to $50 from capital gains taxes.  Reactions from Twitter toward the announcement have varied from supportive to many suggesting methods for performing

News  •  Bitcoin  •  Jul 26, 2022
Bitcoin Gaming Startup Receives $35 Million in Funding From Final Fantasy Game Maker
Bitcoin Gaming Startup Receives $35 Million in Funding From Final Fantasy Game Maker

A Bitcoin gaming startup called Zebedee has received $35 million in its Series B Funding round. This comes after they received $11.5 Million in a Series A round in September 2021. It is unclear whether the valuation has changed, but seeing as the user base has increased 10x in

News  •  Bitcoin  •  Jul 24, 2022
Three Arrows Capital Founders Speak Out After Company Implosion and Radio Silence
Three Arrows Capital Founders Speak Out After Company Implosion and Radio Silence

In an interview with Bloomberg, the founders of Three Arrows Capital (3AC) have finally broken their silence after five weeks since the dramatic downturn in the market and the implosion of their hedge fund. Su Zhu and Kyle Davies have stated that it was mainly due to their trades involving

News  •  Bitcoin  •  Jul 22, 2022
Former Coinbase Manager Arrested for Insider Trading
Former Coinbase Manager Arrested for Insider Trading

According to the Department of Justice, Ishan Wahi, former product manager for Coinbase, was detained on Thursday morning because of an insider trading scheme while he was working at Coinbase. The assistant director of the FBI explained that the defendants managed to generate illicit gains of over $1.5 million

News  •  Altcoins  •  Jul 22, 2022
Non-profit ₿trust Funds New Bitcoin Developers in Africa
Non-profit ₿trust Funds New Bitcoin Developers in Africa

The non-profit, ₿trust, has recently located the founding member for its new Africa Open Source Cohort that will be locating and educating new Bitcoin developers in Africa. ₿trust was initially funded with a 500 BTC donation by Square CEO Jack Dorsey and rapper Jay-Z in February 2021. ₿trust was created

News  •  Bitcoin  •  Jul 21, 2022
Senate Bill Would Cut Taxes on $50 Bitcoin and Crypto Payments
Senate Bill Would Cut Taxes on $50 Bitcoin and Crypto Payments

On July 26th, 2022, Senators Patrick Toomey (R-PA) and Kyrsten Sinema (D-AZ) introduced a bill to the U.S. Senate that would exempt Bitcoin and cryptocurrency transactions up to $50 from capital gains taxes.  Reactions from Twitter toward the announcement have varied from supportive to many suggesting methods for performing

News  •  Bitcoin  •  Jul 26, 2022
Featured Articles 4 Articles
Business View All
B HODL Expands Treasury to 164.487 Bitcoin Following ATM-Funded Purchase
B HODL Expands Treasury to 164.487 Bitcoin Following ATM-Funded Purchase

B HODL increased its holdings to 164.487 Bitcoin after purchasing one Bitcoin using funds from ATM share sales and capital allocation.

Coinbase and Fannie Mae-Approved Lender Better Launch Bitcoin-Backed Mortgages
Coinbase and Fannie Mae-Approved Lender Better Launch Bitcoin-Backed Mortgages

Coinbase and Better launched Bitcoin-backed mortgages using Fannie Mae-conforming loans.

Tether Advances Transparency Efforts With Planned Big Four Audit
Tether Advances Transparency Efforts With Planned Big Four Audit

Tether engaged a Big Four firm for its first full audit to improve transparency and oversight.

Capital B Increases Holdings to 2,888 Bitcoin After €2.7 Million Purchase
Capital B Increases Holdings to 2,888 Bitcoin After €2.7 Million Purchase

Capital B bought 44 Bitcoin for €2.7M, raising holdings to 2,888 Bitcoin with a 0.72% YTD yield, with backing from Adam Back.

Politics View All
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining
SEC Issues Guidance Clarifying Status of Digital Assets and Bitcoin Mining

SEC says Bitcoin mining does not meet the definition of a security and classifies Bitcoin as a digital commodity.

Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets
Kazakhstan Central Bank Plans up to $350 Million Allocation to Bitcoin and Digital Assets

Kazakhstan’s central bank plans to allocate up to $350 million from its reserves to Bitcoin and digital asset–related investments.

Bitcoiners Push Back on Quantum Computing Risk Claims
Bitcoiners Push Back on Quantum Computing Risk Claims

Bitcoiners say quantum computing does not pose an immediate threat and that the network has time to prepare for potential long-term risks.

CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading
CFTC Clears Path for Federally Regulated Spot Bitcoin and Crypto Trading

The CFTC will allow federally regulated spot Bitcoin and crypto trading for the first time as Bitnomial prepares to launch its new exchange.

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