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It goes without saying that the concept of decentralized money and the U.S. Internal Revenue Service (IRS) are at odds. Hence, the U.S. tax agency has recently increased its efforts to crack down on tax crime enabled by Bitcoin and related technologies. In an August New York Times
A smart contract was recently deployed on the Bitcoin network to place a $10,000 bet on the outcome of the upcoming US presidential election, marking the first such instance of its kind. On September 8th, Nicolas Dorier, the founder of open-source Bitcoin payment processor BTCPay Server, said he used
Bitcoin infrastructure company Blockstream announced that it has joined the Crypto Open Patent Alliance (COPA), a day after the non-profit organization was launched by Square. According to its official website, COPA seeks to prevent “patent lockups” of cryptocurrency technologies, which may hinder smaller companies from leveraging technological developments, stifling growth
News • Bitcoin • Sep 10, 2020
Bitcoin infrastructure company Blockstream announced that it has joined the Crypto Open Patent Alliance (COPA), a day after the non-profit organization was launched by Square. According to its official website, COPA seeks to prevent “patent lockups” of cryptocurrency technologies, which may hinder smaller companies from leveraging technological developments, stifling growth
News • Bitcoin • Sep 10, 2020
It goes without saying that the concept of decentralized money and the U.S. Internal Revenue Service (IRS) are at odds. Hence, the U.S. tax agency has recently increased its efforts to crack down on tax crime enabled by Bitcoin and related technologies. In an August New York Times
News • Bitcoin • Sep 10, 2020
A smart contract was recently deployed on the Bitcoin network to place a $10,000 bet on the outcome of the upcoming US presidential election, marking the first such instance of its kind. On September 8th, Nicolas Dorier, the founder of open-source Bitcoin payment processor BTCPay Server, said he used
News • Bitcoin • Sep 10, 2020
When Twitter chief executive Jack Dorsey spoke to the Australian Financial Review in September 2019, he appeared interested in Bitcoin as a store of value, but unsure about its potential as a currency, stating that “it’s not functional as a currency. The peaks and troughs are like an investment
News • Bitcoin • Sep 09, 2020
The Beijing No. 1 Intermediate People’s Court denied an appeal filed by Bitcoin mining firm Bitmain that sought over 210 million yuan (approximately $30 million) in damages from its rival Poolin, according to a court filing made public this week. Bitmain Accuses Poolin Co-Founders of Violating Non-Competes Poolin and
News • Bitcoin • Sep 09, 2020
The French subsidiary of food delivery service Just Eat will accept Bitcoin payments for all orders placed in its mobile application, as per an announcement on Monday. Just Eat France lists over 15,000 restaurants from all over the country and had an estimated 26.8 million users in 2018,
News • Bitcoin • Sep 07, 2020
Obi Nwosu is the CEO and co-founder of Coinfloor, the UK's longest-running Bitcoin exchange. He has over 20 years’ experience building online marketplaces and bringing virtual currencies to tens of millions of people. Obi writes The Road to Bitcoin Hegemony, a weekly recap of some of the most
Opinion • Bitcoin • Sep 07, 2020