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U.S. Senators Express Outrage Over Fidelity Investments Bitcoin 401(k) Retirement Option
U.S. Senators Express Outrage Over Fidelity Investments Bitcoin 401(k) Retirement Option
News  •  Bitcoin  •  Jul 28, 2022 by Deniz Saat

Three U.S. senators wrote an open letter to the CEO of Fidelity Investments to express their disapproval of the firm's recent introduction of a Bitcoin 401(k) retirement plan. Senators Elizabeth Warren, Tina Smith, and Richard Durbin said it was “immensely troubling” that Fidelity offered exposure to

Foundry Logistics Arm Offers One-stop Shop for Bitcoin Mining Equipment
Foundry Logistics Arm Offers One-stop Shop for Bitcoin Mining Equipment
News  •  Bitcoin  •  Jul 28, 2022 by Deniz Saat

Foundry Digital LLC announced on July 28th, 2022 the launch of Foundry Logistics, a new division that advances the company's goal of establishing high standards for dependability, efficiency, and transparency in the Bitcoin and cryptocurrency mining sector. The company specializes in mining Bitcoin and other cryptocurrencies while being

New Foundry Academy Trains Bitcoin Mining Technicians
New Foundry Academy Trains Bitcoin Mining Technicians

Digital asset mining and staking firm Foundry has launched an initiative to train Bitcoin mining technicians. The program, known as Foundry Academy, completed its first training session back in May. The next session, set to begin on September 12, 2022, is already open for registration.   Executive Director Craig Ross states:

News  •  Bitcoin  •  Jul 29, 2022
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New Foundry Academy Trains Bitcoin Mining Technicians
New Foundry Academy Trains Bitcoin Mining Technicians

Digital asset mining and staking firm Foundry has launched an initiative to train Bitcoin mining technicians. The program, known as Foundry Academy, completed its first training session back in May. The next session, set to begin on September 12, 2022, is already open for registration.   Executive Director Craig Ross states:

News  •  Bitcoin  •  Jul 29, 2022
U.S. Senators Express Outrage Over Fidelity Investments Bitcoin 401(k) Retirement Option
U.S. Senators Express Outrage Over Fidelity Investments Bitcoin 401(k) Retirement Option

Three U.S. senators wrote an open letter to the CEO of Fidelity Investments to express their disapproval of the firm's recent introduction of a Bitcoin 401(k) retirement plan. Senators Elizabeth Warren, Tina Smith, and Richard Durbin said it was “immensely troubling” that Fidelity offered exposure to

News  •  Bitcoin  •  Jul 28, 2022
Foundry Logistics Arm Offers One-stop Shop for Bitcoin Mining Equipment
Foundry Logistics Arm Offers One-stop Shop for Bitcoin Mining Equipment

Foundry Digital LLC announced on July 28th, 2022 the launch of Foundry Logistics, a new division that advances the company's goal of establishing high standards for dependability, efficiency, and transparency in the Bitcoin and cryptocurrency mining sector. The company specializes in mining Bitcoin and other cryptocurrencies while being

News  •  Bitcoin  •  Jul 28, 2022
Core Scientific To Expand Mining Operations by 75 MW
Core Scientific To Expand Mining Operations by 75 MW

Core Scientific Inc. (NASDAQ: CORZ), which holds the third largest Bitcoin stack by a publicly traded company after MicroStrategy and Tesla, has announced that they are expanding their mining operation by 75 megawatts (MW). The company expects $50 million in increased revenue from the addition of new ASICs to its

News  •  Bitcoin  •  Jul 28, 2022
Joint Venture Komainu Receives Provisional License for Bitcoin and Crypto Services in Dubai
Joint Venture Komainu Receives Provisional License for Bitcoin and Crypto Services in Dubai

Institutional digital asset custody provider Komainu announced provisional regulatory approval from the Government of Dubai's Virtual Assets Regulatory Authority (VARA) to begin operational readiness. In the meantime, the company’s application will go through due diligence in accordance with VARA requirements. As a result, the company only has

News  •  Bitcoin  •  Jul 27, 2022
‘Bitcoin Stackchain’ Exceeds $160K in a Single Week
‘Bitcoin Stackchain’ Exceeds $160K in a Single Week

A Bitcoin community-driven meme packed quite the punch as a chain of Bitcoin buys have stacked over $160,000 or approximately 7 BTC within less than seven days in what is called, a “stackchain.” Here is the original tweet from @AriZonanHODL: Bitcoiners from around the world supported the movement as

News  •  Bitcoin  •  Jul 26, 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
Brazil’s Largest Investment Broker Will Offer Bitcoin Trading
Brazil’s Largest Investment Broker Will Offer Bitcoin Trading

XP Inc., Brazil’s largest investment broker by market value, will begin offering Bitcoin trading next month. In a report released by Reuters, the company said it will list Bitcoin on its trading platform, Xtage, by mid-August. According to Lucas Rabechini, the company’s director of financial products, there are

News  •  Bitcoin  •  Jul 26, 2022
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