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Elon Musk’s electric vehicle company Tesla finished 2021 with $1.99 billion worth of bitcoin, according to their recent annual filing with the U.S. Securities and Exchange Commision (SEC). In a filing early last year, the company announced that they had purchased $1.5 billion worth of bitcoin
Canadian firm KPMG LLP announced the addition of bitcoin and ethereum to its corporate treasury. This represents the first time KPMG has purchased cryptocurrency and added it to its asset portfolio. Benjie Thomas, one of the Canadian Managing Partners at KPMG stated, "Investors such as hedge funds and family
Podcaster Dennis Porter announced on February 19th, 2022 that California “has introduced a bill to make #Bitcoin legal tender.” The announcement was reiterated by Former Majority Leader of the California State Assembly Ian C. Calderon. Calderon states that he and Porter are working on a bi-partisan bill that will explore
News - Bitcoin - Feb 21, 2022Podcaster Dennis Porter announced on February 19th, 2022 that California “has introduced a bill to make #Bitcoin legal tender.” The announcement was reiterated by Former Majority Leader of the California State Assembly Ian C. Calderon. Calderon states that he and Porter are working on a bi-partisan bill that will explore
News - Bitcoin - Feb 21, 2022Elon Musk’s electric vehicle company Tesla finished 2021 with $1.99 billion worth of bitcoin, according to their recent annual filing with the U.S. Securities and Exchange Commision (SEC). In a filing early last year, the company announced that they had purchased $1.5 billion worth of bitcoin
News - Business - Feb 21, 2022Canadian firm KPMG LLP announced the addition of bitcoin and ethereum to its corporate treasury. This represents the first time KPMG has purchased cryptocurrency and added it to its asset portfolio. Benjie Thomas, one of the Canadian Managing Partners at KPMG stated, "Investors such as hedge funds and family
News - Bitcoin - Feb 21, 2022On February 11th, popular cryptocurrency exchange Coinbase was notified of a possible exploit on their new Advanced Trading platform. The notification came from the pseudonymous white-hat hacker “Tree of Alpha,” who received a $250k bug bounty, the largest ever awarded by Coinbase. According to a blog posted by Coinbase on
News - Bitcoin - Feb 20, 2022U.S. states Georgia and Illinois recently proposed bills that would provide tax incentives for Bitcoin miners. On Thursday, state lawmakers in Georgia introduced a bill that would provide tax exemptions for the sale or use of electricity in mining activities. In late January, the Illinois state senate introduced a
News - Bitcoin - Feb 19, 2022Bit2Me announced on February 17th, 2021 that the Central Bank of Spain will now allow the company to operate within the country. Bit2Me is a Bitcoin and cryptocurrency trading platform that was founded in 2014 with headquarters in Spain. The company also provides banking services for their users. In October
News - Bitcoin - Feb 18, 2022Bitcoin miners are finding creative ways to recycle the heat generated from their equipment. One Netherlands-based mining company - Bitcoin Bloem - has partnered with a Dutch farmer to help heat greenhouses and to cultivate “Bitcoin Flowers.” Bitcoin Bloem pays for the electricity costs of the miners and provides heat
News - Bitcoin - Feb 18, 2022Deputy Prime Minister Chrystia Freeland said in an announcement that names of both individuals and entities have been shared by the RCMP with financial institutions and accounts have been frozen and as well as investigation of crypto wallets. Both journalists and politicians are assisting in identifying anyone who has donated
News - Bitcoin - Feb 18, 2022