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Tesla's Bitcoin Stash is Worth $2 Billion
Tesla's Bitcoin Stash is Worth $2 Billion
News  -  Business  -  Feb 21, 2022 by Daniel Kuhman

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

KPMG Canada Has Added Bitcoin to Its Corporate Treasury
KPMG Canada Has Added Bitcoin to Its Corporate Treasury
News  -  Bitcoin  -  Feb 21, 2022 by CJ

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

New California Legislation for Bitcoin and Cryptocurrency
New California Legislation for Bitcoin and Cryptocurrency

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, 2022
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New California Legislation for Bitcoin and Cryptocurrency
New California Legislation for Bitcoin and Cryptocurrency

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, 2022
Tesla's Bitcoin Stash is Worth $2 Billion
Tesla's Bitcoin Stash is Worth $2 Billion

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

News  -  Business  -  Feb 21, 2022
KPMG Canada Has Added Bitcoin to Its Corporate Treasury
KPMG Canada Has Added Bitcoin to Its Corporate Treasury

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

News  -  Bitcoin  -  Feb 21, 2022
White Hat Hacker Awarded $250k Bug Bounty by Coinbase
White Hat Hacker Awarded $250k Bug Bounty by Coinbase

On 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, 2022
Illinois and Georgia Hope to Use Tax Incentives to Attract Bitcoin Miners
Illinois and Georgia Hope to Use Tax Incentives to Attract Bitcoin Miners

U.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, 2022
Spain Authorizes First Bitcoin and Cryptocurrency Platform in the Country
Spain Authorizes First Bitcoin and Cryptocurrency Platform in the Country

Bit2Me 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, 2022
Bitcoin Miner Used to Heat a Greenhouse in Netherlands
Bitcoin Miner Used to Heat a Greenhouse in Netherlands

Bitcoin 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, 2022
Canada's RCMP is Freezing Bank Accounts
Canada's RCMP is Freezing Bank Accounts

Deputy 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
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