News
News
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
It's no secret that many central bank officials are no fans of Bitcoin. Jerome Powell, current Chairman of the Federal Reserve, framed Bitcoin as a "speculative store of value" in a 2019 speech in front of the U.S. Senate. Powell then dismissed fears that Bitcoin
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, 2020It 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, 2020A 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, 2020When 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, 2020The 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, 2020The 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, 2020Lightning-based Bitcoin derivatives trading platform LN Markets announced it has closed a pre-seed funding round with investors such as Bitfinex, Fulgur Ventures, and Arcane Crypto. LN Markets told the BTC Times that since launching their alpha in March earlier this year, it had aggregated over $10 million in total volume,
News - Bitcoin - Sep 07, 2020Peer-to-peer trading platform Bisq will soon add support for Segregated Witness (SegWit), according to a tweet on Saturday. Activated in August of 2017, SegWit introduced a number of improvements to Bitcoin’s performance, including an increase in Bitcoin’s theoretical block size that enabled fee savings for users, as well
News - Bitcoin - Sep 06, 2020