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Hasty reporting and subpar fact-checking caught a number of the world's leading media outlets in an awkward situation on Monday as a fake press release made it into their headlines. "Walmart to accept payments with cryptocurrencies using Litecoin," a CNBC article headline originally read, in the
Bitcoin infrastructure firm Blockstream has partnered with Macquarie Group to build a new bitcoin mining facility with a focus on carbon-neutral energy sources. Macquarie is an Australian investment bank with more than $400 billion in assets under management. The group has been heavily involved in supporting renewable energy developments and
El Salvador made history on Tuesday, September 7th as the first country to make Bitcoin legal tender. 72 hours later, a government advisor for the Central American country revealed it will exempt foreign investors from paying taxes on Bitcoin profits, both on capital gains and income in bitcoin. With this
News • Politics • Sep 12, 2021
El Salvador made history on Tuesday, September 7th as the first country to make Bitcoin legal tender. 72 hours later, a government advisor for the Central American country revealed it will exempt foreign investors from paying taxes on Bitcoin profits, both on capital gains and income in bitcoin. With this
News • Politics • Sep 12, 2021
Hasty reporting and subpar fact-checking caught a number of the world's leading media outlets in an awkward situation on Monday as a fake press release made it into their headlines. "Walmart to accept payments with cryptocurrencies using Litecoin," a CNBC article headline originally read, in the
News • Business • Sep 12, 2021
Bitcoin infrastructure firm Blockstream has partnered with Macquarie Group to build a new bitcoin mining facility with a focus on carbon-neutral energy sources. Macquarie is an Australian investment bank with more than $400 billion in assets under management. The group has been heavily involved in supporting renewable energy developments and
News • Business • Sep 08, 2021
As El Salvador became the first country to accept bitcoin as a legal currency, many merchants in the country of 6.5 million began accepting bitcoin. From McDonald's to Pizza Hut, Salvadorans can now make their purchases with bitcoin. Since September 7th, dubbed "Bitcoin Day" by
News • Politics • Sep 06, 2021
Twitter appears to be testing a new feature in beta that has bitcoiners excited. A screenshot picturing what looks like a Twitter beta interface emerged on social media on Wednesday, showing instructions on how to use the Lightning Network to receive tips; a report by MacRumors mentions that "code
News • Business • Aug 31, 2021
Belarusian president Alexander Lukashenko has called on the country's workers to mine cryptocurrencies rather than "pick strawberries" on farms abroad. Speaking at the opening of the Petrikovsky mining and processing plant on August 27th, Lukashenko advocated for the more efficient use of energy, of which he
News • Politics • Aug 31, 2021
CoinDesk, the media outlet owned by Digital Currency Group, recently filed a Freedom of Information Law (FOIL) request with the State of New York, asking for documents regarding the composition of Tether's reserves. On Tuesday, an attorney for Tether and Bitfinex petitioned to block that release, claiming that
News • Markets • Aug 31, 2021