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Bitcoin and Crypto Exchange Bittrex Inc. Has Filed for Chapter 11 Bankruptcy
Bitcoin and Crypto Exchange Bittrex Inc. Has Filed for Chapter 11 Bankruptcy
News  •  Bitcoin  •  May 08, 2023 by Deniz Saat

Bitcoin and cryptocurrency exchange Bittrex, founded in 2014, has filed for bankruptcy in the state of Delaware.  The decision was made following the company's announcement that it would terminate all U.S. operations on April 30th, after being charged by the U.S. Securities and Exchange Commission (SEC)

After a Brief Suspension, P2P Bitcoin Exchange Paxful Is Back Online
After a Brief Suspension, P2P Bitcoin Exchange Paxful Is Back Online
News  •  Bitcoin  •  May 08, 2023 by Deniz Saat

According to a blog post by Paxful, a P2P Bitcoin exchange, the company has resumed operations after being closed for more than a month. The company stated that they are pleased to announce that the Paxful marketplace is now live again after being offline for more than a month. “In

Liechtenstein Government to Allow Bitcoin Payments in Planned Move
Liechtenstein Government to Allow Bitcoin Payments in Planned Move

As per the statement of Prime Minister Daniel Risch to German newspaper Handelsblatt, Liechtenstein's government intends to allow Bitcoin to be used as payment for state services. Under the proposal outlined by Risch, Bitcoin or cryptocurrency received by the government would be immediately converted to Swiss francs to

News  •  Bitcoin  •  May 09, 2023
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Liechtenstein Government to Allow Bitcoin Payments in Planned Move
Liechtenstein Government to Allow Bitcoin Payments in Planned Move

As per the statement of Prime Minister Daniel Risch to German newspaper Handelsblatt, Liechtenstein's government intends to allow Bitcoin to be used as payment for state services. Under the proposal outlined by Risch, Bitcoin or cryptocurrency received by the government would be immediately converted to Swiss francs to

News  •  Bitcoin  •  May 09, 2023
Bitcoin and Crypto Exchange Bittrex Inc. Has Filed for Chapter 11 Bankruptcy
Bitcoin and Crypto Exchange Bittrex Inc. Has Filed for Chapter 11 Bankruptcy

Bitcoin and cryptocurrency exchange Bittrex, founded in 2014, has filed for bankruptcy in the state of Delaware.  The decision was made following the company's announcement that it would terminate all U.S. operations on April 30th, after being charged by the U.S. Securities and Exchange Commission (SEC)

News  •  Bitcoin  •  May 08, 2023
After a Brief Suspension, P2P Bitcoin Exchange Paxful Is Back Online
After a Brief Suspension, P2P Bitcoin Exchange Paxful Is Back Online

According to a blog post by Paxful, a P2P Bitcoin exchange, the company has resumed operations after being closed for more than a month. The company stated that they are pleased to announce that the Paxful marketplace is now live again after being offline for more than a month. “In

News  •  Bitcoin  •  May 08, 2023
Montana Approves Legislation Safeguarding Bitcoin Mining Against Excessive Regulations
Montana Approves Legislation Safeguarding Bitcoin Mining Against Excessive Regulations

A bill passed by the Montana legislature has been designed to safeguard the right to engage in Bitcoin mining and includes additional provisions. The legislation aims to ensure that Bitcoin miners are not unfairly discriminated against or subjected to unnecessary requirements while mining. The Bitcoin mining industry has previously encountered

News  •  May 04, 2023
North Carolina House Approves Legislation to Ban CBDC Payments to State
North Carolina House Approves Legislation to Ban CBDC Payments to State

North Carolina's House of Representatives has given its unanimous approval to House Bill 690, which bans the use of CBDCs for making payments to the state, and bars any state involvement in Federal Reserve branch trials of CBDCs. The bill is now set to be passed by the

News  •  Bitcoin  •  May 04, 2023
Bitcoin Non-Profit OpenSats Receives $10 Million in Funding From Jack Dorsey’s #startsmall Initiative
Bitcoin Non-Profit OpenSats Receives $10 Million in Funding From Jack Dorsey’s #startsmall Initiative

Jack Dorsey's philanthropic endeavor, #startsmall, has donated $10 million in funding for OpenSats, a non-profit organization that supports the development of free and open-source software and projects related to Bitcoin, Nostr, and other related technologies. The donation will be used for developing a self-sufficient ecosystem and ensure a

News  •  Bitcoin  •  May 04, 2023
Bitdeer Teams up With Druk Holding and Investments To Establish Bitcoin Mining Venture in Bhutan
Bitdeer Teams up With Druk Holding and Investments To Establish Bitcoin Mining Venture in Bhutan

Bitdeer Technologies Group and Druk Holding and Investments have joined forces to create a Bitcoin and digital asset mining venture in the Kingdom of Bhutan that will operate entirely on renewable energy.  This collaboration aims to advance Bhutan's digital transformation and economic growth, as well as broaden Bitdeer&

News  •  Bitcoin  •  May 03, 2023
Biden Administration Proposes 30% Tax on Energy Consumption by Bitcoin Miners
Biden Administration Proposes 30% Tax on Energy Consumption by Bitcoin Miners

In the Fiscal Year 2024 budget proposal, the President has included the Digital Asset Mining Energy (DAME) excise tax, which would require mining companies to pay a 30% tax on the electricity used for mining Bitcoin or other digital assets.  The White House aims to tackle claimed economic and environmental

News  •  Bitcoin  •  May 03, 2023
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