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30 May 23

US debt ceiling deal cancels 30% bitcoin mining tax

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied A tentative deal aimed at averting a US government default on its debts has relieved cryptocurrency miners, particularly bitcoin (BTC) ones. Ohio Representative Warren Davidson has revealed that the proposed agreement includes removing a controversial tax on the energy consumption of […]

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04 May 23

Former Coinbase exec cancels $1m bitcoin bet, donates $1.5m to charity

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Former Coinbase Chief Executive Officer (CTO) Balaji Srinivasan canceled his $1 million bet on bitcoin (BTC) on May 2 after it failed to reach $1 million within 90 days. Balaji gave $1.5 million to three organizations as part of the settlement, […]

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25 Apr 23

Binance.US cancels $1b purchase of Voyager

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Voyager has turned to Twitter to announce that Binance.US has backed out of its deal to purchase the company’s assets. The announcement comes after the U.S. government approved a $1 billion takeover transaction struck by the crypto exchange’s American subsidiary after […]

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