News
Kraken Ordered to Turn Over Its Users Data to IRS
Kraken was ordered by a judge to hand over information on any user who surpassed $20k trading volume on any given year from 2016 to 2020.
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News
North Carolina To Commission A $50K Treasury Study To Find Out Whether It Should Hold Bitcoin
"The North Carolina House of Representatives has passed House Bill 721, which includes provisions to study the acquisition and potential benefits of virtual currency, with a specific focus on Bitcoin."
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Slovakia Lowers Bitcoin Capital Gains Tax Rate From 39% To 7%
Slovak parliament has accepted a new law lowering tax rate for the fiat profits from Bitcoin sales to just 7%. Until now the profits were taxed by a rate of 36-39% (together with variable health insurance fees).
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Tether & Bitfinex: Signed MOU with Georgia, Launched Bitfinex P2P, Issued $100k Grant to Qubes OS
Tether has signed a MOU with the government of Georgia, Bitfinex launched its P2P platform in Venezuela, Argentina and Colombia, and both companies provided funding for Qubes OS.
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Bitcoin Savings App Coinbits Caught in Prime Trust Fallout
Coinbits, a Bitcoin dollar-cost averaging (DCA) app that also has been sponsoring multiple Bitcoin shows and podcasts, has been forced to halt most of its features due to exposure to Prime Trust.
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MicroStrategy Issued and Sold $333M Worth of Shares, Bought Another 12333 BTC
The company now claims to be holding a total of 152,333 BTC.
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Prime Trust Placed Into Receivership, Lost $82M of Customer Funds
Nevada's Financial Institutions Division filed to take over crypto custodian Prime Trust and freeze all of its businesses after discovering a major hole on its balance sheet.
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Spiral Renews Developer Grant for Thunderbiscuit
Thunderbiscuit is working on BDK language bindings, sample mobile applications, Kotlin Multiplatform, and more.
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Riot Platforms Partnership Brings Production of MicroBT's ASICs to America
"Landmark deal includes an initial purchase of 33,280 miners to increase self-mining capacity to 20.1 EH/s upon full deployment in 2024. Agreement also includes an option to purchase up to 66,560 additional miners at same terms."
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News
Damus About To Be Removed From Apple's App Store As Mutilated v1.5 Gets Rejected
Damus v1.5 got rejected and is facing removal from the app store even though the app developers removed note zaps adhering to Apple's content-tipping policies.
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Native American Catawba Nation Seeks Help In Growing Their Bitcoin-friendly Jurisdiction
"We are seeking applicants with expertise in policymaking, financial regulations and banking to harmonize traditional and digital banking practices while fostering innovation."
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BTC Prague 2024 To Take Place on June 13-15, Early Bird Tickets Available Now
The conference is going to take place on June 13-15, 2024, at PVA EXPO Praha Letňany, in Prague, Czech Republic.
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