Tag: bitcoin

February 7th: Crypto news brief

It’s time again for our daily crypto news roundup. Here’s the latest from the world of cryptocurrency! Thanks for reading! Cryptopia – A Cryptocurrency Utopia in Puerto Rico? Puerto Rico offers an unparalleled tax incentive: no federal personal income taxes, no capital gains, and favorable business taxes. However, there are serious caveats. This tax break only applies to capital gains earned in Puerto Rico — so you’ll have to move there before becoming a Bitcoin billionaire. You’ll also lose your right to vote in federal elections. Entrepreneurs saw in this an opportunity, while also feeling a sense of urgency. Read...

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Bitcoin puzzle painting solved: winner claims 4.87 BTC

In 2015 @coin_artist published a painting, which contained a hidden private key for a BTC wallet with 4.87 BTC. Whoever deciphered the private key from the painting would gain access to the money as a reward. Last week the BTC have been transferred from the address, putting an end to 3 years of treasure hunting. Verifying the claim To make sure @coin_artist didn’t empty the wallet himself, Motherboard reached out to him to verify the puzzle has been solved. In a Telegram message, it seems that someone different had alerted the author the puzzle has been solved. The winner...

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Ukrainian parliament considers separate law for mining

The government of Ukraine has been steadily working on regulation of cryptocurrencies and mining for several months now. Lawmakers have criticized recent confiscations of mining equipment by the police, who claim that the mined coins were used to finance pro-Russian separatist forces. A new proposal calls for mining to be regulated separately. Separate mining and cryptocurrencies Olexandr Danchenko, head of the Committee for Informatization and Communications in the Rada, called mining “just a calculation” and proposed to separate mining from general cryptocurrency refulation. “Ukraine’s share of the global cryptocurrency mining market has shrunk to just 3%. [We need to]...

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Bitcoin’s price falls below USD 8,500, the lowest for more than 2 months

Bitcoin has been declining steadily since the beginning of the year. On January 6th, the most popular cryptocurrency hit its ATH at around $17,000 USD. Today, however, the price of BTC has fallen below $8,500 USD and at the time of writing it’s $8,421 USD, according to Coinmarketcap. Bitcoin price Earlier this week, we reported on the falls of Bitcoin and the market as a whole. Yesterday another wave arrived. Bitcoin lost over 15% over the last twenty-four hours. Initially, it seemed that this was due to the Indian Minister of Finance’s vague statement that Bitcoin “is not a...

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Roger Ver helps raise $87k for an anti-war charity

Roger Ver and online auction platform Charitystars have managed to raise $87,000 for website Antiwar.com. The winner of the auction won a private lunch with Roger Ver, one of the original investors of Bitcoin. Antiwar.com is a portal that promotes peace and non-interventionalism. Blockchain & charity Charitystars was founded in 2013 in Milan, Italy. The online auction offers people a chance to bid cryptocurrency on meetings with celebrities, rare artwork and luxury cars. Proceeds are donated to charities all over the world. Charitystars founders said they were pleasantly surprised with the result. Reportedly, a lunch with former Italian president...

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