After rising electricity demand and low rain, bitcoin mining operations in Sichuan, China have been restricted. How is the network responding? According to local news outlet China Times, the state…
A tax enforcement proposal from the Biden administration may compel businesses to report bitcoin transactions exceeding $10,000 to the IRS. A tax enforcement proposal from the Biden administration would compel…
Representative Warren Davidson joined the "Bitcoin Magazine Podcast" to discuss bitcoin, Congress and the "Token Taxonomy Act." Watch This Episode On YouTube Listen To This Episode: Apple Spotify Google Libsyn…
PRESS RELEASE. B2BinPay, one of the industry’s leading crypto processing providers, has announced the launch of version 2 of its award-winning payments solution. The new version is a highly-anticipated upgrade…
Blockfi, a cryptocurrency lending platform, wrongly distributed a set of payments to a group of customers, who found deposits of up to 700 BTC in their accounts. While most weren’t…
While bitcoin prices plummeted this week, the network’s hashrate has also dropped considerably since tapping a high on May 9. Since then, the hashrate has seen swings between 10-15% because…
The U.S. Department of the Treasury has announced measures to crack down on tax evasion involving cryptocurrencies as part of President Joe Biden’s proposed tax compliance measures. Among the measures…
