Bitmain Gets Go-Ahead for US Bitcoin Mining Operation

Bitmain Gets Go-Ahead for US Bitcoin Mining Operation China’s crypto mining giant, Bitmain, is one step closer to establishing mining facilities in Washington state. The Port of Walla Walla – Walla Walla county’s economic development agency – unanimously approved a land lease and purchase option that would allow Bitmain to build its new crypto mining…

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BitGo Co-Founder Ben Davenport Is Stepping Down

BitGo Co-Founder Ben Davenport Is Stepping Down Ben Davenport, a co-founder of blockchain security startup BitGo, is stepping down as chief technology officer. Starting next week, he will work part time as an advisor, he said in a statement Friday. He said he intends to spend some time with his family and the broader bitcoin community…

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These Countries Won’t Tax Your Bitcoins Too Much

These Countries Won’t Tax Your Bitcoins Too Much A growing number of governments can’t resists the temptation to get their hands on some of the bitcoins their citizens are making. Several states, however, think that leaving some breathing space for crypto users and entrepreneurs is a better idea in the long run. Crypto-friendly tax regimes…

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CNBC’s Brian Kelly Supports Tim Draper’s BTC Prediction Of $250,000 By 2022

CNBC’s Brian Kelly Supports Tim Draper’s BTC Prediction Of $250,000 By 2022 After investment tycoon Tim Draper said earlier this week that Bitcoin (BTC) could hit $250,000 by 2022, CNBC Fast Money’s Brian Kelly has supported this prediction in a CNBC interview from yesterday, April 13. In response to a question about Draper’s high prediction, Kelly responded that although “it sounds crazy,”…

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Vietnam Toughens Measures On Crypto Amid Suspicion Of Biggest Scam In Industry History

Vietnam Toughens Measures On Crypto Amid Suspicion Of Biggest Scam In Industry History Vietnamese Prime Minister Nguyen Xuan Phuc has urged government and financial bodies to toughen the “management of activities related to Bitcoin and other cryptocurrencies,” in a government directive issued Friday, April 13, following reports of a major ICO scam in the country this week. “Cryptocurrency investment…

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Yahoo! Japan Confirms Entrance Into the Crypto Space

Yahoo! Japan Confirms Entrance Into the Crypto Space Yahoo! Japan has confirmed that it is entering the crypto space by acquiring a stake in a Japanese cryptocurrency exchange that is already licensed by the country’s financial regulator. The company plans to launch a crypto exchange in the fall of this year Yahoo! Enters the Crypto…

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