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Bit Digital turns to Iceland as a tax haven for crypto

0xMain
May 19, 2023

Bit, Crypto, Digital, Hacking, haven, Iceland, tax, turns

In response to the Biden administration’s proposed crypto mining tax, Bit Digital has strategically moved a significant portion of its mining machines to Iceland and Canada while keeping the majority within the United States. The company’s decision to establish a presence in Iceland...

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Bitcoin reclaims $27k as accumulation turns to distribution

0xMain
May 17, 2023

27k, accumulation, Bitcoin, distribution, Hacking, reclaims, turns

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Bitcoin is back at $27,000 after recording a rally of close to 2% within a 24-hour run. Trading at $27.400, BTC recorded a 1.7% gain within 24 hours as...

Silvergate turns to US congress agency for help

0xMain
March 8, 2023

Agency, Congress, Hacking, Silvergate, turns

Silvergate Capital is reportedly holding talks with the US Federal Deposit Insurance Commission (FDIC) to get ideas on remaining afloat as its financial woes worsen. Silvergate Capital, one of the numerous victims of the disgraced Sam Bankman-Fried’s FTX exchange collapse, recently received officials...