#bitcoin donations

Francis Suarez, the pro-bitcoin mayor of the U.S. city of Miami, became the first Republican to bow out of the party’s presidential primary race after he announced the suspension of his campaign on Aug. 29. According to some reports, Suarez was forced to suspend his campaign after he failed to make it to the first Grand Old Party (GOP) primary debate. Suarez Pledges Support for the Winning…

Nigeria Central Bank Governor: Cryptocurrency Is a Product ‘Embedded in High Level of Illegality’

The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has claimed that a majority of cryptocurrency transactions are embedded in illegality. He also asserts that there is no room for cryptocurrency in the Nigerian banking space. Pushback Against Endsars Protest Claims In his latest anti-cryptocurrency salvo that was published by the Punch, Emefiele however appeared to push back against the…

Bitcoin Developer Fund Brink Secures Tax-Exempt Status

Donations to the Brink open-source development fund are now tax exempt for U.S. donors. Founded and directed by Bitcoin Core contributor John Newbery, Brink provides grants to Bitcoin developers who work on its open-source tech stack. Now, it has secured 501(c)(3) status from the Internal Revenue Service, meaning any U.S. taxpayer donating to the fund can receive a tax break contributing to the…

Central Bank of Nigeria Orders Banks to Close Accounts of Crypto Clients

The Central Bank of Nigeria (CBN) has circulated a letter directing banks and financial institutions to identify and close accounts of cryptocurrency transacting entities. The directive, which took immediate effect, threatens “severe regulatory sanctions” to financial institutions that fail to comply. Banks Taking Immediate Action Immediately following the letter’s publication, some banks and…

Bitcoin Donations to Navalny Surge After Russian Opposition Leader Is Jailed

The standoff between Russia President Vladimir Putin and his main opponent, Alexey Navalny, rose to a new level last week – and so did bitcoin donations to the dissident. Navalny, a Russian politician and vocal critic of Putin, is also a successful bitcoin fundraiser in Russia, receiving 657 BTC in donations over the past five years. The pace of donations accelerated last week, after Navalny was…

‘Fiat and Money Printing’ Street Mural Earns $500 in Bitcoin Donations in Five Days

A Parisian street artist is receiving hundreds of dollars every day in bitcoin donations from his painting that speaks about “fiat and money printing.”

Pascal Boyart’s latest mural, “Confessions of a Red Jester”, is a modern interpretation of the 1862 painting “Stańczyk” by Polish romanticist painter Jan Matejko. The original depicts a lonely jester against a lively ball in the background.

Boyart

Crypto Community Donates 0.7 BTC To The Victim Of Phishing Scam Who Lost Entire Bitcoin Savings

Crypto community members have donated 0.7 BTC to the victim of a phishing scam who lost 12 Bitcoins (BTC), the entirety of the investor’s holdings that had been accumulated over seven years.

On June 12, it has been reported that Eric Savics, the host of Protocol Podcast, tweeted that he has lost his entire Bitcoin savings after entering the seed phrase for his hardware wallet into a malicious…

Telegram CEO Donates 10 BTC to Pandemic Relief Effort

Telegram messenger founder and CEO Pavel Durov reportedly donated about $90,000 worth of bitcoin (BTC) to help alleviate the financial burden of the COVID-19 pandemic in Russia.

Egor Zhukov, a student political activist who organized a crowdfunding campaign to help people cope with the pandemic-related crisis, announced Durov donated 10 BTC to the effort. 

Zhukov wrote on his InstagramWednesd…