DOGE Supporter raises US$100,000 in 4 weeks paddling entire Ohio River
Dogecoin’s fans are as avid as ever following the currency’s recent market-leading upturn, but one man is showing his support in a way which seems to have captured a wider audience like never before. Erik Barnum’s decision to paddle the length of the Ohio River in promotion of Dogecoin, living only off tips, has already resulted in receipt of more than US$100,000 in charity donations. Starting from Pittsburgh August 11, Barnum, who quit his job as a manager in order to complete his DOGEhio River Challenge, has already completed around 600 miles, with another 385 remaining as of yesterday.....
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Dogecoin tipping has become a kind of social activity within the digital currency community, making the currency as much a form of expression as a medium of exchange. As evidenced by even a cursory glance at the dogecoin subreddit or community forums, many of those who use the meme-themed currency often donate more than they actually spend in the traditional sense. The DOGEhio River Adventure is, in part, a test to see just how far one person can go with the power of donated dogecoins. For Erik Barnum, this means undertaking a serious challenge: navigating the Ohio River with only his....
Friday, Ohio regulators banned Bitcoin-for-alcohol sales in the state. Ohio regulators impose a bizarre ban on bitcoin-for-alcohol transactions in the state. Nikhil Chand, founder of CoinNEO and Bitcoin Boulevard, patiently prodded state regulators about the legality of Bitcoin-for-alcohol transactions. The federal Alcohol and Tobacco Trade Bureau gave him the go-ahead. But when the Ohio Department of Public Safety finally issued an official response, it was not what he had hoped for. "Bitcoin cannot be accepted as payment for alcohol in the State of Ohio," state regulators decided. The....
Digital River is now accepting Bitcoin! Digital River is an e-commerce payment processor, but has previously been used for more conventional methods such as credit cards. Since its founding in 1994, Digital River has processed $30 billion dollars in transactions, making it one of the biggest payment processors. Due to this, I think it’s huge that it’s accepted Bitcoin. It allows people that have used Digital River for years to maybe start accepting Bitcoin, and creates competition amongst popular Bitcoin payment processors such as Bitpay and Coinbase.
Looking to get your drinking on at the upcoming Bitcoin Boulevard in Cleveland, Ohio? You may just run into a legal snag, it seems. A Cleveland.com reporter filed a story late last week with indications that the State of Ohio does not want bitcoin to be used as a form of payment for alcohol. The official word came from Eric Wolf, who serves as agent-in-charge at the Investigative Unit within the Ohio Department of Public Safety. "Bitcoin cannot be accepted as payment for alcohol in the State of Ohio," the Department ruled, making them the first in the United States to take prohibitive....
On Monday, the crypto asset fund manager One River filed a unique bitcoin exchange-traded fund (ETF) registration with the U.S. Securities and Exchange Commission (SEC). According to the Form S-1 filed, One River wants to list a carbon-neutral bitcoin ETF on the New York Stock Exchange (NYSE). One River’s Bitcoin ETF Aims to Provide a Fund That Offsets Carbon Emissions Associated With Bitcoin Mining Carbon-neutral bitcoin mining has been a topical conversation these days within the cryptocurrency community. One River is taking bitcoin funds to a different level by registering for a....