Press Release: Polish company first in the world to sell shares for Bitcoins

Press Release: Polish company first in the world to sell shares for Bitcoins

A Polish company, InPay S. A., is the first in the world whose shares are available for purchase in public offering using the digital currency Bitcoin. The sale has just launched on the equity crowdfunding site Beesfund.com. Equity crowdfunding is simply raising capital thanks to the online community. Unlike the reward-based crowdfunding, made popular by....


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Polish Company inPay Sells Shares for Bitcoin

Shares of the Polish company inPay S. A. are available for purchase in public offering using the digital currency Bitcoin. The sale has launched on the Polish equity crowdfunding site Beesfund.com. With the public offer of the company's shares, the inPay team want to acquire financing for the quick development of the InPay system in Poland and Europe. InPay S. A. is selling 5,000 company shares, i.e. 5% of the total share capital, priced at 40 PLN each (about US $13). Arkadiusz Regiec, president of Beesfund S. A., said: "For crowdfunding platforms like Beesfund, Bitcoin seems to be the....

Polish Airline Accepting Bitcoin

LOT Polish Airlines will now be accepting Bitcoin along with normal payment options. The decision comes with a fair bit of enthusiasm toward the digital currency, as expressed in their press release: Payment with Bitcoins is easy in execution, and equally secure as other payment methods. All transactions are handled by PSP - one of the most reputable and popular platforms handling payments with the online currency. Also read: Planes, Trains and Bitcoin. US customers have long had an option for paying for flights with Bitcoin in CheapAir.com, a travel agency that has been booking flights....

New Malware Mines Bitcoin via Victims' CPUs and GPUs

Palo Alto Networks has discovered a unique malware family that can mine bitcoins via the victim’s CPUs and GPUs. The malware, called PWOBot, is completely written in Python and compiled via PyInstaller, generating a Microsoft Windows executable, according to a Palo Alto Networks posting. The malware has affected European organizations, mainly in Poland. A Polish file-sharing service delivers the malware. The malware can download and execute files, log keystrokes, execute Python code and mine bitcoins via the affected computers’ GPUs and CPUs. The malware has been noticed as far back as....

Polish Tax Authority: Bitcoin Mining Profits Subject to 23% VAT

In the latest turn of events related to the disputed legal status of digital currencies in Poland, a local tax authority has announced that the sale of mined bitcoins is subject to a VAT (value-added tax) of 23%. The interpretation was made by the director of the tax authorities in Łódź, central Poland, following a request submitted by a Polish bitcoin miner. In the released statement, the authorities said that the party requested an interpretation of the Polish regulation regarding taxes imposed on the sale of mined bitcoins. 'Not a commodity'. "The applicant is planning to launch sales....

Coin Citadel is Raising Bitcoin to Increase its Holdings

Coin Citadel is raising about $750,000 worth of bitcoins in the coming days, says the company's press release. Coin Citadel, the company that has been involved in bitcoin-based business for a while, has now decided to increase its bitcoin holding by over $750,000 in the coming days. The announcement was made by the company in a press release earlier today. While Coin Citadel has already explained about its intentions to increase its holdings, the company has not divulged any specific details about from where the company will be receiving the bitcoin. But by raising about 1,675 bitcoins as....