Push to Define Bitcoin as Money Stalls in Pennsylvania
A legislative effort in Pennsylvania to update the state’s definition of money to cover digital currencies was reportedly stalled last year due to an ongoing budget impasse. In an interview with regional news source The Herald-Mail, state representative Adam Harris said that planned hearings on a bill filed last March fell to the wayside amid a budget dispute between the state legislature and Governor Tom Wolf. Harris said in the interview: “One interesting issue that the Commerce Committee has been working on is an update to the 'money transmitters' section of state law as it relates to....
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The University of Pennsylvania confirmed today it still holds part of a $5 million donation it received earlier this year in Bitcoin.
CoinOutlet's ATMs will soon be inhabiting Pennsylvania. At 6:00 PM EST 11/14/14, Bitcoin ATM service Coin Outlet will officially open a Bitcoin ATM to the public at Four54 Grill in Lancaster, Pennsylvania. This is the first Bitcoin ATM in Pennsylvania. Coin Outlet CEO Eric Grill will be in attendance to showcase the new ATM and help people use it. Leigh Menkes, owner of Four54 Grill, pronounced that everyone should "come down to the best burger joint in town on Friday, and bring your Bitcoin wallet!" You can head out to the event tonight; it will be held at 6 PM EST at Four54 Grill, 454....
Charlie Shrem, former CEO of early bitcoin exchange BitInstant, has been released from prison after serving a sentence for money laundering and unlicensed money transmission. Shrem Released From Prison. Shrem announced his release (which actually happened a few weeks ago) in a blog post on his home page, titled “Onward.” In the post, he said he and his partner Courtney were living temporarily in southern Pennsylvania, and that he was enjoying “all the small things I missed while I was away.” Shrem thanked the people who supported him and communicated with him while he was in prison,....
The University of Pennsylvania received a $5 million donation in bitcoin to support financial innovation at its Wharton business school.
According to reports on social media, crypto forums, onchain metrics, and the Solana Status Twitter account indicate that Solana’s blockchain has stalled. Solana mainnet-beta suffered a four-hour downtime and is still down after a technical glitch. ** Editor’s Note: At 3:30 p.m. (EST) on Sept. 14, 2021, this post was updated with a statement written by the Solana Status Twitter account. At the time of update, Solana’s issues still persist and the community is preparing a fix. Solana’s Network Stalls In recent times, solana (SOL) joined the top ten crypto assets....