Bitcoin ‘Activists’ Redecorate Bitmain’s Israeli Office With Protest Signs
A group of men describing themselves as “Israeli Bitcoin activists” ambushed Bitmain’s Tel Aviv office over the weekend. The men, seemingly members of a Twitter group set up last week called ‘Fork your Bitmain,’ posted their activities on Reddit Saturday evening. A video shows the “activists” applying posters to the front door of Bitmain’s office, as well as communal areas such as corridors and a parking lot. The posters appeared to mock the company for the so-called “backdoor” in its mining products known as Antbleed, and warn it is “threatening to execute a Denial-of-Service attack....
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Israeli lawmakers have proposed in a draft new law to treat bitcoin as a currency instead of an asset for tax purposes, local media reported. According to a report from Globes, four legislators from the Yisrael Beiteinu political party presented the Income Tax Ordinance (Taxation of the Sale of Digital Currencies) bill in the Israeli parliament Knesset on September 22. The bill by the four – MK Oded Forer, Yevgeny Soba, Yulia Malinovsky, and Alex Kushnir – proposes several changes to crypto taxation, including the amendment of the existing tax law to exempt digital assets like....
The Feminist Coalition, a Nigerian advocacy group, found its protest fundraising restricted by legacy financial channels. So it turned to Bitcoin. The post Nigerian Protest Group Finds Sovereign Lifeline In Bitcoin appeared first on Bitcoin Magazine.
Israeli business newspaper Globes is reporting that the Israeli government is mulling the possibility of imposing a tax on profits from Bitcoin. The article states that the Israel Tax Authority is considering the move based on the idea that anyone who makes profits from Bitcoin owes taxes. It was unclear how exactly a tax on Bitcoin profits would be levied, though, as Israel has yet to even recognize Bitcoin as an official currency. Israeli Bitcoin exchange Bits of Gold’s CEO, Jonathan Rouach, suggests the tax authority is not prepared for the necessary paradigm shift to even know where to....
Paul Vigna of WSJ's new Bitbeat recently published an article detailing how Bitcoiners are not happy about Apple's removal of Blockchain's iOS app. One redditor even shot his iPhone in a show to protest Apple. Millennius drops Apple iPhones. Here at CCN, we recently published Millennius' last 6 months worth of Bitcoin data from their longtime acceptance and promotion of Bitcoin in Australia. Millennius has now been recognized by the Bitcoin community for their acceptance of Bitcoin in a big way and they are repaying the support to the Bitcoin community at large. Millennius, like the man in....
The small group of protestors outside Mt. Gox in Tokyo were moved on late yesterday by Japanese police, and warned not to return without a 'demonstration license'. Organizer Kolin Burges said the police were called not by Mt. Gox, but one of the building's other tenants who had reportedly had enough of the protestors' week-long presence at the building. Mt. Gox management was also said to be irritated by the ongoing sit-in, claiming "security problems" caused by the protest and other technical issues were slowing its progress at fixing its bitcoin withdrawal problem. The company had....