By No Bullshit Bitcoin in News — Aug 24, 2022 BIPBounty: Tax Deductible Bug Bounties for Bitcoin Incentivize the research, development, and vetting of Bitcoin Improvement Proposals by implementing a system for crowdsourcing tax-deductible bug bountieshttps://bipbounty.org/archive: https://archive.ph/dJSRU
News Craig Wright Gets Suspended 1 Year Sentence in UK for Continuing to Sue Bitcoin Developers Craig Wright was sentenced to one year in prison by a UK judge for contempt of court. The sentence is suspended for two years, meaning he will only serve time if he reoffends during that period.
News Human Rights Foundation Grants 7 BTC to 20 Bitcoin Projects The Human Rights Foundation (HRF) announced Bitcoin Development Fund grants totaling 7 BTC to 20 global projects.
News Chinese Car Company Cango Buys 32 EH/s from Bitmain, Mines 393 BTC in November Cango, a Shanghai-based NYSE-listed car dealership platform, invested $256 million to acquire 32 EH/s of Bitmain hashrate, shifting to Bitcoin mining and retaining 393 BTC it produced in November.
News El Salvador to Scale Back Bitcoin Policies for $1.4 Billion IMF Loan Deal El Salvador finalized a four-year $1.4bn IMF deal strained by its Bitcoin adoption. It makes bitcoin use voluntary for the private sector, limits public sector bitcoin activities, and phases out government involvement in the Chivo wallet. It may also unlock extra $3.5bn in development bank funds.