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Arizona looks to join El Salvador with Bitcoin Legal Tender Bill

• Sen. Wendy Rogers (R-AZ) has introduced bills that would make bitcoin legal tender in Arizona, allowing it to be used to pay for debts, taxes and other financial obligations. • The proposed legislation defines bitcoin as a decentralized, peer-to-peer digital currency with no central bank. It also allows state agencies to accept cryptocurrency as …

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Win 2.1 BTC: Fedi Launches Bitcoin Hackathon to Revolutionize Finances

• Technology company Fedi is launching a Bitcoin hackathon with a reward of 2.1 BTC for the winner. • The hackathon encourages developers to build out a Fedimint module that will bring real world benefits to users. • Fedimint is an open source custody platform that leverages Federated Chaumian Ecash and provides strong privacy, better …

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Greenidge Generation Agrees to Restructuring Deal to Reduce Debt

• Greenidge Generation, a bitcoin miner operating in New York, has reached a restructuring agreement with its lender NYDIG to eliminate $57-$68 million of debt. • The agreement involves NYDIG purchasing 2.8 exahash per second (EH/s) of Greenidge’s bitcoin miners, which Greenidge will host for NYDIG. • Greenidge has a cash burn rate of approximately …

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Human Rights Foundation Grants $300,000 for Bitcoin Builders Worldwide

• The Human Rights Foundation has announced a new set of Bitcoin Development Fund grants to support builders in the industry worldwide. • Areas of focus include Latin America, Africa, the Middle East, Eastern Europe, and South Asia. • Grants include $50,000 to Gleb Naumenko for his work on Bitcoin Core, $50,000 to Furzy for …

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