TL;DR: Welcome to In Case You Missed It (ICYMI), a fast set of FUD dispelling statements brought to you by your favorite honcho, Linzerd. Bitmain says their Texas facility has not been closed. Blockchain launches new education primer initiative. Steve Wozniak suffered from price anxiety. US Patent Office could shut down next month. Brave ad campaign considered “malware” by Google Ads, and Coinbase launches new tax tools.
Bitmain Declares Texas Facility Still Up and Running
Hi! We broke ground on that location in summer 2018, as we had clearly communicated to the press at that time. The work on that facility is still ongoing. Rumors that the work on that facility has either paused or been cancelled are not true.
— BITMAIN [Not giving away ETH] (@BITMAINtech) January 21, 2019
Bitmain, crypto mining hardware manufacturer giant, has dispelled reports of its operation in Texas being closed due to economic problems the company is supposedly facing. In a tweet from their official account, Bitmain denied any sort of slowdown or abandonment of the facility, answering a question asking they clarify status of the groundbreaking mining facility opened last year. “Rumors that the work on that facility has either paused or been canceled are not true,” they declared. Bye, Bye FUD.
Blockchain Launches Blockchain Primer Initiative
Blockchain, popular wallet providers, has introduced the idea of primers in their research division. Primers are informative documents directed for newbies in the world of cryptocurrency to learn about the strengths and weaknesses of a particular coin. The first primer is dedicated to Bitcoin Cash, and there are more to come — a good initiative to keep educating people about crypto.
Steve Wozniak Declares He Sold All His Bitcoin
Steve Wozniak, the co-founder of Apple, declared recently he has sold all of his bitcoin. The reason? Trading anxiety. He said he did not want to be always focused on the price. “When it shot up high, I said I don’t want to be one of those people who watches and watches it and cares about the number. I don’t want that kind of care in my life,” he insisted at the Nordic Business Forum in Stockholm. His goal was to “travel… and go to restaurants and hotels… and only use bitcoin when I travel.”
US Patents Office Could Close Operations Next Month
The USPTO (US Patents and Trademark Office) has issued a declaration of operating status where they state they have reserves to keep their patenting operations until the second week of the February, while trademarking operations could continue until April. If their reserves are exhausted they would have to cease non-essential operations. The government shutdown has since been ended at least temporarily.
Google Considers Brave Ads Malware
— Kirkins (@kirkins) January 24, 2019
Google Ads rejected a Brave Browser campaign, classifying the ad as “Malicious or unwanted software,” as stated by a Twitter post from Kirkins, a user who started the campaign and was rejected. Brave is a direct competitor of Google Chrome, based on a cryptocurrency reward system letting users earn tokens and contribute directly with their favorite pages, allowing content creators to monetize their pages in a more direct way.
Coinbase Launches New Resources for Crypto Taxes
Coinbase launched a series of products and offers that will make easier the chore of calculating and paying cryptocurrency related taxes. They have compiled a new and improved tax center, and have partnered with Turbotax to get important discounts for their customers. Coinbase considers accountability and compliance an important part of cryptocurrencies, and with this, they want to help their users to achieve it.
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