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A news desk for bitcoiners by bitcoiners without ads, paywalls, or clickbait.
Germany's Sovereign Tech Fund Invested $25M to Support Free & Open-Source Projects Germany's Sovereign Tech Fund (STF) announced it has invested nearly $25 million (€23 million) in 60 global open-source technologies over the past two years. During this time, it received over 500 submissions proposing more than €114 million in work.
Minneapolis FED Research Paper Finds Banning or Taxing 'Bitcoin' Can Help Maintain Permanent Budget Deficits A new research paper from the Federal Reserve Bank of Minneapolis suggests that governments can either tax or ban "fixed supply private-sector bubble assets that are not a claim to any real resources" to ensure the long-term viability of large and permanent budget deficits.
AlgoRelay: Nostr's First Algorithmic Relay "AlgoRelay is the first nostr native relay capable of serving personalized, algorithmic feeds without the use of external or proprietary APIs or DVMs. It prioritizes surfacing content from the people you care about, based on your personal interactions."
ECB Economists: Nocoiners May Be Impoverished by Rising Bitcoin Prices A new paper by ECB economists describes a 'Bitcoin-positive' scenario as one in which the price of Bitcoin continues to rise significantly and sustainably over time. "If the price of Bitcoin rises for good, the existence of Bitcoin impoverishes both non-holders and latecomers."
Italy Plans to Raise Bitcoin Capital Gains Tax from 26% to 42% The new budget measures are still awaiting approval from the Italian parliament, with a final vote anticipated by the end of the year. If enacted, a 42% capital gains tax on Bitcoin would make Italy one of the highest-taxed countries for cryptocurrency in the world.
OpenSats Grants Long-Term Support for Greenart7c3 Greenart7c3 is the creator and lead developer of Citrine, an Android-based Nostr relay that serves both as a local relay and a shared database, and Amber, an Android-based Nostr signer utilizing NIP-46.
Blockstream Closes $210M Convertible Note Financing Round Led by Fulgur Ventures The funds will be used to accelerate the adoption and development of the company’s layer-2 technologies, expand mining activities, and increase its bitcoin treasury holdings.