Bitfinex launches payment gateway for merchants to accept crypto
Crypto exchange Bitfinex has launched a new payments offering, geared toward merchants, dubbed Bitfinex Pay. The service is aimed at helping online merchants receive crypto payments in bitcoin (BTC) and ether (ETH), as well as Tether (USDT) via the Ethereum and Tron blockchains. Bitfinex Pay also su...
Kentucky legislators move ahead with proposed tax breaks for crypto miners
A proposal to extend tax breaks to cryptocurrency miners who make a home in the U.S. state of Kentucky has advanced in spite of a potential drain on the government's coffers. The Budget Committee for the Kentucky House of Representatives approved the measure in a 19-2 vote, as reported by the Lexing...
A startup that wants to expand access to bitcoin mining raises $1.7 million round led by Galaxy
A mining firm looking to democratize exposure to the highly technical underbelly of the crypto market has raised $1.7 million in venture funding to scale its operations.  Announced Wednesday exclusively to The Block, Compass Mining said the raise was led by Galaxy Digital and included participation ...

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