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Hi, I’m Nate Martin from 99Bitcoins.com
and here’s what happened
this week in Bitcoin.
The trial between the self-proclaimed
creator of Bitcoin, Craig Wright,
and the family of his former partner,
Dave Kleiman, was concluded this week.
The judge found that Wright lied in
his testimony and falsified evidence.
The judge further ordered Wright
to transfer 410,000 bitcoins thought
to be mined by Satoshi,
to Kleiman’s estate.
It is highly unlikely that Wright will
be able to comply with this order.
Binance, one of the world’s largest
cryptocurrency exchanges by trading volume,
has launched a lending business.
Initially, users will be able to lend their U.S.
dollar-pegged USDT, ethereum classic (ETC) and
Binance’s BNB cryptocurrency
in order to earn interest.
Portugal’s tax agency published its latest
ruling which states that crypto trading and
income are exempt from taxation.
The Tax Authority revealed the news
in response to a question coming from
a company interested in
mining cryptocurrency.
This move is likely to attract crypto
users and companies to Portugal.
Canadian e-commerce giant, Shopify, which
provides its payment platform to over 800,000
businesses across the globe,
has adopted Lightning Network payments.
Shopify is using a software plug-in developed by OpenNode to process Lightning payments.
Cielo, which provides credit card services and nearly one and a half million point-of-sale
terminals across Brazil, announced that it is integrating Bitcoin transfers into its terminals.
In October, the company plans to also accept crypto payments via its new mobile app.
That’s what happened this week in Bitcoin.
See you next week.