Bitcoin News / Bitcoin Magazine - 11 months ago
"Ponzi scheme" has become a byword for all manner of financial frauds and monetary scams. When a rapid six month collapse erased $2T (trillion) from crypto market capitalization in 2022, mainstream media outlets were quick to again label cryptocurren...
Bitcoin News / Bitcoin Magazine - 11 months ago
Bitcoin was initially designed with a fully fleshed out scripting language, intended to encompass and support any potential safe use case that users could come up with in the future. As Satoshi himself put it before he disappeared: “The nature of Bit...
Bitcoin News / Bitcoin Magazine - 11 months ago
Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The legislation passed with...
Bitcoin News / Bitcoin Magazine - 11 months ago
The Chicago Mercantile Exchange (CME), the world's largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times report. This move would provide major hedge funds and institutional traders with a...
Bitcoin News / Bitcoin Magazine - 11 months ago
In a new disclosure, investment management company Millennium Management has revealed holdings of almost $2 billion in spot Bitcoin ETFs. This revealing was made through a SEC 13F-HR institutional investment manager holdings report filed today, and u...
Bitcoin News / Bitcoin Magazine - 11 months ago
It is no secret that the bitcoin mining industry is being battle-tested in the wake of the fourth halving. Hash price (revenue per terrahash) has reached historic lows as bitcoin’s block subsidy has been slashed. Meanwhile, the post-halving mempool f...
Bitcoin News / Bitcoin Magazine - 11 months ago
"The State is any entity that can retrospectively pardon a crime. If you forgive a murder, you get an army. If you forgive an assault, you get police. If you forgive a theft, you get taxes. And this notion that there exists the sovereign ability to c...
Bitcoin News / Bitcoin Magazine - 11 months ago
El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country's total bitcoin holdings to 5,750 BTC valued at over $360 million...
Bitcoin News / Bitcoin Magazine - 11 months ago
Vanguard, one of the world's largest investment firms, has named a new CEO: Salim Ramji, who previously led BlackRock's ETF business and helped launch its spot bitcoin ETF, IBIT in January.JUST IN: Vanguard appoints Salim Ramji as a new CEO, a former...
Bitcoin News / Bitcoin Magazine - 11 months ago
Conservatism, in the literal and not political sense, has always been a core part of the Bitcoin ecosystem. Satoshi himself was very cautious and thorough in his original design attempts, and developers since have tried to be very cautious and thorou...
Bitcoin News / Bitcoin Magazine - 11 months ago
The following is an excerpt on the debasement of marriage from "Fiat Ruins Everything" by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book....
Bitcoin News / Bitcoin Magazine - 11 months ago
In the Netherlands, open source developers are now liable for how their software is used.Alexey Pertsev, a 31-year old Russian national living in the Netherlands and one of the developers of the Ethereum-based privacy tool Tornado Cash, was today fou...
Bitcoin News / Bitcoin Magazine - 11 months ago
Founders: Roy Sheinfeld, Roei Erez and Yaacov SlamaDate Founded: 2018Location of Headquarters: RemoteAmount of Bitcoin Held in Treasury: Dozens held in Breez Lightning nodesNumber of Employees: 11Website: https://breez.technology/Public or Private? P...
Bitcoin News / Bitcoin Magazine - 11 months ago
Today, the State of Wisconsin Investment Board (SWIB) has revealed its substantial investments in Bitcoin Exchange-Traded Funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB holds near...
Bitcoin News / Bitcoin Magazine - 11 months ago
Ah, the wild west. John Wayne, the Man with No Name, Billy the Kid and Jesse James. The frontier has a way of capturing everyone’s imagination – young and old. The cowboys, the outlaws, the gold prospectors. A land of opportunity and harsh cruelty. U...
Bitcoin News / Bitcoin Magazine - 11 months ago
Alexey Pertsev, a developer for the Ethereum-based crypto mixer Tornado Cash, has been sentenced to 64 months in prison after a Dutch court found him guilty of money laundering charges on Tuesday.The judge stated that the platform was "intended for c...
Bitcoin News / Bitcoin Magazine - 11 months ago
United States President Joe Biden has issued an order prohibiting the acquisition of certain real property by MineOne Cloud Computing Investment I L.P., citing national security concerns. The order, based on findings outlined by the President, aims t...
Bitcoin News / Bitcoin Magazine - 11 months ago
For months Bitcoiners have been bitterly debating the Ordinals phenomenon and the large amount of trading activity and congestion they brought to the chain.It’s a very nuanced clash where it’s difficult to find the correct “ideological” response. I w...
Bitcoin News / Bitcoin Magazine - 11 months ago
El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as a legal tender under the leadership of President Nayib Bukele. This groundbreaking decision has enabled significant financial improvements across the small Central Ame...
Bitcoin News / Bitcoin Magazine - 11 months ago
JPMorgan Chase, the largest bank in America, has revealed exposure to spot Bitcoin Exchange-Traded Funds (ETFs) in a newly filed document with the Securities and Exchange Commission (SEC) today....
Bitcoin News / Bitcoin Magazine - 11 months ago
In a recent filing with the Securities and Exchange Commission (SEC), Wells Fargo, one of the largest banks in the United States, disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs). JUST IN: ???????? Wells Fargo bank reveals it has s...
Bitcoin News / Bitcoin Magazine - 11 months ago
Candy Jets, a premier private jet charter service, has partnered with CoinCorner, a prominent Bitcoin services provider, to accept payments in Bitcoin for their luxury travel services, making them one of the first in the industry to embrace this paym...
Bitcoin News / Bitcoin Magazine - 11 months ago
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now....
Bitcoin News / Bitcoin Magazine - 11 months ago
Block CEO Jack Dorsey recently predicted Bitcoin could reach a price of "at least $1 million" by 2030. Since stepping down from Twitter, now X, Dorsey has become a leading Bitcoin advocate, taking part in various Bitcoin and Nostr-related initiatives...
Bitcoin News / Bitcoin Magazine - 11 months ago
Originally published on Unchained.com.Unchained is the official US Collaborative Custody partner of Bitcoin Magazine and an integral sponsor of related content published through Bitcoin Magazine. For more information on services offered, custody prod...
