Bitcoin News / Bitcoin Magazine - 1 year ago
The current EIA Emergency Cryptocurrency Mining Facilities survey held by injunction would require monthly reporting of information from mining facility operators through July 31, 2024. This survey would require the collection of information such as...
Bitcoin News / Bitcoin Magazine - 1 year ago
The intertwining stories of Tim Draper, a venture capitalist with an unyielding belief in Bitcoin, and Ross Ulbricht, the infamous creator of the Silk Road, present a compelling exploration of ethics, empathy, and the unpredictable nature of the cryp...
Bitcoin News / Bitcoin Magazine - 1 year ago
In a significant milestone for spot Bitcoin exchange-traded funds (ETFs), BlackRock's spot Bitcoin ETF has recorded over $1 billion in trades today alone, according to Bloomberg Senior ETF Analyst Eric Balchunas. This achievement underscores the grow...
Bitcoin News / Bitcoin Magazine - 1 year ago
A common chant from many in this space these days in response to any discussion of changes to the Bitcoin protocol is “Don’t mess with Layer 1! You can just build it on Layer 2!” This seems like a very logical thing to do, right? Why risk the securit...
Bitcoin News / Bitcoin Magazine - 1 year ago
Braiins, a leading mining pool in the Bitcoin industry, has made a significant stride by becoming the first mining pool to introduce Lightning payouts. This pioneering move marks a notable advancement in the integration of the Lightning Network (LN)...
Bitcoin News / Bitcoin Magazine - 1 year ago
Today in my series called “things people following Bitcoin for the last 13 years have already figured out but I’m presenting as a brand new epiphany”, I wanted to write about a revelation about Bitcoin's adoption, standardization, and normalization I...
Bitcoin News / Bitcoin Magazine - 1 year ago
Carson Group, a significant $30 billion registered investment adviser (RIA) platform, has recently announced its approval to offer four spot Bitcoin exchange-traded funds (ETFs) to its clients, according to a Bloomberg report. Out of the recent batch...
Bitcoin News / Bitcoin Magazine - 1 year ago
Satoshi Nakamoto's earliest collaborator Martii 'Sirius' Malmi has released his entire email correspondence with Bitcoin's creator.Spurred by an ongoing lawsuit in the U.K., the new emails are the most significant addition to the canon of what we kno...
Bitcoin News / Bitcoin Magazine - 1 year ago
The full email correspondence between Hashcash inventor Adam Back and Bitcoin creator Satoshi Nakamoto is now public after being entered into the official court records in the U.K. this week. Detailed in the five emails below is the complete conversa...
Bitcoin News / Bitcoin Magazine - 1 year ago
Today at 11:30a in Waco, Texas, the Texas Blockchain Council and Riot Platforms, Inc., asked a Federal District Judge Alan Albright for a temporary restraining order blocking the Energy Information Administration from enforcing their "emergency" surv...
Bitcoin News / Bitcoin Magazine - 1 year ago
A new development in the freelance industry has emerged with the launch of Plebwork, a dedicated marketplace where freelancers can earn Bitcoin for their work, according to a press release sent to Bitcoin Magazine. Launched today, Plebwork offers a u...
Bitcoin News / Bitcoin Magazine - 1 year ago
Since its inception over 15 years ago, Bitcoin has captured the imagination of libertarians, anarchists, and a variety of other advocates of individual liberty and financial sovereignty. To them, Bitcoin represented a revolutionary challenge to State...
Bitcoin News / Bitcoin Magazine - 1 year ago
Reddit, the popular social media platform, has disclosed in a Securities and Exchange Commission (SEC) filing that it has invested a portion of its excess cash reserves into Bitcoin. The social media giant revealed this today as they have applied to...
Bitcoin News / Bitcoin Magazine - 1 year ago
Marathon Digital Holdings, the largest publicly traded bitcoin miner by market capitalization, has launched Slipstream, a service for individuals to easily submit complex and non-standard transactions to the Bitcoin network. Slipstream is the first i...
Bitcoin News / Bitcoin Magazine - 1 year ago
If you understand why bitcoin is an asset to hold for the long term, you may also wonder how to take advantage of retirement tax structures to minimize your tax expenditures. There are many different ways to approach holding bitcoin in an IRA, and as...
Bitcoin News / Bitcoin Magazine - 1 year ago
Nigeria has taken drastic measures in to attempt to stabilize its plummeting national currency, the naira, by blocking access to major cryptocurrency exchanges, reported the Financial Times. This move comes as the Nigerian government attempts to crac...
Bitcoin News / Bitcoin Magazine - 1 year ago
Bulgarian football club Botev Plovdiv, the oldest football club in Bulgaria, has taken another step towards embracing Bitcoin and accelerating grassroots adoption of the digital currency in a strategic partnership with JAN3, a leading technology comp...
Bitcoin News / Bitcoin Magazine - 1 year ago
Over the past decade, Coinbase has reached millions of cryptocurrency traders and expanded to become the largest crypto exchange in the US. Despite its solid reputation, Coinbase did not avert scrutiny and skepticism. It has intensified in the past t...
Bitcoin News / Bitcoin Magazine - 1 year ago
Bitcoin script, it seems, has been sorely underestimated. Following the release of the Ordinals protocol and BitVM white paper in 2023, conceptions are shifting about what is possible on the Bitcoin base layer, and it’s clear Bitcoin is now absorbing...
Bitcoin News / Bitcoin Magazine - 1 year ago
EDITOR'S NOTE: This article has been edited, specifically the second criteria for eligibility to be covered as an L2, to clarify the criteria's originally intended meaning due to repeated misinterpretation. Bitcoin script, it seems, has been sorely u...
Bitcoin News / Bitcoin Magazine - 1 year 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 - 1 year ago
When it comes to storing your bitcoin, multisignature—or multisig for short—is widely recognized as one of the most secure methods. It can eliminate risks associated with exchanges and custodians, and simultaneously addresses the most common issues w...
Bitcoin News / Bitcoin Magazine - 1 year ago
Last May, I wrote an article for Bitcoin Magazine predicting that Layer 2 (L2) metaprotocol solutions would resolve the Ordinals controversy. Now that two of the most highly-anticipated Layer 2 solutions, Taproot Assets (TA) and RGB, are either avail...
Bitcoin News / Bitcoin Magazine - 1 year ago
Matt Corallo proposed a little more than a week ago a BIP for the coordination of making Bitcoin payments. Making bitcoin payments has always presented something of a challenge in terms of coordination, both on-chain and off-chain with protocols like...
Bitcoin News / Bitcoin Magazine - 1 year ago
With 2024 already underway, the anticipation in crypto circles is hitting a fever pitch as everyone braces for Bitcoin's halving – an event that could reshape its market landscape. It deserves to be looked into as historically this event sparked tran...