Category Crypto

Category Added in a WPeMatico Campaign

Crypto

The Great Script Restoration: A Path Forward For Bitcoin

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…

Crypto

The Bitcoin Ponzi Scheme Paradox

“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 cryptocurrencies, including…

Crypto

The State Is The Terrorist In The Case Against Samourai Wallet

“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…

Crypto

Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming

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 frenzy…

Crypto

$2 Billion In Spot Bitcoin ETFs: Millennium Management Reveals Investment In SEC Filing

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 underscores the increasing interest and investment…

Crypto

A Denial Of Service Attack On Bitcoin Consensus

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…

Crypto

Developing Financial Privacy Tools Was Today Criminalized by the Dutch Court

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…

Crypto

Fiat Debases Marriage

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. LOVE HAS BEEN debased. In the past, love…

Crypto

How to Delicately Handle BRC-20s and Ordinals without Hurting Bitcoin

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 won’t…

Crypto

President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base

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 to safeguard critical…

Crypto

El Salvador Launches Website to Track $360M Bitcoin Treasury

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 American nation. Yesterday,…

Crypto

Private Jet Charter Service Candy Jets Now Accepts Bitcoin Payments

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 payment method,…

Crypto

Wells Fargo, America’s Third Largest Bank, Owns Spot Bitcoin ETFs: SEC Filing

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…

Crypto

America’s Largest Bank JPMorgan Chase Discloses Spot Bitcoin ETF Holdings: SEC Filing

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. Phoenix Trades The SEC filing by JPMorgan Chase provides specific insights into…

Crypto

7 Tips For Traveling With Bitcoin Keys

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 products, and the relationship between Unchained and…

Crypto

Orange Pilling Has Stopped Working

Originally posted on Medium. In the context of bitcoin, “normie” means something like “don’t know, don’t care.” And “normie” comes from “normal.” In other words, normal people don’t care about bitcoin, at least not enough to use it. Lack of…

Crypto

EU Regulator Considers Approving Bitcoin for UCITS Products

The European Securities and Markets Authority (ESMA), the EU’s financial watchdog, is reviewing whether to allow Bitcoin into the region’s €12 trillion mutual fund market. JUST IN: 🇪🇺 EU Securities Authority is exploring adding #Bitcoin and Crypto exposure to the €12T…

Crypto

Ordinal Derangement Syndrome (ODS) Is a Real Phenomenon

Ordinal Derangement Syndrome (ODS) is a real phenomenon. As a neutral observer from Bitcoin Magazine, I aim to address the misconceptions and dismissive attitudes toward Ordinals in the Bitcoin community, revealing the overlooked complexities and potential within what I term…

Crypto

Bitcoin Lightning Wallet ZEUS Isn’t Going Anywhere

Founder: Evan Kaloudis Date Founded: 2019, block 563345; incorporated in 2023 Location of Headquarters: No HQ; fully remote Amount of Bitcoin Held in Treasury: Not disclosed Number of Employees: 2 Website: Public or Private? Private On April 26, 2024, Evan Kaloudis drew a…

Crypto

President Joe Biden Will Veto Legislation Allowing Financial Firms to Custody Bitcoin: White House

The Executive Office of US President Joe Biden has announced its stance on proposed legislation, H.J. Res. 109, that would allow highly regulated financial firms to act as custodians for Bitcoin and other cryptocurrencies. JUST IN: 🇺🇸 US President Joe Biden Administration…