Category Crypto

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Crypto

Paypal’s Green Mining Initiative Makes Zero Sense

Last week Paypal released a whitepaper in partnership with Energy Web and DMG Blockchain Solutions, describing a “Green Mining Initiative” intended to redirect fees from participating users specifically to certified miners powering their operations with renewable energy. I can’t say…

Crypto

Shadow Boxing: Comments On Proof-Of-Work Centralization Hysteria

The always-relevant Marty Bent had Spiral developer Matt Corallo on his podcast this week to address the freaks about urgent Bitcoin mining matters. To bring everyone up to speed, the concerns stem from recent sleuthing of the blockchain which revealed…

Crypto

Top 10 Tips for Every Bitcoin Multisig Beginner

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

Bitcoin Is Built To Last: How The Network Defends Against Attacks

Bitcoin is one of the most robust distributed systems in the history of mankind. For fifteen years it has ticked along block by block with only two disruptions in its first few years that were very quickly handled by responsive…

Crypto

FBI Warns Americans Against Using Non-KYC Crypto Money Transmitting Services

The FBI has issued a public service announcement today, warning Americans against using unregistered and non-Know Your Customer (KYC) cryptocurrency money transmitting services. JUST IN: 🇺🇸 FBI warns Americans against using non-KYC #Bitcoin and crypto money transmitting services. pic.twitter.com/BkSuG6MiCE —…

Crypto

A Further Crackdown On Bitcoin Mixing Services Will Hurt Human Rights Activists

Yesterday, the US Department of Justice (DOJ) charged Keonne Rodriguez and William Lonergan Hill, co-founders of Samourai Wallet, a privacy-focused bitcoin wallet that also serves as a mixer, with money laundering and operating an unlicensed money transmitting business. Many, including…

Crypto

Beck & Bulow Adopts Bitcoin as a Treasury Reserve Asset

Beck & Bulow, a nationally acclaimed meat and seafood company based in Santa Fe, New Mexico, has announced its decision to accept Bitcoin as payment online and in-store, as well as include it in their employee 401k program. The company…

Crypto

Bitcoin Mixing Service Samourai Wallet Founders Arrested, Charged With Money Laundering

In a significant development, Keonne Rodriguez and William Lonergan Hill, founders and CEO of the privacy-focused Bitcoin wallet and mixer, Samourai Wallet, have been arrested and charged with money laundering and operating an unlicensed money transmitting business. The U.S. Department…

Crypto

The State Of Things: Open Source Developers Arrested For Writing Code

In light of the charges brought against Keonne Rodriguez and William Lonergan Hill for their alleged operation of Samourai Wallet, I believe it is important for Bitcoiners to assess the current state of things. Too much of the discourse in…

Crypto

The Ultimate Guide to Bitcoin Self-custody for Miners

Crypto

Bitcoin address types compared: P2PKH, P2SH, P2WPKH, and more

Crypto

Bitcoin Decentralization and Where to Find It

Introduction One of Bitcoin’s undeniable and frequently touted strengths is its decentralization. It’s often claimed that the Bitcoin network offers levels of decentralization, accessibility, and distribution unmatched by any other cryptocurrency. But just how decentralized is Bitcoin in reality? And…

Crypto

Jack Dorsey And Block Are Developing A Full Bitcoin Mining System

Block, a prominent global technology company focusing on financial services, has unveiled significant advancements in its bitcoin mining project today. The company has successfully completed the development of their three-nanometer (nm) bitcoin mining chip and is now in the final…

Crypto

Bitcoin is Borderless: How Decentralization and Permissionlessness Grant Autonomy Across Political Jursidictions

Bitcoin is an ephemeral digital currency. It doesn’t have a physical address, or a specific place you can track it down. It’s everywhere. This is what gives Bitcoin its superpowers, what makes it a truly decentralized and globally accessible monetary…

Crypto

Reynolds Foundation Donates $1 Million To Fund Bitcoin And Open-source Projects

OpenSats, a non-profit organization that supports the development of free and open-source software and projects focusing on Bitcoin, announced today that it has received a $1,000,000 donation from The Reynolds Foundation. OPENSATS RECEIVES $1,000,000 DONATION FROM REYNOLDS FOUNDATION The Reynolds Foundation is…

Crypto

A Rant Against Ordinals

On Free Speech President of Bitcoin Magazine, Mike Germano, has dared me to publish this rant with the following meme: Source: To all the haters, yes, even in Bitcoin Magazine can free debate flourish. I’m grateful for the opportunity…

Crypto

ViaBTC Just Mined the 4th Ever Bitcoin Epic Sat During The Halving

Today, Bitcoin mining pool ViaBTC has officially mined block 840,000, which not only ushers in the fourth Bitcoin halving, but also includes what has been deemed an “epic sat” by the Ordinals numbering system, which is the first satoshi (smallest…

Crypto

Human Rights Foundation Announces Finney Freedom Prize On Fourth Bitcoin Halving

Today, on the day of the fourth Bitcoin halving, the Human Rights Foundation (HRF) announced the Finney Freedom Prize, commemorating the work of Hal Finney, one of the earliest public champions of Bitcoin. Today HRF launches the Finney Freedom Prize…

Crypto

WATCH: The 2024 Bitcoin Halving Livestream

The Final Countdown to the Bitcoin Halving Has Begun Join Bitcoin Magazine and top voices in the industry as we countdown to block 840,000 and ring in a new era in Bitcoin. The Bitcoin Halving Livestream powered by Kraken will…

Crypto

MicroStrategy to Host Bitcoin For Corporations Conference – Pioneering Bitcoin Adoption

MicroStrategy, the leading business intelligence and Bitcoin development company, is set to convene its MicroStrategy World conference, taking place April 29 – May 2, 2024 in Las Vegas, NV. The event features two core components: i) Artificial Intelligence + Business…