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Crypto

CrowdHealth Crowdfunding Platform Integrates Lightning With Breez SDK

CrowdHealth, a crowdfunding platform for paying medical experiences in lieu of an insurance policy, is integrating Lightning payments with Breez’s Lightning SDK. The United States spends more than twice the average amount of money on healthcare in comparison to other…

Crypto

An Ocean Launch Post-mortem

Well, let’s just say the launch of Ocean from the social perspective was anything but smooth. The decision to filter out transactions conducting inscriptions should have been communicated clearly on launch day, instead speculation lead to a chaotic shitshow on…

Crypto

Bitcoin Surges 150% This Year, Hits $42,000 As Spot ETF Excitement Builds

Bitcoin has experienced a 150% surge in value throughout the year, reaching over $42,000 early Monday morning. This explosive growth comes amidst mounting anticipation surrounding the potential launch of a Bitcoin spot exchange-traded fund (ETF) in the United States. The…

Crypto

Vote With Your Money, And Your Feet

Individual voting, often considered a civic duty, has a statistically negligible impact on election outcomes. Studies show minimal difference between Republican and Democratic state governments on various policy outcomes. Politicians often declare every election as the “most important of our…

Crypto

Why The New ESG Narrative About Bitcoin Will Power The Next Bull Run

Bull runs are like wildfires: they need a combination of conditions to get started. A wildfire needs a long period of no rain, high temperatures and then high winds at the point of ignition. Yes – wildfires have been exacerbated…

Crypto

De Guevara Is Bitcoin Country’s Interim President As Bukele Steps Down To Run

Photo Credit: Dirección de Obras Municipales (DOM) President Nayib Bukele of El Salvador has been granted a special license allowing him to temporarily step down from his presidential role to pursue a second term in the country’s upcoming elections on…

Crypto

Block’s Decentralized Bitcoin Protocol tbDEX Goes Live In Africa

In a move toward bridging traditional financial systems with the burgeoning world of Bitcoin, TBD, a branch of Block specializing in decentralized technology, unveiled its open source protocol, tbDEX. The protocol, designed to foster trust and liquidity across diverse financial…

Crypto

Binance CEO Changpeng Zhao Pleads Guilty, Steps Down

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. In…

Crypto

MicroStrategy Buys An Additional 16,130 Bitcoin For $593 Million

MicroStrategy, a leading business intelligence and software company, has continued its steadfast commitment to Bitcoin by purchasing an additional 16,130 BTC at a total cost of $593.3 million, Founder & Chairman Michael Saylor announced today. The purchase came as Bitcoin’s…

Crypto

The Rise Of Ordinals And NFTs On The Medium Of Bitcoin

The Ordinals protocol was introduced to Bitcoin in early 2023 at a most opportune time. Bitcoin had nearly two years of low transaction fees from the lack of demand to actually send Bitcoin transactions. Bitcoin is considered to be the…

Crypto

Botanix Labs Launches First EVM-Equivalent Layer 2 Testnet on Bitcoin

Botanix Labs has officially launched the first-ever fully decentralized Ethereum Virtual Machine (EVM) equivalent Layer 2 on Bitcoin, according to a press release sent to Bitcoin Magazine. This represents over a year of dedicated research and development by the team, with a…

Crypto

Everyone Needs An Uncle Jim

The recent decision by Wallet of Satoshi to stop serving customers in the United States brings us to a crossroads in the evolution of Lightning’s use as a consumer tool. While it is trusted and custodial, Wallet of Satoshi has…

Crypto

One in Four Americans Own Bitcoin: Unchained Study

Unchained, a prominent Bitcoin financial services provider, released a new report today showcasing an interesting surge in bitcoin ownership among Americans. According to their findings, a one in four Americans and 55% of surveyed investors, defined by Unchained as those…

Crypto

Block CEO Jack Dorsey Leads $6.2 Million Investment Round In Decentralized Bitcoin Mining Pool

Today, Wyoming-based Mummolin, Inc, has announced the successful completion of a $6.2 million seed funding round, led by Jack Dorsey, also featuring prominent investors such as Accomplice, Barefoot Bitcoin Fund, MoonKite, NewLayer Capital, and the Bitcoin Opportunity Fund, among others.…

Crypto

WATCH: Block CEO Jack Dorsey to Discuss Bitcoin Mining Decentralization

Ocean, a stealth Bitcoin startup, is hosting a one-day event today in South Carolina where it will unveil new technology aimed at decentralizing Bitcoin mining. The one-day event will bring together a host of industry leaders to discuss the topic,…

Crypto

MuSig2 Is Ready Pending Two New BIPs: Introducing A New Era Of Multisig Privacy

Traditionally, creating an n-of-n multisig using CHECKMULTISIG means you’ll publish a proportional number of signatures and public keys on the blockchain to signers in the transaction. This approach not only reveals the total number of participants in the transaction, but…

Crypto

DEMAND Launches World’s First Stratum V2 Bitcoin Mining Pool

Bitcoin mining company DEMAND has announced today the world’s inaugural Stratum V2 mining pool, according to a press release sent to Bitcoin Magazine. This pool, built on the open-source Stratum Reference Implementation (SRI), aims to usher in a new era for mining by…

Crypto

Lightning Is Doomed

Lightning is doomed. High fees from Ordinals have killed all hope of scaling Bitcoin non-custodially, there is no chance at all that people will be able to cost effectively open channels or enforce hung payments on-chain when necessary. It’s all…

Crypto

The Risks of Stablecoins: Exploring The Bitcoin-Dollar With Mark Goodwin

Understanding Stablecoins Stablecoins are a type of cryptocurrency that aims to maintain a stable value by pegging it to another asset, such as a fiat currency, precious metal, or a basket of assets. Stablecoins have gained significant popularity in recent…

Crypto

Bitcoin: The Future Of Money Or The Esperanto Of Money?

Some fifty-odd years ago, I purchased a small pamphlet that promised to teach me the rudiments of “the international language” – Esperanto. The shirt-pocket sized booklet contained a half-dozen pages of grammar and a vocabulary of a few hundred words.…