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Showing posts from February, 2024

EIA Emergency Survey Preliminary Injuction Hearing Canceled Yesterday

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The hearing in Waco, Texas under District Judge Alan Albright was canceled yesterday due to the EIA and plaintiffs reaching an agreement-in-principle. bit.ly/3f7o14k http://dlvr.it/T3QXPB

Amidst a Surge in Spot Bitcoin ETF Reserves, Kraken Institutional Enters the Market #Bitcoin https://ift.tt/7fjvaXQ

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The crypto exchange based in San Francisco, Kraken, has unveiled its latest offering, Kraken Institutional, a digital currency suite designed expressly for high-net-worth firms and institutional investors. Deep Liquidity and Low-Latency Trading: Kraken Institutional’s Promise to Elite Clients This new crypto service, Kraken Institutional, introduced by Tim Ogilvie, the global head of the business division, […] from Bitcoin News https://ift.tt/K0yvx5m via IFTTT

Edward Snowden Anticipates Government Acquisition of Bitcoin in 2024

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Snowden calls Bitcoin the modern replacement for monetary gold. bit.ly/3f7o14k http://dlvr.it/T3P1X0

Nigeria Detains Two Binance Executives, Crypto Platform Accused of Exchange Rate Manipulation #Bitcoin https://ift.tt/7fjvaXQ

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Nigerian authorities have reportedly detained two senior executives from Binance who had recently arrived in the country. The Central Bank of Nigeria’s governor stated that in 2023 alone, $26 billion flowed through the cryptocurrency exchange from sources and users that the bank could not adequately identify. Passports of Binance Executives Seized Authorities in Nigeria have […] from Bitcoin News https://ift.tt/gWDRAvz via IFTTT

Arweave and Aptos Lead Crypto Market Surge With Stellar Gains as BTC Nears All-Time High #Bitcoin https://ift.tt/7fjvaXQ

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Bitcoin experienced a 6.8% increase on Wednesday, reaching a peak of $64,000. This upturn also propelled several other digital assets upwards, notably arweave (AR) with a 50.3% increase and aptos (APT) with a 23.5% appreciation against the U.S. dollar. AR, APT, FET, DOGE, PEPE, and ORDI Post Impressive Gains Amidst Crypto Upswing As of 2 […] from Bitcoin News https://ift.tt/rCHAo9Z via IFTTT

Coinbase Crashes Following Bitcoin Pump, CEO Cites 'Large Surge Of Traffic"

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CEO Brian Armstrong said the team is working to remediate the situation. bit.ly/3f7o14k http://dlvr.it/T3NjFV

Service Interruptions at Coinbase, Robinhood and Kraken as Bitcoin Soared to $64,000 #Bitcoin https://ift.tt/7fjvaXQ

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On Wednesday, bitcoin’s value ascended to the vicinity of $64,000, during which time users of Coinbase and Robinhood reported disruptions in service. As of Feb. 28, 2024, Coinbase’s status page indicated the platform was suffering from “degraded performance,” while Robinhood’s clientele voiced their grievances to the platform’s support team. Technical Troubles Shadow Bitcoin’s Climb to […] from Bitcoin News https://ift.tt/ctUDaFw via IFTTT

Bitcoin Surpasses $61,000 As New All Time High Approaches

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Bitcoin is now less then $9,000 away from making a new all time high. bit.ly/3f7o14k http://dlvr.it/T3NKJS

Strike CEO Jack Mallers Announces Expansion of Services into Africa

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Strike Africa will be available in several African markets, with plans for further expansion in the future. bit.ly/3f7o14k http://dlvr.it/T3M5FX

Russia Hints at Development of CBDC-Based BRICS Bridge Payments System #Bitcoin https://ift.tt/TE5P0wh

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Russia has proposed the development and implementation of a BRICS-wide payment system that would use central bank digital currencies (CBDCs) to manage trade settlements. The BRICS bridge, as referred to by Russian Finance Minister Anton Siluanov, would address the fragmentation of the current payment system outside the West’s “unfriendly infrastructure.” Russia Hints at Using CBDC […] from Bitcoin News https://ift.tt/Wgr0FCh via IFTTT

Bringing Two Worlds Together: Kinetex Announces ZK Light Client For Bitcoin #Bitcoin https://ift.tt/TE5P0wh

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PRESS RELEASE. Kinetex is excited to introduce BTCX, a Bitcoin ZK light client built with Succinct Labs. Developed using Succinct’s plonky2x framework and deployed seamlessly through its unified proving stack, BTCX enables EVM-compatible networks to verify the Bitcoin state directly without any centralized actors in between. The creation of this solution is the first step […] from Bitcoin News https://ift.tt/VZQwEBj via IFTTT

Hut 8 Unveils BTC-Funded 62 MW Texas Facility for Mining Efficiency Boost #Bitcoin https://ift.tt/TE5P0wh

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On Tuesday, the publicly-listed bitcoin mining company Hut 8 revealed it has initiated construction of its new mining facility in Culberson County, Texas, with plans to have it operational by the second quarter. Hut 8 further unveiled a new treasury strategy that utilizes its bitcoin holdings to fund the company’s growth efforts. Hut 8 Leverages […] from Bitcoin News https://ift.tt/CIuhzPG via IFTTT

Uniswap Introduces Wallet Extension and Limit Orders, UNI Jumps 83% in 30 Days #Bitcoin https://ift.tt/TE5P0wh

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Uniswap Labs has unveiled a collection of new features designed to refine the trading journey for users of its decentralized exchange (dex). This collection encompasses the Uniswap browser extension, limit orders for precise trading strategies, and advanced data and insights for making well-informed choices. Uniswap Labs explained on Tuesday that the expansion aims to make […] from Bitcoin News https://ift.tt/hA4NQaE via IFTTT

From Dungeons to Bitcoin Billions: Navigating the Ethical Labyrinth of Tim Draper and Ross Ulbricht

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This article navigates the complex moral and ethical landscape illuminated by the interconnected narratives of Tim Draper, a resilient venture capitalist with a profound belief in the potential of Bitcoin, and Ross Ulbricht, the enigmatic creator behind the Silk Road. bit.ly/3f7o14k http://dlvr.it/T3KS0h

Argentine President Javier Milei Seeks to Penalize Central Bank Money Issuance #Bitcoin https://ift.tt/qMPmFNj

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Javier Milei, the libertarian president of Argentina, is seeking to stop the issuance of money by the country’s central bank. Milei stated he would send a bill to Congress to penalize issuing money with jail time, explaining that central bank officials approving these movements would be incarcerated. Argentine President Javier Milei Aims to Establish Seigniorage […] from Bitcoin News https://ift.tt/tzhMn9U via IFTTT

Kyberswap Hack: Blockchain Security Firm Reports Movement of 800 ETH From Exploiter’s Address #Bitcoin https://ift.tt/qMPmFNj

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Blockchain security firm Peckshield revealed on Feb. 26 that an exploiter labeled address associated with the Kyberswap hack had bridged approximately 800 ether tokens from Arbitrum to the Ethereum blockchain. On the same day, the Kyberswap team unveiled revised dates for reimbursing users impacted by the hacking. Kyberswap Hacker Starts Moving Funds Peckshield Alert, a […] from Bitcoin News https://ift.tt/hzqoKS1 via IFTTT

BlackRock Spot Bitcoin ETF Trades over $1 Billion So Far Today In New Milestone

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Bitcoin has soared past $54,700 today, reaching highs not seen since December 2021. bit.ly/3f7o14k http://dlvr.it/T3Hb08

Layer 2 Is Not A Magic Incantation

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Layer 2s are inherently limited in what they can accomplish, and importantly under what trust model they can accomplish things, by what the Layer 1 they are built on is capable of. bit.ly/3f7o14k http://dlvr.it/T3HZm6

Potential Reprieve for Bitcoin Miners With Upcoming Difficulty Adjustment Following Record Hike #Bitcoin https://ift.tt/qMPmFNj

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Bitcoin miners are set for a potential reprieve in three days, with the difficulty anticipated to decrease on Feb. 29. This follows the year’s most significant difficulty escalation of 8.24%, which occurred on Feb. 15. The upcoming adjustment is predicted to record a reduction of 2.5% to 3%, as block time intervals extend beyond the […] from Bitcoin News https://ift.tt/vBrOHRF via IFTTT

Braiins Becomes First Mining Pool To Introduce Lightning Payouts

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Miners mining with Braiins can now instantly receive bitcoin rewards with no minimums or fees. bit.ly/3f7o14k http://dlvr.it/T3HGG4

The Catalyst That Could 'Standardize' Bitcoin

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The Bitcoin network teaches us that there's safety in numbers. Now, what could bring people together in numbers to mass-adopt it further than they have? bit.ly/3f7o14k http://dlvr.it/T3Gt0r

Grayscale Research Identifies Dencun Upgrade as ‘Coming of Age’ Event for Ethereum #Bitcoin https://ift.tt/qMPmFNj

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Grayscale Research’s latest report explains that Ethereum is poised to take advantage of several tailwinds with its upcoming Dencun upgrade. Grayscale analyst Will Ogden states that, while Ethereum is facing increased competition from other chains like Solana, Dencun’s modularity focus will help it “come of age,” lowering transaction fees for rollups and opening the doors […] from Bitcoin News https://ift.tt/hqVFTfZ via IFTTT

Riot Platforms Highlights Risks Associated With Upcoming Bitcoin Halving Event in Annual Report #Bitcoin https://ift.tt/yomnbkT

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In its latest annual report, Riot Platforms, the publicly-listed bitcoin mining firm, outlines several significant risks that could impact its operations, including troubles in the broader crypto economy, potential decreases in onchain transaction fees, and the anticipated bitcoin halving event in April 2024. The company emphasizes the halving event’s potential to reduce mining rewards as […] from Bitcoin News https://ift.tt/1WcX7Eq via IFTTT

Satoshi Nakamoto’s Growing Fortune Nears Entry Into World’s Top 25 Richest Individuals #Bitcoin https://ift.tt/yomnbkT

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2024 has unfolded as a flourishing year for bitcoin’s valuation, as its market capitalization breezed past the $1 trillion milestone, positioning the cryptocurrency as the world’s tenth-largest asset by overall market valuation. This uptick in price has significantly boosted the net worth of Bitcoin’s mysterious creator, Satoshi Nakamoto, elevating the value of the inventor’s holdings […] from Bitcoin News https://ift.tt/1qKrYsb via IFTTT

Quoth the Raven’s U-Turn: From Bitcoin Skeptic to Believer, Envisions a New Era of Financial Freedom #Bitcoin https://ift.tt/yomnbkT

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In a candid interview about his past skepticism towards bitcoin, Chris Irons, also known as ‘Quoth the Raven,’ founder of Quoth The Raven Research, has taken on a transformative journey from doubt to belief in the leading digital currency. During an episode of the “What Bitcoin Did” podcast with Peter McCormack, Irons explains his newfound […] from Bitcoin News https://ift.tt/63eETcK via IFTTT

Robert Kiyosaki Says If Bitcoin Crashes He Would Be Happy and Buy More #Bitcoin https://ift.tt/yomnbkT

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Rich Dad Poor Dad author Robert Kiyosaki has explained what he will do if the price of bitcoin crashes. The famous author has been recommending bitcoin alongside gold and silver for quite some time, and he recently increased his bitcoin holdings following the approval of U.S. spot bitcoin exchange-traded funds (ETFs). Robert Kiyosaki: ‘Sale’ Is […] from Bitcoin News https://ift.tt/Bf9cJ5x via IFTTT

Microstrategy Chairman Says Bitcoin Is Superior to Other Asset Classes — Expects Capital to Keep Flowing Into BTC #Bitcoin https://ift.tt/fesw7uF

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Microstrategy’s executive chairman, Michael Saylor, sees bitcoin as “the strongest asset.” He believes that capital is going to keep flowing from other asset classes, such as gold and real estate, into bitcoin because the cryptocurrency is “technically superior to those asset classes.” He emphasized that bitcoin is an exit strategy and Microstrategy has no plan […] from Bitcoin News https://ift.tt/tzhoYHi via IFTTT

Legal Action Forces US Energy Department to Suspend Crypto Mining Investigation #Bitcoin https://ift.tt/fesw7uF

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Following legal action initiated by Riot Platforms and the Texas Blockchain Council against the U.S. Department of Energy (DOE), the department’s statistical branch, the Energy Information Administration (EIA), has put a temporary hold on its bitcoin mining survey and quarantined the data gathered to date. DOE Puts Bitcoin Mining Inquiry on Hold Amid Legal Challenges […] from Bitcoin News https://ift.tt/2UXVFgA via IFTTT

Bitcoin’s Scalability Foreseen by Satoshi Nakamoto to Outpace Visa, Historic Email Reveals #Bitcoin https://ift.tt/fesw7uF

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This week, crypto enthusiasts and historians alike have found themselves enraptured by the wealth of newly released emails from Satoshi Nakamoto, uncovering the visionary’s early efforts with Bitcoin. Specifically, one email, identified as number #3, offers unparalleled glimpses into Nakamoto’s considerations regarding Bitcoin’s scalability, economic framework, and prospects. Emails Suggest Satoshi Nakamoto Was Quite Confident […] from Bitcoin News https://ift.tt/0rJq9W3 via IFTTT

Satoshi Nakamoto to Martti Malmi: The Correspondence That Shaped Bitcoin’s Early Days #Bitcoin https://ift.tt/JnRMqvH

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In a series of insightful emails between Martti Malmi and Satoshi Nakamoto, the foundational discussions shaping the early development of Bitcoin are revealed. These exchanges offer a rare glimpse into the critical thinking and technical challenges overcome in the cryptocurrency’s infancy. Blueprints of a Digital Revolution: Nakamoto’s Conversations With Sirius The dialogue initiated in May […] from Bitcoin News https://ift.tt/S4JAlqt via IFTTT

The New Satoshi Emails: 120 Pages Detailing Work on Bitcoin

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Satoshi Nakamoto's earliest collaborator Martii 'Sirius' Malmi has released his entire email correspondence with Bitcoin's creator. bit.ly/3f7o14k http://dlvr.it/T39XFf

Read Adam Back's Complete Emails with Bitcoin Creator Satoshi Nakamoto

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The emails show never before seen correspondence between Bitcoin creator Satoshi Nakamoto and Hashcash inventor Adam Back. bit.ly/3f7o14k http://dlvr.it/T39X6K

Bitcoin Miners Face Adapt or Perish Scenario as Halving Approaches in Under 60 Days #Bitcoin https://ift.tt/JnRMqvH

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Data indicates that we’re 96% through the journey to the next Bitcoin halving event, with under two months remaining until the reward for mining a block is reduced from 6.25 to 3.125 bitcoins. Although it’s still premature to pinpoint the precise date—given the average ten-minute interval between blocks—the event is anticipated to take place in […] from Bitcoin News https://ift.tt/bnZ7asH via IFTTT

RIOT PLATFORMS AND TEXAS BITCOIN COUNCIL SEEK INJUCTION AGAINST EIA SURVEY

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A quick summary of an ongoing hearing in Waco, Texas where the Texas Blockchain Council and Riot Platforms, Inc. are seeking a restraining order temporarily blocking the EIA emergency survey. bit.ly/3f7o14k http://dlvr.it/T39FkW

New Freelance Marketplace Launches Where Users Get Paid In Bitcoin

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The marketplace is non-custodial so both workers and clients have 100% control over their funds during projects. bit.ly/3f7o14k http://dlvr.it/T39FSJ

Spot Bitcoin ETFs Surge to $14.6 Billion in BTC Holdings 43 Days Post-Launch #Bitcoin https://ift.tt/JnRMqvH

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It has been 43 days since the debut of the spot bitcoin exchange-traded funds (ETFs) on the American stock market, and in this time, the nine newly launched bitcoin ETFs have accumulated 287,315 bitcoins, valued at approximately $14.6 billion. Leading the pack is Blackrock’s IBIT, boasting a staggering 126,950.12 bitcoins on its balance sheet. Bitcoin […] from Bitcoin News https://ift.tt/kqUIRpX via IFTTT

Scaling Liberty: Bitcoin's Tension Between Ideology and Adoption

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A look at the many factors of the limitations of Bitcoin, and why Bitcoin's nature makes addressing them a difficult task. bit.ly/3f7o14k http://dlvr.it/T38tYK

Satoshi Correspondence Revealed by Witnesses in Legal Clash Against Craig Wright #Bitcoin https://ift.tt/yHrKi9Y

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In the unfolding lawsuit between the Crypto Open Patent Alliance (COPA) and Craig Wright, three key witnesses who had early interactions with Bitcoin’s creator, Satoshi Nakamoto, provided their testimonies. Among them were early Bitcoin developers Martti Malmi and Mike Hearn, as well as Adam Back, the creator of Hashcash, the proof-of-work (PoW) algorithm integral to […] from Bitcoin News https://ift.tt/FIszvPd via IFTTT

Eigen Labs Secures $100 Million A16z Investment for Ethereum Protocol Expansion #Bitcoin https://ift.tt/yHrKi9Y

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On Thursday, the Eigen Labs development team, responsible for the Eigenlayer restaking protocol, announced a $100 million investment from A16z Crypto. This substantial funding comes after the project’s $50 million Series A round in March 2023. Eigenlayer’s Development Team, Eigen Labs, Garners $100M from A16z Crypto Eigen Labs has secured a $100 million investment from […] from Bitcoin News https://ift.tt/OvDByqh via IFTTT

Bitcoin IRAs Compared: Spot ETF vs. No-key-control vs. Physical bitcoin

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Different IRA strategies have different tax structures and expenses. Each strategy has different trade-offs to decide between. bit.ly/3f7o14k http://dlvr.it/T36k1D

Nigeria Blocks Access To Coinbase, Binance and Kraken As Naira Falls To Record Lows

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An adviser to the President of Nigeria stated that crypto should be banned within the country. bit.ly/3f7o14k http://dlvr.it/T36jmZ

Oldest Football Club Bulgaria Adopts Bitcoin Lightning and Liquid Wallet In New Partnership

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The club is also aiming to educate fans on Bitcoin, teach them how to use it for team purchases and more. bit.ly/3f7o14k http://dlvr.it/T36jYN

Decentralized Money Market Protocol Aave Joins BNB Chain’s Defi Landscape #Bitcoin https://ift.tt/yHrKi9Y

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On Feb. 22, 2024, the primary development group of the BNB Chain revealed that the decentralized finance (defi) money market protocol, Aave, has been successfully launched on the BNB network. Boasting a total value locked (TVL) of $8.571 billion, Aave is now active across 13 blockchains in total. Aave Goes Live on BNB Chain The […] from Bitcoin News https://ift.tt/0lmazi3 via IFTTT

Why I Bitcoin

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Am I 13 years late or 13 years early on bitcoin? Deadass wrong or totally right? Who knows. It's a risk, but one I now understand better and can't ignore anymore. bit.ly/3f7o14k http://dlvr.it/T36KpD

Is Coinbase Safe? Detailed Review & Data

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A review of Coinbase's operational history with a goal of analyzing its safety as a platform. bit.ly/3f7o14k http://dlvr.it/T357LK

Nigerian Users Criticize Binance for Imposing Exchange Rate Caps on USDT to Naira Transactions #Bitcoin https://ift.tt/yHrKi9Y

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Some Nigeria-based users of Binance’s peer-to-peer platform have blasted the crypto exchange’s decision to block or remove traders quoting USDT to naira exchange rates exceeding NGN1,802. Binance says it has the right to remove “users behaving in a malicious or manipulative way.” The Nigerian Currency’s Woes Some Nigerian users of Binance’s peer-to-peer (P2P) platform have […] from Bitcoin News https://ift.tt/cqkfV8R via IFTTT

Wormhole and AMD Forge Alliance to Revolutionize Blockchain Interoperability  #Bitcoin https://ift.tt/bdEOzrI

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On Wednesday, the blockchain interoperability platform Wormhole revealed it is collaborating with the American multinational semiconductor company AMD (Advanced Micro Devices). Wormhole plans to utilize AMD’s Field Programmable Gate Array (FPGA) technology in order to bolster cross-chain communication and multi-chain scalability. AMD’s FPGA Tech to Power Wormhole’s Interoperability Ambitions Wormhole, an interoperability platform for blockchains, […] from Bitcoin News https://ift.tt/G6woqnQ via IFTTT

Crypto Markets Experience Minor Setback as Major Coins Dip, While Select Tokens Buck the Trend #Bitcoin https://ift.tt/bdEOzrI

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On Wednesday, the crypto market experienced a modest downturn, with a 1% decrease in its overall value across the board, as bitcoin and ethereum saw declines of 0.51% and 0.45%, respectively. Bitcoin momentarily reached the $53,000 mark the day prior, while ether soared past the $3,000 threshold on Tuesday, though both cryptocurrencies traded significantly lower […] from Bitcoin News https://ift.tt/KGIUZ0w via IFTTT

Do Kwon’s Fate Sealed — Montenegro High Court Opts for US Extradition in Legal Tug-of-War #Bitcoin https://ift.tt/bdEOzrI

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In a landmark decision, the High Court in Podgorica has ruled that the former Terraform Labs CEO, Do Kwon, will be extradited to the United States, sidelining South Korea’s request for his extradition. The court’s ruling comes after extensive deliberations on the legal and political implications of the extradition. Report Details Do Kwon’s U.S. Extradition […] from Bitcoin News https://ift.tt/JEQauS5 via IFTTT

Largest South Korean Parties Promise Bitcoin ETFs Before Election

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With South Korean elections mere weeks away, both contenders have pledged to approve a Bitcoin ETF. Slight additional policy differences distinguish the two options. bit.ly/3f7o14k http://dlvr.it/T33qjw