KYC, Bitcoin, and the failed hopes of AML policies: Preserving individual freedom
For the past decade, the abbreviations AML and KYC have become an inextricable part of our lives. To help law enforcement track illegal funds, an increasingly constraining set of anti-money-laundering measures is being implemented across the globe. For the past two decades, it has involved extensive know-your-customer obligations for...
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How do the Wealthiest Bitcoin Holders Secure their Bitcoin?
If you want to hold a large amount of bitcoin securely, it makes sense to investigate how the wealthiest bitcoin holders handle this task. While wealth doesn’t cause infallibility, these entities have the most to lose from making a mistake. They should be highly motivated to put substantial thought...
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LQWD Partners with Amboss as Key Lightning Network Liquidity Provider
LQWD Technologies Corp., an infrastructure and liquidity provider for the Bitcoin Lightning Network, has announced a new partnership with Amboss Technologies Inc. to become their premiere Lightning Network Liquidity Service Provider (LSP), according to a press release sent to Bitcoin Magazine. As part of the partnership, LQWD will contribute an...
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Human Rights Foundation Grants $500,000 To 14 Bitcoin Projects Worldwide
Today, the Human Rights Foundation (HRF) announced its most recent round of Bitcoin Development Fund grants, according to a press release sent to Bitcoin Magazine. $500,000 is being granted across 14 different projects around the world focusing on global education, Lightning Network development, decentralized communications, and providing nonprofits and human...
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8 Reasons to use a Bitcoin Hardware Wallet
As the value of your bitcoin grows, so does your need for secure key storage. One such solution is a hardware wallet, a physical device that allows you to securely hold the keys to your bitcoin. But hardware wallets aren’t the only option for storing your bitcoin keys—there are...
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Japan’s $1.5 Trillion Pension Fund Explores Diversifying Into Bitcoin
Japan’s Government Pension Investment Fund (GPIF), the world’s largest pension fund managing over $1.5 trillion in assets, has announced it will explore diversifying a portion of its portfolio into Bitcoin. According to the announcement, the GPIF will solicit information on illiquid alternative assets like Bitcoin, gold, forests, and farmland...
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El Salvador Moves Bitcoin Reserves to Cold Storage Vault
On March 14, 2024, El Salvador’s president-elect, Nayib Bukele, unveiled a historic bold maneuver that echoed across the Bitcoin world: El Salvador confirmed the transfer of a substantial portion of its Bitcoin holdings into cold storage, securely kept within a vault in its national borders. This strategic decision marks...
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Mercury Layer’s Lightning Latch Swap Protocol
Commerceblock has released a new atomic swap protocol for use with statechains on their Mercury Layer protocol. The HSM server has introduced functionality to support atomically swapping two statechains, as well as enforcing an atomic exchange of a statechain for a Lightning payment. This is the first example of...
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$150,000: Standard Chartered Bank Raises Bitcoin Price Forecast for 2024
Global banking giant Standard Chartered has upped its bitcoin price prediction for the end of 2024 to $150,000, a significant increase from its previous forecast of $100,000. In a new report, Standard Chartered analysts cited strong inflows into recently launched spot bitcoin ETFs in the U.S. as a primary...
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Craig Wright’s Long-Running Satoshi Claim, Analyzed and Debunked
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. After a lengthy legal dispute, London’s High Court of Justice...
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