A Bitcoin Standard Unleashed
Introduction The transition from Fiat Standards to the Bitcoin Standard, though highly desirable, is not inevitable or necessarily imminent. The timing and occurrence of these changes hinge on the adoption choices made by individuals, organizations, and public entities. These decisions are influenced not only by rational considerations but also...
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Swan Bitcoin Launches Mining Division, Targets Over 8 Exahash by March
Today, BTC-only exchange Swan Bitcoin unveiled its new mining division, Swan Mining, which was previously operating in stealth mode, according to a press release sent to Bitcoin Magazine. The division is now positioned under Swan Institutional, with a focus on securing the Bitcoin network while contributing to the expansion of...
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Dr Craig Wright Offers Settlement To COPA in Legal Confrontations Over Bitcoin
Today, Dr Craig S Wright, who claims to be Satoshi Nakamoto despite providing no concrete evidence, has issued a settlement offer to members of the Crypto Open Patent Alliance (COPA) and all other parties involved. The letter, published on Wright’s personal blog, outlines the terms of the proposed settlement....
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Bitwise Becomes First U.S. Spot Bitcoin ETF to Disclose BTC Holding Addresses
Bitwise, a leading cryptocurrency asset management firm, has set a new precedent by becoming the first U.S. spot Bitcoin exchange-traded fund (ETF) to publicly disclose its Bitcoin address holdings. “Now anyone can verify BITB’s holdings and flows directly on the blockchain,” the asset manager stated. “Onchain transparency is core...
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Samourai Wallet Response To FinCEN Proposed Rules For Bitcoin Mixing
On October 23, 2023 we asked our attorney, Rafael Yakobi of The Crypto Lawyers to assemble an expert legal team to respond to the U.S. Department of the Treasury and FinCEN’s proposed rules that would seriously harm your privacy by effectively outlawing bitcoin mixing as well as conflating basic...
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Why Is Bitcoin Censorship Resistant?
One of the central value propositions of Bitcoin is that no matter what happens, if you pay a high enough fee some miner out there in the world will confirm your transaction. In other words, Bitcoin is censorship resistant. There is a very good reason that the phrase “censorship...
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Bitcoin Adoption In Pakistan Continues To Rise Without Regulatory Clarity
Pakistan is one of the emerging markets in Southeast Asia with a population of approximately 250 million, and a country where the majority of the population lives below the poverty line. The people of Pakistan are hopeful; many believe that good times are coming, and the country’s future is...
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Bitcoin’s Future Is Fractional Reserve: Unless We Do Something About It
What started as a single transaction from Satoshi to Hal Finney, has evolved into a complex system of industrial scale miners, evolving meta-protocols like the Lightning Network and Fedimint, and a full embrace of institutional investors with the record breaking inflows into various newly approved spot ETFs. Bitcoin has...
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Bitcoin Surpasses Silver To Become Second Largest ETF Commodity In The US
Bitcoin exchange-traded funds (ETFs) have surpassed silver ETFs in the United States, securing their position as the second-largest ETF commodity, in terms of assets under management (AUM). The surge in popularity of Bitcoin ETFs signals a growing acceptance of BTC as a mainstream investment vehicle. As reported by The Block,...
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Ego Death Capital To Raise $100 Million To Invest In The Bitcoin Ecosystem
In a move to catalyze the growth within the Bitcoin ecosystem, Ego Death Capital announces the launch of a new funding round, Fund II, aiming to raise $100 million. Founded in 2021, the venture capital firm, led by Jeff Booth, Andi Pitt, Nico Lechuga, with advisory support from Preston...
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