Entries by Webmaster

‘Bitcoin Senator’ Cynthia Lummis Blasts Democrats For Stalling Crypto Clarity Act

Bitcoin Magazine

‘Bitcoin Senator’ Cynthia Lummis Blasts Democrats For Stalling Crypto Clarity Act
Republican Senator Cynthia Lummis has again attacked the Democrats for holding back the long-awaited crypto Clarity Act.  Speaking on the Crypto in America podcast Thursday, Lummis said that the bill could have been passed months ago but is unfairly being held back.  Lawmakers are hoping the Clarity Act gets passed before Congress departs for August
This post ‘Bitcoin Senator’ Cynthia Lummis Blasts Democrats For Stalling Crypto Clarity Act first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered

Bitcoin Magazine

Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered
The Bitcoin treasury company posted massive losses but aims to continue making digital credit a “new asset class.”
This post Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto

Bitcoin Magazine

Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto
The Treasury Secretary slammed Democrats for holding back the landmark legislation.
This post Treasury Secretary Scott Bessent Urges Lawmakers to Vote on Clarity Act, Quotes Satoshi Nakamoto first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess

Bitcoin Magazine

Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess
The Major Cities Chiefs Association is the latest to throw their support behind the crypto bill.
This post Professional Law Enforcement Group Backs Crypto’s CLARITY Act, Adding Pressure Before August Recess first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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NYSE-Listed AI Company Taps Lightning Network to Pay Employees In Bitcoin

Bitcoin Magazine

NYSE-Listed AI Company Taps Lightning Network to Pay Employees In Bitcoin
Some of the company’s laser-eyed employees wanted their salaries in Bitcoin. It was easier than expected.
This post NYSE-Listed AI Company Taps Lightning Network to Pay Employees In Bitcoin first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Spanish Bank Banco Santander Reveals $4.3M Bitcoin Investment

Bitcoin Magazine

Spanish Bank Banco Santander Reveals $4.3M Bitcoin Investment
Spain’s largest bank is the latest to buy Bitcoin exposure via BlackRock’s IBIT ETF.
This post Spanish Bank Banco Santander Reveals $4.3M Bitcoin Investment first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Bitchat Mesh App Defies India Cybercrime Notice After Protesters Use It During Network Restrictions

Bitcoin Magazine

Bitchat Mesh App Defies India Cybercrime Notice After Protesters Use It During Network Restrictions
The open-source Bitchat app, designed to work without internet or central servers, continued functioning and spreading peer-to-peer after authorities targeted its GitHub code.
This post Bitchat Mesh App Defies India Cybercrime Notice After Protesters Use It During Network Restrictions first appeared on Bitcoin Magazine and is written by Juan Galt.

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Republican Senator Cynthia Lummis Slams Democrat Lawmakers For Dragging Their Feet Over Clarity Act 

Bitcoin Magazine

Republican Senator Cynthia Lummis Slams Democrat Lawmakers For Dragging Their Feet Over Clarity Act 
The pro-crypto senator is the latest to come out and try to get the bill over the line.
This post Republican Senator Cynthia Lummis Slams Democrat Lawmakers For Dragging Their Feet Over Clarity Act  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Bitcoin Barely Budges as Fed Keeps Interest Rates Unchanged

Bitcoin Magazine

Bitcoin Barely Budges as Fed Keeps Interest Rates Unchanged
The leading cryptocurrency didn’t move much — and it wasn’t clear what the Fed will do next.
This post Bitcoin Barely Budges as Fed Keeps Interest Rates Unchanged first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Democratic Senator Backs Clarity Act — With Proposed Law Enforcement Changes Included: Report 

Bitcoin Magazine

Democratic Senator Backs Clarity Act — With Proposed Law Enforcement Changes Included: Report 
Lawmakers — mostly Democrats —are still pushing for changes to the long-awaited bill.
This post Democratic Senator Backs Clarity Act — With Proposed Law Enforcement Changes Included: Report  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Bitcoin Dips As Crypto Clarity Act Hopes Fade 

Bitcoin Magazine

Bitcoin Dips As Crypto Clarity Act Hopes Fade 
Some lawmakers are hoping the long-awaited Clarity Act gets a vote by next week.
This post Bitcoin Dips As Crypto Clarity Act Hopes Fade  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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I Scanned the Entire Bitcoin Blockchain for Images. What I Found Will Shock You

Bitcoin Magazine

I Scanned the Entire Bitcoin Blockchain for Images. What I Found Will Shock You
After three days of validation and half a day of deep scanning, the findings force a hard look at what “content on the blockchain” really means for ordinary node operators.
This post I Scanned the Entire Bitcoin Blockchain for Images. What I Found Will Shock You first appeared on Bitcoin Magazine and is written by Juan Galt.

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Core Scientific Adds More Bitcoin To Balance Sheet in Q2 Despite Selling Strategy

Bitcoin Magazine

Core Scientific Adds More Bitcoin To Balance Sheet in Q2 Despite Selling Strategy
While the publicly-traded miner’s holdings have shrunk overall this year, the company has quickly added more Bitcoin to its balance sheet the past quarter.
This post Core Scientific Adds More Bitcoin To Balance Sheet in Q2 Despite Selling Strategy first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Bank of Russia Creates New Rules For Crypto Trading 

Bitcoin Magazine

Bank of Russia Creates New Rules For Crypto Trading 
Russia’s central bank on Monday published draft regulations for the trading of digital currencies.  The Bank of Russia released the changes to its “organized trading” rules, including the term “digital currency” throughout.  The new rules are for organizations like crypto exchanges, which now have to report digital assets into their existing systems for pricing, monitoring
This post Bank of Russia Creates New Rules For Crypto Trading  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Coinbase Chief Policy Officer Praises Crypto Clarity Act as “Extraordinarily Bipartisan”

Bitcoin Magazine

Coinbase Chief Policy Officer Praises Crypto Clarity Act as “Extraordinarily Bipartisan”
Coinbase Chief Policy Officer Faryar Shirzad said it’s time for Democrats and Republicans to vote on the Clarity Act.
This post Coinbase Chief Policy Officer Praises Crypto Clarity Act as “Extraordinarily Bipartisan” first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Republicans Hope For Democratic Support on Crypto Clarity Act 

Bitcoin Magazine

Republicans Hope For Democratic Support on Crypto Clarity Act 
Lawmakers are hoping to push through the crypto market structure bill this week but the Democrats are holding things back, according to Senator Dave McCormick. Speaking to Fox Business on Friday, the Republican senator said that a vote needs to happen now.  “The Democrats are starting to think, ‘We don’t want to give it a
This post Republicans Hope For Democratic Support on Crypto Clarity Act  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing Sentiment

Bitcoin Magazine

Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing Sentiment
Investors cashed out of American Bitcoin exchange-traded funds at the end of last week, ending a seven days winning streak.  Data from Farside Investors shows that over $475 million was redeemed from the investment products during trading hours on Thursday and Friday, with BlackRock’s iShares Bitcoin Trust handling most of the trading action.  Risk appetite
This post Bitcoin ETFs Bled Nearly Half a Billion Dollars End of Last Week, Reversing Sentiment first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Russia’s Sberbank Sets December Deadline for Crypto Buildout: Report

Bitcoin Magazine

Russia’s Sberbank Sets December Deadline for Crypto Buildout: Report
Russia’s largest bank, Sberbank, will build crypto infrastructure by December, according to a report by Russian news agency Interfax.  A key piece will be a digital depository that tracks clients’ crypto rights and records off-blockchain transactions, while also handling wallet transfers to execute client orders, Interfax reported Monday.  Sberbank this month revealed plans to debut
This post Russia’s Sberbank Sets December Deadline for Crypto Buildout: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Morgan Stanley Bitcoin ETF Nearly Notches $400M in Assets

Bitcoin Magazine

Morgan Stanley Bitcoin ETF Nearly Notches $400M in Assets
Investors were cashing out of Bitcoin ETFs this week — but Morgan Stanley’s product received fresh cash.
This post Morgan Stanley Bitcoin ETF Nearly Notches $400M in Assets first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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State Department to Debut Freedom Tech Program with Bitcoin Policy Institute, Palantir as Founding Partners

Bitcoin Magazine

State Department to Debut Freedom Tech Program with Bitcoin Policy Institute, Palantir as Founding Partners
The initiative wants to protect free expression online.
This post State Department to Debut Freedom Tech Program with Bitcoin Policy Institute, Palantir as Founding Partners first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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National Fraternal Order of Police Gives Green Light to Clarity Act in Latest Support for Crypto Bill

Bitcoin Magazine

National Fraternal Order of Police Gives Green Light to Clarity Act in Latest Support for Crypto Bill
A number of organizations have thrown support behind the bill this week.
This post National Fraternal Order of Police Gives Green Light to Clarity Act in Latest Support for Crypto Bill first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Sealed in Foil: BMAG’s New Focus on Trading Cards

Bitcoin Magazine

Sealed in Foil: BMAG’s New Focus on Trading Cards
From rare pulls to provable ownership, BMAG explores why trading cards and Bitcoin share the same foundations of authenticity, scarcity, and value.
This post Sealed in Foil: BMAG’s New Focus on Trading Cards first appeared on Bitcoin Magazine and is written by Dennis Koch.

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Top Crypto Industry Groups Pen Letter to Senate Leaders Urging Them To Support the Clarity Act

Bitcoin Magazine

Top Crypto Industry Groups Pen Letter to Senate Leaders Urging Them To Support the Clarity Act
Three advocacy groups are the latest to throw their support behind the crypto market structure bill.
This post Top Crypto Industry Groups Pen Letter to Senate Leaders Urging Them To Support the Clarity Act first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Democrats Push Back on GOP Ethics Text as Thune Doubts a Pre-Recess Clarity Vote

Bitcoin Magazine

Democrats Push Back on GOP Ethics Text as Thune Doubts a Pre-Recess Clarity Vote
Senate Democrats have rejected the ethics provision in the latest Clarity Act draft in blunt terms, and Majority Leader John Thune cast doubt on Thursday that the crypto market-structure bill can pass before the August recess. “Whatever piece of s–t they sent back to us, that was not a serious effort,” Senator Ruben Gallego of
This post Democrats Push Back on GOP Ethics Text as Thune Doubts a Pre-Recess Clarity Vote first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Bitcoinist.App Brings Private Mining Pools to iOS

Bitcoin Magazine

Bitcoinist.App Brings Private Mining Pools to iOS
The only Bitcoin mining app on the Apple App Store that lets users create private pools, invite friends and family to combine hashpower, and compete with the global Bitcoin hashrate, while payouts go directly to wallets they control.
This post Bitcoinist.App Brings Private Mining Pools to iOS first appeared on Bitcoin Magazine and is written by Bitcoin Magazine.

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Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility

Bitcoin Magazine

Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility
The Smarter Web Company sold 177.89 BTC for $11.7 million to repay a convertible debt facility early, avoiding shareholder dilution while retaining a treasury of 2,700 BTC.
This post Smarter Web Company Sells Bitcoin to Clear $11.7 Million Debt Facility first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Bitcoin Slumps But These Mining Stocks Are Up Thanks to AI Deals

Bitcoin Magazine

Bitcoin Slumps But These Mining Stocks Are Up Thanks to AI Deals
Bitcoin is selling off and so is the stock market — but mining stocks are on a tear.
This post Bitcoin Slumps But These Mining Stocks Are Up Thanks to AI Deals first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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BlackRock Says Crypto Can Outrun the Quantum Threat — If It Moves Fast Enough

Bitcoin Magazine

BlackRock Says Crypto Can Outrun the Quantum Threat — If It Moves Fast Enough
BlackRock thinks Bitcoin and other crypto networks have the upper hand when facing the threat of quantum computers.
This post BlackRock Says Crypto Can Outrun the Quantum Threat — If It Moves Fast Enough first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Goldman Sachs Backs the Clarity Act, Splitting Wall Street Over Crypto Rules

Bitcoin Magazine

Goldman Sachs Backs the Clarity Act, Splitting Wall Street Over Crypto Rules
Goldman Sachs CEO David Solomon endorsed the Clarity Act, breaking with much of the banking industry as Senate Republicans push the crypto market-structure bill despite mounting opposition over stablecoin yield provisions and ethics concerns.
This post Goldman Sachs Backs the Clarity Act, Splitting Wall Street Over Crypto Rules first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Coinbase Builds Post-Quantum Custody System, Funds Bitcoin’s Crypto Upgrade

Bitcoin Magazine

Coinbase Builds Post-Quantum Custody System, Funds Bitcoin’s Crypto Upgrade
Coinbase says that while the threat isn’t imminent, quantum may one day be able to break Bitcoin’s cryptography.
This post Coinbase Builds Post-Quantum Custody System, Funds Bitcoin’s Crypto Upgrade first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Kazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners

Bitcoin Magazine

Kazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners
Kazakhstan has laid out a plan to build a national strategic crypto reserve fed by its bitcoin miners, part of a two-step push by President Kassym-Jomart Tokayev to pull the country’s large mining industry into a regulated, state-supervised system. A presidential decree signed July 7 sets the frame, and a government resolution approved July 18
This post Kazakhstan Moves to Build a National Crypto Reserve Funded by Bitcoin Miners first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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BlackRock, Coinbase, Strategy Among Nine Firms Launching the Bitcoin Security Consortium, Pledging $15 Million To BTC Security Development

Bitcoin Magazine

BlackRock, Coinbase, Strategy Among Nine Firms Launching the Bitcoin Security Consortium, Pledging $15 Million To BTC Security Development
Nine major Bitcoin firms launched a consortium pledging $15 million to support Bitcoin security research and long-term resilience, including quantum readiness.
This post BlackRock, Coinbase, Strategy Among Nine Firms Launching the Bitcoin Security Consortium, Pledging $15 Million To BTC Security Development first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq

Bitcoin Magazine

Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq
BancaStato has become the latest Swiss bank to offer regulated bitcoin trading through its existing banking apps via Sygnum’s infrastructure.
This post Swiss Bank BancaStato Launches Bitcoin Trading Through Sygnum and Avaloq first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Nasdaq-listed Zhibao Technology to Take 3,500 Bitcoin in Proposed PIPE Financing

Bitcoin Magazine

Nasdaq-listed Zhibao Technology to Take 3,500 Bitcoin in Proposed PIPE Financing
Nasdaq-listed Zhibao Technology plans to accept 3,500 bitcoin in a proposed $220 million PIPE deal, a move that would transform the Chinese insurance-tech firm into the latest public company building a bitcoin treasury.
This post Nasdaq-listed Zhibao Technology to Take 3,500 Bitcoin in Proposed PIPE Financing first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Benchmark Raises Hut 8 Price Target After Bitcoin Miner Signs $9.8 Billion AI Data Center Deal

Bitcoin Magazine

Benchmark Raises Hut 8 Price Target After Bitcoin Miner Signs $9.8 Billion AI Data Center Deal
Bitcoin miner Hut 8’s stock will soar due to its AI ambitions, according to investment bank Benchmark.
This post Benchmark Raises Hut 8 Price Target After Bitcoin Miner Signs $9.8 Billion AI Data Center Deal first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Lightning Labs Launches Wavelength: “Bitcoin on Easy Mode” for Developers and Autonomous Agents

Bitcoin Magazine

Lightning Labs Launches Wavelength: “Bitcoin on Easy Mode” for Developers and Autonomous Agents
Available immediately on Signet and testnet (mainnet invitation-only), Wavelength exposes the same API to AI agents through the Model Context Protocol so machines can pay machines in fractions of a cent while users retain full key control.
This post Lightning Labs Launches Wavelength: “Bitcoin on Easy Mode” for Developers and Autonomous Agents first appeared on Bitcoin Magazine and is written by Juan Galt.

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New Clarity Act Draft Would Bar Trump and Officials From Issuing Crypto, With a 2029 Sunset

Bitcoin Magazine

New Clarity Act Draft Would Bar Trump and Officials From Issuing Crypto, With a 2029 Sunset
Senate Republicans unveiled a revised Clarity Act that adds a temporary ban on top federal officials issuing or sponsoring digital assets while preserving key pro-crypto provisions.
This post New Clarity Act Draft Would Bar Trump and Officials From Issuing Crypto, With a 2029 Sunset first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Winklevoss Twins Donated $10 Million From Bitcoin Sale to Trump Super PAC

Bitcoin Magazine

Winklevoss Twins Donated $10 Million From Bitcoin Sale to Trump Super PAC
Crypto entrepreneurs Tyler and Cameron Winklevoss have again donated their Bitcoin to President Trump.
This post Winklevoss Twins Donated $10 Million From Bitcoin Sale to Trump Super PAC first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Coinbase Settles FOIA Fight With the SEC Over Gensler’s Vanished Texts

Bitcoin Magazine

Coinbase Settles FOIA Fight With the SEC Over Gensler’s Vanished Texts
Coinbase settled its FOIA lawsuit against the SEC after the agency admitted it destroyed former Chair Gary Gensler’s text messages, securing a $150,000 payment and reforms to the SEC’s record-retention policies.
This post Coinbase Settles FOIA Fight With the SEC Over Gensler’s Vanished Texts first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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VanEck: Bitcoin’s Summer Lull Masks a Tightening Supply Base

Bitcoin Magazine

VanEck: Bitcoin’s Summer Lull Masks a Tightening Supply Base
VanEck says Bitcoin’s quiet summer trading masks a tightening supply base, with cautious derivatives and weak miner economics weighing on the near term even as long-term holders continue accumulating.
This post VanEck: Bitcoin’s Summer Lull Masks a Tightening Supply Base first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Satsuma Shareholders Approve Bitcoin Liquidation, London Delisting

Bitcoin Magazine

Satsuma Shareholders Approve Bitcoin Liquidation, London Delisting
Satsuma shareholders voted to sell the company’s bitcoin, return the cash to investors, and delist from the London Stock Exchange, ending its run as a bitcoin treasury company after heavy losses.
This post Satsuma Shareholders Approve Bitcoin Liquidation, London Delisting first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Bitcoin is NOT Changed by Proof Of Node

Bitcoin Magazine

Bitcoin is NOT Changed by Proof Of Node
The proposal to temporarily restrict arbitrary data in Bitcoin transactions lacks economic nodes, protocol developers, and hashrate. History from the 2017 UASF shows nodes succeed only with broad investor and developer weight behind them.
This post Bitcoin is NOT Changed by Proof Of Node first appeared on Bitcoin Magazine and is written by Juan Galt.

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Bitcoin Maxi Jack Dorsey Unveils New Open Source Group Chat App

Bitcoin Magazine

Bitcoin Maxi Jack Dorsey Unveils New Open Source Group Chat App
Jack Dorsey’s company Block has debuted a decentralized rival to group chat platform Slack.
This post Bitcoin Maxi Jack Dorsey Unveils New Open Source Group Chat App first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Coinbase Wants To Be Canada’s ‘Everything Exchange’ — With Crypto, Stocks, and Prediction Markets

Bitcoin Magazine

Coinbase Wants To Be Canada’s ‘Everything Exchange’ — With Crypto, Stocks, and Prediction Markets
Coinbase is working to bring Canadian customers tokenized stocks and prediction markets in a push to become an “everything exchange.”
This post Coinbase Wants To Be Canada’s ‘Everything Exchange’ — With Crypto, Stocks, and Prediction Markets first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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White House Presses Senate Democrats To Accept Trump Ethics Deal On Clarity Act

Bitcoin Magazine

White House Presses Senate Democrats To Accept Trump Ethics Deal On Clarity Act
White House officials are urging Senate Democrats to accept President Trump’s ethics deal on the Clarity Act, with negotiations entering the final stretch before Congress’ August recess.
This post White House Presses Senate Democrats To Accept Trump Ethics Deal On Clarity Act first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Hyperscale Data Buys More Bitcoin, Bridging Holdings to Over $72 million

Bitcoin Magazine

Hyperscale Data Buys More Bitcoin, Bridging Holdings to Over $72 million
Hyperscale Data, Inc. now has over 1,000 Bitcoins worth over $72 million following its latest buy.
This post Hyperscale Data Buys More Bitcoin, Bridging Holdings to Over $72 million first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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U.S. Senator: Clarity Act is ‘Almost There,’ Treasury Secretary Puts It at the ‘1-Yard Line’

Bitcoin Magazine

U.S. Senator: Clarity Act is ‘Almost There,’ Treasury Secretary Puts It at the ‘1-Yard Line’
Senate negotiators say the Clarity Act is “almost there” as Treasury Secretary Scott Bessent calls it the “1-yard line,” with lawmakers racing to pass the crypto market-structure bill before the August recess.
This post U.S. Senator: Clarity Act is ‘Almost There,’ Treasury Secretary Puts It at the ‘1-Yard Line’ first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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U.S. Treasury Freezes $130 Million Iran-Linked IRGC Crypto Wallet, Tracks Ayatollah’s Assets

Bitcoin Magazine

U.S. Treasury Freezes $130 Million Iran-Linked IRGC Crypto Wallet, Tracks Ayatollah’s Assets
Treasury Secretary Scott Bessent said the U.S. froze a $130 million crypto wallet linked to Iran’s IRGC as part of a broader effort to track and seize assets tied to Supreme Leader Ali Khamenei and increase economic pressure on Tehran.
This post U.S. Treasury Freezes $130 Million Iran-Linked IRGC Crypto Wallet, Tracks Ayatollah’s Assets first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Russia Passes Landmark Crypto Law, Setting State-Run Rails for Sanctioned Trade

Bitcoin Magazine

Russia Passes Landmark Crypto Law, Setting State-Run Rails for Sanctioned Trade
Russia’s parliament passed its first comprehensive crypto law, creating a state-regulated framework for exchanges and investors.
This post Russia Passes Landmark Crypto Law, Setting State-Run Rails for Sanctioned Trade first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Galaxy (GLXY) Commits $5 Million to Prepare Bitcoin for the Quantum Threat

Bitcoin Magazine

Galaxy (GLXY) Commits $5 Million to Prepare Bitcoin for the Quantum Threat
Galaxy Digital launched a Bitcoin Quantum Readiness Initiative to help prepare the Bitcoin network for the potential threat posed by powerful quantum computers.
This post Galaxy (GLXY) Commits $5 Million to Prepare Bitcoin for the Quantum Threat first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Bitcoin Miner Hut 8 Shares Jump on $9.8 Billion AI Data Center Deal

Bitcoin Magazine

Bitcoin Miner Hut 8 Shares Jump on $9.8 Billion AI Data Center Deal
Bitcoin miner Hut 8 has said it signed a second 15-year lease ​worth $9.8 billion for its AI data center. 
This post Bitcoin Miner Hut 8 Shares Jump on $9.8 Billion AI Data Center Deal first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Bitcoin-Treasury Capital B Plans 10-for-1 Reverse Stock Split for September

Bitcoin Magazine

Bitcoin-Treasury Capital B Plans 10-for-1 Reverse Stock Split for September
Capital B will execute a 10-for-1 reverse stock split in September as the Paris-listed bitcoin treasury company looks to attract more institutional investors while continuing to build its 3,139 BTC reserve.
This post Bitcoin-Treasury Capital B Plans 10-for-1 Reverse Stock Split for September first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Coinbase Executive Says Clarity Act Has ‘Tremendous Momentum’ in the Senate

Bitcoin Magazine
Coinbase Executive Says Clarity Act Has ‘Tremendous Momentum’ in the Senate
Coinbase’s Ryan VanGrack said the Clarity Act is gaining strong Senate momentum and argued it would bring long-awaited federal rules, stronger consumer protections, and regulatory clarity to the crypto industry.
This post Coinbase Executive Says Clarity Act Has ‘Tremendous Momentum’ in the Senate first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Russia Moves to Rein In Crypto Fraud With New Legislation

Bitcoin Magazine

Russia Moves to Rein In Crypto Fraud With New Legislation
Russia is pushing ahead with regulating the cryptocurrency market, with the State Duma considering a bill on combating fraud in the industry, according to reports.  The bill will look at “combating the illegal use of cryptocurrencies within our country,” Anatoly Aksakov, chairman of the State Duma Committee on Financial Markets, reportedly said. Lawmakers will vote
This post Russia Moves to Rein In Crypto Fraud With New Legislation first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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New Onramp Report Makes the Case for Spot Bitcoin Over Paper Claims as Price Sits at Half Its Peak

Bitcoin Magazine

New Onramp Report Makes the Case for Spot Bitcoin Over Paper Claims as Price Sits at Half Its Peak
Onramp argues that spot bitcoin offers stronger long-term value than paper bitcoin exposure, highlighting bitcoin’s fixed supply as its price trades roughly 50% below its all-time high.
This post New Onramp Report Makes the Case for Spot Bitcoin Over Paper Claims as Price Sits at Half Its Peak first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Strive (ASST) Adds 21 Bitcoin as Treasury Reaches 19,921 BTC and Cash Climbs to $157 Million

Bitcoin Magazine

Strive (ASST) Adds 21 Bitcoin as Treasury Reaches 19,921 BTC and Cash Climbs to $157 Million
Strive (ASST) bought 21 bitcoin for about $1.3 million last week, increasing its treasury to 19,921 BTC while cash reserves rose to $157.4 million, according to a Monday SEC filing.
This post Strive (ASST) Adds 21 Bitcoin as Treasury Reaches 19,921 BTC and Cash Climbs to $157 Million first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Strategy (MSTR) Sells $263.5 Million in MSTR Shares, Skips Bitcoin Purchase as USD Reserve Tops $3.2 Billion

Bitcoin Magazine

Strategy (MSTR) Sells $263.5 Million in MSTR Shares, Skips Bitcoin Purchase as USD Reserve Tops $3.2 Billion
Strategy sold $263.5 million in MSTR shares last week without buying bitcoin, raising its U.S. dollar reserve to a record $3.225 billion while maintaining its 843,775 BTC treasury and continuing its recent shift toward cash accumulation.
This post Strategy (MSTR) Sells $263.5 Million in MSTR Shares, Skips Bitcoin Purchase as USD Reserve Tops $3.2 Billion first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Ocean Mining VP Jason Hughes: BIP-110 on Track to Fail as Miner Signaling Stays Below 1%

Bitcoin Magazine

Ocean Mining VP Jason Hughes: BIP-110 on Track to Fail as Miner Signaling Stays Below 1%
Ocean Mining’s VP of Development and Engineering Jason Hughes argues BIP-110 lacks measurable consensus, with node signaling at 7-15% and hashrate support under 1% ahead of the critical block 961632 window.
This post Ocean Mining VP Jason Hughes: BIP-110 on Track to Fail as Miner Signaling Stays Below 1% first appeared on Bitcoin Magazine and is written by Jason Hughes.

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SBI Holdings Takes Majority Stake in Singapore’s Coinhako After MAS Approval

Bitcoin Magazine

SBI Holdings Takes Majority Stake in Singapore’s Coinhako After MAS Approval
SBI Holdings has acquired a majority stake in Singapore’s Coinhako after MAS approval, strengthening its push to build a cross-border digital asset network across Japan and Southeast Asia.
This post SBI Holdings Takes Majority Stake in Singapore’s Coinhako After MAS Approval first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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Bitcoin Mining Giant Foundry Asks Miners To Vote on BIP-110 Soft Fork

Bitcoin Magazine

Bitcoin Mining Giant Foundry Asks Miners To Vote on BIP-110 Soft Fork
Foundry Digital said it will allow clients who use its Bitcoin mining pool to vote on BIP-110.
This post Bitcoin Mining Giant Foundry Asks Miners To Vote on BIP-110 Soft Fork first appeared on Bitcoin Magazine and is written by Mathew Di Salvo and Micah Zimmerman.

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Bitcoin Price Falls Under $63,000 on U.S.-Iran Strikes and Trump’s China Charge, but Onchain Data Points to Buyers

Bitcoin Magazine

Bitcoin Price Falls Under $63,000 on U.S.-Iran Strikes and Trump’s China Charge, but Onchain Data Points to Buyers
Bitcoin price fell below $63,000 as U.S. strikes on Iran and renewed U.S.-China tensions sparked a broader risk-off sell-off, though analysts say resilient onchain data and renewed ETF inflows suggest buyers are quickly stepping back into the market.
This post Bitcoin Price Falls Under $63,000 on U.S.-Iran Strikes and Trump’s China Charge, but Onchain Data Points to Buyers first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

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T. Rowe Price Debuts New ETF With Bitcoin and Crypto Exposure

Bitcoin Magazine

T. Rowe Price Debuts New ETF With Bitcoin and Crypto Exposure
Asset manager T. Rowe Price has debuted a crypto fund giving investors exposure to Bitcoin and other digital assets. 
This post T. Rowe Price Debuts New ETF With Bitcoin and Crypto Exposure first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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