I heard a lot of people say no one could define an L2 at Bitcoin Asia. The problem is that we have a definition, and most people just want to ignore it. Marketing, eh.“Bitcoin L2s” are the hottest thing on the street. People are using a bunch of…
Craig Wright Lied and Forged Documents: Judge Rules
A UK judge has ruled that Craig Wright, who claimed to be Satoshi Nakamoto, the creator of Bitcoin, lied extensively and forged documents during a high-profile trial.In a scathing 231-page judgment, Justice James Mellor stated that Wright "lied to…
Blockstream's Rusty Russell Wants To Revamp Bitcoin Script
Rusty Russell, lead Lightning developer for Blockstream, is spearheading an ambitious initiative known as the Bitcoin script restoration project. This effort aims to restore and expand the functionality of Bitcoin's script language, which was…
Project Spartacus: An Act of Solidarity For Julian Assange
This article is featured in Bitcoin Magazine’s “The Inscription Issue”. Click here to get your Annual Bitcoin Magazine Subscription.Bitcoin has for most of its lifetime been seen as a monetary network, whereby users can send and receive the native
$5.1 Billion Pension Fund CIO Joins Non-profit Organization Focused on Bitcoin Adoption
Today, the Proof of Workforce Foundation, a 501(c)(4) tax-exempt nonprofit organization, has announced the addition of two distinguished members to its Board of Directors: Ajit Singh and Raphael Zagury, according to a press release sent to Bitcoin…
$1.5T Morgan Stanley is Buying US Spot Bitcoin ETF
Recent 13F SEC filings have revealed several major US financial institutions are allocating serious money to Bitcoin via spot ETFs, with these filings disclosing the holdings of institutional investors with over $100 million allocated.After the SEC…
"Ponzi scheme" has become a byword for all manner of financial frauds and monetary scams. When a rapid six month collapse erased $2T (trillion) from crypto market capitalization in 2022, mainstream media outlets were quick to again label…
The Great Script Restoration: A Path Forward For Bitcoin
Bitcoin was initially designed with a fully fleshed out scripting language, intended to encompass and support any potential safe use case that users could come up with in the future. As Satoshi himself put it before he disappeared: “The nature of…
Senate Passes Bill to Overturn SEC Rule on Bitcoin And Crypto Custody, Biden Threatens Veto
Moments ago, the Senate passed legislation H.J.Res. 109 that would overturn the SEC's Staff Accounting Bulletin (SAB) No. 121, preventing highly regulated financial firms from custodying Bitcoin and other cryptocurrencies. The legislation passed…
CME to Launch Bitcoin Trading for Hedge Funds and Traders
The Chicago Mercantile Exchange (CME), the world's largest futures exchange, is planning to offer spot bitcoin trading on its platform, according to a Financial Times report. This move would provide major hedge funds and institutional traders with…
$2 Billion In Spot Bitcoin ETFs: Millennium Management Reveals Investment In SEC Filing
In a new disclosure, investment management company Millennium Management has revealed holdings of almost $2 billion in spot Bitcoin ETFs. This revealing was made through a SEC 13F-HR institutional investment manager holdings report filed today, and…
Creator of the Bitcoin ASIC Says Next Wave of Mining Efficiency is Coming
It is no secret that the bitcoin mining industry is being battle-tested in the wake of the fourth halving. Hash price (revenue per terrahash) has reached historic lows as bitcoin’s block subsidy has been slashed. Meanwhile, the post-halving mempool…
The State Is The Terrorist In The Case Against Samourai Wallet
"The State is any entity that can retrospectively pardon a crime. If you forgive a murder, you get an army. If you forgive an assault, you get police. If you forgive a theft, you get taxes. And this notion that there exists the sovereign ability to…
Volcano Bitcoin Mining Gives El Salvador $29 Million Boost
El Salvador has mined nearly 474 bitcoins worth around $29 million since September 2021 using geothermal energy from the Tecapa volcano, official data revealed. This boosts the country's total bitcoin holdings to 5,750 BTC valued at over $360…
Ex-BlackRock Bitcoin ETF Lead Appointed New Vanguard CEO
Vanguard, one of the world's largest investment firms, has named a new CEO: Salim Ramji, who previously led BlackRock's ETF business and helped launch its spot bitcoin ETF, IBIT in January.JUST IN: Vanguard appoints Salim Ramji as a new CEO, a…
Conservatism, in the literal and not political sense, has always been a core part of the Bitcoin ecosystem. Satoshi himself was very cautious and thorough in his original design attempts, and developers since have tried to be very cautious and…
The following is an excerpt on the debasement of marriage from "Fiat Ruins Everything" by Jimmy Song. Visit the Bitcoin Magazine Store to order a print, digital or audio copy of the book. LOVE HAS BEEN debased.In the past, love referred to the…
Developing Financial Privacy Tools Was Today Criminalized by the Dutch Court
In the Netherlands, open source developers are now liable for how their software is used.Alexey Pertsev, a 31-year old Russian national living in the Netherlands and one of the developers of the Ethereum-based privacy tool Tornado Cash, was today…
Bitcoin’s Lightning Network In Every App: Breez CEO’s Vision
Founders: Roy Sheinfeld, Roei Erez and Yaacov SlamaDate Founded: 2018Location of Headquarters: RemoteAmount of Bitcoin Held in Treasury: Dozens held in Breez Lightning nodesNumber of Employees: 11Website: https://breez.technology/Public or Private?…
Wisconsin Investment Board Becomes First State Pension To Buy Spot Bitcoin ETFs, Holds Over $162 Million
Today, the State of Wisconsin Investment Board (SWIB) has revealed its substantial investments in Bitcoin Exchange-Traded Funds (ETFs) through a recent filing with the Securities and Exchange Commission (SEC). According to the filing, SWIB holds…
Bitcoin Asia: China Emerges As New Frontier For Bitcoin Innovation
Ah, the wild west. John Wayne, the Man with No Name, Billy the Kid and Jesse James. The frontier has a way of capturing everyone’s imagination – young and old. The cowboys, the outlaws, the gold prospectors. A land of opportunity and harsh cruelty…
Tornado Cash Dev Alexey Pertsev Sentenced to 64 Months in Prison
Alexey Pertsev, a developer for the Ethereum-based crypto mixer Tornado Cash, has been sentenced to 64 months in prison after a Dutch court found him guilty of money laundering charges on Tuesday.The judge stated that the platform was "intended for…
President Biden Blocks Chinese-backed Bitcoin Mining Firm From Owning Land Near a Wyoming Nuclear Missile Base
United States President Joe Biden has issued an order prohibiting the acquisition of certain real property by MineOne Cloud Computing Investment I L.P., citing national security concerns. The order, based on findings outlined by the President, aims…
How to Delicately Handle BRC-20s and Ordinals without Hurting Bitcoin
For months Bitcoiners have been bitterly debating the Ordinals phenomenon and the large amount of trading activity and congestion they brought to the chain.It’s a very nuanced clash where it’s difficult to find the correct “ideological” response.
El Salvador Launches Website to Track $360M Bitcoin Treasury
El Salvador made history in 2021 by becoming the first country to adopt Bitcoin as a legal tender under the leadership of President Nayib Bukele. This groundbreaking decision has enabled significant financial improvements across the small Central…
America's Largest Bank JPMorgan Chase Discloses Spot Bitcoin ETF Holdings: SEC Filing
JPMorgan Chase, the largest bank in America, has revealed exposure to spot Bitcoin Exchange-Traded Funds (ETFs) in a newly filed document with the Securities and Exchange Commission (SEC) today. Phoenix Trades The SEC filing by JPMorgan Chase…
Wells Fargo, America's Third Largest Bank, Owns Spot Bitcoin ETFs: SEC Filing
In a recent filing with the Securities and Exchange Commission (SEC), Wells Fargo, one of the largest banks in the United States, disclosed its exposure to spot Bitcoin Exchange-Traded Funds (ETFs). JUST IN: Wells Fargo bank reveals it has spot
Private Jet Charter Service Candy Jets Now Accepts Bitcoin Payments
Candy Jets, a premier private jet charter service, has partnered with CoinCorner, a prominent Bitcoin services provider, to accept payments in Bitcoin for their luxury travel services, making them one of the first in the industry to embrace this…
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…
Jack Dorsey Predicts Over $1 million Bitcoin Price by 2030
Block CEO Jack Dorsey recently predicted Bitcoin could reach a price of "at least $1 million" by 2030. Since stepping down from Twitter, now X, Dorsey has become a leading Bitcoin advocate, taking part in various Bitcoin and Nostr-related…
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Wells Fargo bank reveals it has spot