Why Wyoming’s Governor Supports the State’s Crypto Banking Law
Keeping Wyoming's lead in crypto banking is a priority of the state's top elected official, Gov. Mark Gordon....
Market Wrap: Bitcoin Falls to $12.7K as Global Equities Falter; Ethereum Fees Continue to Drop
Bitcoin’s price took a dive along with most other assets as Ethereum fees continue to dip....
Hedge Funds Failures, Bankruptcies and Pandemic Fatigue
As cases rise and the U.S. settles in for a fresh wave of COVID-19, the economic fallout from round one is still being felt, from hedge funds to bankruptcies and beyond....
From DeFi to DeOps: How Public Blockchains Could Replace ERP Systems
As DeFi does away with middlemen in finance, "DeOps" could reduce the need for intermediaries in large-scale supply systems....
PayPal’s Crypto Offering May Be ‘a Huge Headache’ for Taxpayers
PayPal opening its network to cryptocurrencies could create a serious tax headache for users....
US Bail Funds Are Seeing an Uptick in Cryptocurrency Donations
The Bail Project, Chicago Community Bond Fund and Nashville Community Bail Fund take cryptocurrency donations not just in BTC, but also ETH and even BAT....
Harvest Finance: $24M Attack Triggers $570M ‘Bank Run’ in Latest DeFi Exploit
Harvest Finance has seen its total value locked drop by more than $500 million in the 12 hours since being hit by a flash loan attack....
Blockchain Bites: DeFi’s Harvest Hit, IRS’ Crypto Clarification, JPMorgan’s Buoyant Bitcoin Note
PLUS: Ethereum developer Virgil Griffith's legal defense, PayPal's dropped client and more....
Notional Launches Out of Stealth to Bring Fixed-Rate Lending to DeFi
Notional enables fixed-rate debt on Ethereum using a new on-chain automated market maker....
The Big Choices When Designing Central Bank Digital Currencies
A retail CBDC or an indirect one? Synthetic? An API approach? How central banks implement digital currencies will have seismic implications....
Monero Reaches 2-Year High, Taking YTD Gain to 200%
Regulatory scrutiny is likely garnering more attention for monero amid an upward-trending broader market....
Uniswap, Curve Daily Trading Volumes Surges Past $2B, Likely Driven by Harvest Attack
Daily trading volume on Uniswap surged by over 1,200% to a record $2.04 billion, surpassing the previous record high of $953.59 million registered on Sept. 1 by a big margin....
Benoit Coeure Reveals BIS Plan for CBDC Trial Starting in 2020
BIS is planning a proof-of-concept trial of a CBDC in collaboration with the Swiss central bank....
Silvergate Bank Sees 40% Increase in Deposits From Digital Currency Customers
Silvergate Bank added $586 million in new deposits from firms and individuals in the cryptocurrency industry in the third quarter of 2020....
Roll Raises Another $1M to Make Money Social
Personal token platform Roll is announcing the raise of $1 million from Fabric Ventures, IOSG, William Mougayar and others....
Marathon Purchases Additional 10,000 S-19 Pro Miners From Bitmain
This marks the second 10,000+ machine order from Marathon since August....
First Mover: Bitcoin Steady Over $13K as JPMorgan Has Eureka! Moment
Bitcoin traders can be forgiven for gloating over JPMorgan's sudden pronouncement that the largest cryptocurrency has considerable long-term upside....
Number of Bitcoin ‘Whale’ Addresses at Highest Since Autumn 2016
The number of investors with over 1,000 bitcoin has peaked to four-year highs amid the recent price rally....
PayPal-Backed Blockchain Analytics Firm Hires Former US Treasury Adviser
TRM Labs, a blockchain analytics firm with backing from PayPal, is adding Ari Redbord as its head of legal and government affairs....
Election 2020: What’s at Stake for the Crypto Industry
While neither major Presidential candidate is campaigning on a crypto platform, who they appoint to head up federal agencies will shape policy for years to come....
Video: Printing Is The Plague, Bitcoin Is The Cure
In this episode of the Bitcoin Magazine Podcast, CK sits with Thib Maréchal to discuss the history of money printing and how Bitcoin offers humanity a solution to this great plague. Thib, who works at Bitcoin custody provider Knox, expands on his recent article for Bitcoin Magazine on seigniorage, the long history of money printing and the importance of Plan B. “In this brief essay, we will try to dissect the fundamentally flawed nature of alternative digital currencies, observe bi...
Remembering Room77, Bitcoin’s Favorite Bar
Amid the seemingly nonstop flow of wild events in 2020, including the COVID-19 pandemic, the start of the next bitcoin bull run and copycat bacon cheeseburger token scams (more on that later), the legendary Room77 has now officially closed for good. The Room77 was the first brick-and-mortar business to accept bitcoin. You could pay for your drinks, burgers and for a slightly overpriced hot chocolate (more on that later, too). I would visit the “Room” several times a year while visit...
Video: Wasabi, Crypto Anarchy And Freedom W/ Max Hillebrand
Listen to the episode here: AppleSpotifyGoogleLibsynOvercast For this episode of the Bitcoin Magazine Podcast, host CK sits down with Max Hillebrand (@HillebrandMax), a prolific Bitcoin education and member of the Bitcoin privacy research group zkSNACKs. The pair dive into updates on Wasabi Wallet (ZKSnacks’ primary product) and discuss higher-level introductions to topics that are essential for all Bitcoiners and advocates of liberty. Specific topics discussed include: Wa...
How Bitcoin Mixers Help Protect Privacy
This is a promoted article provided by bitcoinmix.org. Bitcoin mixers are services that mix BTC from different sources to obscure their transaction history. Using these services, Bitcoiners can protect their privacy and keep prying eyes from assessing the history of their funds or other information about them. Bitcoin addresses are pseudonymous, and don’t inherently reveal the specific real-world identity of their owners, but they can be traced back to exchanges or other points at which...
Bitcoin Is A Mature Asset
Bitcoiners have to endure a lot of criticism from those who are still skeptical of the digital asset. A lot of the time, this skepticism comes from misunderstandings about the true nature of what the network is capable of. Headlines like “Bitcoin Was Hacked,” “Bitcoin Is Used By Criminals,” and “Bitcoin Is Bad For The Environment” are examples of the common misunderstandings that Bitcoiners have to disprove to their colleagues, friends and family whenever the topic comes up. ...
Video: Sync Bitcoin Faster! Assume UTXO
On this episode of The Van Wirdum Sjorsnado, Aaron and Sjors discuss “Assume UTXO,” a proposal and project by Chaincode Labs alumnus James O’Beirne. One of the biggest, if not the biggest, bottlenecks for scaling Bitcoin is initial block download: the time it takes for a Bitcoin node to synchronize with the Bitcoin network, as it needs to process all historic transactions and blocks in order to construct the latest UTXO-set: the current state of bitcoin-ownership. Aaron and Sjors ...
As Corporations Build Bitcoin Treasuries, We All Win
The last three months in Bitcoin have been marked by large corporate entities transitioning significant portions of their treasury holdings into bitcoin. In August, software intelligence company MicroStrategy announced that it purchased 0.1 percent of the total BTC supply (its CEO Michael Saylor has since gone full maxi, and become a bit of a celebrity in the space). Major payments company Square, which has been offering BTC exposure to users of its mobile payments platform for some time, all...
PayPal Brings Users To Bitcoin, But Not The Bitcoin Network
Article image created by cryptograffiti. News broke on the morning of October 21 2020, that PayPal would grant its users the ability to purchase, sell and hold bitcoin within its app. PayPal’s stock price rose 4.65 percent on the news, and the bitcoin price continued its rise from $11,400 to $12,700 by midday. There is no denying that PayPal is a monster in the mobile and digital payment processing space. Since the lockdowns stemming from the spread of COVID-19, consumers and business...
Franklin Templeton Join Series A For Institutional Bitcoin Custody Provider Curv
Curv, an institutional crypto asset custody provider, today announced that global investment firm Franklin Templeton and fintech-focused venture capital firm Illuminante Financial Management have joined its Series A funding round — which already included CommerzVentures, Coinbase, Digital Currency Group, Team8 and Digital Garage. “Curv is driving traditional institutional and crypto native demand for digital assets through multi-party computation (MPC) security technology, a critical requ...
Nigerian Aid Group Finds Sovereign Lifeline In Bitcoin
This article also appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! Since mid-October, protestors across Nigeria have been demonstrating daily to bring attention to claims that a police unit known as the Special Anti-Robbery Squad (SARS) is taking part in kidnapping, extortion and other violent and unlawful actions. Though the country’s inspector general announced that SARS would be disbanded on October...
Introducing The Best Of Bitcoin Magazine
Since 2012, Bitcoin Magazine has been providing insight, analysis and thought leadership about the Bitcoin space — the first publication of any kind to commit to doing so. Thanks to some prescience about how truly revolutionary this technology would prove to be, we have had the chance to bear witness to the space’s most foundational events, to elevate insightful voices and tell the stories that mirror BTC’s journey as a whole. To help showcase this history, we’ve compiled a new r...
Video: The Fed Considers CBDCs And Bretton Woods 2.0
Where to listen: AppleSpotifyGoogleOvercastYouTubeLibsyn The IMF panel on cross-border payments was a Central Bank Digital Currency (CBDC) discussion in disguise, headlined by Jerome Powell, chairman of the Federal Reserve. The CBDC narrative is the central bank version of the hype around blockchain technologies that rose from 2016 to 2018. Back in 2019, the International Monetary Fund (IMF) began dipping its toe into the CBDC idea. That naturally spread to emerging markets, wh...
PayPal Introduces Ability To Buy, Sell And Hold Bitcoin
Major online payments company PayPal today announced the launch of a service that will allow its customers to buy, sell and hold bitcoin, along with other select cryptocurrencies, directly from their PayPal accounts. This could create a brand new on-ramp to BTC for a huge new consumer base with interest in digital payments, as the service has some 300 million users. PayPal will also make bitcoin available as a funding source for purchases at its network of 26 million global merchants, which s...
The Rush To Own India’s Bitcoin Market Is Back On
While the volume and scale may not be huge by current industry standards, venture capital inflows into Indian Bitcoin companies have been hard not to notice this year. Long considered an obviously ripe market for Bitcoin adoption, the regulatory and banking establishments in India have, at times, hamstrung growth of a local commercial Bitcoin ecosystem, leading to frustration for companies building and gaining traction for their services as well as for outside capital looking to take advantage o...
Video: Fresh Competition Is Shaping The Bitcoin Mining Hardware And Pool Landscape
Always a sector to watch, the Bitcoin mining space is host to several narratives that are worth a closer look today, as fresh capital and competition enter the market. Among these are the geographic distribution of hash power, mining hardware hierarchy and mining pool offerings. On this episode of Bitcoin Magazine’s “Bitcoin In Asia,” Nishant Sharma, a long-time bitcoin mining industry insider in China who is now a founder and partner of BlocksBridge Consulting — a communications...
Introducing CBPI: A New Way To Measure Bitcoin Network Electrical Consumption
There have been many claims in recent years that bitcoin and the miners securing the network via SHA-256 proof of work use an unconscionable amount of energy. But what data are these claims based on, are the source calculations using flawed or sound approaches and assumptions? How much electrical power does the network draw and how much electrical energy has the Bitcoin network used historically? Methodologies And Misconceptions Due to the vast, globally distributed topology of the Bitcoin...
The Van Wirdum Sjorsnado: Bitcoin Core 0.21 Supports Tor V3
On this episode of The Van Wirdum Sjorsnado, Aaron and Sjors discuss one of the biggest releases in Bitcoin’s history: Bitcoin Core 0.21. Specifically, they dive into how this release will add support for Tor V3 addresses, an important development for preserving privacy, and explain what this means and why it matters. The pair also discuss how new Bitcoin nodes find existing Bitcoin nodes when they bootstrap to the network. Listen to the audio version here: Apple Podcasts: https:...
New Civil Liberties Alliance Challenges IRS Collection Of Private Crypto Investment Data
If you’re a bitcoin trader or investor, you’ve probably traded on multiple cryptocurrency exchanges and, for the most part, trusted that those exchanges are keeping your data secure from unlawful data collection just like a bank or credit card provider would. Unfortunately, that doesn’t seem to be the case. On July 15, 2020 (Tax Day this year), New Civil Liberties Alliance (NCLA) filed a lawsuit on behalf of James Harper against the IRS, challenging the agency’s unlawful col...
Taproot Merged Into Bitcoin Core
Taproot, the highly-anticipated protocol upgrade designed to add smart contract flexibility and more transactional privacy to Bitcoin, has officially merged into Bitcoin Core. The implementation now merged into Bitcoin’s code includes the Schnorr and Taproot consensus rules proposed in BIPs 340, 341 and 342, authored by Core contributors Pieter Wuille, Jonas Nick, Anthony Towns and Tim Ruffing. Schnorr signatures are a cryptographic innovation that has long been on top of many Bitcoin devel...
Despite Legal Turmoil, BitMEX Research Shows Us How Not To Use Brain Wallets
This article originally appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! BitMEX has been dominating the cryptocurrency news cycle lately, for reasons that it would rather avoid. On October 1, the U.S. Commodity Futures Trading Commission (CFTC) charged the exchange with facilitating unregistered trading, and the District of New York filed criminal actions against its founders, Arthur Hayes, Ben Delo and Sa...
Lies, Deception And Unnatural Money
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning”– Henry Ford The continued functioning of the financial system you have lived under for your entire life is dependent on the average person not understanding exactly how it works, and there are many reasons for this. As you read deeper and deeper into this article, I hope that you will realize how deceiving our mon...
As Bitcoin Mining Becomes More Competitive, Will Pools Ensure Decentralization?
Bitcoin’s underlying computer network is the largest, most sophisticated computerized system in the world with working units in almost every part of the globe, from China to Kazakhstan to Venezuela to the U.S. And with recent all-time highs in hash rate and difficulty level, the Bitcoin mining industry is more competitive than ever. Meanwhile, there are questions about whether efforts toward its decentralization are enough to combat China’s dominance in the sector. An important e...
Crypto For Congress Puts “American-Made” Bitcoin Into The Hands Of Policymakers
This week, the Chamber of Digital Commerce PAC sent all 535 members of the United States Congress about 0.0047 BTC ($50 worth at the time), in an effort to educate the country’s legislators around cryptocurrency and blockchain technology that it calls Crypto For Congress. Leveraging Federal Election Commission rules that allow for cryptocurrency-based campaign contributions and its own Political Action Committee to make the BTC donations, the Chamber of Digital Commerce ultimately hopes to ...
Sats-Earning Platform Carrot Wants To Reward The World In Bitcoin
Of its many potential applications, bitcoin as a medium for rewarding microtasks is one of its most exciting. This implementation takes advantage of the technology’s natively digital qualities, its relative freedom from borders and its high divisibility. Now, with its public beta phase announced today, the sats-earning platform Carrot wants to realize this potential on a new scale. Carrot is a platform designed for people to earn bitcoin rewards for supporting the projects and bran...
Why Bitcoin Dollar Cost Averaging (BTCDCA) Is The Next Big Thing
Many of you reading this might be able to relate to an all too common scenario. You discovered Bitcoin some time ago, started to inform yourself, fell down the rabbit hole, raised your level of curiosity and, with it, your knowledge about how Bitcoin is going to radically change the world — only to continually find yourself wondering: In light of all of this volatility, when is the best time to buy bitcoin? As a matter of fact, while Bitcoin, with its absolute digital scarcity, is a n...
Bitcoin Reddit Roundup – September 2020
Welcome to the September Edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This contains 44 links to most of the best quality content that was uploaded to Reddit for this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other ones as well such as r/BitcoinMining. In this roundup, there are 10 different categories each link falls under, and the categories are: Privacy, Adoption, Development, Security, Mining, Business, Education, Regulation &a...
The Great Plague Of Shitcoinery
And the inescapable ravage of modern seigniorage… Source Originally, seigniorage, also spelled “seigneurage,” came from the Old French language, stemming from the right of the lord (seigneur) to mint money — profiting tremendously from money creation. It was a bygone prerogative of lords and the crown to extract a fee, the “brassage,” from the bullion brought to the mint to be coined or to be exchanged for coins that would be used for commerce. Individuals could bring their...
Political Prosecution Of Julian Assange Calls For Nonviolent Cryptographic Defense
On October 1, 2020, WikiLeaks Founder Julian Assange’s extradition hearing at the Old Bailey in London came to an end. What unfolded during 18 days of hearings was a Kafkaesque show-trial of a free press, where Assange was placed behind a glass case, unable to have access to his lawyers. This is a war against journalism, and an empire’s assaults on the rights to the self-determination of people around the world. For so long, narratives of our society have been controlled by those in power...
Video: Fed Watch — Economic Crisis Analysis With Lyn Alden
On the latest episode of Bitcoin Magazine’s Fed Watch podcast series, the hosts are joined by one of the great macro pundits of the last few years, Lyn Alden. Alden has a fantastic grasp on the history of macro economics. In this interview, the groups focused on placing our current time into historical context, comparing it to previous cycles and economic crises so that we might take some lessons away. The show also continued its search for a definition of money today, and a deeper...
The Long and Winding Story of Silk Road, Bitcoin’s Earliest Major Application
This article originally appeared in Bitcoin Magazine‘s 10th anniversary print edition. Silk Road, the online marketplace named for the historic network of trade routes established during the Han Dynasty, went live in February 2011. Its domain was accessible only on the so-called “dark web” via the encrypted and anonymous network software Tor. This eBay for the internet’s underworld was the first of its kind: a clandestine marketplace for the buying and selling of (mostly) illicit ...
As A Privacy Pioneer, Edward Snowden Left A Trail For Bitcoin
This article originally appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! “Do not go where the path may lead. Go instead where there is no path and leave a trail.” — Ralph Waldo Emerson The key feature of Bitcoin is that it is free from control by any single entity or third-party authority. I think that one of its most important qualities is the fact that it was introduced and originally fostered by...
Four Lies About The Bitcoin Circular Economy
A Bitcoin circular economy is a closed-loop system that designs out all of the corruption and headache of dealing with central bank-issued money. As savings technology is still the largely dominant story for Bitcoin, it’s helpful to take a closer look at a few lies about a topic that’s growing in popularity: the Bitcoin circular economy. A Bitcoin circular economy requires ways to earn, save and spend bitcoin. Oftentimes, when anyone is making progress on talking about earning or spending...
Hackers Congress Paralelní Polis Is Ready to Deliver Fifty-Eight Hours Of Freedom Content
To crypto anarchists, Bitcoin is seen as one of the most important tools to help promote self sovereignty and liberation. Yes, there’s fantastic technology involved and “number go up” is fantastic, but the freedom that Bitcoin gives HODLers is the primary benefit. This weekend, the seventh annual Hackers Congress Paralelní Polis will be convening in Prague, along with a massive, 58-hour long live stream. We sent over a few questions to the conference’s team to help ma...
CoinFlip Launches Bitcoin-Enabled Gift Card Marketplace
This is a promoted article provided by CoinFlip. Despite the progress that Bitcoin has made since its inception in filling the cavernous gaps in the financial system and providing relief to the world’s underbanked, there are some areas where more growth is still desperately needed. But now, with a new service in addition to its legacy offerings, CoinFlip is addressing those areas of need on two fronts. CoinFlip already operated some 950 Bitcoin ATMs across the country, offering one of...
Our Hero Hal: Fundraising For A Bitcoin Visionary
Hal Finney is remembered as one of the early pioneers of Bitcoin, a peer-to-peer electronic cash system, and an advocate for widespread use of cryptography to help enhance people’s privacy. Finney was one of the biggest defenders and supporters of Bitcoin from its earliest days. He rose to the defense of the still incubating technology against fellow cryptologists who were convinced it would never work. Finney held the distinction of getting the first bitcoin ever transferre...
FinCEN Files Remind Us That Bitcoin Is Still Not For Money Laundering
This article originally appeared in our Down The Rabbit Hole newsletter. If you want our news and analysis straight to your inbox, make sure you subscribe now! This week, a released cache of thousands of reports from major banks showed that these institutions ignored their own concerns and willingly moved trillions of dollars around the world on behalf of suspected terrorists, criminals and corrupt governments. Known as the “FinCEN Files” because the banks’ reports were filed wi...
The Sun Never Sets On Bitcoin Mining: Decentralization Continues As China Flounders
Bitcoin miners have successfully survived the 2020 Halving and COVID-19, and the network is now seeing some of its highest hash rates ever as these operations power up new equipment and reach new levels of decentralization going into the second decade of bitcoin mining. Bitcoin Mining Is Decentralizing China still dominates the bitcoin mining space, although the percentage of the hash rate coming from the country has dropped recently, from around 65 percent in early 2020 to about 50 percen...
Unchained Capital Unveils New Ways For Businesses To Custody BTC
Unchained Capital, an Austin-based financial services firm, has announced its new enterprise-grade self-custody offering, aptly named “Business Accounts for Bitcoin.” The underlying principle of this new offering is “collaborative custody,” for which Unchained’s goal is to focus on simple workflows for funds, businesses and B2B2C providers to manage private keys. Common alternative solutions for managing multiple private keys might be splitting up the keys into multiple pieces and u...
DLCs Are On Bitcoin, Bringing New Functionality And Major Potential
Bitcoin has been critiqued by those in the altcoin community for the past few years over its inability to host smart contracts. But recent work from developers at Suredbits, Crypto Garage and Atomic Loans — along with efforts from some independent contributors — on Discreet Log Contracts (DLCs) is bringing smart contracting to Bitcoin and will quell some of these critics. DLCs are uniquely positioned to bring smart contracting to Bitcoin using oracle contracts that are much more private and ...
Community-Funded Bitcoin Awareness Campaign Unveiled in Hong Kong
Since 2012, the Bitcoin Association of Hong Kong has been one of the strongest local communities focused on Bitcoin, boasting a current membership of over 5,000 people. During the month of September, the organization will be using donations to buy advertising space that feature informative statements highlighting “the risks and merits of Bitcoin”. “The goal is mainly to kickstart a conversation around the merits of Bitcoin, especially in the context of the ongoing economic challen...
Square Launches Cryptocurrency Open Patent Alliance To Protect Innovation
Today, mobile payments company Square launched the Cryptocurrency Open Patent Alliance (COPA), a non-profit focused on keeping patents from becoming barriers to innovation in the space. “Crypto organizations (or even governments) have filed for hundreds of patents on cryptocurrency technology and continue to do so in large numbers,” a Square representative explained in a statement shared with Bitcoin Magazine. “Locking up foundational cryptocurrency technologies in patents stifles innov...
Bitcoin Reddit Roundup – August 2020
Welcome to the 3rd edition of Reddit Roundup by Nik and Flip of Bitcoin Magazine! This contains 40 links to most of the best quality content that was uploaded to Reddit for this month. Most links come from the popular r/bitcoin, but we also retrieved posts from other ones as well such as r/BitcoinMining. In this roundup, there are 10 different categories each link falls under, and the categories are: Privacy, Adoption, Development, Security, Mining, Business, Education, Regulation & Po...
The Top 5 Products That Every Bitcoiner Needs
In 2012, Bitcoin Black Friday was launched as a way for Bitcoiners to hack the mainstream consumerism holiday and promote their favorite technology as a killer tool for payments and encourage merchant adoption. Thousands of merchants have participated by offering discounts for customers who pay in BTC, but the celebration fizzled in 2017 as the Bitcoin community became embroiled in debates over block size and Bitcoin for payments became conflated with arguments over scaling. But this year, Bi...
With TVL At New Record, The Lightning Network’s Time Has Come
This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! This week, the Lightning Network set a new record for the dollar value held in its payment channels at $12.6 million, according to data shared by Bitcoin Visuals. This metric is also known as the total value locked (TVL) in Bitcoin’s second layer payments solution and demonstrates the amount of money that users have moved into the channels, w...
Invictus Capital Introduces Bitcoin Alpha Fund With Downside Protection For Investors
This is a promoted article provided by Invictus Capital. Invictus Capital, a leading blockchain asset management platform, has announced the latest upcoming fund in its offerings set which gives investors exposure to BTC while offering additional yield as well as downside risk protection. The Invictus Bitcoin Alpha Fund (IBA) is designed to outperform BTC by leveraging options and lending strategies that seek to give long-term BTC investors enhanced returns. The fund will maintain full BTC...
The Genesis Files: How Hal Finney’s Quest For Digital Cash Led To RPOW (And More)
Once described by PGP creator Phil Zimmerman as “the Mister Rogers of cryptography,” Hal Finney (1956) was known for his relentlessly uplifting spirit. He carried a positive perspective on life with him even when amyotrophic lateral sclerosis (ALS) paralyzed his entire body, until the Bitcoin pioneer ultimately passed away from the disease on August 28, 2014. In the 1980s, as a graduate from the California Institute of Technology working in the startup computer game industry, Finney’s o...
A Monetary Layer For The Internet
ARPANET’s First Mark Into Networked Computing Created in February 1958, the Advanced Research Projects Agency (ARPA) was a response to the Soviet launch of Sputnik 1, the first artificial Earth satellite, to research and develop projects in technology and science beyond direct U.S. military applications. Bob Taylor, an ARPA computer scientist, convinced a colleague to support a research project using funding from a ballistic missile defense program. Following three years of research, the...
Do The IRS Crypto Tax Letters Violate Taxpayer Rights?
This article originally appeared in our Weekly Bits newsletter. If you want our news and analysis before anyone else, make sure you subscribe now! Earlier this week, crypto tax preparation service CoinTracker shared news that its users were receiving letters from the Internal Revenue Service warning them that they may have misreported their crypto transactions to the agency. The post included comments from r/Bitcoin indicating that crypto holders were receiving IRS Letters 6173, 6174 and ...
Mathew D’Souza, Bitcoin Pioneer, Dies At 29
Mathew D’Souza, the founder and CEO of Blockware Solutions and Blockware Mining and the manager of the Blockchain Opportunity Fund, died on August 21, 2020 after a seven-year battle with leukemia. He was 29 years old. D’Souza’s passing was announced by Blockware Solutions, a service provider for the Bitcoin mining industry and one of the largest distributors of mining rigs in the U.S., which he founded in 2017. The Blockchain Opportunity Fund, which he also founded in 2017, serves inves...
On September 19, Bear Arms N’ Bitcoin Will Host Full Stack Freedom
Although it represents a revolutionary step in individuals’ ability to gain financial freedom, Bitcoin in and of itself is not enough to achieve complete sovereignty from third parties or central governments. As many adopters of the technology know, Bitcoin is not private or anonymous. For many, basic pseudonymity (as well as Bitcoin’s other advantages) is enough. But for some, Bitcoin is merely a tool in the privacy toolbox — something that helps achieve the freedom they seek as part o...
[wp-rss-aggregator thumbnails=’yes’ limit="100″]
