Bitcoin News and Discussions | Bitcoin Magazine
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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 found guilty of money laundering by the Dutch court: he’s been sentenced to 64 months in prison. The fact...

Tue May 14, 2024 20:46
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? PrivateRoy Sheinfeld says the time for orange pilling is through.Sheinfeld, one of the three founders...

Tue May 14, 2024 19:28
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 nearly $100 million worth of BlackRock's spot Bitcoin ETF (IBIT).JUST IN: 🇺🇸 State of Wisconsin Investment...

Tue May 14, 2024 19:28
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. Unforgiving yet irresistible. Bitcoin was once such a frontier. The early days were rife with scams, “criminals”...

Tue May 14, 2024 16:43
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 criminals" and that Pertsev should have been suspicious of the criminal origins of transactions.The closely-watched...

Tue May 14, 2024 16:43
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 to safeguard critical assets near Francis E. Warren Air Force Base (Warren AFB) in Cheyenne, Wyoming.The...

Tue May 14, 2024 01:16

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