Casey

Blog Info Bitcoin Magazine
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Stats Has written 27 posts about cryptocurrency

Apr 06 2021

BitMEX’s Arthur Hayes Surrenders To Authorities

Apr 06 2021 Published at Bitcoin Magazine under tags  arthur hayes bitmex courts culture law

The former CEO of BitMEX has appeared in court in Honolulu and is out on $10 million bond, according to reports.The former chief executive officer of BitMEX cryptocurrency exchange, Arthur Hayes, has turned himself in. According to a Bloomberg report, although Hayes currently...

Apr 05 2021

Today, Bitcoin’s Satoshi Nakamoto Turns 46

Apr 05 2021 Published at Bitcoin Magazine under tags  culture satoshi satoshi nakamoto

An online profile for the pseudonymous creator of Bitcoin, Satoshi Nakamoto, includes an auspicious birthday of April 5, 1975.Eighty-eight years ago today, the United States Federal government issued Executive Order 6102, making citizen’s private ownership of gold illegal. This egregious overstep of government-mandated monetary policy is, coincidentally, the chosen date of Satoshi Nakamoto’s birthday, according to...

Microsoft ION's Daniel Buchner Wants To Decentralize Our Identities With Bitcoin

Apr 05 2021 Published at Bitcoin Magazine under tags  culture identification ion microsoft

The project is intended to decentralize identity, much like Bitcoin decentralized money.Microsoft recently announced that their ION v1 Decentralized Identity (DID) Layer 2 solution is now active on the Bitcoin mainnet. The DID technology enables identification of entities without relying on a...

Apr 02 2021

Bitcoin: The Aperture Of Money

Apr 02 2021 Published at Bitcoin Magazine under tags  culture energy ideas

Bitcoin concentrates monetary energy upon a single focus point, much like apertures focus light energy.Our perception of money is expanding. The way humans think about money, understand it, discuss it and interact with it is changing. As an inverse to previous regressions in freedom like the transition from the gold standard to the fiat standard, we now progress to the inevitably more...

Mar 29 2021

“Probably The Largest KYC Data Leak In History” Demonstrates The Importance Of Bitcoin Privacy

Mar 29 2021 Published at Bitcoin Magazine under tags  business hack kyc privacy

The alleged hack has left millions of users’ personal data — including passwords and addresses — available for 1.5 BTC on the dark web.As much as 8.2 terabytes of personal information data has allegedly leaked from users of India-based MobiKwik mobile payment’s wallet application and onto the dark web, according to a report from...

Mar 25 2021

Fidelity Joins Rush For Bitcoin ETFs With New Filing

Mar 25 2021 Published at Bitcoin Magazine under tags  bitcoin etf business fidelity

Fidelity has joined the wave of financial firms filing for regulatory approval to offer a bitcoin exchange-traded fund in the U.S.Fidelity is the latest financial institution to file for regulatory approval to offer a bitcoin exchange-traded fund, or ETF, with the U.S. Securities and Exchange Commission (SEC). This...

Microsoft Announces Completion Of ION V1 And Launch On Bitcoin Mainnet

Microsoft has launched its open-source, Layer 2 decentralized identification solution ION on top of Bitcoin mainnet.Microsoft has announced the completion of ION v1, a Decentralized Identifier (DID) technology, according to a press release sent to Bitcoin Magazine. The technology enables the...

Mar 24 2021

FTX Exchange In Talks To Sponsor Miami’s NBA Stadium

Mar 24 2021 Published at Bitcoin Magazine under tags  business ftx miami nba

As Miami seeks to position itself as the world’s Bitcoin hub, a cryptocurrency exchange is reportedly ready to sponsor its NBA stadium.The City of Miami is reportedly in the process of finalizing a deal with the FTX cryptocurrency exchange to sponsor the currently named AmericanAirlines Arena, home of the Miami Heat NBA...

Goldman Sachs Files For An ETF Capable Of Investing In Bitcoin

Mar 24 2021 Published at Bitcoin Magazine under tags  business etf goldman sachs

Financial institution Goldman Sachs has filed details with the SEC regarding an ETF that would “have exposure to … bitcoin.”Goldman Sachs has filed details with the U.S. Securities Exchange And Commission (SEC) regarding an exchange- traded fund (ETF) capable of investing in bitcoin.“The ETF is an...

Goldman Sachs To Offer A Note Tied To An ETF Capable Of Investing In Bitcoin

Mar 24 2021 Published at Bitcoin Magazine under tags  business etf goldman sachs

Financial institution Goldman Sachs has filed a note with the SEC regarding an ETF that is tangential to bitcoin.This article was updated to clear up inaccuracies. Goldman Sachs has filed a note with the U.S. Securities Exchange And Commission (SEC) regarding the ARK Innovation ETF, an...

Mar 23 2021

Hut 8 Joins Foundry USA Bitcoin Mining Pool

As one of North America’s largest institutional bitcoin mining operations, Hut 8 is bringing 14,400 mining rigs to the U.S.-based pool.Hut 8 Mining Corp., one of North America’s largest institutional bitcoin miners, announced today that it will be joining the Foundry USA Pool, becoming the largest bitcoin mining operation to do so.“Hut 8 has added a portion of its total fleet;...

Breez Lightning Client Integrates Native Podcasting Network

The Breez Lightning Network client now includes a native podcasting network, allowing content creators to become self sufficient.The Breez Lightning client now includes a native podcasting network — a major step toward bringing the decentralized economy to podcast creators. As consumers...

Mar 22 2021

FATF Recommends Heightened Restrictions On Virtual Assets And Service Providers

Mar 22 2021 Published at Bitcoin Magazine under tags  aml business fatf kyc regulation

In its updated guidance on virtual assets and virtual asset service providers, the FATF recommends requiring more strict KYC/AML measures.The Financial Action Task Force (FATF) has updated its “Guidance for a risk-based approach to virtual assets...

Bitcoin Miner Greenidge Generation To Go Public Through Merger With Support.com

Greenidge expects the merger to make it the first self-sufficient power generating bitcoin mining operation to the stock market.Greenidge Generation Holdings Inc, parent company of Greenidge Generation LLC, a vertically- integrated bitcoin mining operation,...

Mar 19 2021

Coldcard Version 4.0.0 Released For Improved Bitcoin Security

Coinkite, maker of bitcoin hardware wallet Coldcard, has released version 4.0.0 of the flagship product’s firmware.Coinkite has released version 4.0.0 of its Coldcard hardware wallet product, a significant update focused on enhancing the security functions within the wallet.Coinkite is a bitcoin-only, privacy- and security-focused hardware...

Mar 18 2021

Since Launch, Bottlepay Has Facilitated $2.3 Million In Lightning Transactions

Bottlepay, an application facilitating Lightning Network transactions via social media, has found an appetite for seamless use of bitcoin.Bottlepay, the U.K.-based application that allows users to transact bitcoin via the Lightning Network on social media, has seen notable volume since its launch last month. The app has facilitated transactions worth more that 1.7 million pounds ($2.3 million), according to a...

Mar 15 2021

India Set To Propose Bitcoin Ban

Mar 15 2021 Published at Bitcoin Magazine under tags  ban business india regulation

An Indian official has reportedly confirmed that the country’s government will propose a ban on holding or using cryptocurrency.A senior Indian government official has informed Reuters that the nation of India is set to propose a law banning...

Mar 12 2021

CFTC Investigates Binance Over Concerns That U.S. Traders Illegally Utilized Platform

The CFTC is investigating major cryptocurrency exchange Binance over concerns U.S. users bought and sold derivatives without approval.Binance Holdings Ltd. is being investigated by the Commodity Futures Trading Commission (CFTC) over concerns that United States citizens utilized trading services barred to them, according to a...

Mar 11 2021

Foundry Digital’s Bitcoin Mining Pool Is Welcoming Institutional Clients

Foundry Digital announced that Blockap is mining bitcoin in its pool as it opens its doors to other interested institutional participants.Foundry Digital, a subsidiary of Digital Currency Group, announced today that it is seeking institutional businesses that want to participate in bitcoin mining to participate in its Foundry USA Pool, according to a press release sent to Bitcoin Magazine. The...

Mar 10 2021

Digital Currency Group To Invest $250 Million In Grayscale Bitcoin Trust

Digital Currency Group, the parent of Grayscale Bitcoin Trust’s manager, plans to invest $250 million to gain indirect exposure to bitcoin.Today, Digital Currency Group (DCG) announced an authorization to purchase $250 million worth of shares in...

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