The report’s authors have stated emphatically that crypto is a valuable asset to law-abiding society. Crypto: An Asset for Crime? Crypto Information Sharing and Analysis Center (ISAC), a nonprofit that focuses on crypto asset ecosystem security, released a report on crime in the space. Specifically, despite the industry’s early reputation …
bitcoin transactions
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Former Chinese Finance Minister Calls for Closer Study of Cryptocurrency
by Wayne Jonesby Wayne JonesAt the 2024 Tsinghua PBC Chief Economist Forum, former Chinese Vice Minister of Finance Zhu Guangyao urged China to re-evaluate its approach to the crypto industry. He cited the evolving international stance on digital currencies, particularly in the United States, where the asset class has gained political support from key …
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Zero-knowledge rollup Citrea has deployed its BitVM bridge on the Bitcoin testnet. Clementine harnesses BitVM, a computing paradigm designed to allow Ethereum-style smart contracts on Bitcoin and which could also pave the way for zero-knowledge computations. Bitcoin zero-knowledge rollup Citrea has deployed its BitVM-based bridge Clementine to the Bitcoin testnet. …
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Trump Becomes First President to Use Bitcoin Publicly, Buys Burgers for Fans
by Vijay Girby Vijay GirFormer President Donald Trump made an unexpected stop at Pubkey Bar ahead of his Long Island rally, a few hours ago, to buy Burgers for his fans. Pubkey is a bitcoin themed bar in Greenwich Village, New York. It became a witness of a unique moment when Trump paid for …
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Over the past year, Bitcoin has evolved at an unprecedented pace. A so-called “Bitcoin Renaissance” has ushered in NFTs, token standards, staking, and dozens of new scaling solutions and “Layer 2s” built upon the oldest, most popular blockchain. In fact, while Bitcoin’s recent price action has been volatile, developers say …
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Top crypto exchange Kraken has removed the Lightning Network feature for customers in Germany, citing “technical changes.” Earlier on Friday, crypto news publication Protos reported that a support agent at Kraken had attributed the removal to “regulatory issues.” But a spokesperson for the San Francisco-based company told Decrypt that Kraken Support …
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The Runes protocol has hit a major milestone, surpassing 50 million inscriptions less than five months after its launch on the Bitcoin network. According to a tweet by the market intelligence platform IntoTheBlock, the milestone indicates continued usage despite the initial hype fading. Runes Exceed 50M Minted Tokens Runes is …
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Tron founder Justin Sun – described on a recent podcast episode as “shameless” but “very shrewd” and “one of the smartest on-chain users, period” – is in the headlines this week, and not just because of the new self-referentially named memecoin launchpad, SunPump. His move to take a role alongside …
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Bitcoin Fog founder argues 30-year sentence ‘vastly exceeds’ similar cases
by Assad Jafriby Assad JafriRoman Sterlingov, the man behind the crypto mixer Bitcoin Fog, is contesting a potential 30-year prison sentence following his conviction on several money laundering charges. In a 37-page sentencing memorandum submitted to the US District Court for the District of Columbia, Sterlingov’s defense team contends that the recommended sentences of …
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New “BitVM2” paper from Robin Linus and a team of co-authors marks a leap forward from the initial design. Project would rely on advanced cryptography and a novel design to facilitate a secure “bridge” for transferring bitcoins from the main network to auxiliary networks known as “rollups.” Unlike the earlier …