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Bitcoin News
BitcoinNewsCom@primal.net
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Daily News on Bitcoin and Lightning. #BitcoinNews
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BitcoinNews 2 months ago
TORONTO POLICE SEIZE “SMS BLASTERS” IN FIRST-OF-ITS-KIND CYBERCRIME CASE Toronto Police have arrested three men and seized multiple “SMS blasters,” a cybercrime tool never before seen in Canada. Authorities say the devices mimic legitimate cell towers, tricking nearby phones into connecting. Once connected, victims receive fraudulent text messages posing as trusted organizations, a tactic known as “smishing,” designed to steal personal data. Police believe tens of thousands of devices connected to the blasters over several months, with more than 13 million network disruptions recorded. These disruptions temporarily blocked phones from accessing legitimate networks, raising concerns about interference with emergency services. Investigators say the devices were mobile and operated out of vehicles, allowing suspects to target multiple locations across the city. Three individuals, Dafeng Lin (27), Junmin Shi (25), and Weitong Hu (21), face a combined 44 charges, including fraud, personation, unauthorized access to computer systems, and mischief endangering life. image
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BitcoinNews 2 months ago
NEW: Pantera Capital is urging 🇬🇧 London-listed Satsuma Technology to sell its remaining Bitcoin and return cash to shareholders after its stock collapsed about 99%. The firm still holds roughly 646 BTC (~$50M), but its market value has fallen below its crypto holdings. image
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BitcoinNews 2 months ago
NEW: Riot Platforms sends 500 Bitcoin ($38.95M) to NYDIG. image
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BitcoinNews 2 months ago
LARGEST QUANTUM ATTACK ON ELLIPTIC CURVE CRYPTOGRAPHY TO DATE Project Eleven awarded its 1 BTC “Q-Day Prize” to Giancarlo Lelli for breaking a 15-bit elliptic curve key on a public quantum computer, the largest real-world demonstration yet of an attack class that could threaten ECC-based systems. The attack used a variant of Shor’s algorithm to solve the elliptic curve discrete logarithm problem, the cryptographic foundation behind Bitcoin. This builds on a 6-bit quantum break in 2025 and represents a 512x increase in complexity. While still far from Bitcoin’s 256-bit security, researchers say the gap is increasingly an engineering challenge, not a theoretical one. Estimates for breaking full-scale keys have dropped sharply, with recent studies suggesting it could require as few as 10,000 to 500,000 qubits. Roughly 6.9M BTC sit in wallets with exposed public keys, making them theoretically vulnerable if quantum capabilities scale. Experts stress this does not pose an immediate threat to Bitcoin today, but underscores growing urgency around post-quantum cryptography. image
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BitcoinNews 2 months ago
This is the most Bitcoin has diverged from global money supply on record. The SnapBack could be legendary. Are we witnessing the beginning of this move? image
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BitcoinNews 2 months ago
FOLD LAUNCHES BITCOIN BONUS PROGRAM FOR EMPLOYERS Fold unveils a new Bitcoin Bonus Program, allowing companies to pay employee bonuses in BTC with built-in vesting, without changing payroll systems or handling custody. The launch marks the debut of Fold Business, a B2B platform bringing bitcoin-native financial tools to employers. Early adopters include Steak ’n Shake (10,000+ employees) and Simple Mining, using BTC bonuses as a retention and incentive tool. image
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BitcoinNews 2 months ago
Inventor of Proof Of Print just unveiled a filament dryer that literally mines Bitcoin while keeping your prints clean. The prototype delivers 6 TH/s at 140W, repurposing ASIC waste heat to dry filament during the printing process. It follows his earlier Bitcoin-mining 3D printer, expanding a growing lineup of hobbyist-friendly dual-use mining gear. Filament dryers are essential for serious 3D printing. They maintain controlled temperatures to prevent moisture buildup, which can cause popping, stringing, bubbling, weak layer adhesion, and poor surface finish. This design turns that necessity into a feature: instead of wasting energy, the heat generated from mining is used productively, effectively letting users stack sats while improving print quality. image
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BitcoinNews 2 months ago
KRAKEN FILES 56M CRYPTO TAX FORMS FOR 2025 74% of transactions were under $50, with 18.5M under $1. Only 8.5% exceeded $600. Kraken is pushing for an inflation-adjusted de minimis exemption and flexible staking tax rules to reduce the compliance burden. image
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BitcoinNews 2 months ago
“They don’t understand how much of a done deal Bitcoin is.” BritishHodl joins to discuss: 🔸 How STRC takes MSTR to 1M+ BTC 🔸 Surviving Missile Attacks in 🇦🇪 Dubai 🔸 Stablecoins as 🇺🇸 America's New Weapon Full Episode: youtu.be/w4UgaiceQBs Fountain: https://fountain.fm/episode/kHONXEvudQk356T8roBF
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BitcoinNews 2 months ago
The Bitcoin MVRV Ratio has approached 1.3, suggesting investors remain profitable. image
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BitcoinNews 2 months ago
NEW: Capital B acquires 12 Bitcoin (€0.8M), bringing its total holdings to 2,937 BTC. image
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BitcoinNews 2 months ago
The number of active Bitcoin addresses continues to plunge, currently revisiting 2017 levels.
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BitcoinNews 2 months ago
NEW: STRC may be the start of a structural shift in how corporate finance operates, per Bitwise advisor Jeff Park. image
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BitcoinNews 2 months ago
Bitcoin ETFs just pulled in $996M in weekly net inflows, the strongest showing since mid-January and a clear reversal from March’s outflow-heavy environment. The move was driven by a late-week surge, including a $663.9M single-day inflow, as institutional capital rotated back into risk assets amid easing macro tensions and a weakening dollar. Total ETF assets have now surpassed $100B, signaling that institutional demand for Bitcoin exposure is re-accelerating after a choppy start to the year. image
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BitcoinNews 2 months ago
NEW: 🇫🇷 France is preparing new measures to counter a rise in crypto kidnappings, Interior Ministry delegate Jean-Didier Berger said at Paris Blockchain Week. The announcement follows a recent ransom abduction attempt in Burgundy and a countrywide surge in “wrench attacks.”
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BitcoinNews 2 months ago
NEW: 🇺🇦 Ukrainian authorities have arrested a cybercrime suspect in Uzhhorod tied to a $100 million international fraud network, after tracking financial irregularities despite attempts to evade capture by faking his death and assuming a false identity. image
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BitcoinNews 2 months ago
NEW: Representative Sheri Biggs discloses a purchase of up to $250,000 in Bitcoin exposure. The filing shows she bought shares of BlackRock’s iShares Bitcoin Trust (IBIT), adding BTC to her portfolio. This ranks among the largest Bitcoin-related purchases ever reported by a sitting member of Congress. image
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BitcoinNews 2 months ago
With national debt surpassing $39 trillion, many see the 🇺🇸 US as the king of money printer go BRRR. But since the Great Financial Crisis, China has been the true emperor of fiat expansion. image
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BitcoinNews 2 months ago
Same guy who said that if we didn’t give the banks $700 billion in 2008 it would lead to a financial collapse and martial law. image