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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 1 month ago
NEW: 🇨🇴 President of Colombia, Gustavo Petro, warns that Bitcoin mining powered by fossil fuels could accelerate climate collapse, but says regions with abundant clean energy like Venezuela and Paraguay are attracting investment. He points to Colombia’s Caribbean coast as a potential hub, calling it “an immense boost to the development of the Caribbean,” and urges dialogue with the Wayúu community so they can become co-owners of future mining projects. Petro has made climate policy central to his agenda, pushing for a transition away from fossil fuels toward renewable energy image
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BitcoinNews 1 month ago
KRAKEN ACCUSES FORMER CUSTODY PARTNER OF $25M MISAPPROPRIATION Payward, parent of Kraken, alleges Etana Custody and CEO Dion Russell ran a “Ponzi-like” scheme, commingling client funds and using new deposits to cover shortfalls. Claims $25M withdrawal was stalled due to missing funds. image
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BitcoinNews 1 month ago
Trump publishes meme of Powell being thrown in a dumpster 👀 image
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BitcoinNews 1 month ago
DECENTRALIZED P2P BITCOIN EXCHANGE BISQ REPORTS AI-ASSISTED PROTOCOL EXPLOIT Bisq reports ~11 BTC stolen in a targeted exploit affecting altcoin trades. Estimate remains preliminary based on user reports and data analysis. The attacker used a 0.001 BTC multisig output paired with a 10,000 sat fee, creating a clear transaction fingerprint. The root cause was a missing validation that allowed the taker to submit a negative miner fee. This reduced the multisig output while redirecting remaining funds to the attacker’s change address. Developers say it may have been AI-assisted, but this is not confirmed, as the investigation is ongoing. image
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BitcoinNews 1 month ago
UNIVERSITY OF GOMA ACCEPTS BITCOIN The University of Goma in eastern Congo is now accepting payments in Bitcoin, becoming the first university in Africa to do so. The move comes as Goma has been under M23 occupation for over a year, with banks shut down. Bitcoin is being used for real transactions when the traditional system is unavailable. image
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BitcoinNews 1 month ago
NEW: MARA Holdings has agreed to buy Ohio gas plant operator Long Ridge Energy & Power from FTAI Infrastructure for $1.5 billion, including about $785 million in debt, further shifting its focus away from bitcoin mining. ⛏️ ⚡️ image
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BitcoinNews 1 month ago
Over 800,000 merchants across America are now accepting Bitcoin payments thanks to @jack & Square. At IQ Coffee in Jersey City, 3 to 4 customers are already paying in BTC every single day.
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BitcoinNews 1 month ago
QUANTUM THREAT SPARKS NEW BITCOIN DEFENSE PLAN A powerful enough quantum computer could theoretically steal hundreds of billions in Bitcoin. The dilemma is that sunsetting spending from addresses with exposed public keys could force dormant holders, including Satoshi Nakamoto, to either move their funds or risk losing access. However, Dan Robinson has proposed a way around that. Provable Address-Control Timestamps (PACTs) would let holders privately prove control of their keys using zero-knowledge proofs, without moving coins. Holders would only need to timestamp knowledge of their keys before a quantum break, silently and efficiently. A future upgrade could then allow a recovery path by verifying one of these timestamps. This could preserve both security and privacy, buying time before any controversial protocol decision. image
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BitcoinNews 1 month ago
Bitcoin ETFs drew $1.97 billion in inflows in April, the highest monthly flow this year. image
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BitcoinNews 1 month ago
Bitcoin closes April up 12%, slightly below historical average. image
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BitcoinNews 2 months ago
NEW: A federal court sentenced a woman to 71 months in prison for a series of Bitcoin investment frauds targeting elderly people across multiple states. image
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BitcoinNews 2 months ago
NEW: Bitcoin to $100K by EOY, per 21shares CIO Adrian Fritz. image
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BitcoinNews 2 months ago
"The Fiat system is spiritually demonic. It feeds on stealing people's savings." Jay Dyer on: 🔸 Why BTC is spiritually correct money 🔸 The Brave New World technocracy already here 🔸 Epstein's role in the global power structure YouTube: youtu.be/SrqPJF2Oo44 Fountain: https://fountain.fm/episode/ICcYdWGMRq2qD2Wd0KOn
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BitcoinNews 2 months ago
NEW: Lightspark becomes a principal member of the Visa network, launching its Grid global account: - Instantly move dollars to pesos - Access payments across 65 countries - Convert to USDC or USDT - Buy/sell Bitcoin natively - One address for dollars + BTC image
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BitcoinNews 2 months ago
NEW: Fintech Aven introduces its Aven Bitcoin Visa Card, providing access to credit lines of up to $1.0M using Bitcoin as collateral. The card introduces loans with fixed rates and terms of up to 10 years, with an APR of 7.99%. image
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BitcoinNews 2 months ago
Chart from FrankAFetter shows that bears are currently paying historically high fees to short Bitcoin. image
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BitcoinNews 2 months ago
NEW BITCOIN FORK PROPOSED SET FOR AUGUST LAUNCH - EXERCISE CAUTION IF YOU PLAN TO DUMP THE AIRDROP A new Bitcoin hard fork dubbed “eCash” is being developed by Paul Sztorc, with a planned release this August, introducing controversial changes and potential user risks. Holders would receive a 1:1 split of their BTC on the new chain. For example, 4.19 BTC would result in 4.19 eCash. Users can choose to sell, hold, or ignore the forked coins. The project plans to initially replay transactions across both chains, though a coin-splitting tool is expected to be released to separate assets. One of the most contentious elements is the proposed reassignment of a portion of Satoshi Nakamoto’s estimated 1.1M BTC (Patoshi coins) as a premine for investors on the new chain. Sztorc argues this approach avoids a “zombie fork” by enabling early participation and funding, claiming a pure fork would limit coordination and increase the risk of developer capture. ⚠️ Users are urged to exercise extreme caution. Transaction replay means activity on one chain could unintentionally affect funds on the other if coins are not properly split. Sztorc clarified that replay risk would primarily flow from BTC to eCash, not the reverse. However, splitting coins may require exposing private keys, introducing additional security risks. image
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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