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A news desk for bitcoiners by bitcoiners without ads, paywalls, or clickbait.
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No Bullshit Bitcoin 1 year ago
Operators of custodial bitcoin mixers Blender.io and Sinbad.io arrested and charged with money laundering “By allegedly operating these mixers, the defendants made it easier for state-sponsored hacking groups and other cybercriminals to profit from offenses that jeopardized both public safety and national security. The indictment and arrests announced today, which follow the earlier takedown of the defendants’ criminal infrastructure, yet again demonstrate the value of our international partnerships in countering the global threat from cybercrime.”
 
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No Bullshit Bitcoin 1 year ago
🇷🇺 Russia is liquidating 1,032 BTC confiscated in a corruption case The country's authorities have begun liquidating 1,032.1 BTC confiscated from Marat Tambiev, a former chief investigator for the Russian Investigative Committee, with Moscow initially selling nearly $10 million worth of BTC. Tambiev, a chief investigator in Moscow, was convicted of accepting a bitcoin bribe from the Infraud hacker group and aiding them in hiding $137 million in cryptocurrency. Source: https://atlas21.com/russia-set-to-sell-over-1000-confiscated-bitcoins-in-a-corruption-case/
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No Bullshit Bitcoin 1 year ago
Cypherpunk Nick Szabo joins Jan3 as Chief Scientist "As Chief Scientist, Nick Szabo will spearhead our research initiatives to advance JAN3's mission of Accelerating Hyperbitcoinization. Nick will explore Bitcoin's implications on topics ranging from monetary policy to international trade, and financial sovereignty," the company announced in a blog post.
JAN3
JAN3 Welcomes Nick Szabo as Chief Scientist | JAN3
We are very proud to announce the addition of Nick Szabo to the JAN3 team as we ramp up efforts to accelerate the global adoption of Bitcoin.
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No Bullshit Bitcoin 1 year ago
🇬🇧 UK judge dismisses $770M Bitcoin landfill hard drive case A UK judge has dismissed James Howells' legal case to recover a hard drive containing 8,000 BTC mined in 2009, currently valued at about $770 million, from a landfill. Howells accidentally discarded the hard drive in 2013 when Bitcoin was trading at only $13. The judge noted there was no realistic chance of success and upheld the council's claim that it owned the hard drive, ruling that Howells was not entitled to attempt its retrieval. Howells has speculated that the bitcoin on his hard drive could be worth £1 billion by next year and has vowed to take his case to the Supreme Court.
the Guardian
Judge halts attempt to retrieve £600m bitcoin wallet from Welsh dump
James Howells, 39, took council to court to try to force it to let him search site for hard drive thrown away by accident
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No Bullshit Bitcoin 1 year ago
Bhutan’s Gelephu Mindfulness City to Integrate Bitcoin, Other Digital Assets into Strategic Reserves Gelephu Mindfulness City (GMC), Bhutan's Special Administration Region, plans to adopt digital assets, including bitcoin, ether, and BNB, as part of its strategic reserves.
No Bullshit Bitcoin
Bhutan’s Gelephu Mindfulness City to Integrate Bitcoin, Other Digital Assets into Strategic Reserves
Gelephu Mindfulness City (GMC), Bhutan's Special Administration Region, plans to adopt digital assets, including bitcoin, ether, and BNB, as part o...
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No Bullshit Bitcoin 1 year ago
The U.S. government has received final approval from the Northern District Court of California to liquidate 69,370 BTC from federal seizure, ending a four-year legal battle tied to the Silk Road marketplace. Chief Judge Richard Seeborg denied a motion to block the forfeiture, allowing the DOJ to sell the assets valued at $6.5 billion, though immediate liquidation is not guaranteed due to administrative processes. https://storage.courtlistener.com/recap/gov.uscourts.cand.368440/gov.uscourts.cand.368440.173.0.pdf
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No Bullshit Bitcoin 1 year ago
🔋Canaan unveiled the Avalon Mini 3 at CES 2025 in Las Vegas. This device is a 37.5 TH/s Bitcoin miner that also functions as a home heater. The company also introduced the Avalon Nano 3S, an upgraded version of the well-received Avalon Nano 3, featuring a hashrate of 6 TH/s. This device is designed as an affordable, beginner-friendly Bitcoin mining option, complementing the Avalon Mini 3.
No Bullshit Bitcoin
Canaan Introduces Avalon Mini 3 & Nano 3S Bitcoin Home Miners and Heaters
Canaan announced the launch of the Avalon Mini 3 and Nano 3S at CES in Las Vegas, aiming to democratize Bitcoin mining and convert home heating sys...
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No Bullshit Bitcoin 1 year ago
Coinbase User Sentenced to Two Years for Bitcoin Tax Fraud to Surrender Access to $124 Million Bitcoin Fortune A Coinbase user sentenced to two years in prison for bitcoin tax fraud last month must surrender access to his $124 million bitcoin stash to secure $1 million in owed restitution, ruled a federal judge.
No Bullshit Bitcoin
Coinbase User Sentenced to Two Years for Bitcoin Tax Fraud to Surrender Access to $124 Million Bitcoin Fortune
A Coinbase user sentenced to two years in prison for bitcoin tax fraud last month must surrender access to his $124 million bitcoin stash to secure...
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No Bullshit Bitcoin 1 year ago
🇰🇷 South Korea’s financial regulator plans to gradually permit institutional investment in cryptocurrencies, according to local media reports. Under South Korea’s act on financial information use, only retail traders verified with their government names can trade cryptocurrencies. While there is no formal ban on institutional investors, Financial Services Commission (FSC) has advised banks to prevent institutions from opening accounts on exchanges, reports The Block. https://www.theblock.co/post/333554/south-korea-seeks-to-lift-ban-on-institutional-trading-of-cryptocurrencies-report
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No Bullshit Bitcoin 1 year ago
🌊 AnchorWatch Launches in the U.S. for Customers Holding Between $250K & $100M in Bitcoin "We’re thrilled to announce the Grand Opening of AnchorWatch and welcome you to safer bitcoin storage. For the first time ever, you now have access to truly insured custody - without giving up your keys."
No Bullshit Bitcoin
AnchorWatch Launches in the U.S. for Customers Holding Between $250K & $100M in Bitcoin
AnchorWatch is a pioneering insurance provider specializing in collaborative bitcoin custody. It combines the advanced security features of Trident...
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No Bullshit Bitcoin 1 year ago
FDIC releases unredacted letters urging banks to avoid Bitcoin activities Coinbase's Chief Legal Officer, Paul Grewal, shared unredacted versions of documents related to Operation Chokepoint 2.0, obtained through a court-ordered Freedom of Information Act request. The letters reveal that the FDIC repeatedly urged banks to suspend Bitcoin and crypto-related services and activities pending further regulatory reviews. https://www.fdic.gov/foia/history-associates-inc-v-fdic-fdics-redacted-pause-letters-january-3-2025
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