Quick take KYC, or ‘know your customer‘, is a common practice in the financial industry that requires companies to verify the identity of their customers before providing services. While the intention of KYC may be to prevent money laundering and other illicit activities, the practice has been shown to put users at risk as their … Read more
Bitcoin
Geyser Grants Round 5, Education in Bitcoin Communities, was focused on amplifying the reach and impact of these communities, by giving away 1 bitcoin and by shining a light on projects at different levels of development.
OpenSats has recently announced a series of grants dedicated to open-source projects rooted in the Nostr protocol.
This article was originally published by Austin Litman on Proofofwork.ca The movie The Big Short is based on a guy named Michael Burry, who runs a hedge fund called Scion Asset Management. Scion Asset Management owns 6 stocks right now. 2 are prison companies, 1 is a defence company, and 3 are media companies. Over 50% … Read more
The first-ever bitcoin film festival in the world is set to take place on March 24th to 26th, 2023 in Warsaw, Poland. The Bitcoin Film Fest promises to be an unforgettable experience that celebrates the intersection of bitcoin and film. With its unique venue, curated film selection, and exciting lineup of talks and workshops, this … Read more
In the 1990s and early 2000s, the Cypherpunks, a group of cryptographers, mathematicians, computer scientists and activists, many of whom had libertarian (or libertarian-esque) influences, worked to bring about a better world by peaceful means through mathematics and computer code.
Robert Kiyosaki, the author of the popular book “Rich Dad Poor Dad,” has offered his insights on the U.S. debt crisis and the extensive deliberations related to the debt ceiling in a recent tweet.
Two enthusiasts in the field of AI are now attempting to bring back the opportunity to engage in conversations with the renowned bitcoin creator.
The second edition of Plan B Forum, one of the most important bitcoin gatherings in Switzerland, is set to return to the picturesque city of Lugano on the last weekend of October.
Jimmy Zhong made headlines last year when he was arrested for stealing over 50,000 bitcoin from the Silk Road marketplace.
Major European exchange Bitpanda achieved a significant milestone by becoming one of the first foreign entities to secure a VASP license in Norway.
The Financial Crimes Enforcement Network (FinCEN) seeks to introduce strict policies on bitcoin mixers, citing money laundering and terrorist financing concerns.
California is taking decisive measures to tackle fraudulent activities targeting Bitcoin ATMs, which have scammed many individuals out of thousands of dollars.
During a speech at the Plan B Forum Jameson Lopp expressed skepticism regarding the widely held connection between Hal Finney and Satoshi Nakamoto.
Bitcoin made headlines on October 20, as it crossed the $30,000 mark by jumping 4%, just as Wall Street opened for the day.
In a recent interview with Bloomberg SEC Chair Gary Gensler confirmed the agency is currently reviewing several Bitcoin ETF applications.
Data analytics firm CryptoQuant projected that if the SEC approves the proposed Spot Bitcoin ETF, Bitcoin could evolve into a $900 billion asset.
Block has unveiled the first prototype for the bitcoin hashboard as a part of its Mining Development Kit (MDK) that was announced earlier this year.
Virginia’s State Senate overwhelmingly approved a legislative amendment request that now authorizes regular banks in Virginia to provide Bitcoin custody services. House Bill No. 263, submitted by Delegate Christopher T. Head in January 2022, introduced the amendment to allow qualifying institutions to offer Bitcoin custody services in the state of Virginia. “A bank may provide its customers … Read more
BNY Mellon has announced that its Bitcoin custody effort will first launch in the United States and will provide institutional customers with exposure to Bitcoin. Clients will be able to store Bitcoin (BTC) in BNY Mellon “crypto” wallets as part of the bank’s next initiative. Furthermore, the Fireblocks technology will be used to support these digital wallets and other … Read more
The unique mathematical properties of Bitcoin make it uniform from the first time it was used as a medium of exchange; it comes pre-marked, pre-stamped. Because it is standard in and of itself, Bitcoin became money on Bitcoin Pizza Day, when it was first used as a medium of exchange.
