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A news desk for bitcoiners by bitcoiners without ads, paywalls, or clickbait.
The Bitcoin Students Network launches Layer Zero program The program provides students with a hands-on, all-expenses-paid 2.5-month learning experience, pairing them with entrepreneurs and builders in global communities. Participants will actively contribute to shaping the future of Bitcoin and promoting financial inclusion and economic empowerment. Applications are now open for the Layer Zero program. Apply here before the deadline on February 15.
🇷🇺 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:
5th Bitcoin Educators Unconference by Mi Primer Bitcoin will take place on April 10th in Bitcoin Park, Nashville. More details are coming soon. image
🚨 Tails v6.11: Critical Security Fixes This release fixes several critical security vulnerabilities that were identified during an external audit by Radical Open Security. Users are urged to update to the latest version as soon as possible. "We are not aware of these attacks being used against Tails users until now. These vulnerabilities can only be exploited by a powerful attacker who has already exploited another vulnerability to take control of an application in Tails."
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.
🇬🇧 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.
🇹🇭 Thailand plans to trial KYC'ed bitcoin payments in Phuket for tourists The country's Deputy Prime Minister and Finance Minister Pichai Chunhavajira announced a new initiative during a seminar organized by the Marketing Association of Thailand. Foreign tourists in the pilot program may be able to register their coin through a Thai exchange and verify their identities before using the coins to purchase goods and services. A clearing house would subsequently convert the coins into Thai baht.
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.
'Bitcoin Freedom Act' introduced in Oklahoma Sen. Dusty Deevers has proposed the Bitcoin Freedom Act, a legislative initiative to integrate Bitcoin into Oklahoma's economy. The bill, SB325, would allow employees to choose bitcoin as a payment option and enable vendors to accept bitcoin transactions. It guarantees that participation is voluntary, upholding free-market principles and empowering employees, employers, and businesses to select the payment methods that suit them best. "In a time when inflation is eroding the purchasing power of hard-working Oklahomans, Bitcoin provides a unique opportunity to protect earnings and investments. As Bitcoin continues to rise and the value of the dollar continues to be printed away in Washington D.C., Oklahoma must act to protect our people," Deevers said. https://legiscan.com/OK/text/SB325/2025
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
🔋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.
🇨🇿 Governors of the Czech National Bank (CNB) are open to the idea of including Bitcoin in the country's foreign exchange reserves, though no concrete plans are in place yet. Currently, the CNB's diversification strategy aims to increase its gold holdings, targeting a gold share of about 5% of total assets by 2028. The investment in bitcoin would be minor for the bank and would need approval from its seven-member board. Source:
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.
🇰🇿 Kazakhstan shut down 36 illegal cryptocurrency exchanges in 2024 as part of its efforts to combat money laundering. Licensed global exchanges, including Binance, Bybit, Upbit, and others, continue to operate legally in the country. Among the platforms that went offline, two were identified as operating pyramid schemes. So far, the Kazakh government has shut down over 3,500 unlicensed crypto exchanges in cooperation with other government agencies. Source: