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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
New CFPB proposed rulemaking makes no distinction between custodial and self-custody wallets The Consumer Financial Protection Bureau (CFPB) has issued a notice of proposed rulemaking to reinterpret the Electronic Funds Transfer Act (EFTA) to include cryptocurrency activities. However, the proposal does not differentiate between cryptocurrency services offered by trusted intermediaries, which could be subject to consumer protection regulations, and software tools for self-securing digital assets, which are considered protected speech and should not be subject to regulatory permissions, writes Coin Center. Source:
Coin Center
New CFPB rulemaking makes no distinction between custodial and self-custody wallets
They are completely different products with different risks and covering self-custody is beyond statutory authority and unconstitutional.
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No Bullshit Bitcoin 1 year ago
Operators of Blender and Sinbad Custodial Bitcoin Mixers Arrested and Charged with Money Laundering "This indictment demonstrates our continued commitment to dismantling infrastructure used by cybercriminals to steal from Americans and hide their ill-gotten gains."
No Bullshit Bitcoin
Operators of Blender and Sinbad Custodial Bitcoin Mixers Arrested and Charged with Money Laundering
The U.S. Department of Justice (DOJ) has indicted Russian citizens Roman Ostapenko, Alexander Oleynik, and Anton Tarasov, charging them with money ...
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No Bullshit Bitcoin 1 year ago
🇰🇪 Kenya is preparing to legalize cryptocurrencies, according to Treasury Cabinet Secretary John Mbadi, indicating a shift in government stance. Although cryptocurrencies have been banned in the country, widespread public use has persisted underground, circumventing the restrictions. "The Government of Kenya is committed to creating the necessary legal and regulatory framework in order to leverage opportunities presented by VAs and VASPs while managing the resultant risks," Mbadi said.
The Standard
Kenya to legalise cryptocurrencies, says Treasury Cabinet Secretary
Kenya is preparing legislation to legalice cryptocurrencies, the Treasury Cabinet Secretary John Mbadi, said on Friday, marking a significant shift...
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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
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.
Bitcoin Students Network
A Network of Student Bitcoiners
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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:
Atlas21
Russia set to sell over 1,000 confiscated bitcoins in a corruption case
The bitcoins were seized from a former investigator who accepted a bribe from a criminal organization in exchange for protection.
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No Bullshit Bitcoin 1 year ago
5th Bitcoin Educators Unconference by Mi Primer Bitcoin will take place on April 10th in Bitcoin Park, Nashville. More details are coming soon. image
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No Bullshit Bitcoin 1 year ago
🚨 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."
No Bullshit Bitcoin
Tails v6.11: Critical Security Fixes
Tails is a portable operating system that protects against surveillance and censorship. This release fixes several critical security vulnerabilitie...
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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
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
🇹🇭 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.
nationthailand
Pichai to launch cryptocurrency pilot project in Phuket this year
Phuket to pilot crypto payments for tourists! Foreign visitors may soon pay in Bitcoin for goods and services, boosting convenience and business op...
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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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