The FBI has issued a public service announcement today, warning Americans against using unregistered and non-Know Your Customer (KYC) cryptocurrency money transmitting services. JUST IN: ?? FBI warns Americans against using non-KYC #Bitcoin and crypto money transmitting services. pic.twitter.com/BkSuG6MiCE — Bitcoin Magazine (@BitcoinMagazine) April 25, 2024 This announcement, identified as Alert Number I-042524-PSA, urged Americans to only engage with registered Money Services Businesses (MSBs) that comply with anti-money laundering (AML) regulations. According to United States federal law ..read more

Beck & Bulow, a nationally acclaimed meat and seafood company based in Santa Fe, New Mexico, has announced its decision to accept Bitcoin as payment online and in-store, as well as include it in their employee 401k program. The company has also committed to holding Bitcoin and revenue generated in Bitcoin in its reserves indefinitely. Founded in humble beginnings, working farmers markets and selling meat door-to-door, Beck & Bulow has grown to play a much bigger role in the meat supply chain in New Mexico. The company now serves over 1,000 restaurants and retailers across the United St ..read more

Yesterday, the US Department of Justice (DOJ) charged Keonne Rodriguez and William Lonergan Hill, co-founders of Samourai Wallet, a privacy-focused bitcoin wallet that also serves as a mixer, with money laundering and operating an unlicensed money transmitting business. Many, including activists and human rights defenders, spoke out about the significance of this legal action soon after the news broke. A monumentally bad day for privacy on the internet The implications of this are so dire A real “before and after” moment https://t.co/ou6CgT9E0T — Alex Gladstein ? ⚡ (@gladstein) April 24, 20 ..read more

Today, Bitcoin mining pool ViaBTC auctioned off its “epic sat” for a sum of 33.3 BTC, equivalent to over $2.1 million. The auction, conducted on the CoinEx exchange platform, witnessed fervent bidding as collectors and enthusiasts competed for this satoshi. JUST IN: The first satoshi of #Bitcoin's fourth halving block just auctioned off for 33.3 #BTC worth over $2.1 million ? pic.twitter.com/Sw1tHxWVyR — Bitcoin Magazine (@BitcoinMagazine) April 25, 2024 The term "epic sat" refers to the first satoshi (the smallest unit of Bitcoin) of each halving epoch. A halving epoch occurs approximately e ..read more

An announcement was put out today by the Justice Department that Keonne Rodriguez and William Hill had been arrested and charged with operating Samourai Wallet, “an unlicensed money transmitting business” that executed “unlawful transactions.” Fuck the Justice department, full stop. At no point did Samourai custody user funds, have control over user funds, and ESPECIALLY did not execute any transactions on behalf of the user. It is a completely self-custodial wallet in every way. They from day one were completely uncompromising in that with every feature they have ever implemented. They are be ..read more

New 13F filings with the SEC reveal that a major pension consultant, Global Retirement Partners (GRP), is buying into US spot Bitcoin ETFs. Bitcoin investors have been eagerly awaiting these SEC filings to gauge the level of institutional interest in Bitcoin ETFs, which launched in the first quarter of 2024. JUST IN: ?? Retirement consulting firm GRP reveals they now hold exposure to 7 #Bitcoin ETFs in 13F filings Pensions are in play ? pic.twitter.com/3F9A2VTiID — Bitcoin Magazine (@BitcoinMagazine) April 25, 2024 13F SEC filings require large US institutional investors with $100 ..read more

In light of the charges brought against Keonne Rodriguez and William Lonergan Hill for their alleged operation of Samourai Wallet, I believe it is important for Bitcoiners to assess the current state of things. Too much of the discourse in Bitcoin today is simply lip flapping from state-sponsored hypnotists pushing intelligence-captured infrastructure rails as scaling solutions while manufacturing consent for transaction censorship and treasury centralization within the very private sector institutions that profiteered from the manufactured economic crises of the 21st century. Toxic maximalism ..read more

The Open Source Justice Foundation is a 501(c)(3) tax-exempt public charity dedicated to spreading access to justice globally through open-source protocols and technology. Learn more about OSJF's work at opensourcejustice.org. Most people in the world are denied access to justice. An estimated four billion people live outside the protection of the law. Fifty-four percent of the world's population lives under some form of authoritarian rule. And even in relatively stable democracies, the justice gap between low- and high-income earners is well documented. The state has failed to provide courts ..read more

Edward Snowden has called the recent renewal of FISA 702, “the biggest encroachment on your privacy rights since the Patriot Act.” In the middle of the night, in secret, the US Senate voted to renew FISA Section 702 as a part of a broader bill called the Reforming Intelligence and Securing America Act (RISSA) H.R.7888. The bill had passed through the House the week prior and was set to be voted on Wednesday but the vote was delayed. As Friday came and went, it appeared that we, the People, might have another weekend to rally against the Senate vote. Alas, Americans woke up Saturday morning to ..read more

Strike has announced its expansion into Europe, bringing its Bitcoin services to millions of people across the continent, according to a press release sent to Bitcoin Magazine. As per announcement, European customers can now buy, sell, send, and withdraw bitcoin using the app, and deposit funds from their bank accounts using free unlimited SEPA euro deposits, with the option for instant transfers where supported. Customers withdrawing their bitcoin to self-custody can send it to any Bitcoin or Lightning wallet instantly and without limits. Additionally, users can access features such as r ..read more