Bitcoin developers behind the Taproot upgrade didn’t account for the “social attack surface” that enabled Ordinals, BRC-20s, and other nonfinancial transactions to flood the network with spam, says a Bitcoin developer. “What they ignore is that Taproot had significant trolling value as the upgrade that Bitcoiners were placing their hopes in,” Bitcoin Core developer Jimmy…
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There is apparently a way to get Bitcoin from Earth to Mars in as little as three minutes using already-available technology. We just need someone, or something, to receive it. Late last month, tech entrepreneur Jose E. Puente and his colleague, Carlos Puente, published a white paper unveiling Proof-of-Transit Timestamping — a concept he told…
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Over 48,000 Nepalese people downloaded Block CEO Jack Dorsey’s peer-to-peer messaging app, bitchat, amid a series of violent protests over corruption and a short-lived social media ban earlier this week. It followed a similar uptick in downloads in Indonesia last week after corruption-related protests erupted, according to Bitcoin open-source developer “callebtc,” who is working on…
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The Attorney General’s office in Washington, DC, has sued crypto ATM operator Athena Bitcoin, claiming it charged undisclosed fees on deposits the company knew were tied to scams and failed to put sufficient anti-fraud protections in place. DC Attorney General Brian Schwalb alleged on Monday that 93% of deposits on Athena in its first five…
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Shares in the marketing firm Asset Entities (ASST) rose 52% after-hours on Tuesday after its shareholders approved a merger with Vivek Ramaswamy’s Strive Enterprises to form a Bitcoin treasury company. Asset Entities said on Tuesday that a “strong majority” of shareholders voted for the merger with plans to raise $1.5 billion to buy Bitcoin (BTC).…
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A Bitcoin Ordinals developer has threatened to fund the development of an open-source fork of Bitcoin Core if developers attempt to censor Ordinals, Runes and other non-financial transactions on the network. The open letter on X from Leonidas, host of The Ordinal Show, on Saturday comes amid a war between members of the Bitcoin community…
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Corporate Bitcoin treasury adoption has hit a huge milestone, reaching 1 million Bitcoin as more companies tout Bitcoin’s potential to bolster their balance sheets. BitcoinTreasuries.NET confirmed the feat on Thursday, with a few additional purchases pushing the tally to 1,000,698 Bitcoin, worth over $111 billion. While Bitcoin miners like MARA Holdings were the OG Bitcoin…
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Bitcoin financial services firm River said its business clients are reinvesting an average of 22% of profits into Bitcoin, signaling growing grassroots adoption. Of River’s client base, real estate firms have been the biggest adopters with nearly 15% reinvesting profits into Bitcoin (BTC), while hospitality, finance and software sectors are allocating between 8% and 10%,…
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Regulatory momentum in Washington and crypto exchange-traded funds have pushed the US up two spots into second place for crypto adoption, according to Chainalysis. The US trailed only India, which maintained the top spot for the third year in a row, and contributed to the Asia Pacific region being crowned the fastest-growing between July 2024…
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El Salvador has redistributed its Bitcoin reserve holdings into 14 new wallet addresses as a precaution against potential quantum computing threats. “By splitting funds into smaller amounts, the impact of a potential quantum attack is minimized,” El Salvador’s Bitcoin Office said in an X post Friday, adding that each Bitcoin (BTC) address holds up to…
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