Author: Shawn Amick

Hodlonaut Wins Defamation Case Against Craig Wright – Bitcoin Magazine

[ad_1] Hodlonaut, a pseudonymous Bitcoiner, has won a court case for defamation against Craig Wright who claimed to be Satoshi Nakamoto in a Norwegian court, per a translated transcript sent to Bitcoin Magazine. While this case did not seek a definitive answer to the question of legitimacy to Wright’s claims, the judge did need to […]

European Digital Bank N26 Enables Bitcoin Trading – Bitcoin Magazine

[ad_1] N26, a $9 billion European digital bank, is launching bitcoin and cryptocurrency trading services, per a report from CNBC. N26 Crypto, the bank’s newly formed service, is set to roll out to Austrian clients over the next few weeks and initially include bitcoin and a number of cryptocurrencies. Following its initial release, N26 plans […]

Coinbase Files Amicus Brief In Support Of Grayscale Spot Bitcoin ETF – Bitcoin Magazine

[ad_1] Coinbase filed an amicus brief supporting Grayscale Investments’ continued efforts to launch a spot-bitcoin exchange-traded fund (ETF), per a court filing. Amicus briefs, or an amicus curiae, occurs when an organization or individual who is not involved in a court case believes they can offer expertise that could be valuable to a court’s determination […]

Bitcoin Joins The Guinness Book Of World Records – Bitcoin Magazine

[ad_1] Bitcoin has officially entered the Guinness World Records for a number of entries, the first of which is being recognized as the “first decentralized cryptocurrency.” “Bitcoin was developed as a solution to the challenge of regulating a digital currency without any centralized organization,” reads the entry. Indeed, Bitcoin does offer decentralized consensus through proof-of-work, […]

EU Takes Aim At Bitcoin Energy Consumption With New Law – Bitcoin Magazine

[ad_1] The European Union is set to release an energy efficiency label from Bitcoin and proof-of-work cryptocurrencies in an effort to deter energy consumption, per a report from Bloomberg. The European Commission is reportedly working with international partners to create a grading measure meant to “encourage more environmentally friendly crypto systems such as proof-of-stake,” per […]

ZEBEDEE Launches NBD, Non-Profit For Open Source Bitcoin Development – Bitcoin Magazine

[ad_1] ZEBEDEE, a bitcoin gaming company, has announced No Big Deal (NDB), a non-profit dedicated to furthering open source development for Bitcoin and the Lightning Network, per a release sent to Bitcoin Magazine. “NBD does not sell anything, it does not offer services, it does not support products,” said Andre Neves, co-founder and CTO of […]

Bitcoin Tumbles As US CPI Hits 8.2% – Bitcoin Magazine

[ad_1] U.S. inflation for the month of September was up 8.2% year-over-year (YoY), which exceeded market expectations of 8.1%, per the consumer price index (CPI) report. Bitcoin fell close to $18,000 following the data release. While the latest CPI report shows the fourth month of declining inflation, it is still notable that CPI continues to […]

Kazakhstan To Establish Legal Framework For Bitcoin, Crypto – Bitcoin Magazine

[ad_1] Kazakhstan plans to release a legal framework for the regulation of bitcoin and cryptocurrencies, per a report from Russian media outlet Tass. “Deputies of the Majilis of the Parliament have developed a sectoral bill on digital assets of the Republic of Kazakhstan and four related bills as a legislative initiative,” said Ekaterina Smyshlyaeva, a […]

First Spot Bitcoin ETP Launches In Dubai – Bitcoin Magazine

[ad_1] Financial services firm 21Shares has launched the first physically-backed bitcoin exchange traded product (ETP) in the Middle East, per a press release. The ETP will trade on the Nasdaq Dubai exchange under ticker symbol ABTC similar to the spot bitcoin ETP the company previously launched in Europe. “Coming from the Middle East myself, the […]