Bitcoin Regulation & Enforcement Action with Zack Shapiro

swansignalpodcast.com Sam sits down with Zack Shapiro, Managing Partner of the law firm Rains LLP and Legal Fellow at the Bitcoin Policy Institute to discuss all of the regulatory developments…

Oklahoma Enacts Watershed Bitcoin Rights Law Protecting Self-Custody Wallets

cryptonews.com Oklahoma Governor Kevin Stitt delivered a major win to digital asset supporters Monday with the enactment of a new Bitcoin rights bill (a.k.a HB3594) focused on preserving…

“Bitcoin’s Trajectory Tied to US Election”

bitcoinnews.com The upcoming US presidential election could have a significant impact on the trajectory of bitcoin, according to Mike Novogratz, CEO of Galaxy Digital. During a recent…

Sweeping ‘Bitcoin Rights’ Bill Becomes Law in Oklahoma

coindesk.com Oklahoma Governor Kevin Stitt signed a sweeping into law on Monday, enshrining Oklahomans’ legal right to mine, transact with, and self-custody cryptocurrencies and boosting…

The State Is The Terrorist In The Case Against Samourai Wallet

bitcoinmagazine.com "The State is any entity that can retrospectively pardon a crime. If you forgive a murder, you get an army. If you forgive an assault, you get police. If you forgive a…

Hundred Finance’s $7.4 million stolen last year starts to move

dlnews.com In April last year, a hacker exploited a bug in Optimism-based DeFi protocol Hundred Finance, making off with $7.4 million. After over a year of silence, the stolen funds…

Empire Newsletter: Crypto mixers have their day in court

blockworks.co A new scare tactic Crypto mixers, and those who make them, are having their day in court. Yesterday, Tornado Cash developer Alexey Pertsev was found guilty of money…

Senators Urge DOJ to Halt Crackdown on Bitcoin Privacy Tools

bitcoinnews.com In a display of bipartisan unity, two senators have called upon the Justice Department (DOJ) to reconsider its recent crackdown on a yet another popular Bitcoin privacy…

Crypto in peril as court ruling sets a dangerous precedent

finbold.com On May 14, a Dutch court sentenced Alexey Pertsev, developer of Tornado Cash, to five years in prison. This unprecedented ruling can create a dangerous precedent for…

Exploring Bitcoin's Power to Transform Society with NVK

tftc.io Key Takeaways This episode of What Bitcoin Did dives into a multitude of topics, primarily focusing on the nuances of being a Bitcoin holder, the entrepreneurial spirit in…

Bitcoin’s Future Is ‘Bleak’ and Ripe for Regulation, Core Developer Says

decrypt.co One of the most prolific contributors to Bitcoin development warns that the leading blockchain network is on a dark path toward global regulation. In a blog post on…

Developing Financial Privacy Tools Was Today Criminalized by the Dutch Court

bitcoinmagazine.com In the Netherlands, open source developers are now liable for how their software is used. Alexey Pertsev, a 31-year old Russian national living in the Netherlands and one of…

Erik Voorhees' New Venture: Why AI Desperately Needs Privacy and Uncensorability

unchainedcrypto.com Erik Voorhees, a crypto OG, has launched Venice, a private, uncensorable, open-source competitor to OpenAI’s ChatGPT or Anthropic’s Claude, powered by a decentralized crypto…

Alexey Pertsev found guilty of money laundering, faces 64 months in prison

blockworks.co A Dutch court found Tornado Cash developer Alexey Pertsev guilty on Tuesday, sentencing him to 64 months in prison. Pertsev was accused of laundering $1.2 billion of crypto…

Memecoin protocol raises $5.5m

dlnews.com GM, Tim here. Here’s what caught my DeFi-eye recently: What are Heroglyphs, and how do they help Ethereum? Why the DoJ just shut down crypto mixer Samourai Wallet. The…

US Senators Demand DOJ Rethink Stance on Non-Custodial Crypto Services

beincrypto.com Senators Ron Wyden and Cynthia Lummis have raised serious concerns regarding current crypto regulations in the United States. They target the Department of Justice’s (DOJ)…

Bipartisan Senate Letter Urges DOJ To Stop Attacking Bitcoin Privacy Software

cryptonews.com Two crypto-supportive senators have urged the Justice Department (DOJ) to reconsider its recent enforcement action against a popular Bitcoin privacy service. Protecting…

Senators question DOJ for ‘unprecedented interpretation’ over Samourai Wallet and Tornado Cash

cryptobriefing.com Senators Ron Wyden (D-Ore.) and Cynthia Lummis (R-Wyo.) have sent a letter to Attorney General Merrick Garland, questioning the Department of Justice’s (DOJ) “unprecedented…

Senators Lummis and Wyden Challenge DOJ Over Bitcoin Mixer Prosecutions

tftc.io Recent bipartisan concern has arisen over the U.S. Department of Justice's (DOJ) use of money-transmitter laws in prosecuting Bitcoin mixing services. Senators Cynthia…

U.S. Senators Question Justice Department's Pursuit of Crypto Mixers

coindesk.com None Two U.S. senators sent a letter to the attorney general making an argument that his Department of Justice is making the wrong legal call as it prosecutes crypto mixing…

Marathon Digital reveals plan to double its Bitcoin mining capacity this year

dlnews.com Marathon Digital plans to double capacity Bitcoin miner Marathon Digital said it is revising its 2024 hash rate target from 35-37 EH/s to 50 EH/s, which would represent a…

SOTM Apr 18-24, 2024

5264302.fs1.hubspotusercontent-na1.net Welcome to our 169th issue of State of the Market, where we provide an overview of crypto market activity from April 18 – 24, 2024. After mining the Halving block late…

Did Regulations Push LocalMonero Out? Privacy Coin Platform Bites The Dust

bitcoinist.com The winds of regulatory change are howling through the cryptocurrency space, and a prominent victim has emerged. LocalMonero, a veteran P2P (peer-to-peer) trading platform…

The government fears this privacy tool

reason.com The Department of Justice indicted the creators of an application that helps people spend their bitcoins anonymously. They're accused of "conspiracy to commit money…

Why Bitcoin mixer Samourai Wallet became the latest target in the US crypto crackdown

dlnews.com Crypto privacy advocates are calling on the industry to rally after the Department of Justice arrested two co-founders of Samourai Wallet, a Bitcoin wallet with a built-in…

Tops Trending Charts Amid LocalMonero ShutDown: Santiment

cryptopotato.com Monero is experiencing a significant uptick in discussions across social media following the announcement of LocalMonero’s closure, according to Santiment data. This surge…

The rise and fall of LocalMonero

protos.com The co-founder of LocalMonero, Alex Daneo, announced on Reddit that he will be ceasing operations after almost 7 years. Like the also-defunct LocalBitcoins service for…

Crypto Wallet Provider Exodus Delays NYSE Listing Due to SEC Review

cryptonews.com Exodus Movement, a prominent crypto wallet company, has announced a delay in its planned listing on NYSE American, the sibling market of the New York Stock Exchange. The…

Monero-Backed Short Film Tackles Injustice on the Mexican-American Border

decrypt.co A Mexican teenager is lured into a web of cross-border crime with tragic consequences, in George Nicholas’ Monero-backed short film “Límite.” The film follows 16-year-old…

Monero Exchange LocalMonero Is 'Winding Down' Its Operations

decrypt.co Monero-based peer-to-peer (P2P) exchange LocalMonero is shuting down, the platform announced in a blog post. Citing "a combination of internal and external factors,"…

Monero’s largest P2P trading platform shuts down

coinjournal.net LocalMonero is a peer-to-peer (P2P) trading platform for privacy-focused coin Monero (XMR). The platform is winding down, with the website set to shutter on November 7.…

P2P Trading Platform LocalMonero Bids Farewell Amid Regulatory Heat

beincrypto.com LocalMonero, the largest Monero (XMR) peer-to-peer (P2P) trading platform, announced its closure on May 7. This also marked the end of its nearly seven-year run in the…

Monero P2P Trading Platform LocalMonero Closes, Citing ‘Internal and External’ Factors

cryptonews.com LocalMonero, a peer-to-peer trading platform for the privacy-focused cryptocurrency Monero, has decided to shut down its services with immediate effect. In a Tuesday…

LocalMonero Shuts Down Amid Privacy Service Decline: XMR Remains Stable

watcher.guru The recent closure of LocalMonero, a platform facilitating peer-to-peer trading of Monero [XMR], has reverberated across the cryptocurrency community. This shutdown…

House Democrats Propose Bill to Intensify Scrutiny on Bitcoin Mixers

tftc.io New legislation is expected to be introduced by House Financial Services Committee Democrats, targeting Bitcoin mixing services. Representative Sean Casten (D-Ill.), a…

Crypto Mixers Targeted in U.S. House Democrats' Effort to 'Clamp Down' on Money Laundering

coindesk.com None A new bill from House Financial Services Committee Democrats is expected to target crypto mixing services this week. • None Legislation from the minority party is…

Exodus Approved for NYSE Listing, Trading Begins on May 9

cryptonews.com Crypto wallet developer Exodus Movement has received approval to list its common stock on the NYSE under the ticker EXOD. Trading for the stock will commence on the platform…

Bitcoin Mixers Pull Out of the US Amid Regulatory Heat

decrypt.co Following the arrest of the developers of Samourai Wallet, several other Bitcoin coin mixing operations see the writing on the wall and are leaving the United States for…

Empire Newsletter: The DOJ’s about-face on money transmitters

blockworks.co Take it to court! Crypto’s long been regarded as the “Wild West” and one of the biggest reasons that the comparison still sticks — despite how far the market has come since…

Zeus v0.8.4: Select Wallet/Node on Start-up

nobsbitcoin.com No Bullshit Bitcoin is funded by our community. "We're proud to announce the wide availability of ZEUS v0.8.4, including on the Apple App Store, and Google Play," announced…