Block Inc. CEO Jack Dorsey was among those supporting a proposal to remove satoshis as Bitcoin’s base unit, but others strongly oppose the change. A recent proposal that aims to change Bitcoin’s base unit to make it easier to understand as a payment tool has run into opposition, with critics saying Bitcoin’s satoshis are no...Continue Reading

The Australian Federal Police said it seized nearly 25 Bitcoin, a waterfront mansion and a Mercedes-Benz car it claimed could be tied to a 2013 crypto exchange hack. An Australian man from the state of Queensland has forfeited Bitcoin, a waterfront mansion and a Mercedes-Benz car after Australian Federal Police claimed the assets could be...Continue Reading

There are few places on Earth as Bitcoin-friendly as the scenic Garden Route in South Africa, where Bitcoin circular economies have blossomed. South Africa’s Garden Route, famed for its lush forests, expansive beaches and charming towns, has become a testbed for Bitcoin adoption. From Mossel Bay to Witsand and Plettenberg Bay to Knysna, Bitcoin has...Continue Reading

Tornado Cash developer Roman Storm’s defense cited the same set of FinCEN documents used by the Samourai Wallet developers’ legal team. Attorneys for Tornado Cash developer Roman Storm filed a motion asking the court to reconsider the motion to dismiss the case due to the prosecution withholding exculpatory evidence in the form of communications with...Continue Reading

Bodyguard security firms are experiencing increased demand from cryptocurrency executives in response to a disturbing rise in kidnappings. Crypto industry executives are beefing up personal security and demanding more bodyguard services in response to a recent string of kidnapping and ransom attempts worldwide — particularly in France — targeting investors and professionals in the sector....Continue Reading

The co-founder of Telegram-based crypto project Blum, Vladimir Smerkis, is in custody in Moscow over accusations that he committed large-scale fraud, TASS reports. Vladimir Smerkis, a co-founder of the Telegram-based crypto project Blum, has reportedly been arrested in Moscow, Russia, on fraud allegations, amid Blum confirming he is no longer affiliated with the project. The...Continue Reading

Durov did not name the EU country that asked him to censor “conservative voices” on the platform but hinted at it with a baguette emoji. Telegram founder Pavel Durov said he rejected pressure from a European Union (EU) country to censor political content on the social media platform ahead of the May 18 presidential elections...Continue Reading