Entries by Bitcoin Developer

South Korea’s Bitcoin Lending Experiment Begins at Jeonbuk Bank

South Korea just cracked open the door to bitcoin-backed banking, according to local reports. Jeonbuk Bank has executed the country’s first reported traditional bank loan secured by bitcoin, allowing businesses to borrow Korean won without selling their coins or surrendering ownership to the lender. A Bitcoin Loan Without Touching Bitcoin Jeonbuk Bank, a subsidiary of

SWI Turns FTX’s Former Bitcoin Mining Infrastructure Toward AI Boom

Genesis Digital Assets, once one of Sam Bankman-Fried’s largest crypto investments, is being repurposed for the artificial-intelligence boom after SWI Group took majority control. SWI has now raised about $896 million to expand the former bitcoin miner’s data-center footprint for hyperscale computing customers. Genesis Digital Pivots From Bitcoin Mining to AI Data Centers A bitcoin

Papertrade’s Wild Weekend Ends With 93.7% Open Interest Wipeout

After a whirlwind of trading activity on Papertrade, the newly launched perpetuals decentralized exchange (DEX) built on Hyperliquid, the platform’s open interest has collapsed by 93.7% over the past 24 hours. The project’s total value locked (TVL) has also taken a substantial hit, shedding $48 million over the same period. Papertrade’s $11 Billion Open Interest

DWF Labs Takes Bitgo to Court Over $141M Token Lock-up Dispute

DWF Labs affiliates have taken cryptocurrency custodian Bitgo to London’s High Court, demanding $141 million over allegedly premature sales of discounted tokens. The plaintiffs claim Bitgo violated contractual lock-up restrictions by moving Falcon Finance (FF) and ESPORTS tokens onto exchanges roughly two months before their scheduled release. The alleged transactions placed selling pressure on thinly

Bitcoin Could Reach $30 Trillion Like Gold, Bitwise CIO Says

Bitcoin could grow into a $30 trillion asset by following gold’s expansion, Bitwise’s investment chief suggests. He points to expanding institutional access while warning that investor behavior could determine who benefits from long-term gains. Gold’s Rise Offers a $30 Trillion Bitcoin Comparison Bitcoin could follow gold into a much larger market as institutional ownership expands,

Robinhood Adds BTC To Balance Sheet, ‘Bunker Mode’ Kicks Off, And More – Weekly Recap

This week’s stories spanned corporate adoption, government crypto flows, security risks and macro concerns. Robinhood added $25 million in bitcoin to its balance sheet, while U.S. government-linked wallets moved nearly $1.9 billion in crypto. Justin Drake warned AI breakthroughs could threaten widely used cryptography, a survey found wealthy investors increasingly favor crypto for long-term returns,

Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC

Bitcoin Magazine

Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC
The Bermuda-regulated startup, whose backers include Bain Capital Crypto and Sam Altman, has now raised more than $180 million.
This post Bitcoin Life Insurer Meanwhile Raises $37.5M as Wealthy Families Look to Pass On Their BTC first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Brazil’s B3 Readies Tokenized Stock Trading Platform for Early 2027

B3, Brazil’s largest stock market, intends to enable tokenized trading of securities that will be fungible and equivalent to traditional stocks in the first half of 2027. Nonetheless, advanced developments like 24/7 trading and instant settlements still require regulatory approval from Brazilian authorities.   Brazil’s B3 Expects to Implement Tokenized Asset Environment by 2027 The

Blockchain.com Seeks CFTC Approval for Prediction Markets, Crypto Derivatives

Blockchain.com is seeking regulatory approval to launch prediction markets and cryptocurrency derivatives trading in the United States, per a report, joining a growing number of digital asset companies looking to capitalize on the booming market for event-based contracts.   The cryptocurrency wallet and trading platform has applied for two licenses from the Commodity Futures Trading

‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s Crypto

Bitcoin Magazine

‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s Crypto
The U.S. will seize $1 billion of Iran’s crypto this week, U.S. Treasury Secretary Scott Bessent has said. It isn’t clear which asset though.
This post ‘We Know Where It Is’: Treasury Secretary Threatens To Freeze $1B of Iran’s Crypto first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Here’s How Not To Screw up Your Bitcoin Privacy

Bitcoin Magazine

Here’s How Not To Screw up Your Bitcoin Privacy
Speaking on the Bitcoin Rails podcast, Cake Wallet’s Seth for Privacy said people need to take more precautions to protect their identities when using the biggest cryptocurrency.
This post Here’s How Not To Screw up Your Bitcoin Privacy first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Securitize Brings Apple, Nvidia and Tesla Stocks Onchain on Solana

Securitize is launching 1:1-backed versions of major U.S. stocks on Solana, giving eligible investors access to equities including Apple, Nvidia, Tesla, and Microsoft through regulated onchain infrastructure. Securitize Adds Stock Tokens With Dividends and Voting Rights Securitize is taking some of Wall Street’s most recognizable names onchain. The tokenization firm has launched Securitize Stocks, offering

IMF Report Details Why Tokenized Finance Is Struggling to Scale

A new International Monetary Fund (IMF) report says tokenization could transform global capital markets, but warns that fragmented infrastructure, thin liquidity and financial stability risks continue to hinder widespread adoption. Small Scale, Niche Dominance Tokenization holds the promise of transforming global capital markets through 24/7 trading, fractional ownership, and compressed transaction times, but key structural

AI Coding Agents Drive Surge in Bitcoin Integration Requests: Breez

Bitcoin Magazine

AI Coding Agents Drive Surge in Bitcoin Integration Requests: Breez
Bitcoin software company Breez said demand for its developer tools has surged since AI coding agents went mainstream, with partnership inquiries rising roughly 14-fold as developers, and increasingly the agents they deploy, look to add bitcoin payments to their apps. In a company blog post, it tied the jump directly to Anthropic’s Claude Code, which
This post AI Coding Agents Drive Surge in Bitcoin Integration Requests: Breez first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Greece Plans Crypto Capital Gains Tax: Report

Bitcoin Magazine

Greece Plans Crypto Capital Gains Tax: Report
Greece is planning a law to tax crypto investors’ capital gains at a rate of 15%, according to reports. According to Reuters and local media, the country’s Finance Ministry has drafted a bill with the proposal. Greece currently has no legal framework for taxing crypto. Under the draft, the first €500 (about $580) of crypto
This post Greece Plans Crypto Capital Gains Tax: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Engineer Who Sabotaged Employer for Bitcoin Ransom Gets Prison Time

A former infrastructure engineer at a New Jersey-based industrial company has been sentenced to 32 months in federal prison after admitting that he sabotaged his employer’s computer systems—and demanded roughly $750,000 in bitcoin to stop the attack. Daniel Rhyne, 59, of Kansas City, Missouri, was sentenced Sept. 28 in federal court in Trenton after previously

Kalshi’s 15-Minute Gold Bets Top Ether as Fast Markets Drive Fees

Kalshi’s public data shows its 15-minute gold markets traded more contracts than their ether counterparts in September, their second month of operation. The short-duration markets now bring in most of the exchange’s non-sports fees.   Gold Passes Ether in Its Second Month Kalshi’s 15-minute gold markets traded more contracts than its ether markets of the

Europol Warns Quantum Threat Could Put Crypto Fortunes at Risk

Europol is pushing back on crypto’s quantum doomsday scenario. In a report published Wednesday, the agency says quantum computers pose a far greater threat to exposed wallet keys than to blockchains themselves, warning that vulnerable keys cannot be retroactively secured and will eventually need to be migrated. Europol Says Quantum Computers Threaten Crypto Keys, Not

Jack Dorsey’s Block Gifts One Bitcoin to Lucky ComplexCon Attendee

Bitcoin Magazine

Jack Dorsey’s Block Gifts One Bitcoin to Lucky ComplexCon Attendee
Jack Dorsey’s Block is pushing so hard for bitcoin adoption, it gifted 1 BTC to a lucky conference attendee at this year’s ComplexCon in Los Angeles.  The fintech giant attended the Complex Networks yearly event at the weekend in a bid to introduce newbies to the leading cryptocurrency through — in its words — “culture,
This post Jack Dorsey’s Block Gifts One Bitcoin to Lucky ComplexCon Attendee first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Ethereum Economic Zone Runs Atomic L1-L2 Transfer on Mainnet

This week, the Ethereum Economic Zone (EEZ) initiative’s core contributor, Eduardo Antuña Díez, revealed a technological advancement by showcasing an atomic Layer 1 (L1) to Layer 2 (L2) transaction on Ethereum’s mainnet. The developer further noted that atomic synchronous composability was “no longer a promise.” EEZ Showcases an Atomic L1-to-L2 Transfer on Ethereum Mainnet On

$350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger | Jed Meyer

Bitcoin Magazine

$350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger | Jed Meyer
A 1930s postal credit union now custodies real Bitcoin. St. Cloud CEO Jed Meyer breaks down its hybrid vault model and quiet path to over 20 BTC.
This post $350M St Cloud CEO: The First Credit Union to Put Bitcoin on Core Ledger | Jed Meyer first appeared on Bitcoin Magazine and is written by Patrick Green.

Housingwire’s Logan Mohtashami: Real Estate vs Bitcoin & Bond Market Outlook

Bitcoin Magazine

Housingwire’s Logan Mohtashami: Real Estate vs Bitcoin & Bond Market Outlook
Mortgage rates hit 3-year highs as homebuyers retreat. HousingWire’s Logan Mohtashami explains why rising bond yields and Fed hawkishness drive the surge.
This post Housingwire’s Logan Mohtashami: Real Estate vs Bitcoin & Bond Market Outlook first appeared on Bitcoin Magazine and is written by Patrick Green.

Plume Opens Onchain Door to Fidelity’s $28B Bond Giant

Plume opened nBND on Oct. 5, giving investors blockchain-based exposure to Fidelity’s roughly $28 billion Total Bond ETF. But there’s a small catch. The exchange-traded fund (ETF) itself wasn’t tokenized, and its $28 billion hasn’t moved onchain. The nBND vehicle is a receipt token for a Nest vault holding FBND shares, and hours after launch,

Novig Says Trading Jumped 94% After Sydney Sweeney’s Viral Ad

Sports-centric prediction market platform Novig says its trading volume nearly doubled around the launch of its Sydney Sweeney campaign, with first-time depositors more than tripling. The company-reported figures cover a window that also included the start of the NFL season, and a new funding round reportedly values Novig at $2 billion. The Figures Overlap With

Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin

Bitcoin Magazine

Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin
Proposed SEC rules could boost direct Bitcoin ownership for advisors. Coinbase’s Ryan VanGrack explains why ETFs and direct holding can both thrive.
This post Coinbase’s Ryan VanGrack: CFTC Approval “Opens Many Doors” for Bitcoin first appeared on Bitcoin Magazine and is written by Patrick Green.

Coinbase Business Chief: Big Banks Increasing BTC Exposure | Shan Aggarwal

Bitcoin Magazine

Coinbase Business Chief: Big Banks Increasing BTC Exposure | Shan Aggarwal
New SEC rules could unlock advisor access to Bitcoin. Coinbase CBO Shan Aggarwal explains how Coinbase’s custody infrastructure is paving the way.
This post Coinbase Business Chief: Big Banks Increasing BTC Exposure | Shan Aggarwal first appeared on Bitcoin Magazine and is written by Patrick Green.

TD Cowen’s Lance Vitanza: BTC to $132k in 2027 & MSTR Price Outlook

Bitcoin Magazine

TD Cowen’s Lance Vitanza: BTC to $132k in 2027 & MSTR Price Outlook
Institutions aren’t asking IF to buy Bitcoin, but HOW. TD Cowen’s Lance Vitanza breaks down the rise of BTC corporate treasuries and capital markets products.
This post TD Cowen’s Lance Vitanza: BTC to $132k in 2027 & MSTR Price Outlook first appeared on Bitcoin Magazine and is written by Patrick Green.

Atkins Vows More Crypto Rule Changes to Keep Markets Onshore

SEC Chair Paul Atkins’ statements come as the agency proposes a new regulatory framework regarding the custody of crypto assets. He stressed that the SEC is taking on the crypto-regulation task after the Senate failed to pass the CLARITY Act last month. SEC Chair Stresses More Crypto Regulation Is Coming The Securities and Exchange Commission

Community Bankers Sue US Banking Regulator Over ‘Side Door’ Crypto Charters

The Independent Community Bankers of America filed a federal lawsuit against the U.S. banking regulator alleging that it overstepped its authority under the National Bank Act by granting national trust bank charters to crypto companies. Allegations of Statutory Overreach The Independent Community Bankers of America (ICBA) filed a federal lawsuit against the Office of the

Bitcoin Price at $85K as Bettors Eye $100K, ChatGPT Calls $94K

Bitcoin’s price spent Saturday trapped close to $85,000 after Friday’s charge above $87,000 collapsed, but the forecasts surrounding it were anything but quiet. Polymarket traders give bitcoin a 39% chance of touching $100,000 before 2027, Kalshi’s year-end forecast stands at $86,240, Claude Opus 5.5 predicts $91,500, and ChatGPT-6 Astra goes higher at $94,000. Bitcoin’s price

IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project

Bitcoin Magazine

IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project
The International Monetary Fund approved a $139 million disbursement to El Salvador but still wants it to scale back its Bitcoin project.
This post IMF Praises El Salvador — But Still Tries To Scale Back Its Bitcoin Project first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Microsoft’s X Account Hijacked to Promote Clippy Meme Coin

Does Clippy have a meme coin? No, but followers of Microsoft’s X account might have thought so on Thursday when the tech giant’s access was hijacked to promote an unauthorized crypto token.   On Thursday, Microsoft’s official X account began making surprising moves, including following an account promoting an unofficial meme coin inspired by the

Aave Founder Warns EU MiCA Review Could Restrict DeFi Access

Aave founder Stani Kulechov is criticizing proposals from European regulators that could extend restrictions on stablecoin yield and place new controls around access to DeFi. MiCA Review Puts DeFi Access in Focus Aave founder Stani Kulechov is warning that Europe risks regulating the openness of decentralized finance. Kulechov shared an X thread on Friday expressing

South Africa’s Absa Becomes First Bank on the Continent to Custody Bitcoin: Report

Bitcoin Magazine

South Africa’s Absa Becomes First Bank on the Continent to Custody Bitcoin: Report
South African bank Absa has become the first African lender to custody bitcoin, according to reports.  As reported first by Bloomberg on Friday, the Johannesburg-based lender will serve institutional clients, mostly by custodying bitcoin — but other digital assets will also be a part of the service.  Banks worldwide are integrating or offering bitcoin-related products
This post South Africa’s Absa Becomes First Bank on the Continent to Custody Bitcoin: Report first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Price Surges Above $87,000 on Softer-Than-Expected Jobs Data

Bitcoin Magazine

Bitcoin Price Surges Above $87,000 on Softer-Than-Expected Jobs Data
The price of bitcoin surged above $87,000 on Friday morning in New York, buoyed by constant exchange-traded fund flows and a jobs report showing that unemployment in the U.S. had ticked up.  Bitcoin’s price recently stood at $85,990 after a 2% jump over a 24-hour period. Over the past week, it has also risen by
This post Bitcoin Price Surges Above $87,000 on Softer-Than-Expected Jobs Data first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Core Dev Peter Todd to Oversee MARA’s Private Mempool Service

Veteran Bitcoin Core contributor Peter Todd has joined the MARA Foundation as lead maintainer of Slipstream, the organization’s private Bitcoin mempool service for submitting transactions directly to MARA Pool. Todd Joins MARA Foundation Slipstream allows users to bypass Bitcoin’s public peer-to-peer relay network and send transactions straight to MARA’s mining pool. The service has become

Prediction Markets Hit $68B in a Month as Sportsbook Stocks Sink

Trading on sports prediction markets nearly doubled in the month football returned, while shares of the two biggest U.S. sportsbook operators fell to multi-year lows. Kalshi still dominates the market, though rivals are growing faster. A $68 Billion Month Combined notional volume in sports and combo contracts across the exchanges tracked by Aldrin Research rose

New York, Wyoming Crypto Deal Targets 6-Month Licensing Fast Track

New York and Wyoming are linking their separate crypto regulatory systems through a newly announced agreement. The arrangement connects New York’s virtual currency licensing framework with Wyoming’s digital asset oversight while retaining each jurisdiction’s existing powers. Crypto Firms Get a Path to Faster Interstate Reviews Crypto businesses expanding between New York and Wyoming could qualify

Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold

Bitcoin Magazine

Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold
Bitcoin miners hold the power and infrastructure AI needs. HIVE’s Frank Holmes explains how mining sites and former Ethereum GPUs are fueling the AI boom.
This post Frank Holmes: They Will Print $100 Trillion – Why to Buy Bitcoin & Gold first appeared on Bitcoin Magazine and is written by Patrick Green.

Nico Lechuga: Bitcoin Will Revolutionize the $4T Private Equity Industry

Bitcoin Magazine

Nico Lechuga: Bitcoin Will Revolutionize the $4T Private Equity Industry
Traditional PE flips companies on tight deadlines. Ego Death Capital’s Nico Lechuga explains how permanent capital and Bitcoin treasuries give founders a better choice.
This post Nico Lechuga: Bitcoin Will Revolutionize the $4T Private Equity Industry first appeared on Bitcoin Magazine and is written by Patrick Green.

Darius Dale: Will Global Liquidity Send Bitcoin Higher in 2027?

Bitcoin Magazine

Darius Dale: Will Global Liquidity Send Bitcoin Higher in 2027?
Darius Dale warns near-term liquidity tightening could trigger Bitcoin chop, but expects a major 12-to-18-month rally if liquidity returns in 2027.
This post Darius Dale: Will Global Liquidity Send Bitcoin Higher in 2027? first appeared on Bitcoin Magazine and is written by Patrick Green.

Animoca Brands’ Moca Chain Takes Aim at Digital Identity

The Moca Foundation and Moca Network have launched a decentralized blockchain that lets users and AI agents securely share verified credentials across applications. Decoupling Verification from Data Storage Moca Foundation and Moca Network, an Animoca Brands project, have launched a blockchain network allowing users to carry verified digital credentials across applications without repeatedly sharing their

Coinbase-Backed Base Gives Users More Control With Cobalt Upgrade

Base has launched Cobalt, its third major network upgrade, adding new transaction controls for traders and expanding tools for companies issuing tokens on the Coinbase-incubated Ethereum Layer 2 network. Base Debuts Transaction Controls The upgrade is now live on Base mainnet and centers on two areas: a new feature called “Validity Transactions” and enhancements to