August 21, 2024

Multisig bitcoin vault maker Theya announced yesterday it will enable US users to purchase bitcoin through their app and have it sent directly to self-custody via hardware wallets like Ledger, Trezor, Foundation and ColdCard or through its multisig vaults. This unique feature not only includes instant funding and low fees, but it removes the hassle of…

Bitcoin technology is impressive for just how many fundamental problems with money it solves. One advantage of bitcoin that is often touted is that it provides for final settlement of transactions. Final settlement means that, once a transaction is mined and enough subsequent transactions have been mined as well, it would take an infeasible amount of energy…

Miami-based Bitcoin startup TMRW has raised $1.3 million in pre-seed Funding to develop its social payments app powered by the Bitcoin Lightning Network. Maple VC led the funding round, and Bitcoin angel investors like Brad Mills joined the round. TMRW aims to leverage the Lightning Network’s speed and low costs to enable cross-border peer-to-peer payments via Lightspark and ZeroHash. The app uses…

The notorious Mt. Gox exchange has made its first major Bitcoin transaction in weeks, shifting over $700 million worth of BTC to unknown wallets. According to data tracked by Arkham Intelligence, Mt. Gox moved 12,000 BTC worth $709 million to one address and 1,265 BTC worth $75 million to another early Wednesday. The recipient addresses are unknown, sparking…

Seven individuals were arrested in Malaysia during a special operation targeting illegal bitcoin mining in Bandar Baru Salak Tinggi and Taman Putra Perdana. The operation, which involved coordinated efforts by law enforcement, focused on detecting and stopping bitcoin mining activities linked to electricity theft. The suspects, aged between 30 and 74, included three local men…