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What is Bitcoin? You don’t know and you can’t explain it!

Bitcoin is digital gold.Bitcoin is an inflation hedge.Bitcoin is money.Bitcoin is a technology.Bitcoin is software.Bitcoin is hope.Bitcoin is an electrical system.Bitcoin is a heating system.The reality is that all of them are wrong, in the sense that all of them...

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Caitlyn Jenner Meme Coin Sows Confusion as Observers Question Its Provenance

A token launched on the Solana blockchain, apparently by U.S. celebrity Caitlyn Jenner, has left crypto market observers scratching their heads.Late Sunday, a post on Jenner’s X account said she had issued the JENNER token using the Solana token deployer...

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Trump Pledges to Free Silk Road Creator Ross Ulbricht If Re-Elected

Donald J. Trump has pledged to commute Silk Road founder Ross Ulbricht’s life sentence to time served if he’s re-elected president.“If you vote for me, on Day 1, I will commute the sentence of Ross Ulbricht to a sentence of...

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Binance Money Laundering Trial in Nigeria Pushed to June 20 Due to Executive’s Illness

A Nigerian court on Thursday adjourned the money laundering trial against Binance and two of its executives to June 20 as one of the executives was ill, a family spokesperson for the executives told CoinDesk.Tigran Gambaryan, a U.S. citizen and...

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Vitalik Buterin’s Ethereum Wallet Proposal, Scribbled in 22 Minutes, Gets Positive Reviews

After a technical proposal to improve Ethereum wallets met with some opposition, a familiar figure swooped in last week to devise an alternative: none other than Vitalik Buterin, the blockchain's co-founder.It reportedly took him 22 minutes.The origin of the story...

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National Emergency: Executive Order 6102 and the Heist of the Century

IntroductionNinety-one years ago today, President Franklin D. Roosevelt pulled off the greatest heist in American history.Unlike most robberies, this one was entirely legal. No safe-cracking was required; no ski masks, guns, or getaway cars. Just a pen and some White...

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OneCoin Compliance Chief Sentenced to 4 Years in Prison for Role in $4B Ponzi Scheme

OneCoin’s former head of legal and compliance was sentenced to four years in prison on Wednesday for her role in the infamous $4 billion crypto ponzi scheme.Instead of ensuring OneCoin was operating within legal and regulatory parameters, prosecutors say Bulgarian...

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MicroStrategy’s Saylor Offered to Buy Out Shareholders Before Buying Bitcoin

Michael Saylor faced obstacles before he successfully added Bitcoin to MicroStrategy's balance sheet in 2020. Speaking at the 2024 Abundance360 Summit this week, Saylor revealed how he offered to buy out MicroStrategy shareholders in a Dutch action when they moved...

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SBF Is Going to Prison for 25 Years

Sam Bankman-Fried is going to prison. He won't be spending time in a maximum security facility, and he'll be placed as close to his family in the San Francisco Bay Area as possible, but he's going to prison nonetheless –...

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Bitcoin on Wheels: The Story of Bitcoinetas

You may have seen that picture of Michael Saylor in a bitcoin-branded van, with a cheerful guy right next to the car door. This one: Ariel Aguilar and La Bitcoineta European Edition at BTC Prague. That car is the Bitcoineta...

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