News 'Bitcoin Freedom Act' Introduced in Oklahoma The bill proposes allowing employees and vendors to conduct transactions in Bitcoin, presenting it as an alternative to the inflation-ridden U.S. dollar.
News DOJ Gets Court Approval to Sell 69,370 BTC Seized from Silk Road U.S. government has received an approval from the Northern District Court of California to liquidate 69,370 BTC from federal seizure, ending a four-year legal battle tied to the Silk Road marketplace.
News Canaan Introduces Avalon Mini 3 & Nano 3S Bitcoin Home Miners and Heaters Canaan announced the launch of the Avalon Mini 3 and Nano 3S at CES in Las Vegas, aiming to democratize Bitcoin mining and convert home heating systems into mining devices.
News Coinbase User Sentenced to Two Years for Bitcoin Tax Fraud to Surrender Access to $124 Million Bitcoin Fortune A Coinbase user sentenced to two years in prison for bitcoin tax fraud last month must surrender access to his $124 million bitcoin stash to secure $1 million in owed restitution, ruled a federal judge.
News AnchorWatch Launches in the U.S. for Customers Holding Between $250K & $100M in Bitcoin AnchorWatch is a pioneering insurance provider specializing in collaborative bitcoin custody. It combines the advanced security features of Trident Vault with insurance from Lloyd's of London syndicates. The service is currently available for retail and commercial customers in the United States.
News JAN3 Raises $5M Seed Round for AQUA Wallet Development JAN3 has completed a $5 million seed round, led by Fulgur Ventures, with participation from Grupo Salinas, Tether, Lightning Ventures, East Ventures, Plan B Fund, Bitcoin Opportunity Fund, and NYDIG.
News U.S. Appeals Court Strikes Down Net Neutrality Rules A federal appeals court overturned the FCC's net neutrality rules that prohibited internet service providers from throttling, blocking content, or charging more for delivery. The ruling cited the recent overturning of Chevron deference, reducing agencies' ability to interpret ambiguous federal law.
News Multicoin Wallet Tangem Fixes Bug Exposing User Private Keys Multicoin wallet provider Tangem has addressed a significant vulnerability in its mobile app that exposed users' private keys through support emails.
News IRS Delays Bitcoin Cost-Basis Reporting Rules Until 2026 The U.S. Internal Revenue Service announced that it has delayed new bitcoin tax reporting rules until early 2026. This extension provides brokers with additional time to adjust to the cost basis regulations for centralized platforms.
News Enforcement of US Corporate Transparency Act Blocked Again Following Court Reversal A Fifth Circuit panel reinstated a nationwide injunction against the Corporate Transparency Act (CTA) just three days after another panel lifted it, causing additional confusion concerning compliance with the controversial law.
News Industry Groups Sue IRS Over New KYC 'Broker Rules' for 'DeFi Front-End Services' The Blockchain Association, DeFi Education Fund, and Texas Blockchain Council are suing the IRS to block the latest midnight rulemaking requiring "DeFi entities offering front-end services" to track and report customer information.
News Russia Enacts 6-Year Blanket Ban on Bitcoin Mining in 10 Regions The Russian government approved a six-year ban on Bitcoin mining in 10 regions, starting January 1, 2025. The ban will remain effective until March 15, 2031.