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"We are very excited to award a Long-term Support Grant to René Pickhardt, helping him continue his fundamental research on improving Bitcoin’s overall usefulness as a payment system through the Lightning Network."

26 bitcoin companies signed a legal response to the U.S. Department of the Treasury and FinCEN’s proposed rules that would seriously harm privacy by effectively prohibiting basic bitcoin best practices such as not reusing addresses and collaborative bitcoin transactions.

"On January 17, 2024, the third-party support ticketing portal we use encountered unauthorized access. Potentially impacted data are limited to user emails and names/nicknames that contacted our customer support team."

"Tether recently acquired an additional 8,888 bitcoins, increasing its total holdings to about 66,465 BTC. The current value of these bitcoins is about $2.8 billion," reported The Block.

"Bondo is a scattered cluster of villages in a remote region of Malawi near the border with Mozambique. Unlike in most places in this impoverished country, when night descends they can now switch on lights, stoves and televisions in their homes."

The European Council and Parliament reached a provisional agreement that would cover 'most of crypto sector' and would require firms to conduct even more surveillance on their customers.

"70+ grants later, we have our first twofer. It goes to Dan Gould and Esraa, two devs working to improve PayJoin, which allows parties transacting in bitcoin to coordinate payments before posting to the blockchain without third-party intermediaries," Spiral announced.

“Online gambling platforms, and especially those that are operating illegally, have emerged as among the most popular vehicles for cryptocurrency-based money launderers, particularly for those using Tether or USDT on the TRON blockchain,” said the report by the UN Office on Drugs and Crime (UNOD).

The firm's restructuring plan trims about $400 million in debt from its balance sheet and fully repays company creditors thanks to a turnaround in Bitcoin prices over the last year, reported Bloomberg.

The Treasury Department and Internal Revenue Service issued an announcement informing businesses that they do not have to report the receipt of digital assets the same way as they must report the receipt of cash until Treasury and IRS issue regulations.

Bitcoin consulting service and hardware store Bitsaga.be has been deplatformed by payment processor Stripe for offering Bitcoin mining equipment on its site.

Google and Apple pulled many cryptocurrency exchanges, including Binance and Kraken, from their App Stores in India last week, less less than two weeks after most of these global firms were flagged for operating “illegally” in the country.