News

El Salvador finalized a four-year $1.4bn IMF deal strained by its Bitcoin adoption. It makes bitcoin use voluntary for the private sector, limits public sector bitcoin activities, and phases out government involvement in the Chivo wallet. It may also unlock extra $3.5bn in development bank funds.

The Samourai Wallet case pretrial hearing has been postponed to March 12, 2025, due to an increased volume of discovery, as the prosecution has added two additional discovery batches since September. The trial is now scheduled for November 3, 2025.

Foundation has introduced Passport Prime, a personal security platform and signing device aimed at both first-time and experienced users that comes with hardware wallet multi-factor authenticator, encrypted flash drive, and secure app platform.

Projects included in this wave of funding are AlgoRelay, Pokey, Nostr Safebox, Persian NIPs, and LumiLumi.

An early bitcoin investor from Austin, Texas, has been sentenced to two years in prison for intentionally underreporting capital gains from the sale of $3.7 million worth of bitcoin.

U.S.-based Bitcoin ATM operator Byte Federal has reported a data breach that may have compromised the personal information of approximately 58,000 customers.

The Czech Republic has passed a law that exempts Bitcoin holdings held for more than three years from capital gains tax. This legislation received unanimous approval from the nation's parliament on December 6 and is set to take effect on January 1, 2025.

Bitmain, a leading Bitcoin mining hardware manufacturer, has launched a new production facility in the United States. This strategic initiative aims to reduce delays caused by customs issues and address rising trade tensions between the United States and China.

A vulnerability in the WabiSabi protocol allows malicious coordinators to deanonymize users' coins and link inputs to outputs, compromising the privacy of coinjoin participants. Users are urged to update their instances immediately.

A Texas federal court preliminarily blocked the nationwide implementation of the Corporate Transparency Act, which mandates US business entities to report stakeholder information to the Treasury Department.

This week, the FBI, the U.S. Cybersecurity Infrastructure Security Agency (CISA), along with partner agencies from New Zealand, Australia, and Canada, began promoting the use of end-to-end encrypted (E2EE) communications.

Coinbase, the largest cryptocurrency exchange in the United States, has faced significant online backlash in recent days following an executive's social media statement advising all users against using the platform with VPNs, ad blockers, and related extensions.