#Ontario Superior Court of inJustice asked nunchuk.io, a #Bitcoin #wallet provider, to disclose user information and FREEZE user’s Bitcoin
Nunchuk responded
Nunchuk responded
"For years, Bitcoin wallet Wasabi has led its users to believe its crypto mixing service was private and untraceable."
Turns out, blockchain analytics unit Chainalysis could de-anonymize Wasabi’s mixer with open source techniques.
Experts have known about a flaw in peelchain-centric designs since July 2019. A member of Samourai described how he could trace 10 BTC ($389,000) through Wasabi’s mixing process.
According to Bitcoin developer LaurentMT, anyone interested in tracing Wasabi’s mixed coins could do so without advanced tools. Chainalysis simply used a public flaw in the Wasabi mixing service."
https://protos.com/bitcoin-mixing-coinjoin-wasabi-chainalysis-samourai-privacy-wallet/
#crypto #btc #bitcoin @UnchainedInnovations
Turns out, blockchain analytics unit Chainalysis could de-anonymize Wasabi’s mixer with open source techniques.
Experts have known about a flaw in peelchain-centric designs since July 2019. A member of Samourai described how he could trace 10 BTC ($389,000) through Wasabi’s mixing process.
According to Bitcoin developer LaurentMT, anyone interested in tracing Wasabi’s mixed coins could do so without advanced tools. Chainalysis simply used a public flaw in the Wasabi mixing service."
https://protos.com/bitcoin-mixing-coinjoin-wasabi-chainalysis-samourai-privacy-wallet/
#crypto #btc #bitcoin @UnchainedInnovations
Protos
US government spooks have cracked ‘anonymous’ Bitcoin wallet Wasabi
For years, Wasabi claimed its Bitcoin mixing service was private and untraceable. But Chainalysis can track funds with simple techniques.
A single change in Bitcoin's coding could reduce its carbon footprint by 99%, say campaigners
Bitcoin's energy consumption could be vastly reduced by a single change to the cryptocurrency's programming, a new campaign backed by Greenpeace USA and the billionaire founder of the Ripple cryptocurrency, Chris Larsen, has claimed.
https://www.euronews.com/next/2022/03/29/a-single-change-in-bitcoin-coding-could-reduce-its-carbon-footprint-by-99-say-campaigners
#btc #bitcoin #crypto #ripple #greenpeace
Bitcoin's energy consumption could be vastly reduced by a single change to the cryptocurrency's programming, a new campaign backed by Greenpeace USA and the billionaire founder of the Ripple cryptocurrency, Chris Larsen, has claimed.
https://www.euronews.com/next/2022/03/29/a-single-change-in-bitcoin-coding-could-reduce-its-carbon-footprint-by-99-say-campaigners
#btc #bitcoin #crypto #ripple #greenpeace
euronews
Can a single software change really 'clean up Bitcoin'?
Greenpeace and Ripple’s founder are urging Elon Musk and Jack Dorsey to help ‘clean up Bitcoin’ in a campaign to change the way the crypto is mined.
Behind closed doors, EU officials talk about banning Bitcoin
Crypto’s voracious appetite for electricity is causing alarm in Brussels. Behind closed doors, the European Commission and the German government are talking about countermeasures. Newly released documents show how the EU could ban Bitcoin.
For its fans, Bitcoin is the money of the future and the basis of a new economic system: digital and without central control. Anyone who wants to can join in. That’s because the network that runs Bitcoin is decentralized and runs on thousands of devices around the world. All it needs is an Internet connection, a computer and electricity.
But it is precisely the latter, Bitcoin’s hunger for energy, that is becoming a global problem. Instead of ordinary computers, crypto miners are using specialized high-performance devices, so-called ASICs. These are necessary to solve the complicated cryptographic problems that Bitcoin uses to protect itself against manipulation.
Critics consider this the currency’s Achilles‘ heel. U.S. Treasury Secretary Janet Yellen has said that Bitcoin is „extremely inefficient“ and consumes „staggering“ amounts of electricity.
Amid the Ukraine war and rising energy prices, this criticism seems pressing. While Ethereum, the second-largest cryptocurrency after Bitcoin, wants to switch to the much more frugal proof-of-stake method, such a switch is unlikely for Bitcoin. That’s because the decentralized structure that makes Bitcoin attractive to its fans makes updates nearly impossible.
Bitcoin consumes around 130 terawatt-hours of electricity annually, researchers at the University of Cambridge estimate in their Bitcoin Electricity Consumption Index. They expect that figure to rise. By comparison, the whole of Germany consumed around 488 terawatt hours of electricity in 2020. Even though this is only a rough estimate, few experts doubt that Bitcoin and other cryptocurrencies consume immense amounts of electricity.
Warnings that crypto could become a driver of climate change are causing unease among officials in Berlin and Brussels. Behind closed doors, the European Commission and the German government are considering a ban on bitcoin mining and trading in the cryptocurrency, according to documents unearthed by netzpolitik.org.
https://netzpolitik.org/2022/climate-measures-behind-closed-doors-eu-officials-talk-about-banning-bitcoin/
#eu #climate #measures #bitcoin
Crypto’s voracious appetite for electricity is causing alarm in Brussels. Behind closed doors, the European Commission and the German government are talking about countermeasures. Newly released documents show how the EU could ban Bitcoin.
For its fans, Bitcoin is the money of the future and the basis of a new economic system: digital and without central control. Anyone who wants to can join in. That’s because the network that runs Bitcoin is decentralized and runs on thousands of devices around the world. All it needs is an Internet connection, a computer and electricity.
But it is precisely the latter, Bitcoin’s hunger for energy, that is becoming a global problem. Instead of ordinary computers, crypto miners are using specialized high-performance devices, so-called ASICs. These are necessary to solve the complicated cryptographic problems that Bitcoin uses to protect itself against manipulation.
Critics consider this the currency’s Achilles‘ heel. U.S. Treasury Secretary Janet Yellen has said that Bitcoin is „extremely inefficient“ and consumes „staggering“ amounts of electricity.
Amid the Ukraine war and rising energy prices, this criticism seems pressing. While Ethereum, the second-largest cryptocurrency after Bitcoin, wants to switch to the much more frugal proof-of-stake method, such a switch is unlikely for Bitcoin. That’s because the decentralized structure that makes Bitcoin attractive to its fans makes updates nearly impossible.
Bitcoin consumes around 130 terawatt-hours of electricity annually, researchers at the University of Cambridge estimate in their Bitcoin Electricity Consumption Index. They expect that figure to rise. By comparison, the whole of Germany consumed around 488 terawatt hours of electricity in 2020. Even though this is only a rough estimate, few experts doubt that Bitcoin and other cryptocurrencies consume immense amounts of electricity.
Warnings that crypto could become a driver of climate change are causing unease among officials in Berlin and Brussels. Behind closed doors, the European Commission and the German government are considering a ban on bitcoin mining and trading in the cryptocurrency, according to documents unearthed by netzpolitik.org.
https://netzpolitik.org/2022/climate-measures-behind-closed-doors-eu-officials-talk-about-banning-bitcoin/
#eu #climate #measures #bitcoin
netzpolitik.org
Climate measures: Behind closed doors, EU officials talk about banning Bitcoin
Crypto's voracious appetite for electricity is causing alarm in Brussels. Behind closed doors, the European Commission and the German government are talking about countermeasures. We publish documents that show how the EU could ban Bitcoin.
Russia One Step Closer To Using Bitcoin, Crypto In International Trade
The Russian Ministry of Finance and its central bank have agreed on a draft bill allowing bitcoin and cryptocurrency payments for international trade settlements, per a report from Russian news outlet Tass.
https://www.zerohedge.com/crypto/russia-one-step-closer-using-bitcoin-crypto-international-trade
#bitcoin #crypto #legaltender
The Russian Ministry of Finance and its central bank have agreed on a draft bill allowing bitcoin and cryptocurrency payments for international trade settlements, per a report from Russian news outlet Tass.
https://www.zerohedge.com/crypto/russia-one-step-closer-using-bitcoin-crypto-international-trade
#bitcoin #crypto #legaltender
ZeroHedge
Russia One Step Closer To Using Bitcoin, Crypto In International Trade
A draft bill has been agreed upon...
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#btc is #nsa
Related Infos and documents:
https://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
https://web.archive.org/web/19970711091814/http://www.ffhsj.com/bancmail/21starch/961017.htm
https://en.wikipedia.org/wiki/Fried,_Frank,_Harris,_Shriver_%26_Jacobson
https://bitcointalk.org/index.php?topic=235289.0
#Bitcoin
Related Infos and documents:
https://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm
https://web.archive.org/web/19970711091814/http://www.ffhsj.com/bancmail/21starch/961017.htm
https://en.wikipedia.org/wiki/Fried,_Frank,_Harris,_Shriver_%26_Jacobson
https://bitcointalk.org/index.php?topic=235289.0
#Bitcoin
Media is too big
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#BlackRock's Next Plans Will SHOCK the World - Whitney Webb #Bitcoin Prediction
https://www.youtube.com/watch?v=xxjAxcXxy_8
https://www.youtube.com/watch?v=xxjAxcXxy_8
Forwarded from Geopolitics & Empire
Something huge is brewing.
Here is Augustin Carstens, head of the BIS, talking about a "unified ledger" as the "north star" and even calling for a "Neil Armstrong" moment.
Many other central bankers have started to talk about this.
At the same time the word #Bitcoin is never mentioned in these debates among central bankers, treated like Voldemort.
Two options:
Either the global central bankers know full well that they have been technologically outflanked by #Bitcoin and are now desperately trying to implement some of its core features (like a "unified ledger") in order to stay relevant.
Or they are just a bunch of overpaid, clueless bureaucrats who really have convinced themselves that horses are great, people will never buy cars and all they need to do to ensure this is to breed slightly faster horses. https://twitter.com/NikoJilch/status/1775912051807793510
Here is Augustin Carstens, head of the BIS, talking about a "unified ledger" as the "north star" and even calling for a "Neil Armstrong" moment.
Many other central bankers have started to talk about this.
At the same time the word #Bitcoin is never mentioned in these debates among central bankers, treated like Voldemort.
Two options:
Either the global central bankers know full well that they have been technologically outflanked by #Bitcoin and are now desperately trying to implement some of its core features (like a "unified ledger") in order to stay relevant.
Or they are just a bunch of overpaid, clueless bureaucrats who really have convinced themselves that horses are great, people will never buy cars and all they need to do to ensure this is to breed slightly faster horses. https://twitter.com/NikoJilch/status/1775912051807793510
X (formerly Twitter)
Niko Jilch ⚡️ (@NikoJilch) on X
Something huge is brewing.
Here is Augustin Carstens, head of the BIS, talking about a "unified ledger" as the "north star" and even calling for a "Neil Armstrong" moment.
Many other central bankers have started to talk about this.
At the same time the…
Here is Augustin Carstens, head of the BIS, talking about a "unified ledger" as the "north star" and even calling for a "Neil Armstrong" moment.
Many other central bankers have started to talk about this.
At the same time the…
Forwarded from The Last American Vagabond
https://www.thelastamericanvagabond.com/co-opting-freedom-bitcoin-trump-ai/
Co-opting Freedom: The Bitcoin Sleight Of Hand & The New AI Control Structure https://www.thelastamericanvagabond.com/co-opting-freedom-bitcoin-trump-ai/ #IndependentMediaAlliance #IMA #Bitcoin #ArtificialIntelligence #DonaldTrump
Co-opting Freedom: The Bitcoin Sleight Of Hand & The New AI Control Structure https://www.thelastamericanvagabond.com/co-opting-freedom-bitcoin-trump-ai/ #IndependentMediaAlliance #IMA #Bitcoin #ArtificialIntelligence #DonaldTrump
The Last American Vagabond
Co-opting Freedom: The Bitcoin Sleight Of Hand & The New AI Control Structure
Podcast: Play in new window | Download | EmbedSubscribe: Apple Podcasts | Email | RSSToday the Independent Media Alliance brings you a panel focusing on the overlap of three main topics; the incoming Trump administration, Bitcoin as a potential strategic…
Tucker Carlson On X December 10, 2024
Roger Ver is facing life in prison for revealing how the US government worked secretly to subvert cryptocurrency and prevent economic freedom. More people should hear this story.
0:00 Roger Ver Facing Extradition
7:49 The Hijacking of #Bitcoin
12:18 How the Government Tracks Your Every Transaction
26:26 Who Is Satoshi?
27:13 Why Ver Chooses to Speak Out
38:19 Ver’s Experience in a Spanish Prison
Roger Ver is facing life in prison for revealing how the US government worked secretly to subvert cryptocurrency and prevent economic freedom. More people should hear this story.
0:00 Roger Ver Facing Extradition
7:49 The Hijacking of #Bitcoin
12:18 How the Government Tracks Your Every Transaction
26:26 Who Is Satoshi?
27:13 Why Ver Chooses to Speak Out
38:19 Ver’s Experience in a Spanish Prison
BITCOIN BAILOUT: Why a #Bitcoin Strategic Reserve Is a Bailout of the Big Boys
Contents:
1. What Is Bitcoin?
2. How Many Americans Own Bitcoin?
3. How Many Bitcoin Can Be Created?
4. Who Maintains the Bitcoin Blockchain?
5. Who Owns Bitcoin?
6. How Has Bitcoin Been Marketed?
7. Who Is Proposing the Creation of Bitcoin Strategic Reserves?
8. Cui Bono? The Bailout of the Big Boys
9. How Can I Learn More?
Full Report: https://home.solari.com/bitcoin-bailout-why-a-bitcoin-strategic-reserve-is-a-bailout-of-the-big-boys/
Subscribe to Solari | Follow @solarireport
Contents:
1. What Is Bitcoin?
2. How Many Americans Own Bitcoin?
3. How Many Bitcoin Can Be Created?
4. Who Maintains the Bitcoin Blockchain?
5. Who Owns Bitcoin?
6. How Has Bitcoin Been Marketed?
7. Who Is Proposing the Creation of Bitcoin Strategic Reserves?
8. Cui Bono? The Bailout of the Big Boys
9. How Can I Learn More?
Full Report: https://home.solari.com/bitcoin-bailout-why-a-bitcoin-strategic-reserve-is-a-bailout-of-the-big-boys/
Subscribe to Solari | Follow @solarireport
El Salvadoran President Nayib Bukele: Communist Palestinian Converted to an Evangelical Zionist Christian | Health Impact News
The President of El Salvador, Nayib Bukele, is a Palestinian and former member of the Communist Party in #ElSalvador, but is now an #EvangelicalZionistChristian with strong ties to #Israel.
In 2021, El Salvador became the first country in the world to adopt #Bitcoin as "legal tender."
Before #Trump took office, there was a lot of chatter about developing a federal "Bitcoin reserve" in the United States.
However, the emphasis is now on stablecoins, with the Trump family recently starting their own #stablecoin #cryptocurrency network.
The largest current stablecoin in the world, however, is #Tether, which is operated by Trump's Commerce Secretary Howard Lutnik's firm, which just recently moved its headquarters to, get ready for it: El Salvador.
Via @healthimpact
The President of El Salvador, Nayib Bukele, is a Palestinian and former member of the Communist Party in #ElSalvador, but is now an #EvangelicalZionistChristian with strong ties to #Israel.
In 2021, El Salvador became the first country in the world to adopt #Bitcoin as "legal tender."
Before #Trump took office, there was a lot of chatter about developing a federal "Bitcoin reserve" in the United States.
However, the emphasis is now on stablecoins, with the Trump family recently starting their own #stablecoin #cryptocurrency network.
The largest current stablecoin in the world, however, is #Tether, which is operated by Trump's Commerce Secretary Howard Lutnik's firm, which just recently moved its headquarters to, get ready for it: El Salvador.
Via @healthimpact
Now that bitcoin has passed the $100,000 mark, let's roll up our sleeves and get to work answering the question everyone is asking: what the hell is going on with #bitcoin?
via @CorbettReport https://ift.tt/O6t3YoH
via @CorbettReport https://ift.tt/O6t3YoH
corbettreport.com
Bitcoin $100,000: What Does It Mean?
Happy Bitcoin Pizza Day, everybody! . . . You do know about Bitcoin Pizza Day, don’t you? On May
NoGoolag
Photo
"Child abuse imagery found within bitcoin's blockchain" - Samuel Gibbs, Guardian, 20MAR2018
>Researchers from the RWTH Aachen University, Germany found that around 1,600 files were currently stored in bitcoin’s blockchain. Of the files least eight were of sexual content, including one thought to be an image of child abuse and two that contain 274 links to child abuse content, 142 of which link to dark web services.
>“Our analysis shows that certain content, eg, illegal pornography, can render the mere possession of a blockchain illegal,” . “Although court rulings do not yet exist, legislative texts from countries such as Germany, the UK, or the USA suggest that illegal content such as CSAM can make the blockchain illegal to possess for all users.”
>While the spending of #bitcoin does not necessarily require a copy of the #blockchain to facilitate, some processes, such as some mining techniques, require the downloading of the full blockchain or chunks of it.
https://archive.ph/P3NJG
#Crypto #btc
@sciencecringe
>Researchers from the RWTH Aachen University, Germany found that around 1,600 files were currently stored in bitcoin’s blockchain. Of the files least eight were of sexual content, including one thought to be an image of child abuse and two that contain 274 links to child abuse content, 142 of which link to dark web services.
>“Our analysis shows that certain content, eg, illegal pornography, can render the mere possession of a blockchain illegal,” . “Although court rulings do not yet exist, legislative texts from countries such as Germany, the UK, or the USA suggest that illegal content such as CSAM can make the blockchain illegal to possess for all users.”
>While the spending of #bitcoin does not necessarily require a copy of the #blockchain to facilitate, some processes, such as some mining techniques, require the downloading of the full blockchain or chunks of it.
https://archive.ph/P3NJG
#Crypto #btc
@sciencecringe
archive.ph
Child abuse imagery found within bitcoin's blockchain | Bitcoin | The…
archived 11 Feb 2021 23:56:54 UTC
#Bitcoin's big secret: How #cryptocurrency became law enforcement's secret weapon
https://bitwarden.com/blog/how-cryptocurrency-became-law-enforcements-secret-weapon/
Comments
#btc #cops #stalking #surveillance
https://bitwarden.com/blog/how-cryptocurrency-became-law-enforcements-secret-weapon/
Comments
#btc #cops #stalking #surveillance
Bitwarden
Bitcoin's big secret: How cryptocurrency became law enforcement's secret weapon | Bitwarden
WIRED's Andy Greenberg discusses a revelation that turned his decades-long reporting on its head: Bitcoin became a criminal's worst nightmare.
The Chain
A forensic investigation on the major movers and shakers of the cryptocurrency industry that explores the people, businesses, investments, patents, and infrastructure behind the blockchain and the oncoming new financial system.
https://unlimitedhangout.com/the-chain/
#btc #bitcoin #blockchain #crypto
A forensic investigation on the major movers and shakers of the cryptocurrency industry that explores the people, businesses, investments, patents, and infrastructure behind the blockchain and the oncoming new financial system.
https://unlimitedhangout.com/the-chain/
#btc #bitcoin #blockchain #crypto
Media is too big
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#Crypto #Privacy Is Being Outlawed — Starting Here
Keonne Rodriguez, co-founder of Samourai #Wallet, is the first U.S. developer prosecuted for writing open-source #Bitcoin privacy tools — a case that now defines whether Americans have the right to private digital transactions. Support Keonne and Bill: https://www.billandkeonne.org/
https://www.youtube.com/watch?v=IUFovSnhiis
Keonne Rodriguez, co-founder of Samourai #Wallet, is the first U.S. developer prosecuted for writing open-source #Bitcoin privacy tools — a case that now defines whether Americans have the right to private digital transactions. Support Keonne and Bill: https://www.billandkeonne.org/
https://www.youtube.com/watch?v=IUFovSnhiis