Layer 1
The original cryptocurrency and proof-of-work blockchain.
A peer-to-peer electronic cash system launched in 2009. Proof-of-work mining secures a UTXO ledger with a fixed 21 million coin supply; Script, SegWit and Taproot enable programmable spending conditions, and the Lightning Network adds fast off-chain payments.
BitcoinBeginnerAs the internet evolves, the connection between Blockchain and Web3 is becoming increasingly important. Blockchain is the technology behind cryptocurrencies like Bitcoin, while Web3 represents the next stage of the internet, one that aims to be more decentralized and user-focused. What is…
#crypto#defi#web3
BitcoinBeginnerBitcoin investors who bet on prices going up were hit hard in the past 24 hours. The world’s largest cryptocurrency dipped nearly 3%, coming dangerously close to retesting the $100,000 mark, just days after setting a new all-time high. The sudden drop happened as tensions flared between former…
#bitcoin-price#crypto#donald-trump
BitcoinBeginnerThe U.S. Department of Justice is taking firm action against a complex money-laundering operation allegedly run by North Korean IT workers. According to a civil forfeiture complaint filed on June 5 in Washington, D.C., nearly $7.74 million worth of cryptocurrency and NFTs are being targeted for…
#court#crypto#north-korea
BitcoinBeginnerU.S. Securities and Exchange Commission (SEC) Chair Paul Atkins has announced a shift in the agency’s approach to cryptocurrency regulation. In a recent Senate subcommittee meeting, Atkins emphasized that the SEC would move away from “regulation by enforcement” and instead adopt a “notice and…
#crypto#grayscale#sec
BitcoinBeginnerAustralia is tightening its grip on cryptocurrency ATMs in response to a surge in scams targeting older citizens. The Australian Transaction Reports and Analysis Centre (AUSTRAC) has introduced an AU$ $5,000 (approximately US$3,250) limit on cash deposits and withdrawals at crypto ATMs. This move…
#altcoin#atm#australia
BitcoinBeginnerThe U.S. Treasury’s Office of Foreign Assets Control (OFAC) has said sanctions on Funnull Technology Inc., a Philippines-based tech firm, and its alleged administrator, Chinese national Liu Lizhi. The firm is accused of providing critical infrastructure to thousands of fraudulent crypto websites,…
#crypto#scam#united-states
BitcoinBeginnerNew York City Mayor Eric Adams is intensifying his push to make the city a global hub for cryptocurrency. Speaking at the Bitcoin 2025 conference, Adams announced plans to introduce a municipal bond backed by Bitcoin, dubbed a “Bitbond.” This financial instrument aims to provide Bitcoin holders…
#crypto#government#new-york
BitcoinBeginnerNorwegian crypto brokerage K33 has announced the successful raising of 60 million Swedish krona (approximately $6.2 million) to establish a Bitcoin treasury. The funds, secured through a mix of interest-free convertible loans and a new issuance of shares and warrants, are earmarked entirely for…
#crypto#european#finance
BitcoinBeginnerNew York City Mayor Eric Adams has announced the formation of a digital advisory council aimed at positioning the city as the “crypto capital of the globe.” Speaking at the inaugural New York City Crypto Summit on May 20, Adams emphasized that the initiative is not about following fleeting trends…
#crypto#new-york#tokenization
BitcoinBeginnerGenesis, the bankrupt crypto lender, has filed two lawsuits against its parent company, Digital Currency Group (DCG), and DCG CEO Barry Silbert. The allegations? Fraud, reckless mismanagement, and siphoning off more than $1 billion in value, much of it, according to the lawsuits, at the expense of…
#crypto#united-states
BitcoinBeginnerIndonesia’s DigiAsia Corp has announced plans to raise $100 million to initiate its Bitcoin investment strategy. The Jakarta-based fintech firm, listed on Nasdaq, said on May 19 that its board has approved the creation of a Bitcoin treasury reserve, committing up to 50% of its net profits to…
#crypto#indonesian
