Ethereum News Daily Official TheBitTimes.com

U.S. Space Force Major Jason Lowery has presented a fresh perspective on Bitcoin, emphasizing its potential impact in areas beyond financial applications, notably in national defense and cybersecurity. Lowery, in a detailed letter to the U.S. Defense Innovation Board on Dec. 2, highlighted the potential strategic importance of Bitcoin beyond its common perception as a monetary system. BREAKING: US Space Force Major, Jason Lowery sends open letter about #Bitcoin to DOD’s Defense Innovation Board. “I contend that reusable proof-of-work networks like #Bitcoin represent an offset strategy for the 21st century.” pic.twitter.com/qiLZ71S5MN — Dennis Porter (@Dennis_Porter_) December 3, 2023 Lowery argues that Bitcoin’s capability extends to securing various forms of data, messages, and command signals. This aspect, often overlooked, could significantly contribute to the country’s cybersecurity infrastructure. He emphasized the need for the Defense Innovation Board to...

An inter national operation has taken down Chipmixer, a cryptocurrency mixing service that allegedly laundered more than $3 billion worth of cryptocurrency, according to the U.S. Department of Justice (DOJ). The operation involved national authorities in the U.S., Germany, Belgium, Poland, and Switzerland — with Europol’s support. International Operation Takes Down Chipmixer The U.S. Department of Justice (DOJ) announced Wednesday “a coordinated inter national takedown of Chipmixer,” which it described as “a darknet cryptocurrency ‘mixing’ service responsible for laundering more than $3 billion worth of cryptocurrency.” Europol, which provided support for the operation to take down the mixing service, independently announced: National authorities took down the infrastructure of the platform for its alleged involvement in money laundering activities and seized four servers, about 1909.4 bitcoins in 55 transactions (approx. EUR...