Recently a big snafu was made about changes to the BIP 85 repository. For those not familiar with the BIP, it’s a very simple scheme to allow generating new word seeds from a derivation path in a pre-existing word seed that you have. The logic of the BIP is to enable people who utilize multiple wallets to manage the chaos of having to maintain individual isolated backups for numerous wallets.

By generating new seeds based on the entropy of a derivation path,…

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21Shares AG is advocating for the European Securities and Markets Authority to standardize regulations for crypto assets in UCITS funds, aiming to simplify the landscape for both retail and institutional investors. This push for a consistent regulatory framework across EU member states seeks to remedy the current disparities that obscure investment choices and potentially compromise investor protection.

The company stresses that establishing clear guidelines for crypto exposure would match the levels of investor safety seen in other major markets, like the US and Hong Kong, which have already integrated Bitcoin and Ethereum ETFs. Mandy Chiu of 21Shares emphasizes the need for a unified approach to bolster Europe’s position in financial innovation and ensure robust market stability and growth.

By aligning crypto asset regulations, Europe can enhance portfolio diversification opportunities in a regulated setting, promoting transparency and reducing risks associated with non-regulated venues. The swift adoption of such measures is crucial to maintaining competitiveness on the global stage and meeting investor demands for accessible, secure crypto investments.

Source

The smell of fall in the air, this weekend I indulged in apple delicacies, watched the changing leaves, and oh yeah, traveled to make sure my Bitcoin custody is up to date…

If you follow me on X, you know that I hold Bitcoin with Casa, a multisig security provider, and that I use the service to manage a few different multisig vaults for various purposes.

This requires keeping a number of keys and wallets up to date, and since I don’t keep any key materials at home, it requires some degree of routine and dedication. 

I’ve self-custodied my Bitcoin since 2020, and…

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The other week, I made my opinion clear that I believe Donald Trump is the best candidate for Bitcoin in the upcoming 2024 presidential election. Aaron responded, and after reading it, I feel he’s still missing the bigger picture. Aaron’s main points seem to be that Trump is just using Bitcoiners for their votes, and that he won’t follow through on his promises.

While I partly agree with the former point, I disagree with the latter. Contrary to what I’ve seen some Bitcoiners online say, I do not think Trump has to be a hardcore Bitcoin…

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