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lightning

Jack Mallers

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Brazil's crackdown on Elon Musk’s X is intensifying, with Supreme Court Judge Alexandre de Moraes mandating the "immediate and complete suspension" of the social media platform unless it adheres to all court orders. The judge has also warned that individuals or businesses using virtual private networks (VPNs) to access X will face daily fines of R$50,000 ($8,900).
The conflict between X and Brazil began in April when Judge de Moraes ordered the suspension of numerous X accounts for alleged disinformation, according to a BBC report. X refused to comply, with Tesla CEO Elon Musk pointing out that some of the accounts targeted included sitting members of the Brazilian parliament and many journalists.
On its X Global Government Affairs account, the social media platform detailed that when it sought to defend its position in Brazilian court, Judge de Moraes threatened imprisonment for its legal representative. Despite the representative resigning, her bank accounts were still frozen.
X stated, "When we tried to defend ourselves in court, Judge de Moraes threatened our Brazilian legal representative with imprisonment. Even after her resignation, he froze all her bank accounts. Our attempts to challenge his clearly unlawful actions were either dismissed or ignored. Judge de Moraes’ colleagues on the Supreme Court seem unwilling or unable to confront him."
According to a Reuters report, Brazil’s telecommunications agency is moving forward with the suspension of X in the country. Judge de Moraes has also given companies like Apple and Google five days to remove X from their app stores and block access to the platform on iOS and Android devices.
![](https://m.stacker.news/49329)

Brazil's crackdown on Elon Musk’s X is intensifying, with Supreme Court Judge

Learning @ Chaincode Labs

Olympus by ZEUS, into Alby Hub (@Alby)

DVMDash v0.1: Monitoring and Debugging Tool for DVMs

The long-term goals of DVMDash are to provide a centralized view of the DVM ecosystem using metrics and graphs, and to offer real-time tools for developers to monitor, debug, and improve their DVMs.

DVMDash v0.1: Monitoring and Debugging Tool for DVMs

Release v2.1.1 - Nothing Special · BoltzExchange/boltz-client

No Bullshit Bitcoin (2022)

Good Morning, Bitcoin - Monday, August 12th, 2024

Putin Signs Law Legalizing Cryptocurrency Mining in Russia
"Russian President Vladimir Putin has officially signed a law that legalizes cryptocurrency mining in Russia. According to a report by Russian news agency TASS, the law introduces several key concepts, including digital currency mining, mining pools, and mining infrastructure operators."

bitcoinmagazine.com

 "The biggest new feature is the ability of guardians to change their API endpoint in case they lost access to their domain or want to move for other reasons. Users will automatically receive cryptographically signed announcements and use the new API URL from then on."

Fedimint v0.4.0: Changing Peer DNS Names, Wallet Client Module Rewrite

Política Monetária Perfeita do Banco Central do BTC | Instituto Satoshi Nakamoto

- Finish Migration/Refactor Code, PIN, Settings, Docs, Code Reviews (PRs), Clean up, bugs & others (@psycarlo)
- Migration, Refactor, Best Practices & Guidelines, Tests & Documentation (@psycarlo)
- UTXO data storage, selected UTXOs header shared component, UTXO listing, transaction listing pr review updates, pr reviews and dev management (@tmakerman)
- Bubble chart UTXO visualisation, Zooming in/out, Panning, Sharp and clear visualisation even when zooming-in (@umar)
- Enable double tap and pinching anywhere in UTXO bubbles, decay animations when panning, labels animation, performance improvement and some bug fixings (@umar)

Testnet apk: https://cdn.satellite.earth/4a6ee91adb0f3d82640b1658fca03e5db9d2b361ea344dae389ec253c5850897.apk

Thank you for the support provided by @OpenSats and @thebitcoinconf 
![](https://m.stacker.news/43066)
![](https://m.stacker.news/43068)

GM SATSIGNER DEVELOPMENT UPDATE 3

Russia Approves Bitcoin Mining & Experimental Cross-Border Exchange Regime

- Oversight of mining activities will be divided among various institutions, with the Bank of Russia holding primary authority.

- The authorized body and the central bank will also have the right to impose a ban or restrictions on digital currency transactions to "preserve Russia's monetary stability."

- The law also imposes a ban on advertising cryptocurrencies and offering them to an unlimited audience.

- Under the new law, the central bank will also establish a experimental infrastructure for cryptocurrency payments, with details yet to be announced.

- The new law will not lift an existing ban on cryptocurrency payments inside Russia.
![](https://m.stacker.news/42719)

Russia 'Approves' Bitcoin Mining & Experimental Cross-Border Exchange Regime

New Zealand crashed out of Men’s Rugby 7s but the Woman’s team won gold again. nostr:note1m8leg3kjm7w4d0h2su8rtgzp9scd8vzn3fgf58svd65qq6z6gd8s55lllc 

Check out the coverage from @Global Sports Central including from our new paid content relay experiment. 

https://www.nos.social/paris-2024-olympics

Users of @nos.social  get free access to the exclusive paid relay with in depth Olympics coverage.

Paris 2024 Olympics Coverage on Nos.Social

It's often used for money laundering and fund transfers. For instance, one can convert assets to Bitcoin within China 🇨🇳 and sell them abroad for US dollars, effectively bypassing bank oversight and enabling illicit fund transfers.
This virtual currency poses a considerable threat to our national financial stability. Criminals exploit Bitcoin’s anonymity and difficulty to trace, engaging in illegal activities that disregard national and public interests.
Moreover, Bitcoin's price volatility and lack of intrinsic value lead many to invest blindly, often resulting in significant financial losses. This not only affects individuals but also disrupts social stability.
Our country has been enhancing financial oversight and cracking down on illegal financial activities. Given the risks and hidden dangers associated with Bitcoin, we must remain vigilant. We cannot allow it to become a tool for personal gain at the expense of national interests.
Additionally, ordinary citizens should be cautious and not be lured by promises of high returns. Investments should be made through legitimate channels and involve projects that are secure, legal, and compliant.
It's crucial for everyone to understand that maintaining national financial security is a collective responsibility. We must prevent the success of these harmful financial practices and work together to safeguard our economic environment.
We must firmly resist illegal financial tools like Bitcoin!
![](https://m.stacker.news/42144)

#Bitcoin is poised to impact China 🇨🇳 significantly

Donald Trump took the stage at Bitcoin 2024 and promised big plans for BTC and cryptocurrency in the United States if elected.
![](https://m.stacker.news/42010)
Former U.S. President Donald Trump promised to build a “strategic Bitcoin stockpile” for the United States at the Bitcoin 2024 conference in Nashville on Saturday. The Republican presidential candidate followed a week of growing rumors and reports on the matter with a relatively vague announcement to the packed room of Bitcoiners.

"As the final part of my plan today, I am announcing that if I am elected, it will be the policy of my administration, the United States of America, to keep 100% of all the Bitcoin the U.S. government currently holds or acquires into the future,” Trump said. “I hope you do well.”

Immediately after, Senator Cynthia Lummis announced specific details of her own "strategic Bitcoin reserve" proposal, with a press release noting that the U.S. would "establish a decentralized network of secure Bitcoin vaults operated by the United States Department of Treasury" and seek to acquire 1 million total Bitcoin to hold.

It's not immediately clear if Trump and Lummis are coordinating on the plan or if they're separate Republican-led initiatives with similar aims.
The pledge to establish a national Bitcoin reserve—and keep all of the BTC currently held by the U.S. government through seizures—rounded out a roughly 45-minute-long keynote address in which Trump promised to end the Democrats’ regulatory onslaught against cryptocurrency companies and holders. If elected, Trump would refashion the U.S. into a “Bitcoin superpower,” he said.

“I'm laying out my plan to ensure that the United States will be the crypto capital of the planet,” Trump told the packed conference room, which promptly erupted in applause.
He warned that the regulatory roadblocks that have plagued crypto companies under the Biden administration would continue stymieing innovation stateside under the would-be administration of his likely Democratic challenger Kamala Harris. 

“If [the Democrats] win this election, every one of you will be gone,” Trump told attendees. “They will be vicious. They will be ruthless.”
The meandering manifesto—which was peppered with the former president's familiar rhetoric on immigration, the validity of the 2020 U.S. presidential election results and the dangers of the “woke" mob—did not dig deep into crypto fundamentals.

During the speech, the octogenarian politician rattled off popular crypto slang, promising to send Bitcoin “to the moon.” He also glossed over familiar industry talking points such as the importance of self-custodying one’s crypto to promote personal “freedom” and “privacy”—two values which BTC’s proponents regard as central to the ethos of the broader bitcoin movement.
Trump hardly talked about crypto at all when he first took the stage at 3pm CDT, roughly an hour behind schedule. 

In his opening remarks, Trump touched upon a dizzying stream of seemingly unrelated, non-crypto topics: A recent attack on Israel; the political leanings of country musician Billy Ray Cyrus' daughter; and the death of firefighter Corey Comperatore, who was killed by a stray bullet during the attempted assassination of Trump at a rally in Butler, Pennsylvania two weeks ago. 

In the first few minutes of his speech, Trump also rattled off the names of roughly a dozen celebrities and politicians who turned out to support him at the conference, including internet personality Jake Paul and musician Kid Rock. 

He gave a special nod to BTC Inc. CEO David Bailey, the main organizer behind the conference.

"David… whatever the hell you do, you did a hell of a job,” Trump said.
Trump’s BTC reserve plan echoed a policy proposal that Robert F. Kennedy Jr. endorsed on Friday in a speech that took aim at Trump’s shifting stance on cryptocurrencies. Trump called Bitcoin a “scam” in an interview with Fox News as recently as 2021, adding that he didn’t like the asset because “it's another currency competing against the dollar."
But Trump, in his latest speech, left little room for doubt about his position on Bitcoin and the broader cryptocurrency industry in the lead up to the 2024 presidential election. 

“Those who say that Bitcoin is a threat to the dollar have the story exactly backwards,” Trump told the crowd on Saturday. 

Editor's note: This story was updated after publication with additional details.
![](https://m.stacker.news/42011)