In Sofia, Bulgaria, 2 men posed as police, kidnapped a 35 year old man, held a gun at his head for an hour and demanded 14 bitcoin from him. The kidnappers failed to get any BTC, let the victim go, and were arrested 2 months later. https://btvnovinite.bg/bulgaria/otvlichane-ot-mnimi-policai-za-14-bitkojna-razkaz-na-sluzhitel-na-sdvr-samo-pred-btv.html
3 years ago today, 26 prominent Bitcoin haters sent a strongly worded letter to Congress urging them to "resist pressure from the digital asset industry."
A deep dive into claims that it's safe to remove Bitcoin's block size limit and instead rely on existing SPV methods. #repost https://blog.lopp.net/could-spv-support-a-billion-bitcoin-users-sizing-up-a-scaling-claim/
Do you want to take control of your bitcoin but don't know where to start due to the overwhelming number of wallet options? Check out my wallet guides: https://www.lopp.net/bitcoin-information/recommended-wallets.html
A young Russian couple who run a cryptocurrency business were kidnapped in Buenos Aires and released after sending $43,000 to the attackers, who then escaped the country on a flight to the UAE. https://tn.com.ar/policiales/2025/05/28/misterioso-secuestro-de-una-pareja-de-rusos-en-palermo-buscan-a-dos-sospechosos-que-se-fueron-del-pais/
South Korean police arrested a Russian national in Busan after a failed $730,000 robbery where the victim was lured to a crypto trade trap in Seoul. https://cointelegraph.com/news/russian-arrested-south-korea-attempted-crypto-robbery
Are you interested in learning what all the fuss is about with Bitcoin but don't know where to start? Ease yourself down the rabbit hole with these resources: https://www.lopp.net/bitcoin-information/getting-started.html
A crypto founder was abducted in Uganda, held at gunpoint, and forced to send crypto worth $500,000 to his attackers. His company claims 48 wrench attacks have occurred in Uganda, though this is the first I've seen reported.
A recent study found over 270 million address poisoning attempts on BNB Chain and Ethereum between July 1, 2022, and June 30, 2024. Of those, 6,000 attempts were successful, leading to losses of over $83 million.
My own research found 50,000 such attempts on BTC with 1 success.
Are you a Bitcoin node operator who is overwhelmed by the 170+ configuration options offered by Bitcoin Core? Bookmark my user-friendly configuration generator! https://jlopp.github.io/bitcoin-core-config-generator/
Bitcoin transaction fee estimation is a goldilocks problem wrapped in a future prediction enigma shrouded in mystery. #repost https://blog.lopp.net/the-challenges-of-bitcoin-transaction-fee-estimation/
Organized crime rings are starting to target bitcoin HODLers. Learn how to steer clear of them and protect your savings from physical attacks! #repost https://blog.casa.io/bitcoiners-guide-to-organized-crime/
If you're worried that nonmonetary use of block space will compromise the integrity of Bitcoin as money, then you're worried that financial sovereignty may not be the most valuable use case for the system and you're worried it can't compete for scarce block space.
Maybe you should be.
As I see it, the way things are going, the biggest threat to Bitcoin as money doesn't come from "spammers." Rather, it comes from the Number Go Up narrative pushers who tell folks that ETFs and trusted third parties are fine to use because you'll get rich regardless.
That line of thinking is what causes demand for block space to drop, thus making it so cheap that people can afford to play stupid games with the available block space.
Why is Bitcoin so hard to understand? It's a complex multifaceted system and few folks view it with a comprehensive perspective. #repost https://blog.lopp.net/nobody-understands-bitcoin-and-thats-ok/