A recent Blockspace Media exposé alleging a financial relationship between Swan and Ripple Labs was retracted and corrected nearly as fast as it was published. An editor's note states, "We erroneously reported that legal documents from Tether’s lawsuit against Swan and UCC filings Blockspace obtained indicated that Swan took financing from Ripple...The error resulted from Blockspace misreading and misunderstanding the documents." The UCC filings in question operate as public notices of collateral claims between entities, but don't indicate the actual occurrence of a financial transaction. These documents were later legally amended, removing the possibility of any financial transaction between parties. While the correction is welcome, the story unfortunately gained substantial traction, leading to widespread criticism of Swan in an industry that fights hard to distinguish itself from every and all form of alt-coins, especially Ripple Labs.
-EDITOR·OP_RETURN Daily SHARE TO X
Blockworks, in collaboration with renowned Bitcoin Historian Pete Rizzo, launched Supply Shock, a new brand dedicated to exploring Bitcoin’s evolving narrative. This initiative is designed to offer a deep dive into the cryptocurrency’s historical significance and current trends, spotlighting its unprecedented mainstream adoption by individuals, institutions, and even nation-states. Supply Shock will feature a podcast hosted by Rizzo, complemented by a newsletter and appearances at events like the Digital Asset Summit in New York City. “With nation states and builders embracing Bitcoin, it’s a historic moment for the asset class,” Rizzo stated, expressing enthusiasm for educating audiences on Bitcoin’s past and future. Supply Shock replaces Blockworks’ On The Margin, aligning with its new House of Brands strategy to better ensure community education and advocacy in the coming years.
-EDITOR·OP_RETURN Daily SHARE TO X
Braiins has unveiled its Bitcoin Control Board (BCB) 100 and a non-Chinese mining chip, aiming to disrupt Bitmain’s estimated 70% grip on the Bitcoin mining market. Set for an open-source release in late March under GPLv3 on GitHub, this projects—developed over 2.5 years with Firefish—offers OpenWrt software, Linux support, and detailed hardware specs like schematics and CAD data. Manufactured by either Samsung or TSMC, it empowers miners worldwide with guides and a Nix shell to craft their own mining rigs. “We’re making everything open for others to build,” Braiins stated, igniting hope for a substantially more decentralized future. These announcements mark the first time a legacy Bitcoin operator like Braiins (the first ever mining pool, launched originally as Slush Pool), has moved outside of the realm of pool operation into manufacturing and open source.
-EDITOR·OP_RETURN Daily SHARE TO X
Tropic Square, a SatoshiLabs company, has introduced TROPIC01, the first open-source secure element, revolutionizing security for Bitcoin hardware wallets, IoT, and digital identity systems. Unlike traditional wallets reliant on proprietary chips, TROPIC01 introduces a transparent design—with open-source access—which empowers manufacturers to craft fully auditable, trust-free solutions, ideal for Bitcoin signing device hardware. Developed with tamper-resistant features like voltage glitch and laser detectors, it boasts cryptographic accelerators including SHA256 and AES256-GCM, plus a True Random Number Generator for robust entropy. “TROPIC01 offers transparency by having security design details… available for independent security auditing,” Tropic Square notes in their release notes, inspiring a new era of decentralized security. Rob Segers of Bitsaga celebrated the announcement, noting, "This is huge for bitcoin security since every single hardware wallet in the world currently has a closed source secure element (except for Jade) which requires us to trust the most important component in our hardware wallets."
-EDITOR·OP_RETURN Daily SHARE TO X
