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@ Lexington Bitcoin Meetup
2023-05-02 16:05:04Good morning,
Are you ready to embark on an exciting journey into the world of Bitcoin? Tonight, we have something special in store for you at The Cellar: our highly anticipated Bitcoin 101 session! Whether you're a curious beginner or a seasoned Bitcoin aficionado, this session is perfect for anyone interested in diving deeper into the world of Bitcoin, learning the fundamentals, and getting answers to all your burning questions.
But before we kick off this enlightening session, let's take a moment to catch up on the latest buzz in the Bitcoin world. We have compiled a summary of the most significant news and developments from the past week. From major acquisitions and alleged hacking incidents to exciting advancements in Bitcoin technology, we've got you covered.
Now, let's dive into the highlights of the Bitcoin world this week and get ready for an unforgettable evening at our Bitcoin 101 session! 🌟
Morning Coffee Bitcoin Report from Clark Moody Dashboard
Price: $28,025 (3,568 sats/dollar)
Hash Price: $76.79/PHash
Hash Rate: 343 EHash/s
Immediate Fee Rate: 71 sat/vByte
Hour Fee Rate: 65 sat/vByte
Block Interval: 10:08
Mempool Count: 148,282
Block Height: 787,954
Supply Issued: 92.20%
Blocks to Halving: 52,046
JPMorgan Chase to buy most First Republic assets after bank fails
- JPMorgan Chase is acquiring most of the assets of First Republic Bank after its failure, protecting the deposits of First Republic's customers.
- Under the deal, JPMorgan Chase will assume the deposits and make a $10.6 billion payment to the FDIC, with the FDIC covering 80% of any losses on First Republic's loan portfolio
Russian Bitcoin Wallets Allegedly Exposed by Apparent Hacker
- A mysterious bitcoiner exposed Russian security agencies' wallets, accusing them of hacking activity using the Bitcoin blockchain.
- Some of the wallets linked to Russian agencies have been tied to previous cyberattacks, and the bitcoiner's actions suggest potential security vulnerabilities in the Russian crypto operations
Hamas' Military Wing to Stop Accepting Bitcoin Donations
- The military wing of Hamas, a Palestinian militant group, has announced that it will stop accepting donations in Bitcoin due to concerns over donor safety and increased prosecution efforts against those supporting the resistance through cryptocurrency.
- Israeli officials previously seized 84 digital wallets suspected of belonging to Hamas in 2021, which held various cryptocurrencies including Bitcoin, Dogecoin, Cardano, Stellar, Ripple, and Ethereum, worth millions of dollars
Venmo Is Rolling Out Bitcoin Transfers to External Wallets
- Venmo is enabling its customers to transfer Bitcoin to friends, family, PayPal accounts, and external wallets and exchanges.
- The rollout of transfers will start in May 2023 and will be available to Venmo customers in the coming weeks
Preturnio - a full-text search engine for Bitcoin
- Preturnio is a full-text search engine for Bitcoin that enables users to search for text inside OP_RETURN, Coinbase, and ordinal transactions since the genesis block.
- Users can search for any plain text, including source code, names, quotes, and BRC-20 tokens, and Preturnio provides highlighted results with relevant details, such as when the data was created and which block it was confirmed in
- Munstr is an open-source wallet that combines Schnorr signature-based MuSig (multisignature) keys with decentralized Nostr networks for privacy
- This is facilitated through an interactive, multi-signature (n-of-n) Bitcoin wallet that is designed to enable a group of signers to coordinate an interactive signing session for taproot based outputs that belong to an aggregated public key
Bitcoin Legal Defense Fund Supports Bitcoin Developers in High-Stakes Open-Source Case
- The Bitcoin Legal Defense Fund is backing 13 Bitcoin developers facing lawsuits by Craig Wright, which could impact the future of Bitcoin and open-source development.
- The lawsuits allege that the developers are responsible for the loss of 111,000 bitcoin claimed by Wright, and a ruling in favor of the plaintiff could establish fiduciary responsibilities for open-source developers
BlueWallet Postpones Lightning Node Sunset Date to May 31
Block's Bitcoin Mining ASIC Program Is Moving Forward
- Block is developing its own custom silicon for bitcoin mining hardware to address the centralization of custom mining silicon in the hands of a few companies.
- The company plans to make its bitcoin mining technology open source, allowing third parties to use its hardware and software solutions for further development and increasing the decentralization, transparency, and resiliency of the bitcoin network.
The Kingdom Of Bhutan Confirms It Has Been Mining Bitcoin For Several Years
- Druk Holding and Investments (DHI), Bhutan's investment arm, has confirmed its involvement in mining digital assets, particularly Bitcoin, within the country.
- DHI emphasizes that it has not incurred losses in borrowing digital assets and that its mining operations are powered by green energy, leveraging Bhutan's abundance of hydropower. The priority of power supply is given to domestic consumption and local industries, with mining operations being shut down during low hydropower production periods.
Project Updates & Releases
LND v0.16.2
AgoraDesk App v1.1.1
Lightning Terminal v0.9.2-alpha
Zeus v0.7.5
Nayuta Wallet v.0.1.7
Stack Duo v1.0.5
Bisq v1.9.10
Feni v0.1.8
Galoy Mobile v2.2.34
Mutiny Node v0.2.8
MyCitadel Desktop v1.3.0
Chantools v0.11.0
BTCPay Server v1.9.2
MyNode v0.3.16
So, mark your calendars for tonight's Bitcoin 101 session at The Cellar. It's your chance to take a deep dive into the fascinating world of Bitcoin, learn from industry experts, and connect with fellow Bitcoin enthusiasts who share your passion. Get ready to unlock the full potential of Bitcoin and embark on an extraordinary journey of knowledge and discovery!
Hope to see you all out tonight!