Block 851078: Important News of the Week

News. Updates. Research. Stats. Everything Important You Need to Know.

Block 851078: Important News of the Week

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News

  • OpenSats announced its 5th wave of Bitcoin grants for 10 more Bitcoin projects. The non-profit also granted long-term support to rust-nostr maintainer Yuki Kishimoto and launched the OpenSats Education Initiative focused on supporting Bitcoin education and outreach worldwide.
  • The US Government has agreed to release Samourai Wallet founder William Lonergan Hill (TDev) on bail, according to a letter filed on July 3rd. Hill is expected to appear in the Southern District of New York on July 9th or 10th, 2024.
  • The German Federal Criminal Police Office (BKA) continued its seized bitcoin sell-off this week, mirroring similar actions by the U.S. government recently.
  • Mt. Gox has finally begun its bitcoin repayments to creditors, ending a decade-long wait for some users.
  • Coinbase has officially partnered with the U.S. Marshals Service, a part of the US Department of Justice (DOJ) that is responsible for managing seized and forfeited assets.
  • Bitcoin Core announced a new security disclosure policy for publicizing security-critical bugs in Core versions that are End of Life (EOL) and no longer receive maintenance updates.
  • The Danish Financial Supervisory Authority (DFSA) has denied reports suggesting that the regulator plans to ban personal (non-custodial) bitcoin wallets.
  • Australia-based Bitcoin miner Iris Energy announced raising $413.4 million through stock offerings since mid-May to fund its 2024 expansion plan.
  • Bitcoin mining and energy technology firm CleanSpark has acquired GRIID Infrastructure in an all-stock deal valued at $155 million.
  • The Qualys Threat Research Unit (TRU) has discovered a remote unauthenticated code execution vulnerability in OpenSSH’s server (sshd) on glibc-based Linux systems. Bitcoiners running lightning nodes with remote SSH access are urged to update to v9.8p1 as soon as possible.
  • The United States Supreme Court decisively overturned the Chevron deference last week.
  • AU10TIX, an Israel-based ID verification and compliance platform hired to verify user identities at X since last September, reportedly left a set of administrative credentials exposed for over 18 months. These provided access to a logging platform containing links to identity documents, including user names, dates of birth, nationalities, ID numbers, and images of uploaded documents.
  • A federal jury in Greensboro, North Carolina, convicted a 24-year-old Florida man for leading a conspiracy to attack and kidnap U.S. residents in their homes to steal their bitcoin and other digital assets.
  • The two-factor authentication (2FA) app Authy leaked the phone numbers of 33 million users.
  • ZapConf, a virtual conference focusing on the Lightning Network and Nostr, will take place on September 21-22, 2024.
  • The next edition of the Bitcoin Atlantis conference is set to take place in 2028. The event organizers decided to align Bitcoin Atlantis with the Bitcoin halving cycle, making it a unique event every four years.
  • BTCPay Server announced BTCPay Day Riga, which will happen right after the Baltic Honeybadger and Nostriga conferences on August 26, 2024.

Updates and releases

  • COLDCARD Mk4 firmware v5.3.2 and Q firmware v1.2.2 have been released. It comes with NFC Push Tx, which enables the transmission of signed transactions to the blockchain via NFC and a web service.
  • Bitcoin and Lightning Network node provider Nodl announced nodl One Mark 2 with a 2 TB SSD.
  • Bitcoin Knots v27.1 has been released. It introduces several new features, various bug fixes, and performance improvements.
  • Labelbase v2.2.2 is out. It comes with the ability to scan addresses from your favorite hardware wallet, QR codes from your mobile device, or even from a SATSCARD.
  • LND v0.18.1-beta is a minor hot fix release that resolves an issue that arises when handling an error after attempting to broadcast transactions if a btcd backend with an older version (pre-v0.24.2) is used.
  • Bitcoin Keeper v1.2.9 has been released with cached transactions, health check for all keys, timeline view, ability to backup wallet configurations in a PDF file, and other improvements.
  • Lampo v24.06 is the latest release for an experimental, fast and modular Lightning Network implementation written in Rust.
  • Burak announced Brollup v2, an improved version of Brollups. The developer says he has found a way to eliminate the need for a trusted setup.
  • Ride The Lightning (RTL) v0.15.2-beta is a minor release addressing several technical issues occurring in installations on Umbrel.
  • SeedHammer v1.3.1 has been released. This release removes support for the SH01 plate, the protective plate and switches to the SeedQR format.
  • Lume, a cross-platform desktop client for the Nostr protocol, has released v4.0.13, which improves its performance, stability, search function, and adds several fixes.
  • Nos.social, a nostr client with advanced user safety and moderation features, has released v0.1.19 to its TestFlight users.
  • Phoenix Wallet and Server received a major upgrade with Bolt12 offers. New features include reusable, non-expiring payment requests, a contact list (Android only), and the ability to attach messages to payments.
  • btcd v0.24.2: released with important security fixes. Full details will be disclosed in 90 days.
  • OLYMPUS by ZEUS: Lightning node runners can now purchase channels directly from the OLYMPUS Lightning Service Provider (LSP).
  • BTCPay Server is now compatible with Invoice Ninja for invoicing and billing. A detailed integration guide is available here.
  • Boltz backend v3.7.1: now supports cooperative refunds for failed CLN transactions, labels for addresses and transactions, provides failure details in swap status, and more. The project's license has changed to AGPLv3.
  • Stack Duo Wallet v1.2.0: bitcoin users of Stack Duo can now use Tor support (.onion addresses), Replace-By-Fee (RBF), and Child Pays For Parent (CPFP) functionalities.
  • Breez SDK Core v0.5.0 has been released with the Greenlight signer upgrade and several other improvements.
  • Amber v1.0.9: The latest version of Nostr event signer for Android comes with notification improvements.
  • zap.store v0.1.3 ships with multiple fixes and improvements.
  • PyBLØCK v2.6 - a Bitcoin dashboard with a cypherpunk aesthetic, now includes bug fixes and Bolt 12, building on the latest Phoenixd release.
  • BlueWallet v6.6.8 now allows sending and receiving transactions using BIP47 Reusable Payment Codes (PayNyms) and can also send funds to Silent Payment addresses.
  • LNbits announced two development bounties for Nostr Wallet Connect (NWC).
  • Satonomics is a new, free and open-source, Bitcoin-only, self-hostable suite of tools that computes, distributes, and displays on-chain data for free use.
  • Braiins OS v24.04.2 comes with support for BHB68701-, BHB68703, and BHB68606 hashboards, and improvements in mining efficiency, model detection, and UX.
  • BitBox02 firmware v9.19.0 now supports Bitcoin payment requests, multisig accounts at arbitrary keypaths, and spending UTXOs at high BIP-44 address indices.
  • LDK Node v0.3.0 is the third minor release adds support for BOLT12 payments, Anchor channels, and sourcing inbound liquidity via LSPS2 just-in-time channels.
  • Npub.pro has been launched. It let's users create personal websites from their Nostr content. It's free, open-source, and self-hostable.
  • Stacker.news implemented the first stage of its wallet plans. The changes bring noticeable improvement to stackers using attached wallets.
  • BitKit Wallet v1.0.2 is a maintenance release with a number of improvements and bug fixes.
  • Payto is a Core Lightning (CLN) companion app that can pay to lightning address, LNURL, BIP353 (DNS Payment Instructions), and BOLT12 offers.
  • Strike announced the BOLT 12 Playground, a hands-on testing environment for those interested in exploring BOLT 12.
  • B2P Central is an aggregator of Bitcoin peer-to-peer buy and sell offers from Hodl Hodl, Paxful, Peach Bitcoin, LNp2pBot, and LocalCoinSwap.
  • Fewsats is now open for business. It is a monetization platform for deploying digital content behind paywalls using L402 protocol.

Research and guides

  • Bitcoin Optech issue #310 summarizes the disclosure of 10 vulnerabilities affecting old versions of Bitcoin Core and describes a proposal to allow BOLT11 invoices to include blinded paths.

Mining stats

  • Bitcoin mining difficulty experienced another downward adjustment, decreasing by 5% to 79.5T. This brings the total decline in difficulty to 7.98%.
  • The network's hashrate (7-day SMA) is currently at ~568 EH/s.

Lightning network stats

  • The Lightning network is currently a home to over 5220 BTC.

Nostr stats