Good Morning, Bitcoin - Tuesday, July 30th, 2024

Good Morning, Bitcoin is your daily news roundup featuring key stories, project updates, releases, guides, research, and other topics related to Bitcoin and freedom tech. Stay informed and empowered as we explore the latest happenings in the Bitcoin world.

Good Morning, Bitcoin - Tuesday, July 30th, 2024

GM. Free Samourai.

What's new

  • The U.S. House has passed the "Financial Technology Protection Act of 2023," establishing an "Independent Financial Technology Working Group to Combat Terrorism and Illicit Financing." The group will "make legislative proposals to prevent the evasion of sanctions and the facilitation of financial crime through digital assets and related emerging technologies," reports The Rage.
  • Gemini exchange has warned its users about a data breach incident at its Automated Clearing House (ACH) service provider, whose name was not disclosed. An unauthorized actor breached its vendor's systems between June 3 and June 7, 2024 and accessed Gemini's customers' banking information, including their full name, bank account number, and routing number. The incident affects ~15k individuals.
  • Hong Kong legislator Johnny Ng is exploring the feasibility of incorporating Bitcoin into the city's financial reserves.
  • Four men have been arrested after a 29-year-old Moroccan man was kidnapped, forced to transfer 3 bitcoin (~$200k), and then strangled to death in Kyiv, Ukraine, the city's police reported.
  • Strike announced that its payment pilot program, launched in partnership with BTCPay Server at Bitcoin 2024 Nashville, processed 767 payments totaling 0.514 BTC, achieving a 100% payment success rate. The company noted that over 75% of payments came from wallets on the open network.
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  • Global humanitarian organization Save the Children and Fedi, Inc., a developer building on top of the Fedimint protocol, have announced a partnership aimed at transforming cash and voucher assistance (CVA) delivery to communities most affected by inequality. This initiative will launch in the Philippines, providing select communities with Bitcoin as part of community cash assistance through the Fedi mobile app.
  • Argo Blockchain, a London-listed Bitcoin miner, announced it raised £6.5 million (approximately $8.355 million) through a stock offering. The proceeds will be used for working capital, general corporate purposes, and debt repayment.

Use the tools

  • TwentyTwo, the maker of the Portal hardware wallet, has announced a partnership with Nunchuk wallet provide "a world-class single-sig and multi-sig wallet app for Portal customers."
  • Nerdaxe v2.1.5 firmware is now available. It comes with a framework upgrade to ESP-IDF5.2, new BTC price screen, screen switch options, and other fixes.
  • Open-source server management software Nirvati has introduced its Kubernetes controller for Tor (Arti), enabling users to declare onion services directly within Kubernetes.
  • Bitaxe-Satellite is a developing project aimed at integrating a system that will allow a Bitaxe BTC miner to communicate bidirectionally via satellite with a public-pool.io remote instance.
  • The latest version of the Bringin app brings the ability to connect user's IBAN to any Lightning wallet that is compatible with Nostr Wallet Connect (NWC).

Other stuff

  • Whitney Webb and Mark Goodwin explain why former president Donald Trump is embracing the 'Bitcoin-Dollar' stablecoins.
  • Venezuelan street photographer Malos10 is sharing first-hand footage from the streets of Venezuela, where violent protests have erupted following the latest elections in the country.
  • Spiral has revealed the results of Nostr Ads Hack Week 2024 - a hypothetical, first-ever all-outdoor ad campaign for Nostr.
  • What else did we miss? DM us on Nostr.
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