Good Morning, Bitcoin - Wednesday, October 30th, 2024

What's happening

• Localhost Research launched. Localhost Research is a new Bitcoin-focused research center in the Bay area with a pending 501(c)(3) application. The organization will provide full-time employment and benefits, and foster a collaborative office culture with shared projects and group research efforts.
• Spiral issues grant to Austin Krauss, who is developing a Programming Lightning workshop and a Programming Lightning book.
• Suriname Presidential candidate pledges to make Bitcoin legal tender on day one. Speaking on The Bitcoin Podcast, Suriname Presidential candidate Maya Parbhoe has announced her plan to establish Bitcoin as Suriname’s legal tender through an executive order on her first day in office. The Surinamese presidential election will take place in May 2025.
  • The Suriname Decentralized Bitcoin and Nostr conference is taking place on November 7-9, 2024.

• US Bitcoin spot ETFs reported largest inflows since June. The 12 spot bitcoin ETFs in the United States recorded total daily net inflows of $870 million on Tuesday, marking the highest amount since the first week of June. This surge was primarily influenced by net inflows of $642.87 million into the IBIT ETF, representing its largest daily inflows in over seven months, reports The Block.
• Bhutan moves ~935 BTC to Binance. Blockchain surveillance firm Arkham Intelligence reported that Bhutan's government wallet moved more than 900 BTC on Tuesday after the price of bitcoin surpassed $70,000. The wallet still holds 12,456 BTC (~$886 million), managed by the state's investment arm Druk Holding & Investments.

"In the second half of 2023, Bhutan’s Bitcoin mines were mining around 780 BTC per month (~26 BTC/day). Over the past 3 months August - October 2024, that number has dropped to around 260 BTC per month (~8.6 BTC/day)," added the surveillance firm.

• DOJ charges 53-year-old with laundering Silk Road's proceeds. According to an October 28 statement, the Department of Justice claims that 53-year-old Maximiliano Pilipis was running AurumXchange , which operated from 2009 to 2013. During that time, the exchange processed over $30 million through 100,000 transactions. Some of these funds were allegedly sourced from accounts associated with the Silk Road.
• LQWD Technologies Corp now holds 136 BTC. The Canadian-based Lightning network infrastructure company said it acquired additional 5 BTC to add to its balance sheet and grow its Bitcoin-Per-Share holdings. 

Use the tools

• Athenut is a privacy-friendly pay-per-query web search engine powered by Kagi and Cashu.
• Krux Installer v0.0.20-beta now allows users to perform airgapped updates.
• Envoy v1.8.4 fixes an issue affecting some users related to not being able to send to legacy address types.
• Haven relay v1.0.0 comes with Blossom media server support, Gift Wrapped DM support, adds Delete Event support to Inbox Relay, and implements other bug fixes and enhancements.
• Nostr NIP-15 Storefront Inject is a widget for loading offers from a NIP-15 stall on any website.
• Shopstr added shopping cart support. "Carts are currently not persistent across devices and browsers as the NIP-51 revision is still being worked out," added the project.
• Open Librarian v0.1.1 is an incremental release with some minor enhancements and bug fixes.
• Cashu Crypto TypeScript v0.3.3 is a hotfix release for NUT-12 exports.
• BullishNuts v0.2.12 introduces transaction history.
• Pubme is a demo for a chat app built on the Pubky Core protocol. It empowers end users to decide how and where their conversations are stored, promoting flexibility, privacy, and censorship resistance.

Other stuff

• The Institute of Cryptoanarchy released a report analyzing The Nocoiner Syndrome.
• Atlas21 published a guide to coinjoins with Jam.
• Bitcoin Illustrated shared a guide to Schnorr Singatures.

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