Bitcoin Roots is the real Bitcoin Knots (pre-BIP110)

Bisq Release v2.1.14

Bitcoin mining pool once handling 2.3% of network shuts after hashrate falls 65%

The article reports the imminent shutdown of a Bitcoin mining pool, Binance Pool, which at its peak managed 2.3% of the entire Bitcoin network's hashrate. This decision comes after a substantial decline in the pool's computing power, which plummeted by 65% from 26 exahashes per second (EH/s) in December to approximately 9 EH/s. Miners currently utilizing Binance Pool are now mandated to transition to an alternative mining provider before a hard cutoff date of November 10. The closure signals a shift in the mining ecosystem and requires participants to reallocate their computational resources.

Russia’s Central Bank Authorizes Sberbank to Exchange Cryptocurrencies

Russia's Central Bank has officially authorized Sberbank to engage in cryptocurrency exchange activities. The major Russian bank is preparing to roll out its specific Bitcoin-related products and services in December. This development was reported by Bitcoin Magazine and written by Mathew Di Salvo.

Biggest Channel Opened Today (2.0 BTC) + New Node Spotlight (02347c5be8ab0730b…)

This article's title announces significant developments on the Bitcoin Lightning Network, specifically highlighting the opening of a substantial new payment channel with a capacity of 2.0 BTC. Additionally, it features a 'New Node Spotlight' on a specific node, identified by its public key '02347c5be8ab0730b…'. While the detailed article content is unavailable, truncated as 'Comments', the title indicates a clear focus on the growth and operational aspects of the Bitcoin Lightning ecosystem, showcasing network expansion and participant engagement.

Standard Chartered Debuts Bitcoin Trading For Wealthy UAE Clients 

Standard Chartered has introduced a new service enabling its wealthy clients in the UAE to trade Bitcoin directly through their bank accounts. This development marks a significant step for institutional adoption of Bitcoin, making it more accessible for affluent individuals within a traditional banking framework. The news was originally reported by Bitcoin Magazine and authored by Mathew Di Salvo.

'It Can Take Years': Coinbase Presses for Bitcoin Quantum Migration to Start Now

In a detailed technical post, Coinbase has strongly advocated for the immediate commencement of Bitcoin's multi-year migration to quantum-resistant cryptography. The exchange emphasizes that this critical transition must begin well in advance of any hypothetical 'Q-Day' – the point at which quantum computers could potentially compromise current cryptographic standards. Coinbase's argument lays out specific prerequisites and considerations for this extensive migration, including how it would impact Bitcoin's block space, the need for robust quantum-secure custody solutions, and strategies for managing dormant bitcoin holdings during and after the transition.

The Undercurrent: Three European Artists on Making Money Visible

Ahead of the Bitcoin Amsterdam event, three European artists — ZETRA, RYR, and Cypherpunk Now — are reflecting on the fundamental cultural origins of Bitcoin. Their discussions revolve around the evolving definition and perception of money in contemporary society, and the ongoing trajectory of the Bitcoin movement as it navigates its own growing institutional acceptance and success. This piece was originally published in Bitcoin Magazine.

Strive buys $235 million in bitcoin as warrant exercises yield $369 million

Strive, an investment entity, recently made a significant acquisition of Bitcoin, purchasing 2,822 units for a total of $235 million. This substantial investment was financed through proceeds generated from traditional warrant exercises, which yielded gross proceeds amounting to $369.2 million. The move signifies a notable institutional allocation towards Bitcoin, leveraging traditional financial instruments to fund its digital asset strategy.

Capitalism is Broken and Bitcoin is the Great Equalizer | Natalie Brunell

Natalie Brunell, a prominent voice, argues in Bitcoin Magazine that the widespread anger among young people towards capitalism is misdirected. She contends that the core issue lies with a 'rigged bank-fiat system' and advocates for Bitcoin as the fundamental solution. Brunell positions Bitcoin as 'the Great Equalizer,' capable of rectifying the inherent flaws and imbalances within the current economic structure by offering an alternative to the traditional banking and fiat currency system.

Blue Coin Capital CIO: MSTR’S BTC Buying Engine is About to IGNITE | Mike Treidl

Blue Coin Capital's CIO, Mike Treidl, highlights that Bitcoin treasury firms, specifically referencing MicroStrategy (MSTR), are poised for a significant increase in their Bitcoin acquisition. Treidl explains that these firms are adopting perpetual preferred equity as a financial strategy. This method serves to prevent defaults and, critically, creates a "second BTC-buying engine," indicating an impending acceleration in MSTR's Bitcoin accumulation efforts. This insight was published by Bitcoin Magazine.

Ledger Asks Resellers in Seven Asian Markets to Pull Devices After Suspected $86M Drain

Strategy’s preferred stock financing may cost it bitcoin, K33 argues

K33 Research posits that 'Strategy,' presumably MicroStrategy, could achieve greater long-term Bitcoin accumulation by prioritizing common stock issuance for financing rather than relying on preferred shares. The core argument suggests that this alternative financing approach could enable the company to acquire and hold more Bitcoin over an extended period.

Is Braains Pool Independent?

How Bitcoin Works

This article introduces Bitcoin as a secure monetary network. It provides an overview of how the Bitcoin system functions, covering key areas such as rule enforcement, monetary policy, transaction fees, and user privacy. It also explores scaling solutions, the network's inherent security, governance models, the economic aspects of mining including energy consumption, the Lightning Network, and strategies for its long-term adoption.

Here's how analysts see U.S. inflation influencing bitcoin

Bitcoin will become ‘less volatile’ and larger than gold: ‘The Bitcoin Standard’ author

According to economist and author Saifedean Ammous, Bitcoin currently serves as a functional form of money, particularly when utilized as a store of value. Ammous, known for his influential work 'The Bitcoin Standard,' articulates an optimistic outlook for Bitcoin's future trajectory. He anticipates that as Bitcoin continues its maturation process and achieves broader global adoption, its overall market capitalization will not only grow substantially but eventually surpass that of gold. Furthermore, Ammous projects that this ongoing maturation will significantly reduce Bitcoin's inherent price volatility, thereby establishing it as a more stable and less speculative asset over an extended period.

BitMEX Sued in UK for Return of $27M in Bitcoin Over Unlicensed Derivatives

Coinbase, which holds 5% of all bitcoin, wants the quantum fix started now

Coinbase, a major Bitcoin custodian, is advocating for immediate action within the Bitcoin community to prepare for the advent of quantum computing. Their recommendations include the implementation of flexible addresses and the development of a backup quantum-proof key to safeguard Bitcoin holdings against potential future quantum attacks. Furthermore, Coinbase suggests initiating a distinct discussion regarding the handling of lost Bitcoin.

Working Together on Bitcoin’s Post-Quantum Readiness

This article discusses the proactive efforts within the Bitcoin ecosystem to address the potential future threat of quantum computing. It emphasizes the need for collaborative work on "Post-Quantum Readiness" to ensure the long-term security and resilience of the Bitcoin protocol. The focus would be on exploring and implementing quantum-resistant cryptographic solutions to safeguard Bitcoin's elliptic curve digital signature algorithm (ECDSA) against future quantum attacks, thereby protecting user funds and transaction integrity. The article highlights the importance of community-wide research and development to integrate these advanced cryptographic primitives without compromising Bitcoin's fundamental principles of decentralization and immutability.

Coinbase lays out flexible designs as key priority for Bitcoin’s post-quantum migration

Coinbase has publicly shared its strategic priorities regarding Bitcoin's long-term post-quantum security transition. The exchange is strongly advocating for the Bitcoin community to begin early preparations, specifically highlighting the critical need for timely upgrades to existing signature schemes and establishing secure methodologies for the migration of funds to quantum-resistant addresses. This proactive stance from a major institutional entity underscores the perceived importance of addressing potential vulnerabilities from quantum computing before they materialize, ensuring the continued cryptographic integrity of the Bitcoin network.

The modern bitcoin faucet gets its first event

Strive raising $500 million to buy additional bitcoin with new preferred share class

Strive is undertaking a significant capital raise, aiming to secure $500 million, primarily with the objective of purchasing additional bitcoin. To achieve this, the company is introducing a new preferred share class, designated as SATS. These SATS shares are structured to provide investors with a fixed dividend yield of 15% at par. It is noted that these new SATS shares will be junior in priority to Strive's existing SATA shares, which currently offer a variable dividend rate of 13%. This initiative highlights an institutional effort to expand bitcoin holdings through structured financial products.

Researchers Build First Working Post-Quantum Defense for Bitcoin’s Lightning Network

Researchers have reportedly developed the first functional post-quantum defense specifically designed for Bitcoin's Lightning Network. The article from Bitcoin Magazine emphasizes the growing concern about the threat quantum computers could pose to second-layer Bitcoin solutions like Lightning. This research aims to provide necessary protection, indicating that a team has successfully devised a method to safeguard these critical components of the Bitcoin ecosystem from future quantum attacks.