This Week in Bitcoin

Fresh Summer FUD and Macro Mess

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Bitcoin under fire: New mining attacks miss the mark, why Bitcoin’s price stalled, and the critical flaws in Bitcoin Core and LND.

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    • LINKS:

    • U.S. national debt will reach $50 trillion by 2034, CBO projects
    • Billionaires U.S. 2023 | Statista
    • Main reason why rates will get cut regardless of where inflation will stand.
    • Credit card defaults from small lenders have hit RECORD levels
    • Housing defaults have just hit the highest levels since 2011
    • OG whales have sold over 50,000 $BTC in the past 10 days, totaling approximately $3.30 billion.
    • https://thebitcoinhole.com/hardware-wallets
    • Boltz exchange swap blog post: https://blog.boltz.exchange/p/dispatching-chain-swaps
    • US SEC ends Consensys investigation into Ethereum 2.0
    • Consensys on X: The SEC has notified us that it is closing its investigation into Ethereum 2.0

      • Energy FUD:

      • Lieutenant Governor Dan Patrick Attacks Bitcoin Mining with FUD
      • Bitcoin mining, AI data centers increasing demand on Texas power grid, leaders say - YouTube
      • Oklahoma Governor signs bill into law that exempts Bitcoin miners from sales tax on electricity bills
      • Oklahoma Governor Signs Bill Exempting Sales Tax for Bitcoin Mining
      • JUST IN: Cambridge publicly acknowledges that the age of their Bitcoin mining data leads to “an overestimation in our emission estimates by ~25%”
      • BEEST (Bitcoin Energy & Emissions Sustainability Tracker)
      • Bitcoin Core v27.1: Bug Fixes & Performance Improvements
      • LND Versions Prior to v0.17.0 Vulnerable to LND Onion Bomb DoS Attack
        • ...more
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        This Week in BitcoinBy Chris Fisher
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