Bitcoin News - June 2018

This month in Bitcoin we saw an increase in discussion about working towards adoption, some great new Lightning Network apps to help test the network, a $300M Bitcoin and cryptocurrency fund by VC firm Andreessen Horowitz and much more.

What the monthly news is about:

For those unfamiliar, each day I pick out the most popular/relevant/interesting stories in r/Bitcoin and save them. At the end of the month I release them in one batch, to give you a quick (but not necessarily the best) overview of what happened in bitcoin over the past month.

A recap of Bitcoin in June 2018

01: The Visa network breaks down in Britain stopping any card transactions from working
02: Bitcoin on the front page of the IMF website & An infographic of 152 fiat currencies that failed due to hyperinflation
03: 70 shops accept bitcoin in Rovereto in Italy
04: Apple co-founder Steve Wozniak hopes bitcoin will become a single global currency & Microsoft buys coding site GitHub where the Bitcoin source code repository is hosted
05: GMO unveils its new miner & Stop focusing on price, start focusing on adoption
06: The SEC chairman says Bitcoin is not a security
07: The total mining power on the Bitcoin network rose by 5 exahashes over the last 2 weeks
08: An idea for a phone where the caller must pay you in bitcoin and is refunded after 2 minutes & A discussion on applications that could be built on top of Lightning & More atomic swaps between Bitcoin and Litecoin over the Lightning Network
09: The narrative on r/Bitcoin begins to move towards adoption
10: A discussion on Austrian Economics in relation to Bitcoin
11: Someone’s Lightning Network experience of 42 transactions & - A Lightning Network powered pixel art game
12: bitcoin accepted in a shop in a 550 year old market in Istanbul & You can pay with bitcoin to advertise on this billboard
13: The psychology of a market cycle & A discussion on whether Tether played any role in the bitcoin price rise last year
14: A discussion to stop focusing on the bitcoin price and start focusing on adoption & The SEC says Bitcoin is not a security & William Shatner becomes the spokesperson for a solar mining operation in the US
15: Bitcoin Core 0.16.1 is released & According to Bloomberg a recent study on Tether manipulating cryptocurrency prices is underwhelming
16: An anti-electricity cartoon from 1900, reminiscing of the media on Bitcoin today
17: Someone built a collaborative, livestreamed Pokemon Yellow game on the Lightning Network
18: Square obtains a Bitlicense in New York & BitGold in 1998 vs. Bitcoin in 2008 & The correlation between the amount of comments on r/bitcoin and the daily trading volume
19: The most southern Bitcoin node in the world
20: Bithumb exchange loses $30M from a hack
21: An example of the importance of running a full node & Schiphol Airport in Amsterdam allows you to exchange local euros for global bitcoins in a 6 month pilot & An AI startup is building on the Lightning Network
22: A reminder of why we needed SegWit or any malleability fix before the Lightning Network & An online Fiverr-like marketplace built on the Lightning Network & Someone in Austria got robbed for €216.000 in cryptocurrency
23: A reminder that the cost to mine a bitcoin does not determine its price
24: A discussion on the amount of hashpower controlled by Bitmain
25: A comparison between BLS signatures and Schnorr signatures & Blockstream announces C-Lightning 0.6
26: VC firm Andreessen Horowitz launches a $300M Bitcoin and cryptocurrency fund & Facebook is reversing its ban on cryptocurrency ads because money
27: Pieter Wuille is working on a proposal for Schnorr signatures & A discussion on why supporting privacy in Bitcoin doesn’t make you a criminal
28: Someone spent $0.04 to move $298M & A discussion on Nick Szabo
29: The feeling when sending bitcoin transactions

30: An overview of historical bitcoin price corrections & Andreas Antonopoulos on the Lightning Network