Bitcoin News - October 2019
This month block 600k was mined and with it the 18 millionth bitcoin, offline receiving is coming to the Lightning Network, Bakkt & Starbucks announce they’ll be launching a bitcoin payments app and French highschools will get a few Bitcoin classes.
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 September 2019
Adoption- Hong Kong bitcoin trading volume spikes to new all-time highs (2 Oct)
- A discussion on Bitcoin adoption in South Africa (12 Oct)
- Satoshi, bitcoin’s smallest unit, is now added to Oxford English dictionary (15 Oct)
- A discussion on Bitcoin node adoption (20 Oct)
- A Luxury hotel in Switzerland accepts bitcoin for payments (25 Oct)
- Someone starts accepting bitcoin in their online clothing store (27 Oct)
- Tim Akinbo adds his first code to Bitcoin Core and becomes a contributor (9 Oct)
- The next release of Electrum will support Lightning payments (14 Oct)
- lnd v0.8.0-beta is released (15 Oct)
- Phoenix, a Lightning Network wallet by Acinq (18 Oct)
- Offline receiving is coming to the Lightning Network (20 Oct)
- A warning against scam sites for hardware wallets (4 Oct)
- Man sues AT&T after fraudulent SIM swap led to $1.8M cryptocurrency theft (18 Oct)
- For people still using Bitpay, they had an undisclosed security breach (24 Oct)
- Coinbase maker fees go from 0.15 to 0.5% (3 Oct)
- Case announces the second generation of their Bitcoin & Lightning Node (8 Oct)
- ACINQ raises $8M in series A funding to continue their work on the Lightning Network (8 Oct)
- Peter Thiel backs wind-powered Bitcoin mining company in the US (16 Oct)
- Bitcoin Suisse ads on a tram in Zurich (18 Oct)
- HTC’s Blockchain Phone Exodus 1s can run a full Bitcoin Node (19 Oct)
- Opera Browser adds Bitcoin payments on Android (22 Oct)
- Bakkt’s daily trade volume is on the rise (24 Oct)
- Jack Dorsey reiterates his commitment to Bitcoin as the currency of the Internet and won’t consider joining Facebook’s Libra project (25 Oct)
- Bakkt plans to release a consumer payment focused app with Starbucks in 2020 (28 Oct)
- Bitfinex adds native SegWit support for Bitcoin withdrawals (30 Oct)
- Andreas Antonopoulos on why Bitcoin is ‘The next Bitcoin’ (5 Oct)
- How credit cards hurt small businesses (11 Oct)
- A 15 minute presentation on Bitcoin by Wences Casares (25 Oct)
- Bitcoin Optech’s Schnorr/Taproot online workshop (29 Oct)
- Bitcoin isn’t a get rich quick scheme (29 Oct)
- Bitcoin is officially included in French high school syllabus (31 Oct)
- A rundown of how to accept Lightning payments on an online store (31 Oct)
- A US Congressman says Facebook should adopt Bitcoin and drop the Libra project (17 Oct)
- Ex-CFTC Chairman says US Regulators colluded to pop the 2017 bitcoin price bubble (23 Oct)
- People discuss countries holding bitcoin as part of their national reserves (29 Oct)
- PayPal withdraws support from Facebook’s Libra project (4 Oct)
- Hong Kong’s central bank steps in as its ATMs run out of cash (6 Oct)
- Money is not worth anything anymore says ex-CEO of Credit Suisse (7 Oct)
- Large payment companies have abandoned Facebook’s Libra project (12 Oct)
- An explanation of the current banking system, through the game Monopoly (28 Oct)
- Lebanon bans moving large amounts of cash abroad amid bank runs (28 Oct)
- A discussion on the effects of the next bitcoin halving on the price (17 Oct)
- LocalBitcoin’s weekly trading volumes since 2017 per country (20 Oct)
- A discussion on dollar cost averaging rather than timing the market (20 Oct)
- A discussion on the possibility that there may not be another price rally like in 2017 (24 Oct)
- Someone teaches their child to talk about how the financial system is broken (7 Oct)
- Someone created a QR code to their bitcoin wallet out of Lego (9 Oct)
- A parody Lightning Network commercial (10 Oct)
- A $917M bitcoin transaction (14 Oct)
- IRS follows bitcoin transactions to take down the largest child exploitation site on the dark web (17 Oct)
- Bitcoin has reached 40% of the average life expectancy of fiat currency of 27 years (18 Oct)
- Many different versions of Bitcoin Core on a full node (18 Oct)
- Someone gets 4 btc stuck in the Lightning Network despite warnings (23 Oct)
- A Google Trends comparison of Bitcoin and Blockchain (27 Oct)
- A discussion on treating bitcoin as savings (27 Oct)
- Someone recovers their 4 year old wallet (28 Oct)
- Tony Hawk will be speaking at Bitcoin2020 conference (30 Oct)
- Bitcoin’s whitepaper was released 11 years ago today (31 Oct)
Sam Wouters
Sam is a Bitcoin & Blockchain educator. He has been learning about them every day for years and uses his knowledge to help others understand and these complex topics in simple terms.