Hi Bitcoiners!
I’m back with the 23rd monthly Bitcoin news recap.
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.
You can see recaps of the previous months on Bitcoinsnippets.com
A recap of Bitcoin in November 2018
Adoption
- African countries dominate trade volume on P2P bitcoin exchange Paxful (2 Nov)
- 40k users join Binance Uganda in its first week (4 Nov)
- A site to rank banks on cryptocurrency friendliness (4 Nov)
- An update on Bitcoin in Venezuela (4 Nov)
- Venezuela breaks its bitcoin exchange volume all-time-high again (8 Nov)
- 93% of Brits have heard of bitcoin and 4% have bought it (9 Nov)
- A store in Melbourne is accepting lightning network payments for board games (10 Nov)
- The Lightning Network passes 4000 nodes (14 Nov)
- A Big Venezuelan department store chain starts accepting cryptocurrency as a payment (16 Nov)
- The Lightning Network passes $1M in bitcoin capacity (17 Nov)
- The Lightning Network passes $2M in bitcoin capacity (20 Nov)
- A discussion on spending bitcoins and how this evolved (20 Nov)
- A 6740 bits payment on the Lightning Network in a game store (23 Nov)
- Starbucks may accept bitcoin payments (27 Nov)
Development
- LND v0.5.1-beta is released (28 Nov)
Security
- Intel CPUs suffer from a new hyperthreading exploit that can steal private keys (4 Nov)
- Coinbase’s stablecoin has a backdoor installed to give them full control (10 Nov)
- Someone got a scam call from a Coinbase pretender (13 Nov)
- Bitmain loses $5M worth of bitcoin to theft (11 Nov)
Mining
- Any Bitcoin hashpower on the bitcoin.com mining pool is forced to mine another cryptocurrency (14 Nov)
- About 700k bitcoin miners have shut down due to the price decline (29 Nov)
Business
- Canadians can now spend their bitcoin through a Visa prepaid card (1 Nov)
- Blockstream’s block explorer is now live (6 Nov)
- Blockstream releases its Liquid full node and wallet (6 Nov)
- Hublot’s new watch can only be purchased with bitcoin (7 Nov)
- Sony announces a contactless cryptocurrency hardware wallet (7 Nov)
- Square’s bitcoin revenue is rising quarter after quarter (9 Nov)
- Switzerland approves its first cryptocurrency ETF (18 Nov)
- Bitcoin Mining firm Giga Watt declares bankruptcy owing millions (21 Nov)
- A request form on Coinmarketcap to fight scamming attempts against Bitcoin (24 Nov)
Research
Education
- A reminder that the Bitcoin Whitepaper is not a bible (1 Nov)
- The story of Hal Finney (7 Nov)
- Andreas Antonopoulos on some of the future of Bitcoin (6 Nov)
- Khan Academy has a few videos on Bitcoin in the finance/banking section (18 Nov)
- A beginner’s guide to Lightning on a Raspberry Pi (23 Nov)
- A reminder that Bitcoin Core is software for the cryptocurrency bitcoin (23 Nov)
Regulation & Politics
- The newly elected governors of California and Colorado are pro-bitcoin (7 Nov)
- China lifts its Bitcoin ban for individuals and businesses (8 Nov)
- China blacklists millions of people from booking flights through its social credit system (22 Nov)
- Cryptocurrency regulation to be enforced in 2019 in Malaysia (30 Nov)
Archeology (Financial Incumbents)
- SWIFT cuts off Iran’s central bank (12 Nov)
- The US Budget deficit jumps to $100B, 60% more than 2017 (13 Nov)
- Deutsche Bank is raided over money laundering again (29 Nov)
- Almost 3T USD is unaccounted for by the Pentagon (30 Nov)
Price & Trading
- bitcoin drops below $6000 for the first time in months (14 Nov)
- An overview of historical bitcoin price corrections (19 Nov)
- A discussion on the bitcoin price not going to zero (25 Nov)
Fun & Other
- Twitter CEO Jack Dorsey tweets out the Bitcoin whitepaper to his 4M followers (1 Nov)
- People discuss offline Cryptocurrency advertisements (3 Nov)
- Some BTCPay server statistics (5 Nov)
- A rapper gets sued for endorsing a pump & dump scheme (4 Nov)
- 1 year ago SegWit2x was called off, a major milestone for Bitcoin (9 Nov)
- The energy it takes to cool down all Coca Cola drinks around the world (10 Nov)
- Fifth grade Bitcoin homework (12 Nov)
- Ross Ulbricht’s petition is about to surpass 100k signatures (13 Nov)
- A portrait of Hal Finney made of USD bills (13 Nov)
- Satoshi Nakamoto forecasting what would happen if a “second version” of Bitcoin would screw up (16 Nov)
- A poll by a retired US politician on how you would want to hold a $10000 donation for 10 years (16 Nov)
- Magazines about Bitcoin from 2013 (17 Nov)
- Andreas Antonopoulos thanks his Patreons (19 Nov)
- Bitcoin has been declared dead 322 times (23 Nov)
- A discussion on the need for more technology talk and less price (24 Nov)
Congratulations r/Bitcoin on about to be 1 Million subscribers! See you next month!
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