Hi Bitcoiners!
I’m back with the 34th monthly Bitcoin news recap. (a bit late this time, sorry)
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 October 2019
Adoption
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Hong Kong bitcoin trading volume spikes to new all-time highs (2 Oct)
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Satoshi, bitcoin’s smallest unit, is now added to Oxford English dictionary (15 Oct)
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A Luxury hotel in Switzerland accepts bitcoin for payments (25 Oct)
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Someone starts accepting bitcoin in their online clothing store (27 Oct)
Development
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Tim Akinbo adds his first code to Bitcoin Core and becomes a contributor (9 Oct)
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The next release of Electrum will support Lightning payments (14 Oct)
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lnd v0.8.0-beta is released (15 Oct)
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Offline receiving is coming to the Lightning Network (20 Oct)
Security
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Man sues AT&T after fraudulent SIM swap led to $1.8M cryptocurrency theft (18 Oct)
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For people still using Bitpay, they had an undisclosed security breach (24 Oct)
Mining * Block 600k has been mined and with it the 18 millionth bitcoin (19 Oct)
Business
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Case announces the second generation of their Bitcoin & Lightning Node (8 Oct)
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ACINQ raises $8M in series A funding to continue their work on the Lightning Network (8 Oct)
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Peter Thiel backs wind-powered Bitcoin mining company in the US (16 Oct)
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HTC’s Blockchain Phone Exodus 1s can run a full Bitcoin Node (19 Oct)
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Bakkt plans to release a consumer payment focused app with Starbucks in 2020 (28 Oct)
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Bitfinex adds native SegWit support for Bitcoin withdrawals (30 Oct)
Education
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Andreas Antonopoulos on why Bitcoin is ‘The next Bitcoin’ (5 Oct)
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A 15 minute presentation on Bitcoin by Wences Casares (25 Oct)
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Bitcoin is officially included in French high school syllabus (31 Oct)
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A rundown of how to accept Lightning payments on an online store (31 Oct)
Regulation & Politics
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A US Congressman says Facebook should adopt Bitcoin and drop the Libra project (17 Oct)
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Ex-CFTC Chairman says US Regulators colluded to pop the 2017 bitcoin price bubble (23 Oct)
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People discuss countries holding bitcoin as part of their national reserves (29 Oct)
Archeology (Financial Incumbents)
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PayPal withdraws support from Facebook’s Libra project (4 Oct)
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Hong Kong’s central bank steps in as its ATMs run out of cash (6 Oct)
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Money is not worth anything anymore says ex-CEO of Credit Suisse (7 Oct)
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Large payment companies have abandoned Facebook’s Libra project (12 Oct)
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An explanation of the current banking system, through the game Monopoly (28 Oct)
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Lebanon bans moving large amounts of cash abroad amid bank runs (28 Oct)
Price & Trading
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A discussion on the effects of the next bitcoin halving on the price (17 Oct)
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LocalBitcoin’s weekly trading volumes since 2017 per country (20 Oct)
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A discussion on dollar cost averaging rather than timing the market (20 Oct)
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A discussion on the possibility that there may not be another price rally like in 2017 (24 Oct)
Fun & Other
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Someone teaches their child to talk about how the financial system is broken (7 Oct)
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Someone created a QR code to their bitcoin wallet out of Lego (9 Oct) and then donates the donations they got +$50 to The Water Project (10 Oct)
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A $917M bitcoin transaction (14 Oct)
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IRS follows bitcoin transactions to take down the largest child exploitation site on the dark web (17 Oct)
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Bitcoin has reached 40% of the average life expectancy of fiat currency of 27 years (18 Oct)
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Many different versions of Bitcoin Core on a full node (18 Oct)
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Someone gets 4 btc stuck in the Lightning Network despite warnings (23 Oct)
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A Google Trends comparison of Bitcoin and Blockchain (27 Oct)
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Tony Hawk will be speaking at Bitcoin2020 conference (30 Oct)
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Bitcoin’s whitepaper was released 11 years ago today (31 Oct)
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