15: Fresh Summer FUD and Macro Mess
19 June 2024
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
- BitBanana: Lightning Node Management for Android
Final Clip of the Week:
- T-Mobile mining Bitcoin soon
- Telecom Giant and T-Mobile (TMUS) Parent Deutsche Telekom Plans to Mine Bitcoin
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