The Sat Standard - Dec 24 2022

This Week in Bitcoin.

2 min read
The Sat Standard - Dec 24 2022
38 days since Earn withdrawals froze, Gemini still owes users $900M.
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Thought of the week from Marty Bent:‌‌‌
Don’t store or backup any information that grants you access to your bitcoin online. If you use a mobile wallet only keep an amount of sats on it that you are willing to lose. If you have a material amount of bitcoin you should seriously consider cold storage with backups being written in steel or in a notebook that is properly secured.

Thought of the week from ODELL:
Merry Christmas!

LastPass was compromised. If you use it to store your passwords you should change the important ones ASAP and move to a self hosted alternative going forward: bitwarden, keepass, or a paper notebook.


TOP STORIES

  • Bitcoin Optech #231
  • Jack Dorsey Provides 14 Bitcoin Grant to Open Source Distributed Communication Protocol 'Nostr' with Goal of Censorship Resistant Twitter Replacement
  • BTCPay Server v1.7.2: Greenfield API Improvements, Theme Extensions, and Bug Fixes
  • BTCPay Server v1.7.3: Bug Fixes
  • LDK v0.0.113: API Updates and Bug Fixes
  • Twitter Announces Policy Banning Promotion of Other Social Platforms: Facebook, Instagram, Mastodon, Truth Social, Tribel, Post and Nostr
  • Breez Wallet Announces Bounty for Satscard Integration: 5M Sats (~$850)
  • Bitcoin Addresses Tied to Bankrupt Canadian Exchange QuadrigaCX Move Bitcoin Thought to be Lost: Sent to Wasabi Coinjoin Tool
  • Wasabi Wallet v2.0.2.1: Fee Savings for Large Amounts, Better Mac Performance, and More
  • HRF Bitcoin Development Fund Awards $325K In New Grants: Gleb Naumenko, Bitcoin4India, Africa Bitcoin Conference, and 9 Other Recipients
  • Tails v5.8: Improved Persistent Storage, Wayland, Better Unsafe Browser, and More
  • Foundation Devices Announces $7M Seed Round Led by Polychain Capital
  • Bitcoin Miner Greenidge Generation Reaches Debt Restructuring Deal With NYDIG: NYDIG Purchasing 2.8 Eh/s of Greenidge’s Bitcoin Miners, Greenidge Will Host them for NYDIG
  • Paul Sztorc Launches 'Layer 2 Labs' Company to Promote and Develop Drivechains Proposal with $3M Seed Funding
  • Core Scientific is Filing for Bankruptcy: Largest Publicly Traded Bitcoin Mining Firm in the World
  • Zeus v0.7.0: Lightning Node Connect, BIP21/Unified QRs, New Home Screen, and More
  • Alby v1.21.0: New WebLN/WebBTC Interface
  • Two FTX Executives Plead Guilty to Criminal Charges. SBF Released on $250M Bond at U.S. Court Appearance: Home Confinement at Parents' Home in Palo Alto, California
  • Lastpass: Hackers Stole Customer Vault Data in Cloud Storage Breach - Data Vulnerable to Master Password Bruteforce - Sensitive Customer Info Also Taken
  • SBF's '$250M Bond' Incredibly Overstated: No Money Paid, Parents' ~$4M House Only Collateral Posted

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