Core Scientific Filed Its Chapter 11 Bankruptcy Plan Core Scientific, a Bitcoin mining company, has filed a restructuring plan in the U.S. Bankruptcy Court for the Southern District of Texas Houston Division as part of its Chapter 11 bankruptcy proceedings. The company has been consulting with key stakeholders to decide on the future shape of the firm post-bankruptcy. Core Scientific's financial situation has improved since filing for bankruptcy, thanks to higher Bitcoin prices, an increased network hash rate, and lower energy costs. On the plan's effective date, holders of allowed debtor-in-possession (DIP) claims will receive full satisfaction of their claims, either in cash or an agreed-upon alternative, and any liens granted to secure the DIP claims will be terminated. Core Scientific had previously received permission from the bankruptcy court to take a loan of up to $70 million from B. Riley, one of its largest creditors, to pay off an existing DIP financing loan. Document: https://cases.stretto.com/public/X217/12024/PLEADINGS/1202406212380000000042.pdf

Everybody Wants an ETF On the 20th of June, Invesco, another U.S. investment heavy-hitter, took another swing at submitting an application for a spot Bitcoin ETF to the SEC. This move is hot on the heels of similar performances by WisdomTree and BlackRock. But remember, folks, while these shiny new financial products may seem like a convenient express train to Bitcoin City, the old-school way of buying or earning Bitcoin directly and then tucking them safely away in cold storage still reigns supreme. Remember: Not your keys - not your coins! Document: https://cdn.cboe.com/resources/regulation/rule_filings/pending/2023/SR-CboeBZX-2023-038.pdf

Meanwhile in the Normieland…

X (formerly Twitter)

Rishi Sunak (@RishiSunak) on X

We’re going further to help you with the Cost of Living 👇

New @npub1plst...kx8j Test Flight version just dropped 🎉

Bitcoin Herald | Block #795072 On the night of 14th of June 2011 Wikileaks turned to bitcoin as a lifeline for receiving donations. This was a strategic move to counteract a politically motivated banking blockade crafted by leading banks and payment service providers under the influence of the U.S. The attack has destroyed 95% of the organization's revenue, and if it wasn't for Bitcoin, Wikileaks might have ceased to exist. Free speech is inseparable from censorship-resistant money. Remember that! Hot Off the Press: 💩 A Ton of Shitcoin News From Binance ⛏️ Bitmain Reigns Supreme? 🔥 @Blockstream Enters the Mining Game 🔫 Attack on Educational Bitcoin Channels 📈 BlackRock's Bitcoin Ballgame 🤑 Bitcoin vs the $156T Global Payments Industry 🍏 Apple Sounds the War Drums, attacking @Damus, @ZEUS & Fold ⚡️ 1 Million Zaps: @Wallet of Satoshi announces the biggest zapathon ever 👨‍💻 Fresh releases 👍 Catch Up on Our Picks: 📺 Watch, 🎧 Listen, 📖 Read 🐸 Meme Hub 💜 by @Wakeup⚡️💜 Link to the #digest: https://lnshort.it/herald-795072/ #herald #news

Better Safe Than Sorry On this day back in 2011, MtGox's database was compromised and the user table was leaked, containing details of 60,000 usernames, email addresses and password hashes, some of which were overly simple to brute force passwords. Don't gamble with shitcoin casinos! Holding your coins on these platforms means giving up control, not to mention the risk of personal information being leaked. The safest bet is to practice self-custody. Check out the original announcement on BitcoinTalk:

DIRECT DOWNLOAD LINK FOR LEAKED MT. GOX ACCOUNT DATABASE (CSV FILE)

DIRECT DOWNLOAD LINK FOR LEAKED MT. GOX ACCOUNT DATABASE (CSV FILE)

Testing adding multiple images on #Plebstr via the “🌄” button. #catstr

All new Test Flight v0.6.0 (46) “New post” menu by @npub1plst...kx8j provides functionality for adding images in a single tap, easy mentions and a way to quote posts (which might have already been there, but we simply overlooked it 😅) by copying note ID and adding the “@“ symbol upfront 🎉 Great job, guys! This makes running Herald so much simpler! 💜

The debut set of #BTCPrague images is here! Are you among those captured? Tell us while we’re hard at work putting together an article to convey our insights from this colossal conference. https://www.btcprague.com/gallery-2023/#

Better Late, Then Never Binance seems to be gearing up for #Lightning support. The shitcoin casino has initiated three LN channels, the largest of which stands at a hefty 10BTC. While the option to deposit or withdraw via Lightning is not currently available to users, the feature appears to be on the horizon as the team finalizes the last touches. Disclaimer: This post is not intended to promote Binance or encourage the use of shitcoin casinos, but rather to highlight major #news. The adoption of Lightning by such a large exchange will certainly enhance the public's awareness of the Lightning Network.

Amboss Space

Binance - 03a1f3...d6a72f - Amboss Space

Binance - 03a1f3afd646d77bdaf545cceaf079bab6057eae52c6319b63b5803d0989d6a72f - 197 channels - capacity 56,466,400,000 sats - Bitcoin Mainnet - Ambo...

June 16, 2014, marked a unique "Star Wars" #Bitcoin transaction. #Bitcoin is extraordinary in countless ways! For an in-depth exploration of #Bitcoin, look no further than this complete guide by #[0]:

Jameson Lopp

A comprehensive guide to educational Bitcoin information and resources. Hundreds of links that help answer the question: What is Bitcoin?

Embark on your educational quest now 🤓

The Mempool Open Source Project®

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

We’re over the moon - we’ve reached 150 followers on the #1millionthszapday! 🎉 We’re thrilled that our hard work resonates with you, our fellow nostriches. So, it’s time to dish out some sats to our most loyal Bitcoin Herald readers. And, it’s a chance to revisit the foundations of #Lightning and play around with lightning ⚡️ invoices. Drop a 150 sats LN invoice in the comments, and we’ll pay the first 21. Repost this note to fuel the excitement and follow us for the juiciest #Bitcoin and #Nostr news. 🗞️

In the early morning hours EST of June 15, 2011, Wikileaks turned to #bitcoin as a lifeline for receiving donations. This was a strategic move to counteract a politically motivated banking blockade crafted by leading banks and payment service providers under the influence of the U.S. The attack has destroyed 95% of the organisation’s revenue, and if it wasn’t for #Bitcoin, Wikileaks might have ceased to exist. Free speech is inseparable from censorship-resistant money. Remember that! https://wikileaks.org/Banking-Blockade.html https://nitter.at/wikileaks/status/80774521350668288

River has released the “Bitcoin vs the $156T Global Payments Industry” report. We’ve collected the most interesting infographics,charts and tables for you. Find full report here: https://river.com/learn/files/river-payments-report.pdf?ref=blog.river.com

Bitmain’s S19 Mining Rigs Dominate Bitcoin Network’s Hashrate A new study published by Coin Metrics introduces a novel way to analyze Bitcoin mining, allowing researchers to identify specific mining rigs contributing to the network's hashrate and evaluate their energy usage and efficiency. This research has shown that Bitmain's Antminer models, especially the S19 series, hold a majority share of the Bitcoin network's hashrate. The study also allows for an evaluation of network efficiency and a comparison to competitor positions, concluding that the current network composition is incredibly efficient. Additionally, the study found Bitcoin's energy consumption to be around 16% less than Cambridge University's Centre for Alternative Finance and Digiconomist's estimates. https://5264302.fs1.hubspotusercontent-na1.net/hubfs/5264302/special-insights/coinmetrics-research_the-signal-and-the-nonce.pdf

Blockstream to Unveil Their ASIC Miner in Q3 2024 #[0] , the CEO and co-founder of #[1] , dropped a bombshell during the company's debut media briefing on Tuesday — the wait for their ASIC miner is almost over, with a launch expected in the third quarter of 2024. This follows Blockstream's acquisition of Israeli mining hardware maker, Spondoolies, back in 2021, whose core crew is now part of Blockstream's mining division.

#Damus may get kicked out of App Store as Apple crooks want 30% of our #zaps View quoted note →

One Man Army Against all odds, a solo miner armed with a mere 17TH has struck digital gold, uncovering a #Bitcoin block. The relentless miner reaped a 6.25 BTC bounty, bolstered by an additional 0.754 BTC in fees, racking up to a neat $185k. Just goes to show that in the Bitcoin world, David can still defeat Goliath. You can check out the victory here:

The Mempool Open Source Project®

Explore the full Bitcoin ecosystem with The Mempool Open Source Project®. See the real-time status of your transactions, get network info, and more.

A huge shoutout to #[0] for helping us out and fixing the way our #zap pop-up window was displayed on https://bitcoin-herald.org/ Sam prepared an alternative script which now works great with our version of the website. If you are running your own website make sure to check out Sam’s lightweight HTML script which allows you to receive #zaps right from the page of your choice! GitHub:

GitHub

Release v0.4.0 · SamSamskies/nostr-zap

send anonymous zap if no nip-07 ext available 04cb359 v0.3.0...v0.4.0

Example sandbox:

CodeSandbox

nostr-zap-from-anywhere-poc - CodeSandbox

nostr-zap-from-anywhere-poc by SamSamskies

Bye Bye Gary Rep. Warren Davidson is proposing we say goodbye to Gary Gensler, the Chair of the SEC. Davidson introduced the ‘SEC Stabilization Act’ to the House of Representatives on June 12. Get the full scoop in his post: https://nitter.at/WarrenDavidson/status/1668305460368121857