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A news desk for bitcoiners by bitcoiners without ads, paywalls, or clickbait.
ECB Economists: Nocoiners May Be Impoverished by Rising Bitcoin Prices A new paper by ECB economists describes a 'Bitcoin-positive' scenario as one in which the price of Bitcoin continues to rise significantly and sustainably over time. "If the price of Bitcoin rises for good, the existence of Bitcoin impoverishes both non-holders and latecomers."
Italy Plans to Raise Bitcoin Capital Gains Tax from 26% to 42% The new budget measures are still awaiting approval from the Italian parliament, with a final vote anticipated by the end of the year. If enacted, a 42% capital gains tax on Bitcoin would make Italy one of the highest-taxed countries for cryptocurrency in the world.
OpenSats Grants Long-Term Support for Greenart7c3 Greenart7c3 is the creator and lead developer of Citrine, an Android-based Nostr relay that serves both as a local relay and a shared database, and Amber, an Android-based Nostr signer utilizing NIP-46.
Blockstream Closes $210M Convertible Note Financing Round Led by Fulgur Ventures The funds will be used to accelerate the adoption and development of the company’s layer-2 technologies, expand mining activities, and increase its bitcoin treasury holdings.
Fountain v1.1.5: Pay BOLT-11 Invoices, Artist Pages, Library Improvements This new version features a streamlined content library for better performance, the capability to pay BOLT-11 invoices directly through the podcast app, and a dedicated Artist page where you can view all tracks by a specific artist.
🍵 Good Morning, Bitcoin - Friday, October 11th, 2024 GM! That's a lot of updates. We're currently experiencing some issues with our Lightning node. Please hold on to your sats and instead share this report with anyone who might be interested. Thanks!
🐦‍🔥 Phoenix Wallet v2.4.0 & Server v0.4.0: New Open Protocol for ACINQ LSP The new ACINQ LSP uses a new open protocol that leverages dual funding, splicing, and liquidity ads from the updated Lightning BOLT standard (see bLIP 36).
Bitcoin Core Discloses Three Vulnerabilities Affecting Versions Up to v25.0 "This is part of the gradual adoption by the project of a new vulnerability disclosure policy. The policy is available [here]. We will follow up next month with vulnerabilities affecting Bitcoin Core versions before (and not including) 26.0, if any."