Hi Bitcoiners!

I’m back with the 30th monthly Bitcoin news recap.

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 May 2019

Adoption

• A local convenience store accepting bitcoin (1 Jun)

• The ₿ symbol is now available on iOS, Android and Microsoft services (4 Jun)

• Wasabi Wallet does its first ever 100 person CoinJoin (6 Jun)

• Asking shops to accept bitcoins when buying online (10 Jun)

• South Korea gets its first bitcoin ATM (13 Jun)

• Bitcoin passes 1 million daily active addresses again, like in November 2017 (15 Jun)

• A bitcoin update from Venezuela (17 Jun)

• A gas station that accepts bitcoin (21 Jun)

• Someone receives a letter from their 88 year old father who started investing a few years earlier (25 Jun)

• Buying coffee through the Lightning Network at a Bitcoin conference (29 Jun)

Development

• Watchtowers are coming with the next big release for the Lightning Network (11 Jun)

• Someone who managed a bounty wallet dedicated to a scalability concept from 2012 is offering the 5.725 btc to a new scalability project (12 Jun)

• Lightning Labs’ non-custodial Lightning mobile app is now on mainnet (19 Jun)

• An overview of potential upcoming updates to Bitcoin’s consensus rules (21 Jun)

• Lightning Labs announces Loop In, a service that helps manage Lightning Channels (26 Jun)

• A list of technical improvements coming to the Lightning Network (28 Jun)

Security

• An overview of 9 easy ways to lose your cryptocurrency with a bonus 10th in the comments (5 Jun)

• A storage socket as an idea to store a physical bitcoin wallet (8 Jun)

• A discussion on what someone who lost access to their 9.5 bitcoins from years ago can do (11 Jun)

• A reminder to not store your bitcoins on any exchange (14 Jun)

• A warning against a support number scam for Ledger hardware wallets (14 Jun)

• Irish cryptocurrency exchange Bitsane exit scams its self-proclaimed 246k users (28 Jun)

Mining

• A reminder of a report on how 74$ of Bitcoin mining is powered by renewable energy (9 Jun)

• The block reward is halving again in under a year (12 Jun)

• A reminder that cloud mining ventures are scams (16 Jun)

• Bitcoin’s hashrate hits another all-time high (20 Jun)

Business

• Samourai Wallet receives $100k in funding (3 Jun)

• HodlHodl exchange enables users to buy and sell bitcoin directly from their Lightning Network wallets (5 Jun)

• Bitcoin Suisse ads on Zurch’s airport (11 Jun)

• Bitrefill raises $2M in funding to grow its team and advance its Lightning Network services (13 Jun)

• Bakkt will initiate user acceptance testing for its bitcoin futures in July (13 Jun)

• People are concerned about the ethics, censorship resistance, centralization and privacy of Facebook’s Libra project (14 Jun)

• Coinbase becomes one of the participants in Facebook’s Libra project (22 Jun)

• CashApp by Square enables bitcoin deposits (25 Jun)

Research

• goTenna releases a whitepaper for mobile mesh network bitcoin payments (11 Jun)

• Ruben Somsen explains his research on Statechains, a novel layer two protocol (16 Jun)

Education

• A livestream of day 1 from the Bitcoin lightning network hack day in Munich (1 Jun)

• A livestream of day 2 from the Bitcoin lightning network hack day in Munich (2 Jun)

• Setting up Lightning network channels could be an investment for the future (3 Jun)

• Alternatives to LocalBitcoins to buy Bitcoin privately (5 Jun)

• Andreas Antonopoulos on Bitcoin as the “email” of the Internet of Money (11 Jun)

• Carl Dong explains the Bitcoin build system security (12 Jun)

• A simple explainer of Erlay, a performance improvement to the Bitcoin network that reduces node traffic (16 Jun)

• This week’s Donald Duck children magazine in the Netherlands is about Bitcoin (21 Jun)

• People discuss capital gains tax on bitcoin investments and trading (21 Jun)

• A discussion on how many people don’t invest in Bitcoin, but use it to store their savings (24 Jun)

• An overview of useful information for newcomers to Bitcoin (25 Jun)

• A reminder of Andreas Antonopoulos testimony for the Canadian Senate in 2014 (26 Jun)

• Edward Snowden speaks about privacy at a Bitcoin conference (27 Jun)

• A reminder that a Bitcoin equals 100M satoshis and you can own less than a full bitcoin (30 Jun)

Regulation & Politics

• LocalBitcoins is forced to remove its cash trade option (1 Jun)

• The Reserve Bank of India denies involvement in a draft bill to ban cryptocurrencies (8 Jun)

• Binance to block users from the US (15 Jun)

Archeology (Financial Incumbents)

• Someone’s bank account is frozen for 4 weeks because they sold bitcoin (4 Jun)

• 86 years ago the US moved off of the gold standard for the people (5 Jun)

• Warren Buffet claimed that Bitcoin is a ‘gambling device’ with ‘a lot of frauds’ loses $340M in a Ponzi scheme (6 Jun)

• The European Central Bank announces its new plans to print more euros and cut interest rates (10 Jun)

• Warren Buffet has 40% of his stock portfolio invested in banks and credit card companies (15 Jun)

• Federal Chairman Jerome Powell speaks on cryptocurrency (19 Jun)

Price & Trading

• People discuss marketing manipulation vs a free market in bitcoin trading (4 Jun)

• An overview of annual minimum bitcoin prices (8 Jun)

• Bitcoin reaches an all-time price high in Argentine Pesos due to hyperinflation (9 Jun)

• Relative to this day, there were only 70 days that Bitcoin was unprofitable to buy (23 Jun)

• An article in the Wall Street Journal Business section on the bitcoin price (24 Jun)

• An animation of bitcoin’s price graph from 2009 to the present showing many hype cycles (26 Jun)

• A reminder of how most traders lose money (26 Jun)

• The $1 of free bitcoin Coinbase handed out in 2015 to new users is worth about $50 now (27 Jun)

• A TV interview in the Philippines on the bitcoin price (27 Jun)

• People talk a lot about the bitcoin price but not so much about the increase in volume (28 Jun)

Fun & Other

• Another Bitcoin street art painting (2 Jun)

• If you invested $10 per day into bitcoin starting at its peak in December 2017, you would be up 46% (3 Jun)

• A recommendation on the book Sapiens due to its chapter 10 on money, which reinforces the vision for Bitcoin (5 Jun)

• Bitpay is overcharging its users for bitcoin transactions (5 Jun)

• Bitcoin art on hyperinflated Venezuelan Bolivares bills (10 Jun)

• Forbes accurately reports that nobody knows what Bitcoin will do next (13 Jun)

• The launch of the FiatMarketCap website (16 Jun)

• A Satoshi Nakamoto impersonator has been ordered by a judge to prove his claims of being the creator of Bitcoin (17 Jun)

• A reminder that there will never be enough bitcoin for all of today’s existing millionaires to own one (17 Jun)

• A discussion on bitcoin as a store of value (23 Jun)

• A CNBC news anchor on Facebook’s Libra project compared to Bitcoin (25 Jun)

• Google’s search algorithm is unaware that Bitcoin has no CEO (29 Jun)

• Former Vice President of the US, Al Gore, on Bitcoin (29 Jun)