no bullshit bitcoin
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No Bullshit Bitcoin Is a Bitcoin News Desk Without Ads, Paywalls, or Clickbait.

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Tor browser v10.0.2 released

- Firefox v78.4.0esr
- NoScript v11.1.3

https://blog.torproject.org/new-release-tor-browser-1002
LND Vulnerability Disclosure - CVE-2020-26895: LND Low-S Tx-Relay Standardness, affects v0.9.x and below

> Prior to v0.10.0-beta, a malicious peer could force an lnd node to accept a high-S ECDSA signature when updating new off-chain states. Though the signatures are valid according to consensus rules, the mempool policy would reject transactions containing high-S values, potentially leading to loss of funds if time-sensitive transactions cannot be relayed and confirmed. We have no evidence of the bug being exploited in the wild. It affects all classes of lnd nodes: routing, merchant, mobile, etc. The vulnerability was reported privately to the lnd team by Antoine Riard.

https://lists.linuxfoundation.org/pipermail/lightning-dev/2020-October/002858.html
archive: https://archive.vn/nXmWi
LND Vulnerability Disclosure - CVE-2020-26896: LND Invoice Preimage Extraction, affects v0.10.x and below

> Prior to v0.11.0-beta, an lnd node could be coerced into revealing an invoice preimage for a forwarded HTLC with a colliding payment hash. This can be exploited to a) weaken the victim's receiver privacy by confirming the destination of an HTLC, and/or b) under certain circumstances, result in loss of funds to the victim by believing the invoice was paid when it only received routing fees. We have no evidence of either case being exploited in the wild.

https://lists.linuxfoundation.org/pipermail/lightning-dev/2020-October/002857.html
archive: https://archive.vn/dXXHl
Accelerating the BitMEX User Verification Programme

- Users must complete KYC identification process by Nov 5th to continue trading
- Unverified users will not be allowed to withdraw bitcoin after Dec 4th

https://blog.bitmex.com/accelerating-the-bitmex-user-verification-programme/
archive: https://archive.vn/wH6qJ
Bitcoin Optech #120

- overview of the new MuSig2 paper
- discussion about upfront fees in LN
- proposal to simplify management of LN payments
- notable clients and services updates

https://bitcoinops.org/en/newsletters/2020/10/21/
archive: https://archive.vn/OoWxm
PayPal to allow cryptocurrency buying, selling and shopping on its network

> U.S. account holders will be able to buy, sell and hold cryptocurrencies in their PayPal wallets over the coming weeks, the company said. It plans to expand to Venmo and some countries in the first half of 2021.

https://www.reuters.com/article/paypal-cryptocurrency/paypal-to-allow-cryptocurrency-buying-selling-and-shopping-on-its-network-idUSL1N2HB14U
archive: https://archive.vn/eSVdA
Sparrow v0.9.6 released

- Transaction batching
- Improved wallet load times
- CoboVault QR import
- Bitbox02 support
- Request encryption on wallet import

https://github.com/sparrowwallet/sparrow/releases/tag/0.9.6
Paul Tudor Jones says he likes bitcoin even more now, rally still in the ‘first inning’

> Billionaire hedge fund manager Paul Tudor Jones has turned more bullish on bitcoin, calling it one of the best inflation hedges.

https://www.cnbc.com/2020/10/22/-paul-tudor-jones-says-he-likes-bitcoin-even-more-now-rally-still-in-the-first-inning.html
archive: https://archive.vn/xhnoR
Former Gemini Europe chief Julian Sawyer takes the reins as CEO at Bitstamp

> Sawyer was previously at Gemini, which he joined in December 2019 to lead its European expansion.

https://www.theblockcrypto.com/linked/81925/former-gemini-europe-bitstamp-new-ceo
archive: https://archive.vn/WUn0b
The U.S. Department of Justice’s (DOJ) recent crypto enforcement framework is a threat to digital privacy rights, according to an attorney for the Electronic Frontier Foundation (EFF).

https://www.coindesk.com/doj-privacy-encryption-framework
archive: https://archive.vn/0rOq9
CME quietly surpasses BitMEX to become second-largest bitcoin futures exchange

> Yesterday, CME recorded an open interest of $790 million as compared to $718 million by Binance and $601 million by BitMEX, according to The Block Research. Open interest in the value of outstanding derivative contracts that are yet to be settled.

https://www.theblockcrypto.com/linked/82144/cme-surpasses-bitmex-bitcoin-futures
archive: https://archive.vn/P7mf9
A New Company Claims It’s Opening the Biggest Mining Farm in Russia

> The venue is located near the Boguchany Dam in East Siberia, in the town of Kodinsk.
> Completed in 2015; the Boguchany Dam is now one of the major hydropower plants in Russia.
> MineSpot is working as a “mining hotel,” meaning it hosts its clients’ mining machines and charges them for electricity and tech support.

https://www.coindesk.com/minespot-russia-mining-farm
archive: https://archive.vn/yNAc4
Threshold_for_the_Requirement_to_Collect_Retain_and_Transmit_Information.pdf
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FinCEN proposes lower threshold for transaction data-gathering under FATF's 'travel rule' including those made with crypto

> the amendments "would reduce this threshold from $3,000 to $250 for funds transfers and transmittals of funds that begin or end outside the United States."

https://www.theblockcrypto.com/linked/82229/fincen-proposes-lower-threshold-for-transaction-data-gathering-under-fatfs-travel-rule-including-those-made-with-crypto
archive: https://archive.vn/Ko1ki

(original source PDF attached)
Mercury Swap Test

> Development of Mercury, CommerceBlock’s statechain implementation and privacy wallet is continuing at a rapid pace

> The Mercury statechain system is a new second layer technology for Bitcoin that enables instant off-chain BTC transactions without the capital lock-up and liquidity problems of the Lightning network, and without the custodial issues of federated sidechains.

https://blog.commerceblock.com/mercury-swap-test-8d291b684cb4
archive: https://archive.vn/VCKLU
Bitcoin has 'considerable' upside as it better competes with gold as alternative currency, JPMorgan says

> "Even a modest crowding out of gold as an 'alternative' currency over the longer term would imply doubling or tripling of the bitcoin price," JPMorgan said.

https://markets.businessinsider.com/currencies/news/bitcoin-price-considerable-upside-forecast-competes-gold-alternative-currency-jpmorgan-2020-10-1029716041#
archive: https://archive.vn/JQfEY
Media is too big
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ReasonTV - When Encryption Was a Crime: The 1990s Battle for Free Speech in Software

> The third installment in Reason's four-part documentary series titled "Cypherpunks Write Code."

Part 1: https://t.me/nobullshitbitcoin/910
Part 2: https://t.me/nobullshitbitcoin/939
youtube: https://youtu.be/lv8OFSWZkGs
Joinmarket update for Oct 2020

- Joinmarket status
- Future plans
- New message channel implementations vs IRC

https://joinmarket.me/blog/blog/oct-2020-update/
archive: https://archive.vn/aA2zm
Tax Payers Needn’t Disclose Merely Holding Cryptos: IRS Draft 2020 Guidance

> The IRS draft guidance also makes clear that tax payers need not check yes if they merely held cryptocurrency in 2020, or moved it from one wallet to another owned by them.

https://www.coindesk.com/tax-payers-must-disclose-airdropped-forked-cryptos-says-irs-draft-2020-guidance
archive: https://archive.vn/Hk2No