The Senate’s New Anti-Encryption Bill Is Even Worse Than EARN IT, and That’s Saying Something
> Not only does the bill disregard the security of users, it allows the government to support its need for a backdoor with one-sided secret evidence, any time it feels a public court proceeding would harm national security or “enforcement of criminal law.”
https://www.eff.org/deeplinks/2020/06/senates-new-anti-encryption-bill-even-worse-earn-it-and-thats-saying-something
> Not only does the bill disregard the security of users, it allows the government to support its need for a backdoor with one-sided secret evidence, any time it feels a public court proceeding would harm national security or “enforcement of criminal law.”
https://www.eff.org/deeplinks/2020/06/senates-new-anti-encryption-bill-even-worse-earn-it-and-thats-saying-something
Kraken Grants $150,000 to Open-Source Bitcoin Payment Processor BTCPay
> we’re such big fans that we’ve incorporated BTCPay into one of our own products: you can now pay for Cryptowatch using Bitcoin and other cryptocurrencies through BTCPay.
https://blog.kraken.com/post/5491/kraken-grants-150000-btcpay/
> we’re such big fans that we’ve incorporated BTCPay into one of our own products: you can now pay for Cryptowatch using Bitcoin and other cryptocurrencies through BTCPay.
https://blog.kraken.com/post/5491/kraken-grants-150000-btcpay/
BTCPay Server v1.0.5.0 released
- UI Notifications
- Pull Payments
- Refunds
- Wallet Improvements
- Lightning Node API
- Bug Fixes
https://blog.btcpayserver.org/btcpay-server-1-0-5-0/
- UI Notifications
- Pull Payments
- Refunds
- Wallet Improvements
- Lightning Node API
- Bug Fixes
https://blog.btcpayserver.org/btcpay-server-1-0-5-0/
Polar v1.0.1 released
Adds support for:
- Bitcoin Core v0.20.0
- LND v0.10.2 RC2
https://lightningpolar.com/
Adds support for:
- Bitcoin Core v0.20.0
- LND v0.10.2 RC2
https://lightningpolar.com/
Top Podcasts of the Week
Tales from the Crypt - Rabbit Hole Recap - https://anchor.fm/tales-from-the-crypt/episodes/Rabbit-Hole-Recap-Week-of-2020-06-22-efuerf
Bottomshelf BTC - DiverterNoKYC - https://anchor.fm/bottomshelfbtc/episodes/DiverterNoKYC-on-Mining-for-the-Streets-Episode-63-efs6fb
Stephan Livera - Vijay Boyapati - https://stephanlivera.com/episode/185/
Tales from the Crypt - Mike Peterson - https://anchor.fm/tales-from-the-crypt/episodes/173-Mike-Peterson-from-Bitcoin-Beach-efqhcb
Stephan Livera - Alessandro Cecere - https://stephanlivera.com/episode/184/
Bitcoin Magazine - Jeremy Rubin - http://bitcoinmagazine.btc.libsynpro.com/bitcoin-magazine-interview-check-template-verify-with-jeremy-rubin
Bitcoin Echo Chamber - Alex Leishman - https://anchor.fm/podcast-8f267c0/episodes/River-Financial-with-Alex-Leishman-BEC041-efl9r9
POV Crypto - Pierre Rochard - https://povcryptopod.libsyn.com/144-hashing-out-money-with-pierre-rochard
Tales from the Crypt - Rabbit Hole Recap - https://anchor.fm/tales-from-the-crypt/episodes/Rabbit-Hole-Recap-Week-of-2020-06-22-efuerf
Bottomshelf BTC - DiverterNoKYC - https://anchor.fm/bottomshelfbtc/episodes/DiverterNoKYC-on-Mining-for-the-Streets-Episode-63-efs6fb
Stephan Livera - Vijay Boyapati - https://stephanlivera.com/episode/185/
Tales from the Crypt - Mike Peterson - https://anchor.fm/tales-from-the-crypt/episodes/173-Mike-Peterson-from-Bitcoin-Beach-efqhcb
Stephan Livera - Alessandro Cecere - https://stephanlivera.com/episode/184/
Bitcoin Magazine - Jeremy Rubin - http://bitcoinmagazine.btc.libsynpro.com/bitcoin-magazine-interview-check-template-verify-with-jeremy-rubin
Bitcoin Echo Chamber - Alex Leishman - https://anchor.fm/podcast-8f267c0/episodes/River-Financial-with-Alex-Leishman-BEC041-efl9r9
POV Crypto - Pierre Rochard - https://povcryptopod.libsyn.com/144-hashing-out-money-with-pierre-rochard
10 Tips For Interacting With Bitcoin More Privately
- Don't tell anyone
- Control your own keys + practice coin control
- Use nyms
- Use encryption
- Use Tor/VPN
- Buy non-kyc
- Use your own node
- Transact off chain
- Coinjoin
- Use a privacy focused phone
https://www.bitcoinqna.com/post/10-tips-for-interacting-with-bitcoin-more-privately
- Don't tell anyone
- Control your own keys + practice coin control
- Use nyms
- Use encryption
- Use Tor/VPN
- Buy non-kyc
- Use your own node
- Transact off chain
- Coinjoin
- Use a privacy focused phone
https://www.bitcoinqna.com/post/10-tips-for-interacting-with-bitcoin-more-privately
Liquid UTXO Expiration Incident.pdf
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Liquid UTXO Expiration Incident
- On June 25th, a large portion of Liquid Network funds (870 bitcoin) were temporarily accessible by a set of emergency keys for approximately 40 minutes.
- 2 of 3 multisig rather than 11 of 15.
Incident report: https://github.com/grubles/temp/blob/master/Liquid%20UTXO%20Expiration%20Incident.pdf
- On June 25th, a large portion of Liquid Network funds (870 bitcoin) were temporarily accessible by a set of emergency keys for approximately 40 minutes.
- 2 of 3 multisig rather than 11 of 15.
Incident report: https://github.com/grubles/temp/blob/master/Liquid%20UTXO%20Expiration%20Incident.pdf
Flood & Loot: A Systemic Attack On The Lightning Network
> In this attack, an attacker forces many victims at once to flood the blockchain with claims for their funds. He is then able to leverage the congestion that they create to steal any funds that were not claimed before the deadline.
Blog: https://medium.com/@jonahar/flood-loot-a-systemic-attack-on-the-lightning-network-5c3dac7bba24
Paper: https://arxiv.org/abs/2006.08513
> In this attack, an attacker forces many victims at once to flood the blockchain with claims for their funds. He is then able to leverage the congestion that they create to steal any funds that were not claimed before the deadline.
Blog: https://medium.com/@jonahar/flood-loot-a-systemic-attack-on-the-lightning-network-5c3dac7bba24
Paper: https://arxiv.org/abs/2006.08513
Patching the Liquid Timelock Issue
> Bitcoins sent to the Liquid Network through peg-ins are secured in an 11-of-15 multisig wallet that is controlled by the Liquid Federation. To protect against network failures, this multisig wallet uses timelocks to enable a set of 2-of-3 emergency backup keys to recover the funds in the event that the network becomes inactive for an extended period.
> The emergency keys are held by Blockstream in extreme cold storage distributed around the world.
> patch will update the software running on the functionary servers rather than update the HSM firmware, ensuring that the timelocks on the bitcoins held on the network are always refreshed before expiry.
> This is a temporary workaround with some limitations, the main limitation being that the bitcoins held on the network will start to become recoverable by the emergency keys 7 days after the network stops, instead of 14 days as designed. This will provide a shorter safety buffer in the event of a network outage.
> The code for the patch has been submitted to Liquid’s Technology Board for review. Once approved, the patch will be rolled out on a portion of the functionaries (importantly, the planned patch only requires one or two functionaries to adopt the change for it to work). We’ll post a further update once the patch is live.
https://medium.com/blockstream/patching-the-liquid-timelock-issue-b4b2f5f9a973
> Bitcoins sent to the Liquid Network through peg-ins are secured in an 11-of-15 multisig wallet that is controlled by the Liquid Federation. To protect against network failures, this multisig wallet uses timelocks to enable a set of 2-of-3 emergency backup keys to recover the funds in the event that the network becomes inactive for an extended period.
> The emergency keys are held by Blockstream in extreme cold storage distributed around the world.
> patch will update the software running on the functionary servers rather than update the HSM firmware, ensuring that the timelocks on the bitcoins held on the network are always refreshed before expiry.
> This is a temporary workaround with some limitations, the main limitation being that the bitcoins held on the network will start to become recoverable by the emergency keys 7 days after the network stops, instead of 14 days as designed. This will provide a shorter safety buffer in the event of a network outage.
> The code for the patch has been submitted to Liquid’s Technology Board for review. Once approved, the patch will be rolled out on a portion of the functionaries (importantly, the planned patch only requires one or two functionaries to adopt the change for it to work). We’ll post a further update once the patch is live.
https://medium.com/blockstream/patching-the-liquid-timelock-issue-b4b2f5f9a973
HWI v1.1.2 released
- UI for toggle passphrase
- Multisig address display for Coldcard and Trezor
Fixed:
- Compatibility with Trezor firmware 1.9.1 and 2.3.0
- Compatibility with Ledger Bitcoin App 1.4.0
- Properly handle PSBTs containing both non_witness_utxo and witness_utxo
https://github.com/bitcoin-core/HWI/releases/tag/1.1.2
- UI for toggle passphrase
- Multisig address display for Coldcard and Trezor
Fixed:
- Compatibility with Trezor firmware 1.9.1 and 2.3.0
- Compatibility with Ledger Bitcoin App 1.4.0
- Properly handle PSBTs containing both non_witness_utxo and witness_utxo
https://github.com/bitcoin-core/HWI/releases/tag/1.1.2
Many Bitcoin Developers Are Choosing to Use Pseudonyms – For Good Reason
https://www.coindesk.com/many-bitcoin-developers-are-choosing-to-use-pseudonyms-for-good-reason
https://www.coindesk.com/many-bitcoin-developers-are-choosing-to-use-pseudonyms-for-good-reason
Zeus v0.3.0-rc1 released
- lndhub qr scan and clipboard read support
- lndhub: specify http/https
- allow users to change units on the Send view
- new app launcher icon
Android APK: https://zeusln.app/zeus-v0.3.0-rc1.apk
Developer Signature: https://zeusln.app/zeus-v0.3.0-rc1.apk.asc
PGP Key: zeusln.app/PGP.txt
- lndhub qr scan and clipboard read support
- lndhub: specify http/https
- allow users to change units on the Send view
- new app launcher icon
Android APK: https://zeusln.app/zeus-v0.3.0-rc1.apk
Developer Signature: https://zeusln.app/zeus-v0.3.0-rc1.apk.asc
PGP Key: zeusln.app/PGP.txt
Coldcard updates tamper evident bag design
> A serialized tear off tab of the bag is included inside. You should use this tab to double check the width of the bag. You can also use a magnifying glass to check the perforations of the tab match the bag.
https://coldcardwallet.com/docs/quick
> A serialized tear off tab of the bag is included inside. You should use this tab to double check the width of the bag. You can also use a magnifying glass to check the perforations of the tab match the bag.
https://coldcardwallet.com/docs/quick
Tails v4.8 released
- Unsafe Browser disabled by default
- Persistent Storage now supports welcome screen settings
- Tor Browser v9.5.1
- Thunderbird v68.9.0
https://tails.boum.org/news/version_4.8/index.en.html
- Unsafe Browser disabled by default
- Persistent Storage now supports welcome screen settings
- Tor Browser v9.5.1
- Thunderbird v68.9.0
https://tails.boum.org/news/version_4.8/index.en.html
350,000 Aussie Crypto Users Are Receiving Tax Warning Letters
> the ATO letters seem to be targeting a large number of crypto users irrespective of the size of their crypto holdings.
https://www.forbes.com/sites/shehanchandrasekera/2020/06/30/350000-aussie-crypto-users-are-receiving-tax-warning-letters/
> the ATO letters seem to be targeting a large number of crypto users irrespective of the size of their crypto holdings.
https://www.forbes.com/sites/shehanchandrasekera/2020/06/30/350000-aussie-crypto-users-are-receiving-tax-warning-letters/
This Month in Bitcoin Privacy - June 2020
> This Month in Bitcoin Privacy is a newsletter about privacy-related technology developments, events, and conversations in Bitcoin
https://enegnei.github.io/This-Month-In-Bitcoin-Privacy/June_2020/
> This Month in Bitcoin Privacy is a newsletter about privacy-related technology developments, events, and conversations in Bitcoin
https://enegnei.github.io/This-Month-In-Bitcoin-Privacy/June_2020/
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OC Bitcoin Network: Full Node Overview
> The OC Bitcoin Network is joined by special guests Stephan Livera and Matt Odell to discuss Bitcoin full nodes. We cover what they are, why they matter, and high-level tradeoffs of some popular implementations such as RoninDojo, RaspiBlitz, MyNode, and Nodl.
youtube: https://youtu.be/qZtVlsbDB0c
> The OC Bitcoin Network is joined by special guests Stephan Livera and Matt Odell to discuss Bitcoin full nodes. We cover what they are, why they matter, and high-level tradeoffs of some popular implementations such as RoninDojo, RaspiBlitz, MyNode, and Nodl.
youtube: https://youtu.be/qZtVlsbDB0c
Blue Wallet v5.4.4 released
- Air-gapped PSBT with Animated QR codes
- Entropy via Dice rolls
- Entropy via Coin flip
https://twitter.com/bluewalletio/status/1278260153519923201
- Air-gapped PSBT with Animated QR codes
- Entropy via Dice rolls
- Entropy via Coin flip
https://twitter.com/bluewalletio/status/1278260153519923201