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Bitcoin : r/Bitcoin recap – July 2018

Bitcoin : r/Bitcoin recap – July 2018



Hi Bitcoiners!

I’m back with the nineteenth 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](http://bitcoinsnippets.com/)

**A recap of Bitcoin in July 2018**

* 01: [Lightningspin.com has routed 400 payments worth 6M satoshis for a combined $0.10 in fees](https://www.reddit.com/r/Bitcoin/comments/8vaajr/thus_far_lightningspincom_routed_over_400/)
* 02: [Coinbase launches its custodial service for institutional investors](https://www.reddit.com/r/Bitcoin/comments/8vj305/coinbase_is_live_with_custodial_service_for/)
* 03: [Users can now create their own assets on the Liquid sidechain](https://www.reddit.com/r/Bitcoin/comments/8vmtqy/introducing_issued_assets_on_liquid/)
* 04: [According to Bitrefill’s blockchain analysis, Bitpay lost over half of their payment traffic since implementing BIP70](https://www.reddit.com/r/Bitcoin/comments/8w1lqi/play_stupid_games_win_stupid_prizes_we_did_a/)
* 05: [A comparison between proof-of-stake and the central banking system](https://www.reddit.com/r/Bitcoin/comments/8wc1n8/fiat_money_is_essentially_proofofstake_where_the/) & [What developers have learned from bootstrapping the Lightning Network](https://www.reddit.com/r/Bitcoin/comments/8w8xzf/bootstrapping_ln_what_have_we_learned_fabrice/) & [The state of merchant adoption](https://www.reddit.com/r/Bitcoin/comments/8w8xfv/on_the_state_of_merchant_adoption_sergej_kotliar/)
* 06: [Pieter Wuille submits a Bitcoin Improvement Proposal for Schnorr signatures](https://www.reddit.com/r/Bitcoin/comments/8wmj5b/pieter_wuille_submits_schnorr_signatures_bip/)
* 07: [The capacity of the Lightning Network has been steadily rising](https://www.reddit.com/r/Bitcoin/comments/8wuz5j/lighting_network_capacity_went_up_68_in_the_last/)
* 08: [Someone becomes the biggest node on the Lightning Network by opening $50k worth of channels](https://www.reddit.com/r/Bitcoin/comments/8x4eq4/some_dude_just_became_the_biggest_node_on_the/)
* 09: [BTCPayServer has integrated with the Lightning Network](https://www.reddit.com/r/Bitcoin/comments/8x4ux8/lnd_integration_to_btcpayserver_is_done_easy_way/) & [Ledger launches Leder Live, a companion app for their hardware wallet](https://www.reddit.com/r/Bitcoin/comments/8xbq93/ledger_launches_ledger_live_the_allinone/)
* 10: [100 Merchants can trial Bitcoin’s Lightning Network risk free through CoinGate](https://www.reddit.com/r/Bitcoin/comments/8xq4zn/100_merchants_can_now_trial_bitcoins_lightning/)
* 11: [Another day, another bank laundering $8b while claiming Bitcoin is for criminals](https://www.reddit.com/r/Bitcoin/comments/8xzgci/step_1_claim_bitcoin_is_for_criminals_step_2/)
* 12: [A house is sold for bitcoin in the United States](https://www.reddit.com/r/Bitcoin/comments/8y7u5u/first_home_sold_for_bitcoin_in_northeast_united/)
* 13: [Billionaire Steven Cohen invests in cryptocurrency hedge fund](https://www.reddit.com/r/Bitcoin/comments/8yhnpo/billionaire_steven_cohen_invests_in_crypto_hedge/)
* 14: [There are 3 blocks over 2MB in a row](https://www.reddit.com/r/Bitcoin/comments/8yszi4/three_2mb_blocks_in_a_row/) & [A 45 min talk on future technological upgrades to Bitcoin](https://www.reddit.com/r/Bitcoin/comments/8yt65u/future_technological_directions_in_bitcoin_45min/) & [Someone livestreams eating M&M’s from a Lightning-powered candy dispenser](https://www.reddit.com/r/Bitcoin/comments/8yvkm0/someone_is_live_streaming_eating_mms_from_a/)
* 15: [Over 40% of all transactions now use SegWit, while some large companies still haven’t adopted it](https://www.reddit.com/r/Bitcoin/comments/8z0rrz/woo_hoo_we_just_broke_40_segwit_support/) & [A stress test of all the popular metal cold storage devices](https://www.reddit.com/r/Bitcoin/comments/8z1lqy/i_stress_tested_all_of_the_popular_metal_cold/)
* 16: [Dave helps recover someones lost 2.44 btc](https://www.reddit.com/r/Bitcoin/comments/8z926h/dave_bitcoin_from_walletrecoveryservices_did_it/) & [A story from someone working at a financial firm on how they treat clients asking about bitcoin](https://www.reddit.com/r/Bitcoin/comments/8zbhqc/financial_firm_i_work_for_changed_their_tune/) & [A community member translates Bitcoin.org into his native language – Serbian](https://www.reddit.com/r/Bitcoin/comments/8zde8v/ive_translated_bitcoinorg_into_my_native_language/)
* 17: [The bitcoin price rises $1000 in a day with a clear example of how connected exchanges are now](https://www.reddit.com/r/Bitcoin/comments/8zq179/bitcoin_is_working_like_swiss_clock/)
* 18: [A reminder to properly secure your bitcoins](https://www.reddit.com/r/Bitcoin/comments/8zuof6/please_dont_forget_to_secure_your_bitcoin_when_we/)
* 19: [A billionaire states he has 1% of his wealth in bitcoin](https://www.reddit.com/r/Bitcoin/comments/905rvj/billionaire_investor_marc_lasry_im_personally/) & [It is now possible to buy Amazon gift cards with Lightning](https://www.reddit.com/r/Bitcoin/comments/907krv/can_now_buy_amazon_gift_cards_with_lightning/) & [A US Congressman says bitcoin is for criminals, while his own funding source is from illegal gambling](https://www.reddit.com/r/Bitcoin/comments/9068wn/thecryptodog_rekt_us_congressman_welcome_to_our/)
* 20: [Blockchain.com still hasn’t implemented SegWit despite promises](https://www.reddit.com/r/Bitcoin/comments/90g85x/blockchaininfo_12_months_and_still_no_segwit/) & [Robin Hood (the movie) is partnering with Robinhood (the app) to give away $50k in cryptocurrency](https://www.reddit.com/r/Bitcoin/comments/90b3j9/even_hollywood_is_getting_into_btcrobin_hood_the/)
* 21: [The Lightning Network now has over 10k channels](https://www.reddit.com/r/Bitcoin/comments/90p0zy/lightning_network_now_has_over_10000_channels_and/) & [An infographic on how to identify cryptocurrency scams](https://www.reddit.com/r/Bitcoin/comments/90q51e/we_at_blockchain_unam_criptonerds_and_el/)
* 22: [Google is allowing some cryptocurrency ads again](https://www.reddit.com/r/Bitcoin/comments/913a6z/google_brings_back_coinbase_ads/)
* 23: [People discuss a Bitcoin ETF decision on 10th of August](https://www.reddit.com/r/Bitcoin/comments/919445/i_think_interest_in_the_bitcoin_etf_is_driving/) & [The upgrade path to post-quantum computing](https://www.reddit.com/r/Bitcoin/comments/916jdn/description_of_tim_ruffings_upgrade_path_to/) & [How Square could help bitcoin adoption](https://www.reddit.com/r/Bitcoin/comments/913x9t/square_has_over_2000000_merchants_and_a_ceo_that/)
* 24: [New Zap desktop and iOS apps](https://www.reddit.com/r/Bitcoin/comments/91kaia/new_zap_desktop_zap_ios_and_whats_next_jack/)
* 25: [A visualisation of the Lightning Network growth over the past 6 months](https://www.reddit.com/r/Bitcoin/comments/91qtjh/visualizing_lightning_network_119x_growth_from_61/) & [Stratis to release a Bitcoin privacy solution using masternodes based on the TumbleBit protocol](https://www.reddit.com/r/Bitcoin/comments/91umc1/stratis_to_release_bitcoin_privacy_solution/) & [Skrill users can now buy and sell bitcoin](https://www.reddit.com/r/Bitcoin/comments/91qjwh/skrill_users_can_now_buy_and_sell_bitcoin/)
* 26: [A resort in Sri Lanka is accepting bitcoin](https://www.reddit.com/r/Bitcoin/comments/922z60/bitcoin_accepted_in_sri_lankan_resort/) & [Mycelium android wallet is implementing SegWit support a year late](https://www.reddit.com/r/Bitcoin/comments/920xhe/segwit_support_coming_to_mycellium_android_wallet/) & [Marco Polo got laughed away by the Venetian Republic upon introducing paper money](https://www.reddit.com/r/Bitcoin/comments/922m7w/marco_polo_introduces_paper_money_and_the/)
* 27: [An SEC Commissioner disagrees with a bitcoin ETF rejection](https://www.reddit.com/r/Bitcoin/comments/926oub/sec_commissioner_disagrees_with_twins_etf/) & [Google bans cryptocurrency mining apps from its Play Store](https://www.reddit.com/r/Bitcoin/comments/92bo11/googles_new_updates_ban_cryptocurrency_mining/)
* 28: [An article on what happened when Jameson Lopp, a Bitcoin engineer, got SWATted a year ago](https://www.reddit.com/r/Bitcoin/comments/92mhy3/i_was_swatted_a_year_ago_i_havent_revealed_what/)
* 29: [Bitcoin Core 0.16.2 is released](https://www.reddit.com/r/Bitcoin/comments/92w7sn/bitcoin_core_0162_released/) & [Bitcoin adoption in New Hampshire](https://www.reddit.com/r/Bitcoin/comments/92vqec/adoption_in_new_hampshire/) & [A petition to free Ross Ulbricht reaches 43k signatures](https://www.reddit.com/r/Bitcoin/comments/92wewq/petition_to_free_ross_ulbricht_reaches_43000/)
* 30: [Kim Kardashian mentions bitcoin on Instagram to her 114M followers](https://www.reddit.com/r/Bitcoin/comments/92ysjx/kim_kardashian_mentioned_bitcoin_on_instagram/)
* 31: [Iran’s bitcoin trading volume rises as their currency loses value due to US sanctions](https://www.reddit.com/r/Bitcoin/comments/93fbdq/irans_bitcoin_volume_soars_as_rial_value_enters/) & [Ross Ulbricht’s murder-for-hire charges dropped related to the Silk Road](https://www.reddit.com/r/Bitcoin/comments/93ewd3/ross_ulbrichts_murderforhire_charges_dropped_by/)




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Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority.
FindCrypto scans the web for the latest Bitcoin news, so you can find all the latest and breaking news in one convenient location.Author: SamWouters

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