August 2020

Pioneering cryptographer Hal Finney saw the need for an untraceable form of digital cash, and his work ultimately fostered the creation of Bitcoin.
The Genesis Files: How Hal Finney’s Quest For Digital Cash Led To RPOW (And More)

Pioneering cryptographer Hal Finney saw the need for an untraceable form of digital cash, and his work ultimately fostered the creation of Bitcoin.

A Monetary Layer For The Internet

Bitcoin is growing into the internet’s native monetary layer, functioning as a suite of public network protocols with undeniably scarce units of value.

With the recent price rise, many bitcoin traders have incurred capital gains that need to be reported on year-end tax returns. But how?
Do The IRS Crypto Tax Letters Violate Taxpayer Rights?

The IRS is sending letters to bitcoin investors again, warning them about potential misreporting and, according to its own watchdog, violating their rights.

The founder and CEO of Blockware Solutions battled leukemia for seven years. He’ll be remembered for his knowledge, leadership and generosity.
Mathew D’Souza, Bitcoin Pioneer, Dies At 29

The founder and CEO of Blockware Solutions battled leukemia for seven years. He’ll be remembered for his knowledge, leadership and generosity.

The Bear Arms N’ Bitcoin event in Austin on September 19 and 20 is an in-person chance to celebrate the latest tools in freedom and privacy.
On September 19, Bear Arms N’ Bitcoin Will Host Full Stack Freedom

The Bear Arms N’ Bitcoin event in Austin on September 19 and 20 is an in-person chance to celebrate the latest tools in freedom and privacy.

Lily Wallet promises to make it easier than ever to apply multisig management to your bitcoin wallet. In this video, Bitcoin Magazine’s Christian Keroles explains how.
Video: How To Use Lily Wallet

Lily Wallet promises to make it easier than ever to apply multisig management to your bitcoin wallet. In this video, Bitcoin Magazine’s Christian Keroles explains how.

Lightning Network's Latest News
Strike Announces Cash Back, Letting Merchants Pass On Lighting Network’s No-Fee Benefits

Lightning transaction app Strike has announced cash back rewards for users, granting them returns on purchases thanks to Lightning Network efficiency.

Meet The Restaurant Owner Who Moved His Business Reserves To Bitcoin
Meet The Restaurant Owner Who Moved His Business Reserves To Bitcoin

Like small- and medium-sized business owners around the world, Ali Hamam was hit hard by coronavirus. But then he turned to Plan B.

River Financial doesn’t want to be just another exchange: It wants to be the world’s first Bitcoin financial institution.
River Financial Joins Hawaii’s Digital Currency Innovation Lab

Bitcoin-based financial institution River Financial announced that it will participate in Hawaii’s regulatory sandbox program.

International Medical Corps has partnered with Blockhair and The Giving Block to launch #BitcoinForBeirut and raise money from Bitcoiners.
#BitcoinForBeirut Seeks Sound Money To Help City’s Explosion Victims

International Medical Corps has partnered with Blockhair and The Giving Block to launch #BitcoinForBeirut and raise money from Bitcoiners.

The recent ruling that national banks can custody bitcoin raises questions
Questions Remain Around The OCC Decision To Allow Banks To Custody Crypto

The recent ruling that U.S. banks can custody bitcoin means that the rules have changed — we just don’t yet know exactly how.

Business intelligence firm MicroStrategy has invested $250 million dollars into bitcoin, accumulating about 0.1 percent of the total supply.
MicroStrategy Buys Massive 0.1 Percent Of Total Bitcoin Supply

Business intelligence firm MicroStrategy has invested $250 million into bitcoin, accumulating about 0.1 percent of the total supply.

As one of the best-performing funds in the space, Off The Chain Capital sets a value investing narrative for bitcoin.
With Value Approach, Off The Chain Capital Is Changing The Bitcoin Investment Narrative

As one of the best-performing funds in the space, Off The Chain Capital sets a value investing narrative for bitcoin.

Payment pools, a potential Layer Two solution made possible through Taproot, could let groups of bitcoin users share UTXOs and enjoy more privacy.
Building on Taproot: Payment Pools Could Be Bitcoin’s Next Layer Two Protocol

Payment pools, a potential Layer Two solution made possible through Taproot, could let groups of bitcoin users share UTXOs and enjoy more privacy.

Bitcoin custody provider Casa will now allow users to purchase bitcoin directly to their wallets, without having to go through an exchange.
Casa Launches In-Wallet Purchasing

Bitcoin custody provider Casa will now allow users to purchase bitcoin directly to their wallets, without having to go through an exchange.

Is Bitcoin truly inevitable? Or too confusing to ever gain mass adoption? One day, the Lightning Network might provide an answer.
Grandmas On Lightning

Is Bitcoin truly inevitable? Or too confusing to ever gain mass adoption? One day, the Lightning Network might provide an answer.

Celebrating The History And Spirit Of Bitcoin Independence Day

Bitcoin Magazine’s celebration of Bitcoin Independence day showcased the holiday’s emphasis on history, freedom and debate.

A super PAC established for 2020 presidential candidate Andrew Yang, an outspoken proponent of bitcoin, accepts Lightning Network donations.
OKCoin Awards Latest Developer Grant To Marco Falke

Cryptocurrency exchange OKCoin’s latest open-source developer grant is going to one of the network’s most prolific contributors, testing and quality maintainer Marco Falke.

Bitcoin Black Friday is returning in full force for 2020, emphasizing Bitcoin’s power as a payments tool with major discounts on retail items.
Bitcoin Black Friday 2020 Will Host Major Discounts For BTC Payments

Bitcoin Black Friday is returning in full force for 2020, emphasizing Bitcoin’s power as a payments tool with major discounts on retail items.

BitBlockBoom Is Bringing Bitcoiners Back Together

The BitBlockBoom conference will be held in Dallas, Texas on August 29, 2020. We asked organizer Gary Leland about how he’s preparing to ensure a safe event.

The Human Rights Foundation is donating 1 BTC each to three developers focused on increasing Bitcoin’s usability.
The Human Rights Foundation Awards Grants to Three More Bitcoin Projects

The Human Rights Foundation is donating 1 BTC each to three developers focused on increasing Bitcoin’s usability.

MyCryptoMixer.com: How to mix your coins using the Best Bitcoin Mixer (Tumbler) in 2020

Promoted: By properly masking your transactions with a bitcoin mixer, you can remove the traceability of your pseudonymous transactions.

Reddit Roundup - July 2020
Bitcoin Reddit Roundup – July 2020

Every month, Bitcoin Magazine puts together a short recap of this months events as told through the best links from Bitcoin Reddit.

Check out our July 2020 roundup!