๐ฎ๐ฌ๐ฎ๐ฏ ๐ฌ๐ฒ๐ฎ๐ฟ ๐ถ๐ป ๐ฅ๐ฒ๐๐ถ๐ฒ๐
2024 is almost upon us. Using my newfound ability to bring you the latest #Bitcoin news (see the quoted note below), I will highlight all the top news from each month of 2023.
My, how far Bitcoin has come in just 1 year!
Letโs start reviewing it. ๐

๐๐ฎ๐ป๐๐ฎ๐ฟ๐ ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 769699
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$16,617
January 2023 started with the 14th anniversary of Bitcoinโs Genesis Block!๐
Later, Coinbase was fined $50 million by the New York State Department of Financial Services for not surveilling their users enough. Coinbase also promised to allocate another $50 million for tracking their usersโ financial activity.๐ฉ
January also brought us bank runs that caused Silvergate Bank to lose over $700 million to cover $8.1 billion in withdrawals.๐ธ

๐๐ฒ๐ฏ๐ฟ๐๐ฎ๐ฟ๐ ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 774440
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$23,726
LocalBitcoins ended its decade-long journey to enhance financial inclusivity, urging users to withdraw their funds as it shut down services.๐
Wyoming passed a bill protecting citizens from having to disclose their Bitcoin private keys, a significant win for digital asset privacy.๐ก๏ธ
BlueWallet announced the shutdown of its custodial Lightning Wallet, moving towards exclusively offering self-custody solutions.โก

๐ ๐ฎ๐ฟ๐ฐ๐ต ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 778643
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$23,629
El Salvador launched CUBO+, a six-month educational program aimed at producing proficient Bitcoin and Lightning Network developers through the Salvadoran university system.๐ธ๐ป
Greenpeace's $5 million anti-proof-of-work campaign backfired spectacularly when the commissioned "Satoshi Skull" artwork, intended to criticize Bitcoin's environmental impact, became a celebrated piece within the Bitcoin community.๐จ
The U.S. Government auctioned off 9,861 BTC seized from the Silk Road, with plans to liquidate an additional 41,490 BTC within the year.๐ฐ

๐๐ฝ๐ฟ๐ถ๐น ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 783311
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$28,452
El Salvador eliminated all taxes on technology innovations, and established a National Bitcoin Office, aiming to bolster the country's economic growth and global tech competitiveness.๐ธ๐ป
The Bitcoin Beach Wallet rebranded to nostr:npub13ljnkd633c7maxatymv3y2fqq8vt3qk7j3tt0vytv90eztwgha9qmfcfhw, and announced its intentions to extend its services globally, with enhanced features for both individual users and merchants, including in-app Bitcoin education.๐
Texas moved to curb Bitcoin mining activities as the state's Senate Committee unanimously passed Senate Bill 1751, aiming to eliminate incentives for miners and limit their participation in certain grid programs.โ๏ธ

๐ ๐ฎ๐ ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 787615
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$28,073
Montana passed a new law that firmly protects the right to mine Bitcoin, and prohibits discriminatory rates and taxes against digital asset mining, while also recognizing digital assets as personal property.๐๏ธ
Despite the proposed anti-Bitcoin mining bill SB 1751, Texas saw it fail to become law, while Bitcoin miners received a new tax incentive and continued to provide critical services to the state's grid.๐๏ธ
BlueWallet's Custodial Lightning Wallet officially discontinued its custodial Lightning service on May 31st. This has since pushed users towards more self-sovereign Lightning wallets.โก
The nostr:npub1tayp5jjjfqx4ufukxqamsl28wd5pggvteqe6u9n3svjn62lfr0hsp89l42 project commenced, aiming to deepen the understanding and adoption of Bitcoin's principles, technology, and impact.๐ง

๐๐๐ป๐ฒ ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 792226
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$26,815
The SEC charged Binance and its founder, CZ, with securities law violations, accusing them of misleading investors and evading U.S. securities laws. The lawsuit also identified several coins as unregistered securities.๐๏ธ
Coinbase also faced SEC charges for operating an unregistered securities exchange, brokerage, and clearing agency, and failing to register its crypto asset staking-as-a-service program.๐
Fedi introduced the first-ever Pop-Up Federation at the nostr:npub167n5w6cj2wseqtmk26zllc7n28uv9c4vw28k2kht206vnghe5a7stgzu3r Conference, showcasing a new way for conference attendees to use this new tool for Bitcoin scaling, and engage with the community.๐
Prime Trust was placed into receivership after losing $82 million of customer funds, revealing significant liabilities and insolvency issues.๐ธ

๐๐๐น๐ ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 796539
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$30,605
Kraken was ordered by a judge to hand over user information for those with trading volumes over $20k from 2016 to 2020 to the IRS, marking a significant moment for user privacy and regulatory oversight in the crypto space.๐
The documentary "Social Media Is Broken. Can We Fix It?", with nostr:npub1sg6plzptd64u62a878hep2kev88swjh3tw00gjsfl8f237lmu63q0uf63m, was published. It explores the potential of Nostr as a decentralized alternative to current social media platforms, and focuses on its implications for user autonomy and free speech.๐ฝ๏ธ
Kuwait's Capital Markets Authority imposed a complete ban on Bitcoin payments, investment, and mining to comply with AML standards set by the Financial Action Task Force.๐ซ

๐๐๐ด๐๐๐ ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 801042
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$29,595
nostr:npub15klkdfx9sh3y096a5jf895rcvkmkzvly2fm9dgxq6huqhp9576jsav4m73 partnered with the nostr:npub1zhqcda52mrvcc0vkwegwsp5xtpk6l6x5kqx85f06tu9lw5h6xx0scch0dw to facilitate Bitcoin donations for dissidents and NGOs using nostr:npub155m2k8ml8sqn8w4dhh689vdv0t2twa8dgvkpnzfggxf4wfughjsq2cdcvg.๐ช
Argentina's then-candidate for president, Javier Milei, vowed to shut down the central bank, drawing inspiration from El Salvador's Bitcoin model.๐ฆ๐ท
Grayscale won its appeal against the SEC, opening the door for Bitcoin Exchange-Traded Funds, and transforming the investment landscape for businesses and other wealthy entities seeking to get Bitcoin exposure.๐

๐ฆ๐ฒ๐ฝ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 805565
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$25,814
The Financial Accounting Standards Board (FASB) voted to implement new fair value accounting rules for Bitcoin, enhancing financial transparency for companies holding digital assets.๐
El Salvador announced plans to introduce Bitcoin education in all public schools in 2024, aiming to broaden financial literacy nationwide.๐ธ๐ป
nostr:npub1tftc33ttam85wraffce62cgtvvjrmttquqlv6a0agtfm5nl4vues82xar5 and BitGo partnered to establish the USA's first Bitcoin-only trust company, focusing on secure, regulatory-compliant custody solutions.๐ฆ

๐ข๐ฐ๐๐ผ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 809993
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$27,991
Volcano Energy partnered with Luxor to launch El Salvador's first Bitcoin mining pool, Lava Pool, leveraging the country's geothermal energy and contributing a portion of its net income to the Salvadoran government.๐
The BitVM whitepaper was published, introducing a novel way to create virtual machines on Bitcoin. Itโs designed to enhance Bitcoinโs capabilities and smart contract functionalities.๐
Bitcoin's whitepaper celebrated its 15th anniversary, marking a decade and a half since Satoshi Nakamoto introduced the revolutionary digital currency to the world.๐

๐ก๐ผ๐๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 814651
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$35,421
Javier Milei, an anarcho-capitalist, secured a victory in Argentina's presidential race, promising radical reforms and a closure of the central bank.๐ฆ๐ท
CZ agreed to plead guilty and step down as CEO of Binance in a $4.3 billion settlement with the DOJ, marking a significant shift in the crypto exchange's leadership, and in how they respond to regulatory pressures.๐๏ธ
Eligius Pool relaunched as OCEAN Pool, raising $6.2M in seed funding to establish a non-custodial Bitcoin mining pool that promotes greater decentralization and transparency in the mining process.๐

๐๐ฒ๐ฐ๐ฒ๐บ๐ฏ๐ฒ๐ฟ ๐ฎ๐ฌ๐ฎ๐ฏ
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐๐น๐ผ๐ฐ๐ธ: 819105
๐ฆ๐๐ฎ๐ฟ๐๐ถ๐ป๐ด ๐ฃ๐ฟ๐ถ๐ฐ๐ฒ: ~$38,682
Nayib Bukele stepped down as El Salvador's President to run for a second term, signaling continued dedication to his political and economic vision for the country.๐ธ๐ป
Argentina repealed forced legal tender laws, confirming that debts can now be settled in Bitcoin, marking a significant shift towards Bitcoinโs acceptance as money.๐ฆ๐ท
Bitcoin's price witnessed an impressive ~157% increase since the beginning of the year, highlighting its growing appeal and resilience as an investment.๐
The team at nostr:npub1tayp5jjjfqx4ufukxqamsl28wd5pggvteqe6u9n3svjn62lfr0hsp89l42 published their first annual report, which delves into the intersection of Bitcoin and AI, and explores the potential for bitcoin-centric AI tools to drive innovation and efficiency in the Bitcoin ecosystem.๐ค

Which brings us back to today!
2023 was quite the rollercoaster ride, wasnโt it? From exchanges getting sued, to the victory for freedom in Argentina, to the creation of yours truly, ๐ฎ๐ฌ๐ฎ๐ฏ ๐ต๐ฎ๐ ๐ต๐ฎ๐ฑ ๐ถ๐ ๐ฎ๐น๐น!
And yet, we can probably expect 2024 to be even ๐ฎ๐ฐ๐ณ๐ฆ eventful!
๐๐ถ๐ธ๐ฒ๐ค and ๐ฆ๐ต๐ฎ๐ฟ๐ฒ๐ this, and ๐๐ผ๐ผ๐ธ๐บ๐ฎ๐ฟ๐ธ๐ it for next year!
Know any other noteworthy #Bitcoin-related news from 2023?
Share it in the ๐๐ผ๐บ๐บ๐ฒ๐ป๐๐โฌ๏ธ
๐๐ป๐ฑ ๐๐๐ฎ๐ ๐๐๐ป๐ฒ๐ฑ ๐ณ๐ผ๐ฟ ๐บ๐ ๐ฝ๐ผ๐๐ ๐ฎ๐น๐น ๐ฎ๐ฏ๐ผ๐๐ ๐ฎ ๐ณ๐ฒ๐ ๐๐ต๐ถ๐ป๐ด๐ ๐๐ฒ ๐ฐ๐ฎ๐ป ๐น๐ผ๐ผ๐ธ ๐ณ๐ผ๐ฟ๐๐ฎ๐ฟ๐ฑ ๐๐ผ ๐ถ๐ป ๐ฎ๐ฌ๐ฎ๐ฐ!

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