Greetings Bitcoiner,

Welcome to issue #64 of the Bitcoin Breakdown, where we love hearing from our readers and are always looking for feedback.

How are we doing? How do you like the new twice-weekly setup? Is there anything you’d like to see more of or less of? Which aspects of the newsletter do you enjoy the most? Please hit reply and share your views; we’d love to hear from you!

Happy readings! 👽️ 

TOGETHER WITH THE BETTERMENT*

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⚡️ QUICK BITS

• FBI orders Google to provide information on all viewers of select YouTube videos to identify a Bitcoin user who potentially ran afoul of money laundering laws and regulations surrounding unlicensed money transmitting.

• London Stock Exchange announces it will roll out a market for Bitcoin exchange-traded notes (ETN) on May 28.

• IMF demands Pakistan impose a capital gains tax on Bitcoin as a condition to receive a $3B bailout package.

• ABC News of Australia runs story on Fakestoshi titled, ‘The Australian liar who claimed to be the creator of bitcoin.’

• Patrick Hansen, Circle's EU strategy and policy director, debunks reports about EU planning to ban anonymous crypto wallets and self-custodial payments.

• Team of seven researchers from various US universities develop a side-channel attack 'GoFetch', that can be used to steal crypto keys from M1, M2, and M3 Apple computers.

• Chinese takeaway worker with 61,000 BTC gets convicted of money laundering on behalf of an international fraudster.

• Runestone creators, a popular Bitcoin ordinals project, send the largest inscription mined to date to Satoshi Nakamoto's wallet.

• 'Build on Bitcoin' startup secures $10M during its seed funding round, led by Castle Island Ventures, to advance hybrid L2.

• Nayib Bekele's release of El Salvador's Bitcoin address reveals Bitfinex as their preferred exchange platform for daily BTC purchases.

• THORChain hits $10B monthly volume as Bitcoin maxis dispute its safety.

• LAPD cracks down on a Bitcoin mining rigs theft worth $6.9M; three suspects in custody.

• Bitcoin halving spurs migration of older Bitcoin mining machines from the US to buyers in developing countries.

• Arkham Intelligence reveals Grayscale's Bitcoin Trust reserves are likely to be depleted within three months.

• Iceland's Prime Minister expresses a desire to prevent Bitcoin mining in the country saying it uses more electricity than households.

• Fifth-richest Bitcoin whale moves BTC worth $6B for the first time since 2019.

• SWIFT, the global bank messaging network, plans to launch a central bank digital currency platform in less than two years.

• Roger Ver declines Adam Back's request to return to Bitcoin, says he's sticking with Bitcoin Cash.

• El Salvador's Bitcoin holdings pass $400M following the country's commitment to building a circular Bitcoin economy.

• Arkham Intelligence positions 'Mr 100,' Bitcoin whale, as a seasoned player whose identity ranges from a Hong Kong financial institution to a tech titan.

• Hong Kong Securities and Futures Commision to allow in-kind creations and redemptions for Bitcoin ETFs.

• Nilam Resources, a little-known investment company, touts $1.7B Bitcoin purchase, pumping its stock, before a mysterious withdrawal of the press release.

• Nilam Resources CEO steps down after $1.7B Bitcoin purchase botched announcement.

• Decrypt Newsletter service hacked and used to send fake token airdrop - don’t click!

• IMF recommends digital money could help promote financial inclusion and quality services in remote and dispersed nations in the Pacific Ocean.

• Bitcoin Fear & Greed Index now at 'extreme greed' as BTC reaches all-time highs, again.

• Neutronpay gets $1.5M funding from Axiom Capital to expand the Lightning Network and deliver instant and low-cost payment solutions in Southeast Asia.

• MicroStrategy's stock hits an all-time high of $1,909 as its total Bitcoin treasury reaches 214,250 BTC.

• Casa, a self-custodial solutions provider, expands its inheritance solution to global customers.

• Hashdex approved to launch spot Bitcoin ETF in the US.

• Marathon Digital Holdings arranges transaction orders in its mining pool to craft logo into a Bitcoin block.

• Bitcoin US spot ETFs experience a massive inflow of $418M after five days of outflows.

• Morgan Stanley set to approve BTC ETF In two weeks.

OTHER NEWSLETTERS TO CHECK OUT*

*You can find more here.

🎥 QUICK MEDIA

• Micheal Saylor answers the question, 'Why should I buy Bitcoin rather than $MSTR stock yet I've made 5x more buying the stock?' (March 27 | 2:47 min watch).

• Bitcoin University addresses the conspiracy theory that the NSA created Bitcoin, encouraging people to research Bitcoin independently rather than succumb to baseless theories (March 25 | 12:02 min watch).

• Swan Bitcoin does a deep dive on why you should say no to crypto, and yes to bitcoin (March 28 | 15:11 min watch).

• ICYMI: Jimmy Song debates Roger Ver, whose upcoming book is likely to argue that BCH is superior and that BTC was hijacked (Sept 10, 2018 | 43:38 min watch).

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Until our next transmission,

Naiw

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