Greetings Bitcoiner,

Welcome to issue #72 of the Bitcoin Breakdown, where we are always looking for feedback. So, how are we doing? Is there anything specific you’d like to see more or less of? Please reply and share your views. We’d love to hear from you!

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⚡️ QUICK BITS

• Samourai Wallet founders, a popular Bitcoin mixing service, arrested and charged with money laundering of over $2B, leading to the seizure of their servers and domain.

• Seth For Privacy summarizes everything actionable you need to know about what the Samourai Wallet indictment means for you as a user.

• k3tan provides detailed instructions on importing an existing Samourai wallet into Sparrow Wallet, including the necessary steps and prerequisites.

• The OP_CAT opcode receives Bitcoin Improvement Proposal number 420, introducing covenants that enable smart contracts, cryptographically secure bridges, zero-knowledge proof verification, and other useful features.

• Bitcoiners seek to bypass Luke Dashjr with Bitcoin Core contributor Bryan Bishop for OP_CAT soft fork.

• Bitcoin Miners earn $109M in halving day rewards.

• Bitcoin transaction fees reach a new ATH average of $128.45 following the Bitcoin halving event and the launch of Runes.

• Bitcoin transaction fees significantly drop post-halving.

• CiberInteligenciaSV publishes some of the source code related to El Salvador’s Bitcoin ATM network on a public black hat-hacking crime forum.

• Jack Dorsey's Block completes a 3nm Bitcoin mining chip and announces a full mining system.

• Bitcoin's mining difficulty reaches a new record of 88.10T after a 1.99% increase in its first adjustment post the fourth halving.

• BlackRock is reportedly 'gaga' over spot its Bitcoin fund that accounts for 24% of the firm's total ETF flows.

• Strike is expanding its payments services powered by Bitcoin's Lightning Network protocol to Europe.

• Block Inc. debuts Bitcoin Conversions for Square, turning sales into bitcoin for select users, aiming to meet merchant demand, with a lower fee than Cash App's retail rate.

• Gold plummets by 15% against Bitcoin in four days.

• Ord.io, a Bitcoin Ordinals explorer, garners $2M in pre-seed funding to support the integration of the new Runes token standard.

• Reserve Bank of New Zealand releases Digital Currency Consultation Paper with plans to launch a digital version of the New Zealand Dollar.

• Swiss Bitcoiners petition the national bank to add BTC to reserves.

• Banks continue to buy BTC off-market via private sales.

• PDVSA, Venezuela's state-owned oil company, uses Tether to bypass US sanctions and safeguard oil sale proceeds from being frozen in foreign bank accounts.

• MicroStrategy to host its 'Bitcoin for Corporations' conference in Las Vegas.

• Angola officially bans all Bitcoin mining activities to 'protect' national energy security.

• The Human Rights Foundation inaugurates the Finney Freedom Prize, honoring Hal Finney posthumously for his pivotal contributions to Bitcoin.

• Post-halving operational costs pushing miners to explore alternative revenue streams like AI and relocate to areas with stranded energy resources, per CoinShares report.

• PayPal wants to give ‘green’ BTC miners extra rewards.

• BTC 200-day average is on track to challenge its previous peak of $49,452 in February 2022.

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🎥 QUICK MEDIA

• Voltage releases video of its integration of Mutinynet to offer an advanced testing environment for Bitcoin applications (Apr 19 | 0:59 min watch).

• The Crypto Couple posts new song, ‘Bitcoin Halving Anthem’, in celebration of the Halving (Apr 19 | 1:09 min watch).

• Bold Bitcoin posts video of Jan3 founder Samson Mow discussing why the anti-Bitcoin energy use arguments are irrational (Apr 23 | 2:04 min watch).

• Only The SAVVY posts a video of columnist and researcher Whitney Webb raising concerns about the shift of Bitcoin's narrative towards being solely a store of value and how governments and banks can use it to control financial systems (Apr 18 | 9:34 min watch).

• Swan Bitcoin releases a new mini-movie about Bitcoin's origins and its enigmatic founder, ‘The Legendary Treasure of Satoshi Nakamoto’ (Apr 21 | 38:33 min watch).

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Until our next transmission,

Naiw

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