Proof of Industryโ€”Issue #29

Bitcoin Industry Updates From April 18th, 2024 - May 1st, 2024

Brought to you by Bitcoin Talent Co.

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News & Updates

Covering April 18th, 2024 - May 1st, 2024

Company Updates 

MicroStrategy, a leading business intelligence and software company, has continued its commitment to Bitcoin by purchasing an additional 122 BTC in April at a total cost of $7.8 million. They now hold over 214,000 bitcoins worth over $15.5 billion.

The founders of Samourai Wallet, a cryptocurrency mixing tool, have been charged with money laundering, alleging that the software was used to facilitate over $100 million in illegal transactions. They collected millions in fees for their services, and the website and mobile app have been seized by the U.S. government.

The Lightning Network bitcoin wallet, Phoenix, announced that it will cease services for U.S. residents on May 3, 2024, due to concerns about government regulations and crackdowns on financial privacy and non-custodial solutions.

Custodia Bank, a Wyoming-based digital asset bank, is in a legal dispute with the Federal Reserve over its application for a master account. The outcome of this case will have significant implications for the adoption of digital assets in the traditional banking system.

Product Updates

Block, the company behind Square and Cash App, has introduced a new program for merchants that allows them to convert a percentage of their daily sales to bitcoin. This feature will be available to all eligible merchants in the coming months.

Voltage, a Bitcoin platform, has integrated Mutinynet, a custom signet, to provide a more efficient and realistic testing environment for Bitcoin developers. This integration aims to simplify the testing process, reduce block times for faster confirmation, and enable long-term testing for more reliable applications.

Block has announced its development of a three-nanometer bitcoin mining chip and plans to release a full mining system. They are seeking input from the mining community to improve their product.

Strike, a bitcoin-only money app, has launched in Europe, offering users the ability to buy, sell, send, and withdraw bitcoin with ease, along with global payments and lightning wallet features.

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Interviews w/ Industry Leaders

KEY: ๐ŸŽ™ = listen, ๐Ÿ“บ = watch, ๐Ÿ“– = read

OPA004 - Eric Podwajski: Orange Pill Academy sits down with co-founder of Bitcoin Talent Co, Eric Podwajski, to discuss the pitfalls of overly aggressive Bitcoin advocacy, how different generations view Bitcoinโ€™s long-term value, and some of Ericโ€™s tactics for using social media to build a professional brand. (๐ŸŽ™)

WBD801 - A Paradigm Shift in Money with American HODL, Preston Pysh, Harry Sudock & Jeff Booth: Host Peter McCormack sits down with American HODL, Preston Pysh, Harry Sudock, and Jeff Booth, to discuss why bitcoin matters, the paradigm shift in money, and the transition to a new system. (๐ŸŽ™, ๐Ÿ“บ, ๐Ÿ“–)

TBFP - Bitcoin Skepticism with Micah Warren: Joe Burnett sits down with academic, Micah Warren, to discuss bitcoin skepticism, focusing on topics such as hashrate volatility, potential miner attacks, and Michael Saylorโ€™s perspective on bitcoin. (๐ŸŽ™, ๐Ÿ“บ)

TBSP218 - Nomad Capitalist with Andrew Henderson: Host Saifedean Ammous sits down with the CEO of Nomad Capitalist, Andrew Henderson, to discuss how his firm helps people seek the best jurisdictions for enhancing their wealth and freedom. (๐ŸŽ™, ๐Ÿ“บ)

Coin Stories - Dennis Porter: Bitcoin Sanctuary States, Political Wars on Bitcoin, Property Rights Maximalism: Host Natalie Brunell sits down with the CEO of Satoshi Action Fund, Dennis Porter, to discuss preventing political wars on Bitcoin, sanctuary states, property rights maximalism, and more. (๐ŸŽ™, ๐Ÿ“บ)

BCB153 - DAX & E of SeedHammer โ€” Privacy, Paranoia & Hammered Steel: Host Josh sits with DAX and E from SeedHammer, to discuss cold storage backups, the basics of Multi-Sig, wallet configuration, and more.(๐ŸŽ™, ๐Ÿ“บ)

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Working in Bitcoin

Bitcoin Talent Co. works directly with Bitcoin-focused companies to help them hire and operate at scale. Below are some of the hottest positions we are actively recruiting candidates for.

27 Open Jobs ๐Ÿ”ฅ

  • Other (7)

  • Hardware (2)

  • Marketing (3)

  • Operations (2)

  • Software Engineering (11)

  • Sales & Business Development (2)

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- Dylan (@dbenedetto21)

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If you found value in this newsletter please subscribe and tell a friend. Our mission is to strengthen the bitcoin network with premiere human capital. The more professionals know about us, the more talent we can bring into the industry!