Binance CEO Waiting for Elon Musk to Take Bitcoin Lightning Torch

Cryptocurrency exchange Binance’s CEO has renewed calls for Tesla founder Elon Musk to participate in a Lightning Network project begun by Bitcoin users. A Week Of Musk-Lobbying In a tweet February 10, Changpeng Zhao advocated Musk as the next participant in Lightning Torch, a relay transaction circulating through the Network since January. Aiming to test […]

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Bitcoin Lightning Network Hits 6,000 Nodes After Week Of Twitter Spotlight

Bitcoin’s mainnet Lightning Network implementation has hit new records across the board as its rapid growth continues in 2019. 6,000 Nodes, $2.4 Million Capacity Data from monitoring resource 1ML.com confirms that the number of active nodes, channels and overall transaction capacity of Lightning are all now higher than ever in its thirteen-month history. The increase […]

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Top Bitcoin Lightning Apps You Can Use Today (Part 2)

So we continue our journey into the wonderful (and sometimes weird) world of Lightning Apps (LApps). And as a testament to how far the market has come, my quick ‘listicle’ has morphed into a two-part behemoth. If you haven’t already, then check out Part 1, covering wallets, marketplaces, content monetization, and tip jars. If you […]

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Top Bitcoin Lightning Apps You Can Use Today (Part 1)

Not only does Lightning Network negate the existence of many altcoins but also takes a hatchet to smart contract platforms by enabling various apps (LApps). Harnessing the BTC network while enabling instant transactions and near-zero fees, these Lapps are already demonstrating some promising use-cases for Bitcoin’s second layer.  It is just over a year since Blockstream […]

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Blockstream Satellite Broadcasts First Message From Mysterious Bitcoin User

Cryptocurrency figures were sharing a sense of excitement January 24 after a mystery user broadcast a message on the Bitcoin blockchain via Blockstream’s satellite network. ‘Straight Out Of Bladerunner’ Blockstream, which launched its network of satellites to allow Bitcoin users to transact without an internet connection, has yet to provide official comment on the event, […]

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Bitcoin’s Liquid Sidechain Welcomes Japanese Yen Stablecoin

Blockstream has announced Crypto Garage, a joint venture with Digital Garage and Tokyo Tanshi, to serve the Japanese Bitcoin market. The partnership will soon launch the Liquid sidechain based SETTLENET suite, the first application of which will be a yen-pegged stablecoin. SETTLENET on Bitcoin’s Liquid Sidechain The SETTLENET suite aims to provide Japanese exchanges and OTC trading desks with enhanced liquidity, speed […]

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Bitcoin Should ‘Depart’ From Proof-of-Work, Says Bank Of International Settlements

Bitcoin figures have dismissed the latest report on cryptocurrencies by the Bank of International Settlements (BIS) after it claimed Bitcoin must stop using its Proof-of-Work algorithm. BIS: Bitcoin Must Drop Proof-of-Work The report, ‘Beyond the doomsday economics of “proof-of-work” in cryptocurrencies,’ was released January 21. It focused on double-spend attacks within cryptocurrency blockchains, as well […]

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Australian Bitcoin ATM Startup Says Its Raking in $360,000 Per Week

A Bitcoin ATM company from Australia has reported a weekly turnover of $500,000 AUD (roughly $360,000 USD) despite the cryptocurrency bear market.  $360,000 Weekly Turnaround Auscoin, an Australian bitcoin ATM company, has reported a weekly turnaround of $360,000 in 2018. According to the reports, it’s currently operating 31 ATMs throughout Australia but it’s planning to […]

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Bitcoin Node Count Stabilizes – Back Up Over 10K in Past 3 Months

The Bitcoin network continues to rebound from recent activity slumps, its total node count reaching 65,000 with reachable nodes totalling over 10,000. Technical ‘BUIDLout’ Continues Data from Earn.com (formerly 21.co) and Bitcoin developer Luke-jr’s own monitoring resource confirm the growth, which has lately centered on Germany, now contributing almost 19 percent of nodes. Specifically, there […]

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Satoshi’s Vision ‘Not a New VISA’ But An Alternative to Banks, Says Dan Held

Bitcoin creator Satoshi Nakamoto wanted it to be an “alternative to banks,” not a “new VISA,” cryptocurrency veteran and former Blockchain executive Dan Held has said. What’s In A ‘Vision’? In a series of tweets January 14, Held became the latest well-known figure to take issue with pundits who claim Bitcoin’s intended purpose is primarily […]

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