Following an official announcement released by Bitfinex on December 4, 2019, users of the well-known exchange will be able to access the Bitrefill shop directly from the exchange interface and buy gift cards using the Lightning Network. Bitfinex for a New Digital Economy Yesterday, BTCManager presented the integration of deposits and withdrawals via Lightning Network […]
Fundamentally Ethereum is going from strength to strength. Network activity is up, development is on track, an upgrade is imminent, and DeFi is hitting record figures. Yet ETH prices have fallen again so what is going on? Ethereum Network Strengthens Despite a flurry of FUD from Bitcoin maximalists and rival network supporters, Ethereum is still […]
It wasn’t too long ago that CryptoKitties fever went overboard and crashed the entire Ethereum network with an unfathomable number of transactions. In a recent Twitter thread, Coin Metrics explains how Gods Unchained, a digital card trading game, has surpassed CryptoKitties in transaction volume without being a burden on the network, November 20, 2019. Rational […]
Ethereum has been closely tracking Bitcoin’s price action over the past several days and weeks, and this correlation has persisted when ETH dropped overnight as BTC was met with significant selling pressure within the lower-$9,000 region, which subsequently sent it reeling down to $8,700. Bitcoin’s current bearishness has caused Ethereum to show similarly bearish signs, […]
Bitcoin can now be spent to book housing at Airbnb via Fold app gift cards alongside other big-name retailers such as Amazon, Starbucks and Uber. Bitcoin payments app Fold now supports home-sharing giant Airbnb, the firm announced on Nov. 11. Now Fold users can get 3% back in Bitcoin (BTC) on every stay and experience […]
Happy (other) birthday, bitcoin.
A Twitter poll by bitcoin evangelist Pierre Rochard discussed whether the Lightning Network is a suitable tool for BTC transactions on crypto exchanges. Poll Signals to Lightning Network Curiosity Should Bitcoin exchanges enable Lightning deposits and withdrawals? — Pierre Rochard (@pierre_rochard) October 14, 2019 Proponents of LN believe it would be a good fit for […]
Determining Bitcoin’s value and its trend is not an easy task. However, some experts and crypto traders believe that by analyzing BTC’s network activity, they can establish the cryptocurrency’s value. Travis Kling: “Network value should be a function of network activity.” Stock analyst and traders have at their disposal various indicators originated from financial statements, […]
Bitcoin developer Rusty Russell disclosed Friday the lightning network vulnerability that forced software upgrades in July.
Serving as a second layer on top of Bitcoin, enabling cheap and fast private payments, the Lightning Network has ushered in new businesses, projects and users to the space. But while Bitcoin’s Lightning Network seems to be proving itself a valuable solution (with exponential year-over-year growth in the total number of channels), new challenges have […]
Lightning Labs has reportedly confirmed the existence and exploitation of Bitcoin Lightning Network vulnerability. The peer-to-peer payment network is responsible for providing low-priced and quick Bitcoin payments, but due to this bug incident, it might not be prepared for huge payments. A well-known Blockstream developer Rusty Russell in August exposed the bug on the mailing […]
Liquid adds another exchange to its collection of global partners.
Ethereum (ETH) surged today after the aggregated altcoin market responded bullishly to Bitcoin’s period of consolidation in the mid-$10,000 region. This upwards momentum has sent it up towards $185, which has previously been a strong level of support for the cryptocurrency. Now analysts are noting that Ethereum’s network is expressing significant strength, which may be […]
Ricardo Pérez-Marco is a Spanish university professor who teaches mathematics at the Paris Diderot University in France. Since discovering Bitcoin sometime in 2011 and realizing that the cryptography and math were unassailable, he has dedicated a significant amount of time to researching Satoshi Nakamoto’s creation. At one point in 2013, he attempted to create a […]
Coinme, which provides kiosks and ATMs for digital currencies, raised $1.5 million in a Series A-1 financing round that included Ripple’s subsidiary Xpring and Blockchain Finance Fund, the company said. Proceeds from the funding will be used for additional licensing to expand its U.S. and international coverage. Co-founder and CEO Neil Bergquist told CoinDesk that […]
Parity core dev Wei Tang has requested more time to finish EIP implementations, pushing the Ethereum Network’s Istanbul hardfork to September 6. Parity, a blockchain infrastructure company that runs the core of the Ethereum network, is delaying the Ethereum core devs’ planned hardfork until Sept. 6. Waiting on Parity EtherWorld founder Pooja Ranjan provided notes […]
Bitcoin exchange Gemini joins the Silvergate Exchange Network (SEN) 🟀 CryptoNinjas Gemini, the US-headquartered bitcoin exchange and trust company, today announced that it has joined the Silvergate Exchange Network (SEN). SEN allows the company’s institutional customers to deposit and withdraw U.S. dollars to and from their Gemini account in real-time; 24 hours a day, 7 […]
The Lightning Network has been subject to controversy since it’s rise to prominence in 2016. Championed as BTC’s solution to scaling, thousands of people in the Bitcoin community voiced their opinions on how it wouldn’t work. Now, nearly a year and a half later, it is still receiving criticism regarding its centralization, routing issues, and […]
Bitcoin users are more secure if they use full Bitcoin nodes, and the overall Bitcoin network is healthier if they do, too. To encourage this, resource requirements to run a full node should be kept low, including the bandwidth required. Erlay is a new proposal that could help reduce bandwidth requirements. It was developed by […]
Bitcoin price may be losing ground, but its network is now more competitive – and secure – than ever before, new data shows. Bitcoin Mining Hashrate, Difficulty, Transaction Output Value Spike According to monitoring resource Blockchain (formerly Blockchain.info), three essential Bitcoin 00 network metrics achieved new daily records at the same time this week. Hashrate, […]
LibertyX has announced the addition of 90 bitcoin ATMs in Nevada and Arizona thanks to a partnership with DesertATM that added its machines to LibertyX’s growing network. The company also revealed that it now operates over 1,000 bitcoin ATMs nationwide. Through the machines, LibertyX allows customers to purchase bitcoin with cash or debit cards at […]
Global news agency Reuters has revealed; with reference to sources privy to the agency, that Japan is going to lead a cryptocurrency Swift like network development. Reuters reveals that the Japanese government is taking the step to fight against money-laundering and the network would ensure that all transactions are recorded according to the regulations. The […]
In the last research report published on July 15, 2019, Bitmex analyzes the Bitcoin Lightning Network with respect to channel closure. The research is focused on a mechanism called “Justice Transactions” that punish dishonest parties and prevent them from stealing funds from other Lightning channels. According to the report, 241 Justice transactions were identified, representing […]