Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Jack Dorsey’s Bitcoin Lightning Network Plan, Pre-Crash Crypto Enthusiasm, Cryptopia’s Liquidator Sells DOGE + More News Read more »Pay, Trade, Buy Bitcoin with Credit Card
A discussion has emerged about possible use cases for the Bitcoin (BTC) Lightning Network, and whether the network could potentially support decentralized finance (DeFi) applications and non-fungible tokens (NFTs). The discussion followed the publication of a paper by three well-known bitcoiners…. Read More: Report on Lightning Network-Powered DeFi and NFTs Dismissed Even by Bitcoin…
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The Bitcoin LN was first implemented into the Bitcoin mainnet in 2018 and has ever since been able to maintain an upward trajectory in terms of expanding its capacity. Unwithered by the ongoing bear market, Bitcoin’s (BTC) underlying architecture continues to outperform itself — further securing, decentralizing and speeding up the impenetrable peer-to-peer (P2P) network.…
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In recognition of Bitcoin pizza day, the first-ever real-world transaction using Bitcoin, Cointelegraph speaks with the crypto community about their historic BTC purchases. Happy Bitcoin Pizza Day! Before you dial for a Margherita to commemorate the world’s first real-world Bitcoin transaction, here’s a slice of trivia: What do a family holiday to Japan, a 50…
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Fueled by the ongoing expansion of the Lightning Network, bitcoin (BTC) has the potential to disrupt the existing legacy payment networks the world over — and Block, the payments company formerly known as Square, hopes to use the cryptocurrency to boost its presence across the globe. … Read More: Block Expects Bitcoin To Disrupt Legacy Payments,…
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Crypto exchange and web wallet provider CoinCorner has announced the launch of its Bolt Card, a contactless Bitcoin (BTC) card powered by near-field communication (NFC) and the Lightning Network (LN). The card allows users to leverage the power of the LN, a layer 2 (L2) payment protocol layered on top of Bitcoin that makes…
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Sam Bankman-Fried, the founder of the cryptocurrency exchange FTX, has given his take regarding the future of Bitcoin’s usage. Bankman-Fried stated he doesn’t believe that Bitcoin will work as a payments network, due to its limited capability for scaling to fulfill this task. However, he believes it might become “an asset, a commodity, and a…
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After facing a backlash from the Bitcoin (BTC) community over comments to the Financial Times that Bitcoin is “not a payments network,” Sam Bankman-Fried, the billionaire CEO of crypto exchange FTX, now hints that his exchange may implement Bitcoin Lightning Network payments. “Sounds right, will ping devs,” Bankman-Fried replied to a comment that suggested…
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David Marcus, former cryptocurrency head at Meta, is launching Lightspark, another payments company that will use crypto as its central payment tool. The startup, which will have Marcus at the helm as CEO, also features some of Meta’s former employees and will explore the possibilities of using the layer 2 Lightning Network (LN) as a…
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Sam Bankman-Fried, CEO and founder of major crypto exchange FTX, and investor in Solana (SOL), was accused of misleading the public as he omitted important facts while bashing Bitcoin (BTC). The CEO claims that his quotes were chosen “very selectively” by a mainstream media outlet, known for skepticism towards Bitcoin and crypto…. Read More:…
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