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Posts Tagged ‘BITCOINS’

Top 5 Cities Embracing Bitcoin’s Lightning Network

Bitcoin’s Lightning Network implementation is going from strength to strength, but statistics about its growth make for interesting reading. 2019’s Big Bitcoin Trend Bitcoinist regularly reports on Lightning’s progress, with the ecosystem now breaking new records on a weekly basis. As a technology which is still very much in its earliest phases, however, what does…

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Square CEO Jack Dorsey Says Bitcoin’s Lightning Is Coming to Cash App

A bitcoin scaling solution called the lightning network may soon come to Square’s Cash App for mobile payments. Twitter and Square CEO Jack Dorsey, an investor in the bitcoin-oriented startup Lightning Labs, recently announced during an interview with podcaster Stephan Livera that there are plans to integrate the scaling technology with Square’s mobile app. “It’s…

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Civic CEO: Bitcoin’s Crypto Winter Could Soon Turn ‘Nuclear’

The term “Crypto Winter” has been thrown around a lot lately to describe the more-than-one-year-long bear market in Bitcoin and broader cryptocurrency space. However, Civic’s CEO thinks that the phrase “Nuclear Winter” might soon be more appropriate. ‘Winter has come’ for Bitcoin (BTC) and the broader cryptocurrency market, but any hopes for a bull run…

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Bitcoin’s Lightning Network Now Beating Altcoins At Their Own Game

The raison d’être of many altcoins was to improve on Bitcoin’s transaction times and fees. But with Lightning Network performing much the same functions for Bitcoin, are these altcoins really necessary any more? Not so much, according to figures from online retailer Bitrefill. Fill Her Up Bitrefill originally just sold mobile phone top-ups online, but added gift-vouchers…

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Bitfury Releases Merchant, Developer Tools for Bitcoin’s Lighting Network

Blockchain technology firm Bitfury has released a suite tools aimed to drive adoption of bitcoin’s lightning network. Although the network is still under development, Bitfury announced a comprehensive product list to support the tech on Wednesday, including an open-source lightning wallet and hardware and software tools for merchants and payment processors to accept payments. It…

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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’s Proof-of-Work Algorithm Needs Replacing, Argues BIS Study

The proof-of-work (PoW) algorithm used by bitcoin and some other cryptocurrencies is not viable in the long-term and needs to be replaced, argues a new study from the Bank of International Settlements (BIS). BIS, considered to be the central bank of central banks, published a research report on Monday, saying that PoW – which uses…

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Avoid These Exchanges If You Want to Keep Your Bitcoins

Hackers stole over $1.8 billion in 2018 from crypto exchanges. So, if you’re still trusting one with your private keys, you really ought to know better. But if you’re too busy or too lazy to set up a hardware wallet for your funds, at least you should know where exchanges rank when it comes to…

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Thailand Stock Exchange Considering Gov’t License to Trade Bitcoins

The Stock Exchange of Thailand (SET) could become the latest entity to obtain a cryptocurrency trading license in the country. This news comes as the bourse is reportedly mulling to become a licensed digital asset trading platform.  SET Eyes Digital Asset License to Trade Cryptocurrency According to the Bangkok Post, the SET plans to apply to…

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