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Blockchain Social Network Minds Is Migrating to Ethereum for Launch

Blockchain-based social network Minds is migrating its platform to the ethereum network, the startup announced Monday. After roughly four-and-a-half months on its Rinkeby test network, the startup will be moving to ethereum for its full live launch. The firm claims to provide a censorship-resistant, accessible social network for users, especially those in potentially authoritarian nations,…

The DADI Network Goes Mainstream, Rolling Out Node Giveaway

In its early days, the web’s founding principles were clear and simple: A new way to host and distribute information globally, bringing data together in a way that’s fair and open for all. But as adoption rose, networks swelled and our reliance on the internet grew, and finding a home for all that data became…

Early Crypto Adopter Dish Network Now Accepts Bitcoin Cash

Dish Network, one of the first major firms to accept bitcoin as method of payment, has announced it now also accepts bitcoin cash. The support for a second cryptocurrency comes a full four years after the U.S.-based subscription TV provider first decided to accept bitcoin in 2014. At the time it was the world’s largest…

Lightning Network Passes 3000 Nodes, Capacity Approaches 100 BTC

The Lightning Network active on the Bitcoin mainnet has passed 3000 nodes with capacity for almost 100 BTC in August. Capacity Expands 85% In July Data from monitoring resource 1ml.com confirms that network capacity increased 85 percent in the past thirty days, bringing mainnet Lightning’s total funds accommodation to 97 BTC ($628,000). Lightning originally debuted…

Company to Create Global Network of Health Centers That Accept Cryptocurrency

A new blockchain-driven company has bold plans to establish a global network of health centers designed to help people lead active and longer lives. Although life expectancies around the world are soaring, BitVit argues that many of these extra years are dominated by sickness for too many years. Research cited in its white paper suggests…

QIWI Payment Network CTO ‘Mined 500,000 Bitcoins’ In 2011 Before Losing Them

The former CTO of Russian electronic wallet and payment network QIWI once had a personal wealth of half a million bitcoins — but lost them. 3 Months, 4.1 Billion USD The extraordinary claims came to light as part of an interview with CEO Sergey Solonin, who told the audience during a Moscow lecture on July 25…

You Can Now Use The Lightning Network To Buy (Virtually) Anything

Cryptocurrency cellphone top-up company Bitrefill has announced it will start selling gift vouchers for Amazon and other brands — effectively opening up Bitcoin Lightning Network payments to almost any item. Lightning ‘Comes’ to Amazon, Uber, and More In a press release on July 19, Bitrefill — which became one of the first cryptocurrency businesses to…

‘Be Vigilant’ – One Person Behind Lightning Network 220% Capacity Spike

Concern is mounting over Bitcoin’s Lightning Network after an advisor to pro-Bitcoin Cash website Bitcoin.com almost doubled its capacity this week. Bitcoin.com Advisor Doubles Lightning Capacity Andreas Brekken, owner of Shitcoin.com and an associate of Bitcoin.com owner Roger Ver, who has publicly criticized Lightning, currently controls a Lightning Network node with a capacity of 35.4…

Bancor Aftermath: Charlie Lee Sees Lightning Network As ‘Ultimate’ Exchange

Self-proclaimed ‘decentralized’ exchange platform Bancor has resumed operations after a $12 million hack, officials confirmed Wednesday. Bancor Resumes Trading After ‘Scam’ Accusations Bancor — which initially lost its own BNT, Ether (ETH) and Pundi X tokens in the attack — faced a broader industry backlash as the sudden theft sparked criticism its decentralization claims were…

Ripple’s Enterprise Blockchain Network Adds a New Bank

Ripple’s global network of banks and payment providers has a new member. Announced Monday, BankDhofar, an Oman-based financial investment management company, has joined RippleNet, a move the bank says enables it to provide global cross-border payments using Ripple’s blockchain technology, a press release states. As such, the move is the latest that finds BankDhofar among an early…