Congress should start by addressing what cryptocurrencies are securities and what are commodities. FTX, Regulation, CongressRead More [Read More...]
Cross-chain Platform 3air Launches Token on Mexc Exchange, as it Connects People through NFTs
Press Release: 3air launched its BSC token On Mexc Exchange on September 22nd and is using NFTs for broadband connectivity through its cross-chain platform 28th September, Dubai, UAE – Bitcoin-based internet connectivity solution 3air has launched its token today on Mexc Global with the ticker $3AIR. The BSC is bridged for cross-chain compatibility, with two chains already live on its platform. 3air has also launched a marketplace with the goal of a type of NFTs that provides a new form of utility for users across the world as the company continues to help African nations connect to the internet. What Is 3air? 3air focuses on providing viable broadband coverage and internet connectivity to developing nations using its proprietary broadband internet technology. With the… [Read More...]
Influential Companies In Blockchain Industry
The blockchain industry is booming and big companies are investing in it. Here are some of the most influential companies in the blockchain industry: Microsoft Microsoft Corp (NASDAQ:MSFT) is a large company with many products. Microsoft’s history of investing in blockchain is more than two decades old. The company has been working on its own […] [Read More...]
Bitcoin Could Usher In December Near $18,000 If It Moves Past This Resistance
Bitcoin’s price increases have brought some sunshine to the cryptocurrency sector. Each of CoinGecko’s three timeframes—daily, weekly, and biweekly—showed BTC in a positive light. This is fantastic news for the cryptocurrency market as a whole, as BTC is the dominant currency in the sector. Here’s a quick glance at how Bitcoin is performing of late: Optimistic market movement and surprising investor buying The technical indicators reveal a range of possible outcomes, some bullish and some bearish, but bears are still there There will be no significant price hike this next week. Next year could see a break of the $17,500 barrier It is clear to some that Bitcoin is growing in popularity, as today’s transaction volume reached as much as $7.12 billion. Forecast: … [Read More...]
? Lightning Thursday! December 01, 2022: Explore the Lightning Network!?
The lightning network is a second-layer solution on top of the Bitcoin blockchain that enables quick, cheap and scalable Bitcoin payments. Here is the place to discuss and learn more about lightning! Ask your questions about lightning Provide reviews, feedback, comparisons of LN apps, services, websites etc Learn about new LN features, development, apps Link to good quality resources (articles, wikis etc) Resources: Here is an awesome list of resources compiled by Jameson Lopp: https://www.lopp.net/lightning-information.html Want to test out your lightning fire power? tip the Bitcoin devs! https://bitcoindevlist.com/ Previous threads: Search Lnbook getting closer towards being finished and can already be seen at: https://github.com/lnbook/lnbook Lightning Dedicated YouTube Channel: https://youtube.com/renepickhardt Also there … [Read More...]
How to Buy Bitcoin With a Credit Card
IntroductionSurprisingly, the first time the term “credit card” was used to describe a card for spending was back in 1887, mentioned several times in the utopian science fiction novel “Looking Backward” by Edward Bellamy. Although, in the beginning, the concept was slightly different from today’s and did not include debt in terms of borrowing money from authorities, credit cards have been around for nearly 150 years and won't go away easily. People use it for convenience but often go beyond their means, buying goods and services they could not afford without falling into debt. Over the long term, those who don't have good money management skills could get into financial trouble if they don’t repay their debts in time, … [Read More...]
CFTC Chair Suggests ‘Pause’ to Overhaul Senate Bill Following FTX Debacle
Commodity Futures Trading Commission (CFTC) Chairman Rostin Behnam said that while new legislation allowing his agency greater spot market oversight over crypto should move swiftly, lawmakers should also ensure there are no “gaps.” [Read More...]
Manitoba Halts New Crypto Mining Projects Due to Expected High Energy Demand
Authorities in Manitoba are temporarily suspending the connection of new crypto mining facilities to the power grid. The Canadian province, which relies heavily on hydroelectric generation and attracts miners with low electricity rates, fears it may face overwhelming energy demand. Manitoba Suspends New Crypto Mining Operations Citing Possible Increase in Electricity Usage The government of Manitoba is halting new connections of crypto mining centers to the province’s hydroelectric grid, the Canadian press reported. Officials explain the move with the potential for increasing energy demand that the region may not be able to meet. The suspension, imposed for a period of 18 months, will not affect the 37 currently active mining operations, according to an article by the Toronto Star. The measure is aimed at halting a growing number of … [Read More...]
Editor’s Note: A Review of Criticisms of a ProPublica-Vanity Fair Story on a COVID Origins Report
by Stephen Engelberg ProPublica is a nonprofit newsroom that investigates abuses of power. Sign up to receive our biggest stories as soon as they’re published. On Oct. 28, ProPublica and Vanity Fair published a story about an interim report on the origins of COVID-19 released by the Republican oversight staff of a Senate committee. The […] [Read More...]
Bitcoin’s ‘artificially induced last gasp before the road to irrelevance’
The ECB takes no prisoners [Read More...]
Polygon Surges 12%, Edging Bitcoin And Ethereum, In Last 24 Hours
Polygon (MATIC) posted the highest 24-hour gains today and surpassed Bitcoin and Ethereum in that department as the altcoin mounts a bounce back following the crashing effects of the FTX implosion. MATIC is nursing a 12% intraday increase The crypto has breached the $0.90 barrier and pushed its market cap to over $8 billion Polygon NFT sales up by 191% According to latest tracking from Coingecko, the cryptocurrency is changing hands at $0.94, registering an increase of 12% in its intraday performance. Over the last seven days, MATIC has pumped its value by 10%. Among the top 10 digital currencies tracked by the online crypto information provider, Polygon was the day’s top gainer as BTC and ETH could only manage to go up by 4.9% and 7%, respectively. … [Read More...]
Daily Discussion, December 01, 2022
Please utilize this sticky thread for all general Bitcoin discussions! If you see posts on the front page or /r/Bitcoin/new which are better suited for this daily discussion thread, please help out by directing the OP to this thread instead. Thank you! If you don't get an answer to your question, you can try phrasing it differently or commenting again tomorrow. Join us in the r/Bitcoin Chatroom! Please check the previous discussion thread for unanswered questions. submitted by /u/rBitcoinMod [link] [comments] [Read More...]
DLCs On Lightning Open The Door For Bitcoin Smart Contracts
The first successful discreet log contract has been executed on the Lightning Network by creating a new type of transaction when opening a Lightning channel.The below is a direct excerpt of Marty's Bent Issue #1286: “The first mainnet DLC on Lightning has been executed.” Sign up for the newsletter here. Transaction graph showing how the DLC was executed via Crypto Garage It's been exactly 11 months and two days since we wrote about discreet log contracts (DLCs) in this rag. For those of you who are a bit rusty or completely ignorant in regards to what a Discreet Log Contract is, it is a special type of bitcoin transaction that executes a smart contract with information provided by an oracle.For … [Read More...]
First Mover Asia: Bitcoin Rises Again on US Fed Chair’s Moderate Remarks
ALSO: Sam Reynolds writes that shipping giant Maersk and IBM’s decision to wind down TradeLens highlights the failure of blockchain-based transparent ledgers, which once held great promise in a range of industries. [Read More...]
Kraken cuts workforce by 30% in an effort to survive crypto winter
According to the CEO, the exchange grew too fast to accommodate the fast-growing crypto ecosystem Cryptocurrencies, Cryptocurrency Exchange, Markets, Technology, TransactionsRead More [Read More...]
FTX Collapse Hits Asset Management Giant BlackRock
Published by The Street By Luc Olinga Bankrupt cryptocurrency exchange FTX had the creme de la creme among its investors. The list of collateral victims of the bankruptcy of the FTX cryptocurrency exchange continues to grow. Crypto lender BlockFi announced on November 28 that it had filed for bankruptcy due to its exposure to FTX, […] [Read More...]
EU crypto framework under scrutiny by policymakers after FTX collapse
MEPs cast doubt on robustness of bloc’s incoming regulations as ECB officials criticise bitcoin’s legitimacy [Read More...]
Bitcoin Bearish Signal: NVT Golden Cross Enters Sell Zone
On-chain data shows the Bitcoin NVT golden cross has now entered into the “sell” zone, something that could be bearish for the price of the crypto. Bitcoin NVT Golden Cross Surges, Now Has A Value Of 2.44 As pointed out by an analyst in a CryptoQuant post, this sell signal might lead to BTC’s price dropping in the next ten days. The “Network Value to Transactions ratio” (NVT ratio) is an indicator that’s defined as the market cap divided by the transacted volume in a specific period. What this metric tells us is how the value of Bitcoin currently compares with the investors’ ability to transact coins, and thus if the crypto is undervalued or overvalued right now. One application of this ratio … [Read More...]
This is our final enemy: All the Central Banks around the world
submitted by /u/DestructorEFX [link] [comments] [Read More...]
Maturation Of The Lightning Network: Growing Up By Going Vertical
Like our hunter-gatherer ancestors, Bitcoin’s Lightning Network is maturing toward mass adoption through specialization and sophistication.This is an opinion editorial by Roy Sheinfeld, the cofounder and CEO of Breez, a Lightning Network mobile app. A version of this article was originally published on Medium.It’s almost tautologically true that specialization within a social system increases with sophistication. In fact, increasing specialization could be one way to define social sophistication.Example One: Our global society is pretty sophisticated. I know how to create products, ace a trivia contest about “The Wire” and find the best shawarma joints in Tel-Aviv, but I have no idea how to knit, design an efficient photovoltaic cell or where to go rock climbing around Maputo. … [Read More...]
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