Tagged: Lightning Network

March 14, 2021 @ 12:57 pm By Omar Faridi  |  

Crypto exchange OKCoin confirms that they recently became one of the first digital asset trading platforms to implement the Lightning Network (LN), which is a layer-two scaling solution enabling the faster and more efficient transfer of BTC. OKCoin has awarded a new grant to Bitcoin… Read More

December 14, 2020 @ 8:49 am By Omar Faridi  |  

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based cryptocurrency exchange Kraken) has released a report titled, “Crypto Yields – A Simple Breakdown.” The report notes that interest rates on “risky opportunities” are a function of a “risk-free” rate… Read More

September 30, 2020 @ 11:37 pm By Omar Faridi  |  

Ryan Flowers from OpenNode notes that the value of a single Bitcoin (BTC), the flagship cryptocurrency, keeps increasing and there will be more businesses that will accept BTC payments. Flowers points out that this has been the case in the past with larger corporations taking… Read More

July 15, 2020 @ 11:15 pm By Omar Faridi  |  

Three key events defined the Ethereum (ETH)-dominated decentralized finance (DeFi) space during Q2 2020. As mentioned in ConsenSys’ Q2 2020 DeFi Ecosystem Report, these events included: Bitcoin on Ethereum overtaking BTC on the Lightning Network (LN), three critical security incidents that led to $26 million… Read More

June 17, 2020 @ 9:00 am By JD Alois  |  

River Financial, a financial service firm focused on Bitcoin investing, has closed on a sizeable $5.7 million seed round, according to a note from the company. Big name investors in the blockchain sector participated in the round, including Polychain Capital, Slow Ventures, Castle Island Ventures,… Read More

June 3, 2020 @ 10:59 pm By Omar Faridi  |  

There are now almost 8,000 Bitcoin (BTC) ATMs, or BTMs, installed worldwide, according to data from Coin ATM Radar. A Bitcoin ATM is a kiosk that lets users buy Bitcoin with cash or their debit card. Some BTMs also allow people to sell the pseudonymous… Read More

June 2, 2020 @ 10:37 pm By Omar Faridi  |  

Square Crypto, a Bitcoin (BTC) focused initiative launched by Jack Dorsey’s payments company Square (NYSE:SQ), has awarded a grant to Talaia (pronounced “Talaia”), a project-based in Spain and developed by Sergi Delgado, a distributed networks specialist from Barcelona. Square Crypto noted via Twitter: “Talaia is… Read More

February 7, 2020 @ 8:15 am By Omar Faridi  |  

Nearly $1 billion is now locked up into the evolving decentralized finance (DeFi) ecosystem, according to data site DeFi Pulse. The site tracks major Ethereum-based lending protocols including Maker, a projected managed by the Maker Foundation, a non-profit organization that supports the MakerDAO initiative, which… Read More

February 6, 2020 @ 8:10 am By Omar Faridi  |  

Lightning Labs, a company focused on the development of the Lightning Network (LN), a second-layer scalability solution for expediting small Bitcoin (BTC) payments, has reportedly  finalized a $10 million Series A investment round – which was led by Craft Ventures. Ribbit Capital, RRE Ventures, Slow… Read More