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Lightning-network-proves-more-efficient-than-credit-card-processors

Lightning Network Proves More Efficient Than Credit Card Processors

Comparing Bitcoin’s Lightning Network to legacy credit card processing makes it clear that Lightning settles payments much more efficiently and affordably. The article below is an excerpt from a recent edition of Bitcoin Magazine PRO, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis…
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Circle’s-fed-payment-rail-goal-could-be-crushed-by-ny-fed’s-policy-change

Circle’s Fed payment rail goal could be crushed by NY Fed’s policy change

Updated rules by the New York Fed could deem stablecoin issuer Circle “ineligible” for access to the Fed's money market. 192 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe New York Federal Reserve has published new rules for counterparties looking to use its money market balancer, casting…
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Binance.us-pulls-out-of-$1-billion-asset-purchase-deal-with-voyager

Binance.US Pulls out of $1 Billion Asset Purchase Deal With Voyager

Binance.US has stopped a deal that would have allowed it to purchase assets of the bankrupt cryptocurrency lender, Voyager. The termination marks the second time a deal to acquire Voyager’s assets has failed to reach completion. The $1B Deal Falls Through Voyager revealed that Binance.US served the struggling crypto lender a letter on April 25,…
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Gary-gensler-links-crypto-with-cash-in-viral-2018-video-—-crypto-twitter-reacts

Gary Gensler links crypto with cash in viral 2018 video — Crypto Twitter reacts

The 2018 MIT professor Gary Gensler didn’t think most ICOs triggered U.S. securities laws. 198 Total views 2 Total shares Own this piece of history Collect this article as an NFTThe crypto community is calling out the hypocrisy of Gary Gensler, the head of the United States securities regulator, after a 2018 video emerged of…
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The-danger-with-google’s-new-cloud-backup-for-2fa-authenticator

The danger with Google’s new cloud backup for 2FA authenticator

Google released an update for its popular authenticator app that stores a “one-time code” in cloud storage, allowing users who have lost the device with their authenticator on it to retain access to their two-factor authentication (2FA). In an April 24 blog post announcing the update, Google said the one-time codes will be stored in a…
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Spain-halts-a-crypto-scam-that-drained-over-$110-million-from-investors-(report)

Spain Halts a Crypto Scam That Drained Over $110 Million From Investors (Report)

Spain’s authorities reportedly busted a criminal organization that orchestrated a massive cryptocurrency scam. The wrongdoers embezzled more than €100 million ($110 million) from over 3,000 people across the globe.  The Guardia Civil arrested a suspect in Mallorca considered a gang member. Operation ‘Mandoa’ Turned Successful A local media outlet informed that the Guardia Civil (the…
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