Bitcoin’s Open Secret: Lightning Is Making Better Online Payments Possible
An influx of lightning apps are mostly silly, but they demo a serious point: the tech enables bitcoin to compete with traditional payment rails.
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PayPal’s Axing of Pornhub Model Payments May Boost Crypto Conversions
news Top adult entertainment site Pornhub may expand the range of cryptocurrencies it offers to pay performers for their work after PayPal abruptly cut off service. “We currently pay out in verge and are evaluating adding other cryptocurrency payout options,” Corey Price, a vice president at Pornhub, told CoinDesk Thursday. More than 100,000 performers who…
Consensus 2024 by CoinDesk
Last chance to get 2 passes for the price of one! Use code 2FOR1 at checkout - Click Here Now is your last chance to get twoPro passes for the price of one. Add two passes to your cart and enter code 2FOR1 at checkout. Consensus 2023 videos are now available to watch with a…
Litecoin Price Suffers Worst Weekly Losing Streak in a Year
markets In ending last week in the red, the world’s fifth-largest cryptocurrency, litecoin, has confirmed its longest weekly losing streak in a year. LTC suffered an 8 percent drop in the week ended Sept. 1, having registered 3.17, 15.10, and 5.74 percent losses in the preceding three weeks, according to Bitfinex data. That is the…
World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed Results
Jun 24, 2020 at 09:00 UTC(Mario Ortiz/Shutterstock)World’s Oldest Central Bank Reviews Possible Digital Currency With Mixed ResultsSweden’s Riksbank has looked into the viability of central bank digital currencies (CBDCs) for its local market and declared mixed results. In a 96-page economic review, updated June 18, the world’s oldest central bank presents four models for supplying…
FTX Plans to Return 90% of Customer Funds, But There’s a Catch
Bankrupt crypto exchange FTX floated an amended proposal to return up to 90% of creditor holdings held at the exchange before it went bust last November.The debtors' group, which is currently overseeing the bankruptcy process, will formally file the plan by December 16, 2023, to a U.S. Bankruptcy Court for perusal.The debtors propose dividing missing
Poloniex’s New Tron-Powered IEO Platform Moves Exchange Closer to Justin Sun’s Orbit
Apr 6, 2020 at 13:40 UTCUpdated Apr 6, 2020 at 14:27 UTCTron CEO Justin Sun speaks at niTROn Summit 2019, photo by Brady Dale for CoinDeskPoloniex’s New Tron-Powered IEO Platform Moves Exchange Closer to Justin Sun’s OrbitPoloniex has launched an initial exchange offering (IEO) platform that aligns the exchange more closely with the interests of…
Brazil’s President Rebuffs Cryptocurrency as Administration Explores Blockchain
news Brazil’s President, Jair Bolsonaro, has come out publicly in opposition to bitcoin. In an interview aired on national television, the Brazilian president commented on cryptocurrency being used to bank indigenous people in Brazil. During a conversation centered on the challenges of his new presidency, Bolsonaro talked about projects created by his predecessor’s administration. One…
Nevada Cryptocurrency Kiosks Now Require Money Transmission Licenses
news Nevada’s regulatory stance on cryptocurrency kiosks has shifted, now requiring a state money transmission license. Speaking with CoinDesk, BitAML Senior Advisor Annelise Strader said Nevada abruptly and without announcement changed its regulatory stance on cryptocurrency kiosks. Following the last legislation session closing in May without passing a proposed cryptocurrency bill, Strader says the state’s…