You Can Now Get Paid (A Little) For Using Bitcoin’s Lightning Network
Lightning nodes are making money – albeit not much – displaying the potential for a growing fee market on the layer two tech.
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ETH-BTC Chart Points to Ether Leadership Ahead
While bitcoin appears to be pulling the broader market higher right now, ether may take the lead in the coming weeks.The ether-bitcoin (ETH/BTC) weekly chart shows a bull pennant – a technical pattern marked by converging trendlines, indicating an impending continuation of the ether-bitcoin ratio’s upward move from 0.023 to 0.08 seen early this year.A…
Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy
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Japan’s LINE Starts Crypto Lending Service
LVC, the crypto exchange operator and blockchain business unit of LINE, is launching a service that allows users to lend crypto assets like bitcoin and ethereum to its exchange BITMAX. In return lenders will receive a rental fee, which is like the interest on a bank loan.Between Oct. 7- Oct. 30, the company will run…
Privacy Coin Zcash Will Soon Undergo Its First ‘Friendly’ Fork – Meet Ycash
In about five hours, the privacy-oriented cryptocurrency Zcash will spawn a new blockchain network called Ycash. It’ll be the first of its kind to boast a near-identical codebase to the Zzcash blockchain but function as a separate network and de facto competitor. First announced in April, the effort is spearheaded by long-time Zcash supporter Howard…
Japan Must Be Ready if Demand for Digital Yen ‘Soars’: Central Bank Official
Jan 30, 2020 at 10:49 UTCUpdated Jan 30, 2020 at 10:52 UTCJapan Must Be Ready if Demand for Digital Yen ‘Soars’: Central Bank OfficialJapan needs to keep researching a central bank digital currency, even if it won't launch one just yet, accord to the Bank of Japan's (BoJ) deputy governor.As per a Reuters report on…
Galaxy Digital Looking to Buy More Crypto Bankruptcy Assets After Deal to Sell FTX’s Coins: FT
Galaxy Digital (GLXY), the cryptocurrency financial services firm headed by Mike Novogratz, is looking to buy more assets from bankrupt crypto companies after securing a deal to sell bitcoin and ether owned by crypto exchange FTX on behalf of the estate's management, the Financial Times reported.That deal, from August, tripled Galaxy's assets under management to
Activist Crypto Investors Score $2.5M Bounty After Campaign on FloorDAO
NFT finance-focused crypto group FloorDAO “forked” into two separate entities this week in an effort to shake off activist investors who had amassed an influential stake of the project’s governance tokens.FloorDAO, which seeks to build products for “NFT-Fi,” recently sent over $2.5 million of its treasury – in crypto tokens and NFTs – to a
Frax Finance Says its Domain Name Has Been Hijacked
Decentralized cross-chain protocol Frax Finance's domain was hijacked early Wednesday, and while the site currently points to the correct nameserver and loads the real Frax user interface, it can't figure out what exactly happened."The current nameserver belongs to us and the real Frax UI," Frax founder Sam Kazemian told CoinDesk. "But since we haven't heard