How Lightning Makes Bitcoin Great Again (for Payments)

news Cryptocurrency finance startup Circle has stopped its line of research reports saying it needs to reconsider the offering. In a post on its website on Tuesday, Circle reached out to consumers of the service, saying: “While we’ve made significant progress with our content offerings, it’s time to evaluate our contribution and overall strategy. With…

Sep 24, 2020 at 19:50 UTCUpdated Sep 24, 2020 at 19:52 UTCStartup Aleo Wants to Help You Use the Internet Without Sacrificing Data PrivacyPrivacy tech company Aleo has launched a data privacy-oriented blockchain and developer kit to make writing zero-knowledge proofs in web applications easy and scalable.The startup is releasing its first round of software…

Bitcoin's (BTC) slow decline from the July peak near $32,000 has traders focusing on a trendline to indicate the cryptocurrency's directions.The leading cryptocurrency has rallied over 70% this year in a textbook bullish price action, comprising higher swing lows and higher swing highs.The bullish trendline in consideration connects the early January low and the swing…

The Department of Justice filed dozens of victim impact statements from FTX creditors on Monday.The statements are intended to support the DOJ’s sentencing memo for Sam Bankman-Fried.FTX’s creditors say the exchange’s 2022 collapse “robbed [them] of [their] financial security,” exacted an “emotional toll,” and “created a sense of insecurity and mistrust toward the financial system,”

NEWS Sep 17, 2018 at 08:00 UTC  |  Updated  Sep 17, 2018 at 08:01 UTC Payment services giant Mastercard is looking at the use of blockchain for keeping track of consumer payments, newly published patent filings suggest. In a series of largely similar patent applications published last week by the U.S. Patent and Trademark Office, Mastercard…

news Canadian blockchain companies want to know where their government stands on the crypto space, a new report commissioned by the Canadian Digital Chamber of Commerce (CDCC) shows. The report – one of the first to take a comprehensive snapshot of Canada’s blockchain ecosystem – sheds new light on the country’s nascent crypto firms, who…

Well, it’s over. Sam Bankman-Fried has been convicted on all seven counts, with another trial on the docket for this spring to gauge SBF’s guilt and responsibility in a multi-year scheme to buy political favor for the FTX crypto exchange. At this point, Bankman-Fried faces up to 110 years in prison, though sentencing won’t happen

Singapore-based QCP Capital is expanding to Abu Dhabi in a partnership with Further Ventures.Abu Dhabi is making its mark on the map as an institutional crypto hub.Singapore-based cryptocurrency trading firm QCP Capital and Further Ventures on Wednesday announced in Dubai a partnership to expand into the Middle Eastern markets by offering new digital-asset financial and

Bitcoin maximalists cried foul at the central banker's blockchain prognostications.BIS General Manager Agustin Carstens(Flickr)Jan 27, 2021 at 9:20 p.m. UTCBIS Chief Blasts Bitcoin’s Viability, Prompting Blowback From AdvocatesThe chief banker at the bank for central banks, Agustín Carstens, cast doubts on bitcoin’s long-term viability Wednesday, saying it was only a matter of time before a…