The Lightning Network has struck the earth in one of the most challenging operating environments. Lagos, the capital of Nigeria — Africa’s most populous country — welcomed a new Bitcoin Lightning Network (LN) node this week, a vital step to better connect the continent to the layer-2 payments network that sits atop Bitcoin. The node runs on an old laptop powered by a diesel generator, as Lagos regularly experiences energy and electricity blackouts. Megasley’s diesel generator and… Source link
Read More »Yearly Archives: 2023
Nigerian innovator launches first active Bitcoin Lightning node in the country
A Bitcoin Lightning Network node (BTC) has struck the earth in one of the most challenging operating environments. Lagos, the capital of Africa’s most populous country, Nigeria, welcomed a new Bitcoin Lightning node this week, a vital step to better connect the continent to the layer-2 payments network atop Bitcoin, the Lightning Network (LN). The node runs on an old laptop powered by a diesel generator as Lagos regularly experiences energy and electricity blackouts. Megasley’s diesel… Source link
Read More »FTX Has Recovered 'Over $5B' in Assets, Bankruptcy Attorney Says – CoinDesk
“We know what Alameda did with the money. It bought planes, houses, threw parties, made political donations. It made personal loans to its founders. It sponsored the FTX Arena in Miami, a Formula One team, the League of Legends, Coachella and many other businesses, events and personalities,” Landis said. Source link
Read More »First Mover Americas: CME BTC Futures Signal Worst of FTX-Induced Panic May Be Over – CoinDesk
According to the Indian crypto exchange WazirX’s proof-of-reserves report, over 90% of its users’ assets are in Binance wallets. The report showed that $259 million of the exchange’s $285 million in assets were held in Binance wallets, with a further $26.5 million in other exchanges. Therefore, the validity of WazirX funds depends on Binance honoring liquidations, highlighting the dangers of the frosty relations between the two firms. Binance announced that it had agreed to acquire WazirX in… Source link
Read More »RINO Enterprise Wallet launches free Community Edition
RINO’s self-custody wallet is powered by multi-signature cryptography RINO was launched by serial crypto entrepreneurs whose hearts and minds have been with Monero since its inception RINO, an enterprise-focused Monero Wallet, has recently launched a free Community Edition that allows everyone to benefit from some of RINO’s unique features. The lack of professional tools and custody options… Source link
Read More »Bitcoin Makes Healthcare Fair For Patients – Bitcoin Magazine
This is an opinion editorial by Robert Hall, a content creator and small business owner. Nothing is more critical to long-term health than having access to healthcare when needed. But every jurisdiction around the world implements this process differently. Many countries socialize the cost of healthcare through the government on a sliding scale from total government control to private market healthcare, with a sprinkle of government-provided health insurance for the poor and the elderly. In… Source link
Read More »Hong Kong watchdog aims to restrict retail traders to liquid products
When the new licensing program that is scheduled to take off in June arrives, retail traders in Hong Kong will be limited to “highly-liquid” digital assets, according to the new CEO of Hong Kong’s Securities and Futures Commission (SFC), Julia Leung Fung-yee. At the recent Asia Financial Forum, Leung reportedly pointed out that many digital asset platforms have thousands of products. However, the SFC executive highlighted that they are not planning to “allow retail investors to trade in… Source link
Read More »The Market Resurges! ATOM, Litecoin and Big Eyes Coin Lead the Crypto Cavalry!
The week has got off to a cracking start. The kind of description that has been unheard of lately in the cryptocurrency market. The global financial market has been anything but fruitful of late, but analysts are starting to turn from bearish to bullish, with many saying that now is the perfect time to start accumulating the right crypto. Why do we suggest the Cosmos Hub, Litecoin and Big Eyes Coin? Well all have large macro announcements and project updates coming up, leading them all to… Source link
Read More »Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for December 2022
Increased production capacity by about 267% Grew production by 74% month over month to 17.93 Bitcoin Bitcoin holdings totaled 103.01 at month-end Operations achieved 113.3 BTC/EH efficiency Toronto, Ontario–(Newsfile Corp. – January 11, 2023) – Sphere 3D Corp. (NASDAQ: ANY) (“Sphere 3D” or the “Company”), dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation for the month ending December 31,… Source link
Read More »Shiba Inu (SHIB), Chainlink (LINK) and Orbeon Protocol (ORBN)
The mass adoption of crypto can only come if cryptocurrencies have real world use cases. Although Shiba Inu, a memecoin, may seem to be the antipathy of this, the decentralized Shiba Inu community keeps adding exciting new ways to use Shiba Inu. Chainlink’s blockchain can be seen as a backbone of crypto projects that rely on oracles to keep everything accurate, safe and secure. Orbeon Protocol is disrupting traditional finance (TradFi) by offering a new way to invest in early stage… Source link
Read More »