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Lightning Network development startup Lightning Labs is rolling out a new product: dubbed Lightning Pool, the new tool seeks to bring together node operators to trade access inbound and outbound Lightning channel capacity with each other. With the launch, Lightning Labs tackles one of the Lightning Network's major
Avanti has received a bank charter from the Wyoming State Banking Board with a unanimous 8-0 vote. The approval allows the Bitcoin- and crypto-focused bank the same authority as national banks in the U.S. The First Digital Asset-Focused Bank in the U.S. Caitlin Long, CEO of Avanti who
As fat-finger errors go, it wasn’t that big a deal. But as an illustration of banks’ clandestine approach to Bitcoin, it was worth a million words. In a week dominated by Bitcoin’s price surge, I was far more interested in an apparent mistake by DBS Bank. On Thursday,
Opinion • Bitcoin • Nov 01, 2020
As fat-finger errors go, it wasn’t that big a deal. But as an illustration of banks’ clandestine approach to Bitcoin, it was worth a million words. In a week dominated by Bitcoin’s price surge, I was far more interested in an apparent mistake by DBS Bank. On Thursday,
Opinion • Bitcoin • Nov 01, 2020
Lightning Network development startup Lightning Labs is rolling out a new product: dubbed Lightning Pool, the new tool seeks to bring together node operators to trade access inbound and outbound Lightning channel capacity with each other. With the launch, Lightning Labs tackles one of the Lightning Network's major
News • Bitcoin • Oct 30, 2020
Avanti has received a bank charter from the Wyoming State Banking Board with a unanimous 8-0 vote. The approval allows the Bitcoin- and crypto-focused bank the same authority as national banks in the U.S. The First Digital Asset-Focused Bank in the U.S. Caitlin Long, CEO of Avanti who
News • Bitcoin • Oct 28, 2020
MicroStrategy can't get enough of Bitcoin. After accumulating 38,250 bitcoin between August and September, the firm wants more. “You should expect that we will purchase additional bitcoin as we generate cash beyond what we need to run the business on a day to day basis,” MicroStrategy President
News • Bitcoin • Oct 27, 2020
In August and September, MicroStrategy made headlines when it deployed $425 million into Bitcoin over the span of tens of thousands of buying orders. In total, the business services company acquired more than 38,250 bitcoin, for an overall cost basis of $11,111 per coin. This investment represented a
News • Bitcoin • Oct 27, 2020
On Thursday, Bitcoin users discovered a webpage including information on a digital exchange soft-launched by DBS Bank, the largest commercial bank in Singapore, on its website. But shortly after the cryptocurrency industry cheered the announcement, it was abruptly taken down. The initial announcement, which has since been taken offline, said
News • Bitcoin • Oct 26, 2020
Silvergate Bank, an American financial institution that was one of the first to support cryptocurrency-focused clients, reported a record quarter on Monday. In its earnings report pertaining to Q3 2020, Silvergate revealed that it added $586 million worth of deposits from cryptocurrency companies over this past quarter, making it the
News • Bitcoin • Oct 26, 2020
On the morning of October 16th, digital asset exchange OKEx suddenly froze withdrawals from the platform. The exchange announced at the time that one of its "private key holders" was currently "cooperating with a public security bureau" due to ongoing investigations. Due to said investigations, which
News • Bitcoin • Oct 26, 2020