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The Lightning Network's bitcoin capacity has never been higher than it is today. Over 1,512 bitcoin are now locked up in Lightning channels; 60% more than a year ago. In U.S. dollar terms, that's just shy of $60 million, which, while lower than the
Nothing gets Elon Musk riled up like criticism of his soft weak hands. Amidst rumors that Tesla had further reduced its exposure to Bitcoin, Musk took to Twitter to deny selling at the peak. He reiterated a positive stance on the cryptocurrency, stating that Tesla would resume acceptance of bitcoin
The World Bank will not help El Salvador with its implementation of Bitcoin as legal tender. "We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory processes," a spokesperson from the World Bank is quoted saying, according to a Reuters report. The
News • Economy • Jun 16, 2021
The World Bank will not help El Salvador with its implementation of Bitcoin as legal tender. "We are committed to helping El Salvador in numerous ways including for currency transparency and regulatory processes," a spokesperson from the World Bank is quoted saying, according to a Reuters report. The
News • Economy • Jun 16, 2021
The Lightning Network's bitcoin capacity has never been higher than it is today. Over 1,512 bitcoin are now locked up in Lightning channels; 60% more than a year ago. In U.S. dollar terms, that's just shy of $60 million, which, while lower than the
News • Technology • Jun 15, 2021
Nothing gets Elon Musk riled up like criticism of his soft weak hands. Amidst rumors that Tesla had further reduced its exposure to Bitcoin, Musk took to Twitter to deny selling at the peak. He reiterated a positive stance on the cryptocurrency, stating that Tesla would resume acceptance of bitcoin
News • Technology • Jun 12, 2021
In August of last year, MicroStrategy set off what resembles a movement of institutions to get skin into the Bitcoin game. After Michael Saylor's firm bought its first $250 million worth of bitcoin, it took mere months for various public companies to follow suit; soon, even banks began
News • Economy • Jun 07, 2021
The U.S. Federal Investigation Bureau (FBI) was able to recover part of the ransom paid by Colonial Pipeline, the operator of the fuel distribution company that fell victim to a hack shutting down one of its key sites in the country in May. 63.7 bitcoin or approximately $2.
News • Business • Jun 07, 2021
El Salvador has big plans for Bitcoin: the Central American country seeks to become the first to declare Bitcoin legal tender and pave the way for wider adoption of Bitcoin among its population of 6.5 million. The efforts are led by Nayib Bukele, a Salvadorian businessman and the country&
News • Economy • Jun 04, 2021
Bitcoin proponents have long pushed back against frequently resurfacing concerns surrounding Bitcoin's carbon footprint. Now, a new collaborative effort might just deliver an argument Bitcoin mining critics will find themselves struggling to refute. Bitcoin infrastructure firm Blockstream has partnered with Jack Dorsey-led Square to build and open-source, solar-powered
News • Business • Jun 04, 2021
Square is considering building a Bitcoin hardware wallet to encourage non-custodial bitcoin storage, as Square chief executive and Twitter CEO Jack Dorsey revealed in a Twitter thread on Friday. While the firm has not yet decided if and when it will introduce such a wallet to the market, Dorsey wants
News • Business • Jun 03, 2021