According to a formal announcement, BlueWallet is closing its lightning node connection to Lndhub. In order to continue utilizing BlueWallet’s lighting services on the Bitcoin Lightning Network, customers will need to connect to nodes when the company ends its custodial lightning operations. The Lightning Network is a Bitcoin-based second-layer payment
A group of celebrities including Kim Kardashian, Floyd Mayweather, and others have asked a federal court in California to dismiss their revived case over EMAX. Magistrates dismissed a similar indictment against the accused in December of last year. It has been alleged that Kim Kardashian, Floyd Mayweather, Paul Pierce, Jona
The U.S. Federal Reserve published a fresh statement on Thursday. Alerting banks of the dangers associated with trading in cryptocurrency and similar assets. Continuing its intensified scrutiny of the cryptocurrency sector. The statement warned that banks face greater risks of running dry of cash. Because of the volatility of deposits
The Personal Consumption Expenditures (PCE) Price Index, which measures inflation in the United States, rose to 5.4% year over year in January from 5.3% in December. This follows the news that was just issued by the U.S. Bureau of Economic Analysis. Market participants had expected a figure closer to 4.9%,
The revenue for Jack Dorsey’s payment processing firm, Block, exceeded Wall Street’s forecasts, but the bottom line fell short. Block reported income of $1.83 billion in Bitcoin from its Cash App business unit in the prior quarter, down 7% year over year as compared to the same period in 2021.
A complex international network of crypto call-center fraudsters, allegedly headed by Israeli organized crime kingpins, has been exposed as a major threat to Australian citizens. Australians were determined to be among the most targeted nationalities when Serbian, German, Bulgarian, and Cypriot officials conducted a massive raid on four call centers
In the P2P Foundation forums on three separate occasions in February 2009, Satoshi Nakamoto presented the Bitcoin white paper and open source codebase to the community. Bitcoin’s first public announcement was made by its inventor, Satoshi Nakamoto, on the P2P Foundation forum on February 11, 2009. Before these occurrences in
U.S. Department of Justice (DOJ) confirms in a statement that four Forsage founders have been indicted on charges totaling more than $340 million. The authorities claim that Forsage operated using a Ponzi scheme–like system based on smart contracts. Indictments are handed out by grand juries. If prosecutors are able to
The U.S. Securities and Exchange Commission (SEC) and its chairman, Gary Gensler, have been targeted by the Chamber of Digital Commerce for their “regulation by enforcement” strategy, which poses a danger to the U.S. digital assets market and investors. The Chamber of Digital Commerce argued in an amicus brief in
According to Agustin Carstens, the head of the Bank of International Settlements, there is no longer a compelling case for the adoption of digital currency as a replacement for fiat currency. Technology, Carstens claimed in an interview with Bloomberg TV, could not be relied upon as a reliable means of
