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
Circle, a digital currency company, has revealed that Citizens Trust Bank, an Atlanta institution established in 1947, would store $65 million in USD coin (USDC) reserves. This decision follows a string of previous ones. In which Circle announced allocating money to several banks in the United States. To provide just
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
At press time, USTC was trading at $0.0284 and had risen 7.45% in the last 24 hours as per CMC. Meanwhile, LUNC has slowed its intraday gains. And was trading slightly higher in the past 24 hours at $0.0001653, up 2.45%. After dropping for three days in a row, LUNC
Moving steadily towards a Mainnet Beta release in March 2023, Polygon’s (MATIC) zero-knowledge Ethereum Virtual Machine (zkEVM) is making progress. Due in large part to this monumental development, MATIC has seen its price rise dramatically over the last 30 days. Yet ETH whales have been discovered stockpiling MATIC in preparation
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.
In an effort to reorganize the company, Dapper Labs will be letting off 20% of its full-time employees, as stated in a letter addressed to employees on Thursday by founder and CEO Roham Gharegozlou. Gharegozlou stated that the company was reorganizing to increase its focus and efficiency. Moreover, it also
Although both Shiba Inu and Dogecoin are still well behind their respective highs, they have both been trending upwards over the last week. Recent occurrences have kept both the popular meme currencies in the spotlight. Shiba Inu and Dogecoin are pitted against one another as competitors because of their relative
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
