This is an opinion editorial by Anthony Feliciano, a Bitcoin events organizer and contributor at Bitcoin Magazine. This article is a follow up to a previous article I wrote, talking about different types of Lightning nodes. I will be expanding on the RaspiBlitz Lightning Network node. I won’t be going into the many other options and features of what RaspiBlitz…
Month: May 2022
Ethereum Scaling Solution Optimism Airdrops Tokens to 249K Wallets
In brief Optimism, an Ethereum scaling solution, has launched the airdrop for its OP governance token. Nearly 249,000 wallets from early Optimism users and select Ethereum users are eligible to claim tokens. Optimism, a popular layer-2 scaling solution for Ethereum, today launched the anticipated airdrop of its new OP governance token, rewarding early users of the project and other select…
In wake of Terra collapse, South Korea plans new crypto oversight committee: Report
The Terra ecosystem’s rise and fall has had major consequences all around the world, but there’s no doubt that South Korea, the birthplace of its’ creator, was the most concerned country of them all. Amid signs that Terraform Labs co-founder Do Kwon was facing legal trouble in South Korea, the country’s ruling party announced Tuesday that it will launch a…
Chain (XCN) ignores the wider-market downtrend by rallying 100%+ over the past month
May was an incredibly challenging month for the cryptocurrency market as a majority of tokens booked heavy losses as a bear market was confirmed, but not every project dropped back to pre-bull market lows. Chain (XCN), a protocol designed to help organizations launch their own blockchain network or connect with other more established networks, managed to rally more than 120%…
Fed paper looks at potential effects of CBDC on monetary policy
The working paper traces the effects of operations with CBDC through several scenarios and concludes the Fed will have it under control. Source: https://cointelegraph.com/news/fed-paper-looks-at-potential-effects-of-cbdc-on-monetary-policy
Was Alleged $2 Million Exploit of Mirror Protocol ‘100% Preventable’?
Cryptocurrency traders are continuing to face fallout from the Terra blockchain crash. Now that Terra 2.0 has launched—with the old LUNA cryptocurrency renamed to Luna Classic, or LUNC—the new LUNA token on the Terra blockchain was trading at $8.51 as of this writing, while LUNC was trading at $0.0001. This substantial price discrepancy enabled an exploit yesterday in which an…
Binance Staking completes initial phase of Terra 2.0 airdrop as ecosystem issues persist
About 70% of tokens are held in escrow and will be vested starting later this year. Source: https://cointelegraph.com/news/binance-staking-completes-initial-phase-of-terra-2-0-airdrop-as-ecosystem-issues-persist
South Korea to Invest $177 Million Directly in Metaverse Platforms – Metaverse Bitcoin News
The government of South Korea has announced it will start investing in metaverse projects directly. More than $177 million dollars will be invested to kickstart national jobs and companies in this field, according to statements made by Lim Hyesook, minister of science and information and communication technologies. South Korea is one of the first countries to put funds into this…
Binance to launch Africa crypto awareness tour as adoption ramps up
BCAT Africa 2022 aims to increase crypto awareness on the continent at a time when more Africans are turning to digital assets. Source: https://cointelegraph.com/news/binance-to-launch-africa-crypto-awareness-tour-as-adoption-ramps-up
Bitcoin Briefly Reclaims $32K for First Time in Three Weeks
In brief It’s been three weeks since Bitcoin was last above $32,000. The broader crypto market remains somewhat shaken after the TerraUSD collapse. Bitcoin and Ethereum, the top two cryptocurrencies by market capitalization, saw a 5% jump in price in the last 24 hours as the crypto market struggles to recover from the spectacular crash following the collapse of the…