The Lightning Network is a well-developed, fast-growing, Layer 2 transaction solution on the Bitcoin network. More and more services and exchanges are integrating it, the liquidity available for routing payments is growing, and more applications and ways for users to interact with it are being developed each year. It also has many problems to overcome in the long run: The…
The CEO of one of Kenya’s biggest lenders has argued there is a possibility cryptocurrencies will complement mobile money in Africa but first, there is a need to convince regulators of their benefits. African Regulators’ Stance on Crypto Cryptocurrencies can potentially complement mobile money in Africa if regulators on the continent are made to change their perceptions of the digital…
Nonfungible token marketplace OpenSea has announced the launch of a Web3 marketplace protocol for “safely and efficiently buying and selling NFTs.” In a Friday blog post, OpenSea said the marketplace protocol, dubbed Seaport, will give users the option to obtain NFTs by offering assets other than just payment tokens like Ether (ETH). According to the platform, a user “can agree…
In brief Director Spike Lee will release a series of Ethereum NFTs based on his appearance as Mars Blackmon in “She’s Gotta Have It.” Lee spoke with Decrypt about how the project will help fund young filmmakers and let NFT holders vote on which projects are made. Legendary filmmaker Spike Lee is the latest veteran director to make the leap…
This is an opinion editorial by Aleks Svetski, author of “The UnCommunist Manifesto,”founder of The Bitcoin Times and Host of The Wake Up Podcast. The series continues. If you’ve not yet read chapters one through three, you can find them here, and of course you can find Part One of this chapter here: Bitcoin, Personality And Development — Bitcoin Is…
Whoever coined the phrase “sell in May and go away” had brilliant insight and the performance of crypto and stock markets over the past three weeks has shown that the expression still rings true. May 20 has seen a pan selloff across all asset classes, leaving traders with few options to escape the carnage as inflation concerns and rising interest…
In the wake of last week’s crypto crash, which drew the attention of regulators and government officials, a group of Republicans in Congress today introduced a bill that would “protect” investors’ ability to add Bitcoin to 401(k) retirement plans. The bill, the House companion of the Financial Freedom Act of 2022, was introduced by Rep. Byron Donalds (R-FL) with support…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. While it is clear today that the dominant driver in the bitcoin market is its correlation to equity markets, we believe…
Sarah Pritchard, the executive director of markets at the United Kingdom’s Financial Conduct Authority, or FCA, reportedly said the regulator will look at the recent volatility in the crypto markets when creating rules for the space in 2022. According to a Friday Bloomberg report, Pritchard said the financial regulator will “absolutely” take into account stablecoins like TerraUSD (UST) and Tether…
MSP Recovery LLC, a healthcare recovery firm based in Miami, United States and valued in the region of $32.6 billion, has announced a collaborative partnership with Web3 solution Tokenology to launch a fraud-prevention blockchain platform, titled Lifechain. Lifechain will seek to utilize the verifiable and transparent nature of blockchain technology to enhance the accessibility of healthcare charges, claims and medical…
