Bitcoin Suisse will use the Lightning Network to make Bitcoin (BTC) transactions both cheaper and faster. It will be the first cryptocurrency payment processor in Switzerland to integrate the technology, according to apress releasedated Tuesday. Armin Schmid, head of Bitcoin Suisse Pay, praised the decision, noting that Lightning transactions will play a significant role in scaling crypto apps and driving…
Huobi Global, one of the worlds largest cryptocurrency exchanges by trading volumes, is winding down operations in Singapore shortly after exiting China. Huobi will shut down accounts of all Singapore-based users by the end of March next year, the company officially announced late Tuesday. All Huobi clients based in Singapore should close active positions and withdraw their digital assets before…
A Venezuelan court in the capital of the country has rolled back a seizure of more than 1,000 Bitcoin miners due to irregularities that occurred during the confiscation. According to court documents, the equipment that was seized was in the custody of a third-party company that was doing maintenance services. The court ordered Sunacrip, the national crypto watchdog, to retrieve…
DOGE-1, the first crypto-funded mission to the moon, is set to launch early next year following a new partnership between two blockchain companies and manufacturer Geometric Energy Corporation, also known as GEC. Smart exchange ecosystem Unizen and DeFi incubator ZenX announced Wednesday that they are in the process of building and launching DOGE-1, a 40-kilogram roughly 88 pounds cubesat that…
In recent times cryptocurrency platforms have been airing a number of commercials on television in order to entice a broader audience to get into cryptocurrencies. The digital currency community has witnessed crypto commercials starring the seven-time Super Bowl winner Tom Brady and his supermodel wife Gisele Bündchen, award-winning director Spike Lee, and the actor Matt Damon. Another commercial starring actress…
sponsored On November 2rd, 2021, RChain‘s blockchain scientist Atticbee visited ZB exchange as an invited guest for a very technical AMA. ZB is a global exchange being in operation for 8 years with a focus on keeping customers’ assets secure. Atticbee discussed the problems of current blockchain technology and RChain’s answer to these challenges, and why one day RChain will…
Visas head of crypto Cuy Sheffield said that investing in cryptocurrency has become a lot cooler thanks to an influx of creative types drawn in by the booming NFT sector. Sheffield was speaking on day one of the Singapore Fintech Festival on Nov. 8. He said that a whole new class of mainstream users are flocking to crypto and that…
Robinhood COO Christine Brown has praised the Shiba Inu community but said safety was the platforms priority over the short term gain of listing new tokens. Brown made the comments in an interview for the Crypto Goes Mainstream event streamed live on YouTube on Nov. 10. When asked about Shiba Inu (SHIB) she said: One of my favorite things is…
Alarmed by the rising energy needs of cryptocurrency mining, Sweden’s financial and environmental regulators have recently proposed an EU-wide ban on proof-of-work coin minting. The Swedish officials believe this would encourage a move towards a more energy-efficient extraction of bitcoin while supporting the transition towards climate neutrality in Sweden and Europe. A state-run power company warns, however, that restrictions could…
It’s not quite $69 million. But, hey, $29 million isn’t too shabby. Beeple, the digital artist whose tokenized artwork “EVERYDAYS: THE FIRST 500 DAYs” sold for a record $69.3 million at a Christie’s auction this March, has followed it up with a $28.9 million sale today of a hybrid physical and digital work. It’s the second-largest sum paid for an…
