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The Lightning Network has been touted as the solution to the Bitcoin Core (BTC) network’s scalability problem for years now. Over the last few months, the Lightning Network has shown growth but there are still significant concerns about centralization, routing issues, and creating a usable mainstream-friendly interface. The ongoing joke that the network is “18 … Read more
Most cryptocurrency enthusiasts will agree the year 2018 is best forgotten quickly. A lot of financial losses were sustained during this period. That is only normal, after the ludicrous end of year the market went through in 2017. A new report shows US investors lost nearly $2bn from trading Bitcoin alone. This allows for some … Read more
Crypto payment service provider BitPay reports it processed over $1 billion in transactions in 2018 Go to Source Powered by WPeMatico
The case against the crypto banking ban by the Reserve Bank of India (RBI) was unexpectedly heard at the country’s supreme court on Thursday. However, senior advocates for the parties were reportedly absent, so a new date has been set and the crypto case will be “top of the list” on that date. Also read: Indian … Read more
Binance has partly frozen a haul of stolen Cryptopia tokens, says CEO Go to Source Powered by WPeMatico
The Thai Ministry of Finance has rejected the last cryptocurrency exchange application it had been reviewing. The exchange, which has been ordered to close down business and return customer funds, is determined to stay operational. “Shutting down is not an option for us,” its chief strategy officer reportedly said. Also read: Indian Supreme Court Moves Crypto … Read more
All of the top 20 coins by market cap are seeing green today, Jan. 17, except for stablecoins USDT and USDC Go to Source Powered by WPeMatico
Despite the market-wide price plunge last year, cryptocurrency trading volumes have actually increased in 2018 vs 2017. Do the charts reflect the improving fundamental indicators of crypto? Go to Source Powered by WPeMatico
In the past week or so, a number of publications, including cryptocurrency websites, but also “reputable” mainstream outlets, have given stage to a “Kremlin economist” with a bold prediction – Russia will invest billions in bitcoin to tackle U.S. sanctions, possibly triggering a new bull run as early as next month. The claim was quoted … Read more
In the United States, Bitcoin investors who sold their BTC lost $1.7 billion, but overall don’t intend to deduct it on their tax returns, a survey finds Go to Source Powered by WPeMatico