lightning network

Bitcoin proponents have issued a detailed rebuttal to a European Central Bank (ECB) paper that criticized its viability and economic impact. In the working paper by ECB officials Ulrich Bindseil and Jürgen Schaaf, Bitcoin is described as a speculative asset lacking intrinsic value, contributing to wealth concentration, and failing to …

MicroStrategy CEO Michael Saylor has dismissed the idea of a government seizure of Bitcoin as a “trope” while advocating for custodianship through large financial institutions over self-custody. In a recent appearance on the “Markets with Madison” podcast, Saylor addressed concerns from what he called “paranoid crypto-anarchists” who fear such seizures. …

The Lightning Network is a scaling solution for Bitcoin, enabling fast and inexpensive payments that make everyday transactions with Bitcoin possible. As the network grows, it’s essential to measure its health and efficiency accurately, so we can unlock its full potential. Traditional metrics like node count, channel count, and capacity …

Craig Wright launched a new legal battle claiming that Bitcoin developers have deviated from the original vision of the project and insisting that Bitcoin SV is the real Bitcoin. The claim is seeking from the defendants the difference in market valuation between the two coins, over $1.18 billion. If Wright’s …

Following the buzz around Blockstream and its co-founder and CEO Adam Back’s appearance in the HBO documentary last week, the bitcoin infrastructure developer announced Tuesday that it had secured $210 million via a convertible note financing round led by Fulgur Ventures. The fresh capital will be used to accelerate the adoption …

Bitcoin technology firm Blockstream has raised $210 million via convertible note financing in its latest funding round.  Cryptocurrency-focused venture capital firm Flugur Ventures led the fundraise, Blockstream said Tuesday in a statement. The company plans to use the funds to build out its layer-2 solutions, in addition to expanding its …

The Bitcoin (BTC) rewards app Fold has submitted its S-4 filing to the U.S. Securities and Exchange Commission (SEC), initiating the process for an initial public offering (IPO). The filing follows an announcement in July that it plans to go public through a merger with FTAC Emerald Acquisition Corp. Details …

Four years on from the start of the COVID-induced global financial crisis, the global economy stands at a pivotal moment, characterized by moderate inflation and low unemployment yet overshadowed by uneven growth and escalating debt in advanced economies. Recent data from the G20 nations paint a complex picture of economic …

American investors appear to be regaining their appetite for risk, as new exchange-traded funds (ETFs) giving a leveraged position to MicroStrategy stock are booming. MSTX, which launched in August, now has $357.6 million in assets under management. The fund aims to give investors daily leveraged investment results of 1.75 times …

Base, the Ethereum layer-2 protocol developed by crypto exchange Coinbase, has recently witnessed a surge in its activities, resulting in a significant increase in its daily active addresses. According to data from the on-chain analytics platform IntoTheBlock, the increase in Base’s daily active addresses can be linked to the launch …