Bitcoin Lightning Network goes live on Cash App

Bitcoin Lightning Network goes live on Cash App

Mobile payment service Cash App revealed that Lightning Network can now be used to transfer Bitcoin (BTC) through its app. With the new feature, its users can send their BTC to any Lightning or on-chain BTC address. Lightning Network is now available on Cash App. It’s the fastest, free way …

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Privacy-focused applications platform Aleo raises $200M

Privacy-focused applications platform Aleo raises $200M

Zero-knowledge applications platform Aleo has raised $200 million in a solid investment round, pushing the company forward and supporting its goals to develop products and services that encourage and assist developers in building applications on top of its decentralized network. The Series B investment round was led by Kora Management …

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Lost Bitcoin may be a ‘donation,’ but is it hindering adoption?

Lost Bitcoin may be a ‘donation,’ but is it hindering adoption?

Cryptocurrency custody solutions have become a big business over the last few years. Independent storage and security systems meant to hold large quantities of crypto on behalf of clients can bring in institutional capital and retail investors waiting on the sidelines simply because they remove a major fear: losing access …

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NFTs construct virtual economies to stay relevant in 2022

NFTs construct virtual economies to stay relevant in 2022

As NFT projects prepare to embark into the Metaverse, it seems they are pivoting from their static imagery to integrating mechanics that provide utility. Notably, Bored Ape Yacht Club has amassed over $1 billion in total volume and announced a mobile play-and-earn game, while fellow primate projects, CyberKongz and SmolBrains …

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Bitcoin encourages transparency, long-term thinking

Bitcoin encourages transparency, long-term thinking

Twitter co-founder and Block (previously Square) CEO Jack Dorsey discussed the implications of a Bitcoin (BTC)-powered universal basic income (UBI) strategy with US congressional candidate and a full-time elementary school teacher, Aarika Rhodes.  “Obscurity of information forces and incentivizes people to negative (financial) behaviors that don’t work for them, their …

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Bitcoin returns to $40K, liquidating over $50M of shorts in hours

Bitcoin returns to $40K, liquidating over $50M of shorts in hours

Bitcoin (BTC) returned to $40,000 for the first time in two weeks during Feb. 4 as Wall Street volatility proved a boon for BTC bulls. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Liquidations mount for BTC shorts Data from Cointelegraph Markets Pro and TradingView showed BTC/USD suddenly jumping past the $40,000 …

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Tezos scores $27M deal with Man United, Baby Doge backs Hoffenheim

Tezos scores $27M deal with Man United, Baby Doge backs Hoffenheim

Manchester United, one of the world’s most popular soccer (or football) teams is reportedly set to announce a multi-year training kit sponsorship by Proof-of-Stake blockchain platform, Tezos. First reported by The Athletic, the deal is apparently in excess of $27 million per year, allowing Tezos to place its logo on …

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NFT project blankets Texas capital city in pro-crypto billboards

NFT project blankets Texas capital city in pro-crypto billboards

The founder of a website guiding readers through the digital asset market started a campaign in Austin to increase awareness of Bitcoin and other cryptocurrencies.  Speaking to Cointelegraph, marketcap.guide founder Sam Feldman said he had deployed more than 100 billboards around the Texas capital city since July, each sharing a …

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Aussie billionaire sues Facebook over crypto scams with AG’s consent

Aussie billionaire sues Facebook over crypto scams with AG's consent

Australian billionaire Andrew “Twiggy” Forrest is taking Facebook to court over scammy cryptocurrency ads that he alleges used his name to defraud victims. The Fortescue Metals chairman is accusing Facebook of breaching Australia’s money-laundering laws, claiming that it “knowingly profits from this cycle of illegal ads” that it failed to …

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