Twitter co-founder and CEO Jack Dorsey has joined a community project demonstrating the functionality of Bitcoin’s (BTC) second-layer scaling protocol, the Lightning Network (LN), on Feb. 5. Dorsey, who has repeatedly pledged his faith in Bitcoin becoming the de facto currency of the internet, is now participating in an experiment dubbed LN Trust Chain, a
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Bitcoin (BTC) mining has become more decentralized and continues to diversify, a new report from Canadian wealth management company Canaccord claimed on Feb. 6. Canaccord, which tracks the blockchain and digital currency sectors along with its other financial operations, highlighted the increasingly wide distribution of Bitcoin’s hash rate over the past five years. This, the
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The United Kingdom Financial Conduct Authority (FCA) has reported that common investment scams’ losses — including those crypto-related — amounted in total to over £197 million ($255 million) in 2018. The agency reported the losses in an official press release published on Feb. 6. According to data from the FCA call center, the most common
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Ethereum startup Aragon is considering building a second network on the blockchain interoperability protocol known as Polkadot. While the firm stressed that it still intends to launch the Aragon Network on the ethereum blockchain this year, CTO Jorge Izquierdo revealed at its Aracon conference this week that it may additionally launch aragonOS, a framework to build
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A new token backed one-to-one with bitcoin is now live on the ethereum blockchain. “Wrapped BTC” (WBTC) officially launched its ERC-20 token Wednesday evening. The project was first unveiled in October as a joint initiative between decentralized exchange startups Kyber Network and Republic Protocol, as well as cryptocurrency custody company BitGo. As stated on the
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Cryptocurrency custody startup Casa has just launched a browser extension for its lightning network-enabled bitcoin node. Now, users will be able to interact with their Casa Nodes – hardware devices that connect to and help validate the bitcoin blockchain – directly on any cryptocurrency website that boasts lightning network functionality. Lightning is a layer-two payments
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Bitcoin’s “lightning torch” saw none other than Twitter CEO Jack Dorsey snatch up the ongoing payment experiment and pass it on Tuesday. As CoinDesk reported today, users have been passing around a so-called “lightning torch” – a running game wherein each participant adds a little bitcoin to a payment, then passes it onto someone on
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Serial investor and bitcoin advocate Bill Gross has announced his immediate retirement from active bond investment to manage his own funds. Gross who was dubbed the  “bond king” for his role in active bond-trading almost 50 years ago, achieved fame and notoriety in equal measure for his investment advice to pick bitcoin over central banks.
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