Block, formerly known as Square, is integrating the Lightning Network into its popular Cash App, a move first promised in 2019. The company said the feature should be available to all U.S. Cash App users, except those in New York State, in the coming weeks. Source
Day: January 18, 2022
Blossom Capital’s Newly Launched $432 Million Fund to Focus on Crypto Startups – Finance Bitcoin News
Blossom Capital, the London-based venture capital firm founded by Candice Lo, Imran Ghory, Mike Hudack, and Ophelia Brown plans to dedicate more funds to the growing cryptocurrency ecosystem. On January 18, Blossom announced a new fund worth $432 million, and a third of the capital will be distributed to early-stage crypto firms. A Third of Blossom’s New $432 Million Fund to Bolster Crypto Companies On Tuesday, Blossom Capital announced the creation of a new venture fund worth $432 million and according to the company, a third of the funds will…
Intel to Unveil 'Ultra Low-Voltage Bitcoin Mining ASIC' in February
Intel, one of the world’s largest chipmakers, is likely to unveil a specialized crypto-mining chip at the International Solid-State Circuits Conference (ISSCC) in February, according to the conference’s agenda. One of Intel’s “Highlighted Chip Releases” at the conference is entitled “Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC.” The session is scheduled for Feb. 23. This brings the company into direct competition with the likes of Bitmain and MicroBT in the market for bitcoin mining ASICs, or application-specific integrated circuits, for the first time. Crypto mining has in the past…
El Salvador’s Bitcoin wallet onboards 4M users with Netki partnership
El Salvador, the first country to make Bitcoin (BTC) a legal tender has onboarded 4 million users for its government-backed BTC wallet Chivo in partnership with digital identity provider Netki, according to an announcement. Netki has announced that Chivo wallet onboarded over 4 million new users in 45 days using the company’s flagship KYC/AML product, OnboardID. The platform also claimed that it had facilitated the compliant onboarding of 70% of the country’s previously unbanked population. El Salvador passed the Bitcoin bill in June last year and officially made Bitcoin a…
Crypto News Roundup for Jan. 18, 2022
This episode is sponsored by Kava. Today’s Stories: Morgan Stanley Says Crypto Markets Are Weakening as Central Banks Look to Tighten Binance Destroys 1.6M BNB Tokens in First-Ever Auto Burn Bitcoin May Soon Wake From Slumber, Derivatives Data Indicate Bond Yields Hit Two-Year High as Stock Futures Fall – WSJ US Treasuries sell off as traders look ahead to rate rises | Financial Times Featured Story: Is a DAO + LLC Still a DAO? This episode was edited & produced by Adrian Blust. Source
What’s an Airdrop and Why Crypto Airdrops Are Issued
CryptoX – Cryptocurrency Analysis and News Portal As a crypto airdrop is primarily designed for promotional and marketing efforts, it can be tricky to ensure you are eligible for future events. Every airdrop has individual requirements to assess eligibility, although most of them are easy to find. An airdrop involving a blockchain snapshot is often communicated after the fact, making qualification difficult. However, there are other options to explore: Source The post What’s an Airdrop and Why Crypto Airdrops Are Issued appeared first on CryptoX. CryptoX Portal
What’s an Airdrop and Why Crypto Airdrops Are Issued
As a crypto airdrop is primarily designed for promotional and marketing efforts, it can be tricky to ensure you are eligible for future events. Every airdrop has individual requirements to assess eligibility, although most of them are easy to find. An airdrop involving a blockchain snapshot is often communicated after the fact, making qualification difficult. However, there are other options to explore: Source
How Bitcoin Mixers Work and Why People Use Bitcoin Mixers
Privacy advocates maintain that methods like privacy coins are a powerful way to prevent the government from snooping on your financial transactions, asserting they are not just for criminals. To obscure the flow of funds, Monero uses one-time use “stealth” addresses and mixes genuine transaction signatures with decoys. While one of the first major dark web marketplaces, the Silk Road, had a bitcoin tumbler baked into its infrastructure, former darknet market White House Market, known for its security, only accepted Monero. Original
Curtis Sword Becomes the First Blockchain-Based Large-Scale 3D ARPG – Press release Bitcoin News
press release PRESS RELEASE. Curtis Sword, a 3D NFT ARPG mobile game on the blockchain, is excited to announce that it has fully launched on both Android and iOS. The project is the first GameFi-built game designed by the original “The Rise of Dragon” mobile game team. The game is the first large-scale 3D ARPG on the blockchain. Players can now explore fun blockchain games, interactive social networks, and a wide range of products and services with complete autonomy. Curtis Sword also offers union members a brand new opportunity to…
Brazilian Asset Manager Hashdex to Launch DeFi ETF Including UNI, AAVE and COMP
This article is adapted from CoinDesk Brasil, a brand-new partnership between CoinDesk and InfoMoney, one of Brazil’s leading financial news publications. Follow CoinDesk Brasil on Twitter. Brazil-based asset manager Hashdex will launch an exchange-traded fund (ETF) following 12 DeFi tokens. The product will be listed on the Brazilian stock exchange B3 as of February, the company said, adding that reserve orders to purchase shares will be available beginning Tuesday. Developed in partnership with global crypto index provider CF Benchmarks, DEFI11 will mirror the CF DeFi Modified Composite Index, an index…