Month: June 2022

Bitcoin Lightning Network developer updates node software with Taproot support

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Lightning Labs, a developer of the Bitcoin (BTC) Lightning Network (LN), released a beta version of the Lightning Network Daemon (lnd) — a complete implementation of the LN node — with added support to the latest protocol upgrades including Taproot and Musig2 among other improvements. lnd is a software component that handles various aspects within the LN including managing a database, generating payment invoices and revoking payments to name a few. The latest software release, named lnd 0.15 beta (v0.15-beta), aims to empower developers to create solutions for more use…

British Virgin Islands court reportedly orders to liquidate 3AC

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Troubled cryptocurrency venture capital firm Three Arrows Capital (3AC) is facing more uncertainty amid new reports on the company’s liquidation. A court in the British Virgin Islands ordered the liquidation of Singapore-based 3AC on Monday, the British news agency Sky News reported on Wednesday. The information in the report refers to an unspecified person familiar with the matter. Three Arrows Capital did not immediately respond to Cointelegraph’s request for comment. Three Arrows Capital, also known as 3AC, is a Singaporean crypto hedge fund founded in 2012 by Kyle Davies and…

Bitcoin advocate criticized for backing wallet authentication project

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Crypto Twitter has gone after Nic Carter, a prominent advocate of Bitcoin (BTC), for his involvement in Dynamic, a third-party wallet authentication project that could potentially prevent wallet transactions to be performed if a wallet is categorized as risky.  In a tweet, Carter shared his excitement in backing the project, tweeting Dynamic’s announcement about a recently completed $7.5 million raise led by Andreessen Horowitz (a16z). Following this, users flocked to Carter’s Twitter, expressing their disappointment because of the move. Twitter user Lifetheuniverce argued that what Dynamic is creating is the…

Russian Parliament Adopts Tax Rules for Digital Assets – Taxes Bitcoin News

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Russian lawmakers have approved amendments regulating the taxation of transactions with digital assets. The legislation concerns business operations with cryptocurrencies and tokens. In some cases, the burden for Russian companies will be reduced as compared to foreign entities. Russian Duma Passes Law to Tax Crypto Transactions A bill amending the Tax Code of the Russian Federation to allow the authorities in Moscow to tax operations with digital financial assets (DFAs) has been approved on second, third, and final reading in the State Duma, the lower house of Russian parliament. The…

Is the World’s Computer Falling Behind?

Sunny Aggarwal, the co-founder of the Cosmos-based Osmosis exchange, explained to CoinDesk, “Almost every rollup platform right now is all single operator – whether it’s Arbitrum, Optimism or StarkWare.” In other words, one company or computer, rather than a distributed network of node operators, is responsible for bundling up the transactions that eventually get passed down from the layer 2 chain to the mainnet. Source

Crypto Mines: Bitcoin की खदान देखी है आपने? (BBC Hindi)

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io कज़ाख़स्तान की सबसे बड़ी क्रिप्टो-माइन देखिए. उत्तरी कज़ाख़स्तान का ये सबसे सुरक्षित संयंत्र दुनिया की सबसे बड़ी क्रिप्टो माइंस में से है. इसमें दसियों करोड़ डॉलर के उपकरण लगे हैं. कज़ाख़स्तान बिटकॉइन माइनिंग के लिहाज़ से दुनिया का दूसरा सबसे बड़ा देश है. #CryptoMines #Bitcoin #Kazakhstan * जिन खबरों, तस्वीरों और दावों पर आपको हो शक, हम आपके लिए करेंगे उनकी परख. बीबीसी फ़ैक्ट चेक है आपके साथ. बस भेजिए WhatsApp मैसेज 9811520111 पर. बीबीसी फ़ैक्ट चेक यानी सच की कसौटी. *…

Cappasity to Launch the Solution for Creating NFT-Based Loyalty Programs – Press release Bitcoin News

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press release PRESS RELEASE. SANTA CLARA, CA, June 29, 2022/ — Cappasity provides solutions for 3D digitizing of products for online stores and classifieds. Soon, the platform will offer an NFT service, allowing store owners to create a new communication and marketing channel with their customers. Cappasity users will get the opportunity to create NFTs based on uploaded 3D product visuals in just a couple of clicks. On top of that, a Cappasity NFT contains a section for additional materials that can be added even after the store’s customer receives…

No flexing for Bitcoin Cash users as BCH loses 98% against Bitcoin

Bitcoin (BTC) has hit new record highs this week — not in U.S. dollar terms, but against its longtime competitor, Bitcoin Cash (BCH). Data from Cointelegraph Markets Pro and TradingView confirms that on June 29, BCH/BTC officially set its lowest ever price. CoinFLEX debacle ensnares BCH supporter Ver Bitcoin Cash, also known as “Bcash” by those critical of the coin’s ethos and future, gained notoriety in 2017 when it became the first major hard fork of the Bitcoin network to take on BTC itself. Months after launching, the altcoin hit…

NFT and Digital Asset Authentication Technology Launches on KuCoin June 30th

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REV3AL, a new and innovative cryptocurrency project, comes at a critical time in the crypto sector when scams and fraud are on the rise. As a solution to the hindering growth of the digital media market, REV3AL offers digital copyright protection and anti-counterfeiting solutions for artists, creators, and intellectual property owners. With its multi-layer authentication and anti-counterfeiting protocol, REV3AL hopes to play a major role in protecting digital media, on platforms such as NFT market places, gaming platforms and the metaverse. Venture capital firms and private investors have invested in…