The mobile software, cloud-based services, and business intelligence (BI) firm Microstrategy is seeking a full-time Lightning Network software engineer, according to a job listing published this week. The developer, if hired, will build a Lightning Network-based software as a service (SaaS) platform for the company so it can be used for ecommerce use cases and connect with enterprises looking for payment solutions as well. Microstrategy Looks to Hire Lightning Network Software Developer After the company purchased 301 bitcoin (BTC) to hold on its balance sheet, the BI firm Microstrategy published…
Day: September 30, 2022
"Everyone Is Wrong About Bitcoin's Bull Run" | Michael Saylor
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I Made an NFT Collection to Represent My Student Loan Debt
I ruminated on this project for months before starting and I quickly realized that not only is the stigma behind having student loan debt building on a principal shame of not having enough money to support one’s self during college, but there’s also added shame in disclosing just how much you’ve spent, and on what degree. Culturally, $100,000 on a JD is far different than $100,000 on an MFA. Source
XRP Price Rallied By Double Digits, Will Buyers Defend This Level?
The XRP price has increased significantly in the past 24 hours. The coin registered over 10% growth in the past day. Over the last week, the coin brought in 10% appreciation as well. Overall, XRP bulls seemed to take control of the charts. The coin could slowly attempt to trade near its next resistance mark, and with growing demand, it could get past that price mark. The support zone for that price rested between $0.43 and $0.39, respectively. It is important for XRP to get back up to $0.51, which…
Crypto and the ‘Law of the Horse’
There’s no such thing as “crypto law.” So why are so many people studying it? This article is part of CoinDesk’s “Education Week.” Source
So what if Bitcoin price keeps falling! Here is why it’s time to start paying attention
For bulls, Bitcoin’s (BTC) daily price action leaves a lot to be desired, and at the moment, there are few signs of an imminent turnaround. Following the trend of the past six or more months, the current factors continue to place pressure on BTC price: Persistent concerns of potential stringent crypto regulation. United States Federal Reserve policy, interest rate hikes and quantitative tightening. Geopolitical concerns related to Russia, Ukraine and the weaponization of high-demand natural resources imported by the European Union. Strong risk-off sentiment due to the possibility of a…
Beleaguered NFT Traders Can Now Relive Mania With Fantasy League Game
There are, however, 36% more NFT traders now than there were a year ago, according to a report by DappRadar. “NFT volumes are way down across the board, but interest is still high,” Krogsgard said. “We’re still super excited about the future of NFTs.” Source
CFTC takes legal action against Digitex futures exchange and CEO
The United States Commodity Futures Trading Commission, or CFTC, filed a complaint against Digitex LLC and its founder and CEO Adam Todd for failing to register the cryptocurrency futures exchange and manipulating the price of its DGTX token. According to a Sept. 30 court filing in the Southern District of Florida, Todd allegedly pumped up the price of DGTX tokens in an effort to inflate Digitex’s holdings. The U.S. regulator claimed the Digitex CEO used different corporate entities as part of a scheme to launch and operate an illegal digital…
Amber Group uses simple hardware to show just how fast, easy the Wintermute hack was
Amber Group has reproduced the recent Wintermute hack, the Hong Kong-based crypto finance service provider announced on its blog. The process was fast and simple, and used hardware easily accessible to consumers. Wintermute lost over $160 million in a private key hack on Sept. 20. Reproducing the hack can help “build a better understanding of the attack surface spectrum across Web3,” Amber Group said. It was only hours after the hack of UK-based crypto market maker Wintermute was revealed that researchers were able to pin the blame for it on…
Bitcoin Holds Strong Above $19.5K as Investors Chew Over Latest Price Data
U.S. equities slogged through a dreary day, with the tech-heavy Nasdaq, the S&P 500 (which has a heft technology component) and Dow Jones Industrial Average (DJIA) declining 0.8%, 0.9% and 1.2%, respectively. The personal consumption expenditures (PCE) index results for August, released Friday, spooked investors already fretting about high inflation. Original