A bird struck by lightning? Crypto made headlines recently after social media platform Twitter announced the integration of the Strike API so that its Tips feature would include crypto-payments. 💯 https://t.co/qKYhMbVJdC — jack (@jack) September 23, 2021 However, not everyone thinks the Lightning Network is the right choice for this mission. Popular crypto-influencer and writerContinue reading “Bitcoin: El Salvador & Twitter, yes, but this proponent isn’t a fan of Lightning Network”

At the 2021 Cardano Summit, participants heard from several officers overseeing different parts of the third-biggest blockchain’s ecosystem. During his own keynote speech, Head of Product Governance, Dor Garbash, spoke about Project Catalyst – A decentralized fund of around $1 billion for a community to vote on and allocate to those bringing solutions. Collective incentiveContinue reading “Cardano’s ‘slow and steady’ Project Catalyst now holds more than $1B”

Twitter integrating the Strike API to bring Bitcoin payments to the social media giant’s Tips feature made news the world over. While many users are eagerly waiting for the global rollout, Strike CEO Jack Mallers has been on an interview spree. During an episode of the What Bitcoin Did podcast, host Peter McCormack spoke toContinue reading “El Salvador’s Bitcoin ‘experiment’ fuels heated ‘opt-in system’ debates”

This time last year, debates about the Bitcoin Lightning Network were largely theoretical since there were fewer than 8,000 nodes in total. Fast forward to late September 2021 – 2.1 million people are using a Lightning Network-enabled wallet to send Bitcoin and Twitter has launched Bitcoin payments by integrating the LN-enabled Strike API. What’s more,Continue reading “Here’s what’s spurring new highs for Bitcoin’s Lightning Network metrics”

The race to launch the first CBDC is one the world is following intently. While most have their eyes fixed on China’s digital yuan pilot, a group of countries has come together to take CBDCs a step further. Phase 3 of Project Inthanon-LionRock saw BIS Innovation Hub Hong Kong Centre, the Digital Currency Institute of theContinue reading “Here’s why a multi-CBDC bridge is being tested on Ethereum”

China’s Evergrande debt crisis quaked not just the real estate sector, but sent shudders through the crypto sphere as well. China FUD and crypto exchanges casting off China-based users caused the king coin’s price to plunge as fear took over the market. During an episode of the What Bitcoin Did podcast, host Peter McCormack spokeContinue reading “Experts opine on whether Bitcoin is a ‘risk asset’ or an ‘insurance asset’”

China declaring all crypto transactions illegal sent shockwaves through Asia’s fintech market. It adversely impacted Hong Kong as well; not just crypto exchanges, but firms and stocks related to crypto were also feeling the bite. FUD impacts crypto related companies On 27 September, Huobi Tech – an affiliate of the crypto exchange Huobi Global –Continue reading “Crypto-related stocks in Hong Kong impacted, but more HODLers for Bitcoin, Ethereum”

El Salvador’s President Nayib Bukele recently took a dig at those spreading FUD against him. At press time, his Twitter bio read, “El Dictador más cool del mundo mundial” roughly translated to “the coolest dictator in the world.” “Chivo” means “cool” in Salvadoran slang and on that note, Bukele tweeted that El Salvador’s state crypto wallet,Continue reading “With 2.1 million users already, will Chivo wallet surpass the banks in El Salvador”

After China’s crackdown on crypto transactions, exchanges began to limit their services for China-based users. FUD rapidly spread and many traders began to wonder what penalties they might face for violating the latest ban. Around the same time, the normally calm weekend saw a frenzy of Bitcoin and Ethereum whales moving their coins from addressesContinue reading “Bitcoin, Ethereum whales swimming out of Huobi, with a huge catch”

DAOs sometimes have an image problem, thanks to the 2016 hack of one such organization on the Ethereum blockchain. Recently, a MakerDao delegate alleged that even US Senator Elizabeth Warren had struggled to understand the difference. However, Coinbase CEO Brian Armstrong has been far more bullish about what DAOs could do for crypto users. During anContinue reading “Importance of DAO’s in ‘experimenting with new forms of governance’”

In the light of China declaring all crypto transactions illegal, both memes and FUD flew around the market. Meanwhile, experts and analysts shared their takes on the development. On 25 September, Real Vision journalist Ash Bennington spoke to investment strategist and Real Vision CEO Raoul Pal to understand the significance of China’s latest move, andContinue reading “China has made its move, the ball is now in America’s court”

On Twitter, more than 66,000 people have viewed a video of a man sending $10 to his friend in El Salvador, to buy a cup of coffee. What made this transfer different? It was done by Strike CEO Jack Mallers using Twitter after the social media platform’s integration with the Strike API. On an episodeContinue reading “The ‘magical’ Strike API integration could mean this for Twitter”