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El Salvador Bitcoin ATM network to receive Lightning Network upgrade
Athena Bitcoin, the company operating a state-owned chain of crypto ATMs in El Salvador, plans to roll out Lightning Network into 100 machines by December 2023.
According to a press release from Nov. 7, Athena Bitcoin Global and Genesis Coin have already enabled the use of the Lightning Network technology across their technology infrastructure and will now begin implementing it, first in El Salvador and then across Latin America.
Out of the 215 active crypto ATMs in El Salvador, the remaining Chivo-branded kiosks and the Athena-branded ones will receive the Lightning Network upgrade in Q1 2024.
The country’s leader, Nayib Bukele, who made Bitcoin (BTC) legal tender in 2021, recently announced his run for reelection as president in 2024. “Five more [years], five more and not one step back,” Bukele said in a speech in front of thousands of Salvadorans.
Athena Bitcoin, the company operating a state-owned chain of crypto ATMs in El Salvador, plans to roll out Lightning Network into 100 machines by December 2023.
According to a press release from Nov. 7, Athena Bitcoin Global and Genesis Coin have already enabled the use of the Lightning Network technology across their technology infrastructure and will now begin implementing it, first in El Salvador and then across Latin America.
Out of the 215 active crypto ATMs in El Salvador, the remaining Chivo-branded kiosks and the Athena-branded ones will receive the Lightning Network upgrade in Q1 2024.
The country’s leader, Nayib Bukele, who made Bitcoin (BTC) legal tender in 2021, recently announced his run for reelection as president in 2024. “Five more [years], five more and not one step back,” Bukele said in a speech in front of thousands of Salvadorans.
Ben 'Bitboy' Armstrong Calls Himself a Victim in Latest Court Filing
The lawsuit claims former colleagues took control of Armstrong's account on X.com "for the express purpose of publicly harassing, embarrassing, and intimidating" him.
Armstrong, formerly known as Bitboy, has sued former colleagues over an allegedly stolen Lamborghini and alleged racketeering activities involving threats and a conspiracy to deprive him of the vehicle, according to a filing in Cobb County, Georgia.
Armstrong was previously ousted from his media company, BitBoy Crypto, following a decision by the company that produced the channel, as per an August announcement, which led to him dropping the 'Bitnoy' moniker.
This is the second suit Armstrong has filed against his former colleagues.
The lawsuit claims former colleagues took control of Armstrong's account on X.com "for the express purpose of publicly harassing, embarrassing, and intimidating" him.
Armstrong, formerly known as Bitboy, has sued former colleagues over an allegedly stolen Lamborghini and alleged racketeering activities involving threats and a conspiracy to deprive him of the vehicle, according to a filing in Cobb County, Georgia.
Armstrong was previously ousted from his media company, BitBoy Crypto, following a decision by the company that produced the channel, as per an August announcement, which led to him dropping the 'Bitnoy' moniker.
This is the second suit Armstrong has filed against his former colleagues.
Crypto Traders Are Earning 165% Yields By Staking a Token Named After Elon Musk’s Pet
Developers are trying to capture a piece of the global asset tokenization market as part of a new product in the Floki ecosystem.
Over $55 million of floki (FLOKI) tokens have been locked on the blockchain’s staking platform.
Floki was released in 2021 as a meme coin named after Elon Musk’s pet, Shiba Inu, but has morphed over time to position itself as a serious decentralized finance (DeFi) project. Decentralized finance is an umbrella term for lending and borrowing carried out on the blockchain without the use of intermediaries.
The staked floki is used to reward holders with token (TOKEN), a sister project that allows users to tokenize real-world assets (RWA) that was released in the last week of October.
#Stablecoins #BNBecosystem
Developers are trying to capture a piece of the global asset tokenization market as part of a new product in the Floki ecosystem.
Over $55 million of floki (FLOKI) tokens have been locked on the blockchain’s staking platform.
Floki was released in 2021 as a meme coin named after Elon Musk’s pet, Shiba Inu, but has morphed over time to position itself as a serious decentralized finance (DeFi) project. Decentralized finance is an umbrella term for lending and borrowing carried out on the blockchain without the use of intermediaries.
The staked floki is used to reward holders with token (TOKEN), a sister project that allows users to tokenize real-world assets (RWA) that was released in the last week of October.
#Stablecoins #BNBecosystem
Bitcoin (BTC) futures, offered by global derivatives giant Chicago Mercantile Exchange (CME), are widely known to aid price discovery in the spot market tied to the leading cryptocurrency. New research by McClellan Financial Publication shows sudden spikes in open interest, or the number of active contracts, in these cash-settled futures, hints at trend changes in bitcoin’s price.
Open interest in CME’s standard BTC futures, also known as large futures, has increased by 35% to 19,603 ($3.4 billion) in four weeks, according to CFTC’s Commitment of Traders report. The standard contract is sized at 5 BTC ($173,000) and is considered a bell weather for institutional activity.
#BTC #Blur #BBW2023
$BTC $ETH $BNB
Open interest in CME’s standard BTC futures, also known as large futures, has increased by 35% to 19,603 ($3.4 billion) in four weeks, according to CFTC’s Commitment of Traders report. The standard contract is sized at 5 BTC ($173,000) and is considered a bell weather for institutional activity.
#BTC #Blur #BBW2023
$BTC $ETH $BNB
Today, something big is happening in the crypto market as it skyrockets past the $31,000 milestone. This isn’t just a lucky event; it’s due to a combination of factors, one being the increase in crypto trading activity during October.
A recent report from blockchain data reveals that an impressive 76% of all Bitcoins are firmly held by people who’ve kept their coins for at least 155 days. These steadfast investors are boosting the market’s current growth.
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#BTC $BTC $BTC
#BTC #btcanalysist
A recent report from blockchain data reveals that an impressive 76% of all Bitcoins are firmly held by people who’ve kept their coins for at least 155 days. These steadfast investors are boosting the market’s current growth.
if my updates are helpful to you don't forget to support by giving a TIP 🙏
#BTC $BTC $BTC
#BTC #btcanalysist
Bitcoin (BTC) primed for major run if this "beautiful" pattern validates
In a recent post, Charles Edwards, crypto analyst and founder of Capriole Fund, shared a Bitcoin monthly chart, pointing to an interesting pattern, which, if validated, might ignite a run for the flagship crypto.
Edwards called it "Bitcoin's four bumps and runs," adding that this cycle's bump and run reversal (BARR) is consistent with all prior cycles as BTC moves closer to the 2024 halving.
Based on length, depth and duration, the analyst observed that the next 12 to 18 months should see the highest cycle returns. At the moment of writing, BTC is trading at $27,520, down 1.33%, per CoinMarketCap.
$BTC $ETH
#crypto2023
#BTC
In a recent post, Charles Edwards, crypto analyst and founder of Capriole Fund, shared a Bitcoin monthly chart, pointing to an interesting pattern, which, if validated, might ignite a run for the flagship crypto.
Edwards called it "Bitcoin's four bumps and runs," adding that this cycle's bump and run reversal (BARR) is consistent with all prior cycles as BTC moves closer to the 2024 halving.
Based on length, depth and duration, the analyst observed that the next 12 to 18 months should see the highest cycle returns. At the moment of writing, BTC is trading at $27,520, down 1.33%, per CoinMarketCap.
$BTC $ETH
#crypto2023
#BTC
Cardano Founder Says SBF Getting a Free Pass From the Media Shows the Levels of Corruption
Hoskinson’s tweet echoes that of pro-XRP lawyer John Deaton, who insists that people who see SBF as a good guy who made mistakes should never be in charge of other people’s money.
Charles Hoskinson, the founder of the Cardano blockchain, has slammed the mainstream media and everyone who is trying to paint the wrongdoings of Sam Bankman-Fried (SBF), the indicted founder and former CEO of the bankrupt cryptocurrency exchange FTX, as mistakes, thereby making him look like a good man.
In a recent post on X, Hoskinson said it seemed “extraordinary” to him that SBF, who he tagged the “Bernie Madoff of my generation,” was getting a free pass from the media because he has “the right friends.” He insisted that such development was evidence that things had gotten “profoundly corrupt.”
Cardano Founder Says SBF Getting a Free Pass From the Media Shows the Levels of Corruption
Charles Hoskinson, the founder of the Cardano blockchain, has slammed the mainstream media and everyone who is trying to paint the wrongdoings of Sam Bankman-Fried (SBF), the indicted founder and former CEO of the bankrupt cryptocurrency exchange FTX, as mistakes, thereby making him look like a good man.
In a recent post on X, Hoskinson said it seemed “extraordinary” to him that SBF, who he tagged the “Bernie Madoff of my generation,” was getting a free pass from the media because he has “the right friends.” He insisted that such development was evidence that things had gotten “profoundly corrupt.”
SBF Getting a Free Pass by The Media
The Cardano founder argued that a review of an SBF autobiography written by American author and financial journalist Michael Lewis revealed that a group of elite circles want to absolve SBF of the blame for whatever happened at FTX before its implosion.
#crypto2023
Hoskinson’s tweet echoes that of pro-XRP lawyer John Deaton, who insists that people who see SBF as a good guy who made mistakes should never be in charge of other people’s money.
Charles Hoskinson, the founder of the Cardano blockchain, has slammed the mainstream media and everyone who is trying to paint the wrongdoings of Sam Bankman-Fried (SBF), the indicted founder and former CEO of the bankrupt cryptocurrency exchange FTX, as mistakes, thereby making him look like a good man.
In a recent post on X, Hoskinson said it seemed “extraordinary” to him that SBF, who he tagged the “Bernie Madoff of my generation,” was getting a free pass from the media because he has “the right friends.” He insisted that such development was evidence that things had gotten “profoundly corrupt.”
Cardano Founder Says SBF Getting a Free Pass From the Media Shows the Levels of Corruption
Charles Hoskinson, the founder of the Cardano blockchain, has slammed the mainstream media and everyone who is trying to paint the wrongdoings of Sam Bankman-Fried (SBF), the indicted founder and former CEO of the bankrupt cryptocurrency exchange FTX, as mistakes, thereby making him look like a good man.
In a recent post on X, Hoskinson said it seemed “extraordinary” to him that SBF, who he tagged the “Bernie Madoff of my generation,” was getting a free pass from the media because he has “the right friends.” He insisted that such development was evidence that things had gotten “profoundly corrupt.”
SBF Getting a Free Pass by The Media
The Cardano founder argued that a review of an SBF autobiography written by American author and financial journalist Michael Lewis revealed that a group of elite circles want to absolve SBF of the blame for whatever happened at FTX before its implosion.
#crypto2023
FTX used Python code to fake its insurance fund figure: Gary Wang
Crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund — a pool of funds meant to prevent user losses during huge liquidation events — according to testimony from FTX co-founder Gary Wang.
In the damning new testimony on Oct. 6, FTX's former chief technology officer, Gary Wang, said that FTX’s so-called $100 million insurance fund in 2021 was actually fabricated, and also never actually contained any of the exchanges’ FTX tokens (FTT) as claimed.
Instead, the figure shown to the public was calculated by multiplying the daily trading volume of the FTX Token by a random number close to 7,500.
An exhibit in the Oct. 6 trial shows the alleged code used to generate the size of the so-called "Backstop Fund” or public insurance fund.
What are your thoughts about this really ?
#crypto2023
Crypto exchange FTX used hidden Python code to misrepresent the value of its insurance fund — a pool of funds meant to prevent user losses during huge liquidation events — according to testimony from FTX co-founder Gary Wang.
In the damning new testimony on Oct. 6, FTX's former chief technology officer, Gary Wang, said that FTX’s so-called $100 million insurance fund in 2021 was actually fabricated, and also never actually contained any of the exchanges’ FTX tokens (FTT) as claimed.
Instead, the figure shown to the public was calculated by multiplying the daily trading volume of the FTX Token by a random number close to 7,500.
An exhibit in the Oct. 6 trial shows the alleged code used to generate the size of the so-called "Backstop Fund” or public insurance fund.
What are your thoughts about this really ?
#crypto2023
This article has been republished with permission from Binance News.
According to Foresight News, UniSat Wallet, a Bitcoin inscription wallet, has announced an upgrade to version 1.1.31. The new features include support for .x domain names in addition to the existing .sats and .unisat domains. Domain name resolution now requires three confirmations. This version also fixes the signature issue with Taproot addresses and adds input validation functionality, prohibiting negative values.
$BTC #BTC #crypto2023 #ETH
According to Foresight News, UniSat Wallet, a Bitcoin inscription wallet, has announced an upgrade to version 1.1.31. The new features include support for .x domain names in addition to the existing .sats and .unisat domains. Domain name resolution now requires three confirmations. This version also fixes the signature issue with Taproot addresses and adds input validation functionality, prohibiting negative values.
$BTC #BTC #crypto2023 #ETH