- MEXC expands global reach with 17 new languages, strengthens presence in emerging markets
- American Airlines suspends flights nationwide on Christmas Eve due to ‘technical issues’
- Former D.C. police intelligence chief convicted of tipping off Proud Boys leader ahead of January 6 attack
- Metaplanet makes largest BTC purchase to date despite Bitcoin price correction
- Most layer 2 solutions still struggle with scalability
- Spain’s Christmas Lottery spreads $2.8 billion worth of holiday cheer
- Van Eck: US could reduce national debt by 35% with 1 million Bitcoin reserves
- $60 million withdrawn from Hyperliquid due to North Korean hacker concerns
Author: Vickie Helm
The Lightning Network stands out as Bitcoin’s state-of-the-art scaling approach, facilitating swift and low-cost transactions suitable for everyday use with Bitcoin. As the network expands, evaluating its overall health and efficiency becomes crucial for tapping into its full potential. While conventional measurements such as the total nodes, number of channels, and network capacity have been traditionally employed to assess the Lightning Network, these metrics only capture a fragment of the full picture. To gain a deeper understanding of this second-tier solution’s effectiveness, attention must be shifted toward flow metrics—particularly the Max Flow, which has a rich history in optimizing intricate…
Buenos Aires has launched an innovative digital ID service known as QuarkID, which utilizes zero-knowledge proofs to enhance user privacy. This new initiative allows for the validation of documents without exposing personal information. Following its successful launch, QuarkID is set to expand nationwide, with pilot programs already in progress across various regions in Argentina. The City of Buenos Aires has unveiled a pioneering digital ID service, QuarkID, designed to bolster the privacy of its citizens through sophisticated encryption methods, specifically zero-knowledge proofs. By integrating QuarkID with the existing miBA app—a platform that has been supporting public service access for the…
Andrew Tate’s recent reply to Coffeezilla reveals a troubling lack of depth and concern for those who invested in his cryptocurrency. Coffeezilla, an on-chain investigator, has become a significant critic of influential figures who promote questionable coins to their vast audiences. Among his high-profile targets is Logan Paul, who faced severe backlash over his troubled venture, CryptoZoo. The investigator has also scrutinized well-known personalities like Sam Bankman-Fried to expose fraudulent activities affecting YouTube’s audience of 3.77 million subscribers. Currently, he is facing backlash ahead of a report that has yet to be revealed, which involves various cryptocurrency projects endorsed by…
Key Highlights VanEck has enhanced its Solana Exchange Traded Note (ETN) in Europe by introducing automatic staking functionality, making it easier for investors to earn rewards. The non-custodial staking technique provides security by keeping delegated SOL in cold storage. Share this article VanEck has introduced new features to its Solana ETN in Europe, allowing for automatic staking and simplifying the process for investors to earn and access their staking rewards.When investors buy the VanEck Solana ETN, they are automatically enrolled in the staking program, with rewards calculated and distributed daily after a 25% staking fee is deducted.Matthew Sigel, who leads…
Disclosure: The perspectives and insights offered in this piece are those of the author alone and do not necessarily reflect the opinions of crypto.news editorials. It’s no surprise that prediction markets have emerged as one of the most fascinating uses of blockchain technology today, with betting volumes exceeding $3.1 billion in just the third quarter of this year. Polymarket, which is often referred to as cryptocurrency’s first significant application, has achieved what few blockchain projects have managed. It has gained broad recognition, influenced major events, and commands nearly all of the prediction market landscape with a 99% share. For instance,…
Ripple’s CTO Highlights XRP Accessibility, Yet Challenges Persist in Cryptocurrency Payment Adoption
David Schwartz, the CTO of Ripple, has once again emphasized the significance of XRP in terms of pricing and settlement solutions. His recent remarks were in response to concerns from investors regarding XRP’s lackluster price movement since 2017. In his discussions, Schwartz highlighted that XRP hasn’t yet achieved its full potential in payment systems, even with its extensive availability and beneficial attributes. Ripple’s CTO stands firm Thinking back to a discussion from November 2017, Schwartz stated: There are assertions that XRP cannot maintain a low price if it aims to serve effectively as a medium for large-value payments. He clarified…
The cryptocurrency market has reached a significant milestone, with its total market capitalization exceeding $2.5 trillion for the first time since late July. This surge comes as Bitcoin approaches the critical $70,000 mark. Investors are curious whether this week’s economic reports will further propel the market. Moreover, with the US presidential election just around the corner in two weeks, the Kobisi letter notes that we can expect increased market volatility as the political climate intensifies. Key Economic Events: October 21st – 25th This Wednesday, data on existing home sales will be published, offering insights into the state of the housing…
Explore the newest updates in Spanish. Ethereum is currently approaching a significant resistance point around $2,640. Several analysts suggest that if Ethereum manages to break through this level, it could lead to a substantial price increase. As the entire cryptocurrency market gains momentum, investors are feeling hopeful and eager to see if Ethereum will follow Bitcoin’s recent surge. The overall market sentiment is positive, and traders are on the lookout for possible action from ETH in the near future. Notably, prominent analyst and investor Karl Runeveldt provided a technical breakdown that showcases a promising outlook for Ethereum in the upcoming…
On January 10, 2024, the U.S. Securities and Exchange Commission (SEC) granted approval for Bitcoin ETF applications from 11 investment funds, including notable names like Fidelity, Grayscale, and BlackRock’s IBIT. This decision led to a surge in trading activity over the following month, as banks, investment funds, and individual traders began purchasing shares. Among those gradually expanding their holdings is Morgan Stanley. In its latest 13F-HR/A filing with the SEC, Morgan Stanley revealed that it had invested $272 million in Bitcoin ETFs by the end of the third quarter. While this amount appears substantial, it represents only 2% of the…
Established stablecoins, particularly USDT and USDC, continue to capture a larger portion of the market, solidifying their dominance. However, a new contender has emerged: PayPal’s PYUSD. Although it’s still in its infancy, recent statistics indicate that this new stablecoin is gaining traction, suggesting a possible shift in the market landscape. Changing Dynamics in Stablecoins According to a report from the investment firm Hashdex, the influence of stablecoins rose by 3% in the third quarter of 2024. Both USDT and USDC enjoyed a 1% growth, bringing their market shares to 5% each. In contrast, PayPal’s PYUSD, despite being smaller than its…