Bitcoin’s Lightning Network Found More Centralized Than Expected by Researchers The Lightning Network’s (LN) configuration is becoming increasingly centralized, with multiple hubs being formed.This is the finding of a yet-to-be-reviewed research paper, released on pre-print site arXiv on Feb.7.A team of academics from Switzerland, France, Italy and Canada authored the paper.Jian Hong-Lin and Kevin Primicerio conducted the analysis, while others, including Blockstream… Paxos receives ‘preliminary conditional approval’ for US bank charter The stablecoin issuer has nabbed a banking license, but it doesn’t mean they’ll be doing any banking in the traditional sense.473 Total views 2 Total shares The U.S.Office of the Comptroller of the Currency (OCC) has granted today stablecoin company and PayPal collaborator Paxos a federal charter to form a national trust bank… People who bought Bitcoin in 2017 becoming the strongest HODLers, new data shows Bitcoin (BTC) may be worth almost three times more than at the height of its 2017 bull run, but a lot of hodlers from that time refuse to sell.The latest data from Bitcoin financial services firm Unchained Capital shows that 2017 buyers control an increasingly large amount of the BTC supply.2017 hodlers are not “weak… HSBC Is First Bank to Finance Transaction Via Hyperledger on We.trade Multinational banking giant HSBC has reportedly become the first bank to complete financing transaction on European blockchain trade platform we.trade.Since we.trade started the project back in 2017, HSBC recently financed a transaction on the platform within a second round of pilots that started in June 2019, economics magazine Global Trade Review (GTR) reported on Aug.… Bank of Japan Official Calls for Deeper Understanding of Digital Currencies Central banks should develop a deeper understanding of the consequences of issuing a digital currency, according to a Bank of Japan official.According to Reuters on Feb.27, Bank of Japan Deputy Governor Masayoshi Amamiya explained that central bank digital currencies (CBDCs) could streamline settlements and facilitate private money flows, but also stifle private financial innovation… Texas Regulators Take Aim at South African Cryptocurrency MLM Scheme The Texas State Securities Board has successfully shut down the operations of an illegal cryptocurrency investment scheme.729 Total views 21 Total shares The Texas State Securities Board has shut down the activities of a South African multi-level marketing scheme involving cryptocurrency investments in the state.In a recent statement, Securities Commissioner Travis J.
Iles said… Libra Is Like Sending a Friend Request to Terrorists, Politician Says A United States Democratic congressman has claimed “Mark Zuckerberg is sending a friend request to oligarchs, drug dealers, human traffickers and terrorists” by launching Facebook’s Libra cryptocurrency.In a combative tweet on July 17, Brad Sherman described Libra as the “Zuck Buck” and he accused the Facebook CEO of deliberately attempting to circumvent America’s anti-money laundering… Ethereum 1.x Devs Focusing on ‘Stateless Clients’ to Curb Chain Bloat While Ethereum continues to develop the next stage of its evolution with the sharding-enabled Ethereum 2.0, a group of developers will focus on the existing chain to maintain its operability during the transition.Dubbed Ethereum 1.x, the project’s goal is to maintain Ethereum’s (ETH) usability while the Serenity upgrade is being worked on.As explained in… Estonia Grants Crypto Trading and Custody License to WEG Bank German bank WEG Bank obtained a cryptocurrency trading and custody in Estonia.WEG Bank confirmed in a tweet published on Aug.25 that it obtained a crypto trading and custody license in Estonia.Estonia greenlights German bank to trade and hold cryptoFurthermore, the firm also announced that it is now trying to take hold of a… Leave a Reply You must be logged in to post a comment.
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