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The week of June 25 marked a new array of firsts for Bitcoin’s Lightning Network with acceptance rising and all three of its implementations entering beta. c-lightning, lnd And Eclair Go Beta The product of intense development, c-lightning, lightning network daemon (lnd) and Eclair formally entered beta release Monday. Commenting on the milestone, c-lightning developer Blockstream said hinted the technology would now become more straightforward for end users – a key aspect in driving acceptance. “It migrates away from the protocol used while designing the specification and toward a new…

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Electronic music futurist, Gramatik, released a groundbreaking song and accompanying video, highlighting the development of money. With all the trash in popular culture when it comes to cryptocurrency (drugs, terrorism, etc.), his ‘Future Crypto’ is a welcome respite. Speaking of trash, Netflix greenlights Vox’s horrible episode five in its first season of ‘Explained,’ where it falls prey to every mainstream cliché. Also read: Supremes Uphold Cell Privacy, Hope for Ross Ulbricht Gramatik Sets the Bar High with ‘Future Crypto’ Sometimes in the crypto space, there’s a tendency to make every…

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There is only one question on the mind of cryptocurrency enthusiasts at the moment: Where will Bitcoin go from here? According to one expert trader, the outlook does not look promising this summer.  Cryptocurrency is ‘Vulnerable’ Bitcoin dropped to a new yearly low of roughly $5750 before experiencing a rescue bounce of sorts back up to roughly $6200. At the time of this writing, Bitcoin is trading at $6156 — but Jordan Hiscott, Chief Trader at Ayondo Markets, thinks the worst has yet to come. Hiscott told Express.co.uk that he expects…

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Former Bitcoin core developer Jeff Garzik has sold almost half of the available tokens in his Metronome project’s initial coin offering to just three investors. Metronome: Empty-Handed Investors Vent Scorn Data from the Ethereum Blockchain confirms the giant transactions, which appear to have angered potential investors who claim they were unable to purchase tokens themselves. Metronome, which Garzik initially revealed via his startup Bloq in October 2017, is designed to be a cross-blockchain cryptocurrency affording users the ability to ‘swap’ between different cryptocurrencies’ blockchains using the same coin. Coming at…

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One of the oldest, most respected sites in the cryptosphere, Blockchain.info (Info), is moving domains. For many ecosystem veterans, Info was where it all started. First wallets. First block exploration. First real interaction with cryptocurrency. Recently, the group announced its move and plans for the future. It’s also a change signaling maturation of the space. Also read: Supremes Uphold Cell Privacy, Hope for Ross Ulbricht Blockchain.Info Moving to Blockchain.com “Later this month,” a notice on the Blockchain.info blog of read, “we’ll be consolidating all pages on blockchain.info under our one…

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The Japanese Police have been cracking down on users of remote mining software apps, such as Coinhive, without their website visitors’ consent. After being investigated and having their property impounded, users are speaking up about the unfairness of the investigation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Problems with the Investigations and Arrests The Japanese police have been actively investigating website owners using programs such as Coinhive to mine cryptocurrencies without their site visitors’ consent. Recently, the police from 10 prefectures reportedly caught 16 people using such programs; three…

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2018 might not be the best year for crypto investors so far, but a lot of wealth is still in the hands of long-term holders. The latest example of this comes from Silicon Valley where some people are using bitcoin to buy millions worth of expensive timepieces, diamonds and other luxury items. Also Read: This Week in Bitcoin: McAfee Backs Off, Crypto World Cup and the Mystery of 21e8 Crypto Surpasses Credit Cards Stephen Silver Fine Jewelry, a Silicon Valley-based ultra-high-end watches and jewelry boutique which implemented cryptocurrency payments back…

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The U.S. Secret Service is taking a good look at privacy-focused cryptocurrencies like Monero and Zcash while urging Congress to “consider additional legislative or regulatory actions.” Fear of Privacy Coins Last week, a top official from the federal law enforcement agency reportedly requested help from Congress in combating the use of privacy coins for illicit purposes. Robert Novy, Deputy Assistant Director of the Secret Service’s Office of Investigations, wrote: We should … consider additional legislative or regulatory actions to address potential challenges related to anonymity-enhanced cryptocurrencies. He added, as reported by…

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In this week’s daily Bitcoin in Brief editions we reported about McAfee’s decision to stop shilling ICOs, crypto businesses’ involvement in the 2018 FIFA World Cup and much more. We also explored, in this week’s most commented-on article, a secret mathematical code that tantalizes the imagination of many bitcoiners. Also Read: Exchanges, Payment and Wallet Firms Join EU Police to Fight Privacy New York to Istanbul On Monday, we reported that Xapo, the company providing wallet, cold storage, and bitcoin-based debit card services, has received a New York Bitlicense. The NY…

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Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data. The country remains attractive to miners while mining costs in many other corners of Europe are simply prohibitive, at the current price of bitcoin. Also read: Crypto Markets, Weak Demand from Miners Hurt GPU Producers No Plans to Introduce Licensing for Miners Cryptocurrencies can be mined in Ukraine without…

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