What’s the Deal With the Lightning Network?

Remember that layer two scaling solution they promised for Bitcoin back in the day? Does anyone know what happened to it? It feels like we’ve been waiting for a finished Lightning Network longer than Mt. Gox victims have been awaiting restitution. For now, Lightning is accessible to users with the skills to navigate its quirks and complexities, but for beginners, LN can be bewildering – and its challenges don’t end there. Also read: Bitcoin Trades for a Premium in Hong Kong During Protests Scaling Solution or Solution in Search of…

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Bitcoin Trades for a Premium in Hong Kong During Protests

Right now, thousands of citizens from Hong Kong are protesting certain leaders and opposing a proposed extradition law. Alongside the protests, the country’s political issues are reportedly pushing wealthy Hong Kong residents to move their capital offshore. Since last week, the price of bitcoin core (BTC) has gained a premium in Hong Kong as the digital asset has been trading between $75-150 higher than the global average. Also Read: How to Exchange Your Amazon Gift Cards for Bitcoin Cash Political and Economic Unrest in Hong Kong Spurs Capital Movement Offshore…

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Crypto Cards Expand and a Futuristic Promotion in the Weekly Update From Bitcoin.com

Crypto debit cards supporting bitcoin cash expand their international reach and a platform offers shopping at Walmart using BCH. Watch these and other developments discussed in this week’s video update on Bitcoin.com’s Youtube channel, and get a chance to take part in a futuristic promotion. Also Read: What Makes Slovenia a Cryptocurrency Adoption Leader – Bitcoin.com Mini-Documentary Futuristic Promotion in the Weekly Video Update This week’s show features a number of technological and businesses developments that make bitcoin cash payments more accessible around the world. These include Coinbase expanding its…

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VPN Providers Defy Order to Connect to Russia’s Internet Censor

Russian regulators have once again moved to expand oversight of the online space in an attempt to ensure compliance with various restrictions Moscow is trying to impose. But as in other cases, their efforts have been met with resistance. Over a dozen VPN platforms, popular among crypto enthusiasts and other privacy-conscious users, have refused to join the state-run system for blocking banned websites. Some of them have already announced they are moving abroad. The game of cat and mouse continues, with Roskomnadzor vowing to block nine of the refusers within…

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Bitcoin Hash Rate Sets New All-Time High as Price Reclaims $9k

The Bitcoin network hash rate has reached a new all-time high (ATH) as the BTC price reclaimed $9,000. Bitcoin Hash Rate at ATH Data from Blockchain.com shows that the Bitcoin network hash rate – the computing power required for securing the network – topped 62 quintillion hashes per second (62 million tera hashes per second – TH/s) this past Friday. This figure represents the highest ever hash rate value recorded on the network with the previous record being 61.9 million TH/s achieved in late August 2018. The network achieving a…

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What Makes Slovenia a Cryptocurrency Adoption Leader – Bitcoin.com Mini-Documentary

Slovenia has a population of just 2 million but contains more retail locations accepting bitcoin cash payments than the entire United States. What makes this small country such a cryptocurrency adoption leader? Watch the following video to find out. Also Read: How to Exchange Your Amazon Gift Cards for Bitcoin Cash Slovenia: The Crypto Country A short new documentary on Bitcoin.com’s Youtube channel highlights the thriving cryptocurrency ecosystem in Slovenia. The video features some of the places where you can pay with bitcoin cash (BCH), different Slovenian startups developing technologies…

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From Bitcoin’s Surge To Facebook’s ‘Big Brother’ Coin: Week’s Top Stories

25-year-old oxygen-drain, Justin Bieber, challenged 56-year-old Scientologist, Tom Cruise, to a cage fight, calling him chicken if he doesn’t accept. But would we be better off putting our money on that… or Bitcoin? [hint: the answer’s Bitcoin] Bitcoin Price Hits 13-Month High The new normal is that there is no normal… so Bitcoin is back to normal. Just when we’d got comfortable consolidating for a while around the $8000-mark, the market starts to shake things up again. Admittedly, we had just seen the biggest weekly loss since December 2018, but that…

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Accept Direct Crypto Payments Using the Rocketr Gateway

It’s in the best interest of businesses to offer their customers a variety of payment options. Cryptocurrencies can undoubtedly bring more buyers and many merchants have introduced support for digital assets. A platform called Rocketr helps merchants accept payments in crypto, including bitcoin cash. Also read: Piixpay Lets You Pay Bills and Invoices With Cryptocurrency Payment Platform Supports Traditional and Crypto Options Rocketr is a payment gateway that allows merchants to integrate a variety of payment methods including traditional options like credit cards and Paypal, but it has also been…

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Indian Crypto Community Petitions Government for Regulation

Following widespread reports of the upcoming Indian cryptocurrency bill, the crypto community has started a petition for the government to quickly implement a regulatory framework for cryptocurrencies. In addition, a television network operated by the Upper House of the Indian Parliament has aired a program discussing the bill, and three Right to Information requests have been filed seeking answers about the bill. Also read: Indian Cryptocurrency Regulation Is Ready, Official Confirms Petition to Accelerate Crypto Regulation Since details of India’s “Banning of Cryptocurrency & Regulation of Official Digital Currency Bill…

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Bitcoin Price Blasts Through $9.3K as Crypto Markets Hit 11-Month High

A Sunday surge has sent bitcoin price barreling though resistance yet again as it tops $9,300. The move has lifted total market capitalization above $287 billion which is the highest it has been since July 2018. Bitcoin Price Hits 13-Month High There has been no lay in for traders in Asia this morning as bitcoin price 00 hit a new 2019 and a 13-month high of $9,380 this morning. Following yesterday’s big move BTC spent the best part of Saturday trading around $8,650. As reported by Bitcoinist yesterday, the bulls…

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