Bitcoin Startup Brings Lightning Network Payments to Amazon, Whole Foods

United States-based payments startup Fold has made Lightning Network (LN) payments possible at Amazon, Starbucks, Uber and other big name retailers. The news was revealed in an official blog post published on July 10. As previously reported, the Bitcoin (BTC) Lightning Network is a second-layer solution to bitcoin’s scalability limitations, opening payment channels between users…

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Charles Hoskinson Thinks Cardano Will Prevail Over Libra in Emerging Markets

Cardano founder Charles Hoskinson claimed that emerging markets are where cryptocurrencies matter, and that Facebook’s announced virtual currency Libra is not going to find success in this area, according to a report by Finance Magnates on June 26. According to Hoskinson, emerging markets are the future. He says: “Emerging markets are where cryptocurrencies matter […]…

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Lightning Labs Strikes on iOS, Android With Noncustodial Mobile Wallet

2019 has been an electric year for the Lightning Network, and San Francisco–based Lightning Labs has delivered another striking development. The development company has already launched the alpha for its desktop Lightning wallet in April, announced Lightning Loop/Hyperloop to allow seamless channel funding and withdrawals, and released the network’s first iteration of watchtowers this year.…

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Binance Research: Facebook’s Libra Could Spark Additional Cryptocurrency Volume

Binance Research, the research arm of major cryptocurrency exchange Binance, claims that Facebook’s Libra stablecoin could spark additional cryptocurrency volume in a post published on its blog on June 18. In the announcement concerning the release of the full report, Binance Research claims: “Libra could spark additional cryptocurrency volume due to increased accessibility from both…

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S.L. Benfica Football Club and UTRUST Partner to Accept Cryptocurrency Payments

Portugal’s most decorated football club, S.L. Benfica, has announced a partnership with the UTRUST payment platform to become the first of its kind to accept cryptocurrency as a payment method. Benfica said the decision to accept cryptocurrency payments is designed to expand global audiences and upgrade its e-commerce strategy. Supporters will now be able to…

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Out of Testnet and Into Alpha: Lightning Labs’ Desktop Application Is Live

Lightning Labs just released an alpha version of its Lightning Network wallet. The desktop application is now compatible with Bitcoin’s mainnet and it leverages Neutrino (the protocol, not the analytics company acquired by Coinbase) to give users a lightweight option to “control their own funds,” as opposed to running a full node or trusting a…

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Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings

Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. Faced with emerging disruptive technologies like Bitcoin, their discussions also focused on how money and payments are taking on new forms throughout the world. There…

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