cooperation
* Rene Pickhardt questions the viability of multiparty payment channels on the Lightning Network. * Channel factories improve payment reliability by allowing off-chain liquidity allocation. * Multiparty channels enable users to allocate liquidity into large groups and sub-allocate it off-chain. * Multiparty channels involve stacking conventional two party channels on top of the multiparty
bitcoin
* Bitcoin is forming a "three blind mice" pattern, suggesting a potential downward trend. * The pattern indicates that future price action will follow the direction of the "three blind mice." * Peter Brandt previously mentioned this pattern in December 2022, before a sharp upside breakout in January 2023.
blockchain
* The Tron Network generated a record $577 million in revenue in Q3, surpassing Bitcoin and Ethereum. * 74% of Tron's revenue came from staking, while 26% came from burning. * Tron's stablecoin activity and entry into the memecoin market drove its record quarterly figures. * Tron is the second-largest
blockchain
* Edward Snowden criticizes Solana for centralization and lack of an adversarial approach. * Solana community defends network's decentralization and challenges Snowden's claims. * Cardano developer raises concerns about Solana's consensus mechanism. * Solana's rise marked by criticism from Ethereum and Cardano communities. * Solana's
attacks
Summary : A series of pager attacks in Lebanon has raised concerns about potential supply chain attacks in the crypto industry. Although the attacks are not directly related to crypto, they have prompted worries about the security of hardware devices used to store digital assets. Crypto hardware wallets contain electronic components
cloud
* Google is deleting old user accounts that have been inactive for at least two years. * Tech YouTuber "Mental Outlaw" believes this indicates Google is running out of storage. * Google's initiative suggests the decline of free online service models. * Adblocking services and privacy-focused browsers have affected revenue
bitcoin
* Residents of Hadsel, Norway face higher electricity bills after local Bitcoin mine shuts down. * The mine's closure represents 20% of electricity provider Noranett's income. * Residents complained about noise from the mining center. * Local electricity bills could rise by NOK 2,500 to 3,000 annually. * Bitcoin
cryptocurrencies
* Circle, the issuer of the second-largest stablecoin USDC, believes stablecoins will become mainstream money. * Circle emphasizes the need for global harmonization of regulations for payment stablecoin issuers. * Circle plans to move its global headquarters to New York and calls for federal stablecoin rules in the US. * Circle supports the stablecoin
china
* Chinese lawmakers are considering revising anti-money laundering law to monitor money laundering risks through emerging financial technologies. * The revisions aim to improve detection methods amid the rapid development of new technologies. * The proposed provisions call for collaboration between the central bank and financial regulators to manage money laundering threats from
ethereum
* Ethereum developers are considering splitting the Pectra upgrade into two parts. * The first phase could launch by early 2025. * Splitting the upgrade may be a safer option and allow for quicker delivery. * The split is likely due to the complexity of the upgrade and desire to add more. * The decision
bitcoin
1. Market analyst Michaël van de Poppe believes both cryptocurrency and commodities markets are undervalued. 2. Commodities are currently valued at levels similar to 2000 and 1971. 3. Van de Poppe expects a 10-year bull market for commodities and crypto assets. 4. Analysts predict a Bitcoin breakout in October, potentially
abandonment
* Friend.tech, a decentralized social network, announced the cessation of its development. * Crypto enthusiasts failed to get a crypto-related question featured in a live presidential debate. * Trump's family's DeFi project, World Liberty Financial, will launch via a Twitter Spaces event. * The project aims to embrace crypto