Binance Implements Lightning Network Support For Bitcoin Transactions

Bitcoin  Ipinapatupad ng Binance ang Suporta sa Lightning Network Para sa Mga Transaksyon sa Bitcoin  5 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Binance, one of the worlds leading cryptocurrency exchanges, has successfully integrated Bitcoin (BTC) onto the Lightning Network, enabling faster and more efficient transactions. As of today, users can now deposit and withdraw Bitcoin (BTC) using the Lightning Network on the Binance platform.  The integration of Bitcoin on the Lightning Network marks a significant milestone for Binance, as it aims to enhance the speed and scalability of Bitcoin transactions. By leveraging the Lightning Network, Binance aims to address the scalability challenges associated with the Bitcoin network, allowing users to enjoy faster and cheaper transactions. Previously, Binance has experienced issues in high fee environments, most recently highlighted when Bitcoin inscriptions caused a surge in fees.  With the Lightning Network integration, Binance users can now take advantage of the Lightning Networks off-chain payment channels to send and receive bitcoin transactions with reduced fees and faster settlement times. This development comes just as Lightning is being integrated into other exchange platforms, essentially becoming an expectation for quick and easy bitcoin transactions. Just last week, a European exchange named Coinfinity also integrated the Lightning Network, with plans

2023-07-17Industriya

Binance completes Bitcoin Lightning Network integration

Bitcoin  Kinukumpleto ng Binance ang pagsasama ng Bitcoin Lightning Network  3 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Crypto exchange Binance has completed the integration of Bitcoin (BTC) Lightning Network (LN) for deposits and withdrawals activities, according to a July 17 .  LN is a “layer 2” payment protocol built on Bitcoin. The protocol enables faster, cheaper transactions between nodes and aims to solve BTC scalability issues, thereby improving user experience and potentially driving higher adoption of the flagship digital asset.  With its integration, Binance joins Bitfinex, Kraken, and OKX as one of the largest trading exchanges to integrate Lightning, according to a GitHub repository by LN advocate David Coen.  Meanwhile, Binance users can still deposit and withdraw their BTC via other networks on the platform, including BNB Smart Chain (BEP-20), Bitcoin, BNB Beacon Chain (BEP2), BTC (SegWit), and Ethereum ERC-20.  Binance nodes connected to rival platforms  Ambosss dashboard shows that the Binance node is connected to rival exchanges, including Kraken, Bitfinex, and OKX. The dashboard further indicates that the Binance node has a total capacity of 3 million Sats—the smallest unit of BTC.  In June, the crypto community spotted Binances LN nodes, with the exchange later confirming that it was working on the integration.  Binance experienced issues in May

2023-07-17Industriya

A Crypto on the Verge of $1 Million

crypto  Isang Crypto sa Kabilugan ng $1 Milyon  1 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Inflationary trends have consistently served as a pivotal financial indicator.  This month, we saw an intriguing twist as the Consumer Price Index (CPI), which gauges the average change in prices over time that consumers pay for a basket of goods and services, rolled out at 3.0% – lower than the anticipated 3.1%, and significantly down from Mays 4.0%. This signifies the lowest index since March 2021, a significant occasion for the financial markets.  Why is this important, you ask?  With a rise in inflation, we often witness a corresponding hike in federal interest rates. This potential increase creates a risk-averse sentiment, making consumers more reluctant to invest in risk-prone assets such as cryptocurrencies. And a green crypto, Chimpzee (CHMPZ) is here at the right time to the right place to benefit from the lowering interest rates.  Harnessing Web3 for Conservation While Earning You Passive Income  Chimpzee is a groundbreaking project that blends the power of Web3 technology with a profound commitment to making a tangible, positive impact on the world.  At its heart, it‘s driven by an unwavering mission to protect and conserve our planet’s dwindling biodiversity while also offering its holders an

2023-07-17Industriya

Pro-XRP Lawyer Decodes Potential Ripple v. SEC Appeal

Tech  Ang Pro-XRP Lawyer ay Nagde-decode ng Potensyal na Ripple v. SEC na Apela  19 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Jeremy Hogan analyzes potential appeal of SECs case against Ripple  In the latest development surrounding the highly anticipated Ripple v. SEC case, legal expert, attorney and digital assets enthusiast Jeremy Hogan has provided his insights into the possibility of an appeal. With his extensive experience in the field, Hogan has shed light on the factors that could influence the decision-making process of both parties involved.  Hogan points out that appeals are generally pursued after a case reaches its final judgment. However, since the Ripple case is yet to conclude, any potential appeal would fall under the category of an interlocutory one. Such appeals are rarely granted, especially if they involve sensitive information that could disrupt the proceedings.  While Judge Torres did not certify her ruling for immediate review, indicating that an interlocutory appeal may not be granted, the parties still have the right to pursue a regular one once the trial and post-trial motions are completed next year.  Who would benefit from this?  According to Hogan, most attorneys believe that the SEC will appeal. However, he personally speculates that neither party is likely to choose to

2023-07-17Industriya

Crypto Exchange Binance Completes Bitcoin Lightning Integration

Bitcoin crypto  Kinumpleto ng Crypto Exchange Binance ang Bitcoin Lightning Integration  16 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The Bitcoin Lightning Network integration will allow Binance users to select the “LIGHTNING” options for the deposit and withdrawals of Bitcoins.  In the latest announcement earlier today, July 17, crypto exchange Binance revealed that it has completed the integration of the Bitcoin Lightning Network. As a result, Binance users can conduct deposits and withdrawals atop the Bitcoin Lightning Network.  Ang opisyal na pahayag ay nagbabasa:  “Binance has completed the integration of Bitcoin (BTC) on the Lightning Network. Deposits and withdrawals for Bitcoin (BTC) are now open on the Lightning Network”.  Thus, Binance users now have the option to choose “LIGHTNING” when withdrawing or depositing Bitcoin. They can also select other options such as BNB Smart Chain (BEP-20), Bitcoin, BNB Beacon Chain (BEP2), BTC (SegWit), and Ethereum ERC-20.  The Bitcoin Lightning Network is a Layer-2 scalability platform for the Bitcoin blockchain that helps in reducing network congestion and facilitating low-cost payments.  Binance has been working on integrating Bitcoin Lightning technology for the past two months. In early May 2023, Binance temporarily halted withdrawals due to a significant increase in Bitcoin transaction fees caused by heightened Bitcoin Ordinals activity.  In June, Binance CEO

2023-07-17Industriya

FSB finalizes its recommendations for a global crypto framework

crypto  Tinatapos ng FSB ang mga rekomendasyon nito para sa isang pandaigdigang balangkas ng crypto  12 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  The Financial Stability Board (FSB) — an international organization that monitors the global financial system — has come up with a global regulatory framework for crypto. The guidelines recommended to the 20 leading economies of the world, known as the G20, are crafted upon the principle of “same activity, same risk, same regulation.”  A public note and two separate guideline documents were made public on July 17. The document consists of two sets of recommendations: high-level recommendations for regulating crypto in general and “revised high-level recommendations” for a “global stablecoin.” The latter means nothing more than any stablecoin that could be used more than in one jurisdiction.  The FSB states that crypto platforms must segregate clients digital assets from their own funds and clearly separate functions to avoid conflict of interest, with regulators ensuring tight cross-border cooperation and oversight.  The international body is also quite open about its appreciation of privacy, as it demands local regulators make sure that there is no activity that “may frustrate the identification of the responsible entity or affiliated entities,” pointing to decentralized finance (DeFi) protocols. One of

2023-07-17Industriya

National Australia Bank Blocks Transactions with High-Risk Crypto Exchanges

crypto  Hinaharang ng National Australia Bank ang mga Transaksyon gamit ang High-Risk Crypto Exchanges  10 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  National Australia Bank (NAB) recently announced that it has taken steps to protect its customers from high-risk cryptocurrency exchanges.  In a statement released on Monday, National Australia Bank stated that it has intervened in over A$270 million ($183.8 million) worth of payments that raised scam concerns between March and July. Despite not disclosing how many of these alerts were triggered by crypto-related scams, NAB has blocked some payments to high-risk cryptocurrency exchanges.  To ensure its customers safety, National Australia Bank has employed a variety of measures, including introducing payment prompts, taking action on spoofing, and stopping the use of links in unexpected text messages. In addition, the bank has taken action to block some payments to high-risk cryptocurrency exchanges. While NAB did not detail the specific exchanges involved, the bank noted that Australians lost over A$221 million ($150.5 million) last year due to crypto-related scams.  NAB‘s decision to block payments to high-risk cryptocurrency exchanges follows similar moves by other Australian banks. Last month, the Commonwealth Bank of Australia also took measures to limit its customers’ ability to send money to crypto exchanges due to

2023-07-17Industriya

Fantom (FTM) Founder Andre Cronje Says Multichain Hack Was a ‘Big Blow’ to Ethereum Rival’s Ecosystem

Ethereum  Ang Tagapagtatag ng Fantom (FTM) na si Andre Cronje ay nagsabi na ang Multichain Hack ay isang Malaking Dagok sa Ecosystem ng Ethereum Rival  8 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Fantom (FTM) creator Andre Cronje says that the recent exploit of cross-chain bridge Multichain was a massive setback for the Ethereum (ETH) rival.  Writing in the communitys forum, Cronje says that the Fantom team was misled about the true security level of Multichain.  Cronje also says that he and his team plan to seek solutions that will make all victims of the Multichain hack whole.  Multichains Fantom bridge was exploited for at least $126 million as bad actors were able to steal a number of coins, including crypto assets such as Chainlink (LINK), Wrapped Bitcoin (wBTC), Wrapped Ethereum (wETH) and a trio of stablecoins.  According to market analytics tool DefiLlama, Fantoms total value locked (TVL) has fallen drastically, from $200 million before the incident to $67 million today.  Multichain has since shuttered its operations, saying that its CEO was arrested by Chinese authorities in May and has not been in contact with the blockchains team ever since.

2023-07-17Industriya

Bollinger Bands See Extreme Squeeze

Tech  Nakikita ng Bollinger Bands ang Matinding Pagpisil  6 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Since the Bitcoin price reached a new yearly high of $31,840 last week, only to invalidate the bullish breakout within a few hours and fall towards $30,000, there has been a strange tranquility in the market. Already since June 23, BTC has been in the trading range between $29,800 and $31,300, with every breakout attempt to the upside and downside having failed within a very short period of time.  However, one of the most prominent technical indicators, the Bollinger Bands, predict that this calm may soon be over. Created by the esteemed trader John Bollinger, these bands provide invaluable insights into market volatility and potential price levels.  Hulaan ng Bollinger Bands ang Malaking Paggalaw Para sa Bitcoin  The Bollinger Bands consist of three distinct lines on a price chart: the middle band, the upper band, and the lower band. The middle band is a simple moving average (SMA) that represents the average price over a specified period. The upper and lower bands are derived from the middle band, with the upper band usually set two standard deviations above the SMA, and the lower band set two standard deviations below it.  The

2023-07-17Industriya

Ang Static ng Sandbox Habang Bumababa ang Interes ng Metaverse, Lumampas ang Tradecurve sa 100% Paglago

Pananalapi  Ang Sandbox Static Habang Nababawasan ang Interes ng Metaverse, Nalampasan ng Tradecurve ang 100% Paglago  24 minuto ang nakalipas  Balita ng Ethereum ng Bitcoin  Ipinapakilala ang Tradecurve, ang groundbreaking na platform na bumagsak sa desentralisadong merkado ng kalakalan. Habang nananatiling static ang iba pang mga cryptocurrencies tulad ng Decentraland (MANA) at The Sandbox (SAND), ang bagong proyekto ay nakatakdang makamit ang isang kamangha-manghang 100% paglago.  Ang Decentraland Team ay Nagpapakita ng Mga Nakaplanong Update Habang ang Token ay Nagtrade sa $0.3813  Inihayag ng Decentraland (MANA) ang ilang paparating na update noong nakaraang buwan. Una, hinila ng platform ang SDK 7 nito mula sa beta phase. Susunod, binago ng Decentraland (MANA) ang homepage nito. Ayon sa komunidad, ang pagkumpleto ng pagbuo ng SDK 7 ay tumagal ng halos isang taon para sa mga developer ng Decentraland.  Ito ay idinisenyo upang magsilbi bilang isang development kit na nagbibigay-daan sa mga user na bumuo ng Metaverse sa Decentraland platform. Ang mga user ay hindi kakailanganing magsulat ng kumplikadong coding upang likhain ang kanilang mga virtual na mundo.  Ang tool ay magagamit para sa pag-download para sa mga gumagamit upang makita kung ano ang maaari nilang gawin dito. Higit pa rito, nagplano rin ang Decentraland ng Game Jam upang ipakita ang

2023-07-17Industriya
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