Shownotes Transcript
29th Sep
September “Lightning Network, not Blockchain” This will be the new narrative in the Bitcoin & Cryptocurrency world?
Bitcoin Lightning Network capacity reaches an all-time high! Lightning network is not lightning years away! El Salvador & Twitter’s tipping feature with LN solves real-world case problems. Liquid Network can also have Smart Contracts, Security token offerings & NFT’s Blockstream has some great information on Liquid Network: A Bitcoin sidechain https://bit.ly/3D0f6N3. You can also watch a great interview of Samson Mow via YouTube here https://bit.ly/3ogguqp. Glassnode has released a suite of Lightning network charts and dashboards to track the performance and adoption of the LN protocol worth looking into https://bit.ly/2WlLGJn LN channels have seen explosive growth over the last nine months, rising 170% in 2021 to reach 2,904 BTC ($127M). 514 of these coins were arising 170% in 2021 to reach 2,904 BTC ($127M). 514 of these coins were added to LN channels in September alone Detailed report here https://bit.ly/3zNloxj
Ethereum news:
Danny Ryan (Ethereum Foundation researcher ) posted via Twitter https://bit.ly/3zOjEE3 could this mean Ethereum 2.0 is much closer? Set date for the Altair upgrade will take place on 27th October in epoch number 74240. Altair is the first main net upgrade to the Beacon Chain . In Ethereum news Business Insider posted Bitcoin of America adds Ethereum to their Bitcoin ATMs. https://bit.ly/3mb7u38 Is Eth also becoming a Store of Value? or will it be a Medium of exchange ?
Kraken Digital Asset Exchange the oldest cryptocurrency exchange has been hit with $1.25M in fines over alleged illegal offering by U.S. Commodity Futures Trading Commission. Official release can be found here https://bit.ly/2Y1jwEA. Cointelegraph also provided a detailed report on the situation https://bit.ly/3ifYYPu
Chainalysis Inc. published a blog on 28th https://bit.ly/3AUqRUC The report states Central, Northern, & Western Europe (CNWE) has the biggest cryptocurrency economy in the world, receiving over $1 trillion worth of cryptocurrency over the last year, which represents 25% of global activity. The report has a screenshot of transaction volume by region.
Alibaba Group announced that Alibaba.com will prohibit sales of cryptocurrency miners and suspend categories for blockchain miners and accessories from its website on Oct. 8. Official announcement https://bit.ly/3CUbo7l Alibaba will impose a ban on using its platforms to sell major cryptocurrencies, such as Bitcoin (BTC), Ether (ETH), Litecoin (LTC), as well as smaller coins like Quark (QRK). Looks like China’s hate for cryptocurrency is getting serious for the 38th time https://bit.ly/3zRFZ3J
UAE news:
UAE news
1) Alturaash Art to auction the art pieces with cryptocurrency ( Check slides )
2) MidChains an Abu Dhabi virtual asset trading exchange completes first trades on four cryptocurrencies ( Check slides )
#blockchainnews #blockchaindxb #cryptocurrency #bitcoin #cryptonews #crypto #ethereum #exchange #news #dubai #nft #doge #dogetothemoon #uae
For slides click here https://www.linkedin.com/posts/r-a-george-19b102104_blockchainnews-blockchaindxb-cryptocurrency-activity-6848805005261119489-tEKi
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