Square, Inc. buys $ 50 million worth of Bitcoin. After MicroStrategy, which had acquired 38,250 bitcoins between August and September, the electronic payment company Square, founded by Jack Dorsay, today announced that it has purchased around 4,709 bitcoins, for an amount of $50 million. Square believes that bitcoin has the potential to become a go-to currency in the future in all forms of its use as seen today. Amrita Ahuja, chief financial officer of Square said, "The…
@Donkzang in October 2020
Security for Crypto wallets. Security is a point that is very essential for all people who invest in cryptocurrencies, and make use of wallets or wallets from different exchanges or multi-account wallets. We must always take into account greater security of our portfolios of digital assets, even if it is very annoying or tedious the fact of all its protocols, otherwise we would be very vulnerable to any cyber attack, where we can lose all our assets. Therefore, I will…
Investing in cryptocurrencies. Since the beginning of the Bitcoin economic revolution (BTC), by an anonymous character who calls himself Satoshi Nakamoto, who has been witnessing the creation of other digital currencies, in order to improve the system that already contained the Bitcoin, in order to offer improvements in relation to the commissions, platform, usability and justification of the project. So many people have been motivated to the general investment of…
P2P platform in Venezuela. For a few months, Binance added in its P2P system, the inclusion of the local currency of Venezuela, thus allowing it to expand its market throughout South America, and in this country, giving opportunities to all users to have exchange alternatives of their cryptocurrency portfolios in the purchase and sale, through the local currency, in a direct way. We must know what this option consists of, so we can describe P2P (Peer-to-Peer) as a…
BlueWallet now supports PayJoin payments. BlueWallet, a Bitcoin and Lightning mobile application, now supports PayJoin payments (BIP 78), a process for mixing inputs to increase the confidentiality of on-chain transactions . The Pay-to-EndPoint (P2EP) payment protocol, allowing PayJoin transactions , had already been implemented on BTCPay Server in April 2020. This will definitely bring more usability (adoption) and reliability to the Lightning Network.
Prosecuted by US justice, three BitMEX executives resign. Three BitMEX executives, including the CEO, are being sued by the United States. They all just quit as the exchange tries to reassure its customers. Faced with the risk of closure, they transfer their bitcoins to other exchanges. Samuel Reed, the CTO, has been arrested. The latter has since announced that he is stepping down from his management position. But this is also the case of Arthur Hayes, CEO of BitMEX, also…
Uncertainty in the cryptocurrency market. For many days, the cryptocurrency market in general, has suffered a significant drop in its values, for some it is an opportunity to invest more in different digital assets, but for many it has been a cause for panic, for witnessing that their investment has come decreasing to much lower figures, thus causing much fear and uncertainty in the face of what may happen in the next days, weeks or months. With regards to that uncertain…
Sell digital content with the Lightning Network. LNPay.co, which develops tools to democratize the use of the Lightning Network, offers a paid access lock (a “paywall” ) that is very easy to implement. The principle is simple: the user clicks on the link created by the seller, is directed to a Lightning QR payment code and then accesses the digital content (web page, file, image, etc.) after having sent the requested satoshis. On the seller side, an account created in two…
The next version of Bitcoin Core will support the new Tor addresses. The BIP * 155 , which incorporates V3 addresses from the Tor network, has joined the benchmark implementation of Bitcoin. It will be active in version 0.21 of Bitcoin Core which will be released "probably in December" 2020. The Tor network, which is based on open source software, enables anonymous communication over the Internet. In July, its developers announced that the V2 addresses of the network -…
Satoshi becomes a cruise ship. This oversized project was started by Ocean Builders , a company that also creates floating homes. The 245-meter-long ship built in 1990 was recently bought from a major cruise line and renamed MS Satoshi , in homage to Bitcoin (BTC) creator Satoshi Nakamoto. The MS Satoshi has 777 cabins and can accommodate up to 2,020 people, in addition to the 660 crew members. Very complete, the ship includes three restaurants, two cafes, three bars, two…
Lightning Release 0.4.2 Acinq has just announced the release of Eclair 0.4.2 , its implementation of the Lightning Network . This new version fixes some bugs and introduces several improvements. It thus opens up new possibilities for plugin developers, integrates Keysend, which allows payment to be sent to a node from its ID without this node having to generate a payment request (push transaction), and supports, As an experiment, anchor outputs * allowing channel…
A vulnerability in versions 0.10.x and lower of LND Conner Fromknecht, head of crypto engineering at Lightning Labs, reported early this week the discovery of a vulnerability in versions 0.10.x and lower of LND, Lightning Labs' Lightning Network implementation. He insisted that users who are using this implementation are strongly recommend to upgrade to version 0.11.0 without delay. He continued to assert that, they are informing the Lightning community of vulnerabilities…
Ledger Live now allows cryptocurrency swap via Changelly. Ledger yesterday announced a new feature of its Ledger Live application, available for the Ledger Nano S and the Ledger Nano X: the cryptocurrency swap. Ledger Swap is based on the API of the Changelly platform and allows the exchange of 50 cryptocurrencies. With Ledger Swap, you can trade cryptocurrency on Ledger Live, easily and securely. It's as easy as sending a transaction and requires no address verification…
OECD publishes report on taxation of cryptocurrencies around the world. As part of the 4th meeting of finance ministers and central bank governors of the G20, the OECD yesterday presented a report on the tax treatment of cryptocurrencies around the world. The rapporteurs looked at all aspects of the taxation of cryptocurrencies in more than fifty jurisdictions. If it thus appears that the capital gains from the sale of cryptocurrencies are generally subject to tax, it is at…
Schnorr, Taproot and Tapscript integrate Bitcoin code. The signatures of Schnorr ( BIP 340 ), Taproot ( BIP 341 ) and Tapscript ( BIP 342 ) have today integrated the code of Bitcoin Core, the reference implementation of the Bitcoin protocol. The next version of the software could be released in December but the mechanism for activating the three BIP * has not yet been decided. The signatures of Schnorr and Taproot, are the most significant improvements made to Bitcoin since…
Citadel Vault, protective case for hardware wallet. New addition to the list of establishments that accept bitcoins: Citadel Vault, protective case for hardware wallet and other electronic devices. The Citadel Vault was designed to be the vault of the 21st century. Indeed, it makes it possible to guarantee the physical integrity of electronic devices that contain the new types of assets: personal data, sensitive digital files as well as crypto-assets. The product has been…
Ledger Sat Stack: a bridge between Bitcoin Core and your Ledger Wallet. Announced by Pascal Gauthier during the Surfin' Bitcoin Conference, Ledger Sat Stack is a Go application (in alpha version) serving as a bridge between the Ledger Live application and Bitcoin Core. Ledger Sat Stack allows experienced users with their own Bitcoin node to further increase the confidentiality of their transactions by using their Ledger Wallet without depending on Ledger's infrastructure and…
Namecheap.com adopts BTCpayServer. New addition to the list of additions that accept bitcoin payments: namecheap.com, domain name registrar. Namecheap.com, which until now relied on Bitpay services, now uses the solution offered by BTCpayServer, an open source payment processor that will also (this is the next step) allow it to accept Lightning payments.
LEDGER - Please note, a phishing campaign is underway. We know, Ledger sells secure keys to store your cryptocurrencies. A few months ago, they had their site hacked and the personal data of their customers stolen. Email, phone number, first and last name were stolen. But rest assured, the encryption keys giving access to our cryptocurrencies are and remain secure on our keys. However, the attackers launched a campaign this evening to recover the encryption keys of our…
Bisq integrates Segwit. The Bisq decentralized exchange network now allows its users to send and receive funds on Bech32 (Segwit) addresses. Founded by Manfred Karrer in 2014, Bisq is not a centralized web platform but software and a peer-to-peer network allowing the exchange, without trusted third parties, of bitcoins for a large number of fiat currencies. During an exchange, bitcoins are held on 2 out of 3 multi-signature addresses (in the event of a dispute incorporating…
A bitcoin mining farm in the Arctic Circle. The Bitcluster company announced on October 14 the start of the world's northernmost bitcoin mining farm. Located on the Taimyr Peninsula (Norilsk industrial region) in the Arctic Circle, the “BitCluster North” facility currently only has 150 Antminers S19, but the company plans to triple its power next year. Bitcluster intends to take advantage of both the freezing climate (down to -60 ° in winter), which prolongs the life of the…
Bitcoin beyond 11,000 Euros. Bitcoin, up nearly 23% in one month, has now exceeded 11,000 Euros . + 3.5% in 24 hours + 13% in one week + 23% in one month + 60% in one year In Brazil, Turkey, Argentina, Sudan, Angola, Venezuela and Zambia bitcoin has already broken its record at the end of 2017.
Ledger customers targeted by new phishing attack. Using data that leaked last July, a personalized invitation was sent to some Ledger customers . Presented with a security alert, the message asks to download an update to Ledger Live to guard against malware. It's highly responsible not to download this program. This is obviously a phishing attack that directly targets our 24 recovery words. In general, we should never give these words to anyone, even if the request seems to…
The math of Bitcoin: SHA-256. A cryptographic hash function is a special type of function that takes an input string of a given length and converts it to a fixed-length alphanumeric string. In the case of Bitcoin, the input is a “message” and the output is a “hash” produced by a hash function, known as SHA-256 (Secure Hashing Algorithm 256). This means that regardless of the length of the data string (within the limit of 2²⁵⁶- 1 bits), the output will always be 256 bits…
A transaction of 88,857 bitcoins. A transaction of 88,857 bitcoins , a value close to one billion euros, was carried out yesterday afternoon. It is attributed to the Xapo platform which will only have disbursed 27,847 satoshis, or barely more than 3 euros, in transaction fees. Half of this amount would, however, have made it possible to effect this transfer without further delay. If this is not the biggest transaction in history. On April 10, 2020, Bitfinex had transferred…