Writen by BitMEX Grantee Rene Pickhardt Abstract: Valves are an important tool for flow control in fluid or gas networks. We investigate the possibilities to set up valves on the Lightning Network to improve flow control and reduce expected payment failure rates. We show that good asymmetric choices for `htlc_maximum_msat` on a channel can reduce...Read More
The Brazilian authorities reportedly ordered Glaidson Acácio dos Santos (known as “Bitcoin Pharaoh”) to deposit 19 billion BRL (nearly $3.7 billion) in court. This sum will be transferred to more than 122,000 investors and creditors who have become victims of his fraudulent cryptocurrency scheme. Last year, the Brazilian Federal police organized a special mission called...Read More
The authorities of Colorado announced that state residents can now pay their taxes in cryptocurrencies instead of fiat. Among the supported digital assets are the two biggest by market capitalization – Bitcoin (BTC) and Ether (ETH). Still, Colorado’s Revenue Department is not allowed to accept direct crypto payments, which is why it partnered with PayPal,...Read More
We have identified the root cause of the issue that caused connectivity problems in our systems, including intermittent access on API, Web and Mobile – as well as delays in Mark Price updates and processing withdrawals and deposits. Our Engineering team implemented a fix, and our platform went back online at approximately 16:25 UTC –...Read More
The controversial crypto gambling sessions anchored by Twitch celebrities and live-streamed to their followers will be banned effective October 16, Twitch said in a statement. It mentioned that Stake.com, Rollbit.com, Duelbits.com, and Roobet.com, the most notable crypto gambling sites using its platform, will no longer be able to use it to stream their activities. Going forward,...Read More
Cardano’s Vasil hard fork is arguably one of the most highly-anticipated upgrades for the network. The parent organization behind the platform – Input Output – took it to Twitter today to reveal everything users need to know about it and also confirmed that it will take place tomorrow – September 22nd. What is the Vasil...Read More
The rising popularity of cryptocurrency and blockchain technology has brought about a slew of new businesses. More people are now buying and selling virtual currencies and building businesses on top of these networks. This trend has also reached online gambling, with more operators implementing cryptocurrency payment options. Consequently, it is fair to say that the...Read More
Ethereum layer-2 protocol Boba Network has announced the launch of its L2 scaling and augmenting solution on the Avalanche blockchain. In a press release shared with CryptoPotato on Wednesday, Boba noted that the latest integration with Avalanche would further boost its status as a leading L2 scaling solution and provide developers network with a new low-cost...Read More
A quick update that we will be putting the BitMEX platform into maintenance mode today, on 21 September, at 13:05 UTC to investigate and fix an ongoing issue related to our computing platform that is causing connectivity problems in our systems – including intermittent access on API, Web, and Mobile, as well as delays in...Read More
Starting today, developers have free and instant blockchain API access with Node by Coinbase Cloud TL;DR: Coinbase Cloud enables web3 developers to build their web3 applications with instant and reliable read/write blockchain access using Node. By Luv Kothari, Group Product Manager, Coinbase Cloud; Sriram Raman, Product Manager, Coinbase Cloud Web3 development is complex. One needs...Read More
EOS managed to raise $4.2 billion in its year-long ICO back in 2018. Despite a very hyped start, the project had a rather bumpy ride. After edging close to dissolution, EOS has finally declared “independence.” According to the press release shared with CryptoPotato, EOS block producers have executed a coordinated hard fork to Leap 3.1....Read More
[PRESS RELEASE – Please Read Disclaimer] Bitsgap, Top-3 Trading Bitcoin and Cryptocurrency Automation Platform (according to SimilarWeb), is happy to present its latest upgrades. This September, Bitsgap introduced four more languages on its website, a fully functional web application, data from 27 indicators in one quick look, an annual subscription, and Binance Fast API Connect....Read More
The lawsuit filed in 2019, which claims crypto exchange Bitfinex and its sister company Tether manipulated the crypto market to issue USDT to inflate Bitcoin’s price, has taken a new turn. United States District Court for the Southern District of New York has now ordered stablecoin issuer Tether to produce financial records of USDT to...Read More
[PRESS RELEASE – Singapore, Singapore, 20th September 2022] LongHash Ventures, Asia’s first Web3 Accelerator and one of Asia’s leading Web3 venture funds, today announces its partnership with Axelar, a cross-chain communication network for Web3, to launch the LongHashX Accelerator Cohort 10 Axelar Cohort. Following the success of its inaugural grants initiative, Axelar is joining hands...Read More
Major DeFi lender Maple Finance has launched a capacity pool worth $300 million for Bitcoin mining companies. The development comes despite the sharp decline in BTC’s price and the reduced injection of capital into the mining sector. Maple Opens Up Fully-Collateralized $300 Million Lending Pool According to an announcement on Tuesday (September 20, 2022), the...Read More
Earlier this month, we launched multi-network support for USDT TRC-20. Off the back of that, we’re now extending the USDT networks supported by BitMEX, to include the Solana network. It’s an addition that means users can now deposit and withdraw USDT (SOL), in addition to USDT TRC-20 and USDT ERC-20. What’s more, depending on the...Read More
Cronos’s price has been dropping hard since the asset underwent a rejection at $1.5, a few days back. Despite a huge selling pressure, the price managed to hold the lower support at $1, aiming to rebound & recover at the earliest. Currently trading at $0.1046 Cronos increased by 0.75% in the last 24 hours. Prices...Read More
The world’s largest cryptocurrency exchange – Binance – obtained a minimal viable product (MVP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). The authorization enables the company to start providing a range of digital asset services to qualified retail and institutional investors in the region. Prior to that, Dubai’s watchdogs awarded Binance with a license...Read More
We’re proud to announce that we’re a Title Partner of this year’s TOKEN2049, Asia’s premier crypto event that brings together the global Web3 community. The event will take place at the Marina Bay Sands Expo and Convention Centre in Singapore on 28 and 29 September – during Asia Crypto Week – and if you haven’t...Read More
On September 19, Arbitrum, one of the most popular Layer 2 solutions for Ethereum, paid 400 ETH (about $560,000) to a white hat hacker who found a potential vulnerability in its code. The white hat hacker, known on Twitter as Riptide, finds vulnerabilities within smart contracts written in Solidity. Riptide said the “multi-million dollar vulnerability”...Read More
Jim Messina – one of Barack Obama’s closest advisers during his presidency reign in the USA – has taken an executive role at the popular cryptocurrency platform – BlockhainCom. The veteran politician is responsible for the firm’s government relations and policy strategy. Another American official who transitioned to the world of crypto is Brian Brooks....Read More
