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Financial Crimes Enforcement Network Head: Crypto Exchanges Must Verify Identities

In a conference hosted by the blockchain analysis company Chainalysis, the Director of Financial Crimes Enforcement Network (FinCEN) Kenneth Blanco stated that the U.S government will be observing a strict implementation of the “Travel Rule.”According to the “travel rule,” any entity engaging in cryptocurrency exchange is required to share their

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Celsius Network Reports Over $4 Billion in Cryptocurrency Loans

Celsius Network, a prominent global digital currency platform, has announced in a press release that it has reached a $4.2 billion mark for cryptocurrency loan organization, a $450 million figure for deposits and more than $5 million in interest income for the company’s depositors.The numbers disclosed were announced on November

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Lightning Network Will Drive Bitcoin to $250,000 by 2023 — Tim Draper

Bitcoin (BTC) could be worth millions of dollars after 2022 as payment processors allow easier transactions, Tim Draper has forecast. Speaking during a Q&A session at the Malta AI & Blockchain Summit last week, the pro-cryptocurrency venture capitalist said innovations such as the Lightning Network would be key in propelling

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Fortnite Meets Bitcoin Lightning Network in New ‘Lightnite’ Video Game

Bitcoin-enabled (BTC) games startup Satoshis Games announced the development of a Fortnite-like game with built-in Lightning Network microtransactions dubbed Lightnite on Oct. 19.Shoot to earn BitcoinPer the announcement, all in-game interactions between players trigger a monetary reward or penalty for the user. Satoshis Games provides some examples:“In simple words,

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ACINQ Unveils Its ‘2nd Generation’ Bitcoin Lightning Network Wallet

French Bitcoin (BTC) Lightning Network (LN) implementation developer ACINQ introduced its second-generation Lightning Network wallet, Phoenix, via Twitter, on Oct. 18. A video accompanying the post demonstrates a number of wallet functions, all accessed via a user-friendly interface.From setup to receiving and making payments in under a minuteFrom a

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Steady Bitcoin Lightning Network Development Strengthened by Electrum and Muun

Electrum, a popular Bitcoin wallet announced on Monday, October 14, that its new version would support the Lightning Network. In addition, the Buenos Aires-based bitcoin wallet startup Muun has announced the release of its wallet which aims to provide a seamless experience for Bitcoin and Lightning Network iOS users. The Lightning

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