BTCPay Server, an open source payment processor, has updated its app to incorporate features focused on using the Bitcoin Lightning Network. With these new features, it aims to be more prepared for the potential mass adoption of bitcoin (BTC) payment channels in a second layer. BTCPay version 1.6.0, released on Friday, has improvements on the board so that merchants who use the application in their business can see new data about their operations. Many of these changes were requested by the user community. The function that allows you to easily exchange the BTC denomination with the currency that has been…
Author: Crispin Castillo
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Chinese authorities yesterday violently dispersed a peaceful protest by hundreds of depositors seeking unsuccessfully to withdraw their money from banks. And bitcoin (BTC) is back on the scene with thousands of people on Twitter invoking the orange symbol that they consider capable of counteracting the effects of centralization and government decisions. Since April, savers in China have found that the banking agencies of the province of Henan, in the central zone of the country, decided to freeze cash withdrawals. So on Sunday hundreds of depositors gathered outside the Zhengzhou branch of the country’s central bank to launch a new protest…
Key facts: The scalability in Ethereum and other networks occupied part of the presentations of the day. Financials, stablecoins and central bank currencies rounded out the agenda. The Blockchain Summit Latam 2022 closed this afternoon, Friday, July 8, in Panama City. The day’s presentations and workshops covered topics such as Ethereum, decentralized finance (DeFi), scalability across various networks, and web3. The day, a little less hot than the previous ones, began with a main course. In the first talk of the day, Juan David Reyes, Colombian developer member of the Ethereum Foundation, spoke about this network. Among several introductory matters…
Key facts: With the addition of Zhao there are 6 Bitcoin maintainers, but many more contributors. The developer specializes in fee replacement policies and the Bitcoin mempool. Gloria Zhao is the first woman to serve as the maintainer of the Bitcoin code. Zhao now has special permissions to execute changes to the Bitcoin code, after Peter Wuille requested that his be removed days ago. Through a integration request (either pull request) on GitHub, the new status of Gloria Zhao (glozow in networks) in Bitcoin Core was specified. The request reads “add glozow to trusted keys #25524”. It is worth noting…
Key facts: As long as the rate hike continues, the bitcoin bear market will continue, economist believes. He argues that “the Fed is undoing the monetary impulse.” Bitcoin (BTC) is recognized as a hedge against inflation because its value has risen over time, outpacing the rise in prices of products and services. However, it is currently losing this feature, which would return to it after the bear market is over. The economist Ivan Carrino explained that The increase in interest rates in the United States to counteract inflation drives the fall in bitcoin. Likewise, he warns that when these fall,…
November 10, 2021 was a day of great euphoria in the bitcoin and cryptocurrency market. It wasn’t just bitcoin that was skimming $69,000, in what seemed like a triumphant run to $100,000. Also the market capitalization was very close to reaching USD 3 billion. Despite the warnings of some analysts about an imminent deterioration of the stock market and a significant increase in inflation rates, bullish sentiment in the cryptocurrency market was unaffected. However, in 2022, rising inflation and government measures to combat it configured a recession scenario, that dragged the cryptocurrency sector to one of its worst crises. Eight…
Key facts: Compensation is being prepared for those affected by the hacking of the Mt. Gox exchange. If the compensated ones sell their repaid bitcoins, the price of the cryptocurrency could fall. The main cryptocurrency in the market could suffer a price drop if the more than 140,000 bitcoins (BTC) reinstated by the Mt. Gox hack are sold. As of this writing, it is trading at $21,600, having hit its lowest in over a year three weeks ago. This was reported by the analyst Healthy Pockets, given that the lawyer behind the hacking of the Mt. Gox exchange announced that…
The presidential residence of the Asian country Sri Lanka was taken on July 9 by a massive number of inhabitants protesting the national bankruptcy announced this week. The situation has spread a wave of comments on social networks about whether such a scenario would happen in other countries and what would be the role of Bitcoin (BTC). “Most people think that bankruptcy is something that could never happen to them. Yet 1.5 million Americans a year file for bankruptcy. Now imagine that your country does it and you have no control over the events and monetary policy that lead to…
Key facts: The ATM was installed in a popular coffee shop in La Ceiba. It belongs to the company La Bitcoinera, which installed three other ATMs in the country. Honduras already has its fifth bitcoin (BTC) and cryptocurrency automated teller machine, or ATM, up and running. The new ATM is installed in the Avelar’s Coffee store, in the municipality of La Ceiba, in the north of the country. Like the ATMs previously reported by CriptoNoticias, this one is owned by La Bitcoinera, a Honduran venture that describes itself as “the first company to handle the purchase and sale of different…