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Lightning Network User Confused By Protocol: Lost 30,000 USD


The Lightning Network has long been touted by its proponents as a speedy, low-cost solution to Bitcoin’s scaling issues. A series of security scares and UX issues have called that vision into question however. The latest LN slip-up saw a user lose 4 BTC in one fell swoop. Also read: Hidden...

Market Outlook: Crypto Prices Hold Steady but Face a Crucial Turning Point


After sitting around $257 billion, the cryptocurrency market lost $35 billion in less than 30 minutes on September 24. Since then, many digital assets have found new support, but bears have started to claw away at these areas. Most cryptocurrencies are testing their weekly support trendline that...

Global Crisis Looms as IMF Report Cites Its Own Policy as Dangerous


In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics. Not lost on some economists, however, is the irony that...

200,000 People Have Signed Ross Ulbricht’s Clemency Petition


Ross Ulbricht is forced to spend the rest of his life in prison, and October 1 marked the beginning of his seventh year behind bars. Ulbricht has recently authored a letter explaining that he’s “forgotten what freedom actually feels like” and he’s also realized that he lost...

Market Update: Low Volumes and Uncertainty Shake Crypto Traders


The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only...

Browser Engine Diversity


We lost Opera when they went Chrome in 2013. Same deal with Edge when it also went Chrome earlier this year. Mike Taylor called these changes a "Decreasingly Diverse Browser Engine World" in a talk I'd like to see. So all we've got left is Chrome-stuff, Firefox-stuff, and Safari-stuff. Chrome...

Market Update: Prices Drop as Crypto Sentiment Enters the Fear Zone


Cryptocurrency markets fell hard on August 21 following the $700 price drop bitcoin core (BTC) saw during the early morning trading sessions. Most digital assets have lost 2-8% in value as the overall market valuation of all 2,000+ coins has plunged to $263 billion. Crypto price movements have been...

'Learn From My Mistakes,' Says BBC Reporter Who Lost GBP 25K in Crypto


Monty Munford. Source: Twitter, @montymunford The Cryptoverse witnessed yet another story of man meets crypto, man buys crypto, man makes a single mistake, crypto gets stolen. Monty Munford, reporter for BBC, the Economist and the founder of tech consultancy MOB76 shared with the world in...

Ripple Gives Away USD 263M in XRP that Lost 27% of its Value this Year


Source: iStock/isa_ozdere Xpring, Ripple’s investment vehicle, said it made a XRP 1 billion (USD 263 million) grant to the in-browser payment processing startup Coil. The goal of this grant is two-fold: drive the adoption of XRP and improve Coil’s business model so to enable the creators...

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