Recent Updates
Kazakhstan
  • Decentralized Exchange Uniswap (UNI) Now Operating on Coinbase-Backed Layer-2 Base

    Leading decentralized exchange (DEX) Uniswap has been deployed on Base, the new Ethereum layer-2 built by US crypto giant Coinbase.

    Base is powered by the blockchain-scaling solution Optimism (OP), and its testnet first launched in February of this year.

    Announcing the launch of Base support on X, Uniswap Labs says that users can now execute swaps or add liquidity directly on the Base chain from the Uniswap web app.

    “Rumor has it that Base needs a DEX.

    We’re excited to announce that Base is now live on the Uniswap web app.”

    Uniswap is the biggest DEX in the world and by far the most liquid, with over $453 million in volume in the last 24 hours and over 1,700 tradable crypto assets, according to data from CoinGecko.

    Base marks the eighth chain that Uniswap supports.

    Coinbase engineers have designed Base to be compatible with Ethereum, Ethereum layer-2s like Optimism and other alternative layer-1s like Solana (SOL).

    Base is also issuing a non-fungible token (NFT) called the “Genesis Builder NFT” to reward Base’s early developers. To earn the NFT, builders need to deploy a decentralized application (DApp) on Base and complete an on-chain application.

    Coinbase previously noted that it has no plans to issue a new network token.
    Decentralized Exchange Uniswap (UNI) Now Operating on Coinbase-Backed Layer-2 Base Leading decentralized exchange (DEX) Uniswap has been deployed on Base, the new Ethereum layer-2 built by US crypto giant Coinbase. Base is powered by the blockchain-scaling solution Optimism (OP), and its testnet first launched in February of this year. Announcing the launch of Base support on X, Uniswap Labs says that users can now execute swaps or add liquidity directly on the Base chain from the Uniswap web app. “Rumor has it that Base needs a DEX. We’re excited to announce that Base is now live on the Uniswap web app.” Uniswap is the biggest DEX in the world and by far the most liquid, with over $453 million in volume in the last 24 hours and over 1,700 tradable crypto assets, according to data from CoinGecko. Base marks the eighth chain that Uniswap supports. Coinbase engineers have designed Base to be compatible with Ethereum, Ethereum layer-2s like Optimism and other alternative layer-1s like Solana (SOL). Base is also issuing a non-fungible token (NFT) called the “Genesis Builder NFT” to reward Base’s early developers. To earn the NFT, builders need to deploy a decentralized application (DApp) on Base and complete an on-chain application. Coinbase previously noted that it has no plans to issue a new network token.
    Like
    Love
    2
    0 Comments 0 Shares 2727 Views
  • Ethereum Rival Solana Catches Eye of Big Players As Institutions Take Bitcoin Profits: CoinShares

    Digital assets manager CoinShares says institutional investors are becoming more optimistic about the Ethereum (ETH) competitor Solana (SOL) while they collect profits on king crypto Bitcoin (BTC).

    In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets saw outflows of over $100 million last week, marking the third week of outflows in a row.

    “Digital asset investment products saw outflows this week, totaling US$107m with profit taking gathering pace in recent weeks.” (Photo 2)

    According to CoinShares, BTC suffered the lion’s share of the outflows.

    “Bitcoin was again the primary focus, seeing outflows totaling US$111m, the largest weekly outflows since March, when US regulatory scrutiny began escalating. For the first time in 14 weeks, the outflows into short bitcoin have stopped.”

    Between just Ethereum and Bitcoin combined, the markets suffered $117 million in outflows last week. However, altcoin inflows totaled approximately $10 million last week, bringing the net outflows to $107 million.

    “Altcoins sentiment seems to be improving though and offset the outflows in Bitcoin and Ethereum. Solana saw the largest inflows, totaling US$9.5m, the largest single week of inflows since March 2022.”

    While SOL enjoyed inflows of nearly $10 million, XRP and Litecoin (LTC) took in inflows of $0.5 and $0.46 million, respectively. Meanwhile, Uniswap (UNI) and Cardano (ADA) saw outflows of $0.8 and $0.3 million, respectively.

    Multi-asset investment products, those investing in more than one crypto asset, also saw inflows of $0.3 million last week. CoinShares suggests the altcoin inflows suggest investor sentiment on altcoins is improving.
    Ethereum Rival Solana Catches Eye of Big Players As Institutions Take Bitcoin Profits: CoinShares Digital assets manager CoinShares says institutional investors are becoming more optimistic about the Ethereum (ETH) competitor Solana (SOL) while they collect profits on king crypto Bitcoin (BTC). In its latest Digital Asset Fund Flows Weekly Report, CoinShares finds that digital assets saw outflows of over $100 million last week, marking the third week of outflows in a row. “Digital asset investment products saw outflows this week, totaling US$107m with profit taking gathering pace in recent weeks.” (Photo 2) According to CoinShares, BTC suffered the lion’s share of the outflows. “Bitcoin was again the primary focus, seeing outflows totaling US$111m, the largest weekly outflows since March, when US regulatory scrutiny began escalating. For the first time in 14 weeks, the outflows into short bitcoin have stopped.” Between just Ethereum and Bitcoin combined, the markets suffered $117 million in outflows last week. However, altcoin inflows totaled approximately $10 million last week, bringing the net outflows to $107 million. “Altcoins sentiment seems to be improving though and offset the outflows in Bitcoin and Ethereum. Solana saw the largest inflows, totaling US$9.5m, the largest single week of inflows since March 2022.” While SOL enjoyed inflows of nearly $10 million, XRP and Litecoin (LTC) took in inflows of $0.5 and $0.46 million, respectively. Meanwhile, Uniswap (UNI) and Cardano (ADA) saw outflows of $0.8 and $0.3 million, respectively. Multi-asset investment products, those investing in more than one crypto asset, also saw inflows of $0.3 million last week. CoinShares suggests the altcoin inflows suggest investor sentiment on altcoins is improving.
    Love
    2
    0 Comments 0 Shares 2464 Views
  • Analyst Issues Shiba Inu Warning, Predicts Imminent SHIB Correction Following Latest Rally

    A closely followed analyst says that Shiba Inu’s (SHIB) latest rally could be a setup to trap bulls wanting to long the memecoin.

    Pseudonymous analyst Cheds tells his 311,700 Twitter followers that Shiba Inu is currently witnessing a surge within a macro downtrend.

    According to the analyst, the rally will likely trap SHIB bulls who are expecting the top memecoin to reverse its trend and ignite an isolated bull run.

    “SHIB strong bounce in a strong downtrend. May be setting up for a short here soon.”

    Cheds says that bulls are starting to show signs of exhaustion after potentially printing a blow-off top on the four-hour chart. He also says that his bearish stance will be invalidated if SHIB rallies above $0.00001075.

    Shiba Inu is currently in the midst of a strong upward move after printing its 2023 low of around $0.0000054 in June. At time of writing, the Dogecoin (DOGE) competitor is worth 0.00001013, up over 14% in the last 24 hours.

    Looking at Bitcoin (BTC), Cheds says that the crypto king may have already printed a local bottom after falling to around $28,600.

    “BTC students should note that (the August 1st) low of $28,612 should be enough to satisfy the initial call for a mean reversion.

    Going forward, consider it a throwback which now adds importance to that price zone.” (Photo 2)

    Late last month, Cheds predicted that Bitcoin would fall to the $28,500 range before ending its corrective period. The analyst also said that BTC will likely go on a slow grind-up after hitting his downside target.

    At time of writing, Bitcoin is worth $29,089.
    Analyst Issues Shiba Inu Warning, Predicts Imminent SHIB Correction Following Latest Rally A closely followed analyst says that Shiba Inu’s (SHIB) latest rally could be a setup to trap bulls wanting to long the memecoin. Pseudonymous analyst Cheds tells his 311,700 Twitter followers that Shiba Inu is currently witnessing a surge within a macro downtrend. According to the analyst, the rally will likely trap SHIB bulls who are expecting the top memecoin to reverse its trend and ignite an isolated bull run. “SHIB strong bounce in a strong downtrend. May be setting up for a short here soon.” Cheds says that bulls are starting to show signs of exhaustion after potentially printing a blow-off top on the four-hour chart. He also says that his bearish stance will be invalidated if SHIB rallies above $0.00001075. Shiba Inu is currently in the midst of a strong upward move after printing its 2023 low of around $0.0000054 in June. At time of writing, the Dogecoin (DOGE) competitor is worth 0.00001013, up over 14% in the last 24 hours. Looking at Bitcoin (BTC), Cheds says that the crypto king may have already printed a local bottom after falling to around $28,600. “BTC students should note that (the August 1st) low of $28,612 should be enough to satisfy the initial call for a mean reversion. Going forward, consider it a throwback which now adds importance to that price zone.” (Photo 2) Late last month, Cheds predicted that Bitcoin would fall to the $28,500 range before ending its corrective period. The analyst also said that BTC will likely go on a slow grind-up after hitting his downside target. At time of writing, Bitcoin is worth $29,089.
    Love
    Like
    3
    0 Comments 0 Shares 2087 Views
  • ‘Lots To Look Forward To’ With Bitcoin Courtesy of Two Massive Catalysts, Says Top Crypto Trader

    Two catalysts could serve as a tailwind for Bitcoin (BTC) over the coming months, according to a widely followed crypto trader.

    The pseudonymous analyst Pentoshi tells his 700,800 Twitter followers that the Bitcoin halving event and the potential approval of a spot BTC exchange-traded fund (ETF) in the US offer a “lot to look forward to,” especially after enduring an adverse market environment.

    Pentoshi, however, says “difficult” times lie ahead over the short term.

    “We survived FTX, exploits, stablecoin depegs, everything going to 0. Nothing was safe. And it will happen again when the market needs to deleverage.

    However:

    Price-based capitulation [is done].

    Time-based [capitulation is] almost done.

    So close and so far away.

    There is a lot to look forward to. By the time the halving comes, we will also have a Bitcoin spot ETF. Two great catalysts.

    Don’t lose sight of the bigger picture in the lower time frames. We still have a somewhat-difficult time ahead short term. But there is a lot of light at the end of the tunnel.”

    In price-based capitulation, which is characterized by panic selling and high trading volumes, an asset drops to a price that most investors are willing to offload regardless of the long-term outlook.

    In time-based capitulation, which is typically considered a sign of a bottom forming, an asset’s price falls or consolidates in a range for an extended period without signaling any major trend.

    At time of writing, Bitcoin is trading for $29,162.
    ‘Lots To Look Forward To’ With Bitcoin Courtesy of Two Massive Catalysts, Says Top Crypto Trader Two catalysts could serve as a tailwind for Bitcoin (BTC) over the coming months, according to a widely followed crypto trader. The pseudonymous analyst Pentoshi tells his 700,800 Twitter followers that the Bitcoin halving event and the potential approval of a spot BTC exchange-traded fund (ETF) in the US offer a “lot to look forward to,” especially after enduring an adverse market environment. Pentoshi, however, says “difficult” times lie ahead over the short term. “We survived FTX, exploits, stablecoin depegs, everything going to 0. Nothing was safe. And it will happen again when the market needs to deleverage. However: Price-based capitulation [is done]. Time-based [capitulation is] almost done. So close and so far away. There is a lot to look forward to. By the time the halving comes, we will also have a Bitcoin spot ETF. Two great catalysts. Don’t lose sight of the bigger picture in the lower time frames. We still have a somewhat-difficult time ahead short term. But there is a lot of light at the end of the tunnel.” In price-based capitulation, which is characterized by panic selling and high trading volumes, an asset drops to a price that most investors are willing to offload regardless of the long-term outlook. In time-based capitulation, which is typically considered a sign of a bottom forming, an asset’s price falls or consolidates in a range for an extended period without signaling any major trend. At time of writing, Bitcoin is trading for $29,162.
    Like
    Love
    2
    0 Comments 0 Shares 2549 Views
  • Short Squeeze In Sight for DeFi Altcoin That Suffered $41 Million Exploit, According to Crypto Analyst

    A widely followed crypto strategist says a short squeeze could materialize for an altcoin project that just suffered a $41 million hack.

    Pseudonymous analyst Credible Crypto tells his 343,200 Twitter followers that Curve (CRV) is experiencing a massive amount of short interest.

    However, the analyst says that if the native token on the decentralized finance (DeFi) Curve platform does not soon move further down from its current value it may trigger a short squeeze.

    A short squeeze happens when traders who borrow an asset at a certain price in hopes of selling it for lower to pocket the difference are forced to buy back the assets they borrowed as momentum moves against them, triggering further rallies.

    “Also worth noting the massive increase in shorts down at these levels. While another swing down seems like the obvious move to me (and clearly many others) the high short interest here could facilitate a squeeze in the opposite direction if we don’t move down soon. The next couple of days will be interesting to say the least.” (Photo 2)

    According to the trader, CRV could decline from its current value at time of writing of $0.59 to $0.49, a 17% decrease. He uses the Elliott Wave theory, which states that the main trend of the price action of an asset occurs in a five-wave pattern to arrive at his bottom price target.

    “While the dust may be starting to settle on the recent CRV events, we are still waiting on a couple of wild cards that need to be addressed before we can go back to focusing exclus
    ively on the charts. These issues are probably addressed in the next 48-72 hours.

    In the meantime and from a purely technical perspective, I don’t think our drop is done yet. If we can get back above the RED ZONE and point of breakdown (POB) then it likely is, but until then I expect that this move down is not yet complete – and looking for a push into the GREEN zone below for now. This is the same zone I highlighted in my prior chart about a month ago – so the levels haven’t changed. Let’s see how things develop over the next couple days.” (Photo 3)

    Curve said on Sunday that because of a vulnerability with the programming language Vyper 0.2.15, several liquidity pools on the platform were exploited. Users in the affected pools were told to withdraw their funds.

    Blockchain security infrastructure firm BlockSec estimates the hack resulted in a theft of more than $41 million.
    Short Squeeze In Sight for DeFi Altcoin That Suffered $41 Million Exploit, According to Crypto Analyst A widely followed crypto strategist says a short squeeze could materialize for an altcoin project that just suffered a $41 million hack. Pseudonymous analyst Credible Crypto tells his 343,200 Twitter followers that Curve (CRV) is experiencing a massive amount of short interest. However, the analyst says that if the native token on the decentralized finance (DeFi) Curve platform does not soon move further down from its current value it may trigger a short squeeze. A short squeeze happens when traders who borrow an asset at a certain price in hopes of selling it for lower to pocket the difference are forced to buy back the assets they borrowed as momentum moves against them, triggering further rallies. “Also worth noting the massive increase in shorts down at these levels. While another swing down seems like the obvious move to me (and clearly many others) the high short interest here could facilitate a squeeze in the opposite direction if we don’t move down soon. The next couple of days will be interesting to say the least.” (Photo 2) According to the trader, CRV could decline from its current value at time of writing of $0.59 to $0.49, a 17% decrease. He uses the Elliott Wave theory, which states that the main trend of the price action of an asset occurs in a five-wave pattern to arrive at his bottom price target. “While the dust may be starting to settle on the recent CRV events, we are still waiting on a couple of wild cards that need to be addressed before we can go back to focusing exclus ively on the charts. These issues are probably addressed in the next 48-72 hours. In the meantime and from a purely technical perspective, I don’t think our drop is done yet. If we can get back above the RED ZONE and point of breakdown (POB) then it likely is, but until then I expect that this move down is not yet complete – and looking for a push into the GREEN zone below for now. This is the same zone I highlighted in my prior chart about a month ago – so the levels haven’t changed. Let’s see how things develop over the next couple days.” (Photo 3) Curve said on Sunday that because of a vulnerability with the programming language Vyper 0.2.15, several liquidity pools on the platform were exploited. Users in the affected pools were told to withdraw their funds. Blockchain security infrastructure firm BlockSec estimates the hack resulted in a theft of more than $41 million.
    Like
    Love
    3
    1 Comments 0 Shares 2542 Views
  • Trader Who Caught 2023 Crypto Breakout Flips Bearish on Bitcoin, Unveils Worst Scenario for BTC

    A top trader who accurately rode the crypto breakout earlier this year says that Bitcoin (BTC) bulls are no longer in control of the leading digital asset.

    Pseudonymous analyst DonAlt tells his 499,300 Twitter followers that he is now bearish on BTC.

    According to the crypto strategist, it is now within the realm of possibility for BTC to correct all the way down to $20,000 after losing $30,000 as support.

    “Turned from neutral to bearish on the large timeframes here. It’s officially a whatever market again, expecting chop, rug pulls and general shittiness at best until we make it back above $30,000. At worst, I’ll see you at $20,000.” (Photo 2)

    According to DonAlt, $27,000 could act as support for Bitcoin but he’d rather wait for BTC to get back above $30,000.

    “Still watching $30,000 for the first signs that bulls haven’t been neutered but the bulls keep disappointing. $27,000 is support but not good enough for me to blind bid. I’d rather just wait until we get some bull momentum back. As in nothing changed, still bearish.”

    Meanwhile, fellow analyst Credible Crypto remains bullish on Bitcoin even though it is trading below $30,000. The analyst says that ever since Bitcoin bottomed out last year, it has been in a habit of breaking range support levels before igniting on steep rallies.

    “We’ve been repeating the exact same pattern with every single accumulation/consolidation structure since our bottom at $15,000. It’s almost time for the next impulse.” (Photo 3)

    Looking at Credible Crypto’s chart, he appears to predict a Bitcoin rally toward $38,000.

    At time of writing, BTC is trading for $29,765.
    Trader Who Caught 2023 Crypto Breakout Flips Bearish on Bitcoin, Unveils Worst Scenario for BTC A top trader who accurately rode the crypto breakout earlier this year says that Bitcoin (BTC) bulls are no longer in control of the leading digital asset. Pseudonymous analyst DonAlt tells his 499,300 Twitter followers that he is now bearish on BTC. According to the crypto strategist, it is now within the realm of possibility for BTC to correct all the way down to $20,000 after losing $30,000 as support. “Turned from neutral to bearish on the large timeframes here. It’s officially a whatever market again, expecting chop, rug pulls and general shittiness at best until we make it back above $30,000. At worst, I’ll see you at $20,000.” (Photo 2) According to DonAlt, $27,000 could act as support for Bitcoin but he’d rather wait for BTC to get back above $30,000. “Still watching $30,000 for the first signs that bulls haven’t been neutered but the bulls keep disappointing. $27,000 is support but not good enough for me to blind bid. I’d rather just wait until we get some bull momentum back. As in nothing changed, still bearish.” Meanwhile, fellow analyst Credible Crypto remains bullish on Bitcoin even though it is trading below $30,000. The analyst says that ever since Bitcoin bottomed out last year, it has been in a habit of breaking range support levels before igniting on steep rallies. “We’ve been repeating the exact same pattern with every single accumulation/consolidation structure since our bottom at $15,000. It’s almost time for the next impulse.” (Photo 3) Looking at Credible Crypto’s chart, he appears to predict a Bitcoin rally toward $38,000. At time of writing, BTC is trading for $29,765.
    Like
    Love
    Yay
    3
    1 Comments 0 Shares 1875 Views
  • Billionaire Mike Novogratz Flips Bullish on Worldcoin, Says Bad Idea To Defy Sam Altman’s Crypto Project: Report

    Billionaire Mike Novogratz is reportedly seeing the bullish potential of Worldcoin (WLD), a privacy-focused, artificial intelligence-based altcoin created by Sam Altman, the chief executive of OpenAI.

    According to a new report by Bloomberg, the CEO of Galaxy Investment Partners says that he believes Worldcoin, which launched last week, will see its price rise due to the current hype centered around artificial intelligence.

    “You don’t want to bet against Sam Altman right now. I think the price potentially can go a lot higher because there’s an AI hype cycle.”

    Worldcoin, which uses iris-scanning technology, is trading for $2.30 at time of writing, a 6% decrease during the last 24 hours.

    Novogratz went on to praise BlackRock CEO Larry Fink for his efforts in attempting to create a spot market Bitcoin (BTC) exchange-traded fund (ETF), saying that the chief executive is the “most important” thing that’s happened to the flagship digital asset this year.

    According to the billionaire, Fink switching his stance on Bitcoin, deeming it an “international asset” and pursuing a BTC ETF could spark a new wave of investment into the top crypto asset by market cap.

    “He got ‘orange-pilled,’ as we say. Orange pill is when you take a nonbeliever and you make them a believer in Bitcoin. Larry was a nonbeliever. Now he says, ‘Hey, this is going to be a global currency.’ People around the world all trust it.”

    Earlier this year, BlackRock filed a bid to create a BTC ETF, which would allow investors to get Bitcoin exposure without holding the crypto asset itself. It has yet to be officially approved or rejected.
    Billionaire Mike Novogratz Flips Bullish on Worldcoin, Says Bad Idea To Defy Sam Altman’s Crypto Project: Report Billionaire Mike Novogratz is reportedly seeing the bullish potential of Worldcoin (WLD), a privacy-focused, artificial intelligence-based altcoin created by Sam Altman, the chief executive of OpenAI. According to a new report by Bloomberg, the CEO of Galaxy Investment Partners says that he believes Worldcoin, which launched last week, will see its price rise due to the current hype centered around artificial intelligence. “You don’t want to bet against Sam Altman right now. I think the price potentially can go a lot higher because there’s an AI hype cycle.” Worldcoin, which uses iris-scanning technology, is trading for $2.30 at time of writing, a 6% decrease during the last 24 hours. Novogratz went on to praise BlackRock CEO Larry Fink for his efforts in attempting to create a spot market Bitcoin (BTC) exchange-traded fund (ETF), saying that the chief executive is the “most important” thing that’s happened to the flagship digital asset this year. According to the billionaire, Fink switching his stance on Bitcoin, deeming it an “international asset” and pursuing a BTC ETF could spark a new wave of investment into the top crypto asset by market cap. “He got ‘orange-pilled,’ as we say. Orange pill is when you take a nonbeliever and you make them a believer in Bitcoin. Larry was a nonbeliever. Now he says, ‘Hey, this is going to be a global currency.’ People around the world all trust it.” Earlier this year, BlackRock filed a bid to create a BTC ETF, which would allow investors to get Bitcoin exposure without holding the crypto asset itself. It has yet to be officially approved or rejected.
    Like
    Love
    2
    0 Comments 0 Shares 2579 Views
  • Santiment: Litecoin trading volume up 48.5% ahead of halving

    Litecoin's upcoming halving, scheduled for August 2, 2023, has sparked a surge in activity among Litecoin holders. Last week, LTC trading volume increased by 48.5% from $377 million to $560 million per day. This rise in network activity pushed the cryptocurrency above $96, but it needs stronger support to reach $100.

    Santiment analysts also noted a significant increase in new addresses on the Litecoin network, with over 650,000 new wallets registered recently. Additionally, the hashrate has been steadily increasing, reaching over 770 Th/s on July 30, compared to 667.447 Th/s on July 28.
    Santiment: Litecoin trading volume up 48.5% ahead of halving Litecoin's upcoming halving, scheduled for August 2, 2023, has sparked a surge in activity among Litecoin holders. Last week, LTC trading volume increased by 48.5% from $377 million to $560 million per day. This rise in network activity pushed the cryptocurrency above $96, but it needs stronger support to reach $100. Santiment analysts also noted a significant increase in new addresses on the Litecoin network, with over 650,000 new wallets registered recently. Additionally, the hashrate has been steadily increasing, reaching over 770 Th/s on July 30, compared to 667.447 Th/s on July 28.
    Like
    Love
    2
    0 Comments 0 Shares 1174 Views
  • Arthur Hayes believes AI will revolutionise the DAO organisation

    Arthur Hayes, ex-CEO of BitMEX, foresees AI-powered DAOs revolutionizing economic organization. Traditional structures are inadequate for AI-driven entities, relying on human ethics and government contracts.

    AI-based DAOs function autonomously, independent of state laws or human involvement. Using smart contracts on Ethereum, they offer global services and token trading, bypassing intermediaries.

    Hayes predicts a trillion-dollar AI economy in a decade, boosting native token demand and value.
    Arthur Hayes believes AI will revolutionise the DAO organisation Arthur Hayes, ex-CEO of BitMEX, foresees AI-powered DAOs revolutionizing economic organization. Traditional structures are inadequate for AI-driven entities, relying on human ethics and government contracts. AI-based DAOs function autonomously, independent of state laws or human involvement. Using smart contracts on Ethereum, they offer global services and token trading, bypassing intermediaries. Hayes predicts a trillion-dollar AI economy in a decade, boosting native token demand and value.
    Like
    Love
    2
    0 Comments 0 Shares 1358 Views
  • Jack Dorsey Urges Coinbase to Integrate Lightning Network

    Twitter co-founder, Jack Dorsey, has expressed his confusion over Coinbase CEO Brian Armstrong's reluctance to embrace bitcoin and the Level 2 scaling solution, Lightning Network. Armstrong recently highlighted Coinbase's initiative to enable instant and free global payments, but failed to mention bitcoin or Lightning Network. Dorsey questioned Armstrong's omission, emphasizing the potential of Lightning Network to improve the global payments infrastructure.

    Despite expressing interest in Lightning Network earlier this year, Coinbase has yet to take any steps towards integration.
    Jack Dorsey Urges Coinbase to Integrate Lightning Network Twitter co-founder, Jack Dorsey, has expressed his confusion over Coinbase CEO Brian Armstrong's reluctance to embrace bitcoin and the Level 2 scaling solution, Lightning Network. Armstrong recently highlighted Coinbase's initiative to enable instant and free global payments, but failed to mention bitcoin or Lightning Network. Dorsey questioned Armstrong's omission, emphasizing the potential of Lightning Network to improve the global payments infrastructure. Despite expressing interest in Lightning Network earlier this year, Coinbase has yet to take any steps towards integration.
    Love
    1
    0 Comments 0 Shares 1120 Views
More Stories