Electrum Botnet Steals $4.6 Million in Bitcoin, Cryptocurrencies

The botnet attacking Electrum has grown to 152,000 infected computers and has now stolen $4.6 million in cryptocurrencies such as Bitcoin, according to Malwarebytes. Malwarebytes states that it has been “closely monitoring” the attack against the Electrum Bitcoin wallet. The company states how the botnet came to fruition, stating: “Victims were being tricked to download […]

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Bitcoin Goes Mainstream As Miss Universe Receives Lightning Torch

Bitcoin adoption took a step in a new direction this weekend after a former Miss Universe contestant joined the Lightning Torch transaction relay. Rosa-Maria Ryyti HODLs Lightning Torch In what appears to be an unexpected choice, Jeremias Kangas, founder of P2P trading platform Localbitcoins, opted to pass the Torch outside the cryptocurrency community – to […]

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Making ATM Bitcoin Payments via Lightning Network Is Becoming a Reality

Developer and researcher Felix Weis successfully executed, as a proof-of-concept, the world’s first ATM Bitcoin transaction on the Lightning Network. World’s First Lightning-enabled Bitcoin ATM ‘Worked Fine’ On March 31, 2019, Weis publicly demonstrated a transaction via Lightning Network at a bitcoin ATM, during the Lightning Hackday, in Hong Kong, as shown in the video […]

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Zebpay Becomes First Exchange to Add Lightning Payments for All Users

App-enabled cryptocurrency exchange and wallet provider, Zebpay, has announced that it is enabling Lightning Network payments for all its users. The best part of the news? Zebpay claim that it will even pay the fees for Lightning transactions made through its wallet. The Inexorable Advance Of Lightning Network Despite its ‘still very much experimental’ nature, Lightning […]

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New Bitcoin Lightning App Scratches Online Content Monetization Itch

A new Bitcoin Lightning app presents an interesting take on the ‘paywall for written content’ concept where users crowdfund ‘scratching off’ one letter at a time. Scratch That Itch Bangkok-based French developer, Guillaume Verbal, unleashed an interesting take on the ‘paywall for written content’ concept this week: a Bitcoin Lightning app where users crowdfund the […]

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Amazon Shares Drop 2.6 Percent As Centralization Alienates Suppliers

Amazon suppliers received a lesson in centralization on March 7 after the e-commerce giant abruptly began canceling huge numbers of orders in a profits push.  Amazon: We ‘Saw Opportunity’ As Bloomberg reported, quoting a statement from Amazon, the company wants to increase returns at the heart of its e-commerce operations. This has involved fundamentally altering […]

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Bitcoin Can’t Be Stopped By Politics – Lightning ‘Torch’ Goes From Iran to Israel

The Lightning Network ‘torch’ payment has reached Israel after it was sent by an Iranian in a symbolic gesture of peace between the two nations. The historic occasion proves that Bitcoin is truly an apolitical and borderless money technology. #LNTrustChain Keeps Growing As reported previously by Bitcoinist, concerns over censorship didn’t stop the #LNTrutChain, otherwise […]

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Bitcoin’s Lightning Torch Global Transaction Hits Iran After Censorship Concerns

The Lightning Torch transaction relay using Bitcoin’ and the Lightning Network has crossed the border to Iran, days after complaints about censorship among participants. Satoshis Over Censorship Lightning Torch, which involves Bitcoin users passing around a transaction on the Lightning Network, adding funds and sending it forward, has gained significant interest since it began its […]

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Major US Retailer Ditches Visa – Now Considering Bitcoin’s Lightning Network

US retail giant, Kroger, is no longer accepting Visa credit cards at its chain of Smith’s food and drug stores. So Anthony Pompliano tweeted an offer to hook them up with Bitcoin’s Lightning Network nationwide. Fees-a Not Accepted Here It all started on Friday when Kroger announced the move to no longer accept Visa credit […]

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A Bitcoin Satellite Just Transmitted the ‘First Pepe In Space’

Cryptocurrency industry figures were celebrating a tech innovation of a different kind this week after the Bitcoin network transmitted what many are calling the first space meme. A Meme To ‘Go Down In History’ The latest first to come from Bitcoin development company Blockstream’s Satellite network, an unknown source sent the developer known as grubles […]

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