Another Research Paper Finds Flaws With the Lightning Network

On November 21, researchers from Hungary and Institute for Computer Science and Control published a critical examination of the Lightning Network, the protocol intended to amend BTC’s scalability issues. The researchers’ simulation findings indicate the Lightning Network is “economically irrational for the majority of the large routing nodes who currently Continue Reading

Bitmain-Backed Cryptocurrency Startup Matrixport to Open Zurich Office

Bitmain-backed Matrixport will extend its trading, lending and custody services in Switzerland through its new Zurich office. Matrixport, a Singapore-based crypto startup launched by former Bitmain CEO Jihan Wu, will expand its services from Asia to Europe through its new Zurich office. Registered under the name of Chaintech in Switzerland, Continue Reading

US CFTC Obtains Over $1.3B in Administrative Penalties in 2019

The U.S. CFTC has obtained over $1.3 billion in administrative penalties in the fiscal year 2019, which included funds collected from cryptocurrency operators. The United States Commodity Futures Trading Commission (CFTC) has obtained over $1.3 billion in administrative penalties in the fiscal year 2019, which included funds collected from cryptocurrency Continue Reading

Travala Partners With Booking.com – 90,000 Crypto Accepting Destinations Added

On Monday, the cryptocurrency-accepting online travel agency and metasearch engine Travala announced a strategic partnership with the firm Booking.com. According to Travala the collaboration adds Booking.com’s accommodation listings to the Travala portal, adding 90,000 destinations to over 230 countries worldwide. Also read: With Christmas Approaching, Here Are Some Travel Sites Continue Reading