Bitcoin underwent a protocol update to make the network more resilient to state attacks, while researchers separately found Ethereum may be losing its anonymity. Elsewhere, “Crypto Mom” Hester Pierce has been tapped for a second term at the SEC, and an ex-Yang advisor is making crypto a cornerstone to his House campaign. You’re reading Blockchain Bites,
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The most popular way to use bitcoin off-chain is on Ethereum, recent data indicates.  Since 2016, software engineers have worked to extend the oldest and largest cryptocurrency’s use cases through a variety of companion protocols, like the Lightning Network for payments or the Liquid Network for trading. But to date, the most popular off-chain protocols
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Bitcoin automated teller machines (BATMs) will become the next target for regulators, as world governments tighten screws on money laundering. According to Ciphertrace CTO John Jeffries, crypto-cash machines will attract “greater…regulatory focus” in a bid to rein-in alleged cross-border illicit financial transfers. Jeffries urged “the need for more uniform regulatory enforcement and compliance” as governments
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Bitcoin News Roundup for June 2, 2020 Not so good news for fans of $10K BTC. It’s CoinDesk’s Markets Daily Podcast. Bitcoin’s price fell more than $800 in under five minutes on Tuesday, pushing the broader cryptocurrency market into the red. The figure puts 2020 on track to become the second-costliest year in the history
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Blockstream, the firm behind the Bitcoin (BTC) sidechains Liquid and Lightning Network, has launched its “Liquid Ventures Initiative,” which seeks to connect developers looking to build on the commercial sidechain with crypto investors. The announcement follows the completion of the first Liquid Demo Day, which saw participation from startups and developers from Hong Kong, Israel,
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