Wednesday, 22 June 2022

The Lightning Network: Bitcoin’s evolution to medium of Exchange

The Lightning Network: Bitcoin’s evolution to medium of Exchange submitted by /u/npole2000
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source https://www.reddit.com/r/btc/comments/vhjizv/the_lightning_network_bitcoins_evolution_to/

Leading Solana NFT Marketplace, Magic Eden Raises $130M After Reaching $1.6B Valuation

Leading Solana NFT Marketplace, Magic Eden Raises $130M

The leading NFT marketplace on the Solana network, Magic Eden, has raised a total of $130 million in a Series B funding round. This funding round was co-led by Electric Capital and Greylock. The seeding round, announced on Tuesday, values the platform at $1.6 billion, making it level with Series B of OpenSea, the top Ethereum NFT marketplace. OpenSea is already valued at $13 billion after its Series C round, which was announced earlier this year.

The leading Solana NFT marketplace disclosed that it plans to use the funds raised to expand its primary and secondary ...

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A little hopium. Overly simplistic & pegged to 2020 market cap, but can you dig it?

A little hopium. Overly simplistic & pegged to 2020 market cap, but can you dig it? submitted by /u/SignificanceFew7798
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Bitcoin mints more than 13,000 'wholecoiners' in the past seven days

Bitcoin mints more than 13,000 'wholecoiners' in the past seven days submitted by /u/npole2000
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source https://www.reddit.com/r/btc/comments/vhj6d3/bitcoin_mints_more_than_13000_wholecoiners_in_the/

Tuesday, 21 June 2022

Tether's second best-kept secret: The name of its imaginary auditor 🤥

Tether's second best-kept secret: The name of its imaginary auditor 🤥 submitted by /u/Egon_1
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source https://www.reddit.com/r/btc/comments/vgwkhl/tethers_second_bestkept_secret_the_name_of_its/

Coinbase is stopping (some?) BTC withdrawals.

Went to withdraw my monthly BTC to cold storage and got 'The following error occurred: You are currently unable to send Bitcoin. Please contact support.' Contacted support and was told that BTC withdrawals were 'limited' until 6/26/22. When I asked if it was just my account or site-wide, the rep said that he couldn't disclose that information for 'security purposes'. Not a huge deal to me, as 95% of my coin is in a cold wallet, but has anyone else run into this?

Obilgatory: Not your keys, not your coins.

submitted by /u/brighthand
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Ex-Sushi CTO Raises $8 Million for Astaria, an NFT Lending Platform

Ex-Sushi CTO Raises $8 Million for Astaria

Astaria, a non-fungible token (NFT) lending platform and liquidity engine, has acquired $8 million in early capital to support its development throughout the down market. True Ventures, Arrington Capital, Ethereal Ventures, Wintermute, Genesis Trading, LedgerPrime, Hypersphere Ventures, The LAO, and several other investors participated in the preliminary round of funding.  

Users can use Astaria to generate instant liquidity by putting up their NFTs as collateral. According to Justin Bram, the co-founder and CEO of Astaria, the recent drop in NFT sales, coupled with signs of a bear market, makes Astaria's services appealing to NFT owners hoping ...

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