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What is the Bitcoin Lightning Network and how does it work?

What is the Bitcoin Lightning Network and how does it work?

This article will dive into the Lightning Network and lay out how it seeks to address Bitcoin congestion and high fees.

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First Mover Americas: Crypto Majors Slide Further; SOL, DOGE Among Worst Affected

The latest price moves in bitcoin (BTC) and crypto markets in context for June 18, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

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Long-term holders gradually selling indicates bitcoin may be entering a consolidation phase: analysts

The bitcoin market may be entering a consolidation phase characterized by gradual selling from long-term holders, analysts claim.

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Renzo Capitalizes on Restaking Frenzy to Raise $17M From Galaxy, Brevan Howard

Funds will be used towards expanding the project’s restaking services, including adding support for ERC-20 tokens.

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41% of top ZKsync token airdrop recipients sold full allocation: Nansen

28.8% of addresses held onto all of their claims, with 30.1% offloading at least some of their allocation, according to Nansen.

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AI-Related Coins Slide as Google Search Shows Peak Retail Investor Interest

Spikes in crypto-related Google search queries have historically occurred at major market tops, validating legendary investor Warren Buffet’s mantra of buying in doom and selling in boom.

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Two former Chinese bank executives allegedly laundered $248 million through crypto: report

The former executives of Bank of Huludao allegedly embezzled $358.3 million and laundered $248 million through various means, including cryptocurrency.

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Solana creator platform DRiP Haus targets July for mobile app release, says founder

The collectibles platform is hoping the mobile app will make it easier to digest new types of content, such as podcasts.

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Dogecoin Bulls See $60M Liquidations in Biggest Hit Since 2021

Over $400 million in crypto longs were liquidated in the past 24 hours as major tokens slid as much as 10%.

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HashKey to list platform token in Q3, community airdrop planned for this month

HashKey Group, an Asia-based crypto financial services firm, said it will list the token in Q3 and launch a community airdrop in late June.

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