Even if the Lightning Network is expanding, widespread adoption is still hampered by liquidity concerns and a lack of user awareness.Source: schor.medium.com At the peak of the Bitcoin blockchain, there is a layer-2 solution called the Lightning Network, and its main goal is to solve the scalability

UBS, the Swiss investment banking giant, has firmly asserted its belief in the sustained dominance of the U.S. dollar well into the foreseeable future. Alejo Czerwonko, Managing Director and Chief Investment Officer Emerging Markets Americas at UBS Global Wealth Management, recently emphasized the c

U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has raised concerns about the potential for artificial intelligence (AI) technology to play a pivotal role in shaping future financial crises. In an interview with Dealbook's Ephrat Livni, Gensler highlighted the focal point of his

US Congressman Patrick McHenry Sees Stablecoins as Fundamental to Our Contemporary Payment SystemUS Congressman Patrick McHenry backs PYUSD, a USD-pegged stablecoin from Paypal, emphasizing regulated stablecoins' importance in modern payments. He urges Congress to create precise stablecoin regulatio

Federal Reserve Governor Michelle Bowman recently discussed the possibility of implementing additional interest rate hikes to achieve price stability during an event hosted by the Kansas Bankers Association in Colorado. She expressed her support for the rate hike decision made at the previous month'

Bitfarms Initiates Development of 50 MW Bitcoin Mining Facility in ParaguayBitfarms Ltd. is currently constructing a 50 MW Bitcoin mining facility in Paraguay, close to its Villarrica operations. The project is scheduled for completion and full operation by the first quarter of 2024. PayPal Launches

1. Market TrendBetween August 3 and August 6, the BTC price fluctuated between $28,807.54 and $29,433.33, with a volatility of 2.17%. From the 1-hour chart, the BTC trend has been relatively stable in the past few days, with small fluctuations. The price once dropped below $29,000 but quickly recove

The first half of 2023 has seen an unprecedented surge in funding for AI large language models (LLMs), amounting to over $25 billion. This influx has propelled the AI industry to the forefront of the venture capital (VC) market, surpassing the once-hot cryptocurrency sector. However, concerns are mo

Miami Mayor Francis Suarez to Adopt Cryptocurrencies for 2024 Presidential CampaignMiami Mayor Francis Suarez, running for the 2024 presidency, revealed his acceptance of cryptocurrencies for campaign donations on Coindesk TV on August 4, 2023. As the first Republican candidate to do so, he embraces

Recently, transactions on Optimism surpassed those on the Arbitrum system, but are the project's foundations strong enough to maintain long-term growth?Source: validvent.comBuilt on top of Ethereum, Optimism functions as a stand-alone blockchain and provides layer-2 scalability. In the growing compe