A few months ago I created a payment channel from LND’s desktop node to Blixt’s mobile node. I then tested a few payments between nodes and the final balance on my phone is now around 20K sats (not that much). Unfortunately, my phone crashed and I am currently unable to cooperatively terminate the payment channel. Also, since I only used the Blixt wallet for testing purposes, there is no backup. The only option you have to retrieve funds from a mobile node is to force the channel to close using its original state when the Blixt node balance is zero.…
Author: Crypto Flexs
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Of all the parts of the Ethereum protocol, aside from the mining function the fee structure is perhaps the least set in stone. The current values, with one crypto operation taking 20 base fees, a new transaction taking 100 base fees, etc, are little more than semi-educated guesses, and harder data on exactly how much computational power a database read, an arithmetic operation and a hash actually take will certainly give us much better estimates on what exactly the ratios between the different computational fees should be. The other part of the question, that of exactly how much the base…
June 18, 2024 Lugano, Switzerland, Chainwire Debifi, one of the leading non-custodial Bitcoin-backed lending platforms, announced its dynamic growth roadmap during BTCPrague, widely regarded as Europe’s premier Bitcoin event. Our association with such a reputable gathering further highlights the credibility of Debifi’s growth roadmap and its commitment to revolutionizing the lending industry. The roadmap includes the significant addition of fiat payments for Bitcoin-backed loans, marking a significant milestone in the company’s expansion plans. Debifi, a global lender aggregator, is committed to providing institutional-grade liquidity while maintaining transparency and security. This platform allows any financial institution in the world to become…
The public launch of the Digital Rial pilot program begins on Kish Island. The public launch of the CBDC pilot program aims to test transaction efficiency and enhance payment security. The success of the pilot program could lead to a nationwide expansion of Digital Rial, transforming the way payments are made in Iran. Iran’s ambitious project to introduce the Digital Rial, a central bank digital currency (CBDC), is set to take a pivotal step after the Central Bank of Iran (CBI) announced that it would open the pilot program to the public. This move by the Central Bank follows a…
Travis Kling, Founder and Chief Investment Officer of Ikigai Asset Management, shared his insights on the current state of Bitcoin and the broader cryptocurrency ecosystem. He explained: On the verge of cannibalism.” In a series of detailed posts on Why are Bitcoin transactions flat? Kling began his analysis by addressing Bitcoin’s performance relative to the broader macroeconomic environment. Despite the Nasdaq’s surge of 16% since April 19, Bitcoin has remained relatively flat, underperforming noticeably since hitting record lows due to market jitters about interest rate cuts. “BTC is trading pretty poorly relative to the macro,” Kling pointed out. This underperformance…
Investors are increasingly betting on a price breakout for the XRP token. Could XRP see more upward momentum?Traders Increasingly Betting on XRP Price RisingMore traders are betting on a rise in the price of XRP (XRP), which is reflected in a surge in open interest (OI), according to market analysis by verified CryptoQuant author Minkyu Woo.He wrote in a June 18 research paper:“This trend suggests that investors are opening more positions in anticipation of an increase in the price of XRP, as open interest is rising along with the price. This high interest indicates that more trading activity is occurring…
Kraken said about $3 million was taken from its wallets due to an attack related to a bug that has since been fixed.According to Nick Percoco, Kraken’s chief security officer, the cryptocurrency exchange received a bug bounty program alert on June 9. The alert warned of a “very serious” bug that could allow attackers to artificially inflate balances on the platform.Percoco was short on specifics in its submission, but said it had investigated the issue and discovered an isolated bug that could have allowed malicious attackers to initiate deposits on the platform and receive funds into accounts without fully completing…
The cryptocurrency market has experienced significant turbulence recently, raising questions about whether the current bull market for Bitcoin and altcoins will last. Analysts and industry insiders provide diverse perspectives on the future of Bitcoin and altcoins, reflecting market trends, macroeconomic factors, and investor behavior. Analyst predictions for Bitcoin and altcoins Bitcoin investor Murad Mahmudov highlighted two possible scenarios for Bitcoin’s future. He suggested that the bull market could continue along its usual four-year cycle if prices remain above $60,000. However, depending on the macroeconomic situation, a global recession could cause the Bitcoin price to fall to $30,000. Bitcoin price analysis.…
Imagine being the only survivor of a fatal shipwreck. You are floating aimlessly in the deep blue abyss of nothingness, the sun burning your skin to a crisp, mourning the loss of a loved one who just drowned. There is nowhere to go and no one to help. Are you busy? But wait a minute. It’s getting better. Eventually you reach the coast, a tropical island paradise by day and a haunted, soul-devouring sanctuary by night. Yes, you survived the ocean, but now you have to try to keep your sanity and your head. In Nolimit City terms, this is…
Binance, one of the world’s leading cryptocurrency exchanges, has announced an update to its taker fee promotions for various spot and margin altcoin trading pairs. According to Binance, this change will take effect from 00:00 on July 1, 2024 (UTC). Updated promotion details The updated promotion affects the following trading pairs: PEPE/USDT, STRK/USDT, ENA/USDT, SUI/USDT, WIF/USDT, NEAR/USDT, OP/USDT, BONK/USDT, LTC/USDT, FET/ USDT, ORDI/USDT, BCH/USDT, W/USDT, ARB/USDT, LINK/USDT, TIA/USDT, ETC/USDT, APT/USDT, RNDR/USDT and WLD/USDT. Users trading these pairs can benefit from promotional taker fees until the specified date. Once the promotion ends, standard taker fees will…