Crypto Currencies Investing, Mining, Trading News & Updates
The CoinDesk 20 fell nearly 100 points in overnight trading, with all assets in the red, including a 6.6{aa99edd08dd66036bd4af6c3dbe8af9b4ab31fcc55a521c2956d094a6dcd3a48} drop in ETH.
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“The Eye of Sauron casts its gaze upon the Lightning Network.” This is how Lightning Labs CTO Olaoluwa Osuntokun (aka, roasbeef) has heralded the coming of Watchtowers to the Lightning Network. Though comparing the technical feature to the demonic gaze of Tolkien’s primary antagonist sounds disconcerting, the analogy holds up on the surface: Watchtowers, as the name implies, will keep an eye on Lightning Network channels and potential bad actors. Why the need for them? Well, if you’re using a custodial Lightning wallet, there isn’t one. But if you’re running your own channels with your own node, then there’s the slim but conceivable chance that the party on the other side of your channel could cheat you when the channel is closing. For instance, say Molly …
If you’re not familiar with the name MercadoLibre, it’s basically South America’s version of Ebay. In fact, since 2001 — two years after it launched in Argentina — its main shareholder has been the US-based e-commerce titan itself. MercadoLibre was founded by Marcos Galperín — who still serves as CEO —, it currently employs over 3,000 people and operates in 12 South American countries aside from Argentina: Brasil, Chile, Colombia, Costa Rica, Ecuador, Mexico, Panama, Peru, Portugal, the Dominican Republic, Uruguay and Venezuela. Today, MercadoLibre Mexico announced the integration of Bitcoin into its associated payments platform, MercadoPago (MercadoPago is to MercadoLibre what Paypal is to Ebay). Customers will now be able to pay using Bitcoin within MercadoLibre by choosing the option through the MercadoPago platform; this payment processor …
Vice President Kamala Harris announced her unconditional support for cryptocurrency and digital assets at a recent fundraiser, just weeks before…