Twitter CEO Jack Dorsey Engages in Bitcoin Lightning Network ‘Torch’ Experiment

Jack Dorsey has taken part in a ceremonial usage of Lightning Network “for the laughs.” The idea mimics the Olympic torch. Participants pass microscopic amounts of Bitcoin around the Lightning Network, using Lightning-enabled wallets to generate and pay invoices. Dubbed the #LNTrustChain, the experiment demonstrates that Ligthning Network can send tiny amounts of Bitcoin. Each …

Dow Surges to Two-Month High as Earnings Season Keeps on Giving

Led by the Dow Jones Industrial Average, the U.S. stock market traded sharply higher on Tuesday after a fresh batch of earnings surprised to the upside, underscoring another solid quarter for corporate America. DOW RECORDS STRONG GAINS All of Wall Street’s major indexes booked solid gains through the morning session, mirroring a strong pre-market for …

QuadrigaCX May Not Have Ethereum Cold Wallet, Where’s the Missing $150M?

Taylor Monahan, the founder and CEO of MyCrypto, one of the most widely utilized non-custodial wallets in crypto, has said that QuadrigaCX may never have had an Ethereum cold wallet. Crypto Wallet CEO Raises Questions about QuadrigaCX’s Claims After evaluating three main Ethereum addresses used by QuadrigaCX, Monahan said that all of the addresses were …

Tesla Just Bought a Battery Maker for $218 Million in All-Stock Deal

Tesla Inc. announced one of its rare acquisitions Monday, of ultracapacitor company, Maxwell Technologies Inc., in order to bolster the Silicon Valley automaker’s battery technology as it ramps up production of the Tesla Model 3 sedan. The heavily indebted electric car company, whose CFO stepped down just four days ago, is making the acquisition in …

Why South Korea Had to Ban Crypto ICO Losing Multi-Billion Dollar Opportunities

This week, the government of South Korea officially decided to maintain its existing blanket ban on domestic initial coin offerings (ICO) in a move that could benefit other major crypto markets in Asia. On Friday, the virtual currency task force of the Office for Government Policy Coordination released a comprehensive report on the ICO industry. …

Is the Missing Crypto From QuadrigaCX’s $150 Million Disaster On the Move? Experts Weigh-in

According to several reports, some funds from the missing $150 million holdings of Canada’s biggest crypto exchange QuadrigaCX could be moving. On Saturday, CCN reported that QuadrigaCX lost more than $190 million in funds stored in both crypto and fiat as the CEO, who had sole control over user funds passed away. In a strange …

Jack Dorsey: Bitcoin-Friendly Cash App is Now 2nd Most Popular Apple Application

Within a decade since its launch in 2009, Twitter CEO Jack Dorsey’s fintech company Square has transformed into a $29 billion digital payments giant and the go-to platform for users to send and receive money and buy Bitcoin. On February 3, Dorsey revealed that Square Cash (also known as Cash App), one of the most …

Watch: Twitter CEO Jack Dorsey Pumps Bitcoin on Joe Rogan’s Podcast

Joe Rogan may have landed his biggest guest yet on his popular podcast, the Joe Rogan Experience: Jack Dorsey, the founder and CEO of Twitter and Square and an avowed Bitcoin bull. Joe Rogan Experience #1236 – Jack Dorsey In a wide-ranging two hour interview published Saturday, Jack addressed a number of topics, including questions …

Here’s How Much Nvidia Actually Made from Crypto Mining Sales

According to a report by Markets Insider, Nvidia generated $1.95 billion in revenue from its crypto business. Although the official financial statement of the company disclosed a $602 million crypto-related revenue, RBC analyst Mitch Steves said that the actual number is at least three times higher. “We think NVDA generated $1.95 billion in total revenue …