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New MuSig2 Multi-Signature Protocol Coming to Bitcoin Lightning Network

1 in 4 Ethereum transactions are made through rollups

Alex Bosworth, a developer at Lightning Labs, announced that MuSig2, the evolution of the multisignature protocol he designed, could be added to Bitcoin’s Lightning Network (LN) soon. “An update to MuSig2 is already in final revision for Lightning Loop,” Bosworth commented in a Tweetwhere he also mentions some of the advantages that this tool would …

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Law is approved in Louisiana, USA, which allows banks in that state to custody Bitcoin – DiarioBitcoin

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By Hannah Perez Louisiana’s governor signed the bill into law last week. Now banks in the state that is home to the city of New Orleans will be able to hold cryptocurrencies. *** Governor of Louisiana, in the US, signed the bill. Louisiana banks will now be able to hold Bitcoin and other cryptos. Another …

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Binance.US removes fees on Bitcoin transactions – DiarioBitcoin

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By DailyBitcoin Editor the exchange Binance.US eliminated spot trading fees on Bitcoin. Exchange users can exchange bitcoins for US dollars, tether, and other stablecoins with no extra fees. *** Binance.US removed fees on Bitcoin transactions Free works for trading BTC with USDT, USD Coin and Binance USD Fee-free service is only valid in the United …

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Crypto mining company Bitfarms sold $62 million worth of Bitcoin to reduce its debt – DiarioBitcoin

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By Hannah Perez The miner sold 3,000 BTC, almost half of its treasury of the flagship cryptocurrency, as part of a strategy to readjust its reserves amid falling prices. *** Bitfarms sold almost half of its BTC to reduce debt and increase its liquidity. The company still has 3,349 bitcoins, and it produces 14 BTC …

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NYDIG and Deloitte Announce Partnership to Help Businesses Adopt Bitcoin

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By DailyBitcoin Editor Deloitte wants to enable Blockchain and digital asset-based services in many areas involving Bitcoin products like banking, rewards programs, and others. *** NYDIG and Deloitte form an alliance The idea is to advise companies on the adoption of Bitcoin Alliance Seeks to Accelerate Bitcoin-Based Financial Services The professional services giant Deloitte, one …

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Bitcoin miners see in the bear market an opportunity to acquire cheap equipment

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chart shows decline in price index of ASIC miners

Key facts: Miners agree that the drop in prices may be opportune to acquire new equipment. Average prices of latest generation ASIC miners fell to $6,000, according to Hashrate Index. With the drop in bitcoin (BTC) prices, an interesting opportunity opened up to enter the mining business, the activity that keeps the network on the …

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ProShares launches a new ETF that allows investors to bet on the fall of Bitcoin – DiarioBitcoin

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By Hannah Perez The new short Bitcoin ETF will be the first of its kind in the United States. It is expected to be released tomorrow Tuesday on the NYSE. *** ProShares launches a short Bitcoin ETF. It will allow investors to benefit from the fall in the price of BTC. It will begin trading …

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If it’s not the cold, it’s the heat: Iran leaves Bitcoin miners without electricity again

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chart shows average minimum and maximum temperatures in Tehran for June 2022

The Government of Iran, as of June 22 of this year, will once again suspend access to electricity for Bitcoin miners registered in this country. Mostafa Rajaba Mashhabi, spokesman for the state electric power industry, mentioned Iran’s electricity demand is estimated to exceed 63 GWh this week. Reason why they decided to take this measure, …

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Bitcoin miners start holding again, with a more stable price

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A crisis that is beginning to cease? Bitcoin miners stopped selling their holdings and started holding again as the price of bitcoin (BTC) returns to $20,000 after several days in uncharted territory, the lowest curve of the reported decline. until now. According to data from mining analytics company Glassnode, shared on Twitter by @BTC_Archive, Bitcoin …

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