Lightning Labs was forced to change the name of their project from 'Taro' to 'Taproot Assets' due to a trademark infringement lawsuit. The newly rebranded offering is currently on a testnet and is said to come with a 'core set of features to bitcoinize the dollar,' according to the company.
The BRC-20 mints have had various repercussions, ranging from the suspension of bitcoin withdrawals on Binance to dissatisfaction with the unexpected surge in fees for bitcoin transactions in regions such as Africa and South America.
The Lightning Address protocol enables bitcoin transactions to be sent over the Lightning Network using a wallet identifier that looks like a traditional email address.
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Florida's governor and the Republican Party's newest frontrunner engaged in a Twitter conversation with Elon Musk, discussing the realms of cryptocurrency and central bank digital currencies.
The miner stands to earn up to $75 million in management fees for the Celsius mining rigs over a span of five years, making it a highly lucrative venture.
Coinbase has partnered with Bitpanda Technology Solutions, an infrastructure layer provider specializing in business-to-business solutions, to establish direct connections with banks and fintech companies.
Unciphered, a renowned cybersecurity firm specializing in the retrieval of misplaced cryptocurrencies, claims to have discovered a method to physically breach the security of the Trezor T hardware wallet. Trezor has acknowledged the existence of a comparable attack vector several years ago.
Macro analyst Tom Dunleavy suggests that the stablecoin market's contraction is indicative of the ongoing bearish phase in the crypto market.