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Lightning Network Sees Sharp 14% Decline in Capacity After Hitting Peak


Data reveals that the Lightning Network’s capacity, or the total value of open channels, has dwindled by over 14% since July 9, 2023. Following a peak of 5,468 BTC, an estimated 786 BTC valued at $20.32 million has been withdrawn from the secondary network. From Peak to Plunge: Lightning...

Nigeria Tops Global Crypto Data With 99% Awareness: ConsenSys Report


A recent survey shows Nigeria as the most crypto-savvy nation ahead of the United States and European countries. According to a new report from YouGov and ConsenSys, Nigeria’s crypto awareness stands at 99% as the country leads in digital asset knowledge and perceived investment drive.... Read...

What Is EIP-4844? A Look at Proto-Danksharding and Its Effect On Rollup Fees


Ethereum Improvement Proposal 4844 (EIP-4844), also known as Proto-Danksharding, introduces a set of changes that seek to lay the logic and “scaffolding” for scaling Ethereum through sharding but without adding sharding itself. Its implementation aims to reduce the transaction fees...

France’s Data Watchdog Conducts Checks at Worldcoin Office in Paris


The French body overseeing the protection of personal data has carried out “checks” at the Paris office of Worldcoin. The news of the French inspections comes amid heightened regulatory pressure on the cryptocurrency project co-founded by the current chief executive of Chatgpt developer Openai....

Cambridge Revises Bitcoin Mining Index, Lowers BTC’s Estimated Power Use


Cambridge Centre for Alternative Finance has significantly revised its Bitcoin Electricity Consumption Index, lowering its estimates of the cryptocurrency’s energy use after finding its previous model greatly overstated power consumption. Cambridge Centre Revises Bitcoin Energy Estimates...

LBank’s PINs IEO Achieves Over 400% Gain in the First Half Hour


PRESS RELEASE. Data extracted from CoinMarketCap painted a compelling picture of PINS’ trading journey. It started trading at $0.0005 on September 1 and quickly rose to $0.0025 within half an hour, an impressive 4X increase from its IEO valuation. In this IEO on LBank, a total of 34,587...

French Data Watchdog Conducts 'Inspections' at Worldcoin's Office in Paris


France's data watchdog, CNIL, made an unannounced visit to the office of Worldcoin in Paris this week, intensifying the scrutiny surrounding the cryptocurrency project's controversial privacy practices. The surprise inspection took place at Worldcoin's Orb center, a facility where individuals'...

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