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Chainalysis adds Lightning Network support

Chainalysis adds Lightning Network support

advertisement Blockchain data platform Chainalysis will start supporting the Lightning Network in February, the company announced Friday.  The Lightning compatibility will be available for customers of Chainalysis’ cryptocurrency compliance software, KYT (Know Your Transaction). KYT helps virtual asset service providers (VASPs) like exchanges detect risk patterns and illegal activity. Now, these VASPs will be able …

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Grayscale Adds Solana to $494M Digital Large Cap Fund — CoinDesk

Grayscale Adds Solana to $494M Digital Large Cap Fund — CoinDesk

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. @2021 CoinDesk …

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MicroStrategy adds another $1.02 billion worth of bitcoin to its balance sheet

MicroStrategy adds another $1.02 billion worth of bitcoin to its balance sheet

The publicly-traded company MicroStrategy now owns just over 90,000 BTC after spending approximately $1.026 billion to purchase 19,452 BTC, according to a Wednesday announcement. In a statement, MicroStrategy said that it “purchased an additional approximately 19,452 bitcoins for approximately $1.026 billion in cash at an average price of approximately $52,765 per bitcoin, inclusive of fees …

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Revolut adds four new cryptos for European users on its digital bank platform

Revolut adds four new cryptos for European users on its digital bank platform

The U.K.-based digital bank startup Revolut announced Friday the addition of  four additional crypto tokens and currencies to its platform for Europe-based users. In the December 10 blog post, Revolut said it was adding support for EOS, OMG, XTZ (Tezos) and ZRX (0x). Revolut first started allowing access to crypto buying and selling in 2017. …

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Joe Biden transition team adds former CFTC chair and crypto-focused academic Gary Gensler

Joe Biden transition team adds former CFTC chair and crypto-focused academic Gary Gensler

Gary Gensler, who chaired the Commodity Futures Trading Commission (CFTC) during the Obama administration, will lead the financial policy transition team for projected U.S. president-elect Joe Biden. CoinDesk confirmed the move today after the Wall Street Journal reported on Friday that Biden was expected to bring on Gensler. As CFTC chair, Gensler oversaw substantial reforms …

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Huobi adds Visa and Mastercard support for cryptocurrency transactions

Huobi adds Visa and Mastercard support for cryptocurrency transactions

Huobi global expanded support for Visa and Mastercard credit and debit cards which will allow its users to make transactions on the platform itself without being redirected to a third-party portal, according to a release shared with AMBCrypto today. The new payment service is being provided by Huobi Technology, a regulated DLT firm by the …

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The Emergence of Crypto Prime Brokers Adds Resilience but Also Risk

The Emergence of Crypto Prime Brokers Adds Resilience but Also Risk

There are many types of hockey-stick evolutions in new industries. Startups dream of the lying-on-its-back L shape for their sales growth. Entrepreneurs chase the “escape velocity” funding momentum. And a subsector can simmer along with a low hum of activity until boom, years of progress and feverish months of under-the-surface connecting explode in a series …

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