{"id":19888,"date":"2022-06-14T19:45:34","date_gmt":"2022-06-14T19:45:34","guid":{"rendered":"http:\/\/egrowonline.com\/?p=19888"},"modified":"2022-06-14T19:45:34","modified_gmt":"2022-06-14T19:45:34","slug":"jack-dorseys-bitcoin-lightning-network-plan-pre-crash-crypto-enthusiasm-cryptopias-liquidator-sells-doge-more-news","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=19888","title":{"rendered":"Jack Dorsey&#8217;s Bitcoin Lightning Network Plan, Pre-Crash Crypto Enthusiasm, Cryptopia&#8217;s Liquidator Sells DOGE + More News"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<figure class=\"image\"><img decoding=\"async\" src=\"https:\/\/v2.cimg.co\/news\/81173\/206194\/jack-dorsey-ted-youtube-1-1-media-library-original-1200-746.jpg\" alt=\"\" srcset=\"https:\/\/v2.cimg.co\/news\/81173\/206194\/responsive-images\/jack-dorsey-ted-youtube-1-1-media-library-original-1200-746___media_library_original_1200_746.jpg 1200w, https:\/\/v2.cimg.co\/news\/81173\/206194\/responsive-images\/jack-dorsey-ted-youtube-1-1-media-library-original-1200-746___media_library_original_900_559.jpg 900w, https:\/\/v2.cimg.co\/news\/81173\/206194\/responsive-images\/jack-dorsey-ted-youtube-1-1-media-library-original-1200-746___media_library_original_720_447.jpg 720w, https:\/\/v2.cimg.co\/news\/81173\/206194\/responsive-images\/jack-dorsey-ted-youtube-1-1-media-library-original-1200-746___media_library_original_600_373.jpg 600w, https:\/\/v2.cimg.co\/news\/81173\/206194\/responsive-images\/jack-dorsey-ted-youtube-1-1-media-library-original-1200-746___media_library_original_300_186.jpg 300w\" width=\"1200\" \/><figcaption>Jack Dorsey. Source: video screenshot, TED \/ YouTube<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p><i>Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto news.<\/i><\/p>\n<p>__________<\/p>\n<h2>Adoption news<\/h2>\n<ul>\n<li><strong>TBD<\/strong>, a <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/coins\/bitcoin\/\">Bitcoin (BTC)<\/a>-focused subsidiary of <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/jack-dorsey\/\">Jack Dorsey<\/a>-led payments company <strong>Block<\/strong>, will start building infrastructure for the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/lightning-network\/\">Lightning Network<\/a>, Nick Slaney, Product Design Engineer at Block, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/twitter.com\/nick_slaney\/status\/1536719408005058561\">said<\/a>. &#8220;Our goal is to not only build the tools and infrastructure we need for our products, but also to be additive to the Lightning Network ecosystem on the whole,&#8221; he noted, adding that they plan to develop and share this project with the community, and they&#8217;ll be posting jobs for this initiative in the near future.<\/li>\n<li>On-demand services network <strong>Splyt<\/strong> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.newsfilecorp.com\/release\/127514\">announced<\/a> a partnership with crypto exchange <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/ext\/binance\/\"><strong>Binance<\/strong><\/a> to offer ride-hailing services and experiences within the Binance app and pay for them in crypto.<\/li>\n<li>The French Government\u2019s <strong>Olympics <\/strong>envoy has recommended the widespread deployment of blockchain ticketing and other enhanced security protocols in the aftermath of last month\u2019s <strong>UEFA Champions League<\/strong> final in Paris, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.theticketingbusiness.com\/2022\/06\/13\/french-authorities-urged-to-deploy-blockchain-tix-following-champions-league-fiasco\/\">according<\/a> to Ticketing Business News. The tickets would be based on blockchain technology in order to prevent ticket fraud, in that they would be active only within a virtual perimeter and corresponding to the security perimeter of the site, per the report.<\/li>\n<li>Romania\u2019s <strong>National Institute for Research and Development In Informatics Bucharest <\/strong>(ICI) <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/elrond.com\/blog\/national-institute-for-technology-elrond-marketplace\/\">announced<\/a> that work is underway for building an institutional <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/non-fungible-tokens\">NFT<\/a> marketplace and a decentralized Domain Name System (DNS\/TLD) based on the <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/coins\/egld-elrond\">Elrond Network (EGLD)<\/a> blockchain.<\/li>\n<\/ul>\n<h2>Investments news<\/h2>\n<ul>\n<li>A crypto survey by <strong>Bank of America<\/strong> (BofA), covering 1,000 current and potential users of crypto and crypto exchanges in the US, showed that 91% of respondents said at the beginning of June that they would be buying crypto in the next six months, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/markets.businessinsider.com\/news\/currencies\/crypto-market-investors-crypto-bank-america-bofa-recession-stocks-bear-2022-6\">according<\/a> to Business Insider \u2014 the same percentage as those who said they had bought in the previous six months. Most of the respondents were short-term investors, with 77% stating that they have held crypto for less than a year.<\/li>\n<li>Crypto gaming guilds <strong>Merit Circle DAO<\/strong> and <strong>Yield Guild Games<\/strong> (YGG) <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/medium.com\/yield-guild-games\/merit-circle-dao-yield-guild-games-joint-statement-628d2e933fcf\">announced<\/a> that Merit Circle will <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/vote.meritcircle.io\/#\/proposal\/QmanW7dTyF2LvvU9iAGwj3i9D4F3TS7ZbxR33jVCmKMrgR\">buy out<\/a> the YGG and <strong>Nifty Fund<\/strong> allocation for USD 1.75m. As <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/news\/gaming-guilds-dao-proposal-refund-seed-investment-faces-backlash-contract-breach-accusations.htm\">reported<\/a>, after a USD 175,000 seed investment by YGG into Merit Circle last year, the latter guild\u2019s community proposed to refund the investment, complaining about a \u201clack of value\u201d received from the investors. Now, the guilds say that YGG has provided more value to Merit Circle than what is openly visible through advice, introductions, and the opening of new opportunities.<\/li>\n<li>Digital asset venture studio <strong>ScienceMagic.Studios<\/strong> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.prnewswire.com\/news-releases\/sciencemagicstudios-raises-10m-pre-seed-to-demystify-web3-for-brands-and-talent-301558654.html\">announced<\/a> that it raised USD 10.3m in pre-seed investment. The company will advise on and create digital assets (e.g. NFTs and social tokens) for brands, talent, and their communities, and the funding will support the company to scale as it meets interest, they added.<\/li>\n<\/ul>\n<h2>Exchanges news<\/h2>\n<ul>\n<li><strong>GrantThornton<\/strong>, the liquidator of New Zealand\u2019s collapsed crypto exchange <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/tags\/cryptopia\/\"><strong>Cryptopia<\/strong><\/a>, <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.grantthornton.co.nz\/globalassets\/1.-member-firms\/new-zealand\/pdfs\/cryptopia\/seventh-liquidators-report_cryptopia.pdf\">announced<\/a> that they have converted the equivalent of NZD 5m (USD 3.12m) of <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/coins\/dogecoin\/\">dogecoin (DOGE)<\/a> into fiat currency \u201cto meet the reasonable cost and expenses of and incidental to the protection, preservation, recovery, management, and administration\u201d of any crypto held by the company, on an order of the <strong>High Court of New Zealand<\/strong>.<\/li>\n<li>Crypto platform <strong>Zonda<\/strong> <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/mondovisione.com\/media-and-resources\/news\/zonda-to-enter-italy-under-new-cmo-barnabas-goh-barnabas-goh-will-take-charge\/\">announced<\/a> plans to enter the Italian market on June 15, with the move to be spearheaded by newly appointed Chief Marketing Officer Barnabas Goh.<\/li>\n<\/ul>\n<h2>Regulation news<\/h2>\n<ul>\n<li>Eric Adams, the mayor of New York City, USA, is planning to ask Kathy Hochul, the current governor of New York to veto a bill passed by the state legislature that would put a <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/cryptonews.com\/news\/new-york-state-to-ban-carbon-powered-bitcoin-altcoin-mining-while-kenya-fosters-green-btc.htm\">two-year moratorium<\/a> on crypto mining that uses carbon-based fuel in the state, Crain\u2019s New York Business <a target=\"_blank\" rel=\"noopener noreferrer\" href=\"https:\/\/www.crainsnewyork.com\/politics\/eric-adams-plans-ask-kathy-hochul-veto-albany-cryptomining-bill\">reported<\/a>.<\/li>\n<\/ul><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cryptonews.com\/news\/jack-dorseys-bitcoin-lightning-network-plan-pre-crash-crypto-enthusiasm-cryptopias-liquidator-sells-doge-more-news.htm\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jack Dorsey. Source: video screenshot, TED \/ YouTube \u00a0 Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto news. __________ Adoption news TBD, a Bitcoin (BTC)-focused subsidiary of Jack Dorsey-led payments company Block, will start building infrastructure for the Lightning Network, Nick Slaney, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19889,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[46],"tags":[50,62,8996,291,1060,8995,1059,1062,8997,175,111,1358,8994,783],"class_list":["post-19888","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-bitcoin","tag-crypto","tag-cryptopias","tag-doge","tag-dorseys","tag-enthusiasm","tag-jack","tag-lightning","tag-liquidator","tag-network","tag-news","tag-plan","tag-precrash","tag-sells"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2022\/06\/jack-dorsey-ted-youtube-1-1-media-library-original-1200-746.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/19888","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=19888"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/19888\/revisions"}],"predecessor-version":[{"id":19890,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/19888\/revisions\/19890"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/19889"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=19888"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=19888"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=19888"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}