Criptor

Bitcoin Banks (or Binks). It’s happening. Guaranteed. Done deal. In the bag. It’s just a question of when? Germany cleared banks to custody and handle Bitcoin and Bitcoin accounts for customer starting 2020. Who will be the first?This is one thing that people will spaz out about, and I get why, but ultimately I think it’s childishly naive to think this wouldn’t happen. First off, banks don’t exist just to hold your money for you and process payments. They make loans. There is a reason they do th...

Bitcoin Magazine

45 days ago

Founder: Jesse Shrader and Anthony PotdevinDate Founded: March 2021Location of Headquarters: Nashville, TNNumber of Employees: 10Website: https://amboss.tech/Public or Private? PrivateJesse Shrader thinks that this will be an important year for the Lightning Network.With Bitcoin’s price on the rise and Tether (USDT) coming to Lightning, Shrader posits that more and more businesses and institutions will begin to see Lightning for payments in the year ahead.And his company, Amboss, is poised to he...

Bitcoin Magazine

46 days ago

We’re already starting to see the seeds of second layer potential develop from the base layer primitives that have been added or optimized in the first decade. Lightning, while still subject to some pretty big limitations, is really starting to thrive. And that is just the limited first version that is currently specified and deployed. There are now sidechains of various kinds deployed: Liquid, RSK, and even token chains tied to Bitcoin developed by Commerceblock. This is just the start.Schnorr ...

Bitcoin Magazine

46 days ago

Bitcoin’s price movements dominate headlines, but the real story of BTC lies beneath the surface. Beyond technical analysis and price speculation, on-chain data offers an unparalleled view of supply, demand, and investor behavior in real time. By leveraging these insights, traders and investors can anticipate market trends, follow institutional movements, and make data-driven decisions. For a more in-depth look into this topic, check out a recent YouTube video here: Mastering Bitcoin On-Chain Da...

Bitcoin Magazine

46 days ago

It’s a new year, and with that new year come all the normal social media circle jerking centered around predictions of “what will happen in 2020!” I wanted to extend that out a bit, and look at the next decade. But first, I wanted to spend a minute going over the last (yeah, I know I’m a year late, blah blah) to really drill in how far things have come.Mining and Network SecurityIn 2010 the network was secured by hobbyists desktop CPUs, trivially over powered by any large resourceful actor. At t...

Bitcoin Magazine

47 days ago

The introduction of BitVM smart contracts has marked a significant milestone in the path for scalability and programmability of Bitcoin. Rooted in the original BitVM protocol, Bitlayer's Finality Bridge introduces the first version of the protocol live on testnet, which is a good starting point for realizing the promises of the Bitcoin Renaissance or “Season 2”. Follow GG on X Unlike earlier BTC bridges that often required reliance on centralized entities or questionable trust assumptions, the F...

Bitcoin Magazine

51 days ago

Bitcoin banks are going to happen. We already have a few of them. We’re going to have more of them. Existing legacy banks are going to start offering services. New banks are going to be founded around Bitcoin. This is completely unavoidable at this point. Bitcoin doesn’t scale. Even absent that, people value other services that inherently require other parties. Debt being the chief one. This is an inescapable reality. Even if we could snap our fingers and roll out every well specified opcode and...

Bitcoin Magazine

52 days ago