Hacker Printed 2.25 Billion Stellar (XLM) In 2017, Running A Lightning Node Can Earn 1 Percent Annually, Finland To Directly Supervise Localbitcoins, Mining Manufacturer Canaan To Try And Do An IPO
On this edition of the Crypto.IQ Daily Radio Show we do a deep dive market analysis. Bitcoin (BTC) is once again stuck at the $4,000 resistance level, and due to Bitcoin’s (BTC) lack of direction the rest of the crypto market is mixed this morning. It has been revealed that a hacker printed 2.25 billion Stellar (XLM) back in 2017, and this accounted for 25 percent of the circulating supply back then. Apparently Stellar (XLM) quietly patched this bug and burned an equivalent amount of Stellar (XLM). BitMEX Research has found that it is possible to earn 1 percent annually from running a Bitcoin (BTC) lightning network node, but earning that much requires constantly shifting capacity to the parts of the lightning network with the highest fees. Without doing any work only about 0.001 percent would be earned annually from running a node. We discuss how Localbitcoins is going to be placed under direct supervision from the Financial Authority of Finland, continuing the trend of increased regulation for peer to peer Bitcoin (BTC) trading. Hear about how Bitmain rival Canaan is hoping to do an IPO on the stock market, after being rejected by the Hong Kong Stock Exchange in November.
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