News

First Stock for Zebpay Lightning Payments

Crypto currency exchange and wallet provider Zebpay announced that it provides lightning Network payments for all users. The best part of the news? Zebpay claims he will pay for the lightning from his wallet.

Progress in the Lightning Network

Although ediy still very experimental asyon, the Lightning Network is growing rapidly and integration into main services continues. Malta-based Zebpay said in a statement that the stock exchange, which was once India's largest exchange of crypto currency, indicates that LN payments were first accepted by a large stock market.

Worldwide customers using Web, iOS and Android applications can now use BTC wallet balances to perform lightning transactions. Zebpay argues that users can do the following:

You can buy almost everything in milliseconds by defining the store, copying or scanning the product or service, and completing the payment.

(LOW LOW) FEES IN ZEBPAY

Lightning Network payments are significantly lower than standard Bitcoin payments, but users won't have to pay them. In accordance with the 'Free Encryption' task notification:

Zebpay took charge of all the lightning transactions from his wallet

Of course this is not unlimited. Users can trade from 1 satoshi per day up to 0.001 BTC (approximately $ 4 in current rates). Although this may seem a small amount, LN is still in the testing phase and is not recommended for larger payouts. Current use cases are also largely directed to micro processes within this boundary.

Zebpay also declares “Zero Paid Trade Ücret on the stock market side of its business. According to the CEO, Ajeet Khurana:

We believe that crypto coins empower investors and allow anyone to control their own financial destiny. By offering zero paid trade, we are moving forward with our mission to save the crypto from the hints of buying and selling and to reduce the difficulty of getting used to anyone new to crypto.

After launching in 2014, Zebpay became the biggest crypto currency exchange in India. Following the crypto-money ban law of the Central Bank of India, last year trading in a crypto-friendly country in Malta and in a headquarters in Singapore was ceased.

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Industry News

SEC Accuses 5 Insiders of BitConnect for Illegal Promotion

SEC, Yasadışı Tanıtım’dan BitConnect İçerisinden 5 Kişiyi Suçladı

About the five people at BitConnect SECIt said it “violated Federal Securities laws.”

The SEC's complaint is that “persons who support the BitConnect Program are sold without registering the Securities with the Commission and registering as a broker-dealer with the Commission as required by law.” BitConnect's lending program is said to encourage people to invest in potential investors, including Trevon Brown, Craig Grant, Ryan Maasen, and Michael Noble, by creating promotional-style videos and posting them on YouTube. It is also claimed that some YouTube channels that make promotions are paid on a commission basis in return for their promotional efforts.

Shortly after his release, Trevon Brown (better known as Trevon James) posted a tweet saying he didn't deny the charges and said the community would "rally" around him.

Real crypto OG's will rally around me.

The real ones that know the truth, and what happened from day 1.

Talk to you guys soon.⏳#FreeTrevon

— Trevon James, Founder of our.glass Crypto (@BitcoinTre) May 28, 2021

Lara Shalov Mehraban, Deputy Regional Director of the SEC's New York Regional Office,

“We will try to hold accountable those who make illegal profits by taking advantage of the public's interest in digital assets”

said.

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Bitcoin News

Who Has The Most Bitcoin (BTC) Savings?

Bitcoin Analizi, Bitcoin 5.700 Doları Geçti!

According to the research result, the Winklevoss twins own 150,000 BTC, but there are names that own more Bitcoin than them…

Blockchain Center, which investigates who owns the largest amount of Bitcoin (BTC); From Winklevoss twins to scammers, from hackers to "zombie coins", he laid out all the data.

On the other hand, the most famous hacking case of the cryptocurrency world, Mt. Gox incident allegedly owned 166,000 BTC.

It is claimed that 30,000 BTC seized from the Silk Road scandal is in the hands of Tim Draper.

Plus Token scammers were said to have 200,000 BTC.

On the other hand, “Zombie coins” are surprisingly plentiful. These tokens we are talking about consist of 1.5 million BTC, which will never be used and will not be spent by anyone forever.

Grayscale's Bitcoin Trust is known as the largest institutional Bitcoin investment vehicle and currently holds over 400,000 BTC of liquidity. Lightning Network only holds 1,000 BTC, while Ethereum (ETH) has another 80,000 BTC locked.

Another 2.5 million Bitcoins are expected to enter circulation over time. Time will tell which other names will be included in this list.

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Blockchain News

National Fisheries Institute and IBM's Blockchain Tracking System Food Trust

Ulusal Balıkçılık Enstitüsü ve IBM’in Blockchain Takibi Sistemi Food Trust

The United States seafood trade association, the National Fisheries Institute (NFI), is working with Food Trust, IBM's blockchain supply chain solution, to monitor FoodOnline's reports on June 11 seafood and food-related news.

In the report, they mentioned the new system for monitoring the type of seafood jointly carried out by multiple companies. In addition, NFI members representing harvesters, importers, cold storage, food service restaurants and retail sales were also included in the program.

IBM's Blockchain Tracking System Food TrustSIRF President's Statement

The project is funded by the Seafood Industry Research Fund (SIRF), whose chairman Sean O'Scannlain said in a statement on developments:

“The tracking system is nothing new to the seafood industry, but we'll test how blockchain is a new concept, with IBM's Food Tracking system, helping seafood businesses earn revenue and reduce costs to customers from harvest to distribution.”

The system also states who can access and how long companies can control data, and who will retain control after the chain is loaded. Raj Rao, IBM Food Trust general manager Food Food Trust can change any sector, especially when we have large ecosystems, businesses and organizations ” He said.

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Source: Cointelegraph