Thursday 19 May 2022
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‘Kwontitative easing’ — BTC price hits $43K in UST as Terra empties $2.2B BTC bag

A frantic effort to rescue UST continues as Bitcoin weathers the storm to receive a $35,000 target next.

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The Lightning Network Lunch: A Bitcoin contactless payment story

The Lightning Network (LN) just got a bit faster, as the suitably named Bolt Card now enables Bitcoin (BTC) enthusiasts to pay for goods and services using contactless technology. A data analyst at the company behind the card, CoinCorner, took the Bolt card on a trial run on the Isle of Man, a British Crown dependency in the Irish Sea. “MSW” — as he is known — tapped to pay at more eight point-of-sale (PoS) devices during his lunchtime investigation. It worked like this: for any PoS device showing a Lightning invoice, MSW simply hovered the NFC enabled Bolt Card nearby. In total, MSW 20 paid for 20 breakfasts, lunches, drinks and snacks using the LN prior to the Bolt Card's release: MSW told Cointelegraph that using the Bolt Card “felt completely natural and worked just as you would expect!” “For me, it is a huge step up in terms of user experience when compared to scanning QR codes. A bonus for me was getting to know some of the local businesses around the Isle of Man and watc..

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