11h ago
Bitcoin Lightning Network public capacity at 4,132 BTC as exchange routing reshapes capacity metrics
Bitcoin Lightning Network public capacity stands at approximately 4,132 BTC with 16,294 nodes and 41,118 channels, data show. Exchange integrations by Coinbase, OKX, Kraken, and Binance now route material payment volumes through private channels that do not appear in public capacity statistics. Merchant adoption has expanded, with Lightning-routed Bitcoin payments nearly doubling from 2023 to mid-2024.
11h ago
11h ago
New York Court Orders Circle to Maintain Freeze on $63 Million in Multichain-Linked USDC
A U.S. bankruptcy court has directed Circle to keep three Ethereum wallets holding approximately $63 million in stolen USDC frozen, supporting Singapore-based liquidators managing the Multichain Foundation collapse. Judge David S. Jones issued the provisional order under Section 1519 of the U.S. Bankruptcy Code on Thursday. The order prevents any movement of funds tied to the July 2023 exploit that drained over $210 million from the cross-chain bridge protocol.
11h ago
13h ago
Bitcoin Tests Critical $111K–$114K Support as Analyst Warns of Potential Decline to Mid-$90Ks
Bitcoin has reached its first significant structural support test of the current cycle, according to crypto analyst Dom. In a live analysis on October 29, Dom warned that failure to stabilize and reclaim the $111,000–$114,000 range within the next one to two weeks could trigger a retracement to the mid-to-low $90,000s. The analyst emphasized this marks the first genuine test for the rally that has defined this market cycle.
13h ago
14h ago
Bitcoin Miners Earn Record Dollar Rewards Despite Receiving 93.75% Fewer BTC Per Block
Bitcoin miners currently receive 3.125 BTC per block, a 93.75% reduction from the original 50 BTC awarded in 2012, yet earn more in dollar terms than ever before. Historical data shows each halving epoch has concluded with block rewards worth more in fiat currency despite miners receiving half the Bitcoin midway through. Epoch 4 (2020-2024) saw block reward values increase 637% from $54,000 to $398,000, according to data from Unchained.
14h ago