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# development News

May 23, 2019 by at Blockchain
Venture capital firm Bicameral Ventures has funded three new companies to help build a technological ecosystem and improve product development management. Nodesmith, metaMe, and Velocia provide an array of mutual solutions from improving developer uptime to enhancing traffic flow management for urban regions. This new investment thesis is a refreshing...
In laymen's terms, the Lightning Network (LN) is a protocol built on top of the Bitcoin, Litecoin, and Monero blockchains; these protocols are called "layer two protocols" because they run on top of an existing network. By moving away from the main chain, layer two protocols help the overall network...
Litecoin, the blockchain project in charge of the fifth largest cryptocurrency in the world by market cap, has announced the release of Litecoin Core version 0.17.1. The update will enable users to send cost-efficient and fast payments, according to Medium blog post on May 6, 2019 Litecoin Upgrades .As stated...
London-based blockchain settlement startup SETL, backed by Credit Agricole, has emerged from administration as management bought back operating assets, staff and intellectual property rights, The Financial Times reported May 3, 2019. Selling ID2S Stakes to Fund the Company BTCManager reported on March 8, 2019, that SETL Development Limited had filed...
The United States Department of Justice has moved the District Court of Arizona to stay a detention memorandum against Crypto Capital and Reginald Fowler concerning the ongoing case against Bitfinex. New Developments in Bitfinex Saga On May 2, 2019, BTCManager reported that a businessman named Reginald Fowler was linked to...
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