As a next step in its efforts to further integrate the Lightning Network into its service offerings, the OTC desk of Vietnam’s oldest Bitcoin Exchange service BitcoinVN is now offering trades settled via the Lightning Network for an amount of up to an equivalent of 20,000 USD per transaction.
BitcoinVN’s Head of OTC trading Nguyen Tran Bao Phuong:
“This has been...
NFTs are worthless long-term.
“Play to Earn” games are inherently Ponzi schemes.
What happened to good old common sense? Think about it: what economic value do you create for others.when you “play to earn”?
No, it’s not comparable to playing Starcraft because the money Starcraft players make comes from livestreaming demand (entertainment for others), not from hoping a centrally-issued form of money...
Ongoing criticism for several years notwithstanding - USDT (aka “Tether”).remains the stablecoin of choice in the Asian crypto markets.and hence in a globally dominant position.
BitcoinVN has thereby taken the logical choice to offer USDT deposits and withdrawals on its cryptocurrency exchange with direct access to the Vietnamese banking system or alternatively cash withdrawals in major locations across Vietnam.
In the...
Just a few days after activation of the Taproot upgrade on the Bitcoin Network, Vietnam’s premier Bitcoin Exchange VBTC followed up by allowing it’s users to withdraw to Taproot (P2TR/Bech32m) addresses.
While currently not of much consequence just yet for users in terms of added functionality, allowing VBTC users to withdraw straight onto Taproot addresses helps the Bitcoin ecosystem...
While in most recent years some upstarts such as FTX or Binance have stealing somewhat the show as “casino of choice” for newcomers & retail in the Crypto space, OG Bitcoin exchange platform Bitfinex has held up well all these years and remains the trading platform of choice for most veteran crypto traders, Bitcoin OGs and “whales”.
Bitfinex - home...
Cash2VN, the Crypto Remittance Platform for Vietnam, has added Monero (XMR) as an additional choice for crypto users wanting to send remittances to Vietnam (recipients can receive VND either into their bank account or pick up cash at various locations).
Monero has seen a strong adoption among privacy-oriented users due its implementation of RingCT and Stealth addresses, which allow users...
What many Bitcoiners these days dream of - Rich Haslam has made it a reality.
Saving in Bitcoin allowed him two years ago to buy his own plot of land in Hóc Môn just North of Saigon (Noen Cu Chi Farm) Binh Thuan province to grow and raise his own food.
BVNews: Hello Rich! You are originally from Massachusetts in the...
In a recent announcement Vietnam’s Premier Bitcoin Exchange VBTC revealed the addition of a new withdrawal method (Telegram) from VBTC.
VBTC users will now be able to withdraw their balances to any Telegram account - with the withdrawal fees being as low as 0,000005 BTC (500 Sats).
The service is made possible by Bitcoin’s Lightning Network in combination with LNTXBot -...
Tether on Tron (TRC-20) is the third variant of the world’s predominant stablecoin to be supported on Cash2VN.
Tron managed to capture a large part of the Asian exchange market via early strategic partnerships with key exchanges in the region - thereby increasingly replacing the usage of the Ethereum blockchain.
Tron Founder Justin Sun’s approach to significantly tip the balance of...
LNTXBot - the Lightning Wallet for every user of the popular chat app Telegram has been building a solid fan base among the Bitcoin community over the past two years; last but not least due to the rapid development speed, addition and experimentation of requested features and the overall approach by its creator Fiatjaf to put practicality before ideology.
While...
