Lightning Network

Developers working on the Bitcoin layer 2 Lightning Network have become less security-oriented and more focused on producing cash flow for their investors, argues a former Lightning Network developer.Bitcoin core developer and security researcher Antoine Riard, made headlines last mon ...

Bitcoin (BTC) Lightning payments app Wallet of Satoshi (WoS) has disappeared from Apple’s App Store and Google’s Play Store in the United States as it closes in on over 1 million transactions for November.On Nov. 24, several users and crypto community participants shared on X ( ...

Athena Bitcoin, the company operating a state-owned chain of crypto ATMs in El Salvador, plans to integrate the Lightning Network into 100 of these machines in the next couple of months.According to the press release from Nov. 7, Athena Bitcoin Global and Genesis Coin Inc. have already ena ...

Bitcoin (BTC) has netted another adoption goal. Botev Plovdiv FC, Bulgaria’s oldest football club, has adopted Bitcoin and Lightning Network payments, as well as joining decentralized protocol, Nostr.Plovdiv’s stadium accommodates 18,000 people. Source: ManolovEffective immediately, f ...

A Bitcoin (BTC) educator based in Tanzania has scaled Africa’s highest peak, Kilimanjaro, sponsoring the entire trip through Bitcoin and Nostr donations.Kweks poses with a Bitcoin and NOSTR Flag at Kilimanjaro summit. Source: XKweks, (not his real name) crowdfunded over $1,700 in Bitcoin ( ...

Lawyer and cryptocurrency supporter John Deaton has criticized the Lightning Network, deeming it less effective than the “Spend The Bits” protocol on the XRP Ledger (XRPL). Lightning is a layer-2 scaling solution for Bitcoin. It is designed to improve the scalability and efficiency of ...

Security researcher and developer Antoine Riard is stepping down from the Lightning Network’s development, citing security issues and fundamental challenges to the Bitcoin ecosystem. According to a thread on the Linux Foundation’s public mailing list, Riard believes the Bi ...

Bitcoin layer-2 infrastructure firm Lightning Labs has released the mainnet alpha of Taproot Assets, a protocol aimed at enabling stablecoins and real-world assets to be issued on the Bitcoin and Lightning Network.The current version, Taproot Assets v0.3, will provide a “feature ...

José Luis Garcia is a coffee-lover and entrepreneur trying to make his mark in the city of Medellín — the birthplace of Colombia’s modern coffee industry. Since the October launch of his start-up Lightning Koffee, Garcia has two goals in mind: Make a decent c ...

Binance Lightning Network Surge in Growth, Becomes 14th Largest Node Recently, prominent Chinese reporter Colin Wu shared some noteworthy developments concerning Binance’s involvement in the Bitcoin Lightning Network. In the tweet, Wu cited info ...

Why The Creator Economy Needs To Run On Bitcoin This is an opinion editorial by Joël Kai Lenz, a professional content writer focused on Bitcoin and the Lightning Network, and host of the “Rabbit Hole Stories” podcast. I ...

Peer-to-peer Bitcoin (P2P) marketplaces remain an important cog in allowing users to move money across borders, but their future depends on becoming permissionless and unstoppable according to Paxful's Ray Youssef. Youssef, alongside Nicolas Gregor ...

The Lightning Network is a layer-2 solution built on top of the Bitcoin blockchain, and its primary objective is to address the Bitcoin network’s scalability issues. It also allows for faster and cheaper transactions by facilitating off-chain payments through a network of payment channels.&n ...

A Bitcoin (BTC) advocate based in Canada has “Zapped” 600 people a total of 300 satoshis ($0.09, or 0.000003 BTC) each in a Bitcoin-inspired social media experiment. To date, marketing executive Michael Degroot has doled out over $50 in Bitcoin to people around the gl ...

Bitcoin (BTC) surpassed the $30,000 resistance on June 21, or 40 days ago, after a notable 19.5% gain in a week. Since then, it has been moving within a range filled with occasional moderate corrections and BTC price trades near $29,300. While these consolidation periods are common in traditional ...

Cryptocurrency exchange Binance has completed the integration of the Bitcoin Lightning Network on its platform for BTC withdrawals and deposits.The development was confirmed by Binance in a July 17 blog post, where they noted that Binance users can now use the layer-2 scalin ...

Bitcoin (BTC) Lightning Network development firm Lightning Labs unveiled a new set of tools for artificial intelligence to send and receive BTC on the network’s layer-2 solution.On July 6, Lightning Labs announced the toolkit which helps enable AI applications such as OpenAI’s ...

Decentralized social media app Damus could face the axe from the Apple App Store over its Bitcoin (BTC) tipping feature.On June 13, the creators behind Damus shared a warning letter from Apple, which stated the app would be removed from the platform because of the “Zaps” featur ...

Long-time Bitcoin (BTC) advocate Jack Dorsey has found himself in a Twitter war with several crypto industry pundits after he responded with “yes” to a question asking if Ether (ETH) was a security.The comment caught the attention of Udi Wertheimer, a Bitcoin Ordinals developer ...

Based on the Lightning Network solution for the Bitcoin network, Strike payment platform announced support for USDT, the largest steblecoin, on various networks. According to Tether CTO Paolo Ardoino, users will be able to deposit and withdraw USDT, as well as pay with st ...

Provider Lightning Network will operate in 65 countries And will issue plastic cards with stabelcoins Payment company Strike announced plans to expand its global presence. They are moving their headquarters from Chicago to El Salvador, a country where bitcoin is ...

This news was received ambiguously because payments will now be able to be monitored by US regulators The Lightning Network has partnered with Chainalysis, Notabene and TRM Labs. ...

Lightning Labs has updated Taproot protocol It will allow the creation of BRC-20 tokens without network load Lightning Labs has proposed a solution to the growing load on the Bitcoin network. They've updated the Taproot Assets Protocol. ...

Transaction fees in the Bitcoin blockchain on Monday, May 8, exceeded $10,000 in some cases, with block 788762 setting the record for the day with a fee of $15834. The average commission per block on May 8 is, according to Bits.media's own service, ...

The idea is to connect decentralized stabelcoins and L1 coins to the Lightning Network ecosystem Founder Alexey Zamyatin talks about the project Yesterday, May 7, Interlay Labs founder Alexey Zamyatin announced the company's new project. The studio is developing ...

The Binance cryptocurrency exchange has suspended bitcoin withdrawals for the second time in a few hours due to network overload. To solve the problem, the exchange had to increase the withdrawal fee. On May 8, the Binance team warned users on Twitter that the exchange t ...

Block, the company behind the popular investment app Cash App, reported a marked increase in bitcoin sales through the app. For the first quarter of 2023, volumes reached $2.16 billion. Trading volume increased along with the recovery of the first cryptocurrency, but the ...

This API is for BTC and USD payments It sends transfers directly to dollar bank accounts Payment service Strike has added new APIs that make dollar and BTC payments over the Lightning network easier and faster. "Strike APIs can ...

Loss from the depreciation of digital assets dropped to $18 million The company has also significantly cut operating expenses The organization's BTC portfolio has a market value of just over $3.9 billion On May 1 yesterday, one of the largest BTC hold ...

El Salvador's government has unveiled a pioneering educational program that aims to equip university students with the expertise required to become proficient Bitcoin and Lightning Network developers. President Nayib Bukele has stated that the new curriculum will arm students with the knowledge a ...

Glassnode recently released data indicating that almost 50% of the total volume of bitcoins has been withdrawn from circulation and has remained dormant for over two years. This amounts to roughly 9.45 million BTC, which at current prices is worth approximately $270 billion. Additionally, near ...

The CEO of Coinbase has announced plans to incorporate The Lightning Network protocol into the trading platform's features, which will allow for faster and more affordable transactions. Brian Armstrong recently discussed the impending modifications to the Bitcoin Lightning Network on Coinbase aft ...

Xapo, a leading cryptocurrency custodial service and licensed bank, has joined forces with Circle to offer support for the USDC stablecoin and facilitate payments using it. This partnership is expected to result in the creation of a payment infrastructure similar to the SWIFT interbank transfer s ...

Xapo, the cryptocurrency bank, has joined forces with Lightspark to bring Bitcoin payments to its platform using the Lightning Network. According to the CEO of Xapo, Seamus Rocca, this partnership will enable the bank to be the very first licensed private bank to provide payments using the Lightn ...