lightning
IRS Criminal Investigations Puts $625,000 Bounty on Monero Privacy Crack and BTC Lightning Network Tracker
IRS Criminal Investigations have put a $625,000 bounty on the heads of Monero (XMR) privacy and BTC Lightning Network (LN) transactions.
Bitcoin Lightning Network Would be Practical for Small Payments than Debit Cards, Morgan Stanley Says
The Bitcoin Lightning Network attracts fees close to zero, so it becomes more practical to use it when undertaking small payments than a debit card, according to leading investment bank Morgan Stanley.
Shopify Inks Deal with Strike, Enabling Bitcoin Lightning Payments
Merchants on Shopify, a global e-commerce giant, will have the option of receiving Bitcoin off-chain payment through the Bitcoin Lightning Network after sealing a deal with Strike.
El Tor Enhances Tor Network with High-Bandwidth Bitcoin Lightning Integration
El Tor leverages Bitcoin Lightning Network to boost Tor's bandwidth, security, and decentralization. Users earn Satoshis by hosting Tor relays. Future plans include expanding the Directory Server and launching a testnet.
Wavlake Revolutionizes Music Streaming with Bitcoin Lightning Network
Discover how Wavlake leverages Bitcoin Lightning Network to enable direct payments from fans to artists, bypassing traditional financial intermediaries.
Bitfinex Celebrates 12 Years of Innovating in Bitcoin and Digital Finance
Bitfinex marks its 12th anniversary, highlighting its role in advancing Bitcoin technology and digital finance, with a focus on innovations like Lightning Network support and tokenized securities.
Lightning Labs and Tari Labs agree to halt Taro protocol development
Lightning Labs and Tari Labs agreed to halt the development of the Taro protocol, after a temporary restraining order was converted into a preliminary injunction by the courts. The order was issued due to Tari Labs' claims that the name Taro infringed on its trademark rights. Lightning Labs is now unable to update or announce any milestones of the protocol until a court decision is reached.
TBD's Block Launches c= to Enhance Bitcoin Lightning Network
TBD, a division of Block, has launched c=, a venture aimed at improving the Bitcoin Lightning Network by providing added liquidity and routing services. The Lightning Network is a layer 2 payment network designed to make Bitcoin more accessible through faster, cheaper, and more reliable transactions.
Major Strip Club in Las Vegas Crazy Horse 3 Accepts Bitcoin as Payment
Las Vegas-based adult strip club Crazy Horse 3 has announced the acceptance of bitcoin as a payment method, aiming to provide customers with a more private way to enjoy facilities and services.
Coinbase to Integrate Bitcoin's Lightning Network: A Deep Dive
Coinbase plans to integrate the Lightning Network (LN) as a secondary payment layer to enhance Bitcoin's transaction efficiency and cost-effectiveness. LN addresses scalability issues by enabling off-chain transactions, reducing fees and processing times, and promoting Bitcoin's mainstream acceptance.
Blockstream's Greenlight Officially Launches, Promising Simplified Lightning Operations
Blockstream has officially launched Greenlight, a Lightning-as-a-Service (LaaS) solution, aimed at alleviating the operational challenges of managing Lightning network nodes while enhancing security. The service, revealed in June and launched on October 12, 2023, allows developers to retain key control, reducing risks and freeing up essential resources for core business operations. Greenlight offers a blend of convenience and self-custody, making it a noteworthy advancement in the blockchain and Lightning network domain.
Coinbase CEO Brian Armstrong hints at Lightning integration
Coinbase CEO Brian Armstrong has hinted that the cryptocurrency exchange may integrate Lightning, a layer 2 scaling solution for Bitcoin. Armstrong did not provide any further details on the potential integration, which would make Coinbase one of the largest trading platforms to adopt the technology.
Gamers in Africa Can Earn Bitcoin While Playing Classic Titles
Zebedee has partnered with Bitnob to allow African gamers to earn Bitcoin while playing classic games such as Counter-Strike. The Bitcoin Lightning Network will allow game developers to replace in-game points with Bitcoin, which can then be converted to local currencies.
Bitcoin Scarcity Scales the High as Illiquid Supply Hits 85% in the Last Three Months
92% of Bitcoin supply hasn't moved in at least 30 days and 85% of this has been immobile for at least 3 months.
Bitcoin Flips Visa Again
Bitcoin (BTC) market valuation surpassed Visa's after a near 50% price increase in 2023. BTC has "flipped" the payment giant three times.
Elon Musk: Lightning Network Needed to Fix Scalability Problem in Bitcoin Network
Elon Musk urges that layer-2 payments Lightning Network is essential to offer the required bandwidth for Bitcoin transactions to solve its scalability problem.
New Bitcoin Lightning Network Vulnerability Exposed: The Replacement Cycling Attack
A new vulnerability termed as "replacement cycling attack" on the Lightning Network has been unveiled by a developer known as mononaut. The attack manipulates the transaction mechanism of the network, potentially causing financial loss to users. This revelation has led to the resignation of security researcher Antoine Riard from the Lightning Network development team. Despite the challenges, the network's locked-in value stands at $159.5 million, indicating its growing popularity since 2018.
BlueWallet is Sunsetting Its Lightning Node Connection to Lndhub
Don't worry—BlueWallet is just another step toward self-custody and lightning nodes.
Block's Cash App Bitcoin Revenue Falls 7%
Jack Dorsey's Block Inc. reported a 7% reduction in Bitcoin sales in Q4, with its Cash App producing $25 million of BTC gross profit, down 25% YoY.
Australian Bitcoin ATMs Demonstrate Lightning Network
Coolangatta has its first Lightning Network-enabled Bitcoin ATM. Bitcoin Lightning ATMs operate like regular Bitcoin ATMs but faster. Crypto ATMs number 38,602, with 6,071 added in 2022.
Binance Announces Integration of Bitcoin Lightning Network for Enhanced Transaction Efficiency
Cryptocurrency exchange giant Binance has announced its plans to integrate the Bitcoin Lightning Network for deposits and withdrawals. The move aims to improve transaction efficiency and provide users with a faster and more cost-effective experience.
Strike Secures $80m in Funding to Propel Instant Bitcoin Payments
Strike raised $80 million in funding to revamp BTC payments for top financial institutions, marketplaces, and merchants.
Bitcoin Hodlers are Unwilling to Spend at Lower Prices as Most Coins Remain Untouched
Despite the bearish momentum experienced in the Bitcoin (BTC) market, long-term hodlers remain steadfast because they are not selling.
5 Ways The Crypto Market Has Changed In 2020
The cryptocurrency market is constantly evolving. Among new investment methods, new technologies, and new cryptocurrencies altogether, these are some of the most prominent developments in 2020.
Bitcoin Lightning Network Capacity Breaches 3,000 BTC for the First Time
The Bitcoin Lightning Network has been seeing an uptick in activity because it crossed the 3,000 BTC capacity for the first time.
Bitcoin Lightning Network Hits ATH, Signalling Heightened Grounds for Adoption
The Bitcoin Lightning Network continues going through the roof by making historic highs.
Bitcoin Supply on Exchanges Slip to Lows Last Seen in May 2019 Amid the Lightning Network Recording Exponential Growth
Bitcoin (BTC) supply on crypto exchanges has been nosediving because it hit a 28-month low.
Bitcoin’s Lightning Network Capacity Crosses 5,000 BTC Benchmark
The capacity of Bitcoin’s lightning network has crossed the 5,000 BTC benchmark, data shows.
Bitcoin's Taproot Upgrade Goes Live: Here are Expected Changes
The Bitcoin Network's Taproot Upgrade has gone live at a block height of 709,632.
Cash App Introduces Bitcoin Transactions via Lightning Network
The payment processing app created by Block Inc, Cash App, has now accepted bitcoin transactions, enabling users to both send and receive Bitcoin via the lightning network.
Is Bitcoin on the Verge of Forming the Bottom?
The Long-Term Holder NUPL (LTH-NUPL) indicator shows Bitcoin’s bottom is forming since it is at the same level as the past two significant pullbacks of 2021.
Bitcoin Remains Bullish Based on the Formation of an Ascending Channel
The formation of a parallel channel on the daily chart suggests BTC can still drop to $57,000-$54,000 to then rebound towards $75,000, according to analyst Ali Martinez.
Bitcoin Lightning Network Goes Parabolic after Hitting ATH Capacity of 2,738 BTC
The Bitcoin lightning network has been experiencing an uptick, given that its capacity recently reached a record high of 2,738 BTC.
Bitcoin Hits a 2-Month High as BTC Lightning Network Scales the Heights
After surging past $31,000, a scenario was last seen in March, momentum seems to be ticking in the Bitcoin market.
Bitcoin Lightning Network Continues to Gain Steam, Hitting Historic Highs of 3,436 BTC
After crossing the 3,000 BTC capacity for the first time in October 2021, the Bitcoin Lightning Network does not show signs of slowing down as its upward quest continues.
NYDIG Launches Wolf an Accelerator for the Lightning Network
NYDIG's parent company, Stone Ridge has launched a new accelerator designed for the Lightning Network
Liquid Network: The Platform for the Fastest Bitcoin Transactions?
Samson Mow is an entrepreneur and marketing strategist who is currently serving as the Chief Strategy Officer at Blockstream. In Part 2 of the interview, Samson unmasked the power behind Liquid Network, how Liquid transactions work and c-lightning on Liquid. He also shared the latest initiatives of Blockstream and his personal take of Bitcoin in 2020.
5 Legendary Investors Share Their Predictions About Bitcoin Prices
Bitcoin is emerging with the speed of lightning due to the rapid rise of technological advancements. What Bitcoin predictions have leading figures in the industry made?
TrustSwap's SmartLocks Service Locked Up Four Times More than Bitcoin LN
TrustSwap, a DeFi platform dedicated to enabling the execution of timed token purchases, recently announced that its SmartLocks service has officially locked over four times more value than the Bitcoin Lightning Network. While this is a major achievement on its own, it is only one of TrustSwap's many different services and it shows the potential that the project has to dominate the DeFi sector.
Blockstream Samson Mow on Scalability: Bitcoins are Tanks while Altcoins are Bicycles
Towards the end of 2017, the cryptocurrency market was in a state of delirium. Bitcoin set record price after record price and reached a peak of around $20,000 USD per token. During this market frenzy, a huge issue long-suspected by educated developers was finally revealed—the bitcoin network had become overloaded and was running against the limits of its capacity, unable to scale beyond seven transactions per second.
Sparkswap Decentralized Exchange Shuts Down Citing Low User Volume
The decentralized exchange, Sparkswap which is backed by Pantera Capital has made an announcement that it is going to shut down permanently. The announcement came from the editor of Sparkswap exchange, Trey Griffith who attributed the shutting down of exchange to the low and weak user base of the exchange.
Bitcoin Purchase Made Possible By Dropbit Through Apple Pay and Google Pay
It is now possible to purchase Bitcoin on Dropbit wallet through Apple Pay or Google Pay. This news was announced in a Medium post by Coin Ninja on November 5. Prior to this announcement, Dropbit was only used to send and receive Bitcoin, which can be done by using just the phone number of the recipient.
Hong Kong Protests Powering Through Bitcoin Adoption
The Hong Kong protests, which has now entered its 12th week, affected Hong Kong’s economy, including the property market, stock exchange, shop owners, and banks.
Twitter CEO: Bitcoin is a Prime “Currency of the Internet” Candidate
The founder and CEO of Twitter, Jack Dorsey has said that he has not considered creating a native coin for his own social media platforms like the Libra which Facebook had expressed intentions of unveiling as a "new global currency" in June targeting a launch in Q1 of the year 2020.
Miss Finland: Most Women Stay Away From Bitcoin Because of Its Risk
Miss Finland a strong female supporter of cryptocurrency says that women tend to stay away from Bitcoin due to its high-risk level, hence its low popularity among women.
Hacking 101: Security of Bitcoin Wallets, From a Hacker's Point of View
The safety of crypto wallets was recently questioned, after an incident where a Bitcoin address was successfully hacked.
Bitcoin Economy Gives El Salvador Village Hope Amidst COVID-19
Despite being heavily impacted by the COVID-19 pandemic, a small beach town in El Salvador, dubbed El Zonte, have strived to keep their economy afloat with the integration of Bitcoin as a digital currency.