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Bitcoin Lightning Payments Service Provider, Ibex Pay, to Suspend US Operations
16.5.2024
Ibex Pay, a payment rail that accepts Bitcoin payments via the Lightning Network, announced on May 15 that it will cease operations in the U.S. The payment firm stated that the suspension of services for the U.S. market will take effect on May 31, but did not provide reasons for the decision....
Forget memecoins, Bitcoin is driving the bull run — NBX Warsaw
15.5.2024
The success of Bitcoin ETFs and the influence of the Bitcoin halving is having a significant impact on cryptocurrency markets
Lightspark CEO David Marcus: Lightning Network Will Become the World’s ‘Interoperability Neutral Settlement Layer’
13.5.2024
David Marcus, CEO of Lightspark, a company that offers lightning network (LN) related services, has stated that LN will become the “interoperability neutral settlement layer” for the world. Marcus declared that only Bitcoin is “neutral enough” to be implemented as...
Lightning Labs successfully tests Bitcoin blockchain stablecoins
13.5.2024
The developer of Bitcoin’s Lightning Network, Lightning Labs, has successfully tested a protocol intended to enable the issuance of stablecoins on the Bitcoin blockchain. Lightning Labs CEO Elizabeth Stark disclosed during her address at the Financial Times Crypto and Digital Assets Summit...
Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network
13.5.2024
Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of this upgrade, stressing that it would allow users...
Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels
10.5.2024
Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network. Asset Transfer Achieved on Lightning Network Using...
Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin
9.5.2024
Lightning Labs CEO Elizabeth Stark believes the new functionality brought by the Lightning Network Taproot Assets protocol will enable stablecoins on Bitcoin.
The post Lightning Labs Paving the Way to Bring Stablecoins to Bitcoin appeared first on Cryptonews
Stablecoins on Bitcoin coming soon, says Lightning Labs CEO
9.5.2024
Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto summit and teased a new development on Bitcoin’s leading layer 2
Bitcoin Lightning Network Infrastructure Provider Mash Is Shutting Down Its Current Version
8.5.2024
In a recent announcement, Mash, a provider of Bitcoin Lightning Network infrastructure, has decided to shut down its current version. This comes nearly two years after Mash successfully closed a $6 million seed round in June 2022 to build out its usage-based revenue model for content creators....
Bitcoin reaches one billion transactions
6.5.2024
An average of 178,475 daily transactions have been made on Bitcoin in its 5,603 day existence
Crypto Biz: The Bitcoin summer, Avalanche integrates with Stripe, and more
3.5.2024
This week’s Crypto Biz features the Lightning Network rollout on Coinbase, Avalanche integration with Stripe, MicroStrategy earning results and BlackRock’s new tokenized fund
Coinbase Announces Support for Bitcoin’s Lightning Network
2.5.2024
Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid paying high fees for Bitcoin transactions, enhancing...
Coinbase integrates Lightning Network for Bitcoin transactions
30.4.2024
The integration brings instantaneous transfers on the layer-2 Lightning Network to the world’s biggest Bitcoin exchange
Someone ‘shit in the jacuzzi’ — Bitcoiners furious after testnet griefing
30.4.2024
That “someone” — Bitcoiner Jameson Lopp — argues he was championing a much-needed fix to one of Bitcoin’s testnets
Former Openbazaar Dev Chris Pacia Blasts Lightning Network: Experts Knew It Would Work ‘Like Dog Sh*t’
29.4.2024
Chris Pacia, the former lead developer of the now-defunct decentralized marketplace Openbazaar, has criticized the process that led to the proposal of Bitcoin’s lightning network (LN) as a scaling solution. Pacia stated that technical experts lied to the mainstream audience in the blocksize...
Acinq to Withdraw Phoenix Wallet From US Markets Amid Regulatory Concerns
26.4.2024
On Friday, April 26, Acinq announced that its Lightning Network bitcoin wallet, Phoenix, will cease services for U.S. residents from May 3, 2024. This announcement followed closely on the heels of the Samourai Wallet indictment and what is perceived as a targeted U.S. government effort against...
The Lightning Network Is Beneficial For Small-Scale Bitcoin Miners Pre-Halving
18.4.2024
As the Bitcoin halving event draws near, small-scale miners face challenges like increased transaction fees and payout difficulties. The Lightning Network provides a solution, offering instant, low-cost payouts and enhanced privacy. Here's how mining pools like NiceHash and Braiins leverage...
Kryptoburza Coinmate nově podporuje platby přes Lightning Network
10.4.2024
Česká kryptoburza Coinmate zavádí rychlejší a efektivnější mikroplatby. Spouští podporu pro Lightning Network, která je druhou vrstvou nad bitcoin blockchainem, a slouží pro malé a opakující se platby. Reaguje tak na poplatky za transakce v blockchainu, které v důsledku růstu kursu bitcoinu rovněž...
Coinbase chooses Lightspark for Bitcoin Lightning Network
4.4.2024
Coinbase, a large and impactful industry leader, has chosen Lightspark to enable the Bitcoin Lightning Network on its platform, adding yet another feather to the company’s cap. Lightspark is amid technological integration with assistance from the Coinbase team. This coordinated effort results...
Coinbase Uses Lightspark for Bitcoin Lightning Transactions
4.4.2024
Coinbase Global has announced it will be using Lightspark to bring the Bitcoin Lightning Network to its network for faster and cheaper payment transfers.
The post Coinbase Uses Lightspark for Bitcoin Lightning Transactions appeared first on Cryptonews