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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...
Are Bitcoin Developers Losing Faith in Lightning?
2.4.2024
High-profile defections, and ongoing criticism from the community, paints a picture of a much-hyped scaling project running out of steam. But bitcoiners have always been critical of the leading scaling solution
The Bitcoin Halving Could Accelerate Consumer Adoption of BTC
26.3.2024
From Rollups to Sidechains, L2 Watch Catalogs Dozens of Bitcoin Layer 2 Solutions
23.3.2024
In recent years, attention towards layer two (L2) scaling solutions for Bitcoin has persisted, though bitcoin capacity in the Lightning Network has seen a decline. In recent years, other varieties of L2 solutions have emerged, capturing the attention of the crypto community. On March 19, 2024,...
Bitcoin-Focused Payments App Strike Rolls Out Services to Africa
27.2.2024
Bitcoin-focused payments firm Strike is expanding its services to African countries including Nigeria, South Africa and Zambia, the company announced in a blog post Tuesday
Former NFL Star Russell Okung’s Crypto Adoption Comments Ignite Bitcoin vs. Stablecoins Debate
21.2.2024
Comments on Lightning Network adoption, made by Russell Okung, a former NFL star who is among the first to receive part of his salary in crypto, sparked a discussion that highlighted the opposing opinions of the crypto community about the usage of bitcoin and stablecoins in emerging markets....
Your Wet iPhone Rice Trick Sucks, Apple Says
20.2.2024
Saving a wet iPhone by putting it in a bowl or bag of uncooked rice has been a popular go-to rescue method for years, with the logic being that the rice absorbs the excess water from the phone. However, the God of iPhones has recently warned poor mortals against resorting to rice in these...
FixedFloat Hit by $26M Crypto Heist: Bitcoin and Ether Stolen
19.2.2024
The automated DeFi exchange, FixedFloat, was targeted in a hacking incident that resulted in the loss of 409 Bitcoin (valued at approximately $21.3 million) and 1700 ETH (worth around $4.9 million). This breach was reported by the blockchain cybersecurity Twitter account Officer’s Notes, under...
Breez Wallet Shows Offline Lightning Network Payments Solution
30.1.2024
Breez Wallet, a Lightning Network (LN) focused wallet, has shown an implementation that allows users to receive LN payments without being online. The service, which will be included in an upcoming non-custodial wallet app, leverages the wallets’ own SDK using mobile notifications to receive...
Which Is the Best Self-Custody Lightning Wallet?
26.1.2024
Bitcoin educator Anita Posch tested the Blixt, Green, Mutiny, Phoenix and Zeus Lightning wallets while traveling in Zimbabwe
Bitcoin Could See Growth in Layer-2 Ecosystem, Drawing on Ethereum's Experience: Report
18.1.2024
The report by Singapore-based blockchain investment Spartan Group and Kyle Ellicott details how these auxiliary networks have drawn a page from the Ethereum blockchain's playbook, and could spring up as demand grows for blockspace on Bitcoin
Study: Only 6% of Crypto Exchanges Integrated the Lightning Network
3.1.2024
A new research study has partly attributed the growth in the use of bitcoin “as a transactional layer” to the increased number of crypto platforms that have joined the Lightning Network ecosystem. The study however found that just over 6% of centralized crypto exchanges have...