Tagged: lightening network

Paolo Ardoino: CTO at Bitfinex Explains Why Lightning Network (LN) Will Enable Greater Crypto, DeFi Adoption

  The Bitcoin (BTC) Lightning Network was recently tapped to enable Twitter payments and as of last week, the number of nodes that are running the LN reached a record high, increasing around 105% since 2020. Only about a year ago, the Lightning Network had… Read More

P2P Bitcoin, Ethereum Exchange Paxful Integrates Lightning Network for Faster, Cheaper BTC Transfers

Paxful, an established and globally accessible P2P Fintech platform, reveals that it has performed an integration on the Lightning Network. More than 7 million Paxful users will now be able to “leverage the power of the Lightning Network, a system built on top of the… Read More

Bitcoin Sidechains: Sci-Fi Film Silhouettes Has Reportedly Integrated Liquid NFTs

In a “first” for the film industry and the Liquid Network (a sidechain-based settlement network for traders and exchanges, enabling faster, more confidential Bitcoin transactions), the feature film Silhouettes will reportedly be issuing tickets as non-fungible tokens (NFTs) on the Liquid Network, by “using the… Read More

BTC Lightning Network is Now Live on OKEx

Crypto exchange OKEx says the BTC Lightning Network is now live on its website. By utilizing Lightening, OKEx will be able to facilitate much faster and cheaper BTC transfers. OKEx users are now able to use the Lightning Network for both BTC deposits and withdrawals…. Read More

Lightning Network (LN) Security Vulnerability Discovered, Cryptocurrency Users Told to Upgrade Software Immediately

Lightning Network (LN) node operators that may be running LND versions released before the October 1, 2020 version 0.11 update are now being asked to immediately upgrade their software. This, after a potentially serious vulnerability was recently identified in the source code of the protocol…. Read More

Blockstream Launches Fifth and Final Bitcoin Satellite

The stubborn Bitcoin satellite-coverage hole over Asia has been closed. Blockstream, a California-based company dedicated to building out Bitcoin infrastructure, has launched the fifth of five planned satellites sent aloft to allow the world to transmit Bitcoin with or without Internet and/or the permission of… Read More

Twitter and Square CEO Jack Dorsey Says He Hopes Bitcoin Becomes the Internet’s Native Currency

The CEO of Square and Twitter, Jack Dorsey, has seemed to intimidate the importance of an imminently functioning fast settlement layer for Bitcoin if it is to become the Internet’s native currency. Dorsey was interviewed at the Consensus Conference May 16th in New York by… Read More

Lightning Network Enduring Sustained Attack By Friendly Hacker “BitPico”

The Lightning Network meant to help Bitcoin and Litecoin scale to handle more payments has been under sustained DoS (Denial of Service) attack emanating from an friendly anonymous source or sources known as “BitPico.” The attack began March 22, 2018, and BitPico took credit publicly… Read More

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