Tagged: Lightning Network

Impervious.ai Finalizes Seed Round to Develop the P2P Internet Standard

Impervious Technologies Inc. is pleased to confirm the close of their seed financing round, with participation from Bitcoin and privacy-focused investors including CoinShares, NYDIG, Trammell Venture Partners, Fundamental Labs, Strategic Cyber Ventures, TEN-31 and others “to scale the Peer-to-Peer (P2P) internet standard.” As noted in… Read More

Fintech Strike Introduces Shopify Integration, Bringing Bitcoin (BTC) Lightning Payments to Merchants

Strike, which claims to be the leading virtual payments platform built on Bitcoin’s Lightning Network, recently announced its integration with Shopify, unlocking the ability for eligible U.S. Shopify merchants “to receive bitcoin payments from customers globally as U.S. dollars.” Jack Mallers, founder and CEO of… Read More

Kraken Is Supporting Instant Lightning Network Bitcoin (BTC) Transfers

Digital asset firm Kraken is pleased to confirm its support for Bitcoin’s Lightning Network, which is “now live for all clients.” Traders now have “an instant and inexpensive way to move Bitcoin on and off the platform.” Going on to explain why you may use… Read More

Gaming Fintech ZEBEDEE Integrates with Bipa, a Bitcoin Lightning Exchange Service for Brazilian Markets

Gaming Fintech ZEBEDEE recently announced a new integration with Bipa, a Bitcoin Lightning exchange service for the Brazilian markets. The integration makes converting Bitcoin earned in games into Brazilian reals and moving it into a Brazilian bank account “literally a matter of seconds.” It is… Read More

Bitcoin Payment Provider OpenNode Secures $20M Series A co-led by Twitter, Kingsway, Tim Draper, Others

Bitcoin payment provider OpenNode has finalized a $20 million Series A round that was led by U.K. firm Kingsway at a $220 million valuation in order support its international  expansion. Other participants in OpenNode’s investment round include Twitter, venture capital investor Tim Draper and Avon… Read More

NYDIG Subsidiary Bottlepay Now the First Lightning Firm to be a Registered Crypto-Asset Business with the UK’s FCA

NYDIG, a Bitcoin company, announced that its subsidiary Bottlepay, a Bitcoin-based international payments company, has been granted registration as a Cryptoasset Business from the United Kingdom’s Financial Conduct Authority (FCA). Bottlepay is one of a small number of crypto-asset companies to have secured this type… Read More

Bitcoin Microtransactions: Chainalysis Adds Support for Lightning Network as Layer 2 Payment Protocol Gains Considerable Global Adoption

Blockchain analysis firm Chainalysis recently announced product support for the Lightning Network (LN), which is a Layer-2 protocol built on the Bitcoin (BTC) blockchain that enables “faster, cheaper transactions.” With Lightning, small, recurring transactions that wouldn’t be economical to carry out on the blockchain due… Read More

Synonym Introduces the Architecture for a Self-Sovereign Bitcoin Economy Supported by Lightning Network

Synonym Software Ltd, a firm founded with the goal of bringing self-ownership and control to the crypto-asset ecosystem by “creating an open and free web of trust” has officially launched today (on November 16, 2021). As mentioned in an update shared with CI, the preface… Read More

Bitcoin (BTC) Taproot Upgrade Will Lead to Lower Fees, Improved LN Efficiency, Smart Contract Functionality: Report

On November 14th, 2021, block height 709,632, Bitcoin’s (BTC) Taproot upgrade was activated. This critical update brings with it several important enhancements to the overall flexibility, security, and efficiency of BTC transfers. And as Bitcoin’s first protocol upgrade in more than 4 years, it’s a… Read More

Blockchain Platform Qtum Discusses Benefits of Decentralization

Decentralization is one of the core tenets or value propositions of blockchain or distributed ledger technology (DLT). As explained in a blog post by Qtum (QTUM), decentralization is the process by which the “governance activities of an organization are distributed or delegated away from a… Read More

OKCoin, the First US Licensed Exchange to Support Lightning Network Deposits, Withdrawals, Introduces LN API

OKCoin is reportedly the only US-licensed exchange to provide Lightning Network (LN) enabled deposits and withdrawals, and they’re doubling down on their commitment to the LN with their support for the recent ShellHacks hackathon and with the introduction of their Lightning API. As noted in… Read More

Bitcoin (BTC) Improvement Proposals Schnorr Signatures, Taproot, Tapscript Ready for November 2021 Launch: Report

Digital assets firm Kraken notes that one of Bitcoin’s (BTC) biggest and most significant upgrades of all time is “just around the corner.” However, Kraken also mentions that very few people really understand its “potential impact.” Kraken Intelligence’s most recent report, titled “Taproot Primer: An… Read More

Bitcoin App Fold to Move To Lightning Network

Bitcoin rewards and payments app Fold has committed to moving to Lightning by the end of 2022 to support the growth of the Lightning Network. The Lightning Network (LN) is a second layer scalability protocol added to Bitcoin’s network that allows off-chain transactions, enabling near-instant,… Read More

Caleb James DeLisle: Co-founder at PKT Explains how they’ve Used Blockchain Tech to Pay Users for Contributing Unused Internet Bandwidth

CJDNS SASU, a French software R&D start-up in the PKT ecosystem, recently announced its funding agreement with NGI-LEDGER, a European Commission’s initiative that aims “to shape the development and evolution of the Internet.” The agreement secures funding for SafePKT, an initiative that aims to bring… Read More

Lightning Protocol Mitigates Bitcoin Network’s Deficiencies as High-Cost, Slow Settlement System like Visa does for Fed Reserve: Report

Bitcoin’s (BTC) usage growth during the last 10 years has been “strong” and “steady,” and on this journey, from its “humble” beginnings, the flagship crypto has progressed through various phases of “differing usage,” according to a new report from CoinShares. Starting as a “worthless geeky… Read More

Bitcoin and Blockchain focused Blockstream Introduces Latest Lightning Network Service, Greenlight

The team at Blockstream, which claims to be the global leader in Bitcoin and blockchain tech, notes that they’re pleased to introduce Greenlight, which is their latest Lightning Network (LN) service. Blockstream, which aims to make financial markets more efficient by reducing reliance on trust… Read More

Remittance Payments to El Salvador can be Improved by Using Bitcoin or Other Crypto Rails Instead of Regular Money Transfers: Report

Nate Maddrey and the other researchers at Coin Metrics have shared their latest State of the Network Report. Published on June 15, 2021, the report from Coin Metrics notes that on June 9, 2021, the El Salvador Congress introduced a bill that officially made Bitcoin… Read More

UK Fintech Bottlepay to Allow European Consumers to Perform Instant Bitcoin, Euros, GBP Payments

Bottlepay, an international payments app provider, has introduced its services across Europe, enabling clients to perform instant, cost-effective cross-border transactions with Euros and Bitcoin (BTC). The Bottlepay app leverages the Lightning Network (LN), a layer-2 Bitcoin payments scalability solution, in order to conduct faster transfers…. Read More

Elizabeth Stark from Lightning Labs Reveals how her Firm Is Developing Second Layer Scalability Solutions for Bitcoin

Crypto exchange OKCoin confirms that they recently became one of the first digital asset trading platforms to implement the Lightning Network (LN), which is a layer-two scaling solution enabling the faster and more efficient transfer of BTC. OKCoin has awarded a new grant to Bitcoin… Read More

Digital Asset Yields or Interest Rates are Significantly Higher on Centralized Finance Platforms Compared to DeFi: Report

As the digital asset market approaches the end of 2020, Kraken Intelligence (part of US-based cryptocurrency exchange Kraken) has released a report titled, “Crypto Yields – A Simple Breakdown.” The report notes that interest rates on “risky opportunities” are a function of a “risk-free” rate… Read More

Send this to a friend