Binance Announces Integration of Bitcoin Lightning Network
Binance, the world’s largest crypto exchange, reveals plans to integrate the Bitcoin Lightning Network, aiming to improve withdrawal speeds and user experience.
bitcoin lightning network
Pick n Pay Embraces Bitcoin at 1,500 Stores Nationwide
After a three-month period, South African supermarket chain Pick n Pay has accepted Bitcoin payments over the Lightning Network on a national scale.
Blackhawk To Integrate BTC Lightning Network Next Year
One of the behemoth payment and tech providers in the world, Blackhawk, has plans to integrate Bitcoin`s Lightning Network into their system early next year.
S.Africa’s Pick n Pay to Accept BTC and Lightning Payments
The Bitcoin payment test that was carried out at a chosen Pick & Pay store was revealed in a statement by the payment software development company, Electrum.
MicroStrategy is Seeking Bitcoin Lightning Engineer
A current job itemizing has revealed that Microstrategy is on a hunt to search out an engineer for its Lightning Community-based merchandise: reports.
Through Bitnob, 50M Kenyans Can Now Transact Bitcoin
Bitnob exchange has already launched in Kenya. Over 50M Kenyans can now receive payments through Lightning. There were earlier warnings of crypto volatility by the central bank of Kenya. According to their source, Bitcoin Magazine, Bitcoin Exchange ‘Bitnob’ has already launched its operations in Kenya. The Integration with the M-Pesa network now allows more than 50 million Kenyans to quickly transfer and receive payments using Lightning from their phones. After a one-time setup on the app, users may transfer money between Lightning wallets and M-Pesa without the receiver having to do anything. They have the option of receiving bitcoin or
MicroStrategy works on onboarding people to Lightning
Saylor has revealed that the software company is enterprise applications of Lightning. MicroStrategy’s rise was thanks to the hard work of Michael Saylor. Several crypto exchanges have started to utilize the Lightning Network. Bitcoin evangelist Michael Saylor and his business intelligence firm MicroStrategy is undertaking a new project to spearhead the adoption of Bitcoin. On Saturday, September 3rd, the MicroStrategy executive chairman spoke at the Baltic Honeybadger conference in Riga, Latvia. He stated that the company is working on a solution to allow easy access for Lightning Network newcomers. The Lightning Network is the Layer-2 scalability platform for Bitcoin that
Lightning Network Rise in Capacity Amid Bear Takeover
The lightning network continues to accelerate amid the ongoing crypto downtrends. The average channel size is now 0.088 BTC or $3,290. The network will be needed to grow faster to attain its mainstream objective. The constant growth of the Bitcoin Lightning Network (LN) continues to accelerate after attaining another milestone undeterred by the ongoing crypto bear market. In particular, the Lightning Network’s total capacity in public channels has hit 4,290 Bitcoin, an increase of 34.6% and +1,102 BTC after Bitcoin’s price recorded the last all-time high of almost $68,000 in November last year. As of writing, the 4,290 BTC stored
Lightning Network Capacity Hits a New All-Time High
LN is a payment protocol that enables near-instant, low-cost Bitcoin transactions. More people are starting to use the network for real-world Bitcoin transactions. The average cost of a Bitcoin transaction has dropped recently. The Lightning Network, a “layer 2” payment protocol that enables near-instant, low-cost Bitcoin transactions, has seen its capacity reach a new all-time high. As of October last year, the network’s total capacity was 574.63 BTC — worth approximately $2.9 million at current prices according to data from 1ML.com, a website that tracks Lightning Network node and channel information. This is the highest total capacity the Lightning Network
Lightning Network’s Strike to Launch in Over 50 Countries in 2022
The Bitcoin Lightning Network is launching Strike in over 50 countries this year. Strike is already gaining a huge number of users in a matter of days since its launch. The Network is more than ready to handle this huge influx of users. Excitement for Bitcoin Lightning Network’s — Strike, is through the roof. In detail, the platform is set to launch in over 50 countries this year alone. Presently, Twitter is in a total buzz over the arrival of Strike. To specify, Strike is an app that will give users a simple and easy-to-use platform to buy and sell
Cash App Now Allows People to Use Bitcoin via Lightning Network
Cash App has now integrated Bitcoin payments into its app through the Lightning Network. The recent update will enable more than 30 million users to pay for services or money transfer through Bitcoin. On the other hand, Bitcoin failed to breach the $45,500 resistance level. Mobile payments platform Cash App recently announced that it has integrated the Bitcoin Lightning Network. This means that more than 30 million of its users will now have access to Bitcoin payments via the Lightning Network. To be clear, customers can pay using Bitcoin to stores that enable the use of the Lightning Network. Meanwhile,
Bitcoin Lightning Network Surges, Thanks to El Salvador
Bitcoin’s Lightning Network capacity has surged, which is now 3,225 BTC. The surge occurred since El Salvador started adopting Bitcoin as legal tender. Bitcoin price is currently at $59,300, according to CoinGecko. The Bitcoin Lightning Network capacity has reached a new all-time high (ATH) of 3,225 BTC. According to Arcane Research, the surge is due to El Salvador’s adoption of Bitcoin as a legal tender alongside the US dollar. While the network has been on a continuous hike, El Salvador’s impact has been very pivotal to sustain the momentum. Within the country, businesses are starting to integrate Bitcoin as one
