Lightning Network
Africa Moves to Lightning Network, Stablecoins Amid Soaring Bitcoin Transaction Fees
Bitcoin (BTC) users in Africa are increasingly moving to the Lightning Network and stablecoins as transaction fees have soared to their highest level in nearly two years. "The Hash" panel discusses the potential repercussions of BTC's fee spike and the path ahead to widespread crypto adoption.
Amboss Technologies CEO on Bitcoin Lightning Network Outlook
Amboss Technologies co-founder and CEO Jesse Shrader discusses the company's latest $4 million seed funding raise and mission to incorporate a social layer and identify Lightning Network nodes. Plus, Shrader's outlook on the mainstream adoption of the Lightning Network.
Le service de grève de Jack Mallers, Send Globally, s'attaque aux transferts de fonds Bitcoin-Fiat
Le nouveau service basé sur Lightning offre aux travailleurs étrangers un nouveau moyen d'envoyer leur salaire chez eux rapidement et à moindre coût. C'est pourquoi Send Globally est ONEun des projets à surveiller de CoinDesk en 2023.
Zebedee Co-Founder on Global Payment Service Powered by Bitcoin’s Lightning Network
Bitcoin gaming and payments company Zebedee has debuted a payment feature on its app that allows users to instantly send any amount of money to five jurisdictions, including the Philippines and Brazil, for little to no cost using Bitcoin’s Lightning Network. Zebedee co-founder and CTO André Neves breaks down the new feature and future growth plans.
Jack Dorsey's Block Launches Service Provider to Make Lightning More Reliable
TBD, a division of Jack Dorsey's financial-technology company Block, has launched a new business entity named “c=” that focuses on improving liquidity and routing on the Lightning Network. CoinDesk Editor at Large Christie Harkin breaks down its significance to Bitcoin’s layer 2 scaling system.
Strike Extends Bitcoin Lightning Network-Powered Remittances to Philippines
Digital payments firm Strike is expanding its international money transfer service that runs on Bitcoin’s Lightning Network to the Philippines to tap into the country’s remittance market, which is one of the world’s largest. "The Hash" hosts discuss what this means for the future of bitcoin payments and crypto's use case as a potential tool for financial freedom.
Bitcoin Steady at $17K Ahead of Fed Decision; The Lightning Network's Potential Privacy Upgrade
CoinDesk Markets Managing Editor Brad Keoun weighs in on bitcoin's stagnant price action in December, along with news of Sen. Cynthia Lummis calling ether a security. Plus, CoinDesk Tech Managing Editor Christie Harkin discusses how protocol-based solutions like BOLT-12 could improve privacy for Bitcoin's Lightning Network.
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Michael Novogratz-led crypto-focused financial services firm Galaxy Digital plans to cut at least 20% of its global workforce. Convertible bond holders of BTC miner Core Scientific are in talks with restructuring attorneys at Paul Hastings. South Africa's leading supermarket chain Pick n Pay is now allowing BTC payments via Lightning Network-enabled apps. A poll from Grayscale reveals fears over inflation have translated to a growing interest in crypto for a quarter of voters surveyed.