Category: Lightning Network

Bitcoin transactions fees in US dollars near all-time high levels

April 20, 2021

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The latest spike in BTC transaction fees comes amid a major decline in the Bitcoin network hash rate. 7368 Total views 43 Total shares Bitcoin (BTC) transaction fees measured in United States dollars are near 2017 levels amid a massive hash rate drop on the Bitcoin network. According to data from several Bitcoin monitoring resources, […]

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OKEx Exchange to Integrate Bitcoin’s Lightning Network for Faster, Cheaper Transactions

February 2, 2021

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High on-chain fees and transaction times for bitcoin can be off-putting to users, the exchange said. (Rawpixel) Feb 2, 2021 at 3:50 p.m. UTC OKEx Exchange to Integrate Bitcoin’s Lightning Network for Faster, Cheaper Transactions Cryptocurrency exchange OKEx says it will integrate the Lightning Network, a Layer-2 bitcoin payments technology, in the second quarter of […]

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OKEx to accelerate Bitcoin transactions with Lightning Network

February 2, 2021

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As Lightning Labs continues to expand the Lightning Network’s capabilities, another major exchange announces its plans to integrate. 3563 Total views 19 Total shares Global cryptocurrency exchange OKEx is moving to cheaper and faster Bitcoin (BTC) transactions with its upcoming Lightning Network integration. According to a Feb. 2 announcement, OKEx’s Bitcoin Lightning Network will be […]

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OKCoin to Integrate Bitcoin’s Lightning Network in Q1

January 22, 2021

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The feature, added to alleviate fee pressure during Bitcoin’s bull market, could be live within a month’s time. Jan 22, 2021 at 2:00 p.m. UTCUpdated Jan 22, 2021 at 3:44 p.m. UTC OKCoin to Integrate Bitcoin’s Lightning Network in Q1 OKCoin is the latest crypto exchange to support Bitcoin’s Lightning Network. Per details shared with […]

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Visa-backed Bitcoin startup to launch Lightning-based global payments app

January 7, 2021

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Zap is announcing Strike Global, a Bitcoin payments app for global remittances. 11905 Total views 44 Total shares Zap, a Lightning Network payments startup backed by Visa through its Fintech Fast Track program, announced on Wednesday the rollout of Strike Global, a payments and remittances app using the Bitcoin layer-two technology. An announcement by CEO […]

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Statechains Scaling Solution Offers New Potential for Bitcoin Privacy

December 30, 2020

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Statechains Scaling Solution Offers New Potential for Bitcoin Privacy London-based startup CommerceBlock has revealed that they are working on a new tool for boosting Bitcoin privacy. Their new Mercury Wallet tests the new technology and, if all goes well, will soon put it into practice. The privacy tool uses statechains, a layer currently being built […]

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Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin

December 29, 2020

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Dec 29, 2020 at 2:00 p.m. UTCUpdated Dec 29, 2020 at 2:11 p.m. UTC Russell Okung of the Carolina Panthers(Jonathan Bachman/Getty Images) Panthers’ Russell Okung Becomes First NFL Player to Be Paid in Bitcoin “Pay me in bitcoin” has come true for National Football League player Russell Okung. Some 20 months and a 273% price increase […]

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Binance enables SegWit support for Bitcoin deposits as adoption grows

December 25, 2020

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Traders on Binance can now deposit and withdraw to SegWit (bech32) addresses. 24624 Total views 27 Total shares Binance, one of the world’s largest cryptocurrency exchange by volume, has incorporated Segregated Witness, or SegWit, support for Bitcoin (BTC) deposits.  The SegWit support was extended to deposits on Christmas Eve, Binance said in an official statement. […]

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Kraken announces Lightning Network integrations for 2021

December 16, 2020

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Kraken will integrate the Lightning Network to support instant Bitcoin transfers and reduced withdrawal fees. 2254 Total views 13 Total shares Major United States-based cryptocurrency exchange Kraken has announced on Wednesday that it will integrate the Bitcoin Lightning Network in 2021. Kraken emphasized that the integration will drive significant improvements in speed and fees, claiming that […]

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Lightning Operators Are Bracing for a Bitcoin Bull Run

November 5, 2020

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Nov 5, 2020 at 14:23 UTCUpdated Nov 5, 2020 at 14:38 UTC Lightning Operators Are Bracing for a Bitcoin Bull Run With the price of  bitcoin jumping to fresh 2020 highs last month, those running the digital currency’s underlying infrastructure are pondering the consequences. Namely, the routing node operators at the heart of Bitcoin’s Lightning […]

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