Nubank, Latam’s most valuable bank, has partnered with Lightspark, a cryptocurrency-focused financial services company, to bring its customers access to Lightning Network transactions. With this partnership, Nubank expects to lower costs and get more flexibility for users to take advantage of its trading platform, according to Thomaz Fortes, Executive Director for Nubank Crypto. Nubank to […]
Bitcoin News
Strike Expands Bitcoin and Lightning Services to the UK
Strike has announced its expansion into the United Kingdom. This move allows individuals and businesses in the UK to access Strike’s suite of Bitcoin and Lightning Network services. The features include buying, selling, sending, and withdrawing bitcoin, global payments, and more. The company’s founder, Jack Mallers, believes that bitcoin can solve some of the world’s […]
Bitcoin News
T-Mobile Owner Deutsche Telekom Unveils Bitcoin and Lightning Network Node Operations
This week at the BTC Prague conference, Deutsche Telekom’s subsidiary T-Systems MMS announced its operation of a Bitcoin node and a Lightning Network node. Deutsche Telekom, Europe’s largest telecommunications provider and the parent company of T-Mobile, also shared plans to mine bitcoin. BTC Prague Conference: T-Mobile Owner Operates a Bitcoin Node, Plans to Mine the […]
Bitcoin News
Bitcoin Well Launches Payments via Lightning Network in Canada
Bitcoin Well Inc., a non-custodial bitcoin platform, has announced the integration of the Lightning Network into its platform, enabling customers in Canada to instantly sell bitcoin from any personal Lightning Wallet. Bitcoin Well’s founder & CEO, Adam O’Brien, stated that this innovation enhances the speed, security, and cost-effectiveness of selling bitcoin, making it more user-friendly […]
Bitcoin News
Bitcoin Lightning Payments Service Provider, Ibex Pay, to Suspend US Operations
Ibex Pay, a payment rail that accepts Bitcoin payments via the Lightning Network, announced on May 15 that it will cease operations in the U.S. The payment firm stated that the suspension of services for the U.S. market will take effect on May 31, but did not provide reasons for the decision. The company is […]
Bitcoin News
Lightspark CEO David Marcus: Lightning Network Will Become the World’s ‘Interoperability Neutral Settlement Layer’
David Marcus, CEO of Lightspark, a company that offers lightning network (LN) related services, has stated that LN will become the “interoperability neutral settlement layer” for the world. Marcus declared that only Bitcoin is “neutral enough” to be implemented as the enabler between national payment systems, granting companies and institutions adopting it an edge for […]
Bitcoin News
Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network
Elizabeth Stark, CEO of Lightning Labs, stated that tokenized assets, such as stablecoins, are next to appear on top of the lightning network (LN), Bitcoin’s layer two scaling protocol. Stark highlighted the transformative possibilities of this upgrade, stressing that it would allow users to complete stablecoin payments leveraging affordable LN transaction fees. Lightning Labs CEO […]
Bitcoin News
Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels
Olaoluwa Osuntokun, co-founder and CTO of Lightning Labs, recently executed the first successful mainnet multi-hop asset payment using Taproot Asset channels, marking a new development in asset transfer capabilities over the Lightning Network. Asset Transfer Achieved on Lightning Network Using Taproot Channels The transaction, conducted by Osuntokun, involved a multi-hop payment using a digital asset […]
Bitcoin News
Bitcoin Lightning Network Infrastructure Provider Mash Is Shutting Down Its Current Version
In a recent announcement, Mash, a provider of Bitcoin Lightning Network infrastructure, has decided to shut down its current version. This comes nearly two years after Mash successfully closed a million seed round in June 2022 to build out its usage-based revenue model for content creators. All products and services will cease to function […]
Bitcoin News
Coinbase Announces Support for Bitcoin’s Lightning Network
Coinbase, a leading U.S.-based cryptocurrency exchange, has finally announced the implementation of the lightning network, a Bitcoin layer 2 scaling solution. Coinbase will now allow its users to take advantage of this scaling protocol to avoid paying high fees for Bitcoin transactions, enhancing the utility of crypto for customers using Coinbase’s services. Coinbase Adds Lightning […]
Bitcoin News