Category: Lightning Network

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Cash App Launches ‘Paid in Bitcoin’ Function, Adds Lightning Transfers

  Cash App, the mobile payments app developed by the Jack Dorsey-led payments firm Block, Inc., announced three new bitcoin functions today, including a new way to receive bitcoin (BTC) payments via the Lightning Network. Speaking at the Bitcoin 2022 conference in Miami on Thursday, Miles Suter, Crypto Product Lead at Cash App, said that…
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Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning

On April 6, one of the largest cryptocurrency payment platforms in the world, Bitpay, announced the Atlanta-based company has integrated bitcoin payments via the Lightning Network. According to the announcement on Wednesday, the youth-focused American retail clothing brand Pacific Sunwear (Pacsun) will be the first merchant to leverage Bitpay to accept Lightning Network payments. Payment…
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Sky Mavis Raises USD 150M, HSBC & Metaverse, BitPay Adds Bitcoin Lightning Network + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Sky Mavis Raises USD 150M, HSBC & Metaverse, BitPay Adds Bitcoin Lightning Network + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Bitcoin transaction fees hit decade lows, here’s why

The cost of moving Bitcoin across the network has hit decade lows as Lightning Network, batching, miner behavior and protocol improvements have driven costs down. It’s a great time to move Bitcoin (BTC) between wallets and exchanges. Bitcoin transaction fees have hit all-time lows in BTC, according to research by Galaxy Digital.  #bitcoin fees are…
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Visa should be ‘scared’: Lightning Labs raises $70M to add stablecoins

The firm has built a new protocol called Taro to enable stablecoins to be sent and received on the Bitcoin Lightning Network. Bitcoin software firm Lightning Labs has secured a large funding round enabling it to further develop the Lightning Network for faster, cheaper Bitcoin and stablecoin transactions. The $70 million Series B funding round…
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New Bitcoin’s Chance to ‘Bitcoinze the Dollar’, Crypto Seizures + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: New Bitcoin’s Chance to ‘Bitcoinze the Dollar’, Crypto Seizures + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

US grassroots adoption: the Bitcoin Lightning party in Portland

A grassroots Bitcoin Lightning festival in Portland, U.S. demonstrated that the Lightning Network is the perfect companion for payments. There is “grassroots evidence” that “America is adopting Bitcoin,” according to Clay Graham, founder of Rapaygo and a Bitcoin Lightning Network (LN) enthusiast.  At a Bitcoin Lightning festival held in Portland, United States over the weekend,…
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Bitcoin veteran tricks crypto scammer into learning Lightning

A Bitcoiner called Felix Crisan outfoxed a crypto scammer, getting them to set up a Bitcoin Lightning Wallet before putting them in their place. There’s poetic justice to scammers getting beat at their own game. A cryptocurrency scammer met their match when trying to trick Bitcoiner Felix Crisan into sending them Tether (USDT).  The scammer…
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Bitcoin transaction fees briefly doubled yet remain exceptionally low

The cost of sending Bitcoin from one address to another has stayed exceptionally low since July 2021 despite spiking in price last week. Got some Satoshi to send or Bitcoin (BTC) wallets to reorganize? It’s increasingly cheap to do so. According to an Arcane Research report, Bitcoin “transaction fees have stayed low since July 2021,…
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Japanese Gaming Giant Enters Metaverse, BitBank Adds Lightning Amid Crypto Tax Reform Call

  As the Japanese crypto scene is sending more signs of adoption and investments, a blockchain business leader is calling for a crypto tax laws reform. Here’s what recently happened in the Land of Rising Crypto Sun.    … Read More: Japanese Gaming Giant Enters Metaverse, BitBank Adds Lightning Amid Crypto Tax Reform Call  Read…
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