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Tag Archives: Lightning Network

Strike Brings Lightning-Based Remittance Payments to Africa

Bitcoin payments platform Strike has now expanded to Africa, enabling instant and low-cost remittances to the continent by leveraging its new “Send Globally” feature. The tool, available to all American Strike users, will offer initial coverage to Nigeria, Kenya, and Ghana.  Bringing Bitcoin to Africa As announced by Strike on Tuesday, the feature was launched in partnership with the African Bitcoin company Bitnob. Within the app, U.S.-based Strike users can immediately send...

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Emergency Hotfix Deployed to Prevent Disruption to the Lightning Network

After the recent v0.15.3. update to the Lightning Network, a critical security vulnerability was discovered by independent cybersecurity researchers that would potentially allow bad actors to stop lnd nodes from parsing transactions. A Lightning Network Daemon (lnd) is a full implementation of a Lightning Network Node, along with the services and plug-ins that allow it to connect to the rest of the Lightning network, a Layer-2 blockchain for Bitcoin that enables smart...

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Lightning Network Transfers are Now Fully Available On CashApp

CashApp is now fully compatible with the lightning network for sending and receiving Bitcoin payments.  The full integration makes Bitcoin significantly easier to use as a means of payment via a commonly used consumer app.  CashApp Integrates Lightning The mobile payment service enabled users to send lightning payments to external lightning wallets (ex. Chivo Wallet, BlueWallet, Muun Wallet, etc) back in February. However, the ability to receive lightning payments from...

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MicroStrategy Looking to Hire Bitcoin Lightning Software Engineer

Prominent business intelligence and software company MicroStrategy is looking to hire a software engineer to develop a Lightning Network-based SaaS platform. This comes shortly after the firm’s former CEO – Michael Saylor – stepped down. According to its job listing, the company has advertised for a position that seeks an experienced software developer for a new platform that will be developed to offer enterprises “innovative solutions to cyber-security challenges and...

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Ukrainian Refugees Are Turning to the Lightning Network to Obtain Funds

Alena Vorobiova is a Ukrainian immigrant who says that bitcoin is a true savior. She recently had crypto transferred from the United States to her phone in Poland through what’s known as the Lightning Network. She received it very quickly, which proved useful given the lack of electronic banking in the area now that Russia has allegedly invaded Ukraine. The Lightning Network Is Being Put to Good Use The battle between Russia and Ukraine has been occurring for the past...

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CashApp Rolls Out “Get Paid in Bitcoin” Service

CashApp – the mobile payment service developed by Block – announced many major Bitcoin-related upgrades on Thursday. One of the new integrations allows users to automatically convert their incoming paychecks into Bitcoin. Another Wave of Bitcoin Features CashApp is quite familiar with Bitcoin and its surrounding technology already. It already allows users to purchase Bitcoin alongside stocks, and to send lightning network payments to wallets capable of receiving them. In...

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BitPay Launches Bitcoin Lightning Network Payment Support

BitPay – a popular cryptocurrency payments provider – has now integrated Bitcoin’s lightning network into its platform. This will allow Bitcoin payments to settle much faster, and cost far less, than ordinary transactions. Lightning Network Effective Immediately The lightning network is a Bitcoin ‘layer 2’ scaling solution that allows individual Bitcoin holders to form private payment channels between each other. These payment channels enable users to transact multiple times...

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Bitcoin Lightning Network Capacity Reaches All-Time High

The Bitcoin community celebrated as the layer 2 payment system reached a total of over 3,400 BTC locked. That is an equivalent of around $141 million. Bringing near-zero fee BTC payments, Lightning’s adoption rose dramatically over the last year. During the same period, bitcoin became significantly more utilized as a network and an investment asset by investors and large companies as the crypto bull run went on. However, growth has been slowing since November’s crypto crash....

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Bitrefill: Online Einkaufen ohne Kreditkarte

Was ist Bitrefill und wie funktioniert es? Es gibt noch nicht viele Orte ausserhalb der Bitcoin-Szene, an denen man mit direkt Bitcoins bezahlen kann. Dafür gibt es immer mehr Nutzer, die genau dieses möchten: Einkäufe mit Krypowährungen bezahlen. Wer für diese Nische eine gute Lösung hat, kann sich jetzt schon auf einen Run auf das Produkt einstellen. Der Service Bitrefill ist eines der ersten Unternehmen (*), die sich an dieses Vorhaben...

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