Nubank Partners With Lightspark to Bring Lightning Network Access to Over 100 Million Customers in Latam

June 28, 2024 Bitcoin.com

bitcoin.com

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 […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Strike Expands Bitcoin and Lightning Services to the UK

June 26, 2024 Bitcoin.com

Bitcoin

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 […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Nubank brings Bitcoin Lightning to its 100M Latin American customers

June 26, 2024 Coin Telegraph

Berkshire Hathaway

Lightspark will also integrate the Universal Money Address standard for Nubank, which gives an email-like address for users to send and receive money.

Brazilian neobank Nubank has partnered with payments platform Lightspark to offer the Bitcoin Lightning Network to its 100 million customers in Latin America.

Lightspark said on June 25 that it’s working with Nubank to start the Lightning “integration, mapping, and building potential products” and would have “more to share in the future.”

Lightspark will also integrate the Universal Money Address standard — a payment system built on top of Lightning that gives users an email-like address to transfer money.

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Bitcoin Well Launches Payments via Lightning Network in Canada

May 29, 2024 Bitcoin.com

Bitcoin Well

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 […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Bitcoin Lightning Payments Service Provider, Ibex Pay, to Suspend US Operations

May 16, 2024 Bitcoin.com

bitcoin.com

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 […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Lightspark CEO David Marcus: Lightning Network Will Become the World’s ‘Interoperability Neutral Settlement Layer’

May 13, 2024 Bitcoin.com

Bitcoin

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 […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Lightning Labs CEO Elizabeth Stark States Stablecoins Are Coming to the Lightning Network

May 13, 2024 Bitcoin.com

Bitcoin

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 […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Lightning Labs CTO Conducts First Mainnet Multi-Hop Asset Payment via Taproot Asset Channels

May 10, 2024 Bitcoin.com

Bitcoin

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 […]

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Crypto Biz: The Bitcoin summer, Avalanche integrates with Stripe, and more

May 3, 2024 Coin Telegraph

Assets

This week’s Crypto Biz features the Lightning Network rollout on Coinbase, Avalanche integration with Stripe, MicroStrategy earning results and BlackRock’s new tokenized fund.

While developers have long focused on the Ethereum network, the Bitcoin ecosystem is making a comeback, with several initiatives now aiming to innovate on the original blockchain.

Recent developments include the growing ties between Bitcoin and decentralized finance (DeFi), driving the demand for layer-2 protocols to unclog the Bitcoin blockchain and reduce transaction fees as on-chain activity soars.

Major players like Coinbase are also reviewing Bitcoin offerings. The crypto exchange finally added the Lightning Network as an alternative for users seeking to transfer Bitcoin (BTC), following Binance’s similar move nearly a year ago.

Court prolongs Tornado Cash developer Pertsev’s pre-trial detention

Coinbase Announces Support for Bitcoin’s Lightning Network

May 2, 2024 Bitcoin.com

Bitcoin

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 […]

Lightning Network

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