Unocoin Launches Bitcoin Payments Over Lightning Network in India

Unocoin, India’s longest-standing cryptocurrency exchange, has announced the integration of the Lightning Network, powered by Voltage, marking an advancement in bitcoin and stablecoin adoption within the growing Indian crypto market. This new feature allows Unocoin users to send and receive bitcoin and tether ( USDT) instantly and at a fraction of the cost of traditional … Read more

Lightning Network Sheds 820 BTC in 37 Days—Lowest Capacity Since 2023

According to recent metrics, bitcoin ( BTC) held in the Lightning Network, a payment-oriented layer two (L2) protocol, has declined sharply over the past 37 days. Lightning Network’s $69M Drain The network’s capacity—the total BTC locked in its channels—now sits at 4,550 BTC, the smallest amount since September 2023, according to data collected by theblock.co. … Read more

Bitcoin Proponent Blames Lightning Network’s Flaws for Trump’s Crypto Reserve Snub 

Bitcoin proponent Paul Sztorc sparked discussion by attributing Bitcoin’s initial exclusion from President Donald Trump’s proposed crypto reserve to the Lightning Network’s technical failures, citing a trove of critical assessments from industry experts. Drivechain Developer Points to Lightning Network as Trump Embraces Altcoins The inclusion of XRP, ADA, and SOL in a crypto reserve proposal … Read more

Bitcoin’s Lightning Network Capacity Jumps 384%

A Fidelity Digital Assets report indicates that Bitcoin’s primary scaling solution is growing at roughly twice the rate shown by public data because much of its network activity remains private. The Lightning Network Is Growing and Institutions Are Taking Notice The total capacity of Bitcoin’s Lightning Network has jumped 384% since 2020 as an increasing … Read more

Report: Over 650 Million People Now Have Access to Bitcoin

The report asserts that the dominant cryptocurrency is slowly shifting from being a store of value to being a medium of exchange once again. Bitcoin Adoption Expands: 650 Million People Now Have Access Satoshi created bitcoin (BTC) as “peer-to-peer digital cash,” but over time, the cryptocurrency has morphed into what many call “digital gold,” with … Read more

L2 Scaling Challenges May Undermine Ethereum and Bitcoin’s Long-Term Security

Ethereum and Bitcoin, two of the world’s largest blockchains, are facing significant challenges in scaling their networks. As more users and transactions move to layer two (L2) solutions, these systems could undermine the security and sustainability of the base layer (L1), with fees and rewards for miners and validators dwindling. Growing L2 Adoption Raises Concerns … Read more

Lightning Network-Focused Startup Lightspark Sets Its Sights on Latam

Lightspark hopes to enter Latin America’s cryptocurrency market through its partners in the region, including exchanges like Bitso and fintech institutions like Nubank. Nicolas Cabrera, Lightspark’s vice president of product, explained that the company will focus on targeting Latin America’s remittances and cross-border payments market, using its products to streamline these processes. Lightspark Aims to … Read more

Bitcoin’s Role in Defi Evolves: CMC Research and Footprint Analytics Report

Coinmarketcap (CMC) Research and Footprint Analytics have released a thorough report exploring the swift expansion of decentralized finance (defi) on the Bitcoin blockchain. The report delves into Bitcoin’s evolving role, driven by innovations that are redefining its potential within the defi space. Bitcoin’s Defi Ecosystem Grows: $1.07 Billion Locked According to the findings from the … Read more

HTX Integrates Lightning Network for Faster Bitcoin Payments

HTX has announced the integration of Bitcoin’s Lightning Network, a second-layer payments protocol designed to facilitate faster and cheaper transactions. This move aims to enhance the efficiency of Bitcoin payments and withdrawals on the platform, significantly reducing transaction times and costs. The integration is part of a strategic partnership with IBEX, a fintech company specializing … Read more