ln – DIGIT INFO

Five crypto market predictions that haven’t come true — yet

DIGIT — Fri, 30 Aug 2024 14:00:00 +0000

Crypto narratives sometimes promise a trip to the moon, but not all rockets make it, and markets tend to have a sloppy memory, often falling into the same traps.

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Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network

DIGIT — Tue, 24 Jan 2023 09:00:23 +0000

Members of the crypto community have been discussing the number of bitcoins that have been bridged over to the Avalanche network, which is now larger than the total value locked on the Lightning Network. At the time of writing, there are 5,493 bitcoins circulating on the Avalanche blockchain, while the Lightning Network holds 5,248 bitcoins. […]

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Bitcoin Core’s Version 24.0 Full-RBF Proposal Sparks Controversy, Synonym CEO Calls ‘Pet Agenda’ an ‘Attack’

DIGIT — Fri, 04 Nov 2022 16:00:57 +0000

During the last few weeks, a number of individuals have been discussing the upcoming release of Bitcoin Core version 24.0 and how the codebase will include full-replace-by-fee (RBF) logic. The discussion has become controversial as a few Lightning Network and zero confirmation advocates have expressed a distaste for the full-RBF idea. The CEO of Synonym, […]

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Microstrategy Is Seeking a Full-Time Lightning Network Engineer to Build a SaaS Platform

DIGIT — Fri, 30 Sep 2022 22:30:14 +0000

The mobile software, cloud-based services, and business intelligence (BI) firm Microstrategy is seeking a full-time Lightning Network software engineer, according to a job listing published this week. The developer, if hired, will build a Lightning Network-based software as a service (SaaS) platform for the company so it can be used for ecommerce use cases and […]

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Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product

DIGIT — Wed, 03 Aug 2022 21:00:01 +0000

On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages derivatives contracts to create a bitcoin-backed synthetic dollar pegged to […]

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Zebedee Inks Deal With Mobile Game Studio Viker to Add BTC Rewards to Solitaire, Sudoku, Missing Letters

DIGIT — Tue, 26 Jul 2022 16:30:56 +0000

Seven days after the financial technology and bitcoin payments firm Zebedee announced it secured a $35 million capital raise, the company has revealed a new partnership deal with the mobile game studio Viker. The two companies have enhanced three classic video games with Zebedee’s bitcoin reward mechanics which include “Solitaire,” “Sudoku,” and the game “Missing […]

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Bitpay Adds Lightning Network, Youth Fashion Brand Pacsun to Accept Payments via Lightning

DIGIT — Thu, 07 Apr 2022 05:30:17 +0000

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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Visa should be ‘scared’: Lightning Labs raises $70M to add stablecoins

DIGIT — Wed, 06 Apr 2022 03:08:03 +0000

The firm has built a new protocol called Taro to enable stablecoins to be sent and received on the Bitcoin Lightning Network.

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Argentina-Based Mobile Wallet App Belo Adds Lightning Network Support via Opennode

DIGIT — Tue, 11 Jan 2022 08:30:59 +0000

On Monday, January 10, the Argentina-based mobile wallet company Belo announced that the platform has added support for the Lightning Network by partnering with the bitcoin payment processor and infrastructure provider Opennode. The mobile application allows users to trade and transact in pesos and now users can transact with bitcoin payments going forward. Belo Partners […]

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Bitcoin Lightning nodes and channels hit record highs

DIGIT — Tue, 28 Sep 2021 04:26:22 +0000

The number of Lightning Network nodes has increased 160% over the past 12 months while the number of channels is up 170% since January.

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