Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem.
Bitcoin fee spike spurs shift to Lightning Network: Binance and Coinbase line up
Binance announces plans to embrace the Lightning Network; which large crypto exchanges are Lightning ready, and which are yet to be struck?
How to send and receive payments on the Lightning Network
Learn to use Lightning Network by setting up a wallet, funding it, and using it to make and receive payments.
Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning
The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa and South America.
Bitcoin crowdfunding is Lightning: El Salvador school program hits 1 BTC in donations
The My First Bitcoin education program reaches 1 BTC in donations, with Bitcoin Beach matching contributions, fueling expansion.
Blockstream Developer Neigut Expects ‘Cambrian Explosion’ of Bitcoin Layer 2 Protocols
Bitcoin already has one of the most diverse layer 2 ecosystems of any network, according to Bitcoin developer Lisa Neigut.
MicroStrategy’s Bitcoin conviction ‘strong’ as it posts Q1 profit
The one-time income tax benefit helped the firm reach a profit of $94 million in the first quarter of 2023.
Crypto Biz: EU looks under the hood of Big Tech algorithms, Musk’s TruthGPT and more
This week’s Crypto Biz explores the fast-growing AI market, MicroStrategy’s integration with Bitcoin Lightning Network, and Microsoft’s efforts to power AI development.
Bitcoin Lightning Network is 1,000x cheaper than Visa and MasterCard: Data
Glassnode data demonstrates that the Lightning Network outcompetes traditional payment networks in terms of commission costs.
MicroStrategy’s Saylor Integrates Bitcoin Lightning Address Into Corporate Email
The Lightning Address protocol allows users to send bitcoin over the Lightning Network to a wallet identifier resembling a conventional email address.
Jack Mallers’ Strike Service, Send Globally, Tackles Bitcoin-Fiat Remittances
The new Lightning-based service lets users in the U.S. send even small cash payments to parts of Southeast Asia and Africa quickly and cheaply. Eventually, the service will be available throughout the world, giving foreign workers everywhere a new way to send their pay back home. That’s why Send Globally is one of CoinDesk’s Projects to Watch 2023.
Brian Armstrong promised me $100 in Bitcoin — so where is it?
Is it possible that Coinbase CEO Brian Armstrong doesn’t know how to use the Bitcoin Lightning Network? It could explain why he stiffed me.
Bitcoin gaming enters Africa with local crypto exchange partnership
The Bitcoin gaming economy gets a boost from Zebedee’s expansion into Africa, complementing its Brazil and Philippines operations.
The state of the Bitcoin Lightning Network in 2023
To what extent does the surge in the use of custodial wallets and difficulties in running a Lightning node undermine the Lightning Network?
Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network
The service is currently available in the U.S., UK, EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”
Why Senegal rejects the CFA and is warming to Bitcoin: video
Why is there a groundswell toward Bitcoin adoption in Dakar? And could it influence neighboring countries and regions to explore magic internet money?
Snoop Dogg revealed as co-founder of Web3-powered livestream platform
Snoop Dogg has had a considerable presence in the Web3 creator movement since NFTs first gained popularity in 2021.
Jack Dorsey’s TBD launches ‘C=’ to improve Bitcoin Lightning Network
C= (pronounced C equals) aims to further the reach of the Bitcoin Lightning Network through added liquidity and routing services.
Block Launches New Service Provider to Make Lightning More Reliable
The new entity dubbed “c=” aims to improve liquidity and routing on Bitcoin’s Lightning Network.
Xapo Bank enables faster Bitcoin payments with Lightning Network
Xapo Bank members will now be able to instantly pay for small purchases of up to $100 at any vendor accepting Lightning payments.