Founders: Roy Sheinfeld, Roi Erez and Yaacov Slama Date Founded: 2018 Location of Headquarters: Remote Amount of Bitcoin Held in Treasury: Dozens held in Breez Lightning nodes Number of Employees: 11 Website: https://breez.technology/ Public or Private? Private Roy Sheinfeld says the time for orange pilling is through. Sheinfeld, one of the three founders of Breez,…
Founder: Evan Kaloudis Date Founded: 2019, block 563345; incorporated in 2023 Location of Headquarters: No HQ; fully remote Amount of Bitcoin Held in Treasury: Not disclosed Number of Employees: 2 Website: https://zeusln.com/ Public or Private? Private On April 26, 2024, Evan Kaloudis drew a line in the sand. In the wake of the news of the Samourai Wallet developers…
Bitcoin and crypto exchange Coinbase has integrated Bitcoin’s Lightning Network, enabling faster and cheaper BTC transactions for its users in the United States (with the exception of New York). As the largest Bitcoin exchange globally by users, trading volume, and custody of assets, Coinbase’s adoption of Lightning is a major win for the Bitcoin scaling solution….
Strike has announced its expansion into Europe, bringing its Bitcoin services to millions of people across the continent, according to a press release sent to Bitcoin Magazine. As per announcement, European customers can now buy, sell, send, and withdraw bitcoin using the app, and deposit funds from their bank accounts using free unlimited SEPA euro deposits,…
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. Bitcoin’s revolutionary Lightning Network has seen two major rollout initiatives begin in the last month, with…
Lightspark, led by CEO David Marcus, former President of PayPal, has been selected by Coinbase, the largest US cryptocurrency exchange, to integrate the Bitcoin Lightning Network onto its platform. This integration is set to enable Coinbase customers to conduct instant and cost-effective bitcoin transactions. Thrilled to announce that @Coinbase has selected @Lightspark to enable the #Bitcoin…
Bitcoin Lightning Network company Neutronpay has secured a $1.5 million bridge funding round led by Axiom Capital, according to a press release sent to Bitcoin Magazine. This investment is to help Neutronpay bring instant and cost-effective payment solutions in Southeast Asia’s digital economy with Bitcoin. “We are delighted to continue to support Albert and the team as…
LQWD Technologies Corp., an infrastructure and liquidity provider for the Bitcoin Lightning Network, has announced a new partnership with Amboss Technologies Inc. to become their premiere Lightning Network Liquidity Service Provider (LSP), according to a press release sent to Bitcoin Magazine. As part of the partnership, LQWD will contribute an initial 10 Bitcoin in liquidity to…
Commerceblock has released a new atomic swap protocol for use with statechains on their Mercury Layer protocol. The HSM server has introduced functionality to support atomically swapping two statechains, as well as enforcing an atomic exchange of a statechain for a Lightning payment. This is the first example of concretely defined and built interactions between…
Relai, the Swiss-based Bitcoin app with a self-custody wallet, has announced a new partnership with Blockstream and Breez to integrate the Lightning Network into its platform, benefiting over 100,000 European users, according to a press release sent to Bitcoin Magazine. The Lightning Network offers a scalable solution to facilitate fast and low-cost transactions, making Bitcoin…
Braiins, a leading mining pool in the Bitcoin industry, has made a significant stride by becoming the first mining pool to introduce Lightning payouts. This pioneering move marks a notable advancement in the integration of the Lightning Network (LN) within the mining sector. Introducing Lightning payouts ⚡️ We are excited to be the first mining…
Bulgarian football club Botev Plovdiv, the oldest football club in Bulgaria, has taken another step towards embracing Bitcoin and accelerating grassroots adoption of the digital currency in a strategic partnership with JAN3, a leading technology company focused on expanding access to Bitcoin. Botev Plovdiv aims to become the premier Bitcoin-native sports club, according to a…
Over two hundred bitcoiners descended on Uvita from January 18th – 20th which is a popular seaside spot in Costa Rica. The Bitcoin Freedom Festival was billed as a spiritual gathering for those who celebrate freedom money, nature and sovereignty. What many bitcoiners are still discovering about this beautiful place along the southern Pacific coast…
Today Breez announces FiatLink, an open API standard for the integration of on and off ramps directly inside of Lightning wallets and applications. Currently there are many issues with seamless integration of Bitcoin to fiat exchanges inside of applications, chief among them being lack of Lightning support by many brokerages. In addition to that, each…
CrowdHealth, a crowdfunding platform for paying medical experiences in lieu of an insurance policy, is integrating Lightning payments with Breez’s Lightning SDK. The United States spends more than twice the average amount of money on healthcare in comparison to other developed nations in a similar economic situation. Medical costs are one of the leading causes…
Lightning is doomed. High fees from Ordinals have killed all hope of scaling Bitcoin non-custodially, there is no chance at all that people will be able to cost effectively open channels or enforce hung payments on-chain when necessary. It’s all over, pack it all up guys. Time to start shopping around and deciding whether Coinbase…
So a lot of noise has been made around the Lightning vulnerability recently disclosed by Antoine Riard. Many people are claiming the sky is falling, that Lightning is fundamentally broken, and nothing could be further from the truth. I think part of the problem is that people don’t really understand how this vulnerability works, firstly,…
Riard noted in his report that the implications of the vulnerability could extend well beyond the Lightning Network. Bitcoin developer Antoine Riard has identified and reported what he believes might be a major security risk in the Bitcoin Lightning Network. In a report recently published, Riard shared that the loophole could potentially endanger funds moving…
Relai, a European non-custodial Bitcoin wallet with broker services incorporated in the app, is announcing their integration of Lightning functionality today at the Plan B conference in Lugano. Lightning support will initially roll out as a closed invite-only beta program, slowly rolling out to full public access before the end of the year Q4 2023….
The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now. The Lightning Network, a node-based payment protocol designed to solve Bitcoin’s solvability problem, has shattered all…
Through Taproot Assets, Lightning Labs is bringing stablecoins to Bitcoin and Bitcoinizing traditional assets including the dollar. Bitcoin layer-2 infrastructure firm Lightning Labs has officially launched the mainnet of Taproot Assets, a protocol that supports the issuance of stablecoins and real-world assets on the Bitcoin and Lightning networks. According to an official announcement, the mainnet release…
Bitcoin-focused company Lightning Labs has launched the Taproot Assets mainnet alpha daemon. Simply put, Taproot Assets uses Bitcoin’s technology to handle, create, and delve into stablecoins and other assets. Think of it as a modern financial tool, backed by Bitcoin’s known security and decentralized features. The current version, Taproot Assets v0.3, enables developers to transform…
One of the biggest inherent limitations to the Lightning Network is the limited number of channels that can be opened or closed per block given the blocksize limit. Regardless of how many transactions can occur off-chain how cheaply, this is a fundamental bottleneck restricting how many people could actually realistically use the Lightning Network. Even…
Today, Mash and TFTC announced they have joined forces to shake up online media monetization and user engagement, introducing a suite of tools powered by Bitcoin and the Lightning Network. This partnership also marks the relaunch of the TFTC publishing platform, now featuring curated content from authors like Parker Lewis, Jordan Schachtel, and Whitney Webb….
Satslink looks similar to the Coldcard Q1, but internally it’s completely different. Coinkite Coinkite has announced their latest product, Satslink. The under-production device sits at the intersection of many different areas of communications and mobile hardware, empowering developers to build a whole slew of different applications. Rather than leaning on an opinionated framework, Satslink leverages…
Today, THNDR has unveiled its latest innovation, Clinch — an API designed to enable instantaneous, borderless, low-fee, peer-to-peer wagering using the Bitcoin Lightning Network, according to a press release sent to Bitcoin Magazine. Recognizing the pain points of traditional competitive gaming platforms, such as high buy-ins, slow payouts, and regional restrictions, Clinch aims to redefine the…
Blockstream, a global leader in Bitcoin infrastructure technology, has announced its new “Lightning-as-a-Service” solution called Greenlight, according to a press release sent to Bitcoin Magazine. This offering aims to provide the integration of fast, cost-effective Bitcoin payments through the Lightning Network for developers and enterprise clients worldwide. The current landscape of Lightning payments presents users…
One of the biggest challenges Bitcoin faces is scalability. Transactions can be slow and costly, making mainchain settlement less efficient for everyday transactional use. Enter the Lightning Network, an innovative solution that has the potential to make Bitcoin unstoppable. In the latest episode of Bitcoin Backstage, we explore the concept behind the Lightning Network, its…
Amboss, a leading data analytics provider for the Bitcoin Lightning Network (LN), has unveiled a new subscription service called Hydro, designed to automate liquidity management for the LN, according to a press release sent to Bitcoin Magazine. This enables businesses to seamlessly receive payments through the Lightning Network without requiring expertise in LN operations or relinquishing custody…
In a matter of weeks, Coinbase constituted a team to dig into the protocol and assess the feasibility of its integration. Coinbase CEO Brian Armstrong has announced the exchange’s plans to integrate the Bitcoin Lightning Network (LN) into its infrastructure. LN is a layer 2 payment protocol that was created to improve the scalability of…
TERADAT SANTIVIVUT By Brad Tank & Olumide Owolabi Central banks may be reluctant to hike further, but as long as they tie themselves to incoming data their hands may be forced. Given a week to digest the commentary from the Jackson Hole Economic Policy Symposium, market participants are apparently reassured by what they heard. Following…
Blockstream has introduced the ‘Splicing’ feature in its Core Lightning implementation, enabling liquidity changes to Lightning channels, according to a press release sent to Bitcoin Magazine. This comes on the heels of ACINQ’s implementation of Splicing last month, where users of ‘Eclair’ experienced a 60% decrease in Lightning transaction fees. Splicing is expected to tackle a persistent challenge within the Lightning network—liquidity…
Lightning eMotors, Inc. (NYSE:ZEV) Q2 2023 Earnings Conference Call August 14, 2023 4:30 AM ET Company Participants Brian Smith – VP, IR Timothy Reeser – Co-Founder, President, CEO & Director Kash Sethi – Chief Revenue Officer David Agatston – SVP & CFO Conference Call Participants Colin Rusch – Oppenheimer Sherif El-Sabbahy – Bank of America…
This is an opinion editorial by Ethan Rose, the founder and CEO of Bitcoin Lightning Network payments provider Pouch.ph. Recently, Binance, the world’s biggest cryptocurrency exchange, successfully implemented Bitcoin’s Lightning Network to enhance the speed and scalability of Bitcoin transactions on its platform. This came after it was forced to halt bitcoin withdrawals for several…
While Coinbase is still planning to leverage the Bitcoin Lightning Network, the company’s rival Binance already completed the integration of the L2 network last month. American-based cryptocurrency exchange Coinbase plans to explore the possibility of integrating the Bitcoin Lightning Network into its platform. The move is part of a broader plan to expand digital asset…
Mash, a Lightning-enabled micropayments project focused on content monetization, has announced their Lightning Bitcoin Wallet is entering Beta and available for download now. In order to bypass potential app store censorship – a precedent set with Apple’s App Store and Nostr client Damus – Mash has enabled download of their progressive web-app straight from your…
This is an opinion editorial by Jesse Shrader, the co-founder and CEO of Amboss, a Lightning Network explorer and analytics tool. For years, you could basically only do two things on the Bitcoin network: You could save BTC or you could spend it. Then, a late 2021 privacy upgrade had the unintended consequence of allowing…
Yesterday, Olaoluwa Osuntokun and Michael Levin of Lightning Labs announced the release of a new set of developer tools aimed at empowering the Lightning and AI developer communities to create inclusive and cost-effective Large Language Model (LLM) tooling. These tools leverage the Lightning Network and bitcoin to seamlessly integrate with LLMs. They are built on…
Coinfinity, an Austrian bitcoin broker, has recently integrated the Lightning Network into its services, allowing customers to make bitcoin purchases with reduced transaction fees and quicker processing times. Thomas Burgstaller, Chief Growth Officer at Coinfinity, highlighted the significance of this integration, stating, “Being this early to market is an important innovation step for us at…
Phoenix, a Lightning wallet developed by Acinq, has undergone significant improvements with the introduction of splicing technology, resulting in a more efficient and user-friendly experience. Unlike previous versions, which created multiple channels and incurred unpredictable fees, the new Phoenix manages a single dynamic channel, eliminating the need for scattered liquidity and splitting issues. With splicing,…
Binance, one of the world’s leading cryptocurrency exchanges, has successfully integrated Bitcoin (BTC) onto the Lightning Network, enabling faster and more efficient transactions. As of today, users can now deposit and withdraw Bitcoin (BTC) using the Lightning Network on the Binance platform. The integration of Bitcoin on the Lightning Network marks a significant milestone for…