Bitcoin Exchange Relai Integrates Lightning Network For Its 100,000 European Users
The partnership between Relai, Blockstream, and Breez will integrate the Lightning Network into Relai's platform for faster, low-cost Bitcoin transactions.
Relai aims to streamline Bitcoin payments for its user base by leveraging Lightning and maintaining self-custodial control over funds. [ more ]
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network.The exchange had to pause bitcoin withdrawals twice due to a large backlog of operations stuck as a consequence of high transaction fees.
Bridged Bitcoin on Avalanche Surpasses Value Locked on the Lightning Network Bitcoin News
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.
NFT Marketplace DIBA Goes Live on 'Really Good for Bitcoin' Smart Contracts
DIBA, a new marketplace meant for exchanging Bitcoin-based NFTs, went live on Thursday, the firm said in an e-mail to CoinDesk.The marketplace will allow users to trade any asset issued on Bitcoin smart contracts on layer 2 networks, such as Lightning Network.DIBA also released a Bitcoin-only wallet - which can store music files and art - in partnership with crypto miner Hut 8 Mining (HUT).