Lightning

A $1 million Lightning transfer between SDM and Kraken was used to test whether Bitcoin’s main scaling layer could handle seven‑figure, institutional‑grade payments.

Time2Build will pay developers to add Bitcoin Lightning Network features to existing open-source apps, rewarding only code accepted by project maintainers.

At Token 2049, Bitlayer’s CEO defended VC funding in Bitcoin, arguing that their investment and connections spur protocol and service development.

Spar shoppers in Zug, Switzerland, can pay for their groceries in Bitcoin via the Lightning Network, as over 1,000 Swiss businesses have implemented Bitcoin payments.

StarkWare and Weizmann Institute researchers have introduced ColliderVM, a system that overcomes Bitcoin script limitations to enable complex smart contracts.

“It’s like your dial-up internet became broadband because the Bitcoin price went up,” according to the CEO of Amboss Technologies.

Lightspark will also integrate the Universal Money Address standard for Nubank, which gives an email-like address for users to send and receive money.

The Bitcoin developer says Brollups can support more than 90% of decentralized finance use cases, from NFT sales to token orders on DEXs.

Elizabeth Stark unpacked the basics of Bitcoin Lightning at FT Live’s Crypto and Digital Assets Summit and teased a new development on Bitcoin’s leading layer 2.