Lightning News

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.

Lightspark says the integration on Coinbase will offload more transaction activity away from Bitcoin’s base layer, where fees have increased considerably over the last 12 months.

Bitcoin-only application Relai is set to integrate Lightning payment functionality into its self-custody solution.

Antoine Riard, who left the Lightning Network in October, argues it is also at risk of becoming increasingly centralized and susceptible to single points of failure and censorship risks.

Football meets finance: Bitcoin payments integration arrives at top-flight Bulgarian club, Botev Plovdiv FC.

Advocates for the Bitcoin Lightning Network and decentralized protocol Nostr funded Kweks’ Kilimanjaro climb.

John Deaton’s remarks come amid concerns about alleged backdoors in the Bitcoin Lightning Network’s code.

Antoine Riard believes the Bitcoin community faces a “hard dilemma” as a new class of replacement cycling attacks threatens the Lightning Network.

Taproot Assets is “how we bitcoinize the dollar and the world’s financial assets,” says Ryan Gentry, director of business development at Lightning Labs.

A report from the Bitcoin-only exchange River suggests increased Lightning usage will play a key role in Bitcoin becoming a better medium of exchange.