Chainalysis Blockchain Data Platform to Integrate Lightning Network
Chainalysis clients will be able to allow BTC deposits and withdrawals on the Lightning Network while complying with regulations.
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Crypto tracking and compliance firm Chainalysis is adding support for Bitcoin’s Lightning Network, according to a press release shared with CoinDesk.
- Users of Chainalysis’ “Know Your Transaction” platform will be able to prescreen for Lightning withdrawals and behavioral alerts so they can be compliant in allowing BTC deposits and withdrawals from Lightning nodes, the statement said.
- The Lightning Network is a layer 2 blockchain that enables faster bitcoin transactions so people can use the world’s largest cryptocurrency by market capitalization for small payments like tips and remittances.
Read more: An In-Depth Look Into the Lightning Network as a Bitcoin Scaling Solution
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CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
Why it matters:
CEX trading volumes rose for the first time in five months in June, with spot climbing 15.3% to $1.11T and RWA perpetual volumes surging to a record $311B.
