Lightning Network
Jack Mallers' Strike Service, Send Globally, Tackles Bitcoin-Fiat Remittances
The new Lightning-based service gives foreign workers a new way to send their pay back home quickly and cheaply. That’s why Send Globally is one of CoinDesk’s Projects to Watch 2023.
Zebedee Co-Founder on Global Payment Service Powered by Bitcoin’s Lightning Network
Bitcoin gaming and payments company Zebedee has debuted a payment feature on its app that allows users to instantly send any amount of money to five jurisdictions, including the Philippines and Brazil, for little to no cost using Bitcoin’s Lightning Network. Zebedee co-founder and CTO André Neves breaks down the new feature and future growth plans.
Zebedee Debuts Global Payment Service Powered by Bitcoin’s Lightning Network
The service is currently available in the U.S., U.K., EU, Brazil and the Philippines, but Zebedee plans on expanding the service to accommodate “all countries and currencies across the world.”
Jack Dorsey's Block Launches Service Provider to Make Lightning More Reliable
TBD, a division of Jack Dorsey's financial-technology company Block, has launched a new business entity named “c=” that focuses on improving liquidity and routing on the Lightning Network. CoinDesk Editor at Large Christie Harkin breaks down its significance to Bitcoin’s layer 2 scaling system.
Jack Dorsey's Block Launches Service Provider to Make Lightning More Reliable
The new entity dubbed “c=” aims to improve liquidity and routing on Bitcoin’s Lightning Network. The name references the speed of light in Einstein's famous equation E=MC2.
Xapo Bank Integrates Bitcoin’s Lightning Network, Partners with Lightspark
Crypto pioneer Xapo has quietly assembled interest-bearing, deposit-guaranteed USD bank accounts with a view to providing alternative financial services in emerging market countries.
Strike Extends Bitcoin Lightning Network-Powered Remittances to Philippines
Digital payments firm Strike is expanding its international money transfer service that runs on Bitcoin’s Lightning Network to the Philippines to tap into the country’s remittance market, which is one of the world’s largest. "The Hash" hosts discuss what this means for the future of bitcoin payments and crypto's use case as a potential tool for financial freedom.
Strike Expands Lightning Network-Powered Remittances to Philippines
The Philippines is one of the world’s largest remittance markets, at $35 billion, and Strike says it will use its service, powered by the Bitcoin blockchain's Lightning Network, to make the international payments faster and cheaper than available in the traditional financial system.
Bitcoin Bridged to Avalanche Surpasses BTC Locked in Lightning Network
Smart contract blockchain Avalanche added support for BTC in its cross-chain bridge in June 2022.
