Lightning Network
Bitcoin Steady at $17K Ahead of Fed Decision; The Lightning Network's Potential Privacy Upgrade
CoinDesk Markets Managing Editor Brad Keoun weighs in on bitcoin's stagnant price action in December, along with news of Sen. Cynthia Lummis calling ether a security. Plus, CoinDesk Tech Managing Editor Christie Harkin discusses how protocol-based solutions like BOLT-12 could improve privacy for Bitcoin's Lightning Network.
Galaxy Digital to Cut 20% of its Workforce; Core Scientific Reportedly in Talks With Lawyers
Michael Novogratz-led crypto-focused financial services firm Galaxy Digital plans to cut at least 20% of its global workforce. Convertible bond holders of BTC miner Core Scientific are in talks with restructuring attorneys at Paul Hastings. South Africa's leading supermarket chain Pick n Pay is now allowing BTC payments via Lightning Network-enabled apps. A poll from Grayscale reveals fears over inflation have translated to a growing interest in crypto for a quarter of voters surveyed.
Bitcoin Software Company Synonym Launches Bitkit, a Bitcon Wallet Powered by Slashtags Protocol
The firm claims Slashtags will enable web portability and “passwordless” authentication.
Bitcoin Technology Startup Synota Raises $3M in Seed Round
The new capital will be used toward the commercialization of Synota’s software, including plans for a bitcoin mining-related service.
River Financial Offers Payment Gateway for Bitcoin’s Multi-Asset Upgrade
The River Lightning Services solution wants to help developers utilize Taro, the Lightning Network upgrade bringing stablecoins and other assets to the Bitcoin network.
Sources Say DeFiance Capital Founder Is Raising Money for New Fund; MicroStrategy’s Latest Job Listing
Arthur Cheong, founder of the DeFiance Capital crypto investment fund that was hit by Three Arrows Capital’s collapse this year, is raising money for a new fund, according to CoinDesk sources. Plus, MicroStrategy is looking to recruit a software engineer to build a Lightning Network-based software-as-a-service (SaaS) platform.
MicroStrategy Looks to Hire Software Engineer for Building Bitcoin Lightning Network Infrastructure
The new hire will also been tasked with designing decentralized finance technologies.
Jack Mallers’ Crypto Payment Firm Strike Raises $80M
Jack Mallers, CEO and founder of Chicago-based bitcoin payment provider Strike, discusses bitcoin as a store of value, use cases of the Bitcoin payments system, and the Lightning Network. Plus, Mallers’ take on El Salvador’s bitcoin experiment and how Strike plans to use its latest $80 million raise.
Jack Mallers’ Crypto Payment Firm Strike Raises $80M
Washington University in St. Louis and the University of Wyoming were among the investors in the Series B funding round.
