Share this article
BTC
$82,654.52
-
0.84%ETH
$1,784.97
-
0.70%USDT
$0.9998
+
0.03%XRP
$2.1290
+
0.32%BNB
$592.87
-
0.26%SOL
$117.88
-
3.17%USDC
$1.0002
+
0.02%DOGE
$0.1673
-
1.10%ADA
$0.6482
-
1.37%TRX
$0.2380
-
0.97%LEO
$9.0087
-
5.12%LINK
$12.64
-
1.28%TON
$3.2483
-
3.36%XLM
$0.2517
-
2.59%AVAX
$17.90
-
0.19%SUI
$2.2038
-
1.84%SHIB
$0.0₄1213
-
0.53%HBAR
$0.1604
-
3.03%LTC
$82.17
-
1.91%OM
$6.2839
-
0.09%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
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.
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
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
Eliza Gkritsi
Eliza Gkritsi is a CoinDesk contributor focused on the intersection of crypto and AI, having previously covered mining for two years. She previously worked at TechNode in Shanghai and has graduated from the London School of Economics, Fudan University, and the University of York. She owns 25 WLD. She tweets as @egreechee.
