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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.
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.
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.
Bitcoin Supply per Whale Drops to Lowest Since December 2020
Bitcoin's (BTC) supply per whale, or large investor, has dropped to its lowest level since December 2020, suggesting a low probability of a bull revival in the near term. Yet, the number of BTC on the Lightning Network continues to make all-time highs. "All About Bitcoin" host Christine Lee breaks down the Chart of the Day.
Crypto Adoption Outlook as Fidelity and Central African Republic Embrace Bitcoin
The “Week in Review” panel discusses Fidelity adding bitcoin in its 401K programs, what Elon Musk’s deal to buy Twitter could mean for the social media platform and the Central African Republic’s decision to adopt bitcoin as legal tender.
THNDR CEO on Bitcoin Payments, Crypto Adoption, Lightning Network
Desiree Dickerson, CEO of THNDR, which builds mobile games where players can earn bitcoin paid out over Lightning, discusses bitcoin payment solutions and hurdles for mass BTC adoption. Plus, why she’s bullish on the Lightning Network.
How THNDR Games Is Bring Play-to-Earn to Bitcoin
THNDR Games CEO & Co-founder Desiree Dickerson discusses building play-to-earn games like SATSSS and Thunder Bay on the Bitcoin blockchain using the layer 2 Lightning Network. Dickerson explains the emphasis on mobile gaming for mass adoption and why the company has seen sizable popularity in Central and South American markets.