Lightning Network


Videos

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.

Recent Videos

Tech

Bitcoin Software Company Synonym Launches Bitkit, a Bitcon Wallet Powered by Slashtags Protocol

The firm claims Slashtags will enable web portability and “passwordless” authentication.

Synonym's Bitkit wallet unveiled at Lugano's Plan B Forum (Stephen Alpher/CoinDesk)

Finance

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.

Synota team at an active bitcoin mining site. (Synota)

Tech

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.

River Financial CEO Alex Leishman at BTC 2022. (Danny Nelson/CoinDesk)

Videos

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.

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Finance

MicroStrategy Looks to Hire Software Engineer for Building Bitcoin Lightning Network Infrastructure

The new hire will also been tasked with designing decentralized finance technologies.

Executive Chairman MicroStrategy, Michael Saylor (CoinDesk)

Videos

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.

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Finance

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.

Strike CEO Jack Mallers speaks at the Bitcoin 2022 conference in Miami. (Danny Nelson/CoinDesk)

Policy

Estonia Grants First Crypto License to LastBit's Striga

The crypto banking company is first to jump over new anti-money laundering hurdles which significantly toughen Estonia's legal regime.

Estonia toughened crypto laws earlier this year. (Getty Images)

Tech

Bitcoin Lightning-Enabled ‘Listen-to-Earn’ Podcast App Gets an Upgrade

The app’s new model offers a simpler, more intuitive and more transparent way for listeners to earn BTC.

(Simone Ranzuglia/EyeEm/Getty Images)