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MicroStrategy’s Saylor Integrates Bitcoin Lightning Address Into Corporate Email
The Lightning Address protocol allows users to send bitcoin over the Lightning Network to a wallet identifier resembling a conventional email address.
Updated Apr 18, 2023, 5:34 p.m. Published Apr 18, 2023, 12:33 a.m.
Michael Saylor, the outspoken bitcoin proponent and co-founder of business analytics software firm MicroStrategy (MSTR), has integrated Bitcoin’s Lightning Network into his corporate email address. This means anyone can use that email address – saylor@microstrategy.com – to send bitcoin (BTC) to the 58-year-old billionaire.
So @MicroStrategy converted my corporate email address into a #Lightning⚡️ address and people keep sending me 21 sats...🧡 pic.twitter.com/FHde6RtA6N
— Michael Saylor⚡️ (@saylor) April 17, 2023
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The integration uses The Lightning Address protocol, which allows developers to replace a standard Lightning invoice, or payment request, with an internet identifier such as an email address.
The Lightning Network is the Bitcoin blockchain’s layer 2 scaling system designed to make bitcoin payments cheaper and faster.
Saylor, who is reportedly worth around $1.2 billion and whose company has amassed approximately 140,000 BTC (about $4 billion at current prices), has been receiving small bitcoin donations from fans after tweeting about the integration.
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CoinDesk Data's monthly Exchange Review captures the key developments within the cryptocurrency exchange market. The report includes analyses that relate to exchange volumes, crypto derivatives trading, market segmentation by fees, fiat trading, and more.
What to know:
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- Institutional Crypto Trading Volume on CME Falls 23.5%: In March, total derivatives trading volume on the CME exchange fell by 23.5% to $175bn, the lowest monthly volume since October 2024. CME's market share among derivatives exchanges dropped from 4.63% to 3.64%, suggesting declining institutional interest amid current macroeconomic conditions.
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