Lightning Network

UXUY Secures Strategic Investment from Binance Labs to Propel Bitcoin Lightning Network Ecosystem

Retrieved on: 
Friday, March 8, 2024

Singapore, March 08, 2024 (GLOBE NEWSWIRE) -- UXUY, the decentralized multi-chain trading platform, has proudly announced a significant investment from Binance Labs, marking a pivotal moment in the advancement of the Bitcoin Lightning Network ecosystem.

Key Points: 
  • Singapore, March 08, 2024 (GLOBE NEWSWIRE) -- UXUY, the decentralized multi-chain trading platform, has proudly announced a significant investment from Binance Labs, marking a pivotal moment in the advancement of the Bitcoin Lightning Network ecosystem.
  • Binance Labs’ investment underscores its commitment to supporting innovative projects like UXUY, selected from a competitive pool of over 1,000 projects.
  • A trailblazer in the Bitcoin ecosystem, UXUY has pioneere groundbreaking initiatives, including the world’s first Lightning Network-based Launchpad.
  • With the backing of Binance Labs and a stellar track record of innovation, UXUY is poised for exponential growth and continued leadership in the development of the Bitcoin Lightning Network ecosystem.

Flash News: OKX Wallet now integrated with Bitcoin Name Service System (BNSx)

Retrieved on: 
Sunday, February 18, 2024

OKX Wallet is now integrated with Bitcoin Name Service System (BNSx) protocol.

Key Points: 
  • OKX Wallet is now integrated with Bitcoin Name Service System (BNSx) protocol.
  • This integration allows OKX Wallet users to register and use simple, human-readable .bnsx domain names instead of long, complex Bitcoin addresses.
  • By integrating BNSx into OKX Wallet, users can now register .bnsx domains within the app and automatically link them to their wallet's BTC receive addresses.
  • Any BTC sent to a registered .bnsx name will be automatically received by the owner's linked OKX Wallet.

LQWD's Bitcoin Lightning Network Routing Volume Hits Monthly Record, AI Drives Exponential Growth

Retrieved on: 
Thursday, March 7, 2024

Total routing transactions now exceeds 380,000 since inception of LQWD's first node in November 2021, routing over 500 Bitcoin.

Key Points: 
  • Total routing transactions now exceeds 380,000 since inception of LQWD's first node in November 2021, routing over 500 Bitcoin.
  • With the implementation of a sophisticated AI channel rebalancing system in August 2023, average daily routing volume has increased dramatically by approximately 300% and climbing.
  • "We continue to expand our presence on the Lightning Network in a very significant way and gaining market share on this explosive network.
  • For more details, check out LQWD's corporate presentation , and stay updated on Lightning Network node growth or connect to the Company's nodes in real time.

Velo Is Enhancing Its Own Ecosystem Through Interoperability

Retrieved on: 
Tuesday, March 5, 2024

BANGKOK, March 5, 2024 /PRNewswire/ -- As new blockchains and blockchain-based platforms emerge, it's crucial for these ecosystems to be interconnected, enabling users to seamlessly transfer their assets without complications. Velo is enhancing its own ecosystem through interoperability, aspiring to become a pivotal connection point for various blockchains.

Key Points: 
  • Velo is enhancing its own ecosystem through interoperability, aspiring to become a pivotal connection point for various blockchains.
  • A significant update within Universe is its support for multiple wallet addresses on a single platform, catering to users who possess multiple wallets across different platforms.
  • Velo is advancing its blockchain integration by incorporating the Solana and Tron networks, aiming to offer enhanced deposit and withdrawal functionalities to enrich its ecosystem.
  • With aggressive strides towards unlocking the full potential of the Velo Protocol, Velo is poised for significant growth and innovation.

Velo Is Enhancing Its Own Ecosystem Through Interoperability

Retrieved on: 
Tuesday, March 5, 2024

BANGKOK, March 5, 2024 /PRNewswire/ -- As new blockchains and blockchain-based platforms emerge, it's crucial for these ecosystems to be interconnected, enabling users to seamlessly transfer their assets without complications. Velo is enhancing its own ecosystem through interoperability, aspiring to become a pivotal connection point for various blockchains.

Key Points: 
  • Velo is enhancing its own ecosystem through interoperability, aspiring to become a pivotal connection point for various blockchains.
  • A significant update within Universe is its support for multiple wallet addresses on a single platform, catering to users who possess multiple wallets across different platforms.
  • Velo is advancing its blockchain integration by incorporating the Solana and Tron networks, aiming to offer enhanced deposit and withdrawal functionalities to enrich its ecosystem.
  • With aggressive strides towards unlocking the full potential of the Velo Protocol, Velo is poised for significant growth and innovation.

Flash Protocol Announces Integration of Portal Swaps to Make Native Bitcoin Assets Accessible Across Chains

Retrieved on: 
Thursday, February 29, 2024

SAN FRANCISCO, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Flash Protocol, the premier platform for minting, trading and earning Bitcoin native assets, today announced a new integration with Portal, the first trust-minimized, cross-chain swaps that involve no bridges, custody or wrapping. Flash Protocol's native Bitcoin assets will be available on the Portal DEX Network, while the Portal Swap SDK will be integrated into Flash Protocol to allow users one-click, cross-chain trading of assets.

Key Points: 
  • Enabling one-click, cross-chain trading of assets, Flash Protocol's native Bitcoin assets will be available on the Portal DEX Network, while the Portal Swap SDK will be integrated into Flash Protocol.
  • SAN FRANCISCO, Feb. 29, 2024 /PRNewswire-PRWeb/ -- Flash Protocol , the premier platform for minting, trading and earning Bitcoin native assets, today announced a new integration with Portal , the first trust-minimized, cross-chain swaps that involve no bridges, custody or wrapping.
  • Flash Protocol's native Bitcoin assets will be available on the Portal DEX Network, while the Portal Swap SDK will be integrated into Flash Protocol to allow users one-click, cross-chain trading of assets.
  • Through its integration with Portal, Flash Protocol's native token $FLASH will be supported by the Portal DEX Network.

OKX Ventures 2024 Forecast: High-Profile Blockchain Games, AI-Powered Web3 Technology and Bitcoin Innovations to Fuel Web3 User Growth in 2024

Retrieved on: 
Wednesday, February 7, 2024

SINGAPORE, Feb. 7, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , today published its latest ' 2024 Forecast ' report.

Key Points: 
  • SINGAPORE, Feb. 7, 2024 /PRNewswire/ -- OKX Ventures , the investment arm of leading Web3 technology company OKX , today published its latest ' 2024 Forecast ' report.
  • The report predicts a significant user growth driven by blockchain games in 2024, especially with the integration of high-profile ("triple-a") blockchain games easing traditional gamers into the Web3 space.
  • OKX Ventures has made significant investments in projects such as FLock and MyShell that integrate AI and Web3 technologies.
  • OKX Ventures' comprehensive forecast underscores its commitment to supporting industry builders, high-quality startup teams and projects in the crypto and Web3 space.

Bitcoin Infrastructure Builder Bitlight Labs' Seed Round Led by Gate Ventures, Gate.io’s VC Arm

Retrieved on: 
Tuesday, February 6, 2024

Since Satoshi Nakamoto launched the first node in 2009, Bitcoin has proven to be the safest decentralized network.

Key Points: 
  • Since Satoshi Nakamoto launched the first node in 2009, Bitcoin has proven to be the safest decentralized network.
  • The Lightning Network (LN), a Bitcoin scaling solution capable of ~1 million transactions per second (TPS), was developed based on the concept of off-chain protocols, allowing instant Bitcoin transactions.
  • Centred on Really Good for Bitcoin (RGB) protocols, Bitlight Labs offers scalability over layer 2 and 3 solutions while maintaining Bitcoin-level safety and privacy guarantees.
  • Kevin Yang, Managing Partner at Gate Ventures, said: “People have been criticizing Bitcoin as too slow in technical development.

LQWD's Bitcoin Lightning Network Routing Volume Achieves Record Milestone

Retrieved on: 
Tuesday, January 30, 2024

VANCOUVER, BC, Jan. 30, 2024 /PRNewswire/ - LQWD Technologies Corp., (TSXV: LQWD) (OTC: LQWDF) a leading infrastructure and liquidity provider for the Bitcoin Lightning Network, as well as a holder of Bitcoin as an operational asset, announces the milestone of surpassing over 325,000 in transaction routing volume across the Company's global node network.

Key Points: 
  • VANCOUVER, BC, Jan. 30, 2024 /PRNewswire/ - LQWD Technologies Corp., (TSXV: LQWD) (OTC: LQWDF) a leading infrastructure and liquidity provider for the Bitcoin Lightning Network, as well as a holder of Bitcoin as an operational asset, announces the milestone of surpassing over 325,000 in transaction routing volume across the Company's global node network.
  • A key factor that has attributed to LQWD's volume acceleration is the collection of key data points and the implementation of AI to improve performance.
  • Moreover, the Company's Canada node hit record volume in December 2023 with nearly 35,000 transactions routed, which is a substantial volume breakout that can be attributed to LQWD's AI powered capabilities.
  • Our team is very excited and can foresee the opportunities for LQWD as the only publicly traded Bitcoin Lightning Network pure play within the rapidly growing eco-system.

UXUY releases 「Crypto Equity Manifesto II - Lightning Launchpad」, Calling for the Removal of Ponzi Models in new asset issuance

Retrieved on: 
Tuesday, January 23, 2024

And published the UXUY Crypto Equity Manifesto II on the official blog, explaining the importance of crypto equity when issuing new assets based on Launchpad.

Key Points: 
  • And published the UXUY Crypto Equity Manifesto II on the official blog, explaining the importance of crypto equity when issuing new assets based on Launchpad.
  • UXUY Lightning Launchpad takes advantage of the lightning network's high efficiency and low gas and relies on the Lightning Network Invoice random number to ensure that the Launchpad process is transparent.
  • UXUY Lightning Launchpad is exploring a new model that is equal, transparent, and based on the native consensus of the Bitcoin Lightning Network.
  • With the UXUY Lightning Launchpad, we introduce a solution based on the Bitcoin Lightning Network.