De-fi
Coinbase Rolls Out Bitcoin’s Lightning Network – Crypto News
The integration comes thanks to a partnership with Lightningspark.
Coinbase rolled out support for Bitcoin’s Lightning Network today.
A blog post by Coinbase said that using the Lightning Network reduces the cost of sending BTC more than 20 times less the average 2% credit card charges, and an even larger fraction of the $30 paid by users on wire transfers.
“I’m thrilled to announce that Lightning is now live on Coinbase,” posted Viktor Bunin today, protocol specialist for Coinbase. “I could not be more proud of the team for shipping it so quickly. Growing Bitcoin adoption increases economic freedom in the world. This is my personal life mission and the mission for all of us at Coinbase.”
According to CoinGecko, Coinbase is the fifth largest crypto exchange by 24-hour volume, and remains the largest platform to buy and sell digital assets in the United States.
Integrating the Lightning Network could help to see a massive influx of users to the protocol, along with Coinbase becoming one of Lightning Network’s top liquidity providers, creating a virtuous circle of additional users and additional capital flowing through channels.
According to Bunin, the crypto exchange began looking into adding support for the Lightning Network in August 2023, and made the final decision to add it into the company’s tech stack in September.
The Lightning Network is a Bitcoin Layer 2 that allows for users to send units of Bitcoin (known as satoshis) instantly and at near-zero cost. It was originally touted as the savior to Bitcoin’s scaling issues, but adoption has remained slow–due to concerns with usability, and the general sentiment that Bitcoin continues to be in a store-of-value phase.
Coinbase’s integration could help to buck the trend.
-
Technology1 week agoChip Designer Arm Plans to Become Chip Manufacturer – Crypto News
-
Cryptocurrency3 days agoSUI eyes 24% rally as bullish price action gains strength – Crypto News
-
others6 days agoJapanese Yen remains depressed amid modest USD strength; downside seems limited – Crypto News
-
Technology1 week agoMacBook Air M3 15-inch model gets a ₹12,000 price drop on Amazon: Deal explained – Crypto News
-
Cryptocurrency2 days agoCoinbase scores major win as SEC set to drop lawsuit – Crypto News
-
others1 week ago
Japan Foreign Investment in Japan Stocks declined to ¥-384.4B in February 7 from previous ¥-315.2B – Crypto News
-
Technology1 week agoPerplexity takes on ChatGPT and Gemini with new Deep Research AI that completes most tasks in under 3 minutes – Crypto News
-
Technology1 week agoLava Pro Watch X with 1.44-inch AMOLED display, in-built GPS launched in India at ₹4,499 – Crypto News
-
Blockchain6 days agoXRP Set To Outshine Gold? Analyst Predicts 1,000% Surge – Crypto News
-
Cryptocurrency1 week agoAdvisers on crypto: Takeaways from another survey – Crypto News
-
others1 week agoRemains subdued below 1.4200 near falling wedge’s lower threshold – Crypto News
-
Cryptocurrency1 week ago0xLoky Introduces AI-powered Intel for Crypto Data & On-chain Insights – Crypto News
-
Technology1 week agoFactbox-China’s AI firms take spotlight with deals, low-cost models – Crypto News
-
Technology1 week agoMassive price drops on Samsung Galaxy devices: Up to ₹10000 discount on Watch Ultra, Tab S10 Plus, and more – Crypto News
-
Cryptocurrency1 week agoTether Acquires a Minority Stake in Italian Football Giant Juventus – Crypto News
-
Blockchain1 week agoXRP To 3 Digits? The ‘Signs’ That Could Confirm It, Basketball Analyst Says – Crypto News
-
others1 week agoAustralian Dollar jumps to highs since December on USD weakness – Crypto News
-
Technology1 week agoWeekly Tech Recap: JioHotstar launched, Sam Altman vs Elon Musk feud intensifies, Perplexity takes on ChatGPT and more – Crypto News
-
Technology1 week agoWhat will it take for India to become a global data centre hub? – Crypto News
-
Technology1 week agoChatGPT vs Perplexity: Sam Altman praises Aravind Srinivas’ Deep Research AI; ‘Proud of you’ – Crypto News
-
Blockchain1 week agoNEAR Breaks Below Parallel Channel: Key Levels To Watch – Crypto News
-
Blockchain7 days agoWill BTC Rebound Or Drop To $76,000? – Crypto News
-
Blockchain7 days agoXRP Price Settles After Gains—Is a Fresh Upside Move Coming? – Crypto News
-
Metaverse6 days agoHow AI will divide the best from the rest – Crypto News
-
Business6 days agoWhat Will be KAITO Price At Launch? – Crypto News
-
Business6 days agoElon Musk’s DOGE Launches Probe into US SEC, Ripple Lawsuit To End? – Crypto News
-
Blockchain6 days agoXRP Price Pulls Back From Highs—Are Bulls Still in Control? – Crypto News
-
Business5 days agoWhales Move From Shiba Inu to FXGuys – Here’s Why – Crypto News
-
Technology1 week agoBest phones under ₹20,000 in February 2025: Poco X7, Motorola Edge 50 Neo and more – Crypto News
-
Blockchain1 week agoPopular Investor Says Memecoin More Superior With ‘World’s Best Chart’ – Crypto News
-
Cryptocurrency1 week agoCrypto narratives as we await next market move – Crypto News
-
Business1 week agoHow Will It Affect Pi Coin Price? – Crypto News
-
Cryptocurrency1 week agoWho is Satoshi Nakamoto, The Creator of Bitcoin? – Crypto News
-
Technology1 week agoGrok 3 is coming! Elon Musk announces launch date, promises ‘smartest AI on Earth’ – Crypto News
-
Technology7 days agoUnion Minister Ashwini Vaishnaw to launch India AI Mission portal soon, 10 companies set to provide 14,000 GPUs – Crypto News
-
Business6 days agoThese 3 Altcoins Will Help You Capitalize on Stellar’s Recent DIp – Crypto News
-
others6 days agoForex Today: What if the RBA…? – Crypto News
-
Cryptocurrency5 days agoHayden Davis crypto scandal deepens as LIBRA memecoin faces fraud allegations – Crypto News
-
Technology5 days agoLuminious inverters for your home to never see darkness again – Crypto News
-
Technology3 days agoStellantis Debuts System to Handle ‘Routine Driving Tasks’ – Crypto News
-
Metaverse1 week agoStrange Love: why people are falling for their AI companions – Crypto News
-
Technology1 week agoFormer Google CEO warns of ‘Bin Laden scenario’ for AI: ‘They could misuse it and do real harm’ – Crypto News
-
Cryptocurrency1 week agoYap-to-earn takes over Twitter – Blockworks – Crypto News
-
Cryptocurrency1 week agoSomeone Just Won $100K in Bitcoin From a $50 Pack of Trading Cards – Crypto News
-
Technology1 week agoCyber fraud alert: Doctor duped of ₹15.50 lakh via fake trading app; here’s what happened – Crypto News
-
Cryptocurrency1 week agoGameStop Stock Price Pumps After Report of Bitcoin Buying Plans – Crypto News
-
Blockchain1 week agoXRP Bullish Pennant Targets $15-$17 But Confirmation Is Required – Crypto News
-
Technology7 days agoSouth Korea removes DeepSeek from app stores, existing users advised to ‘service with caution’ – Crypto News
-
Business6 days agoWhy Ethereum (ETH) Price Revival Could Start Soon After Solana Mess? – Crypto News
-
Business6 days agoMarket Veteran Predicts XRP Price If Ripple Completes Cup and Handle Pattern – Crypto News