CryptoMediaClub
Tuesday, June 24, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home Blockchain

Binance completes integration of Bitcoin Lightning Network

18.07.2023
A A
0
127
VIEWS
ShareShare

Binance, a prominent cryptocurrency exchange, has successfully integrated the Bitcoin Lightning Network, enhancing the speed and cost-effectiveness of Bitcoin transactions for its users. Following hints in May and the setup of Lightning nodes in June, Binance has now fully integrated the Layer 2 network, enabling users to deposit and withdraw Bitcoin via this solution.

The Bitcoin Lightning Network establishes direct payment channels between users, facilitating off-chain transactions with minimal fees that are settled on the main Bitcoin blockchain. This approach streamlines the process of sending and receiving Bitcoin without burdening the main chain with congestion.

Over the past year, the adoption of the Lightning Network has steadily increased, and it currently boasts a total capacity of over 5,000 bitcoin (equivalent to approximately $152 million), as reported by The Block’s Data Dashboard. This capacity signifies the maximum volume of Bitcoin that can be transacted through the network at any given time.

Binance joins the ranks of other cryptocurrency exchanges, including Kraken and Bitfinex, in offering Lightning Network services to their users. Moreover, Coinbase CEO Brian Armstrong has previously indicated plans for integrating the Lightning Network into Coinbase in the future.

With this integration, Binance aims to provide its users with enhanced transaction capabilities, leveraging the efficiency and scalability of the Bitcoin Lightning Network.

The post Binance completes integration of Bitcoin Lightning Network appeared first on BitcoinWorld.

Share10Tweet6ShareSharePin2

Related Posts

TRON Upgrade: Exciting v4.8.0 Proposal Promises Enhanced TRX Blockchain
Blockchain

TRON Upgrade: Exciting v4.8.0 Proposal Promises Enhanced TRX Blockchain

20.06.2025
0

Skip to content

Read moreDetails
Tether CEO Demands Ditching Cloud After Gigantic 16 Billion Password Data Breach

Tether CEO Demands Ditching Cloud After Gigantic 16 Billion Password Data Breach

20.06.2025
Major Leap: Upbit’s Banking Partner Joins Forces for South Korea Blockchain Advancement and Stablecoin Study

Major Leap: Upbit’s Banking Partner Joins Forces for South Korea Blockchain Advancement and Stablecoin Study

13.06.2025
Binance Alpha Spotlights Promising Pundi AI on Early Crypto Platform

Binance Alpha Spotlights Promising Pundi AI on Early Crypto Platform

12.06.2025
Chainlink CBDC Pilot: Pioneering Secure Digital Currency Exchange

Chainlink CBDC Pilot: Pioneering Secure Digital Currency Exchange

10.06.2025
Load More
Next Post
DOGE to the Moon? Expert Predicts Major Price Breakout

DOGE to the Moon? Expert Predicts Major Price Breakout

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

El Salvador Mined 474 Bitcoin (BTC) Since 2021 But The Government Now Holds 5,750 BTC

El Salvador Mined 474 Bitcoin (BTC) Since 2021 But The Government Now Holds 5,750 BTC

1 year ago
Bitcoin Miner Terawulf Sells 25% Stake, Plans to Reinvest in Enhancing Mining Fleet Efficiency

Bitcoin Miner Terawulf Sells 25% Stake, Plans to Reinvest in Enhancing Mining Fleet Efficiency

9 months ago
Bitcoin and proof-of-stake have natural ‘synergy’: Bitcoin Builders 2023

Bitcoin and proof-of-stake have natural ‘synergy’: Bitcoin Builders 2023

2 years ago
Shiba Inu Price Prediction as SHIB Spikes Up 1.7% in 24 Hours – $1 SHIB Possible Soon?

Shiba Inu Price Prediction as SHIB Spikes Up 1.7% in 24 Hours – $1 SHIB Possible Soon?

1 year ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

South Korea Expands Cryptocurrency Initiatives and Strengthens Market Regulation

Why Is Crypto Up Today? – June 24, 2025

XRP leads crypto market rally as Iran-Israel’s tentative ceasefire lifts sentiment

Alchemy Pay to Launch Proprietary Blockchain Network for Stablecoin Payments

“80% of Crypto Scams Could Be Stopped by One Mental Shift” — Crystal CEO | Interview

$4B Hong Kong Family Office Enters Crypto — How Big is the Bet?

Trending

Bitcoin Rebounds to $105,000 After Truce Claimed in Middle East – What’s Next?
All news

Bitcoin Rebounds to $105,000 After Truce Claimed in Middle East – What’s Next?

24.06.2025
0

Key Takeaways: Bitcoin jumped to $105,000 following Trump’s announcement of a ceasefire between Israel and Iran. Trump...

Dogwifhat Rockets 20% as Bitcoin Breaches $106K – Is a $1.00 Breakout Next?

Dogwifhat Rockets 20% as Bitcoin Breaches $106K – Is a $1.00 Breakout Next?

24.06.2025
Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, $3K Daily Stablecoin Limit

Turkey Slaps Strict New Crypto Oversight: Mandatory Source Checks, $3K Daily Stablecoin Limit

24.06.2025
South Korea Expands Cryptocurrency Initiatives and Strengthens Market Regulation

South Korea Expands Cryptocurrency Initiatives and Strengthens Market Regulation

24.06.2025
Why Is Crypto Up Today? – June 24, 2025

Why Is Crypto Up Today? – June 24, 2025

24.06.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz