Lightning Network news and trends

Pick n Pay Expands Crypto Payments in South Africa
Cryptocurrency // November 01, 2022

The South African grocery retailer Pick n Pay announced Tuesday (Nov. 1) that it has completed the first phase of a pilot that allows customers to pay in-store using the Lightning Network bitcoin payment protocol. As it makes transactions cheaper and faster than dealing directly...

Strike Raises $80M to Grow Its Bitcoin-Based Payment Network
Investments // September 27, 2022

Digital payment provider Strike, which is built on the Bitcoin Lightning Network, has raised $80 million in a Series B funding round, which it will use to grow, expand existing partnerships and launch new partnerships. Strike provides both businesses and consumers with the ability to...

Today in Crypto: FIFA Builds NFT Platform for Soccer Fans; Meta Begins EU Campaign to...
Cryptocurrency // September 05, 2022

FIFA will be debuting a non-fungible token (NFT) platform to offer digital collectibles portraying the best game moments in soccer, Bitcoin.com reported. The platform will likely open later in the month and will come with several initial collections of tokens along with more to be...

Today in Crypto: Lightning Network Payments Volume Increases 400% in Year; Crypto Sector Critical of...
Cryptocurrency // April 14, 2022

In a new report, information on how the Lightning Network has grown in popularity highlights how some people need to transfer digital assets globally, Cointelgraph wrote Wednesday (April 13). According to a report from Arcane Research, the influx of users accessing the Lightning Network comes...

Quick Reads
Bitcoin Payment Processor IBEX Pay to Suspend Services in US

May 16, 2024
Bitcoin payment processor IBEX Pay will suspend all its services in the United States, effective May 31. The company announced the move in a Wednesday (May 15) post on X (formerly Twitter). “Any outstanding balance will be transferred to our clients’ Swan accounts or Bitcoin addresses,” IBEX Pay said in the post. “We urge our clients to provide […]

Pick n Pay Expands Crypto Payments in South Africa

November 01, 2022
The South African grocery retailer Pick n Pay announced Tuesday (Nov. 1) that it has completed the first phase of a pilot that allows customers to pay in-store using the...

Strike Raises $80M to Grow Its Bitcoin-Based Payment Network

September 27, 2022
Digital payment provider Strike, which is built on the Bitcoin Lightning Network, has raised $80 million in a Series B funding round, which it will use to grow, expand existing...

Today in Crypto: FIFA Builds NFT Platform for Soccer Fans; Meta Begins EU Campaign to...

September 05, 2022
FIFA will be debuting a non-fungible token (NFT) platform to offer digital collectibles portraying the best game moments in soccer, Bitcoin.com reported. The platform will likely open later in the...