Lightning Labs Raises $10M Series A to Be the ‘Visa’ of Bitcoin
Lightning Labs has raised $10 million in Series A financing as it gears up to launch its first paid service for merchants accepting bitcoin payments.
The layer 2 protocol holds $12.4 million worth of bitcoins.
LND now supports Lightning Network wumbo channels. These channels have the capacity to hold more funds, and users can send larger bitcoin transactions.
Lightning Labs made bookkeeping easier for node operators. Blockstream’s c-lightning 0.9.1 release improves channel opening and routing mechanisms.
What happens to your bitcoin after you die? Lightning developers think a "dead man's button" could be a new tool to passing your crypto to your heirs.
With bitcoin headed back up towards $10,000, Markets Daily is back with a quick, time saving bitcoin-focused news roundup.