Welcome to The Protocol, CoinDesk's weekly wrap-up of the most important stories in cryptocurrency tech development. We’re Margaux Nijkerk & Jamie Crawley, reporters at CoinDesk.In this issue:Nasdaq-Listed SoFi Taps Bitcoin…
What is the Lightning Network, and how does it work? …
Today, Spark has announced a new integration with Wallet of Satoshi, one of the largest Bitcoin Lightning Network (LN) wallets, to bring users a “truly self-custodial Lightning experience,” in beta,…
Lnfi Network, a DeFi platform on Bitcoin’s Lightning Network, has integrated the RGB Protocol, enabling scalable, programmable assets on Bitcoin. Announced alongside RGB’s mainnet launch, this allows developers and users…
Today, Lightning Labs has announced it has released Taproot Assets v0.6, an update to the first multi-asset Lightning protocol on Bitcoin mainnet. The update improves how stablecoins can be minted,…
Ego Death Capital’s portfolio reveals adoption metrics including $1.5 billion in Lightning-powered trading volume, as Block shocks the industry with their 9.7% Lightning Network yield. While bitcoin treasury companies, debates about…
Sati, a Bitcoin payments app and Lightning infrastructure provider, today announced the launch of its Lightning integration with Xverse, a Bitcoin wallet used by over 1.5 million people worldwide. Thanks…
Today, Breez and Spark have announced a new implementation of the Breez SDK, built on Spark’s Bitcoin-native Layer 2 infrastructure. According to a press release sent to Bitcoin Magazine, the…
Steak ‘n Shake has officially launched Bitcoin payments via the Lightning Network, following the announcement reported on May 9. At the time, the fast food chain teased its plans to…
Lightning Network infrastructure provider, Neutron, is now working with Cobo, a digital asset custody platform, to integrate the Lightning Network into their custody platform, according to a press release sent…