Coinbase Will Integrate Bitcoin Lightning Network, Says CEO Brian Armstrong

Apr 09, 2023 · 1 min read · 83 points
Coinbase Will Integrate Bitcoin Lightning Network, Says CEO Brian Armstrong
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Brian Armstrong said the crypto exchange would integrate Bitcoin Lightning network into its platform. Armstrong made this statement in response to a tweet by Bitcoin bull Wicked who challenged him for not publicly commenting about the network before. Armstrong did not provide further information on

Highlights

  • Brian Armstrong said the crypto exchange would integrate Bitcoin Lightning network into its platform.
  • Armstrong made this statement in response to a tweet by Bitcoin bull Wicked who challenged him for not publicly commenting about the network before.
  • Armstrong did not provide further information on when this integration would happen.
  • Bitcoin Lightning’s adoption of the network has grown steadily over the past year.
  • The number of Bitcoin locked in Lightning reached an all-time high of 5,490 BTC in February but has dropped to 5,420 BTC, according to defillama.
  • This is a significant growth considering it had 3,350 BTC at the beginning of last year.

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