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A report from the Bitcoin-only exchange River suggests increased Lightning usage will play a key role in Bitcoin becoming a better medium of exchange. Bitcoin’s layer 2 Lightning Network has seen an estimated 1,212% growth in two years , with around 6.6 million routed transactions in August, a significant jump compared to August 2021’s 503,000 transitions, according to data from the Bitcoin (BTC)-only exchange River. In an Oct. 10 report, River research analyst Sam Wouters explained the jump in routed transactions — which use more than two nodes to facilitate a transfer — came despite a 44% fall in Bitcoin’s price and considerably less online search interest. “‘Nobody is using Lightning’ should now be a dead meme,” Wouters said in an Oct. 10 follow-up X (Twitter) post, taking a shot at Lightning critics. “Nobody is using Lightning” should now be a dead meme. Launching a new #Bitcoin report from @River: How the Lightning Network grew by 1212% in 2 years It’s time to pay attention to ...

Amid ongoing regulatory efforts, the U.S. Securities and Exchange Commission (SEC) is poised to contest Ripple’s recent victory. Binance captures attention with ambitious growth moves, while PayPal introduces its very own stablecoin.  Greater scrutiny in the U.S. This week, government agencies sought to establish clarity. The Federal Reserve introduced an innovative endeavor aimed at overseeing cryptocurrency operations within banking institutions. The Novel Activities Supervision program will diligently track activities pertaining to cryptocurrencies, encompassing trading and lending, with a particular emphasis on enhancing the security of stablecoin s. The SEC deferred its decision on the Bitcoin ETF proposal put forth by Ark Invest and 21Shares, with the intention to gather insights from the general populace. The agency chose not to approve nor reject the proposal. The recent actions undertaken by the SEC garnered considerable public interest, as the commission initi...

Polygon (MATIC) and Avalanche (AVAX) are under pressure. On the other hand, Borroe’s (ROE) growth potential and real-world utility is pulling more investors who have, in turn, bought over 93% of tokens allocated in the early phases of the ongoing presale.  >>Buy ROE tokens now<< Borroe  investors bullish Borroe is a funding marketplace that allows content creators and web3 participants to obtain upfront funds from future recurring revenues.  Businesses in the web3 community can use the Borroe ecosystem to generate instant cash flow by minting non-fungible token (NFT) representations of future and outstanding invoices, which are then sold at a reduced price in the Borroe marketplace.  You might also like: Bitcoin dominance wanes: Chainlink, Borroe, and Monero step up in altcoin season Borroe’s deflationary token, ROE, is issued on Polygon, a scalable Ethereum sidechain.  ROE holders can use the token to purchase inv...