MicroStrategy To Offer Lightning Network Solutions In 2023 – December 29

πŸ“ˆ 30 Second Cryptocurrency Price Summary

Current Bitcoin Price:Β $16,628

Bitcoin price has remained uneventful, as volatility continues to dwindle. Price traded within a range of just $163 over the last 24 hours.

Top-20 altcoins have also stayed relatively steady, as Ether remains unchanged, while BNB gains just 1%. Solana was the outlier for the day, falling 8%.

Top Stories for December 29, 2022 πŸ”₯

πŸ‘‰ MicroStrategy To Offer Lightning Network Solutions In 2023

Business intelligence company MicroStrategy, one of the largest holders of Bitcoin, plans to release software and solutions using the Bitcoin Lightning Network in 2023.

MicroStrategy is also looking to hire a software engineer to build a Lightning Network platform and make it easy for other enterprises to set up Lightning infrastructure. The company’s chairman also mentioned a potential cybersecurity solution using Bitcoin as a paywall to protect websites from attacks.

The Lightning Network is a payment protocol that enables faster and cheaper transactions on top of the Bitcoin blockchain.

πŸ‘‰ Solana Tokens Continue To Underperform vs. Wider Crypto Market

Solana (SOL) has seen a 10% drop in the past 24 hours and a 20% slide over the past week. The coin’s poor performance is likely due to its association with FTX founder Sam Bankman-Fried. who is facing charges of fraud and misappropriation of client funds.

This marks the longest period of declines for SOL since September 2021. The value locked on Solana-based applications has also declined 98% since November 2020.

πŸ‘‰ Binance Warns Of API Key Leak From 3Commas Platform

Binance CEO Changpeng Zhao believes there was likely a widespread leak of API keys from trading platform 3Commas in October.

This was confirmed by 3Commas, which has advised users who have ever entered an API key on the platform to disable it immediately. An investigation in October revealed that API keys had been used to conduct unauthorized trades on DMG trading pairs.

3Commas said at the time that the API keys were likely obtained through a third-party hack or phishing attack, rather than being taken directly from the company.