- Cash App users can now send and receive bitcoin payments instantly via the Lightning Network, per an announcement from the company’s product lead, Michael Rihani.
- Previously, Cash App users could only send bitcoin lightning payments, but users can now also receive bitcoinusing Lightning wallets.
- Integrates BIP21 so a single QR code can receive either onchain or lightning payments depending on senders preference.
- Lightning functionality is not available to New York residents due to state specific regulation.
No two users can claim the same addresses on the platform ensuring that there is no cross-attestation. Additionally, if a user removes an address or wallet, that address cannot be re-attested for at least 60-days.
Block (formerly Square) will be manufacturing their upcoming hardware wallet in Austin, Texas. This post highlights the process they took when making this decision.
Genesis is the main partner in Gemini’s “earn” programme, where retail investors lend out their coins in exchange for a fixed stream of returns. Gemini halted withdrawals from the scheme last month.