• Login
Crypto Newsmart
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE
No Result
View All Result
Crypto Newsmart
No Result
View All Result

NYDIG launches a Lightning Accelerator project dubbed “In Wo…

in Bitcoin
Reading Time: 2 mins read
NYDIG launches a Lightning Accelerator project dubbed
34
VIEWS
Share on Facebook


New York Digital Investments Group (NYDIG) is one of the largest investors in the Bitcoin ecosystem. The CEO of Stone Ridge Holdings Group, Ross Stevens, appeared at BitBlockBoom in Austin, Texas, where he said that NYDIG would launch a Lightning Accelerator Program.

NYDIG launches a Lightning Accelerator

Stevens is one of the long-term supporters of Bitcoin. On the other hand, NYDIG has made several investments in the Bitcoin space, including offering loans to players in the Bitcoin sector, such as miners.

Stevens has supported the sentiments of Bitcoin maximalists, who believe that the technology underlying most altcoins is weak. In his recent appearance, he assured that his company would solely focus on Bitcoin, adding that the concept of decentralized finance (DeFi) was worth a lifetime of effort.

Buy Crypto Now

Your capital is at risk.

Stevens said that the NYDIG would launch a Lightning Accelerator project. The executive said that in 2022, Bitcoin and the Lightning Network had continued to grow with the monthly increase of Lightning nodes.

The Lightning Accelerator targets small teams, individual founders, developers on the Lightning network, Series A companies, and pre-seed firms. The program will include travel and accommodation fees for participants around the world.

The program will run in cohorts of eight weeks. Each cohort will include 8 to 12 teams. The cohorts will be non-remote, and every team will receive significant seed capital, including recruited investors and full-time housing experts.

Stevens concluded his speech by saying that the company was committed to disrupting the fiat system. Therefore, they were urging developers, companies, and contributors in the crypto sector to work together and ensure that the future of finance is decentralized.

Lightning Accelerator triggers buzz in the community

The Bitcoin Lightning Network aims to boost the Bitcoin blockchain’s scalability. As the earliest blockchain network, Bitcoin is now facing competition from new networks focused on high transaction speeds and low fees. The Lightning Network is one solution for the Bitcoin blockchain to achieve scalability.

News of NYDIG’s launch of the Lightning Accelerator has created a buzz in the Bitcoin community amid a bear market that has persisted since the beginning of the year. Therefore, the community is waiting to see the effects of the Lightning Accelerator’s launch on Bitcoin’s price and whether it will trigger the widespread adoption of the coin at a time when the market needs positive news.

Read more:



Source link


  • Trending
  • Comments
  • Latest
Expert Bitcoin Price Predictions: From K to K in 2023, and Beyond

Expert Bitcoin Price Predictions: From $20K to $38K in 2023

1 February 2023
How Investigators Trace Crypto Criminals?

How Investigators Trace Crypto Criminals?

30 January 2023
How to trade cryptocurrency on Coinbase

How to trade cryptocurrency on Coinbase

31 January 2023
MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain

MoneyGram Partners With Circle To Enable USDC Cross-Border Stablecoin Transactions on Stellar (XLM) Blockchain

2 February 2023
How to trade cryptocurrency on Binance

How to trade cryptocurrency on Binance

27 January 2023
Sberbank Cover 1024x538 1

Russia’s Largest Bank to Launch Ethereum-Compatible DeFi Platform

5 February 2023
upload 7d22bc5d7be9c0d5d8f50161734559ae

KZG Ceremony Grant Round | Ethereum Foundation Blog

5 February 2023
Article Post Images 23

Bitcoin (BTC) Price to Surge 8x If This Scenario Plays Out – Here’s How and When

5 February 2023
crypto hacking

Hackers Stole $3.8 Billion From Crypto Firms in 2022, Says Chainalysis – Featured Bitcoin News

4 February 2023
ripple sec lawsuit

Ripple Vs SEC Update: Latest Hearing Offers Hope, XRP Gains Upper Hand

3 February 2023

  • Home
  • Disclaimer
  • Privacy Policy
  • Digital Millennium Copyright Act Policy (DMCA)
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
CRYPTO NEWSMART

Copyright © 2021 Crypto Newsmart.

No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • ALTCOIN
    • ETEREUM
    • NFT’s
    • CRYPTO PRICE ANALYSIS
  • LEARN CRYPTO
  • CRYPTO EXCHANGES
  • BLOCKCHAIN
  • MINING
  • SCAM ALERT
  • PRESS RELEASE

Copyright © 2021 Crypto Newsmart.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
  • bitcoinBitcoin(BTC)€21,092.83-2.61%
    BITCOIN
    24H : -2.61%
    Volume : €26,247,356,865.03
    Marketcap : €406,992,897,371.36
  • ethereumEthereum(ETH)€1,505.75-2.51%
    ETHEREUM
    24H : -2.51%
    Volume : €7,749,586,628.83
    Marketcap : €181,567,756,857.63
  • usdex-stablecoinUSDEX(USDEX)€0.995-0.96%
    USDEX
    24H : -0.96%
    Volume : €118,440.27
    Marketcap : €102,881,883,688.82
  • tetherTether(USDT)€0.9270.120%
    TETHER
    24H : 0.120%
    Volume : €35,280,250,058.84
    Marketcap : €63,135,723,229.91
  • binancecoinBNB(BNB)€300.17-2.47%
    BNB
    24H : -2.47%
    Volume : €841,669,137.87
    Marketcap : €40,541,761,015.91
  • usd-coinUSD Coin(USDC)€0.9270.150%
    USD COIN
    24H : 0.150%
    Volume : €2,550,679,916.60
    Marketcap : €38,895,266,708.82
  • rippleXRP(XRP)€0.371-2.59%
    XRP
    24H : -2.59%
    Volume : €926,986,119.49
    Marketcap : €18,846,358,873.99
  • binance-usdBinance USD(BUSD)€0.927-0.01%
    BINANCE USD
    24H : -0.01%
    Volume : €8,704,296,556.37
    Marketcap : €15,064,818,380.21
  • cardanoCardano(ADA)€0.363-1.92%
    CARDANO
    24H : -1.92%
    Volume : €353,509,937.74
    Marketcap : €12,728,401,744.51
  • dogecoinDogecoin(DOGE)€0.085-3.61%
    DOGECOIN
    24H : -3.61%
    Volume : €861,186,197.73
    Marketcap : €11,763,154,772.66
  • okbOKB(OKB)€41.261.35%
    OKB
    24H : 1.35%
    Volume : €24,883,465.85
    Marketcap : €10,178,559,686.67
  • matic-networkPolygon(MATIC)€1.10-4.33%
    POLYGON
    24H : -4.33%
    Volume : €569,880,226.97
    Marketcap : €9,904,784,191.94
  • solanaSolana(SOL)€21.45-5.14%
    SOLANA
    24H : -5.14%
    Volume : €639,758,496.82
    Marketcap : €7,999,124,117.33
  • shiba-inuShiba Inu(SHIB)€0.000014-2.82%
    SHIBA INU
    24H : -2.82%
    Volume : €974,750,195.03
    Marketcap : €7,953,733,827.22
  • staked-etherLido Staked Ether(STETH)€1,502.01-2.51%
    LIDO STAKED ETHER
    24H : -2.51%
    Volume : €12,608,753.27
    Marketcap : €7,599,410,708.09
  • polkadotPolkadot(DOT)€6.17-3.12%
    POLKADOT
    24H : -3.12%
    Volume : €242,333,095.14
    Marketcap : €7,395,102,776.21
  • litecoinLitecoin(LTC)€88.92-2.66%
    LITECOIN
    24H : -2.66%
    Volume : €480,936,101.47
    Marketcap : €6,425,828,731.25
  • avalanche-2Avalanche(AVAX)€18.40-5.11%
    AVALANCHE
    24H : -5.11%
    Volume : €320,355,431.80
    Marketcap : €5,796,444,559.21
  • tronTRON(TRX)€0.059-1.87%
    TRON
    24H : -1.87%
    Volume : €475,388,435.69
    Marketcap : €5,378,768,131.43
  • uniswapUniswap(UNI)€6.31-6.21%
    UNISWAP
    24H : -6.21%
    Volume : €142,271,987.08
    Marketcap : €4,758,589,373.99
Manage Cookie Consent

We use cookies to optimise our website and our service.

Functional Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Manage options Manage services Manage vendors Read more about these purposes
Preferences
{title} {title} {title}