Lightning 201: Failover Strategies For Lightning Nodes
High-Frequency Trading Safely Access Remote Lightning Databases Lightning Latency Lightning Network adoption continues to proliferate in 2019. Last week Bitfinex was the first major exchange to adopt Lightning as a way to transfer BTC. Now you can deposit and withdraw …
Bakkt Launch
Introduction On September 23rd, Bakkt, a subsidiary of the Intercontinental Exchange (ICE) (owners of the New York Stock Exchange), launched the much anticipated bitcoin futures contract. What makes the Bakkt offering unique is that it is the first contract to …
SEC Broker-Dealer Custody of Digital Assets
On July 8, the Securities and Exchange Commission (SEC) issued a statement regarding the complexity around digital assets and the broker-dealer relationship. The SEC did not put forth new rules or guidelines. Rather, they articulated some of the issues under …
Aligning Exchange Incentivizes Using Lightning
Lightning is an extremely powerful technology to align incentives for digital resources such as APIs. Last June, BitMEX — one of the world’s largest cryptocurrency exchanges — announced that data was dropped from their websocket api because of system overload. …
Lightning 101 For Exchanges: Conclusion
Over the past couple of months, we have put forth ideas on why cryptocurrency exchanges should consider adopting Lightning technology for their platforms. We have highlighted the benefits to both exchanges and their customers. But we have also attempted to …
Lightning 101 For Exchanges: Routing Nodes
We have written previously about the advantages Lightning gives exchanges and their customers. In particular; lower fees, faster transactions, and additional security. In this post we want to discuss why crypto exchanges should consider operating a routing node on the …
Bitcoin vs Lightning Fees
We’ve written a number of posts explaining and discussing how Lightning can help individual traders as well as exchanges have a better trading experience and make more money. The current bitcoin bull market serves as a convenient opportunity to highlight …
Lightning 101 For Exchanges: Managing Fees With Lightning
Last week we discussed how Lightning can help Exchanges create a better user experience by helping to create liquidity (link to post) for custom deposits and withdrawals. In that post, we mentioned the impact of on-chain fees. In this post, …
Crypto Exchange API Update: EOS Support
We are pleased to announce the addition of EOS to the Suredbits Crypto Spot Exchange API and Crypto Futures Exchange API. EOS has an approximately $4.8 billion market cap and averages roughly $90 million 24 hour trading volume on our represented exchanges. …
Lightning 101 For Exchanges: Security Part 3 – Private Key Management
This is the sixth post in our “Lightning 101 for Exchanges” blog series. In this post we explore private key management and some of the considerations and nuances required for security. Lightning For Exchanges Series Overview Regulation Part 1 — Money Transmitter …