PANews reported on April 29 that according to The Block, the cryptocurrency exchange Coinbase said that 15% of its Bitcoin trading volume was achieved through the Lightning Network. Previously, in April 2024, Coinbase integrated the Lightning Network to provide customers with more efficient and convenient Bitcoin trading services. Coinbase Product Director Michael Rihani pointed out in a statement: "Integrating the Lightning Network is a key step in supporting the Bitcoin ecosystem and promoting payment upgrades. In less than a year, 15% of transactions use the network, verifying its practicality. With the support of Lightspark, Bitcoin is becoming a powerful tool for global payments." Lightspark focuses on expanding the global payment infrastructure through the Lightning Network, and has developed tools such as SDK to help developers access the network. In addition, Coinbase not only simplifies transactions, but also seeks to increase consumers' Bitcoin holdings. It announced that it will launch the "Coinbase Bitcoin Income Fund" on May 1, with a target annual return rate of 4% to 8%.
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