After yesterday’s problem that forced the exchange to temporarily suspend Bitcoin withdrawals, Binance has announced that it will integrate Lightning Network (LN).
The announcement was made on the exchange’s official Twitter profile yesterday after withdrawals were reactivated.
To prevent a similar recurrence in the future, our fees have been adjusted. We will continue to monitor on-chain activity and adjust accordingly if needed.
Our team has also been working on enabling BTC Lightning Network withdrawals, which will help in such situations.
— Binance (@binance) May 8, 2023
According to the announcement, the LN integration will help in the event of future problems similar to yesterday’s.
What happened yesterday?
The last few days have seen a real boom in transactions on the Bitcoin blockchain.
In fact, the first of May saw a spike of over 680,000 on-chain transactions in a single day, but by the next day it was back to normal.
On the other hand, both yesterday and
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