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Ark Labs has been established to respond to the need for scalable, low-cost bitcoin payments. Ark's creator Burak Keceli has moved on to other things, but the protocol and now Ark Labs is continuing to pursue the goal of building on and enhancing what Lightning has brought to Bitcoin. The team behind Bitcoin layer-2 protocol Ark has formed a new company that will build a faster, cheaper payments system on the world's largest blockchain, aiming to create a better venue than Lightning Network. The new firm, Ark Labs, was established to respond to the need for scalable, low-cost bitcoin payments, according to an emailed announcement on Tuesday. The two primary objectives of the new company are to develop an open implementation of the Ark Protocol and build services for users, the first of which is expected later this year. Layer-2 protocol Ark is built to allow off-chain payments in a way that avoids what creator Burak Kecli referred to as the "inbound liquidity" problem of Lightning. “Lightning has many problems. But number one to me is the inbound liquidity problem,” Keceli told CoinDesk in an interview a year ago. “Imagine a payment system where you need money to receive money. This doesn't make any sense.” Keceli has since moved on to other things, but the protocol and the newly formed Ark Labs continued to pursue the goal of building on and enhancing Lightning's contributions to Bitcoin. Instead of requiring users to commit funds at the outset to establish liquidity, Ark uses service providers who provide 24-hour liquidity services for a fee. Ark’s off-chain payments use an unspent transaction output (UTXO) model that uses virtual unspent transaction outputs (VTXOs) to facilitate unidirectional, one-time-only payments. $BTC $ETH $BNB

Aptos (APT) ecosystem CEO Mo Shaikh was named to the CFTC's digital assets subcommittee. The CFTC's digital assets subcommittee is part of a larger committee made up of industry representatives who advise the agency on regulation and rulemaking. Other members include executives from BlackRock, BNY Mellon and Uniswap Labs. *This is not investment advice $BTC $ETH $DOT

If You Have 1000$ Buy These 3 Coins And Hold For Long Term hope you will Get Good Profit $SC $GALA $NOT

💜Free Signal Future 💜 💜Long SXP 💜 $SXP P 👈 click and make trade #sxp/usdt ●Entry Market price ● ( 20x) ● T.P ■ 0.36 ■0.37 ■0.38 ● SL make own decision ● Not Financial advice

Australia officially launches its Bitcoin ETFs tomorrow. The Spot BTC ETF success across other nations will surely reflect in Australia as well. The crypto market braces for impact, could this be the trigger to the golden bull run? The Bitcoin ETF narrative continues to gain traction across the world and the next country preparing to welcome its potential. Specifically, Australia’s first Bitcoin ETF will go live tomorrow and the crypto market awaits another surge. As another country prepares to embrace Bitcoin ETFs within its borders, massive inflows and bullish waves await Bitcoin (BTC) price. So far every country that launched a Bitcoin ETF has seen exponential interest and rapid adoption from its people and financial entities. Not long ago, Australia made its official announcement to approve Spot Bitcoin Exchange Traded Funds (ETFs). Seeing as how Bitcoin ETFs brought raging success in other countries such as the USA and Hong Kong, it was only a matter of time before other countries followed this lead and Australia is the next to take this crucial step. Compared to the first listing of Bitcoin ETFs the process was much faster in Australia. This possibility for Bitcoin ETFs in Australia only came by thanks to the new regulations that went into play mid-last year in Australia. With the red tape being cleared paired with the undeniable success of Bitcoin ETFs across other parts of the world, Australia has made its strategic decision to enter the Bitcoin ETF markets. Now their Bitcoin ETFs will finally go live starting tomorrow. This is another move that supports the crypto market expectation of a massive supply shock for Bitcoin (BTC) with exchanges at an all time low in Bitcoin (BTC) supply this expectation is closer than ever. $BTC $ETH $BNB

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