According to BlockBeats, Paolo Ardoino, Tether's Chief Technology Officer, made an announcement via social media. Ardoino stated that Bitfinex, one of the leading cryptocurrency exchanges, has been operating two out of the three largest Bitcoin Lightning Network nodes in existence since 2019.

The Lightning Network is designed to make Bitcoin transactions faster and more efficient. This revelation underscores Bitfinex's significant role in facilitating and maintaining the effectiveness of the Bitcoin transaction network.