CryptoNewsBreaks – LQwD FinTech Corp. (TSX.V: LQWD) (OTCQB: LQWDF) Scaling Capacity on Lightning Network
Jun 29, 2022
LQwD FinTech (TSX.V: LQWD) (OTCQB: LQWDF), a company focused on developing institution-grade payment infrastructure, liquidity and solutions for the Lightning Network (“LN”), has been scaling its capacity on the LN to drive awareness and growth. “The company’s flagship platform-as-a-service (‘PaaS’) offering, https://lqwd.tech/, was released in November 2021 in addition to the first company node on the Lightning Network – US-West. As the company’s longest operating node, the US-West node’s capacity is the highest – 5.73377252 BTC, which translates to 573,377,252 Satoshi/ US$121,051.86. Currently, 104 channels and 103 connected nodes are active on the network to the company’s Lightning Network node. Over the last 30 days, the US-West node has experienced growth overall, an increase of .250353 BTC (+4.57%) with an average channel capacity on the node of .055 BTC (US$1,162.01),” a recent article reads. “Including the US-West, the current node count operated by LQwD on the Lightning Network is 17. These nodes facilitate transactions in destinations worldwide, including Japan, England, Canada, France, Italy, Indonesia, Bahrain, South Africa, South Korea, Sweden, Singapore, Hong Kong, Brazil, Germany, India, and Ireland.”
To view the full article, visit https://ccw.fm/NRc0v
About LQwD FinTech Corp.
LQwD is a Lightning Network Service Provider (“LSP”) focused on developing payment infrastructure and solutions accelerating the global mega trend of Bitcoin adoption through the Lightning Network. The company’s mission is to develop institutional grade services that support the Lightning Network and drive improved functionality, transaction capability, user adoption and utility and scaling Bitcoin. LQwD also holds and acquires Bitcoin as an operating asset, establishing nodes and payment channels on the Lightning Network. For more information, visit the company’s website at www.LQwDFinTech.com.
NOTE TO INVESTORS: The latest news and updates relating to LQWDF are available in the company’s newsroom at https://ccw.fm/LQWDF
About CryptoCurrencyWire (“CCW”)
CryptoCurrencyWire (CCW) is a financial news and content distribution company that provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, (5) a full array of corporate communications solutions, and (6) a total news coverage solution with CCW Prime. As a multifaceted organization with an extensive team of contributing journalists and writers, CCW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, CCW brings its clients unparalleled visibility, recognition and brand awareness.
To receive instant SMS alerts, text “CRYPTO” to 844-397-5787 (U.S. Mobile Phones Only)
CryptoCurrency News Wire is where News, content and information converge via Crypto.
For more information, please visit https://www.CryptoCurrencyWire.com
Please see full terms of use and disclaimers on the CryptoCurrencyWire (CCW) website applicable to all content provided by CCW, wherever published or re-published: http://CCW.fm/Disclaimer
CryptoCurrencyWire (CCW)
New York, New York
www.CryptoCurrencyWire.com
212.994.9818 Office
[email protected]
CryptoCurrencyWire is part of the InvestorBrandNetwork
More News
Assam begins electoral roll revision, draft rolls to be out Nov 12
Assam has started the Special Summary Revision of electoral rolls to enhance accuracy and accessibility. The draft electoral rolls will be published on November 12, followed by a period for claims and objections. Polling stations will be rationalized to ensure no elector travels more than two kilometres to vote. The final electoral rolls are scheduled for publication on January 4, 2027.
Kolkata Durga Puja pandal stampede: 17 feared dead
Rain triggered a rush among people waiting outside the Chorbagan pandal, with several falling on the road as the crowd surged forward
Asian Para Games opening ceremony: When and where to watch live in India, time
Asian Para Games opening ceremony: When and where to watch live in India, time
Rajasthan BJP makes local poll gains, Congress fails to contain infighting
Despite internal conflicts among the senior state leaders, the BJP has been able to showcase unity with leaders standing behind CM Bhajan Lal Sharma. In Congress every leader is talking about unity but the differences keep surfacing. Recently while a group of Tribal leaders joining the party at Gehlot's residence raised slogans about 'Gehlot as CM for fourth time'.
Landlord vs Gen Z tenant: He fines him for late rent, but the renter’s comeback leaves him stunned
A landlord fined a Gen Z tenant for paying rent a day late, but the renter responded by tracking 63 days of allegedly unresolved repairs in a shared spreadsheet. When the landlord reportedly asked for the document to be removed, the tenant refused, sparking an online debate about rental rules, accountability and tenants’ rights.
India, West Indies draw T20 series after rain washes out decider
India and West Indies concluded their five-match T20 series with a 2-2 draw. The final game was interrupted by rain, preventing its completion. India had scored 118-5 in 7.4 overs before the match was abandoned. Veteran seamer Bhuvneshwar Kumar did not have a chance to bowl in this match. This match was significant as it marked the return of international cricket to Chinnaswamy Stadium.
Rubio’s Jamnagar visit may focus on Reliance’s Texas refinery deal, boost Trump’s midterm prospects: Expert
Foreign affairs expert Robinder Sachdev sees a possible commercial and political dimension to the visit, alongside discussions on bilateral and regional issues.
Tata Trusts to build 40-50 not-for-profit hospitals, says chairman, as philanthropy shifts to proving impact
Chairman Noel Tata, in the Trusts' Annual Report for 2025-26, said that the group will also build lasting public institutions and be judged on measurable results, not money spent.
Bengaluru's wait for international cricket ends in no result; T20I series ends 2-2
Bengaluru's wait for international cricket ends in no result; T20I series ends 2-2
Durga Ashtami 2026: What the festival means and why it is significant
Durga Ashtami 2026 is an important day of Navratri and Durga Puja, dedicated to Maa Durga and the victory of good over evil. Learn what Durga Ashtami means, why Ashtami Tithi is significant, the symbolism of Kaalratri and Mahagauri, and the importance of Sandhi Puja and traditional worship rituals.
YOUR NEWS, OUR NETWORK.
Do you have Great News you want to tell the world?
Be it updates about your business or your community, you can make sure that it’s heard by submitting your story to our network reaching hundreds of news sites across 6 verticals.