![Binance Lightning Network Opens Deposits & Withdrawal Channels Binance Lightning Network Opens Deposits & Withdrawal Channels](https://s32659.pcdn.co/wp-content/uploads/2023/03/bic_Ordinals_Inscriptions_neutral_ufo_bitcoin_nft_code.jpg)
Binance users will now be able to deposit and withdraw Bitcoin on the Lightning Network. The exchange announced on July 17 that it had integrated the scaling solution. Binance has completed the integration…
![Bitcoin Developers Propose Hierarchical Channels To Boost Lightning Network Scalability Bitcoin Developers Propose Hierarchical Channels To Boost Lightning Network Scalability](http://bitcoinmagazine.com/.image/c_limit,cs_srgb,h_1200,q_auto:good,w_1200/MTk0NjU5NjI0MzI1MDk2NjEw/lightning-network.png)
With hierarchical channels, Lightning may overcome its scalability limitations by enabling quick and flexible off-chain resizing of channels. Developers are exploring the use of hierarchical channels to help speed up and make the…