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  <p class="is-style-lead">Binance, a cryptocurrency trading platform, has successfully integrated the Bitcoin Lightning Network. Users can now make<a href="https://crypto.news/price/bitcoin/" rel="noopener noreferrer nofollow">&nbsp;bitcoin</a>&nbsp;deposits and withdrawals.&nbsp;</p> 
  <p>The announcement comes a little under a month after the exchange revealed its intentions to incorporate the Bit Lightning Network.</p> 
  <p>Binance customers can utilize the layer-2 scaling solution for bitcoin deposits and withdrawals. The exchange verified the progress in a blog post on July 17.</p> 
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     <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> has completed the integration of Bitcoin ( <a href="https://twitter.com/hashtag/BTC?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#BTC</a> ) on the Lightning Network and deposits and withdrawals are now open. <br><br>More details here 👇<a href="https://t.co/aIofPdtAGY" target="_blank" rel="noopener noreferrer nofollow">https://t.co/aIofPdtAGY</a></p>— Binance (@binance) <a href="https://twitter.com/binance/status/1680777249090576385?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 17, 2023</a> 
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  <p>The BNB Smart Chain (BEP20), Bitcoin, the BNB Beacon Chain (BEP2), Bitcoin Core (SegWit), and Ethereum ERC20 are some further choices for users.&nbsp;</p> 
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   <div class="wp-block-embed__wrapper"> <iframe title="Bitcoin Lightning Network: This You NEED TO KNOW!! ⚡️" width="1020" height="574" src="https://www.youtube.com/embed/J3cQNpOR_a0?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
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  <h2 class="wp-block-heading" id="lightning-network-now-fitted-with-ai">Lightning Network now fitted with AI</h2> 
  <p>Lightning Labs, one of the groups behind the scaling solution, is also issuing tools to integrate the system with AI.</p> 
  <p> You might also like: <a href="https://crypto.news/xrp-ruling-triggers-crypto-rally-sec-accepts-bitcoin-etfs-binances-woes-mount-weekly-recap/" rel="noopener noreferrer nofollow"> XRP ruling triggers crypto rally, SEC accepts bitcoin ETFs, Binance’s woes mount | Weekly recap </a> </p> 
  <p>On July 6, the group&nbsp;<a href="https://lightning.engineering/posts/2023-07-05-l402-langchain/" target="_blank" rel="noopener noreferrer nofollow">stated</a>&nbsp;that the developer tools were available for download.</p> 
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   <p>“Incorporating Lightning and Bitcoin as native features into a global, inclusive, and out-of-the-box cost-effective long language model (LLM) toolset.”</p> 
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  <p>AI applications can process Bitcoin transactions on-chain and via the Lightning Network.</p> 
  <h2 class="wp-block-heading" id="overcoming-congestion">Overcoming congestion</h2> 
  <p>After being forced to briefly halt bitcoin withdrawals in May owing to a rush of pending transactions brought on by “the recent surge in BTC network gas fees,” Binance indicated the possibility of integrating the Lightning Network during that month.</p> 
  <p>On June 20, after users detected Binance’s Lightning nodes, the exchange explained that it was preparing the layer-2 scaling solution.</p> 
  <p>The proliferation of Ordinals and the widespread adoption of the BRC-20 standard for creating non-fungible tokens-like assets on Bitcoin has seen transaction fees rising in recent months.&nbsp;</p> 
  <p> Read more: <a href="https://crypto.news/binance-labs-invests-15m-in-web3-startup-xterio-to-boost-ai/" rel="noopener noreferrer nofollow"> Binance Labs invests $15m in web3 startup Xterio to boost AI </a> </p>
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Binance integrates The Bitcoin Lightning Network

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