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Weekly Roundup: Bitcoin Trade Namibia Integrates the Lightning Network

Weekly Roundup: Bitcoin Trade Namibia Integrates the Lightning Network
While the Subreddit WallStreetBets was moving markets in a major way this week, the African crypto space remained spirited. In this week’s news roundup, we cover Bitcoin Trade Namibia’s lightning network integration, among other stories.
Bitcoin Trade Namibia Integrates the Lightning Network
Users of Bitcoin Trade Namibia can now enjoy instant deposits and withdrawals after the exchange integrated the lightning network into their bitcoin on/off-ramp.
The founder, S.R Hadden, wrote on Twitter: “Ahead of a few major changes upcoming at Bitcoin Namibia, one we have already implemented this year is lightning integration for sell/buy orders. While we see the promise in many layer two technologies, we believe LND is the future for P2P, P2B, and B2P bitcoin transactions.”
Bitcoin Trade Namibia is a platform where users can buy or sell bitcoin with the Namibian dollar or the South African Rand. Moreover, the platform offers a non-custodial service. That means it does not store the keys and coins of its users. Also, Bitcoin Trade Namibia does not support altcoins.
Lightning Labs also announced the integration in its newsletter .
Binance Charity Runs Campaign to Fight COVID-19 in Kenya
Binance Charity is running a campaign called #SewMasksForAll to fight COVID-19 in Kenya. The campaign aims to raise funds for the MamaToTheRescue project, which will empower Kenyan women.
Through the campaign, Binance Charity will acquire and donate sewing machines to 20 beneficiaries. The women that receive these machines will make masks that will then be sold for a profit to feed individuals via the Mama To The Rescue food campaign. That means that the #SewMasksForAll campaign is not only fighting COVID-19 but also creating jobs, reducing hunger, and alleviating poverty.
“Beyond finding ways to support these families economically, this project helps women battle other issues, such as gender inequality. Sometimes the underprivileged need help and access to the right set of tools to get on the right track of beating socio-economic problems,” said Helen Hai, Head of Binance Charity.
Binance Charity is hoping to raise $5,000. You can donate using BNB, XRP, BUSD, BTC, and ETH.
Binance to Allocate $1 Million to African Developers
During the launch of the Binance masterclass , CEO Changpeng Zhao announced the allocation of $1 million to African developers creating projects on the Binance Smart Chain. The decision is in line with the company’s efforts to drive growth in the African blockchain ecosystem.


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