Arcane Research Launches Report on the Bitcoin Lightning Network, supported by Lightning Labs and Powered by OpenNode
Stockholm, October 5th, 2021 - Arcane Research, a wholly-owned division of Arcane Crypto, launched a new report today providing a complete overview of the Bitcoin Lightning Network and its ecosystem, with data not previously shared with the public.
Arcane Research, supported by Lightning Labs, have put together something that has previously been lacking - a detailed overview of the Bitcoin Lightning Network. The report breaks down the different subsectors of the Bitcoin Lightning Network, where we are today, and what we can expect in the future.
The report has been made possible by OpenNode, a leading Bitcoin-powered payment and payout provider for businesses everywhere, which has provided valuable support for the Arcane Research team and their mission to educate and share knowledge about the Bitcoin Lightning Network.
The Arcane Research team plans to publish updated reports on the development within the Bitcoin Lightning Network over time, in order to establish a new benchmark report in the crypto industry.
The report will be published in Spanish over the coming weeks and presented on the Adoption Bitcoin conference in El Salvador in November.
You can access a full copy of the "State of Lightning" report here.
Bendik Norheim Schei, the Head of Arcane Research commented on the launch of the report: "This has definitely been the most exciting report to write since we established Arcane Research two years ago. The team has been speaking to founders and developers all over the world, gathering information and data, to be able to understand the exponential growth we're currently seeing within the Lightning Network. We're still early, but we're now finally seeing real adoption and growth after several years of testing and developer-driven growth. They've made way for the current adoption, and to make bitcoin an instant, cheap and accessible medium of exchange, all over the world."
Elizabeth Stark, CEO of Lightning Labs, said: "Arcane's "The State of Lightning" highlights how the Lightning community has been making bitcoin more accessible to people around the world. We are just hitting an inflection point, but we're still at the very beginning of the curve. We believe in solving real problems for real people, and are at the cusp of bringing bitcoin to billions with Lightning. In other words, number of people go up."
João Almeida, CTO & Co-Founder of OpenNode commented: "We're excited about the growth demonstrated by the Lightning Network in recent months and proud to support high quality Bitcoin and Lightning research reporting from Arcane Research. Lightning Network participants are seeing the network effects that have supported Bitcoin growth, and are well placed to bring their data together to qualify and quantify progress. With scalability provided by Lightning, and the regulatory clarity of Bitcoin the asset, Bitcoin clearly becomes the best way to hold and transfer value. Moving forward, we see LN payments adoption accelerating, spurred by Bitcoin adoption and a growing global Bitcoin economy."
For further information, please contact:
Torbjørn Bull Jenssen, CEO, Arcane Crypto AB
e-mail: [email protected]
About Arcane Research
Arcane Research provide institutional grade and data-driven research and reports. They have partnered with both crypto-native companies and those closer to the traditional finance space, to provide bespoke research and consultancy services. Arcane Research also produce Weekly Updates and Friday Focus reports that are shared with their subscribers and are regularly quoted in the crypto and mainstream media.
About Lightning Labs
Lightning Labs, develop software that powers the Lightning Network. Their open source, secure, and scalable Lightning systems enable users to send and receive money more efficiently than ever before. They also offer a series of verifiable, non-custodial Lightning-based financial services. Lightning Labs bridge the world of open-source software and the next-generation of bitcoin financial software.
OpenNode is a Bitcoin payments company. They provide Bitcoin and Lightning Network-powered payments and payouts to businesses everywhere. They offer everything from simple, no-code solutions to hosted checkout, e-commerce plug-ins, and APIs for custom integrations. OpenNode supports settlement in major currencies and provides opportunities for controlled exposure to Bitcoin, removing complexity and risk.
With OpenNode, businesses and their customers receive the true benefits of instant, lowest cost payments made possible by Bitcoin, the world's only global, decentralized payment network.
About Arcane Crypto
Arcane Crypto develops and invests in projects, focusing on bitcoin and digital assets. Arcane operates a portfolio of businesses, spanning the value chain for digital finance. As a group we deliver services targeting payments, investment, and trading. In addition, we have a media and research division.
Arcane has the ambition to become a leading player in the digital assets space by growing the existing businesses, invest in cutting edge projects, and through acquisitions and consolidation.
The Company is listed on Nasdaq First North Growth Market and Mangold Fondkommission is Certified Adviser, tel. +46 8 5030 1550, e-mail: [email protected], web: www.mangold.se.
Styrelsen i Arcane Crypto AB har idag beslutat att godkänna bolagets plan att ansöka om en notering på OTCQB, en handelsplattform i USA som drivs av OTC Markets Group för värdepapper som inte är noterade på en nationell börs. Arcane Crypto kommer därmed att ansöka om notering på OTCQB och räknar med att erhålla ett godkännande under första kvartalet 2022.
The Board of Arcane Crypto AB have today approved the company's plan to apply for a dual listing on OTCQB, a US trading market operated by OTC Markets Group for securities not listed on a national exchange. Arcane Crypto will apply for admission to trading on OTCQB and expects an approval during the first quarter of 2022.
Stockholm 12 november, 2021 - Arcane Cryptos helägda dotterbolag Ijort Invest AB ("Trijo") offentliggör idag att Arcane Cryptos VD Torbjørn Bull Jenssen även utses till VD för Trijo och ersätter därmed Totte Löfström.
Stockholm November 12, 2021 - Arcane Crypto's wholly owned subsidiary Ijort Invest AB ("Trijo") today announces that Arcane Crypto's CEO Torbjørn Bull Jenssen will also become CEO of Trijo and thereby replace Totte Löfström.
Aktieägarna i Arcane Crypto AB, org. nr. 556668-3933 ("Arcane Crypto" eller "bolaget"), kallas härmed till extra bolagsstämma att hållas torsdagen den 9 december 2021.
Styrelsen för Arcane Crypto har, i enlighet med lagen (2020:198) om tillfälliga undantag för att underlätta genomförandet av bolags- och föreningsstämmor, beslutat att stämman ska genomföras enligt ett s.k. poströstningsförfarande. Stämman hålls därmed utan möjlighet för aktieägare att närvara personligen eller genom ombud. Istället kan aktieägare delta vid stämman genom att rösta och lämna in frågor i förväg enligt instruktionerna nedan.
Information om de beslut som har fattats av stämman offentliggörs 9 december 2021 så snart utfallet av poströstningen är slutligt sammanställt.
The shareholders in Arcane Crypto AB, Reg. No. 556668-3933 ("Arcane Crypto" or the "company"), are hereby summoned to the Extraordinary General Meeting on Thursday, 9 December 2021.
The Board of Directors of Arcane Crypto has resolved that the Extraordinary General Meeting will be held by postal voting only, in accordance with the Act (2020:198) on Temporary Exceptions to Facilitate the Execution of General Meetings in Companies and Other Associations. The Extraordinary General Meeting will therefore be held without the possibility for shareholders to attend in person or through a proxy. Instead, shareholders can participate in the Extraordinary General Meeting by voting and submitting questions in advance pursuant to the instructions described below.
Information about the resolutions passed by the Extraordinary General Meeting will be published on 9 December 2021, as soon as the result of the postal voting has been finally confirmed.
Arcane Cryptos handelsplattform för kryptovalutor, Kaupang, har lanserat en ny NFT i samarbete med Sparebank 1 och Haltenbanken
Det norska non-fungible token ("NFT") projektet Svalbard.Money auktionerar nu ut helt nya Svalbardmynt som inspirerats av historiska personer från Sovjet Unionen.
Arcane Crypto's cryptocurrency broker, Kaupang, has launched new NFTs in collaboration with Sparebank 1 and Haltenbanken
The Norwegian non-fungible token ("NFT") project named Svalbard.Money is auctioning off brand new Svalbard coins inspired by historic individuals in the Soviet Union.
The third quarter of 2021 (compared to the third quarter of 2020)
Group revenue increased to 81,166 kSEK (571)
EBITDA amounted to -6,059 kSEK (-3,085)
EBIT amounted to -8,105 kSEK (-3,133)
The result for the period amounted to -7,766 kSEK (-2,833)
Earnings per share before dilution amounted to -0,001 SEK (-0,005)
Earnings per share after dilution amounted to -0,001 SEK (-0,005)
The first nine months of 2021 (compared to the first nine months of 2020)
Group revenue increased to 183,555 kSEK (879)
EBITDA amounted to -18,586 kSEK (-7,454)
EBIT amounted to -21,731 kSEK (-7,505)
The result for the period amounted to -150,872 kSEK (-7,343)
Adjusted result for the period amounted to -23,919 kSEK (-7,343)
Earnings per share before dilution amounted to -0,019 SEK (-0,014)
Earnings per share after dilution amounted to -0,018 SEK (-0,014)
Stockholm, 28 oktober 2021 - Ett pressmeddelande med rubriken "Nomineringskommittén föreslår förändringar i Arcane Cryptos styrelse" som distribuerades tidigare idag inkluderade av misstag ett namn på en föreslagen styrelseledamot som inte kommer att föreslås som styrelseledamot. Det rätta offentliggörandet lyder:
Styrelsen i Arcane Crypto AB ("Arcane Crypto" eller "Bolaget") har idag mottagit ett förslag från Bolagets nomineringskommitté om att sammankalla en extra bolagsstämma för att besluta om förändringar i Bolagets styrelse. Nomineringskommittén föreslår att Michael Jackson utses till styrelseordförande och att Sïmon Saneback utses till ny styrelseledamot. Jonatan Raksnes kommer att lämna sin position som styrelseordförande och styrelseledamot och Anna Svahn, Kristian Kierkegaard och Viggo Leisner kommer att förbli styrelseledamöter.
Stockholm, October 29, 2021 - A press release headlined "The Nomination Committee proposes changes within Crypto's Board of Directors" distributed earlier today by mistake included a name of a proposed member of the Board that will not be proposed as member of the Board. The correct announcement follows:
The Board of Directors of Arcane Crypto AB ("Arcane Crypto" or the "Company) has today received a proposal from the company's Nomination Committee to convene an Extraordinary General Meeting ("EGM") to resolve on changes within the Company's Board of Directors. The Nomination Committee proposes that Michael Jackson is elected as Chairman of the Board and that Sïmon Saneback is elected as a new member of the Board. Jonatan Raknes will resign from his position as Chairman and member of the Board and Anna Svahn, Kristian Kierkegaard and Viggo Leisner will remain as members of the Board.
Stockholm, 28 oktober 2021 - Styrelsen i Arcane Crypto AB ("Arcane Crypto" eller "Bolaget") har idag mottagit ett förslag från Bolagets nomineringskommitté om att sammankalla en extra bolagsstämma för att besluta om förändringar i Bolagets styrelse. Nomineringskommittén föreslår att Michael Jackson utses till styrelseordförande och att Sïmon Saneback och Mikkel Riiber utses till nya styrelseledamöter. Jonatan Raksnes kommer att lämna sin position som styrelseordförande och styrelseledamot och Anna Svahn, Kristian Kierkegaard och Viggo Leisner kommer att förbli styrelseledamöter.
Stockholm, October 28, 2021 - The Board of Directors of Arcane Crypto AB ("Arcane Crypto" or the "Company) has today received a proposal from the Company's Nomination Committee to convene an Extraordinary General Meeting ("EGM") to resolve on changes within the Company's Board of Directors. The Nomination Committee proposes that Michael Jackson is elected as Chairman of the Board and that Sïmon Saneback and Mikkel Riiber are elected as new members of the Board. Jonatan Raknes will resign from his position as Chairman and member of the Board and Anna Svahn, Kristian Kierkegaard and Viggo Leisner will remain as members of the Board.
Stockholm, October 26, 2021 - Arcane Crypto AB ("Arcane Crypto") today published a press release titled "Arcane Crypto invests in additional computing power to achieve full hosting capacity". The press release incorrectly stated that the mining operation represents a monthly income potential of around SEK 10 million for Arcane Green Data. The correct outlook is that the mining operation represents a monthly revenue potential of around SEK 10 million.
Stockholm, October 26, 2021 - Arcane Crypto AB ("Arcane Crypto" or the "Company") has today, through the subsidiary Arcane Green Data Services ("Arcane Green Data"), entered into a purchase agreement to acquire 360 Antminer s19 Pro (100 TH/s). The purchase agreement represents a total of 36,000 Terra Hash (TH) of computing power and the total cost amounts to approximately SEK 28 million. The machines will be delivered in Q1 2022 and Arcane Green Data's total hosting capacity will then double to 2.5 MW.
Arcane Crypto bjuder härmed investerare, analytiker och media till en webcastpresentation av VD Torbjørn Bull Jenssen i samband med att bolagets delårsrapport för tredje kvartalet 2021 publiceras. Webbsändningen kommer att hållas fredagen 29 oktober 2021 klockan 10:00.
Arcane Crypto hereby invites investors, analysts and media to a webcast presentation by CEO Torbjørn Bull Jenssen in connection with the release of the company's interim report for the third quarter 2021. The webcast will be held on Friday October 29, 2021 at 10:00 a.m. CET.
Arcane Crypto AB