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| Lightning network received tens of millions of dollars in investment; Beijing Haidian uses blockchain for cloud office

黄雪姣
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Lack of transparency? Blockchain comes to help.
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Lack of transparency? Blockchain comes to help.

headlines

headlines

Lightning Labs, developer of high-speed transaction protocol Lightning Network (LN), has raised $10 million in Series A funding. The company plans to allocate the raised funds for further development of the lightning payment technology, as well as expanding its developer ecosystem. In the same announcement, Lightning Labs also announced the beta launch of Lightning Loop, the company’s first paid product. (Cointelegraph)

digital currency

digital currency

Ethereum 2.0 mortgage contract is expected to launch in spring

The Ethereum 2.0 deposit contract is expected to launch this spring. Ethereum 2.0 coordinator Danny Ryan said that formal verification of the contract has just been completed. A minimum of six weeks is required for public review and comment before the staking contract is launched. (TrustNodes)

Ethereum 2.0 deposit contract bytecode completes formal verification

According to official news, the Ethereum Foundation announced that the audit and formal verification of the bytecode of the ETH 2.0 deposit contract (deposit contract) has been completed by the technical team Runtime Verification. The Ethereum Foundation stated that this is an important milestone, bringing the project closer to Phase 0 (Phase 0) of the ETH 2.0 mainnet, but the Ethereum Foundation still hopes that other professionals or communities can provide more information on formal verification. For feedback, you can submit related issues in the code base.

Bakkt Announces the Registration Address for App Early Access

Bakkt, a digital asset platform under Intercontinental Exchange (ICE), announced the registration address for early access to its new application, and exclusive updates can be obtained after registration. Bakk said the app combines cash, cryptocurrencies, rewards and gaming points, and will allow consumers to make purchases with multiple digital assets, or transfer money to others.

Rana Yared, a partner at Goldman Sachs who oversees the bank's cryptocurrency work, is leaving. It is reported that Yared joined Goldman Sachs in 2006 and was appointed as a partner of Goldman Sachs in 2018. (The Block)

Blockchain application

Federal Reserve Governor Lael Brainard said the central bank is studying a wide range of issues related to the regulation and protection of digital payments and digital currencies, including the costs and potential benefits of issuing its own digital currency. Digital payments can bring convenience, but they also pose risks to financial stability and monetary policy. (Reuters)

Federal Reserve Governor Lael Brainard said the central bank is studying a wide range of issues related to the regulation and protection of digital payments and digital currencies, including the costs and potential benefits of issuing its own digital currency. Digital payments can bring convenience, but they also pose risks to financial stability and monetary policy. (Reuters)

CCTV: Haidian District Market Supervision Bureau uses various methods such as blockchain to do a good job in epidemic prevention and control

Investment and Financing

Investment and Financing

Clear Raises $13M in Series A Funding to Build Blockchain Trading System

Alcedo Digital Ventures invests $13 million in blockchain trade finance platform Envoy

Alcedo Digital Ventures invests $13 million in blockchain trade finance platform Envoy

Blockchain-based supply chain and trade finance startup Envoy Group is looking to expand beyond Latin America after securing a $13 million investment from Alcedo Digital Ventures. Based on R3's Corda platform, Envoy Group is designed to seamlessly integrate with traditional data systems and all third-party blockchains, enabling buyers and sellers to manage global trade logistics and find new sources of funds backed by trust.
Envoy said it was already recruiting clients in Latin America and was looking to enter other major trade corridors as the new funding became available. (Finextra)

global policy

global policy

Central banks of six countries to hold digital currency discussion meeting in April

The heads of the central banks of the United States, the United Kingdom, Switzerland, Sweden, Canada, and Japan and the Bank for International Settlements will hold their first meeting in mid-April to discuss how to develop their own digital currencies. (Asian Review)

U.S. Department of Justice Proposes Bill to Ban Encryption Processing, or Threat to Cryptocurrency Industry

U.S. lawmakers and the Justice Department under Attorney General William Barr are considering a blanket ban on cryptography, Fox Business reported. At the "People Smuggling" Summit at the White House, Barr spoke out against end-to-end encryption. He said "military-grade" security features made human trafficking possible through closed networks. (Coin Gape)

Russia’s State Duma (lower house of parliament) could pass its digital asset bill as early as March. Anatoly Aksakov, chairman of the Duma Committee on Financial Markets, expressed hope that the Duma will pass the bill at the upcoming spring session. According to Aksakov, disagreements over cryptocurrencies between Russia’s central bank and other institutions have so far remained unresolved. But they appear to have reached a deal, according to a meeting held last week. A text is currently being prepared and submitted to relevant agencies, including the Central Bank. (Cryptonews)

Character·Voice

Character·Voice

Analysis: Crypto Firms Are Racing to Adopt Financial Services Known in Traditional Finance

Crypto exchange Deribit recently published an analysis explaining that crypto companies are racing to adopt financial services known from traditional finance. The analysis pointed out that all crypto companies, including exchanges, will soon provide users with interest accounts, cost-effective trading methods, and tax services. At the same time, it explains why these features, and others, will become standard features on exchanges within the next two years. (Cointelegraph)

Morgan Creek Digital founder: Bitcoin is a global hedge over time

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