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

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
Ethereum 2.0 mortgage contract is expected to launch in spring
Ethereum 2.0 deposit contract bytecode completes formal verification
Bakkt Announces the Registration Address for App Early Access
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)
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
Central banks of six countries to hold digital currency discussion meeting in April
U.S. Department of Justice Proposes Bill to Ban Encryption Processing, or Threat to Cryptocurrency Industry
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
Analysis: Crypto Firms Are Racing to Adopt Financial Services Known in Traditional Finance
Morgan Creek Digital founder: Bitcoin is a global hedge over time

