35 Lightning Network Nodes Operate in Bitcoin Network

Lightning Network allows to perform instant and free transactions
18 January 2018   581

The number of active nodes in the main network of bitcoins that supports the Lightning Network protocol has already reached 35.

Lightning Network can become the answer of bitcoin to the low commission of altcoins. The exact timing of launching LN in the main bitcoin network is unknown, and before that beta releases of applications are required, however, as the developers are convinced, the full-scale activation of the protocol can become one of the most important events in the history of "digital gold".

This became especially important against the backdrop high commissions of the bitcoin network: in addition to instant payments without waiting for confirmation and potentially higher level of user privacy, one of the main advantages of LN is the decrease in transaction costs.

SEC Suspends Trading in 3 Companies

On Friday The U.S. Securities and Exchange Commission temporarily suspended the trading of three companies as they made the purchase of cryptocurrency and blockchain-related assets
17 February 2018   103

According to the announcement, the trade of  Cherubim Investments, Inc., PDX Partners, Inc., and Victura Construction Group, Inc. will be suspended between 9:30 a.m. EST Friday and March 2. The notice was dated Feb. 15.

SEC stated that its trading suspension orders state that recent press releases issued by CHIT, PDXP, and VICT claimed that the companies acquired AAA-rated assets from a subsidiary of a private equity investor in cryptocurrency and blockchain technology, among other things.

The release also indicates additional reasons for the suspensions. The agency’s orders also say there are questions regarding the nature of the company's business operations. In case of CHIT, the Commission suspended trading in the securities because of its delinquency in filing annual and quarterly reports.

In August 2017, the SEC  issued a warning for investors about the companies that may publicly announce ICO or coin-related events to affect the price of the company’s common stock.

Fraudsters often try to use the lure of new and emerging technologies to convince potential victims to invest their money in scams. 

U.S. Securities and Exchange Commission