Blockstream Launched Micropayment System Lightning Charge

Blockstream blockchain company introduced the launch of Lightning Charge micropayment system in order to make accepting payments through Lightning easier
17 January 2018   714

Blockstream, a provider of blockchain technologies, which maintains a range of software and hardware solutions and professional services to companies deploying new blockchain-based networks, introduced Lightning Charge, a new micropayment processing system that should make it easy to build apps on top of Lightning.

The decision to develop Lightning Charge was made because Blockstream reported some difficulties in integration with credit card companies and with existing online payment systems, and aspired to make it easier than ever to accept payments through Lightning.

Lightning Charge was designed by independent developer and was stated to make building apps on top of Lightning simpler. Lightning Charge is a micropayment processing system written in node.js, which exposes the functionality of c-lightning through its REST API, which can be accessed through JavaScript and PHP libraries, both of which have also been released through the Elements Project.

Web developers will be able to work with c-lightning through their normal programming techniques, and they’ll also get expanded functionality such as currency conversion, invoice metadata, streaming payment updates, and webhooks.
 

Blockstream Blog

Moreover, Lightning Charge will power Blockstream Store, a working e-commerce site that was launched by the company on January 16, 2018.

Wilsons Auctions to Sell Crypto

$390 000 worth cryptocurrency was seized by the enforcement agency of Belgian government
22 February 2019   86

On February 28, the North Irish auction house Wilsons Auctions will sell the cryptocurrency seized by the Belgian government in the case of drug trafficking through darknet. The total value of the coins sold will be approximately $ 390k. This is reported by the Financial Times.

A total of about 315 coins without a reserve price, including 104.99 BTC, BCH and BTG, will be put up for online auction. Assets will be sold in several lots from 0.5 BTC to 4 BTC each. Lots for BCH and BTG will contain more coins.

We are thrilled to be awarded this first of its kind contract with the Belgium Federal Government to sell seized cryptocurrency, allowing us to open up the opportunity of investing to new buyers. Following huge investment into our systems and infrastructure, we are able to offer government and law enforcement agencies worldwide, a secure solution so that the ever-increasing problem of seized cryptocurrencies can be managed by a reputable auction company with significant experience dealing with seized assets.
 

 Aidan Larkin

Head of asset recovery, Wilsons Auctions

The bitcoins put up for auction were seized back in 2017 by the Belgian police from drug dealers. The Belgian government took time to enact laws governing the liquidation of confiscated digital assets, similar to the traditional financial industry.

Recall that in early January, Wilsons Auctions held the first online auction for the sale of 167.7 Monero coins, seized by law enforcement agencies in the United Kingdom in accordance with the Law on Income from Criminal Activities.