Casa to Launch Lightning Node Mobile App Called Sats

Casa to Launch Sats App With Lightning Network Support
04 July 2019   930

Casa startup, specializing in the creation of secure storage systems for private keys, introduced a mobile bitcoin application Sats App, which makes it easy to manage Lightning-node.

Sats App is positioned as a non-custodial bitcoin wallet "with unique functions." According to Casa CEO Jeremy Welch, the SatsBack reward program will soon be launched, under which users will receive small amounts in BTC. For example, for connecting an application and a Casa Node device to each other, the user will receive 20,000 Satoshi.

Features are focused on increasing adoption of bitcoin and lightning nodes. You will be able to earn bitcoin if you don’t have a Casa node, but you will be able to earn bitcoin faster if you have a node.

Jeremy Welch 

CEO, Casa

He also added that the application, available for iOS and Android, is “secure, private and connects via Tor”.

According to CoinDesk, the startup earlier raised $ 3.5 million from Castle Island Ventures, Boost VC and Compound, and several other investors. Currently, a startup staff of 25 people serves users from 60 countries.

ErisX Received CFTC Approval to Launch BTC Futures

ErisX said the launch of new tools will take place this year, however, the company did not gave any timeframe
02 July 2019   325

The Chicago Exchange of Cryptocurrency Derivatives ErisX received the approval of the US Commodity Futures Trading Commission (CFTC) for providing services as a derivatives clearing center (DCO). In this way, the company will be able to launch new regulated bitcoin futures with calculations in the underlying asset.

As noted in ErisX, the launch of new tools will take place this year, however, the company did not name specific dates.

The exchange statement also stresses that ErisX already has a license for an authorized derivatives market (DCM). Recall that earlier such a license was received by the provider of cryptocurrency derivatives LedgerX.

ErisX is unique in that for our digital asset market, we have divided the trading and settlement functions using traditional DCM (exchange) and DCO (clearing) models. This reflects the structure that institutional investors expect from other asset classes and will help drive these markets toward greater relevance and accessibility.

Thomas Chippas

Chief Executive Officer, ErisX

In April, ErisX launched a platform for spot cryptocurrency trading.