China to Block Centralized Crypto Trading Platforms

Chinese authorities will also target individuals and companies that provide services for centralized trading
15 January 2018   2307

Chinese authorities plan to block domestic access to Chinese and offshore cryptocurrency platforms that allow centralized trading. This is reported by Bloomberg citing sources.

Chinese authorities will also target individuals and companies that provide market-making, settlement and clearing services for centralized trading.

Last year, Chinese regulators banned initial coin offerings, shut down local cryptocurrency trading exchanges and limited bitcoin mining — but activity in the cryptocurrency and bitcoin space has continued through alternative channels in China despite the crackdown.

Recently, we have reported that representatives of the People’s Bank of China denied the rumors about a possible ban on bitcoin mining, but intend to gradually eliminate the existing preferential terms for this business in the field of electricity, taxes and land use.

Lightning Desktop App to be Launched in BTC Mainnet

The application, which is based on the lightweight Neutrino client, is available for the macOS, Windows and Linux, however, it's oriented fro test environment
24 April 2019   104

Lightning Labs, a leading developer of solutions for the Lightning Network, announced the launch of its desktop wallet in the main Bitcoin network. An application that was previously tested in a test network is available in the alpha version.

The application, which is based on the lightweight Neutrino client, is available for the operating systems macOS, Windows and Linux, however, as the developers emphasize, is still oriented primarily to the test environment. At the same time, more advanced users can also experiment with the wallet interface and get access to their funds.

Lightning App Desktop Version Screenshot
Lightning App Desktop Version Screenshot

The Neutrino client allows non-custodial Lightning wallets to verify Bitcoin transactions without the need to synchronize with the full version of the blockchain.

The new release includes such a function as displaying a single balance, which will allow users to see the cumulative number of coins both in the network base and in the payment channels by percentage.