eToro Comes to USA Market with 10 Cryptocurrencies

eToro will start by offering cryptocurrencies in some states including California
16 May 2018   1911

On May 14, during Consensus 2018 Conference, Israel-based cryptocurrency platform eToro has announced that it is launching on USA market. The platform will offer 10 different cryptocurrencies to American users: Bitcoin, Ethereum, Litecoin, XRP, Dash, Bitcoin Cash, Stellar, Ethereum Classic, NEO, and EOS.

etoro usaeToro USA

Yoni Assia, a Chief Executive Officer at eToro, announced during the conference that the platform will be opening to U.S customers and will be releasing a crypto wallet on eToro this week to selected customers. However, the exact date of the lauch on the US market was not specified yet.

Consumers all over the world should have access to the tools they need to participate in cryptocurrency markets, regardless of their expertise.
 

Yoni Assia

CEO, eToro

Reportedly, eToro company will start by offering cryptocurrencies only in some states, including California, and the users who would like to receive notifications regarding the launch can subscribe to the mailing list on eToro website, and get notified when eToro touches down.

Lightning Labs to Raise $10M

As reported, the raised funds will be allocated to enforce the team with developers and commercial speciaslists
06 February 2020   301

Lightning Labs attracted $ 10 million investment during the A-series financing round, and also introduced a beta version of its payment service for outlets that work with bitcoin.

If bitcoin is going to reach its potential as a viable global currency, it’s going to need to scale beyond the base layer. Similar to how Visa relieves banks from handling all fiat currency traffic, Lightning relieves the base bitcoin chain from handing all transactions, thus bring more speed and fee efficiency to the network.

 

Brian Murray

Managing Director at Craft Ventures

With the help of the raised funds, the company intends to hire more developers and commercial specialists, so that it will be able to convey the applied solutions to users. In 2018, Lightning Labs unveiled a beta version of its LND scaling solution and received $ 2.5 million investment from several investors, including Twitter CEO Jack Dorsey and Litecoin creator Charlie Lee.

Now a beta version of the new Lightning Loop service has been launched, with the help of which outlets can more effectively manage payment channels and maintain liquidity in them. Several customers have already become interested in this tool, including the developer of the Fold shopping application, which processed approximately 1,600 transactions through the Lightning Network during the holidays in 2019.

We’re growing fast and Lightning Labs’ loop service makes it simple to manage our lightning node’s liquidity, letting our team focus on building out great user experiences that bring lightning to the world.

 

Will Reeves

Fold

According to Lightning Labs, this year the company will be developing tools for working with larger payment channels. We are talking about both individual channels, which individually can hold more than $ 1,500, and multidirectional ones, which break down payments into smaller parts.