First Lightning Network App to be Launch at Google Play

Eclair Wallet by ACINQ is the first LN based application at the Google Play
05 April 2018   393

First Lightning Network-based application appread in Google Play store. It is called Eclair ACINQ.

Continuing the trend of the innovation of fast networks, the wallet is currently available for devices running on the Android operating system from version 5.0 and higher.

ACINQ Network
ACINQ Network

The Eclair Wallet is a next generation, Lightning-ready Bitcoin wallet. It can be used as a regular Bitcoin wallet, and can also connect to the Lightning Network for cheap and instant payments.

This software is based upon eclair, and follows the Lightning Network standard.
 

ACINQ Team

At the moment of press, it has 4,7 rate at Google Play with 69 feedbacks. So, users' reaction was positive, but they still ask ACINQ to release the iOS version of the wallet. But it looks like to be a hard task.

SegWit solution, which is needed for Lightning Network normal operation in Bitcoin mainnet, started to be used more widely recenly. This news gave good impact for LN development.

SEC to Need More Info on BTC ETF

SEC is gathering more input from the public – to date, according to the agency, more than 1,400 comments have been submitted
21 September 2018   145

The US Securities and Exchange Commission (SEC) announced the beginning of a formal process for considering the application for the creation of bitcoin-ETF from the New York companies VanEck and SolidX. Nevertheless, the agency appealed to the community for more information. This is stated in the document published on the SEC website.

Institution of such proceedings is appropriate at this time in view of the legal and policy issues raised by the proposed rule change. Institution of proceedings does not indicate that the Commission has reached any conclusions with respect to any of the issues involved. Rather, as described below, the Commission seeks and encourages interested persons to provide comments on the proposed rule change.
 

The US Securities and Exchange Commission

At the moment, the SEC received about 1,400 comments.

According to the document, the Chicago Board Options Exchange (CBOE) has signed an agreement on the exchange of data on bitcoin transactions, trading and the state of the market with the cryptocurrency trading platform with Gemini.

The agency asked commentators to clarify the position of Gemini in the digital currency market and assess the likelihood of increased volatility at this site in connection with possible trades of bitcoin-ETF.

So, before September 30, the department had to decide on whether to approve, deny or initiate the proceedings. The SEC chose the latter, which is likely to delay the process until the next year.