German stock exchange to launch Bitcoin futures

Representatives of biggest securities marketplace in Germany Deutsche Boerse are talking  about whether to list Bitcoin futures on Eurex
15 December 2017   1773

Executives of Deutsche Boerse, a marketplace organizer for the trading of shares and other securities, are discussing the possibility of launching Bitcoin futures on Eurex, the international exchange and the largest European futures and options market. This was reported by Wirtschaftswoche, a German weekly business news magazine.

We are thinking about futures, with which private investors and institutional investors can protect existing investments in Bitcoin or set for falling prices of the cyber currency.
 

Spokeswoman of Deutsche Boerse

It was stated that the company is considering launching Bitcoin futures trading, but did not yet make a clear decision on that. Primarely Deutsche Boerse aspires to clarify how to deal with the volatility of cryptocurrency in order to avoid price manipulation.

Previously, we have reported that CME GroupCboe exchange holding company, Nasdaq Inc and J.P. Morgan banking service unveiled their plans to launch Bitcoin futures, and Cboe exchange has already done that. However, South Korea banned securities firms to introduce Bitcoin futures trading.

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   307

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.