US broker warns about the "threat" of Bitcoin

Thomas Peterffy, the chairman of Interactive Brokers, bought whole Wall Street Journal ad page in order to "warn about Bitcoin"
16 November 2017   1109

The chairman of the largest American electronic broker "Interactive Brokers" published on the whole page of the The Wall Street Journal a warning on the the dangers that bitcoin futures could present to traditional capital markets. This is reported by the Business Insider.

Chairman of Interactive Brokers Thomas Peterffy addressed his message to the CFTC Chairman Christopher Giancarlo expressing his concern over the plans of the Chicago Mercantile Exchange (CME Group) for bitcoin futures, which the are planed to launch in December this year.

This letter is to request [the CFTC] require any clearing organization that wishes to clear any cryptocurrency or derivative do so in a separate clearing system isolated from other products. Cryptocurrencies do not have a mature, regulated and tested underlying market. The products and their markets have existed for fewer than 10 years and bear little if any relationship to any economic circumstance or reality in the world.

Thomas Peterffy
Chairman, Interactive Brokers

Also, according to Peterffy, the "unbridled volatility" of bitcoin can be dangerous for other futures contracts on the market, and therefore the clearing of such derivatives should be carried out by the relevant organizations in isolation from other derivative financial instruments. Otherwise, the head of Interactive Brokers believes, bitcoin futures as a result can "destabilize the real economy." 

Casa to Launch Lightning Node Mobile App Called Sats

Casa to Launch Sats App With Lightning Network Support
04 July 2019   1008

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.