We Should Shut Down Crypto, - Nobel Laureate

Joseph Stiglitz, Nobel Prize winner in economics and a professor at Columbia University, believes crypto are used in criminal activity 
07 May 2019   430

Joseph Stiglitz, Nobel Prize winner in economics and a professor at Columbia University, proposed a total ban on cryptocurrency during his interview with CNBC.

Stiglitz is concerned that cryptocurrencies are used in criminal activity and operations with them are opaque.

At the same time, the Nobel laureate favored the development of digital payment systems for national currencies.

Stiglitz's statement was commented by the CEO and founder of the ShapeShift exchange platform, Eric Vorges, proposing to ban Fiat.

Earlier Stiglitz had already criticized Bitcoin, which, in his words, “is trying to solve a non-existent problem,” and the regulation of cryptocurrencies should destroy them.

Casa to Launch Lightning Node Mobile App Called Sats

Casa to Launch Sats App With Lightning Network Support
04 July 2019   1077

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.