The first unique protocol for issuing tokens via bitcoin’s lightning network has arrived. Aimed to bring programmability similar to that provided by the ethereum ERC-20 standard, the open-source token project, called Spectrum, includes contributions from investors at Fulgur Ventures and Poseidon Group, startups such as Bitrefill and Chainside, as well as support from crypto exchange giant Bitfinex. A Spectrum-compatible RGB token would like an international socket converter connecting the token to the bitcoin blockchain via the lightning network, as well as externally to software that automates functions similar to smart contracts.
However, Russians will be able to purchase Libra on foreign financial platforms. Chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov, stated, "In theory, we should talk about the possibility of organizing all kinds of exchanges, trading platforms and sales of such currencies. We, I believe, will limit or prohibit the creation of such sites. Those who want to acquire these tools using foreign legislation can do it at their own risk."
According to CME, bitcoin (BTC) open interest spiked on June 17 with an all-time high of 5,311 contracts totaling 26,555 BTC, or approximately $246 million at press time.
Russian hackers, not North Korean, may be the bad actors behind probably the biggest ever theft from a cryptocurrency exchange. Japanese newspaper Asahi Shimbun reports Monday that virus variants known to be linked to Russian hackers have been found on employee computers at the Tokyo-based Coincheck exchange. Coincheck suffered a breach in January 2018 that resulted in the loss of 500 million NEM tokens worth around $530 million at the time