Bitcoin News

The regulator pointed to “a lack of current, consistent and accurate information” in the two crypto investment vehicles issued by Swedish firm XBT Provider AB following their entry into the US market last month. The U.S. Securities and Exchange Commission (SEC) on Sunday issued an order to halt the trading in Bitcoin Tracker One (CXBTF) and Ether Tracker One (CETHF), two investment products that track cryptocurrencies. The two exchange-traded notes (ETNs) are issued by Swedish company XBT Provider AB, a subsidiary of U.K.-based Coinshares Holdings. The two products have been listed on the Nasdaq Stockholm exchange since 2015 and  entered the U.S. market  last month under the ticker CXBTF, enabling domestic investors to access and invest in the crypto ETNs in an over-the-counter (OTC) market with their U.S. dollars. SEC_News ✔ @SEC_News The Securities and Exchange Commission announced the temporary suspension of trading in the securities Bitcoin Track

  Replica bitcoins are seen in this photo illustration on November 4, 2017. (Photo by Jaap Arriens/NurPhoto via Getty Images) Bitcoin adoption is about to take another step forward with the Lightning Network today getting a boost from payment processing startup CoinGate — which is adding all 4,000 of its merchants to the off-chain system. Those CoinGate merchants which will be able to accept payments via the Lightning Network include  Swiss watch manufacturers Chronoswiss and Louis Chevrolet, gaming store Mmoga.com, hosting service Bitlaunch, and adult websites Livejasmin and  Manyvids. The Lightning Network , first proposed by Thaddeus Dryja and Joseph Poon  in a 2015 white paper , creates a layer on top of the bitcoin blockchain, where transactions can be passed back and forth before being added to the underlying blockchain. This should mean transaction speed is greatly increased while costs are significantly reduced. When sending a Lightning payment, two parties de