A FinTech startup, 2gether has recently shared that its upcoming prepaid Visa debit card, which will enable its users to spend their cryptocurrencies. The cryptocurrency payment option will be made available in 19 eurozone countries and will be offering in the total of seven cryptocurrencies such as Bitcoin, Ether, XRP, Bitcoin cash, EOS, Stellar, and Litecoin.
An announcement has been made to confirm that a cryptocurrency platform Abra will be expanding their support for Ethereum. Abra then explained, “Abra’s synthetic asset model is the first of its kind and leverages bitcoin and litecoin blockchain-enabled smart contracts to reduce friction for anyone interested in buying, selling, and holding other assets such as alternative cryptocurrencies.”
A new wallet has been launched by Bancor which allows the users to convert their Ethereum and EOS tokens. In the announcement, Bancor explained, “This is the next step in Bancor becoming a blockchain-agnostic network, and abstracting away the blockchain experience in favour of frictionless token conversions and management.”
Samsung’s flagship smartphone, the Galaxy S10 was unveiled recently from the some unboxing video confirmed the existence of the Blockchain Keystore app that serves as a crypto wallet for top cryptocurrencies. However one demonstration reveals that it lacks Bitcoin support. Though still there isn’t any official report on it, but many other crypto wallets have prioritized Ethereum.
Edgeware is a experimental blockchain which works on the basis of the PoS consensus protocol and at present it runs on a testnet. They aren’t going to go the usual way of ICO, but they plan to use a smart contract which provide with block Ethereum coins for a certain period and receive Edge tokens as a reward.
A cryptocurrency exchange based in the U.S, Coinbase has recently decided to let go of staff after the spyware backlash. The co-founder of Coinbase, Brian Armstrong then explained referring to their purchase of an Italian blockchain analytics firm, Neutrino, “we did not properly evaluate everything from the perspective of our mission and values as a crypto company.”
One of the largest property company in the world, Emaar Properties have confirmed that they now accepting cryptocurrencies payment method in an announcement by official email on Twitter. The official email by Emaar Properties explained, “We are pleased to announce now that all customers will be able to buy Emaar Properties using digital currencies (Bitcoin and Ethereum).”
Texas based energy company, GridPlus Energy have announced they now accepting cryptocurrency such as Ethereum and Dai for payment option. They also confirmed that they will be adding Bitcoin soon as well the other major cryptocurrencies in the future. The new payment option, the settlement cycles can speed up for the 15-minutes interval whereas currently it’s done on monthly basis.
MakerDAO is a decentralized autonomous organization which has its own stable coin named as DAI which is is pegged against the US Dollar. Users who have used Ethereum tokens are as collateral has to only pay back in the DAI tokens to gain access to it, this has resulted a staggering $234 million Ethereum tokens with it.
The residents living in Denmark, Sweden and Norway will be able to purchase the Ethereum (ETH) soon directly via Opera browser. Charles Hamel, product lead in Opera said, “We think that the next important phase for crypto will come from usage and that for it to reach wider adoption, it has to be easy to buy and easy to use.”