Day: December 2, 2019

Kakao’s Delayed Crypto Wallet Will Support Native Dapps, Collectibles

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Coming up first, however, will be a limited-feature browser extension for the wallet which will offer basic crypto storing and trading features, the executive said. Called Kaikas, the extension will work with browsers such as Google Chrome, Firefox and Opera, and will be aimed at more experienced crypto users. Source If You Liked This Article Click To Share CollectiblesCryptodAppsDelayedKakaosNativeSupportWallet CryptoX Portal

Hodlers Dictate Pace of Things as 64% of Bitcoin Supply Hasn’t Changed Wallets This Year

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In what seems like a coordinated conspiracy or a “Deja Vous” case of coincidence, reports indicate that about 60% of the Bitcoins in circulation haven’t left the wallets this year. Sources report that cryptocurrency analyst Rhythm let the cat out of the bag when statistics were released via a Twitter post indicating that 11,580,000 Bitcoins haven’t moved in more than a year. 11,580,00 bitcoin have not moved in over a year. Even with a 85% increase in price during that time, those millions of bitcoin were not sold or traded.…

CryptoBridge Decentralized Exchange Shuts Down Citing Regulations, Markets

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The decentralized cryptocurrency exchange (DEX) CryptoBridge announced that it is closing down in a message on its website. In the announcement, the exchange warns users that all of the firm’s services and servers will terminate after Dec. 15. Users will be able to withdraw funds from the exchange until the last day of operation, but deposits will be closed after Dec. 3. The announcement reads: “Please note that user verification is required by EU law for all withdrawals. We highly recommend that you start the process as early as possible…

Bakkt Bitcoin Monthly Futures Trade Set a New Weekly Volume Record of $124 Million

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Bakkt is easily one of the most interesting platforms in the crypto market. Operated by the Atlanta-based Intercontinental Exchange (ICE), the platform is designed to push Bitcoin much deeper into mainstream adoption, by offering physically settled Bitcoin futures contracts. Bakkt initially had a very disappointing start, making many believe it wouldn’t amount to much. However, the platform has surprised many, including the naysayers, and has seen impressive and steady growth, as it continually sets new records. According to Bakkt Volume Bot (@BakktBot), a Twitter account operating independently but dedicated to…

SoftBank Releases Debit Cards With Built-In Blockchain Wallet

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Japanese holding company SoftBank has introduced a new debit card featuring a built-in cryptocurrency wallet. According to a press release on Dec. 1, SoftBank developed a debit card featuring a built-in blockchain wallet in collaboration with United States-based wallet card developer Dynamics. The new product is called SBC Wallet Cards and can be used as a traditional debit card or blockchain wallet. Crypto storage and further expansion Consumers can use the integrated blockchain wallet as both cold and hot digital currency storage and check balance-related information in real-time. Currently, the…

Man With a Mission: Jack Dorsey Wants to Bring Bitcoin Adoption to Africa

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For the last month, Twitter and Square CEO, Jack Dorsey, has been going around Africa to understand the state of the region, most likely from a financial services and payment perspective. According to Forbes, Dorsey met Bitcoin business owners at a meetup in Nigeria and subsequently tweeted that Africa will define the Bitcoin future, December 1, 2019. Bitcoin and Emerging Markets Driving a revolution in a particular industry takes a lot of effort from developers and early adopters, but the most important part is to find a group of people…

South African Central Bank to Reportedly Introduce New Crypto Regulations

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The South African Reserve Bank (SARB) — the country’s central bank — is purportedly going to impose new regulations for the use of digital currencies in a bid to deter users from evading currency controls. As local business-focused publication Business Report reported on Dec. 2, SARB’s deputy governor, Kuben Naidoo, said that the new rules will be implemented in the first quarter of 2020, following a five-year-long series of consultations on the matter. Naidoo’s statements followed a decision of FirstRand Bank — one of the largest financial institutions in South…

Use This Method to Shop on Amazon’s Cyber Monday with Bitcoin and Get 33% off

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Two of the biggest shopping events in the world are Black Friday and Cyber Monday. On both days, merchants and retailers considerably crash their prices so much that it causes such a frenzy among shoppers. In many cases, people wait till any of these days to make purchases they could have made at other times in the year, taking advantage of significant price slashes – sometimes up to 90% on selected items with selected retailers. As Amazon’s Cyber Monday begins and people begin to shop, crypto holders are not left…