Uniswap Labs has announced plans to release a new self-custodial mobile wallet that will offer users the ability to swap on L1 or L2 networks without having to switch networks. According to Uniswap Labs, the wallet will allow users to check price charts and search for any token across various networks, including Ethereum, Polygon, Arbitrum, and Optimism. To ensure maximum security, Uniswap Labs worked with Trail of Bits for the audit of the wallet. Additionally, the seed phrases and private keys of both imported and newly created wallets will be…
Tag: Launch
Uniswap Wants to Launch Crypto Wallet App, but Apple Says Not so Fast
In a press release, Uniswap Labs said its planned mobile app is primarily a self-custodial crypto wallet, meaning users will have full ownership and control over their assets. The app will also offer the ability to “trade tokens directly with” Uniswap, where more than $1.2 billion in average 24 hour trading volume makes it by far the most trafficked DeFi exchange, per CoinGecko. Source
Bitso and Mastercard Launch Crypto Debit Card for Mexican Customers
The crypto debit card introduced by Bitso will have worldwide utility. Top Latin American crypto exchange, Bitso, in partnership with Mastercard, has announced the launch of its crypto debit card for Mexican customers. The duo first announced their partnership to launch a debit card in August 2022. Bitso’s CEO Daniel Vogel cited user demand as the reason for initiating the development of the card. Data from a recent Mastercard’s New Payment Index study also revealed that 71% of Latin Americans plan to use lesser cash when making purchases. By November,…
Fast-Growing dApp Sweat Economy Set for September US Launch Date to Encourage Healthier Living among Americans
Health and fitness platform Sweat Economy is finally set for a US launch to incentivize exercise, amid Web3 awareness growth. Emerging decentralized application (dApp) Sweat Economy plans to launch in the US this September. The arrival of the Web3 project and its native $SWEAT token in America will coincide with its September 12th global launch. As a dApp initiative designed to unlock the economic value of movement, Sweat Wallet has consistently ranked in DappRadar’s Top 10 Blockchain Dapps. This lofty ranking dates back to Sweat’s Token Generation Event (TGE) last…
Latin American Crypto Exchange Bitso and Mastercard Launch Debit Card in Mexico
Mastercard’s portfolio of crypto partnerships in Latin America also includes Binance, Belo and Buenbit. Source
Australian central bank to launch ‘live pilot’ of CBDC in coming months
Australia’s central bank is set to launch a “live pilot” of a Central Bank Digital Currency (CBDC) “in the coming months,” according to a joint statement from the Reserve Bank of Australia (RBA) and Digital Finance CRC (DFCRC), an Australian financial research institute. The RBA said on Mar. 2 local time said it was collaborating with the DFCRC on a research project to “explore potential use cases and economic benefits of a central bank digital currency (CBDC) in Australia.” The RBA announced the initial stage of the research project involved…
Koii Labbs, Idexos launch middleware bridge aiming to replace CEXs
Attacks on bridge technology in 2022 led to the theft of $2.5 billion from decentralized finance (DeFi) protocols, according to a report by Token Terminal. While this could have been a setback for many projects and, thus, for the crypto space, it seems to be fueling infrastructure and security developments. At the ETH Denver 2023, Web3 protocol Koii Labs and software company Idexo announced a new middleware bridge to advance deployments on-chain with “just a few lines of code,” Cointelegraph exclusively learned from the teams. The solution aims not only…
Koii Labs, Idexos launch middleware bridge aiming to replace CEXs
Attacks on bridge technology in 2022 led to the theft of $2.5 billion from decentralized finance (DeFi) protocols, according to a report by Token Terminal. While this could have been a setback for many projects — and, thus, the crypto space — it seems to be fueling infrastructure and security developments. At the 2023 ETHDenver conference, Web3 protocol Koii Labs and software company Idexo announced a new middleware bridge to advance deployments on-chain with “just a few lines of code,” Cointelegraph exclusively learned from the teams. The solution aims not only…
Ethereum ERC-4337 ‘smart accounts’ launch at WalletCon: Account abstraction is here
Smart accounts, enabled by the launch of the new ERC-4337 standard, are now available on Ethereum and are expected to help mainstream adoption by finally making crypto user friendly. Ethereum Foundation security researcher Yoav Weiss will make the surprise announcement at WalletCon in Denver today that the core contracts for ERC-4337 — known by blockchain developers as “account abstraction” — have passed an audit by Open Zeppelin and will be made available on every Ethereum Virtual Machine (EVM) compatible network including Polygon, Optimism, Arbitrum, BNB Smart Chain, Avalanche and Gnosis…
Coinbase Shares Seeing Resurgence Since Launch of Its Base L2 Network
The launch of Base will position Coinbase in such a way that will give it a competitive advantage by a large margin. American digital currency trading platform Coinbase Global Inc (NASDAQ: COIN) is seeing a bullish rejuvenation in its stock price as the sentiment surrounding its Base layer 2 (L2) networks is growing. COIN is trading at a price of $66.44, up 2.48% in the Pre-Market, soaring from the $64.83 it ended Tuesday’s trading session atop a 9.96% growth. That Wall Street is all pumped about Coinbase is not surprising…