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| March 24, 2019

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Switch Between BCH and BTC Effortlessly With the Bitcoin.com Wallet

March 20, 2019 |

The Bitcoin.com Wallet is a simple cryptocurrency light client that supports bitcoin cash (BCH) and bitcoin core (BTC). Since the initial release of the software, there have been 3.7 million noncustodial wallets created and climbing. Now, the latest version of the Bitcoin.com Wallet not only allows users to manage digital assets, but also provides the ability to switch between the BTC and BCH.

Also read: This Version of Lode Runner Is Fueled by BCH-Powered SLP Tokens

Swap Coins With Sideshift and the Bitcoin.com Wallet

Ever since the Bitcoin.com Wallet was introduced in August 2017, thousands of wallets have been created each week with minimal effort. The wallet is an easy to use light client that provides the ability to store, send and receive BCH and BTC. The wallet is also noncustodial, which means the user is 100 percent in charge of funds at all times. Since the launch of the Bitcoin.com Wallet, there’s been over 3,732,010 wallets created. The hard working developers behind the wallet software have now released version 5.6, which allows users to purchase digital currencies and swap between BCH and BTC using Sideshift.

To utilize the Sideshift application on the Bitcoin.com Wallet homepage, simply scroll down to the tab that says “Exchange between BTC and BCH.” From there, you’ll be directed to the Sideshift application which works within the wallet interface. Press “Start Sideshift AI” to proceed with swapping BTC for BCH or vice versa. After the start button is selected, you to choose a wallet with funds to send from in order to conduct the trade. After picking a wallet with funds and then choosing a wallet to send to (the receiving address), the user then selects how much they want to trade. The Sideshift application allows you to choose “All available funds” as well.

Switch Between BCH and BTC Effortlessly With the Bitcoin.com Wallet

After choosing the amount of funds to swap, the user is shown how much Sideshift will charge for the trade and the BCH network fee deduction too. You’ll then be asked to press the “OK” tab, which gives consent to the swap and network processing fees and slide the send bar to finalize the shift. Using the shifting feature takes just a couple of minutes and the Sideshift fee is very competitive compared to the majority of shifting platforms. In addition to the Sideshift feature, the Bitcoin.com Wallet has upgraded the buy feature which gives the ability to purchase bitcoin cash (BCH) and bitcoin core (BTC) instantly.

Switch Between BCH and BTC Effortlessly With the Bitcoin.com Wallet

Spreading Economic Freedom Across the Globe

The new features added to the Bitcoin.com Wallet make the powerful and secure cryptocurrency wallet even more robust than ever. The wallet also includes useful links to our newsdesk, blockchain tools, bitcoin cash games, and charts. Not only does the Bitcoin.com Wallet offer a single owner wallet, but the software allows for multi-signature wallet creation as well. Moreover, the software utilizes multiple languages including English, Spanish, French, Italian, Polish, German, Japanese, Chinese, Russian, and Portuguese. Allowing users to easily purchase cryptocurrencies and swap their BTC for BCH helps promote accessibility and adoption and at Bitcoin.com that’s always been our mission.

Do you use our wallet? Let us know what you think about the Bitcoin.com Wallet in the comments below.


Image credits: Shutterstock and Bitcoin.com.


Not up to date on the news? Listen to This Week in Bitcoin, a podcast updated each Friday.

The post Switch Between BCH and BTC Effortlessly With the Bitcoin.com Wallet appeared first on Bitcoin News.

Bitcoin News

In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet

March 12, 2019 |

In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet

In this edition of The Daily we cover a funding round by a Swiss startup that lists crypto instruments on the SIX exchange, an expansion of the Coinsource ATM network using a new business practice, and a new feature added to the Etoro wallet.

Also Read: Online Bank Swissquote to Add Crypto Custodial Services

Amun Raises $ 4 Million in Initial Funding Round

Swiss crypto asset investments startup Amun AG has announced it has completed its first funding round. The round raised $ 4 million for Amun, and brought on board a number of known industry figures including Adam Draper, founder of Boost VC, Graham Tuckwell, founder of ETFS Capital, and Greg Kidd, co-founder of Hard Yaka. The round also saw participation of four family offices from the U.S., Switzerland and the Middle East.

In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet

Amun is a platform for creating crypto indices and issuing crypto products, in addition to listing, settling, and custody of physically-backed crypto products on public exchanges. Last year it listed an instrument on the Swiss SIX Exchange called HODL, which is a physically backed exchange-traded product (ETP) based on five popular cryptocurrencies (BTC, ETH, BCH, XRP and LTC).

Hany Rashwan, the CEO of Amun, explained that the company plans on using the newly raised funds to keep investing in technical infrastructure, to launch additional crypto-tracking exchange-traded products across multiple geographies, and to help others bring crypto assets to the public markets.

Coinsource Expands in Durham, North Carolina

Coinsource, the Texas-based cryptocurrency ATM network, has reached a partnership with data security company Halo Privacy, expanding its existing network with a two-way (buy and sell) machine in Durham, North Carolina. The partnership makes Halo Privacy the first company to license the ATM network’s technology and operate one of its machines. Sheffield Clark, the CEO of Coinsource, stated that in entering this new stage of business practice the company remains committed to expanding its service to all of the U.S. and eventually reaching international markets.

In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet
Durham, North Carolina

Jamie Marden, director at Halo Privacy, explained: “Partnering with Coinsource to develop BTM networks is a core part of our strategy in the space and they have been outstanding counterparts. We plan to roll out to new markets over the course of 2019 and are excited be contributing to the still nascent cryptocurrency industry.”

Holder of a New York state Bitlicense, Coinsource already operates over 200 kiosks in more than 20 American jurisdictions.

Etoro Wallet Users Can Now Buy Crypto In-App

Etorox, the digital asset subsidiary of social investment platform Etoro, has announced that users of its wallet can now buy cryptocurrencies with fiat directly within the wallet app. All crypto assets available in the wallet (BTC, ETH, BCH, LTC and XRP) can be purchased directly in the app using a credit or debit card (Visa, including Visa Electron and Visa Plus, Mastercard, Maestro and Cirrus).

In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet

To enable this new functionality, Etorox has partnered with Simplex, a licensed financial institution that combines payments processing with fraud prevention technology. Founded in 2014, Simplex is headquartered in Israel, with subsidiaries in the U.K., U.S., and Lithuania. The service processes credit card payments for some of the largest crypto exchanges, wallets, and platforms around the world.

If the service is still not available in your location, the company explains that the Etoro wallet is a new product that is being rolled out on a phased basis both in terms of geographic reach and functionality. Additionally, at present purchases can be made only in euros or pounds sterling.

What do you think about today’s news tidbits? Share your thoughts in the comments section below.


Images courtesy of Shutterstock.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post In the Daily: Amun Funding Round, Coinsource Two-Way ATM, Etoro Wallet appeared first on Bitcoin News.

Bitcoin News

In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet Updates

March 8, 2019 |

In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet Updates

In Friday’s roundup of news from across the cryptosphere, we look at the rise of U.S. presidential candidate Andrew Yang and his acceptance of cryptocurrency donations. We also detail a new partnership between Kleros and Ethfinex that will see the Ethereum-based exchange utilize crowdsourced jurors to govern token listings. Finally, we round up news from hardware wallet manufacturers Ledger and Trezor.

Also read: Former Bitmain Employees May Find Refuge in a Spinoff Startup Called Matrix

Andrew Yang Embraces the Crypto Crowd

Andrew Yang’s campaign to become U.S. president in 2020 is gaining traction. In recent weeks, the Democratic candidate has garnered attention from mainstream media as well as on internet message boards whose anonymous posters still credit themselves with “memeing” Trump into power. The tech-savvy Yang, who advocates a $ 1,000 per month universal income, has been talking crypto for years.

He first tweeted about Bitcoin in 2013 and then in 2018 began accepting campaign donations in cryptocurrency, which he described as “huge news.” Supporters can pledge up to $ 2,500 in crypto, with BTC, ETH, and ERC20 tokens all accepted. Last year, Yang also opined that crypto and blockchain technology have “massive potential to create a more transparent society. A smart government would embrace this and work with it. I would do that.” As Yang’s campaign has gained momentum in recent weeks, a number of well-known cryptocurrency supporters have pledged their support for the 44-year-old whose business venture background make him likely to smile kindly upon digital assets should he take office.

In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet Updates
Andrew Yang

Ethfinex to Utilize Kleros’ Token Curated Registry

ERC20 token platform Ethfinex has joined forces with blockchain dispute resolution service Kleros to “decentralize” exchange listings. In a blog post on March 7, Kleros explained: “Until now, the Ethfinex listing process consisted of Ethfinex picking the best projects to put forward to a public vote, which was then carried out by users of the Ethfinex exchange.” Under the new system, “the community is now solely responsible for the curation of the tokens put forward to vote” using Kleros’ dispute resolution service,

In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet Updates

Token listings on major exchanges are sometimes contentious, with allegations of vote-rigging and other underhand tactics by project teams and supporters eager to see their altcoin make the cut. Kleros and Ethfinex are optimistic that the solution they’ve pioneered will be more transparent and community-focused. The announcement finished: “We’re excited to see how this goes and hope this is the first of many exchanges taking the leap into true decentralization of token listings.”

Trezor and Ledger Share Major Security Announcements

This week, the industry’s two leading hardware wallet (HW) manufacturers have had important updates to share. On March 4, Ledger warned its customers not to use its Monero app with the latest Monero client due to a major security issue that the French firm is investigating. Trezor, meanwhile, has announced firmware updates for its Trezor One and Model T devices. While the vulnerabilities patched by the latest software were serious, Trezor stressed that “there is no evidence that any of these vulnerabilities have ever been exploited outside of the lab to extract any data.”

What are your thoughts on the stories in today’s news roundup? Let us know in the comments section below.


Images courtesy of Shutterstock.


Need to calculate your bitcoin holdings? Check our tools section.

The post In the Daily: Pro-Crypto Presidential Candidate, Kleros and Ethfinex Partner, Hardware Wallet Updates appeared first on Bitcoin News.

Bitcoin News

This New Hardware Wallet Fits Into a Smartphone SIM Tray

March 7, 2019 |

On March 5, a new hardware wallet was unveiled by U.S. tech startup Vaulttel that fits inside a mobile phone’s SIM tray. According to the manufacturer, the Intellichip SIM card uses state of the art encryption while also providing biometric authentication.

Also read: 4 of Tokyo’s Hottest Nightclubs to Accept Bitcoin Cash

The Vaulttel Intellichip SIM Card: A Different Kind of Cryptocurrency Wallet

While most hardware wallet manufacturers sell a device that stores and signs cryptocurrency transactions, Vaulttel has released a different kind of wallet. The Vaulttel Intellichip card is a wallet that fits into a SIM card tray and allows users to store and access their private keys. According to the company, the wallet surpasses the competition because it includes biometric authentication, the ability to limit access to wallet to a particular geo fence, and device locks so the user can assign the wallet down to a particular phone. In order to use the application, users are required to utilize a chip and chip dongle. Vaulttel also allows users to back up wallets with additional Intellichip cards.

“Vaulttel is the only cryptocurrency storage solution designed for mobile phones,” the company asserted. “Other products available on the market, such as Ledger and Trezor Wallet, utilize an external device with a micro USB connection — They only work on laptops and desktops while our solution was developed to work on mobile phones.”

This New Hardware Wallet Fits Into a Smartphone SIM Tray

Biometrics, AES512 Encryption and Multi-Actor Authentication

Vaulttel is selling the hardware devices for Android and iOS smartphones. Currently, the iOS kit is selling for $ 131 and the Android package is $ 98 according to the Vaulttel website. The Miami-based startup explained that the cryptocurrency wallet uses BIP39 seed and BIP44 HD wallet types. Vaulttel claims the Intellichip cards are backed by military-grade encryption AES512 in order to encrypt/decrypt the files stored on the owner’s device. Additionally, without the ability to access a user’s biometric authentication, no one can steal the device and use it maliciously. “More than that, no spy screen recorder or Trojan can record what is happening on your hardware wallet, as it’s not using your laptop or system resources,” the company’s website details.

“Vaulttel’s multi-actor authentication security designed for cryptocurrency storage on mobile phones is the first of its kind and that really sets us apart,” remarked Vaulttel’s founder Isaac Daniel during the announcement.

This New Hardware Wallet Fits Into a Smartphone SIM Tray
Vaulttel secondary connector.

Over the last few months, there has been a slew of new hardware wallets unveiling features that older manufacturers have not replicated. For instance, Cool Wallet X is much different to an ordinary hardware wallet because it is bendable and shaped like a credit card. Other alternatives have implemented bluetooth and Near Field Communication (NFC), enabling cryptocurrency users to access their wallet without a USB cable. Vaulttel’s biometric features and the ability to add the SIM card to any mobile device using iOS or Android systems may entice people looking for something different.

What do you think about the Vaulttel hardware wallet SIM card? Let us know what you think about this subject in the comments section below.

Disclaimer: This article is for informational purposes only. Bitcoin.com does not endorse this service. Readers should do their own due diligence before taking any actions related to the mentioned companies or any of its affiliates or services. Bitcoin.com and the author are not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.


Image credits: Vaulttel, Shutterstock, and Pixabay.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH, and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post This New Hardware Wallet Fits Into a Smartphone SIM Tray appeared first on Bitcoin News.

Bitcoin News

Cash Accounts Developer Publishes User-Friendly Cashual Wallet Concept

March 3, 2019 |

On March 2, Jonathan Silverblood, the creator of the Bitcoin Cash name system Cash Accounts, published a user-friendly wallet design he’s been working on for a long time. The Cashual Wallet concept is a BCH client specifically designed for ease of use and features the Cash Accounts name system integration.

Also read: Payglobal Provides Cryptocurrency to Fiat Transfers With Existing Bank Cards

Developer Publishes Cashual Wallet Concept to Inspire Developers to Build Easy to Use Wallets

This week BCH developer and creator of Cash Accounts Jonathan Silverblood introduced a new wallet concept he’s been working on called the Cashual Wallet. Six months ago Silverblood created a mockup of what the wallet would look like but was faced with an obstacle. Silverblood’s initial design involved a peer-reviewed wallet library that could cooperate with his mockups, which did not exist back then. However the features are now being integrated into the open source libraries used by Bitpay, Silverbood explained this Saturday. In a blog post, Silverblood introduced the Cashual Wallet concept as “a serious attempt at implementing a user-friendly wallet for non-technical users.”

“Six months ago I wrote an article outlining some design principles and guidelines for how to make a user-friendly wallet. I wanted to offer feedback and inspire developers to build more user-friendly wallets,” Silverblood detailed.

Cash Accounts Developer Publishes User-Friendly Cashual Wallet Concept

The developer outlined what he thinks are the most important features for non-technical users when they first begin using a cryptocurrency wallet. To Silverblood, onboarding requires a simplified user experience (UX) and emphasized what he thinks is more important when it comes to the wallet’s UX. One obstacle is language barriers and Silverblood detailed that Cashual Wallet will use the language of the device’s operating system where possible, but default to English if there is no available translation. The native fiat currency displayed on the wallet will work similarly as the wallet will ask the device operating system for the user’s local currency and pre-select the appropriate option for the user. Additionally, Silverblood’s wallet allows the user to change from day to night mode depending on preference.

Cash Accounts Developer Publishes User-Friendly Cashual Wallet Concept

A Strong Implementation of Cash Accounts

Perhaps the most user-friendly aspect of Cashual Wallet is that not only does it use traditional BCH identifiers for payment data, but it also utilizes the Cash Accounts protocol. Cash Accounts is an open-source program that uses the BCH chain to create bound technical identifiers to human readable and user-friendly account names. “In order to allow the user the best possible experience they will be asked for a name to use to receive payment on the setup screen, and name registration is automated,” reads the introductory post to Silverblood’s Cashual Wallet.

Cash Accounts Developer Publishes User-Friendly Cashual Wallet Concept

When the user enters a name to use for their Cash Account, the wallet has a reusable address, it contacts a registration service and asks it to register the name with the user’s payment information,” Silverblood’s concept description reveals. “When the registration is complete the wallet verifies the information before using it.”

The post continues:

Immediately after the user has created their wallet they are shown an empty home screen — There is a history entry for the wallet creation and a pending entry for account registration.

Cash Accounts Developer Publishes User-Friendly Cashual Wallet Concept

Silverblood adds that until the Cash Accounts registration is completed the user can utilize the wallet in a traditional manner. Essentially a new user would have to use a technical identifier tethered to the client instead. The China-based Ifwallet recently implemented Cash Accounts into the firm’s light client for Android and iOS. The Cash Accounts programmer also emphasized there are improvements which he has “not yet implemented in the design.” Moreover, the developer explained he would appreciate all the help he can get from other programmers with the BCH-centric Cashual Wallet. “Like all my work in the field the source code is available and anyone is free to use it according to the MIT license,” Silverblood’s post concludes.

What do you think about Silverblood’s Cashual Wallet concept? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, Visa, Payglobal, and Pixabay.


Need to calculate your bitcoin holdings? Check our tools section.

 

The post Cash Accounts Developer Publishes User-Friendly Cashual Wallet Concept appeared first on Bitcoin News.

Bitcoin News

Samsung Launches Galaxy Series Preloaded With Cryptocurrency Wallet

February 21, 2019 |

Samsung Launches Galaxy Series Preloaded With Cryptocurrency Wallet

On Wednesday, Feb. 20, the mobile phone manufacturing giant Samsung Electronics released its flagship smartphone, the Galaxy S10. Crypto enthusiasts will be pleased to hear that the new phone comes with the company’s proprietary Samsung Knox security system which stores blockchain-based private keys.

Also Read: This ‘Faketoshi’ Signature Tool Lets Anyone Become Satoshi Nakamoto

Galaxy S10 Houses Private Keys

The relationship between Samsung and cryptocurrencies is official as the firm has released its latest Galaxy series that comes with a security system specifically designed to house digital currencies. This Wednesday, the South Korean electronics manufacturer announced the launch of the new Galaxy S10s which will be available in stores and online on March 8 throughout select markets. The smartphone is the first HDR10+ certified device, offers access to next-generation Wi-Fi 6 and features an Exynos 9820 chip. But cryptocurrency enthusiasts will be very pleased to hear that the phone will come with pre-installed hardware called Samsung Knox which is aimed at protecting blockchain assets.

“The Galaxy S10 is built with defense-grade Samsung Knox, as well as secure storage backed by hardware, which houses your private keys for blockchain-enabled mobile services,” explains the firm’s announcement.

Samsung Launches Galaxy Series Preloaded With Cryptocurrency Wallet
Samsung Galaxy S10 series. The company has also introduced a foldable phone which will likely support Samsung’s Knox security.

Samsung had tried to keep the cryptocurrency focused hardware system under the radar for months, but had problems with leaks. For instance, on Dec. 19, a Norwegian television station unintentionally aired the smartphone’s first commercial. Then on Jan. 27, leaked photos had shown images of the ‘Samsung Blockchain Keystore,’ which reportedly will start off by supporting ethereum (ETH) and bitcoin core (BTC). Samsung had previously filed for a smartphone crypto wallet trademark on Dec. 28, 2018. The “Samsung Crypto Wallet,” trademark UK00003363431 explains the wallet is meant for smartphones, tablets, portable computers, and other types of devices. The software is for “use as a cryptocurrency wallet for cryptocurrency transfers and payments using distributed ledger technology,” the trademark details.

Samsung Launches Galaxy Series Preloaded With Cryptocurrency Wallet
Leaked photographs of Samsung’s Blockchain Keystore.

Samsung Follows the Blockchain Phone Trend

The company’s trademark Samsung Knox mobile security solution is meant for securing important data like passwords and private keys. The Knox website emphasizes that individuals and organizations use smartphones every day for banking and accessing business information. Knox is meant to protect that data if it falls into the wrong hands the company claims. Interestingly, Samsung’s security software has a white paper that says Knox is used widely throughout industries such as government, finance and healthcare.

Samsung’s entry into the blockchain space follows the smartphone giant HTC and the first cryptocurrency-centric smartphone called Exodus. Then there’s Sirin Labs’ Finney phone being sold at the company’s flagship store in London for $ 999. Samsung also released the Galaxy Fold this week which may have the built-in Samsung Blockchain Keystore and can fold in half.

What do you think about the new Galaxy series which houses private keys for blockchain-enabled mobile services? Let us know what you think about this subject in the comments section below.


Image credits: Samsung, and Twitter. 


At news.Bitcoin.com all comments containing links are automatically held up for moderation in the Disqus system. That means an editor has to take a look at the comment to approve it. This is due to the many, repetitive, spam and scam links people post under our articles. We do not censor any comment content based on politics or personal opinions. So, please be patient. Your comment will be published.  

The post Samsung Launches Galaxy Series Preloaded With Cryptocurrency Wallet appeared first on Bitcoin News.

Bitcoin News

Coinbase Wallet App Adds Bitcoin Cash Support

February 20, 2019 |

Coinbase Wallet App Adds Bitcoin Cash Support

Coinbase announced on Tuesday that users of its wallet app can now directly store their bitcoin cash. The app update will be rolled out to all iOS and Android users in the next few weeks. Both Cashaddr and legacy address formats are supported alongside Bitcoin Cash Testnet for developers.

Also read: SEC Chair Explains Key Upgrades Needed for Bitcoin ETF Approval

Adding BCH Support

San Francisco-based digital currency platform Coinbase announced on Tuesday that its noncustodial wallet app now supports bitcoin cash. Siddharth Coelho-Prabhu, Product Lead at Coinbase, wrote that “Starting today, you can now store your bitcoin cash (BCH) directly in the Coinbase Wallet app.” However, he elaborated:

The new wallet update with bitcoin cash support will roll out to all users on iOS and Android over the next few weeks. BCH support is activated by default — all you need to do is tap ‘Receive’ on the main wallet tab and select bitcoin cash to send BCH to your Coinbase Wallet.

Coelho-Prabhu emphasized that the wallet “supports both newer Cashaddr address formats, as well as legacy addresses for backwards compatibility in all applications.” It also supports “Bitcoin Cash Testnet to aid developers and power users,” he detailed, adding that his team also plans “to add support for the JSON Payment Protocol in the future.”

Coinbase Wallet App Adds Bitcoin Cash Support

The security of the Coinbase Wallet app is more advanced than its custodial web wallet counterpart. According to the announcement, users’ private keys are encrypted and stored on their mobile devices using a Trusted Execution Environment (TEE), or Secure Enclave technology. “This specialized hardware is considered the most secure way to safeguard private data on mobile devices,” Coelho-Prabhu claims.

The BCH support follows the BTC support announced on Feb. 5. Coinbase Wallet previously supported only “ethereum, ethereum classic, and over 100,000 different ERC20 tokens and ERC721 collectibles built on Ethereum,” the product lead noted.

Other Developments

A week before BCH support was added, Coinbase announced that users “can now backup an encrypted version of your Coinbase Wallet’s private keys to your personal cloud storage accounts, using either Google Drive or iCloud.” Coelho-Prabhu described, “This new feature provides a safeguard for users, helping them avoid losing their funds if they lose their device or misplace their private keys.”

However, the optional feature was met with a large amount of negative feedback on social media. Tallycoin developer DJ Booth tweeted, “This is a terrible idea and encrypting with a user-chosen password is even worse. Most people cannot choose/remember strong passwords and generally reuse passwords.” After hundreds of tweets disapproving of the new feature, the company responded: “If you feel uncomfortable storing an encrypted backup in your cloud account, you can keep a copy of the recovery phrase (mnemonic seed) by yourself.”

Coinbase Wallet App Adds Bitcoin Cash Support

Then, on Tuesday, Coinbase announced that it has acquired Neutrino, which describes itself as a blockchain data intelligence platform. “By analyzing data on public blockchains, Neutrino will help us prevent theft of funds from peoples’ accounts, investigate ransomware attacks, and identify bad actors,” explained Varun Srinivasan, Coinbase’s director of engineering. “It will also help us bring more cryptocurrencies and features to more people while helping ensure compliance with local laws and regulations.”

What do you think of the Coinbase Wallet app? Will you use it? Let us know in the comments section below.


Images courtesy of Shutterstock.


Need to calculate your bitcoin holdings? Check our tools section.

The post Coinbase Wallet App Adds Bitcoin Cash Support appeared first on Bitcoin News.

Bitcoin News

BCH-Powered Badger Wallet Now Connects to a Variety of Blockchain Apps

February 14, 2019 |

BCH-Powered Badger Wallet Now Connects to a Variety of Blockchain Apps

Since its inception, the bitcoin cash (BCH) light client Badger Wallet has become one of the most versatile BCH platforms. Over the last few weeks, Badger developers have added a slew of new features including Simple Ledger Protocol (SLP) support and integration with projects like Satoshi Dice and Sideshift.io.

Also Read: Bitcoin’s Social Contract Must Be Resilient to the Whims of Future Generations

Badger Wallet Wants to Be the Gateway for BCH-Centric Applications

The Badger Wallet light client has been making strides lately by showing the BCH community the application’s versatility with multiple BCH-centric applications. The Chrome and Firefox-based Badger software is similar to the ethereum (ETH) client Metamask and aims to be the gateway to a wide variety of BCH applications. With Badger, the developers have given the software the ability to communicate with BCH and tokens that have been created with the chain. Badger developers have emphasized that the wallet enables an entirely new dimension to the web with “micro-payments, smart-assets, decentralized exchanges, distributed autonomous organizations and more.” Over the last few weeks, Badger has shown its ability to adapt by being implemented into some of the most popular BCH-based platforms.

BCH-Powered Badger Wallet Now Connects to a Variety of Blockchain Apps
Badger Wallet working with the Cash-ID protocol.

For instance, last November Badger integrated Wormhole token support which allowed users to send and receive Wormhole-based tokens. On Feb. 6, 2019, Badger developer Gabriel Cardona revealed that the wallet’s version 0.1.4 is live and SLP tokens are now enabled. Because Badger supports both Wormhole and SLP tokens, it is the first wallet client that can support bitcoin cash and tokens from two different projects. Badger also works with the Cash-ID protocol and can act as an identity vault. The Cash-ID concept is an open protocol developed by Jonathan Silverblood. Within the Badger user interface, it provides individuals with the ability to sign in to web pages and BCH-based applications and also unlock content by using their private keys.

“We see this as an entirely new paradigm in identity management and an enabling technology in our goal to be your identity vault and gateway to Bitcoin Cash apps,” explains Badger’s website.

BCH-Powered Badger Wallet Now Connects to a Variety of Blockchain Apps
Badger wallet connects with Sideshift.io and Satoshi Dice.

Satoshi Dice, Sideshift and Memo.cash Integrations

Badger has also integrated with a few other platforms in the BCH universe recently. The popular bitcoin cash-powered betting platform Satoshi Dice has connected with the wallet’s “Badger Button” (an automated payment button) that adds a seamless and near instant user experience. Instead of having to scan QR codes with the Badger Button and the Satoshi Dice platform’s zero-confirmation acceptance, players can wager in a frictionless fashion. On Feb. 6, the side-shifting application Sideshift.io also added Badger support and “test pilots” do not have to scan QR codes to send BCH. Sideshift is an application that’s similar to Shapeshift and Badger swapping coins with BCH makes the process move much quicker.

BCH-Powered Badger Wallet Now Connects to a Variety of Blockchain Apps
The Badger OP return API allows users to send a memo on Memo.cash with Badger

The wallet’s development team has also published its new OP return API that allows users to send a memo on Memo.cash with Badger. If a user has a Badger Wallet installed on Chrome or Firefox then they can type the memo and after pressing confirm the wallet will sync with a bitcoin cash tethered OP return smart contract. After accepting the terms of the contract using the Badger interface, the message will be executed on the Memo.cash platform after confirming the payment. Overall, Badger’s developers in striving to reach their goal have continued to connect with well-known platforms and token solutions within the BCH ecosystem.

“Badger is your identity on this new web — You can pay for premium content, run smart contracts and experience Bitcoin Cash apps seamlessly and trust free,” the Badger Wallet developers explain.

What do you think about Badger Wallet? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, Badger Wallet, Twitter, and Jamie Redman. 


Need to calculate your bitcoin holdings? Check our tools section.

The post BCH-Powered Badger Wallet Now Connects to a Variety of Blockchain Apps appeared first on Bitcoin News.

Bitcoin News

In the Daily: Cointext Expansion, Keycard Wallet, ETF Withdrawal, PUBG Hackers

February 14, 2019 |

In the Daily: Cointext Expansion, Keycard Wallet, ETF Withdrawal, PUBG Hackers

In this edition of The Daily we cover the latest international expansion by SMS bitcoin cash wallet Cointext, the new Keycard hardware wallet and the withdrawal of a cryptocurrency ETF proposal. Also, a gang of cyber criminals allegedly used the popular battle royale game PUBG to coordinate stealing millions in cryptocurrency.

Also Read: In the Daily: Quadrigacx Losses, Bithumb UAE, Coinbase Cloud Backup, Chainalysis Funding

Cointext Expands to Two More Markets

Cointext, a platform that enables users to transfer cryptocurrency offline using simple text messages, has launched its service in two new European markets. The SMS bitcoin cash (BCH) wallet has now been made available in Denmark and the island of Jersey. This brings the total number of regions around the world supported by the network up to 42. New users in these markets can get a Cointext wallet by texting START to the access number 4592452565 in Denmark or 447937900030 in Jersey.

In the Daily: Cointext Expansion, Keycard Wallet, ETF Withdrawal, PUBG Hackers
Saint Aubin, Jersey, Channel Islands, UK

The Cointext wallet allows anyone with even a basic mobile device that supports text messages to send electronic cash to other phone numbers or BCH addresses. What’s more, to receive the money, the recipients don’t even need to download a wallet, install an application, set up an account or even have access to the internet.

Status Hardwallet Relaunched as Keycard

Status has announced on Wednesday that it is reintroducing Hardwallet as Keycard – a hardware wallet with an open API that is meant to enable developers from the community to integrate it with other wallets or hardware and even build their own smartcards. The new hardware resembles the form of a credit card and it relies on NFC technology instead of a connected USB port to unlock private keys and enable contactless payments. The company says that when the card is available for purchase, it will cost around $ 29 and will ship anywhere in the world. It is also said to support several digital assets including BCH, BTC, LTC, XRP, ETH and ERC20 tokens.

In the Daily: Cointext Expansion, Keycard Wallet, ETF Withdrawal, PUBG Hackers

The company revealed that a couple of teams are already developing applications based on the Keycard API and hardware. “The Keycard API is an excellent open-source reference implementation for applying standards across the crypto industry to JavaCard development. If you’re developing a JavaCard applet that utilizes crypto, this is the place to start,” said Mark D’Agostino, the CEO of Grid+.

The first batch of Keycards are said to be in production and expected to be available for developers to beta test in March. The company hasn’t set a hard date yet as to when Keycard will be available for purchase by the general public.

SEC Forces Reality Shares ETF Withdrawal

This Monday, Reality Shares ETF Trust filed a registration statement with the U.S. Securities and Exchange Commission (SEC) for an ETF that will invest in bitcoin futures as part of its investment strategies. However, by Tuesday the SEC already forced the withdrawal of the crypto ETF proposal. The Reality Shares Blockforce Global Currency Strategy ETF was meant to be an actively managed fund listed on the NYSE Arca exchange. Its portfolio was supposed to include bitcoin futures traded on the Cboe Futures Exchange and the Chicago Mercantile Exchange as well as sovereign debts and money market mutual funds.

In the Daily: Cointext Expansion, Keycard Wallet, ETF Withdrawal, PUBG Hackers

The withdrawal request reads: “Reality Shares ETF Trust hereby respectfully requests the withdrawal of…the Trust’s Registration Statement…as it applies to the registration of the Reality Shares Blockforce Global Currency Strategy ETF…The Registrant is requesting the withdrawal…at the request of the Staff of the U.S. Securities and Exchange Commission. No securities have been sold in connection with the offering of the Fund.”

Turkish Hackers Used PUBG to Communicate

Sadly, hackers targeting crypto ventures is nothing new or out of the ordinary these days. However, from time to time a case involves an aspect which is hard to ignore, such as using a video game as a tool for cyber crime.

According to reports from Turkey, police forces have arrested two dozen people in raids across the country suspected of involvement with the theft of millions in cryptocurrency. This relatively large group of people was coordinating its operations by communicating via the popular online multiplayer battle royale video game Player Unknown’s Battlegrounds (PUBG), Turkish cyber police investigators reportedly claim.

In the Daily: Cointext Expansion, Keycard Wallet, ETF Withdrawal, PUBG Hackers

The PUBG gang allegedly stole 13 million Turkish liras (almost $ 2.5 million USD) by hacking a cryptocurrency company in Istanbul and diverting funds from two of its accounts. During the police raids, a reported 54,000 Turkish liras in fiat cash and 1.3 million lira’s worth of cryptocurrency was seized from the suspects.

What do you think about today’s news tidbits? Share your thoughts in the comments section below.


Images courtesy of Shutterstock, Status.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post In the Daily: Cointext Expansion, Keycard Wallet, ETF Withdrawal, PUBG Hackers appeared first on Bitcoin News.

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Coinbase Noncustodial Wallet Adds BTC Support and Plans to Add More Assets

February 7, 2019 |

Coinbase has announced support for bitcoin core (BTC) in the company’s noncustodial wallet. The wallet was originally originally dedicated to ethereum (ETH), ethereum classic (ETC), ERC721 and ERC20 tokens. The San Francisco based company plans to add more currencies to the wallet in the near future.

Also Read: The Daily: F1 Team Gets Crypto Sponsor, Dubai Royal Partners Digital Assets Fund

Noncustodial Coinbase Wallet Now Supports BTC

After building a slew of custodial services, Coinbase released a noncustodial wallet for storing, sending, and receiving ETH, ETC, and a wide array of ERC-based tokens. Coinbase Wallet is a rebrand of the ‘Toshi’ client the company introduced back in April of 2017. The wallet also connects to a dapp browser that showcases certain ETH-fueled platforms. A few weeks ago Coinbase announced the development team was in the midst of adding BTC support to the wallet, and on Feb. 5, Coinbase representative Siddharth Coelho-Prabhu revealed that developers have fully integrated support for BTC. “Our goal with Coinbase Wallet is to create the world’s leading user custodied crypto wallet,” ran the announcement.

“Bitcoin support is activated by default — all you need to do is tap ‘Receive’ on the main wallet tab and select Bitcoin to send BTC to your Coinbase Wallet,” Coelho-Prabhu detailed. “Coinbase Wallet supports both newer segwit addresses with lower transaction fees, as well as legacy addresses for backward compatibility in all applications.”

Setting up a new Coinbase Wallet with username and passcode.

Just like the previous version of the wallet, the light client’s private keys are encrypted on your mobile phone or tablet using secure enclave technology. “This specialized hardware is considered the most secure way to safeguard private data on mobile devices,” Coelho-Prabhu explained. The Coinbase light client also supports the BTC and ETH testnets so programmers can work with testnet coins to deploy cryptocurrency integrated applications. At the moment most applications in the browser, like Peepeth, Instadapp, Totle, Cent, Smartdrops, Compound, Paradex, Oasis Direct, and Airswap are all Ethereum-based protocols. You can also click the “Discover Dapps” button to find more applications within the wallet’s browser.

Backing up the Coinbase Wallet’s private keys and the BTC wallet interface.

Bitcoin Cash, Litecoin, and Other Coins Will Be Supported Soon

Coinbase also details the company will be adding bitcoin cash (BCH), litecoin (LTC) and other popular digital assets soon. When BCH gets added to the wallet lineup there’s a wide variety of dapps that could be added to the Coinbase browser like Memo.cash, Craft.cash, Wormhole, the Simple Ledger Protocol (SLP) and Bookchain.

The Coinbase Wallet’s dapp browser, testnet section, and active wallets.

Not only has Coinbase announced BTC integration, but the company recommends Coinbase.com users should check out the wallet as it gives them control over their keys. The San Francisco company also emphasized the difference between the newly revamped wallet and the firm’s traditional brokerage operations.

“With Coinbase.com, you can buy crypto and Coinbase stores it (along with your private keys) for you; with Coinbase Wallet, you store your own crypto that’s safeguarded by a private key that only you know,” Coelho-Prabhu’s post concludes.

What do you think about the newly revamped Coinbase Wallet with added BTC support? Let us know what you think about this subject in the comments section below.


Image credits: Shutterstock, Jamie Redman, and the Coinbase Wallet.


Verify and track bitcoin cash transactions on our BCH Block Explorer, the best of its kind anywhere in the world. Also, keep up with your holdings, BCH and other coins, on our market charts at Satoshi’s Pulse, another original and free service from Bitcoin.com.

The post Coinbase Noncustodial Wallet Adds BTC Support and Plans to Add More Assets appeared first on Bitcoin News.

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