MetaMask announced it had made updates to its products' use license. The company stated in a press release published on its blog that the new updates will not have any impact on all end-users, most application developers and non-profits and will be free of charge for those groups. The company clarified that it would continue publishing and iterating upon the wallet provider API in the public sphere, ensuring a widely cross-compatible ecosystem of applications. It added it would remain committed to publishing all code in a public repository. What about using MetaMask for commercial purposes? According to MetaMask, developers who …

Bitcoin.com, and its partner, Cred, announced upgrades to its wallet that allow easy access to crypto earnings. Bitcoin.com’s wallet features integration between Bitcoin.com and Cred’s CredEarn platform. Users can now access CredEarn without leaving the wallet app, letting them pledge digital assets and receive interest payments in another asset. It can be accessed through desktop and mobile devices. Additional updates include immediate access to daily compound interest and interest payouts in the user’s cryptocurrency or stablecoin of choice. Cred and Bitcoin.com said their integration offers a “fee-free ability for customers to diversify their cryptocurrency portfolio.” Corbin Fraser, head of product …

The Neutrino protocol, a price-stable multi-asset protocol running on major blockchain platform Waves, is introducing the Neutrino dollar (USDN) on Ethereum. The Neutrino dollar, an algorithmic stablecoin collateralized by the Waves (WAVES) native token, is now available for all Ethereum users as the token has been ported to the Ethereum blockchain, Waves announced on Aug. 18. With the porting, Neutrino USD becomes accessible on Ethereum, enabling Ethereum users to stake rewards by just holding USDN in their Ethereum wallets, Waves CEO and founder Alexander Ivanov told Cointelegraph. The new integration also allows Ethereum developers to use USDN in their decentralized …

In a major new partnership, Samsung has announced that the Samsung Blockchain Wallet will be integrated with Gemini, a New York-based crypto exchange. This integration will allow owners of newer Samsung Galaxy phones to not only use their devices as cold storage wallets but to buy and sell crypto via the Gemini exchange as well. Samsung is the global leader in the smartphone market, with 298.1 million units shipped and a 21.8% market share in 2019, according to tech analytic firm Canalys. Adding support for Gemini will lower the barrier to entry to cryptocurrency use for millions of people. Previously, …

MyEtherWallet is expanding its integrations with decentralized finance through its dedicated wallet communication tool, MEWconnect. On Thursday, the project announced an integration with Aave and Ren, which marks the first time that third parties are using the MEWconnect technology. MEWconnect is a wallet linking system developed specifically for MyEtherWallet, and it is similar to those found on other DApp-enabled wallets like Metamask, Coinbase Wallet or more generalized frameworks like WalletConnect. Kosala Hemachandra, MyEtherWallet’s CEO, told Cointelegraph that the system was originally designed to securely connect MEW wallet app users to its web-based frontend. But the system is currently being used …

Nigeria, the biggest source of Bitcoin (BTC) trading volume in Africa, is apparently one of the fastest-growing crypto markets in the world, according to a new report. According to a new study by major crypto wallet Blockchain.com, Nigeria has seen the largest influx of activity on its wallet app since April 2020. Nigeria shows biggest interest in Bitcoin globally Published on Aug. 5, the report says that Nigeria has been the best performing country on its platform over the past three months. The report notes a 60% increase in usage of Blockchain.com’s web wallet in the region since April. In …

According to information provided by the crypto Twitter account, Whale Alert, 92,857 BTC ($1,092,603,640) were sent from an unknown wallet for a fee just of $4 at current market rates. Although the Bitcoin network is well known for its generally low transaction fees, the cost-per-transaction has increased by over 500% in the last month. Bitcoin Block Bot, another whale alert-style Twitter account, reported on June 27 that a 101,857 BTC transaction had moved 0.5% of all Bitcoin currently in circulation, with a total transaction fee cost of around $0.48. Unknown information We do not know who sent these funds, nor …

A group of state-run commercial banks in China are reportedly conducting a large-scale internal testing of a digital wallet designed for China’s national digital currency, the digital yuan. According to an Aug. 5 report by Reuters, the banks are testing the wallet application to transfer money and make payments in China’s central bank digital currency, or CBDC. As reported, the development was initially revealed to China’s state-backed newspaper the 21st Century Business Herald by several employees at involved state banks in cities including Shenzhen. The new development represents another major milestone in China’s progress in adopting the digital yuan and …

Coinbase Wallet, a service of the largest crypto exchange in the United States, now supports “.crypto” domains via an integration with blockchain domain provider Unstoppable Domains. Coinbase users can now send payments to each other by simply typing a .crypto domain instead of using long-form cryptographic addresses, Unstoppable Domains told Cointelegraph on Aug. 5. By introducing the new integration, Coinbase Wallet joins major crypto exchange Huobi, which announced a similar feature in late June. Brad Kam, co-founder of Unstoppable Domains, says that Coinbase Wallet is the first platform to offer an “all in one solution” for all cryptocurrencies offered by …

The boom of the initial coin offerings defined the blockchain industry in 2017 and the first half of 2018 as capital flowed to finance many new projects and the associated services. Ahead of Ethereum’s five year anniversary, Cointelegraph interviewed Kosala Hemachandra, the founder of MyEtherWallet. As he revealed, the surge in activity in 2017 turned the one-man operation — started 10 days after Ethereum’s launch — into a serious software company. MyEtherWallet was at the time among the most popular and user-friendly wallets, and it had complete support for ERC-20 tokens — vital for engaging with ICOs. The most well-known …

In the US alone, over $55m has been stolen through SIM swapping attacks since 2018. NEM, a blockchain-based ecosystem, believes that decentralized apps could provide a meaningful solution to this problem. According to NEM, they’re working with a solution called “FIX Network”, which was established to help mobile subscribers secure private keys and transactions on SIM cards. The network leverages a blockchain-based protocol to support the security and privacy of mobile subscribers, NEM explains: “This unique architecture will allow mobile operators to deliver services such as digital identity management, cryptocurrency wallets, and personal data firewalls, all enabled by the safekeeping …

Unstoppable Domains, a major blockchain domain provider, is hitting another milestone as Winklevoss brothers' Gemini exchange now offers custody for its ".crypto" domains. Starting from July 23, users can store their ".crypto" addresses obtained through Unstoppable Domains with Gemini Custody — a tool that is designed to store crypto assets in a regulated, secure and compliant manner. Domain registrars 101domain and EnCirca are among the first users Registrars of traditional DNS domains are being targeted as top customers of the new service. Providers like 101domain and EnCirca will be the first resellers of the new product, Unstoppable Domains’ co-founder Brad …