Major United States-based firearms marketplace GunBroker.com will integrate a new stablecoin dubbed “FreedomCoin” as a payment method, according to a press release from the coin’s developers, Jan 29. Blockchain startup ICOx Innovations announced the coin today as a “new regulatory compliant corporate currency.” According to the firm’s press release, the token will be used to make purchases on GunBroker.com — reportedly the world’s largest website for hunting and sport shooting firearms. The site has reportedly 4.7 million customers and sees $600 million in transactions annually. FreedomCoin is a stablecoin pegged to the U.S. dollar, which can be stored in an …

French cryptocurrency hardware wallet manufacturer Ledger has released a dedicated mobile app for some of its products, the company confirmed in a blog post Jan. 28. Dubbed Ledger Live, the app previously available for desktop is now available for Android and iOS mobile devices, the company reports. According to the blog post, the app allows users of Ledger Nano X wallets to use their wallet without the need for a cable via their mobile device and a Bluetooth connection. The first incarnation of the app primarily serves Nano X holders, while those with older Nano S or Ledger Blue can …

Major global Bitcoin (BTC) wallet Xapo will relocate key business operations from Hong Kong to Switzerland, according to Swiss news agency Swissinfo on Jan. 21. Speaking at the World Web Forum in Zurich, the wallet’s president Ted Rogers revealed that the main purpose of the move was the search for a better crypto regulatory environment. According to Xapo’s president, Hong Kong used to be thought of as “the holy grail of crypto regulations,” but that in fact the jurisdiction has “become more opaque.” Rogers argued that he always considered Switzerland “the right place” for blockchain and crypto-related projects to flourish, …

Cryptocurrency statistics and wallet provider Blockchain.com announced it had launched partial support for Bitcoin SV (BSV) in a blog post Jan. 22. The product of a contentious hard fork of Bitcoin Cash (BCH), BSV has existed since November 15, 2018, but suffered various technical difficulties in the weeks following its creation. Some wallet providers and exchanges were initially skeptical of the new coin, with major exchange Kraken noting BSV had “many red flags” and “should be seen as an extremely high risk investment.” Blockchain.com, formerly Blockchain.info, confirmed Tuesday that users have some of the same options with BSV as with …

Crypto wallet provider Blockchain.com is seeking to partner with an unnamed stablecoin project by the end of 2019, the firm’s CEO Peter Smith revealed in an interview with crypto news agency The Block Jan. 21. Blockchain.com, which reportedly provides 32 million wallets, with most of them active to date, is allegedly considering listing a stablecoin on its platform. In the interview, the CEO of Blockchain.com stressed that the existing high competition in stablecoins will eventually make the market even more active than it is now. Smith reportedly stated that the firm “will make a move in there soon,” claiming that …

Switzerland-based Falcon Private Bank has introduced support for direct transfers and storage of select cryptocurrencies, according to an official press release published on Jan. 21. The bank announced that both private and institutional investors can now directly transfer a selection of major cryptocurrencies to and from the institution's own “segregated Falcon wallets,” as well as convert crypto into fiat money. To start, Falcon reportedly only supports four major cryptocurrencies, Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC), the press release notes. With the recent move, Falcon claims its has made blockchain assets “fully bankable,” with the select cryptos …

Switzerland-based Cryptocurrency ‘smart card’ wallet manufacturer Tangem has secured $15 million in funding from Japanese finance giant SBI Group, the company confirmed in a press release Jan. 21. Tangem, which began issuing its first wallets in June 2018, aims to increase cryptocurrency adoption by making assets spendable in a manner similar to conventional smart cards often used in transport and loyalty settings. Ticketing and loyalty will now form two of the target industries Tangem hopes to leverage to spread crypto smart cards, according to Tangem’s press release. The company also said it is eyeing initial coin offering (ICO) token distribution, …

Major cryptocurrency payment service provider BitPay has reported $1 billion in transactions this past year, according to a press release Jan. 16. According to the report, the company also set a new record for itself in terms of transaction fee revenue. Among major new customers this past year, BitPay named Dish Networks, HackerOne, and the State of Ohio. BitPay also reported that its B2B business has grown by almost 255 percent from 2017. Despite a massive crypto decline in 2018, BitPay’s CEO and co-founder Stephen Pair argued that the firm saw growth over the year because its product is “cheaper …

Blockchain security firm BitGo has partnered with Bitcoin (BTC) over-the-counter (OTC) trading platform Genesis Global Trading. The partnership intends to allow clients to trade crypto directly from BitGo custody, according to a press release posted today, Jan. 16. Following the recent acquisition of a crypto custodian qualification, BitGo has endeavored to improve its custodial services by protecting clients’ funds through allowing them to trade digital assets without need for withdrawals from hard storage. The new feature enables clients of the BitGo custody service to conduct buy and sell orders directly from the company’s cold storage with no need to manage …

SBI Crypto Investment, a subsidiary of the Japanese financial giant SBI Holdings, has invested in crypto firm Breadwinner AG, Cointelegraph Japan reports on Jan. 15. SBI’s crypto investment fund did not disclose the amount contributed to Switzerland-based Breadwinner, the developer of mobile crypto wallet BRD. According to the announcement, BRD operates in 170 countries and has been downloaded by 1.8 million Android and iOS users. SBI’s Interim results announcement reveals that in the six months that ended Sept. 30, 2018, SBI Holdings registered over 176 million yen in revenue (about $1.6 million). BRD has not responded to Cointelegraph’s request for …

Crypto exchange Seed CX — a Chicago-based licensed platform targeting institutional clients — has launched a digital asset wallet solution with on-chain settlement, according to a press release published Jan. 10. Seed CX has reportedly developed the new wallet solution together with its settlement subsidiary, Zero Hash — a crypto and fiat currency custodian providing on-chain settlement services. Zero Hash reportedly has FinCEN’s regulatory approval to operate as a money transmitter across 25 American states, and is also under review for a prospective BitLicense from the New York State Department of Financial Services (NYDFS). As the press release outlines, Seed …

Bitcoin (BTC) wallet provider Samourai Wallet said it was disabling several security-related features in its products due to notices from Google to block the wallet, according to a Jan. 7. blog post. Samourai, which has aimed to provide a Bitcoin-centric experience through adding enhanced anonymity options and removing references to fiat currency, confirmed it was removing three functions from its wallet in time for its latest update released Tuesday. “Again, we are sorry for this inconvenience, but our hands have been tied by Google,” the blog post reads, adding: “We hope to bring these features back somehow in the future …