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Stockholm-based digital gift cards and mobile phone refill provider Bitrefill raised $2 million in a seed round led by Coin Ninja. Swedish crypto-powered mobile refill service Bitrefill has closed a seed round of $2 million to expand its services, crypto media outlet The Block reports on June 13. The Stockholm-based company offers mobile service top-ups in bitcoin (BTC), enabling users to recharge their mobile subscriptions using the major cryptocurrency. Following the new funding round, led by United States-based bitcoin startup Coin Ninja, Bitrefill is reportedly planning to expand its services outside the U.S. and Europe, as well as launch new products. In March 2019, Bitrefill enabled crypto payments for reservations on popular accommodation booking service Airbnb, allowing users to pay for bookings in bitcoin, as well as ether (ETH), litecoin (LTC), dogecoin (DOGE), and dash (DASH). In April, Bitrefill launched an experimental service to facilitate payment process channels on..
Securities services provider ABN AMRO Clearing will provide European mobile investment platform BUX with blockchain solutions. Global securities services provider ABN AMRO Clearing has signed a contract to provide European mobile investment platform BUX with blockchain technology for a forthcoming commission-free stock trading mobile app. The news was revealed in a BUX news release on May 29. According to the news release, ABN AMRO Clearing processed 3.79 billion trades in 2018, and reportedly consistently ranks as a top three clearer for listed derivatives and cash securities, OTC products, warrants, commodities and FX across the majority of time zones. BUX’s new app, dubbed STOCKS, is slated for launch in summer 2019 first in the Netherlands and Germany, followed by a planned Europe-wide rollout in the coming year. After a reportedly successful pilot, BUX is set to leverage two key solutions from ABN AMRO Clearing for STOCKS. First, STOCKS clients’ funds will be held by ABN AMRO C..
sponsored A social commerce tech platform used by famous companies has launched a wallet that enables consumers to buy products from 30,000 outlets. A social commerce technology platform has launched a new wallet that enables consumers to buy real-life products from more than 30,000 points of sale globally. Jet8 says its new wallet is a “connect and transact hub,” giving its community a safe way to store their tokens, earn rewards and send funds to their friends. According to the fintech company, one of the wallet’s most distinctive features gives users the ability to purchase mobile data in any country worldwide — giving them instant access to mobile network connectivity wherever they are. A large network of retailers already accepts the Jet8 Wallet, including big brands such as 7-Eleven in the Philippines, Circle K in Vietnam and other large retailers in Indonesia, India and South Africa. The founder of Jet8, Victor Zabrockis, told Cointelegraph: “Our mission is to connect thousand..
sponsored A mobile decentralized exchange says it is tackling three issues seen in its centralized rivals: the risk of hacking, high fees and price volatility. A crypto company is launching “one of the first inter-blockchain, mobile decentralized exchanges” on April 23 — and says its platform is going to solve major problems currently seen in its centralized counterparts. According to the SovereignWallet Network, M.DEX is designed to address three key issues that have been having a detrimental effect on the usability and security of crypto transactions, for experienced consumers as well as newcomers. The first concerns the high risk of hacking associated with centralized exchanges. SovereignWallet says many of these rivals regularly perform virtual trading on their own databases to enhance transaction speeds and reduce fees, even though “it is almost impossible to prevent hacking.” M.DEX takes a different approach by ensuring that it does not take custody of a user’s asset at any tim..
CoinMarketCap’s new mobile app versions will allow for price tracking and setting price alerts. Crypto data tracker CoinMarketCap has released a new version of its app for iOS and its first Android app today, April 16, with added features for price tracking and user accounts. According to the website, the mobile app will include candlestick charts, daily historical open-high-low-close chart data and the option for setting price alerts on all cryptocurrencies available on CoinMarketCap. In order to use the app, users will have to make a CoinMarketCap account and log in. The app will also allow users to follow news from various media outlets, as well as compare cryptocurrency prices with other cryptos. Last August, CoinMarketCap had launched a professional, paid API targeting developers and funds, which tracks crypto-based derivatives markets, with support for futures, options and over-the-counter exchanges for a monthly fee. In March, the crypto data tracker announced that they would b..
Financial services provider Western Union is partnering with Stellar collaborator Thunes to enable WU clients to transfer funds directly to mobile wallets globally. Payments giant Western Union (WU) is partnering with Stellar (XLM) collaborator Thunes to enable WU clients to transfer funds directly to mobile wallets globally. The development was announced in an official press release published on March 21. Thunes is the latterly rebranded trading name of TransferTo — a cross-border payments network focused on emerging markets. TransferTo had previously partnered with open source blockchain project Stellar to trial the integration of blockchain-powered settlements into its services. According to Western Union’s press release, the partnership with Thunes will focus on enabling the use of WU’s digital network or WU agent locations to transfer funds directly to recipients' mobile wallets. Western Union emphasizes that this expanded functionality aims to drive financial inclusion glob..
Denver, the capital of Colorado, will provide the option to vote on a blockchain-based mobile app in this spring’s municipal elections. The capital and most populous city in the United States state of Colorado, Denver, will use a smartphone app based on blockchain technology for casting municipal election this May, PR Newswire reports Thursday, March 7. According to the announcement, the City and County of Denver will implement a mobile voting platform backed with blockchain tech targeting the “active-duty military, their eligible dependents and overseas voters,” who will be able to use their smartphones to participate in the Denver municipal elections. As the article states: “Eligible voters will be able to participate in the upcoming election by opting in to vote electronically on their smartphones. Voters will fill out an absentee ballot request, complete their authentication with the [...] application, and submit their ballot for the election.” To achieve this goal, the City and C..
U.S. crypto exchange Coinbase has extended support for XRP to Coinbase.com and its Android and iOS apps. United States major cryptocurrency exchange Coinbase has added support for Ripple (XRP) to its retail platform and mobile apps. The exchange announced the development in a blog post on Feb. 28. The announcement states that Coinbase’s users can now purchase, sell, convert, send, receive, and store XRP both on Coinbase.com and the Coinbase Android and iOS apps. As usual, the service will reportedly be available for most jurisdictions, however it will not initially be available for residents of the United Kingdom and the U.S. state of New York. On Feb. 25, Coinbase announced support for XRP on its Coinbase Pro platform. In the announcement, Coinbase stated that full trading of XRP will be available to customers in the U.S., Canada, the European Union, the United Kingdom, Singapore and Australia, while also planning to expand its services to other countries at a later date. Following t..
sponsored A mobile fighting game is ready to integrate a new system that allows users to create and manage non-fungible tokens through the browser and have them synchronized on different blockchains. Estonian game developer Ether Dale is ready to implement its new system — dubbed “Side-chain 2.0” — to its multi-blockchain mobile game Glitch Goons. The company says its aim is to build a platform on which people who are not familiar with blockchain can easily create, trade and exchange non-fungible tokens (NFTs). Easy way to non-fungible tokensGlitch Goons is a player-versus-player (PvP) automatic game where cybernetic animal-humanoids battle with each other to get resources and power in a futuristic, post-apocalyptic world. Now, the developer is planning to implement its own Side-chain 2.0 with new features. The new system will allow for generating free, scalable, and user-oriented decentralized applications (DApps) and games that can be used by people who are not familiar with the bl..
Cashfree, a mobile payment app, is set to take the fintech world by storm. The Cashfree app simplifies the lives of everyone in the local community, eliminating the burden of carrying cash, slow payments and the hassle of dealing with third party service providers and card terminals. Disruption is rife within the fintech world and Cashfree’s simple QR code payment solution is an example of a flexible, innovative company offering an alternative to the big players who dominate the market today. Cashfree reduces financial risk for merchants and consumers and removes the need for middlemen for a simple transaction. Merchants can accept payments directly from the consumers’ bank account, meaning the cost per transaction is significantly reduced. This will result in more pricing power for local stores that are too small to bargain for lower payment fees with the likes of Visa and Mastercard, maximizing the value kept within local communities. Peter Op de Beeck, CEO, and founder of Cashfree, ..