Applications news-Page 4
AppSwarm’s DOGE division calls for a global dev teams to build off Dogecoin
A Dogecoin (DOGE)-focused division of publicly traded over-the-counter software firm AppSwarm is looking to bring together global development teams to build off of the Dogecoin blockchain. DogeLabs — a newly launched division of AppSwarm’s blockchain research lab, TulsaLabs — announced Wednesday a new initiative calling on DevOps teams to unite their efforts in building a “sort of decentralized network” of DOGE developers across the globe. “These teams would share ideas and provide support for Doge based applications for both commercial and possible larger enterprises within their local jurisdictions under the DogeLabs network,” DogeLabs said in the announcement. “For now it …
Blockchain / May 13, 2021
Revolut app announces Bitcoin withdrawals… within limits
Europe’s leading financial app Revolut has finally enabled Bitcoin withdrawals four years after it first provided crypto trading services to some users, and a year after it extended trading to all 7 million users worldwide. Revolut first added Bitcoin, Litecoin, and Ethereum trading for premium users back in 2017, however they have only been able to withdraw it as fiat until now. The financial tech firm announced today the beta launch of Bitcoin withdrawals with exclusive access first given to its U.K.-based top-tier Metal customers. Revolut also plans to roll out withdrawals worldwide — it has users in the U.S., …
Business / May 6, 2021
Square’s Cash App raises minimum Bitcoin withdrawal to 0.001 BTC
Square's Cash App, a Bitcoin-friendly mobile payments platform, has raised its minimum withdrawal requirements for BTC holders. The minimum withdrawal amount for Bitcoin accounts is now 0.001 BTC, or 100,000 satoshis, compared with 0.0001 BTC, or 10,000 satoshis, previously. With Bitcoin hovering around $51,800, 0.001 BTC is equivalent to $51.80. The leading cryptocurrency was in the midst of another large correction on Thursday, having fallen 6%. Bitcoin is down over 19% over the past seven days, according to CoinMarketCap data. “You must have a balance of at least 0.001 bitcoin to make a withdrawal,” reads Cash App’s withdrawal instructions. Users …
Bitcoin / April 22, 2021
Trading apps usurp TikTok in popularity
Two trading apps have risen to the top of Apple's App Store in recent days. Robinhood holds the number one position, with Coinbase in second, at the time of publication on Friday. In third: popular social media platform TikTok. YouTube, Instagram and Snapchat hold the fourth, fifth and sixth positions, respectively. One possible conclusion is that folks are now more interested in swapping crypto and financial assets than they are in interacting on various social media platforms — a conclusion noted by CNBC in an article on Friday. Robinhood saw significant coverage in January when the company halted purchases of …
Business / April 16, 2021
Bakkt launches payments app as institutions compete for crypto assets
Major financial institutions are expanding their cryptocurrency services, with Bakkt launching its digital asset payments application for the general public. Bakkt was launched by Intercontinental Exchange in 2018, with the firm offering Bitcoin futures contracts to accredited investors exclusively. The Bakkt App is the firm’s first retail-facing crypto initiative. Bakkt’s app was trialed by 500,000 users invited to participate in its Early Access Program in late 2020. The firm is also conducting a $1 million giveaway to encourage people to download the platform. Launched on March 30, the payments app allows users to manage Bitcoin and other digital assets, including …
Business / April 1, 2021
iPhone user blames Apple for $600K Bitcoin theft via fake app
A scam cryptocurrency app on Apple’s app distribution service App Store has reportedly stolen $600,000 Bitcoin (BTC) from one iOS user. Cryptocurrency holder Phillipe Christodoulou fell victim to a scam app on the App Store, losing nearly all his life savings to a fake crypto wallet application, The Washington Post reports Tuesday. Christodoulou went on the App Store last month to search for a mobile Trezor app to check his Bitcoin balance via phone. Unaware that Trezor does not currently provide an iOS app, Christodoulou downloaded a doppelgänger Trezor application that boasted close to five stars, giving the impression that …
Bitcoin / March 31, 2021
Partly cloudy: How blockchain can become a force of nature
On Jan. 3, 2009, Satoshi Nakamoto mined the Bitcoin genesis block and launched the largest technological gold rush of the century. Bitcoin (BTC) was at once a software, a “protocol,” a network, a development team and a new thing called cryptocurrency. Simultaneously, cloud technology proved that abstractions and application programming interfaces could facilitate explosive scalability and product agility, removing all of the distractions that were prevalent in 90% of any application’s technology stack. Despite the onset of dozens of competitors that have appeared since Bitcoin’s inception, almost all have been vertically integrated and none have resulted in the same changes …
Adoption / March 9, 2021
Inside the blockchain developer’s mind: Koinos approaches testnet
Cointelegraph is following the development of an entirely new blockchain from inception to mainnet and beyond through its series, Inside the Blockchain Developer’s Mind. In Part Four, Andrew Levine of Koinos Group discusses some of the challenges the team has faced since identifying the key issues they intend to solve. Earlier in this series I outlined three of the “crises” that are holding back blockchain adoption; upgradeability, scalability, and governance. In this post I will summarize the solutions we’ve developed to these problems, which we will be showcasing in the upcoming Koinos testnet planned for the second quarter of 2021. …
Decentralization / Feb. 25, 2021
Coinsquare launches Quick Trade mobile app with instant funding
Coinsquare, the Toronto-based digital currency platform, has announced a new mobile trading application designed to simplify the buying and selling of cryptocurrencies in Canada. Quick Trade was officially unveiled Monday, allowing commission-free transactions of Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and Bitcoin Cash (BTC). A total of 15 trading pairs are available at launch, with “many more digital assets to be onboarded over the coming months,” the company said. The app is available on Android and Apple devices alongside Coinsquare’s existing mobile application, which is an extension of its web-based trading platform. In addition to commission-free trades, the new app …
Business / Feb. 8, 2021
Google reportedly scraps thousands of negative Robinhood reviews
Google has reportedly deleted thousands of negative reviews of Robinhood on the Google Play Store after the platform suspended trading of several skyrocketing stocks like GameStop, multiple sources claim. Financial analyst Mr. Whale reported on Jan. 28 that Google removed as many as 120,000 negative reviews of Robinhood, pushing the app’s rating from one star to about four stars. Google just removed over 120,000 negative reviews of RobinHood on the App Store. Screenshot is noon, and now pic.twitter.com/BjaXIEWhiD — Mr. Whale (@CryptoWhale) January 29, 2021 Google reportedly confirmed the massive removals to tech news publication The Verge, claiming that the …
Trading / Jan. 29, 2021
Injecting Apple-like ‘quality-control’ into DeFi is what we need
If you’re an Apple App Store user, then you’re probably aware of the recent legal drama surrounding the updates to the App Store guidelines. It’s a reasonably open secret that the App Store is designed to be at its core, more difficult for app developers to deploy their apps on than competitors' offerings, pushing for a “quality over quantity” environment to protect its user base. With this push by Apple, we have just witnessed with the hammer coming down on the conservative social media app Parler following in the footsteps of Twitter and Facebook permanently banning former-U.S. President Donald Trump …
Technology / Jan. 26, 2021
ConsenSys partners with China’s Blockchain-based Service Network
ConsenSys, one of the world’s largest blockchain software companies, has partnered with the Blockchain-based Service Network, a Chinese government-backed nationwide blockchain project, As part of the partnership, ConsenSys’ Ethereum-based distributed ledger protocol, ConsenSys Quorum, will be featured in the BSN ecosystem, the firm announced on Monday. The protocol will be available in 80 different cities through the BSN’s public city nodes across mainland China. ConsenSys director Charles d’Haussy told Cointelegraph that ConsenSys Quorum will be available in all major cities and provinces, including Beijing, Xiong’an and Hangzhou. ConsenSys’ GoQuorum — an open-source Ethereum client and part of ConsenSys Quorum — …
Blockchain / Jan. 25, 2021