South Korean electronics giant LG is working with blockchain developers to launch a rival to Samsung’s Klaytn blockchain smartphone, sources have said. LG in talks with local developers Speaking to local daily news outlet Chosun on Sept. 8, an industry insider said LG had already held discussions with local decentralized application (DApp) developers and had worked out a use case for its future product. “LG is likely to respond to Samsung's innovation initiative,” he told the publication. The news comes a week after reports Korean messaging service Kakao Corp. was preparing to roll out blockchain capabilities on the Samsung’s forthcoming …

Finney, the world’s purportedly first blockchain-enabled smartphone, will soon be available for purchase in Bangladesh. According to a report by local newspaper The Daily Star on Sept. 9, the Bangladesh Telecommunication Regulatory Commission approved the phone for import in August and it will be available on the Bangladeshi market in October. Mobile Phones in Bangladesh Finney’s launch in Bangladesh comes amid a trend of growing smartphone ownership in the country. According to a 2018 report from global research firm GSMA Intelligence, by 2025, 75% of the population (138 million) will have smartphones, while 41% (73 million) will be mobile internet …

South Korean tech giant Kakao Corp. will issue its affiliate cryptocurrency, KLAY, direct to Samsung smartphone users. According to the Wall Street Journal (WSJ) citing people familiar with the plans on Sept. 5, the latest edition of Samsung’s new Galaxy Note 10 will feature a cryptocurrency wallet — and free coins. “KlaytnPhone” will come with free crypto KLAY is the in-house token of Klaytn, the blockchain network Kakao revealed in conjunction with its dedicated spin-off, Ground X, in October last year. Speaking to the WSJ, the sources said each edition of Samsung’s Klaytn edition of the Galaxy Note 10 would …

Huobi-invested startup Whole Network plans to launch its blockchain-powered smartphone Acute Angle in Southeast Asia next week. Official launch is imminent The new blockchain phone was already available to some users in China, but the actual launch of Acute Angle is scheduled for next week as part of the sixth Huobi Prime launch, according to a Finance Magnates report on Sept. 3. Priced at around $500, Acute Angle smartphone can be purchased with the exchange’s native Huobi Token (HT). The Acute Angle phone is produced by the Whole Network startup that Huobi invested in. The Whole Network’s NODE token will …

Following integration with major cryptos, South Korean tech giant Samsung has expanded the coins supported by the Galaxy S10 device with three stablecoins. According to a U.today report on Aug. 30, Samsung’s new flagship smartphone now supports three stablecoins, including TrueUSD (TUSD), Maker (MKR) and USD Coin (USDC). 33 cryptos totally supported Additionally, Samsung Galaxy S10 now reportedly supports Basic Attention Token (BAT), a native token by blockchain-based internet browser Brave that is used to reward users for watching ads. The report notes that the digital wallet on Samsung's new phone now supports 33 digital currencies in total, including Bitcoin …

Major phone operator China Telecom has released a white paper on blockchain-powered smartphones in the 5G Era. China Telecom introduced the white paper at the China International Intelligent Industry Expo on Aug. 27, according to a report by local finance news outlet Sina. Existing troubles In the document, China Telecom pointed out the potential benefits of applying blockchain technology to mobile phones, including automation and transaction traceability. According to Sina, China Telecom’s white paper says that people can master their own digital asset in 5G era, while “regardless of data volume, data varieties and data dimensions, data assets will grow …

Major global crypto exchange Binance has got its iOS application listed on the Apple App Store. In a blog post on Aug. 19, the exchange announced that the Binance iOS App (V1.7.1) has returned to the App Store. Prior to the official announcement, Binance CEO Changpeng Zhao revealed the news in a tweet on Aug. 17, stressing that the process of getting listed on the App Store was tough and probably harder than getting listed on Binance, due to a number of rules and procedures. Delay complaints The app’s recent return to the Apple App Store was preceded by a …

South Korean tech conglomerate Samsung has quietly added Bitcoin (BTC) support to its decentralized app store, Blockchain Keystore. According to updated information on the Samsung Developers website, the Keystore now supports Bitcoin as well as Klaytn, the cryptocurrency released by Korean internet giant Kakao. Select devices and jurisdictions As the site outlines, Samsung’s Blockchain Keystore is supported by six of its devices — Galaxy S10e, S10, S10+, S10 5G, Note10 and Note10+ — and across six jurisdictions: Canada, Germany, South Korea, Spain, Switzerland, the United States and the United Kingdom. The Keystore was first released in July of this year …

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South Korean technology behemoth Samsung announced the release of its blockchain and decentralized application (DApp) Software Development Kit (SDK) in a recent post on its website. Per the announcement, the Samsung Blockchain SDK allows for account management and backup, payment and digital signature facilitation, Samsung Keystore and other cold wallet support. The page dedicated to the SDK also explains that it is a superset of all SDKs, including the Samsung Blockchain Keystore SDK. As Cointelegraph reported in February, the new Samsung smartphone, the Galaxy S10, includes storage for private cryptocurrency keys. In May, rumors started circulating that the tech giant …

Despite bitcoin’s (BTC) recent price surge, the download count of cryptocurrency-related mobile applications is not increasing, Bloomberg reports on June 28 Data form mobile app analytics firm App Annie shows that, while in the first half of 2018 there were 65.8 million cryptocurrency-related app downloads, in the first six months of this year there were 67 million, an increase of about 1.82%. This growth is not nearly as sharp as that reported in previous years, considering that the first half of 2017 saw 28.2 million crypto apps downloads from 2016’s 15.3 million, a 45% increase. Apps related to the industry …

tZero, United States retail giant Overstock’s crypto subsidiary, has launched a digital wallet and exchange app for crypto, the company officially announced in a tweet on June 27. The firm calls its new mobile crypto app a hack-resistant solution for trading and storing cryptocurrencies, tZero CEO Saum Noursalehi said in a press release to Reuters. Noursalehi explained that the application will store private keys directly on users’ smartphones, which is expected to provide maximum security, in contrast to “more vulnerable, third-party exchanges for custody.” Moreover, tZero’s private key recovery system will allow users to restore their funds in case if …