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Overstock’s tZERO Subsidiary Rolls Out Android Version of Crypto App

Overstock’s digital currency arm tZERO has released an Android version of its recently launched cryptocurrency mobile application.

Overstock’s digital currency arm tZERO has released an Android version of its recently launched cryptocurrency mobile application, according to a press release published on July 25.

Initially, the tZERO Crypto App rolled out in late June supporting two major coins Bitcoin (BTC) and Ether (ETH), and claiming to be hack-resistant solution for trading and storing cryptocurrencies. The launch of the digital wallet and exchange services app for crypto was coupled with the release of its iOS version.

Per the recent announcement, tZERO utilizes biometric authentication for additional security and also enables investors to use a unique private key recovery system to restore their funds and coins in the event they lose their private keys. TZERO CEO Saum Noursalehi said:

“We are excited to bring our platform to Android users, which we believe will significantly expand our user-base. The accessibility of the tZERO Crypto App is critical in our plan to provide an intuitive trading experience for all digital assets.”

Recently, tZERO appointed three new managers, including Brooke Navarro, Michael Mougias and Alexandra Sotiropoulos, who are now the firm’s head of issuance, head of investor relations and head of communications, respectively.

Earlier in July, tZERO partnered with the producers of a gaming biopic in development — “Atari: Fistful of Quarters” — to tokenize the film. The token is called “Bushnell” and token owners will become shareholders of the project and receive a portion of the movie’s profits as such. Token holders will also apparently be able to vote on the movie trailer and have influence over which actors are hired.

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Opera’s Android Built-In Crypto Wallet Now Supports Bitcoin, Tron

Opera has added support for Bitcoin and Tron blockchain-based tokens to the crypto wallet for Opera for Android (version 53 beta).

Opera has added support for Bitcoin (BTC) and Tron (TRX) blockchain-based tokens to the crypto wallet for Opera for Android (version 53 beta).

In an official blog post published July 10, the internet browser developer revealed that users of Opera for Android can now send and receive BTC, TRX and TRC-10 standard tokens and that webpages can also request and receive addresses for users to complete transactions with BTC.

Opera characterizes this second functionality as “an experimental integration of Web 3” — a term that was initially coined to refer to the ambition to develop a semantic internet, and is increasingly used to refer to the evolution of a more intelligent, open and distributed web, involving the use of blockchain, decentralized computing and cryptocurrencies.

While Opera’s built-in crypto wallet had already supported Ether (ETH) and ERC standard tokens, the company’s blog post implies that bringing bitcoin support to Web 3.0 will encourage the asset to be used not only for speculation and the storage of value, but for payments.

Ahead of the Android launch, Opera had initially launched TRX and TRC-standard token support for its built-in crypto wallet this May.

As Cointelegraph has reported, Opera has incrementally rolled out multiple developments of Web 3.0, wallet and decentralized application (DApps) interactions for its suite of browsers.

In parallel, the firm has continued to explore the development of future blockchain applications within its other products and ecosystem, notably via a partnership with blockchain advisory and financial services firm Ledger Capital.

Other major players in the blockchain-powered smartphone sphere notably include electronics supplier Sirin Labs — which launched its first blockchain-based smartphone last winter, offering a cold-storage crypto wallet and support for encrypted communications.

This spring, consumer electronics giant HTC also rolled out in-wallet cryptocurrency trading for users of its blockchain-powered Exodus 1 smartphone as well as its Exodus 1S smartphone with Bitcoin full node capability.

Just yesterday, South Korean technology giant Samsung — whose new smartphone, the Galaxy S10, includes storage for private cryptocurrency keys — announced the release of its blockchain and DApp Software Development Kit.

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Blockchain Browsers — How DLT Could Affect Web Surfing

iOS also gets a blockchain browser in Opera. Freedom of privacy vs. corporate control: Users have to choose what is more important for them…

The appearance of blockchain technology can be compared with the emergence of internet at the initial stage of its development: Users were cautious about a decentralized system and failed to understand many of its subtleties. But just as firms opened up to the internet, almost all corporations are now working on integrating blockchain into their processes — at least as a trial. And there are some reasons for this trend: With the acceleration of data transfers, globalization and the amount of information, the security questions concerning personal data are becoming more acute for users. 

Personal information, in a way, is becoming valuable — and thus, monetized. Most can recall a series of scandals involving Facebook and Google, which have been plagued by allegations of misusing the data of millions of users. Therefore, the idea of ​​a “Web 3.0,” which would provide people with control over their content and digital identity, is gradually gaining popularity. Traditional internet browsers are still the gateway to internet for users, but will they retain their place in the new order? And what role will blockchain play in the future of internet browsing?

It all started with the notion of ​​decentralization, and Bitcoin became the embodiment of this phenomenon. Cryptocurrencies are designed to preserve the anonymity and financial independence of users. That is why the most active companies are already undertaking cryptographic developments in this area. 

Recently, the Opera browser officially launched a blockchain browser, called Opera Touch, for gadgets operating on Apple’s iOS software, as it was initially available for only PCs and Android devices at the end of 2018. A distinctive feature of the browser is the presence of all the necessary infrastructure to work with the Web 3.0. In particular, the program is equipped with a built-in cryptocurrency wallet and provides support services for decentralized applications (DApps) working on Ethereum. The Opera browser allows users to search blockchain apps via URLs and has a built-in virtual private network (VPN). However, multiple other platforms already have different and established solutions. A representative of the Opera browser, Julia Szynzielorz, explained what Opera Touch can give to its users:

“We believe that the Web of today will be the interface to the decentralized web of tomorrow (Web 3.0). With built-in crypto wallet, the browser has the potential to renew and extend its important role as a tool to access information, make transactions online and manage users’ online identities in a way that gives them more control. That’s why integrated blockchain technologies across our browsers — on Android, iOS (Opera Touch) and in the PC browser which accesses the crypto wallet in one of the mobile browsers.”

She added that blockchain can be used in the new browser not only for saving digital assets but also for helping users to ease their searches on the web, saying:

“Already now, we also have a dapp explorer and Web 3 integration, which means that, using Opera you can browse web 3.0 and use dApps seamlessly, by typing in or searching for their web address, and simply accessing them via the browser.”

Brave browser and BAT reward

The Brave browser was launched in 2015 by co-founder of the Mozilla Project Corporation and JavaScript creator Brendan Eich. It operates on the basis of Google’s Chromium engine and its source code is fully open. The browser removes ad banners and blocks pop-ups. In addition, it is integrated with a system by which users are compensated with BAT coins for watching ads that have passed the browser’s screening. For these purposes, a crypto wallet is integrated into the browser. In August 2018, the browser boasted on its Twitter page that, in just four months after its launch, the number of downloads of its app in the Google Play Store has doubled and exceeded 10 million downloads: 

“Thrilled that Brave for Android now has over 10 million downloads! For privacy and safer privacy protection!”

According to its developers, in January 2019, the number of users exceeded 5.5 million people. 

Brave is constantly growing and cooperates with different partners. The company has collaborated with the Dow Jones Media Group to test the usage of blockchain technology in digital publishing, and has established partnerships with Townsquare Media to monetize ad-blocking traffic and test digital advertising solutions on the BAT platform.

In September 2018, the company entered into an agreement with the search engine Quantum, which is the default search engine of Brave in France and Germany.

In December 2018, Brave joined the AdLedger blockchain consortium with Publicis, Omnicom, IPG Reprise Digital, GroupM, MadHive, Coindesk, Meredith, TEGNA and IBM to reform the future of digital advertising.

At the same time, in December, an agreement was made with the Taiwanese smartphone manufacturer HTC. Brave will be the default browser for the HTC Exodus, the world’s first integrated blockchain phone for decentralized applications.

The program is now available as a mobile app for iOS and Android, and there are also versions for Windows, MacOS and Linux. In addition to the crypto wallet, the browser has a built-in VPN service, an integrated Tor browser and a Bitcoin micropay system.

Anonymous orchid

The American blockchain startup Orchid Labs has been developing an anonymous browser since 2017, which could become an alternative to Tor and VPNs. According to data published on the website of the U.S. Securities and Exchange Commission (SEC), the company has already managed to raise more than $43 million of the planned $125.5 million. 

Orchid’s main goal is to provide anonymous internet access for people all over the world, especially in regions and countries with excessive government censorship. In addition, the Orchid solution will allow internet service providers and users to exchange the Orchid coins. According to Stephen Waterhouse, co-founder and CEO of Orchid Labs, thanks to micropayments in the Ethereum blockchain, the Orchid network will be completely decentralized, unlike a VPN.

Open-source Beaker browser

One of the most recent examples of decentralized browsers is the open-source P2P browser Beaker. It was developed in 2018 in partnership with the team that supports the Dat Project and is based on Dat’s P2P protocol. The goal of the project is to provide the ability to create and host websites directly in the browser. To do this, a local folder should be created and shared through a corresponding URL.

Beaker allows visitors to copy their files into local folders that will appear as a torrent. Files will be transported with the P2P network instead of being locked away on a server, so everyone could explore all the files that make up a website or app. For a local copy, users can make forks and implement changes. The team behind the project also decided to link it with the real world, using its own Hashbase cloud service. This allows users to maintain constant access to Dat sites, even when its local copies are offline. Beaker does not offer the so-called “browsing privacy” — as all URL owners see the devices that hosts it or try to access it. One of the key features of Beaker is the secure file sharing using the Dat protocol.

And what about Google and Mozilla?

Google is working on a blockchain-based technology aimed at developing and supporting cloud business and a number of other projects, including plans to use blockchain to improve the security of user data storage — however, the company is not in any hurry to share the details regarding its blockchain products. Mozilla seems to be following a similar plan, as — for the moment — the browser supports plug-ins for the privacy and security of users, but no further information has been disclosed. In particular, Firefox blocks website owners from tracking the digital fingerprints of user devices, as well as scripts for the hidden mining of cryptocurrencies. The plan to introduce additional protection measures was announced in August 2018, but the use of blockchain has still not been mentioned.

Chrome vs. Brave

There are several key differences between the two types of browsers, perhaps best seen through the comparison of Chrome and Brave. The Chrome browser forces the user to confirm its account in order to make use of Google services, such as Google Docs or Gmail. This allows Chrome to collect and use the data of its users to synchronize with other devices, on which the browser and other Google services are also installed. Earlier, this required user consent; now, the corporation does it by default. This rule change was noted by cryptographer Matthew Green, who is a developer of the  Zcash anonymous cryptocurrency. In his blog, Matthew Green wrote that he was very worried about Google’s policy:

“If you didn’t respect my lack of consent on the biggest user-facing privacy option in Chrome (and didn’t even notify me that you had stopped respecting it!) why should I trust any other consent option you give me? What stops you from changing your mind on that option in a few months, when we’ve all stopped paying attention?”

Such an evolution of Google’s data protection policy opens the door for browsers such as Brave to protect the privacy of users. Brave also blocks advertisements by default and does not collect information about its users browsing history, which would usually be used for context advertising. Intead, it gives advertising content creators a larger share of its revenues. Users have an option in the browser’s settings to agree to view the displayed ads, for which they receive BAT tokens.

Speaking of efficiency, browsers always deliver obstacles, as most of the available test programs cannot be tied to real-world tasks. However, after conducting several tests, the Brave team claims its solution is significantly faster than Chrome. But Brave still has a number of significant problems: For example, some sites perceive Brave users as bots. Most likely, this is due to the function of tracker-blocking. Also, users regularly encounter additional security checks in comparison to when using Chrome.

Future for new browsers or not?

The era of the Web 3.0 promises to significantly change users’ experience. However, there are many unknown variables in this story: How will internet technologies like Big Data and artificial intelligence play a part? How exactly will the transition to decentralized data storage and processing occur? What will DApps’ structure look like and what role will browsers play in it?

At the moment, the so-called Web 3.0 browsers are hybrid structures, which are based on the software we are used to — but with the addition of extensions that support decentralized apps and crypto wallets. And this postpones the “third coming” of the internet.

Thus, various platforms and services can be developed on the basis of blockchain, and their potential could lure users from centralized companies — and possibly completely replace the services of major technology giants in the future.

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Opera Releases iOS Version of its ‘Blockchain-Ready’ Mobile Web Browser

Opera has released the iOS version of its Ethereum-friendly mobile browser, with an Ethereum wallet and support for Ethereum-based dApps.

Norway-based internet browser company Opera has launched the iOS version of its mobile web browser, Opera Touch, according to a press release shared with Cointelegraph.

Opera Touch reportedly supports the Ethereum (ETH) protocol and the Ethereum Web3 application programming interface (API). This means that the browser accommodates Ethereum-based decentralized applications (DApps) and all ERC-20 tokens, stablecoins, and non-fungible tokens (NFTs). The browser also is said to feature a cryptocurrency wallet for storing Ether, the “Opera Crypto Wallet.”

Opera released the Android version of its mobile browser at the end of 2018, which offers these same Ethereum-related capabilities. Opera Touch, however, purports to be the first mobile browser on iOS with ‘Web 3’ support and a crypto wallet

The Head of Crypto at Opera browsers, Charles Hamel, commented on the release of Opera’s latest browser iteration, saying:

“We believe that all modern browsers should integrate a crypto wallet. This will enable new business models to emerge on the web. Opera is the first browser to make using crypto on the Web seamless and easy. Following a strong demand from the crypto- community, we are now making this experience available on iOS.”

For this new release, Opera says it has partnered with the crypto collectible dApp “Marble.Cards.” This application reportedly turns website URLs into unique collectible cards that are registered as NFTs on the Ethereum blockchain.

As previously reported by Cointelegraph, a crypto collectible released in a promotional auction for the blockchain-based game “F1 Delta Time” sold in May for 415.9 ETH—$110,600 at the time of the sale.

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Oxfam Partners With Tech Firms to Test Dai’s Use in Disaster Aid

Oxfam has partnered with Australian tech startup Sempo and blockchain company ConsenSys to test stablecoin Dai’s ability to provide aid in regions struck by natural disasters.

International charity organization Oxfam has partnered with Australian tech startup Sempo and blockchain company ConsenSys to test stablecoin Dai’s (DAI) suitability for aid in regions suffering from natural disasters, local news outlet Micky reported on June 17.

The parties launched a philanthropic initiative dubbed UnBlocked Cash with the support of the Australian Government. To test the system, Sempo and Oxfam chose purportedly the world’s most natural disaster-prone country, Vanuatu.

During the trial, 200 residents of the island Efate were given tap and pay cards containing around 400 vatu each ($50 at press time) connected to an Ethereum (ETH) address credited by Oxfam with $50 worth of Dai. 34 local vendors were provided with Android smartphones to be able to accept payments.

Sempo co-founder Nick Williams claimed that this is the first time a non-governmental organization (NGO) has used a stablecoin to provide ain anywhere, and also said that this is not a one-off pilot as the company believes that stablecoins can completely change the way of aid delivery. Sandra Hart, the Unblocked Project lead at Oxfam in Vanuatu, said:

“For the first time ever, thanks to the use of a stablecoin, we now have end-to-end transparency, ensuring that the people who receive funds are the ones that need it. It’s a game changer for Oxfam that ultimately makes our work easier and more effective.”

Last November, Oxfam launched its BlocRice blockchain supply chain solution for rice. BlocRice, which aims to use smart contracts to provide transparency and security between rice growers in Cambodia and purchasers in the Netherlands, has been under development and should purportedly expand to 5,000 farms by 2022.

At press time, Dai — which is pegged to the United States dollar — is ranked 87th on CoinMarketCap’s list of cryptocurrencies. Dai is currently trading at $1, having gained 0.54% over the past day. The stablecoin’s market capitalization is around $85.6 million, while its daily trading volume is around $19.8 million as of press time.

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Report: Android Phishing Malware Impersonates Turkish Cryptocurrency Exchange

New Android malware sidesteps Google’s SMS permissions restrictions to get hold of two-factor authentication codes received via SMS.

The cybersecurity company behind major antivirus software NOD32, ESET, reported on June 17 that new Android malware sidesteps Google’s SMS permissions restrictions to get hold of two-factor authentication (2FA) codes received via SMS.

Per the report, some malicious apps are capable of accessing one-time-passwords sent to users via SMS by circumventing the restrictions recently implemented by Google. Furthermore, the same technique reportedly also allows for accessing email-based codes.

According to the author, the apps in question impersonate Turkish cryptocurrency exchange BtcTurk and phish for login details to the service. The malware, “instead of intercepting SMS messages to bypass 2FA protection on users’ accounts and transactions, these malicious apps take the OTP from notifications appearing on the compromised device’s display.” The app also takes measures to prevent the user from noticing the ongoing attack:

“Besides reading the 2FA notifications, the apps can also dismiss them to prevent victims from noticing fraudulent transactions happening.”

The first app to act as such was uploaded onto Google’s Play Store on June 7 under the name BTCTurk Pro Beta by developer account BTCTurk Pro Beta and has been installed by over 50 users before ESET allegedly reported it to Google. After this first instance, another two versions of the app were uploaded and then subsequently removed from the store.

As Cointelegraph reported earlier this month, peer-to-peer (P2P) cryptocurrency exchange BitMEX has reported an influx of attacks on user account credentials. In a message to clients, the exchange stressed the importance of property security measures

Also in June, cyber security researchers found a Trojan-spreading website masquerading as that of Cryptohopper, a site where users can program tools for automated cryptocurrency trading.

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Crypto Exchange With 2 Million Users Launches Apps for Apple and Android Devices

A crypto exchange with more than 2 million users has launched apps for Android and iOS — and now plans to become a major player in the pan-Asian region.

crypto exchange that claims it has amassed more than 2 million registered users in the space of four months has released new apps for Android and Apple smartphones.

As well as supporting transactions in a multitude of cryptocurrencies, Bitsdaq says its app offers real-time updates on movements in the markets — and enables users to make withdrawals and deposits quickly. The software is currently available in English, simplified Chinese and traditional Chinese.

With the crypto exchange market growing increasingly congested, Bitsdaq says many platforms have been suffering from poor levels of platform security, inefficient liquidity, disappointing customer service and low internationalization — putting consumers at risk of losing their hard-earned assets.

The company has the aspiration of becoming the best exchange in the pan-Asian region, boasting features including margin trading, futures, spot trading and anonymous instant exchange. Bitsdaq notes it “has hundreds of coins listed now.”

According to the team, it has a thriving community of more than 100,000 on Telegram — and the exchange claims that the web traffic it receives is healthy, too. It cites SimilarWeb data suggesting that its service attracts 11.4 million monthly visits — putting it in third place compared with Binance and Coinbase.

Partnerships and launches

In recent weeks, Bitsdaq has unveiled a series of strategic partnerships designed to expand the ways its community can use their cryptocurrencies. One such development came in May, when the exchange struck an agreement with Spend.com. The alliance means that Bitsdaq users can now acquire a virtual Visa card that enables them to spend their crypto at millions of destinations worldwide, including anywhere where Google Pay and Apple Pay are accepted.

Bitsdaq is available here

Ricky Ng, the founder and CEO of Bitsdaq, said at the time, “This partnership will combine the strengths of Bitsdaq’s exchange infrastructure including user resource, cutting edge tech on blockchain and industrial scale production capacity worldwide, especially in Asia.”

Another strategic partnership saw Bitsdaq receive investment from the United States-based Consensus FinTech Group. The company believes that this tie-up will “create a major competitive advantage in the market” and unlock new opportunities for investors, entrepreneurs and developers alike — representing another milestone in its goal to enhance liquidity and make the cryptocurrency ecosystem more mature.

Moreover, at the beginning of May, the team established a strategic partnership with NGC, a Shanghai- and Singapore-based for-profit licensed fund management company.

At the same time, Bitsdaq was listed on the Chinese currency market and information platform MyToken.

Helping crypto startups

This all comes as Bitsdaq prepares for the first project to debut on its Launchpad service. Known as BQQQ, the company’s native token will serve as a trading pair against other cryptocurrencies, the team says. The company claims BQQQ will become “one of the vital cryptocurrencies for initial exchange offerings (IEOs) of small and medium-sized blockchain startups” — adding that those who hold this token will get priority access when new projects launch. The team notes that users will be able to subscribe to the BQQQ IEO on Bitsdaq Launchpad from June 9 to June 11.

According to Bitsdaq, Launchpad has already attracted significant levels of attention in the marketplace, with “hundreds of projects” reportedly applying for the opportunity to hold their IEO on the platform.

Setting out its vision in a recent white paper, Bitsdaq said, “We aim to be the pioneer that’s leading the blockchain industry to the next generation with our well-rounded IEO service platform.”

Ricky Ng, who founded Bitsdaq last year, is a serial entrepreneur who co-founded a digital advertising company listed on America’s Nasdaq exchange. He is also the chairman and founder of i-House.com, billed as one of the first blockchain real estate platforms in the world.

Learn more about Bitsdaq

Disclaimer. Cointelegraph does not endorse any content or product on this page. While we aim at providing you all important information that we could obtain, readers should do their own research before taking any actions related to the company and carry full responsibility for their decisions, nor this article can be considered as an investment advice.

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Samsung’s Budget Smartphones Will Reportedly Have Cryptocurrency and Blockchain Features

Budget smartphones released by South Korean consumer electronics giant Samsung will reportedly feature crypto and blockchain features.

Budget smartphones released by South Korean consumer electronics giant Samsung will reportedly feature cryptocurrency and blockchain features, local English-language local media Business Korea reports on May 14.

Per the report, the crypto and blockchain-related functionality included in the Samsung S10 will be included in other Galaxy smartphone models. The electronics producer also reportedly plans to cooperate with telecommunications companies on blockchain-based mobile identification cards and local currencies.

Chae Won-Cheol, senior managing director of the product strategy team at Samsung Electronics’ Wireless Business Division, reportedly said:

“We will lower barriers to new experiences by gradually expanding the number of Galaxy models that support blockchain functions. We will also expand our service target countries after Korea, the United States and Canada.”

As Cointelegraph reported at the end of February, the new Galaxy S10 series smartphones released by South Korean tech giant Samsung will apparently have wallet functions for ether (ETH), bitcoin (BTC) and two other tokens.

At the end of April, an anonymous source told to a crypto industry news outlet Samsung may end up developing a public-private blockchain complete with its own token.

And this week, HTC also announced a low-cost version of its blockchain smartphone would appear around Q3 2019 with a full BTC node, as well as in-wallet ERC-20 token swaps.

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Coinbase-Backed Stablecoin Startup Reserve to Launch ‘Venmo Style App’ in Venezuela

Stablecoin project Reserve announced that it will launch a Venmo-like payments app in Venezuela and Angola.

Stablecoin project Reserve announced that it will launch a crypto-fiat payments app in Venezuela and Angola in a press release shared with Cointelegraph on May 12. In the same announcement, the firm revealed that it is listing its separate utility token, Reserve Rights (RSR), on major exchange Huobi Global’s token sale platform, Houbi Prime.

Per the press release, the project’s stablecoin app — to be launched for Android users via Google Play “in the coming weeks” — will enable people and businesses to switch back and forth from their local fiat currency to the firm’s stablecoin, the Reserve Dollar (RSD). According to the announcement, RSD is a decentralized, United States dollar-pegged cryptocurrency.

Nevin Freeman, co-founder and CEO of Reserve, told Cointelegraph that the reason the app is launching in Venezuela in particular is linked to the extreme level of inflation in the country, noting:

“A lot of people, including some of our investors, discouraged us from starting in Venezuela. [..] The hyperinflation there is the exact problem that Reserve is built to fix, and Venezuela is suffering the most inflation of anywhere in the world right now, so we felt that it had to be done.”

The press release claims that there are currently 16 countries with annual inflation greater than 20%, but that the situation in Venezuela is particularly troubling, with the Venezuelan bolivar losing nearly 10% of its value every day.

As Cointelegraph reported in February, the deepening of the country’s currency crisis has seen increased use of bitcoin (BTC) and other cryptocurrencies in the region. Near the end of December, dash (DASH) celebrated the 2,500th merchant in Venezuela to accept the coin as payment. Back in August 2018, it could boast of only 1,000 merchants that accepted the crypto.

Reserve also reported that it has landed a partnership in Angola with 7Mobile Africa — reportedly the largest mobile importer in the country — to pre-load the app on all its shipped smartphones.

As Cointelegraph reported in June last year, in addition to Coinbase, the project has received backing from major venture capital names, such as Peter Thiel, Sam Altman, Digital Currency Group, Arrington XRP Capital, Distributed Global and GSR.IO, among others.

Huobi is currently the world’s 9th largest crypto exchange by adjusted daily trade volumes, seeing over $2 billion in trades on the day to press time.

In February news broke that the Venezuelan government had introduced regulations for crypto remittances within the country. According to the new requirements, the state has set out monthly limits and commissions, payable to the National Superintendency of Crypto Assets and Related Activities, on cryptocurrency remittances.