EOS Core Arbitration Forum Blocked 27 Cryptocurrency Wallets

eos wallet

The blockchain of EOS is currently discussed even more that Ethereum’s. Not only was its launch delayed and frozen, it also experienced problems after it officially went live. Now, after about a week of operating, the mainnet once again receives a wave of criticism.

The special committee founded by the founders of EOS called Core Arbitration Forum which was created to address and solve the issues with the blockchain released an order for the EOS block generators. The order stated that the transactions with 27 digital wallets should be stopped.

https://twitter.com/ferdousbhai/status/1010206359688753154

The main reason for the EOS users and just interested people to get angry is the absence of any clear explanations of the sudden blocking. Some experts see a tendency in the fact that EOS keeps having problems with its mainnet.

Others believe that EOS does not have the right to be called a decentralized network, since different bodies created to observe it have too much control and remind a real government.

However, there were people who supported EOS. According to them, the frozen 27 wallets were most likely dangerous and involved in some suspicious activity.

Right now everybody is waiting for the official response from the EOS management. As always, we will be monitoring the situation with the mainnet of EOS and reporting about any changes or major events in its operating.

We would like to remind you that EOS became the first digital coin in the Chinese cryptocurrency rating.

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TOP 5 Most Convenient Applications To Use And Work With Cryptocurrency

Cryptocurrency is one of the most promising and growing industries in our modern world. It is becoming more and more valuable to our society, as well as to the nations’ economies and banking systems, since people prefer more convenient ways of trading and transferring money. We therefore offer you to look at top 5 apps that the most convenient in using and working with crypto.

1. Keymano

Keymano is a top wallet that provides a customer with a myriad of opportunities. It’s very convenient, fast and secure. Managing crypto or fiat money through Keymano wallet is easy. Using Keymano wallet anyone can sell, buy or send crypto on the go. It is user-friendly and straightforward.

Connect Keymano Card and Wallet to get even more functions. This Card allows you to make payments online and in-store. Moreover, the user can withdraw cash at any ATM terminal.

Keymano is a fully-featured product which not only simplifies managing crypto but also creates more ways to use it. With Keymano any transaction (from buying coffee to money exchange) is simple and always available in any part of the whole world. Having Keymano you can:

  • pay with crypto in any part of the world;
  • pay with BTC, ETH, etc;
  • manage multiple currencies in one App;
  • pay online or in-store using Keymano Card.

2. 365Сash

365Cash is a platform that provides services to users in different countries by organizing P2P transfers of digital assets. By the time of publication, the platform overcomes 850,000 cryptocurrency swaps. Such a big number extols this platform over others on the market. The service also possesses the following features:

  • Its own large ecosystem which uses nodes for cryptocurrencies and works automatically.
  • The most favorable rates for customers. The service earns on the difference in sales rates due to a large flow of customers and hedging the risks of cryptocurrency fluctuations.
  • Fully automatic system of receiving and paying funds to customers using the most popular payment system in Russia – Qiwi.
  • In future, it is planned to expand the pool of available cryptocurrencies.

3. Quppy 

Quppy is multicurrency payment system with unique cross-platform applications.The wallet provides users the ability to share crypto assets via different accounts inside one single wallet as far as within a decentralized storage system. By the end of the month, users will be able to withdraw money in euro. The platform also have some interesting features:

  • Sharing all your crypto assets through various accounts on one single platform.
  • Superior security for users based on blockchain technology.
  • Fast cryptocurrency exchange and instant transactions;
  • Multicurrency support including Bitcoin, Bitcoin Cash, Litecoin, etc.
  • Integration of Nexo – a service of the world’s fastest instant credit.

4. Chatex

Chatex is a platform that makes transfers, exchanging or paying for goods much more easier for every customer. Cryptobanking facilitates access to the use of cryptocurrency for those who have never had a cryptocurrency wallet and who do not want to understand difficult passwords, 12 words, etc. The service eliminates the possibility of loss of big passwords or phones, since it allows you to regain access during a personal appearance to the certification center. Unique feature are:

  • The wallet is protected by an additional PIN-code and in exchange transactions between people.
  • Instant internal transfers without commissions. Instant purchase with any VISA/MC.
  • Respond quickly to digital assets management requests from your smartphone.

5. Waves

Waves is revolutionary mobile app which enables users to connect to the network and make transactions. It is a comprehensive, all-in-one app for mobile devices with an absolutely unique feature set that includes a crypto wallet, the Waves DEX, and fiat gateway. The biggest advantages of the platform are:

  • All traffic is encrypted, hence privacy and security are fully provided. Private keys never leave users’ smartphone and are never exposed to the web.
  • Supporting Face ID, Touch ID and Fingerprint scanning.
  • Trading on DEX, with the great tools and charts, it provides access to fiat and crypto gateways, so the customer can deposit, store, trade and withdraw other assets.
  • The customer can send tokens to one’s address book contacts, lease one’s WAVES, receive warnings about suspicious tokens and burn any spam assets he/she doesn’t want.

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Samsung Pay Will Or Won’t Add Cryptocurrency: Report

Samsung Electronics Inc. has not even filed an official statement yet, while the South Korean news outlets are already speculating Samsung Pay will integrate crypto in Galaxy S10.

Samsung Pay in Korea

Samsung Pay is a mobile payment service launched by Samsung Electronics in the middle of 2015. In the same year, Samsung Pay bought LoopPay for $250 million which allowed users to process payments on point of sale (PoS) terminals. Moreover, that acquisition helped to invent MST (Magnetic Strip Technology). Later, Samsung Pay announced about launching LoopPay Valet – a low cost contactless payment IoT device.

From 2017 the use of Samsung Pay among the South Korean people has been growing instantly, exceeding 6.6 million users, that is 12% of the whole nation population.

Source: Wiseapp.co.kr

As we can see from the picture above, the most popular app in the South Korea is Youtube. The second place is occupied by Samsung Pay which proves that the power of such application is big in the country.

Many analysts think that if Samsung Pay integrates cryptocurrency inside, that will be a hit.

Samsung Pay’s Crypto Integration

The rumours about Samsung Pay implements crypto wallet in its app started in late January, when The Korea Herald published an article. One month before an official statement, industry sources claimed that Samsung Pay is behind the Galaxy S10’s cryptocurrency wallet, and that it can begin the cryptocurrency adoption in the country.

On March 8, one of the largest mainstream media outlets in South Korea, Donga, published a report  “Crypto, Flying Away With Samsung Pay on its Back?” saying that Samsung Pay allegedly integrate cryptocurrency to expand its user base internationally. It also says that it will strengthen Samsung Pay as a fintech platform. However, there is no official statement of Samsung Electronics regarding this issue.

The report says:

“Samsung Pay has recently extended the transaction period for overseas users and integrated an international payment processing service, aggressively targeting the global financial services market. At this phase of development, if a cryptocurrency wallet is added to Samsung Pay, the application will be strengthened as a complete fintech platform. Currently, the Samsung Blockchain Wallet is said to be supporting Ethereum but more cryptocurrencies are expected to be integrated in the near-term.”

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Will the New Samsung Galaxy 10 Have an Embedded Crypto Wallet?

As we mentioned in an article of ours, there were rumors about Samsung’s flagman, Galaxy 10, having an inbuilt crypto wallet, but they were not confirmed by the official representatives of Samsung.

We remind you:

Samsung Galaxy 10 Will Not Have an Inbuilt Crypto Wallet

However, some info was leaked that might actually prove the fact that a Crypto wallet app is present on Galaxy 10.

A Twitter-user Gregory Blake published a couple of screenshots of the new phone, and it can be seen on the picture that there is an app called “Samsung Blockchain KeyStore”. Allegedly, once activated, it allows users to control their crypto funds, send and receive digital coins.

According to Blake’s screenshots, it can be seen that Ethereum is the only cryptocurrency supported by the app on the prototype phone, however, one picture included graphics that seemed similar to Bitcoin, so it is a possibility that BTC will be added after launch.

To be 100% sure of everything, we have to wait until Samsung Galaxy 10 is released. Currently, it is only available for merchants.

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Roger Ver: Bitcoin.com Wallet Will Be Updated Significantly

A famous investor, who made his multi-million fortune on Bitcoin, Roger Ver, has stated that Bitcoin.com wallet will get a major update. The details have not been announced so far, yet we can claim that this is the most anticipated act in the crypto market. The upgrade was mentioned on the YouTube channel for the website.

In the video, he described the update by saying it is the “biggest ever to the Bitcoin.com wallet.” Another change that will influence the crypto wallet is integration of a crowdfunding application called Bitbacker.io. This program will be a replacement for a former program Patreon, which banned multiple political and social entities.

One of the users on Reddit wrote that he hoped to see the following changes:

  • “Spend and replace built right into the wallet”
  • “Strong privacy thanks to Coinshuffle”
  • “improving the transaction creation, signing, and broadcasting speed”

We remind you

Bitcoin Core Developers Introduced Update 0.17.0: Review of Innovations

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Huobi Introduces the Beta Version of Its EOS-based Decentralized Exchange

The Chinese cryptocurrency exchange Huobi launched its decentralized branch based on the EOSIO technology. Huobi was involved in some business with EOS before, however, this time there seem to be no controversies.

We remind you:

Huobi Might Be Involved in EOS Block Producers’ Manipulation

The first 3 crypto pairs listed at the exchange will be:

– EOS/BTC

– EOS/ETH

– EOS/USDT (a stablecoin)

EOS cryptocurrency will also be the main currency at Huobi’s mining pool.

The plans for opening up a decentralized exchange appeared back at the end of 2018. A couple of weeks later, the beta version launches. There is currently no info on when the exchange will start operating fully.

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The CEO of Circle Believes That a Clearer Policy of the SEC Will Cure the Crypto Industry

The CEO of the project Circle, backed up by the major bank Goldman Sachs, Jeremy Allaire started a thread on Reddit together with his co-workers, where they debated the accomplishments of the company in the recent time, talked about prospects for the future and discussed the overall situation on the crypto market.

According to the representatives of Circle, one of the main issues with crypto in the US is the lack of regulatory framework and, most importantly, the inability of the Securities and Exchange Commission to clearly define cryptocurrencies as belonging to a particular type of assets.

We remind you:

The SEC: Unlike ICO Tokens, Bitcoin and Ethereum Can Not Be Securities

There absolutely needs to be more regulatory clarity to really make this fly — in particular around who can issue these, how they can be stored and transmitted, and what markets can allow their trading. There’s a lot of attention on this and we absolutely expect to see these issues resolved and for far more real world experiments to hit the markets this year,” said Jeremy Allaire.

Also, the CEO of Circle claimed that the US should follow the example of France and have a separate kind of taxation for crypto-to-crypto transactions.

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