Robinhood launches Web3 wallet beta, tapping Polygon as the first blockchain

    Robinhood announced the launch of its beta Web3 wallet, allowing 10,000 customers from the waitlist to participate in the wallet’s testing. The trading app said it tapped Polygon blockchain for its “scalability, speed, low network fees, and robust developer ecosystem.” Trading app Robinhood, which is solely available on iOS devices, will reportedly let users trade…

    Thousands of Solana wallets are targeted by the multi-million dollar hack

    The Solana ecosystem suffered the multimillion-dollar hack, with users reporting that their funds have been drained silently from major internet-connected “hot” wallets, including Phantom, Slope, and TrustWallet. So far, at least 8,000 wallets have been affected, with about $8 million lost, but the source of the attack remains unknown. On August 3 night, an unknown…

    Dubai’s new project Aarma Coin to launch its crypto wallet and NFT marketplace

    Aarma Coin, a crypto project recently launched in Dubai, has announced the launch of its own NFT marketplace, an E-commerce platform with a utility portal. In July 2022, the team plans to launch its Aarma Wallet, with an extensive roadmap ahead. Aarma Coin, a promising cryptocurrency project, was registered in Dubai, UAE, in 2022. With…

    Crypto.com app to allow users to buy crypto with Apple Pay

    Crypto.com has announced the integration of Apple Pay into its mobile app and website. Apple does not support the crypto payment directly, but Crypto.com users in the US would be given an option to make the in-app purchases. Purchases can be made with both credit and debit cards through Apple Pay. Crypto.com specifically was onboard…

    Solana Labs is developing a Web3 mobile phone on Android

    Solana Labs is developing its own mobile phone titled “Saga,” an Android handset featured with Web3 dApps, integrated “Solana Pay” for QR-code payments, a mobile wallet, and a “seed vault” for private keys. According to Solana backers, the devices will cost around $1,000 and be available in early 2023. At an event in New York,…

    Meta announces metaverse NFT wallet and Meta Pay

    Social media Meta is working on a wallet for the metaverse as the company is expanding its NFTs test and launching new features for creators on Facebook, Instagram, and WhatsApp. Meta CEO Mark Zuckerberg has also confirmed that Facebook Pay was renamed Meta Pay., “Ideally, you should be able to sign into any metaverse experience…