As first reported by The Block, the company’s cryptocurrency wallet now seemingly supports the Ethereum network, as well as bitcoin and Kakao’s native Klaytn blockchain. The South Korean tech giant didn’t issue an official announcement, which could mean in the future it’ll add support for more cryptocurrencies in a similar way.
The support is, however, limited to a few mobile devices in its range. Currently, Samsung’s flagship devices, the Galaxy S10, S10+, S10 5G, and S10e, as well as the newly launched Note 10 and Note 10+, have the cryptocurrency wallet.
The Blockchain Keystore is also restricted to only seven countries – Canada, Germany, South Korea, Switzerland, Spain, the United Kingdom, and the United States. Samsung’s website notes in a frequently asked questions section that other devices aren’t able to simply install the Blockchain Keystore, not even through its Galaxy app store. It reads:
Samsung Blockchain Keystore is preloaded on selected devices only. If your device is not supported, then you won’t be able to find it in the Galaxy Store either.
The South Korean giant has, however, revealed it’s set to add its cryptocurrency wallet to budget Galaxy smartphones in the future. Samsung first filed a trademark application for a crypto wallet in December of 2018 and has since been slowly entering the crypto and blockchain space.
In April of this year it invested $2.9 million in cryptocurrency hardware wallet startup Ledger.
Coinbase Card, a crypto-powered Visa debit card from major crypto exchange Coinbase, now supports Dai, a stablecoin pegged to the United States dollar.
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Cointelegraph has announced the launch of its Cointelegraph Consulting division, which is focused on advancing enterprise blockchain adoption by helping companies understand the potential of blockchain and then matching them with enterprise vendors to implement solutions.
China's Great Firewall, used by the government to regulate access to foreign internet sites, has blocked one of the most popular sources of Ethereum blockchain data.
The Stellar Development Foundation has burned 55 billion of its XLM tokens, over half the cryptocurrency’s supply, CEO Denelle Dixon announced from the stage of the Stellar Meridian conference Monday.