Ratuken Wallet, Inc., a consolidated subsidiary of Japan's Rakuten Group, announced on Monday (August 19) that it has launched a new mobile app (initially, only for iOS) that offers a spot trading service for cryptocurrencies.
Ratuken's press release says that Ratuken Wallet "separates money deposited by customers (customer assets) from the company's own funds, managing the assets (trust maintenance) in trust accounts provided by Rakuten Trust Co., Ltd., the trust company of Rakuten Group. Rakuten Trust manages those trust assets through Rakuten Bank, Ltd. savings accounts."
To provide additional safety for customers' funds, all crypto owned by customers is stored in multi-sig cold wallets. And finally, two-factor authentication (2FA) is mandatory "when logging in, withdrawing money and withdrawing assets."
Ratuken Wallet currently supports three cryptoassets: Bitcoin (BTC), Ether (ETH), and Bitcoin Cash (BCH).
There are no fees for "opening or managing an account, purchasing or selling crypto assets, or depositing money." However, there is a JPY 300 fee for withdrawing Japanese Yen and there are small fees for withdrawal of cryptoassets (Bitcoin: 0.001 BTC; Ether: 0.01 ETH; Bitcoin Cash: 0.01 BCH).
As for the iOS version of the app, the company plans to make an announcement about its release in early September.
Do good work, earn a "badger" - that's the idea behind a new incentive launched by Microsoft and blockchain gaming project Enjin.
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.
American multinational retail corporation, Walmart, has announced that it would be partnering with Ripple partners, MoneyGram and Ria, to power its Walmart2World money transfer service across its 4,700 stores.