Chinese Mobile Internet Company Launches Crypto Wallet

Mobile Internet company Cheetah Mobile announced the launch of SafeWallet, a mobile security digital asset wallet
01 February 2018   203

Cheetah Mobile is a Chinese mobile internet company which aims to provide leading applications for mobile users worldwide and connect users with personalized content powered by artificial intelligence.

On January 31 Cheetah Mobile announced the launch of a mobile security cryptocurrency wallet SafeWallet, which has a three-tier security protection system and aims to provide the better protection of users' digital assets, preventing them from being stolen or lost.

Currently SafeWallet supports such currencies as Bitcoin and Ethereum, but plans to add more cryptocurrencies in the future. The wallet lets users send and receive digital assets, create and manage wallets. Moreover, SafeWallet aims at reduction of transaction costs and reduction of the time needed to process the transaction.

Cheetah Mobile will be committed to always remain in the forefront of new technology development, I believe we will play an important role in the field of mobile asset security.

Sun Ming Yan

Senior Vice President, Cheyenne Mobile

As for now, SafeWallet is open for download at Google Store and the iOS version is expected to be released soon.

Buterin Donated $763k to Fight Possible AI Rise

Creator of Ethereum donated $763k worth ETH to Machine Intelligence Research Institute
22 February 2018   683

The non-profit organization Machine Intelligence Research Institute (MIRI), which studies potential hazards of artificial intelligence, published data on donations collected in December last year. As it turned out, 66% of the funds were received in the crypto currency, reports.

66% of the funds donated during the campaign were in the cryptocurrency (mostly Bitcoin and Ethereum). The largest transfer came in the end - $ 763,970 in Ether from Vitalik Buterin. This was the third largest donation in the history of the organization after a $ 1.25 million grant from the Open Philanthropy Project in October and $ 1.01 million in Ethereum in May.

It should be noted that the main goal of MIRI is to create a secure artificial intelligence, as well as to study the potential dangers and opportunities that may arise when creating AI. The organization has representative offices in the USA and Canada.

The total amount of MIRI donations in December 2017 was $ 2,515,148 - twice the initial target of $ 1.25 million.