Opera Mobile to be Add Crypto Purchase Option

Together with Wyre, in USA Opera will add Apple Pay to the iOS apps and integrate of debit cards for the Android version to purchase crypto
17 March 2020   134

Opera added the ability to purchase ETH and BTC for US residents through Apple Pay and credit cards in mobile versions of the browser on iOS and Android.

In the framework of cooperation with the startup Wyre, that is primarily aimed at users of mobile versions of the browser in the United States, Opera adds Apple Pay to the iOS application and the integration of debit cards for the Android version to purchase cryptocurrencies. This will give users the opportunity to make purchases of BTC and ETH worth up to $ 250 per day for $ 0.3, plus a transaction fee of 2.9%, said cryptocurrency director of Opera Charles Hamel.

This restriction in the purchase of cryptocurrencies is due to the fact that the new features are primarily intended for application developers and everyday users, and not for investors and speculators.

That’s not a very high ceiling, but it’s meant to appeal to dapp developers and day-to-day users, not investors and speculators looking to move well over $250 in crypto a day.


Charles Hamel

Opera’s Head of Crypto

The company is moving towards turning its browser into a Web 3.0 application by adding TRON support and releasing a desktop version of the browser compatible with dApps on Ethereum. In October last year, advanced functions were added to the Opera browser version for Android that allow payments in bitcoin directly from the built-in digital wallet.

Hamel said that the settlement of the transaction will take about 30 seconds, and the payment company Wyre will be engaged in the storage of crypto assets. According to a press release, in the near future it is planned to add the possibility of buying cryptocurrencies in other countries.


Neo Foundation to Withdraw $11M From Cold Wallet

These funds will be used to finance its operations in currrent reporting year and $190M are stiill in the vault
26 March 2020   239

On March 25, the Neo Foundation announced the withdrawal of 1,660,865 NEO ($ 11 million) from the cold wallet to finance its activities in the current reporting year. About $ 190 million are still in reserves.

According to rules established in the Neo White Paper, the NEO tokens maintained by the Neo Foundation are mainly used to continuously support Neo's technological development, ecosystem growth, community expansion and the normal operations of the foundation and related organizations. 


Neo Foundation

According to the publication, 1,660,865 NEOs were transferred “from a blocked account to a current account”. As the information on the blockchain shows, these funds were directed to an address containing 14.6 million NEO or about $ 100 million. The project does not disclose who controls this address and what fate awaits the released tokens.

White paper Neo suggests that project costs in any given year should not exceed 15 million tokens. In the near future, a financial report for 2019 will be published.

At the time of publication, NEO is the 23rd largest asset on the market with a capitalization of $ 479 million. The price of one NEO is $ 6.79.