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This Project Burns 4 Million LUNC In A Single Transaction  

Lele Jima
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0
This Project Burns 4 Million LUNC In A Single Transaction  

Terra Casino has continued to contribute to the ongoing Terra Luna Classic (LUNC) burn campaign.


Today, the casino’s official Twitter handle said the team had burned 4 million LUNC tokens. “… We just sent another 4m of LUNC from the Terra Casino to burn,” the casino said.  It bears mentioning that the team behind the casino also shared a link to the recent burn.

Head of Development at TerraCVita and a prominent Terra community member, Rex “Rexzy” Harrison, also confirmed and admired the casino’s recent LUNC burn in a tweet. 

Terra Casino’s Ongoing LUNC Burn Effort

The recent burn comes less than two weeks after the casino announced its first LUNC incineration. TheCryptoBasic reported that the online betting platform burned 1,096,015 (1.09M) LUNC tokens just four days after it went live. Rexzy stated that the casino’s 1.09M LUNC burn applied only to bettors’ deposits and withdrawals.

Recall that Terra Casino was launched on November 21, 2022. The betting platform noted that it would burn 0.2% of all betting volumes in LUNC irrespective of the payment method users bet with. TerraCVita stated that Terra Casino could burn 24B LUNC tokens in six months.

Terra Casino has contributed immensely to the ongoing LUNC burn campaign. On November 28, 2022, the casino ranked third among the projects that conducted the largest LUNC burn for the day. The online betting platform burned 8.9M LUNC in a single transaction on November 28, 18:13 (UTC).

Celebrating the milestone, the betting platform said in a tweet:

Community Concerns

Despite Terra Casino’s promises, several LUNC holders were skeptical about the casino’s ability to contribute to the ongoing burn campaign as Terra Casino did not share blockchain details of its previous LUNC burns.

To address these considerations, Terra Casino, this time, chose to share proof of its recent LUNC incineration.

Major Shiba Inu Whale Adds More, Extends Holdings to 13.9T

Zabi
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0
Major Shiba Inu Whale Adds More, Extends Holdings to 13.9T

Whales always keep an eye on Shiba Inu.



Major Shiba Inu Whale added 2.80 Trillion SHIB in the past 24 hours and 3.05 Trillion in the past 30 days. As of press time, the Whale holds 13.93 Trillion SHIB.

Etherscan.io recently reported that the 8th biggest Shiba Inu Whale accumulated a staggering 2,800,000,000,000 (2.80T) SHIB, worth $25,984,000 ($25.98M) via one significant transaction executed about 3 hours ago.

Major Shiba Inu Whale added a mammoth 3.05Trillion SHIB in the past 30 days
Major Shiba Inu Whale added a mammoth 3.05 trillion SHIB in the past 30 days.

The data further states that this is not the first time the deep-pocketed SHIB holder gathered billions of Shib worth millions of dollars.

Previously, this Whale scooped up 130,000,000,000 (130B) SHIB, worth $1,206,400 ($1.20M) via one robust transaction on November 9th, 2022. On the very next day, on November 10th, the Whale added another big chunk equal to 120,000,000,000 (120B) SHIB, worth $1,113,600 ($1.11M) in one transaction.

In this way, the major Shiba Inu Whale added a mammoth 3,050,000,000,000 (3.05T) SHIB, worth $28,304,000 ($28.30M) in the past 30 days.

As of writing, the key Shiba Inu investor holds a total of 13,938,398,724,484 (13.93T) SHIB, worth $129,487,724 ($129.48M) in her wallet.

Key Shiba Inu Investors total SHIB holdings at Press Time
Key Shiba Inu Investors total SHIB holdings at Press Time

The Whales’ interest in Shiba Inu grows overwhelmingly as several developments in Shiba Inu Ecosystem continue to occur rapidly. The price of Shib is rebounding, trading at $0.00000931 up 1.30% in 24 hours.

Ripple Partner Bitso Launches Crypto-Powered WhatsApp Remittance Between U.S. and Mexico

Lele Jima
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0
Ripple Partner Bitso Launches Crypto-Powered WhatsApp Remittance Between U.S. and Mexico

 

Bitso partners with Félix Pago to offer fast and low-cost remittances from the U.S. to Mexico.


Ripple’s partner and Latin America’s largest cryptocurrency exchange, Bitso, has partnered with the leading remittance provider Félix Pago, to offer cross-border settlements from the U.S. to Mexico. Under the partnership, users can conveniently send Whatsapp-based cryptocurrency-enabled payments from the United States to Mexico.

 

Félix Pago Remittance Solution

Launched in 2022, Félix Pago uses a chat remittance technology on WhatsApp to enable users to send funds internationally just as easily as sending messages to family and friends. Through Félix Pago’s WhatsApp integration, it takes only 45 seconds to complete transactions. Félix Pago claims Mexicans residing in the U.S. use its chat remittance technology to send over $500K monthly in more than 2,000 transactions.   

Bitso is now working with Félix Pago as a backend cryptocurrency provider, allowing users to send U.S. dollars received as Mexican Pesos. Bitso will handle the conversion of U.S. dollars into Mexican Pesos using Ripple’s On-Demand Liquidity (ODL) solution. Settling transactions in 45 seconds, Félix Pago noted that its partnership with Bitso will provide fast settlements and lower transaction costs.

Commenting on the development, Bernardo García, co-founder of Félix Pago, said the company chose Bitso as its remittance partner because of the cryptocurrency exchange’s reputation, adding: 

“We have chosen Bitso to facilitate these payments due to its reputation and experience as a transparent and regulated company that successfully makes cross-border payments with crypto for millions of users.” 

Latin American Countries’ Remittance

While the partnership will initially focus on payments between the U.S. and Mexico, the partners plan to expand the service across various countries in Latin America. This region has become a major hub for cross-border remittance.

According to reports, Latin American countries received $127.6B in remittances in 2021, representing an annual growth of 26%. Mexico was ranked the highest recipient of remittance in the Latin America region. The country received $51.6 billion in remittances in 2021, which accounts for 40.4% of Latin American remittances. 

Ripple and Bitso Provide Financial Services in Latin America

Meanwhile, Bitso has continued to be an important Ripple partner and a corridor for its On-Demand Liquidity solution. Recall that Ripple partnered with Bitso in 2014 to provide financial services for Latin America’s large underbanked population.

TheCryptoBasic reported in September that Bitso joined forces with Africhange, an African-Canadian payment system, to facilitate cross-border settlements between Mexico and Canada.

To Date XRP Gave Annual Yield of 10% In Last 5 Years, Far Better Than Bitcoin

Mark Brennan
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To Date XRP Gave Annual Yield of 10% In Last 5 Years, Far Better Than Bitcoin

XRP has almost doubled in price in the last five years.


XRP has grown an average of 10% in the past five years, as Ripple CTO David Schwartz disclosed in a tweet today.

The XRP Ledger builder made this known in response to a complaint that XRP has shown little price gains in the last five years.

Schwartz indicated that five years ago, on December 8, 2017, XRP was trading at the $0.24 price point, and on the same date, in 2022, it is trading at about $0.40. According to the Ripple executive, that represents an annual yield of about 10%. Notably, the exact figure is a little above 13%.

It bears mentioning that despite Bitcoin’s impressive price moves in the last five years, XRP has produced a far greater annual yield within the period highlighted by Schwartz. On December 8, 2017, Bitcoin was trading as high as $17,700 on some exchanges but $16,000 on Bitstamp. Using the $16k value and Bitcoin’s current price of about $17,224, The Crypto Basic discovered that the leading crypto asset has only yielded an annual gain of about 1.53%. If you factor in 2% yearly inflation, one can argue that Bitcoin investors within the same period are at a loss.

It is an impressive feat for the altcoin faced with legal uncertainty in the US that many believe ensured that it reached a new all-time high in January 2018 instead of 2021 like most major crypto assets.

In a lengthy thread today explaining how people should treat speculative assets, Schwartz asserted that what matters is not the current price but how investors believe the price will change.

“When you look at buying something as an investment, particularly something that doesn’t produce a revenue stream just from holding it, what matters is how you think its value will change, not what value it has right now,” the Ripple executive tweeted.

It is worth noting that despite the criticism that XRP has received in the past few years, it has remained among the top 10 crypto assets for over a decade. And this year, the XRPL has seen significant upgrades with the promise of more. For example, the blockchain now has native NFT functionality offering unique perks due to its scalable network. In addition, an EVM sidechain is coming even as the network works on a native Automated Market Maker (AMM).

Shiba Inu Metaverse Releases Official Images Of WAGMI Temple Using Unreal Engine 5.1

Lele Jima
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0
Shiba Inu Metaverse Releases Official Images Of WAGMI Temple Using Unreal Engine 5.1

 

Shiba Inu’s metaverse team releases the first official images of the WAGMI Temple hub.


The images were shared during the Ryo Plaza Fireside chat in the early hours of today. Participants of the event expected the team to share the first concept of Ryo Plaza. However, the metaverse team surprised everyone by revealing the first official look of the WAGMI Temple. 

“…we did want to travel back to WAGMI Temple and give everyone a first look at the Hub within the world!” the team noted.

WAGMI Temple

It is worth noting that the team shared the first concept of the WAGMI Temple hub in September. Shiba Inu’s metaverse team noted that the architectural design of the digital location was derived from different cities, including Beijing’s Temple of Heaven. Interestingly, within three months, the team transformed the hub from being a concept into a reality.

Image source: https://twitter.com/ShibTheMV/status/1601053503044349953?
Image source: https://twitter.com/ShibTheMV/status/1601053503044349953?
Image source: https://twitter.com/ShibTheMV/status/1601053503044349953?

 

Commenting on the development, Brandie Konopasek, an entertainment veteran, added to Shiba Inu’s metaverse team in September; @brandiekono said: “Official photo release of Wagmi! It’s been incredible to bring this from concept to reality. These are direct pulls from the environment from within the Shib metaverse.”

Since the release of the first look of WAGMI Temple, SHIB enthusiasts have taken to the comment section to applaud the team for the beautiful design.

SHIB Metaverse Uses Unreal Engine 5.1

In a tweet today, @ShibPP, one of the top Shiba Inu influencers, revealed that SHIB: The Metaverse is built on Unreal Engine 5.1.

Notably, members of the SHIBArmy have suspected that the metaverse will be built using Unreal Engine. The team behind the project gave several hints that it would use Unreal Engine in SHIB: The Metaverse’s development, 

In July, Shiba Inu’s lead developer Shytoshi Kusama shared a hint about SHIB: The Metaverse on Discord, saying the project will look “unreal.” However, despite several inquiries, he did not share enough details about how “unreal” the project would look. Following Shiba Inu’s partnership with development studio The Third Floor, the company revealed its Unreal Engine experience in a statement, saying: 

“TTF’s rapid prototyping, powered by real-time processing and creative iteration in Unreal Engine, will take ideas and looks from concepts into 3D prototypes.” 

Launched last month, Unreal Engine 5.1 is the latest iteration of Unreal Engine. Unreal Engine developers said the version was designed with the groundbreaking feature set introduced in UE5, thus making it more versatile, efficient, and robust for creators in diverse industries. 

“We’ve laid the groundwork for the Lumen dynamic global illumination and reflections system, the Nanite virtualized micro-polygon geometry system, and Virtual Shadow Maps (VSM) to support games and experiences running at 60 fps on next-gen consoles and capable PCs, enabling fast-paced competitive games and detailed simulations to run without latency,” Unreal Engine team said. 

‘Twitter Coin’ May Mean ‘Nothing’ For DOGE

Mark Brennan
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0
‘Twitter Coin’ May Mean ‘Nothing’ For DOGE

Dogecoin may have nothing to do with the Twitter payment token.


Leaks suggesting that Twitter may be working on a payment token have excited DOGE supporters, but a key Dogecoin influencer believes this speculation may be dangerous.

Mishaboar (@mishaboar), a popular DOGE influencer known for sharing news on the popular doggy meme coin, took to Twitter yesterday to clarify some things on the Twitter coin speculations, asserting it means “nothing” for DOGE.

It is worth noting that days ago, Nima Owji (@nima_owji), a tech blogger focusing on new features for applications, shared code, and an SVG, indicated that Twitter was working on a coin. Unsurprisingly, the leak excited the Dogecoin community, which started speculating that it was code for a DOGE integration. Consequently, reports of the leak saw DOGE enjoy a brief 7% rally.

However, Mishaboar believes that the intended Twitter coin means nothing for DOGE and that the speculation is dangerous. Explaining his reasoning, the DOGE Influencer made two arguments. First, while he concedes that Twitter adoption would be great for the meme coin, but highlights that the doggy-themed coin’s utility is not limited to a single platform. 

“Dogecoin’s future does not depend on Twitter,” the influencer asserted.

Secondly, Mishaboar notes that there is too little information for Dogecoin supporters to go on. He highlighted the uncertainty and said it might hint at a centralized token purchasable by crypto and fiat.

“We do not know,” Mishaboar surmised.

Consequently, the influencer believes taking risky bets based on the hype would be foolish without understanding the risks. According to Mishaboar, despite previous hints from Musk on a DOGE integration, till Twitter releases an official announcement, it is all rumors.

Meanwhile, Owji, who released the leak, has also expressed similar sentiments in follow-up tweets. 

“Btw, I never said Twitter Coin is a token,” he tweeted on Tuesday. “There’s not enough information available about it.”

In addition, Owji has also highlighted that Twitter could still decide to stop working on the feature tomorrow.

It is worth noting that despite the sentiments expressed yesterday, Mishaboar agreed with a user who said it is likely to be a token purchasable by fiat and DOGE.

As the leak from Owji gets more traction, users have expressed different views on the reason for the Twitter coin. For example, product designer Chris Messina asserted that it was likely a plan to avoid Apple’s tax on in-app payments, highlighting a growing trend with other applications. Similarly, Wertheimer, a Bitcoin maximalist, suspects that the token is not a crypto but an in-app currency for payments.

Meanwhile, it is worth noting that the code and SVG shared by Owji may not be new, as highlighted by inevetable360 (@inevitable360), a Dogecoin Foundation developer. The developer says he is confident that he saw the same icon while working on his DOGE Twitter tip bot in 2021.

Elon Musk’s DOGE support has been valuable to the doggy meme coin community, with his influence helping to prop up the token’s price. As highlighted above, the Twitter boss has hinted at a Dogecoin integration on multiple occasions since he took over Twitter. Consequently, as one user highlighted, it would be disappointing for many if it did not happen.

Global Finance Magazine Highlights Ripple’s Push Into Africa’s Payment Industry  

Lele Jima
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0
Global Finance Magazine Highlights Ripple’s Push Into Africa’s Payment Industry  

Global Finance recognizes Ripple’s efforts in Africa’s payment sector.

Global Finance Magazine, a prominent monthly financial magazine, has highlighted Ripple’s recent push into the African payment industry. According to an article published today, the leading Silicon Valley tech company partnered with MFS Africa to facilitate real-time crypto-enabled payments across 35 African countries using its On-Demand Liquidity (ODL) solution.

Ripple’s decision to enhance the African payment industry using ODL comes as financial inclusion becomes a critical issue in the region. In a statement, Ripple said Africa’s population is expected to hit a whopping 1.7 billion by 2030.

Ripple cited U.N. data suggesting that Africa is gradually becoming a hub for the mobile payment sector. The continent accounts for 70% of the global $1 trillion mobile money valuation. Last year, African countries completed $701.4 billion in mobile money transactions, representing a 39% spike from its 2020 record.

Brooks Entwistle, Ripple’s SVP for Global Customer Success, said: 

“Crypto can, and is, eliminate the traditional problems associated with cross-border payments such as lengthy transfer times, unreliability and excessive cost while complementing our formerly purely fiat financial infrastructure at low cost.” 

Ripple partnered with MFS Africa for the initiative due to the company’s coverage in Africa. Notably, MFS Africa has one of the largest mobile money footprints across Africa, connecting over 400 million mobile wallets across 35 countries, and operating across 800 payment corridors.

Ripple’s Prowess In the Global Payment Sector

It is not surprising to see Global Finance Magazine mention Ripple’s efforts in the African payment industry. Ripple is committed to solving real-world problems using blockchain technology, especially in the payment sector. The company’s ODL solution facilitates cross-border settlements at a relatively low cost. The solution uses XRP as a bridge currency for cross-border settlements, thus eliminating the need for pre-funding capital and boosting settlement time.

In a recent tweet, Ripple CEO Brad Garlinghouse applauded the company’s team for helping customers move value around the world.

Launched in 1987, Global Finance is a monthly financial magazine whose primary target audience includes various companies’ executives, including the president, CFO, CEO, etc. Global Finance magazine is distributed across 158 countries, with over 50,000 monthly subscribers. Global Finance has its headquarters in Manhattan, New York, U.S.

OKX Launches Flexible Staking For XRP and Shiba Inu

Lele Jima
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0
OKX Launches Flexible Staking For XRP and Shiba Inu

Cryptocurrency exchange OKX has launched flexible staking for Shiba Inu (SHIB) and XRP. 

Per a recent announcement, OKX users can stake SHIB and XRP to earn highly flexible staking rewards. It is worth noting that the flexible staking for SHIB and XRP started today at 3 am (UTC). 

Details of OKX Flexible Staking

Aside from SHIB and XRP, OKX also introduced flexible staking for other top crypto assets, including Dogecoin (DOGE), Filecoin (FIL), and Litecoin (LTC).

Notably, Shiba Inu holders can stake a minimum of 1 SHIB to earn an APY of 2.5%. Similarly, the flexible staking reward for XRP is also 2.5%, with users allowed to stake a minimum of 0.01 XRP. 

Out of the five supported crypto assets added to OKX flexible staking, Dogecoin has the highest APY. According to the announcement, Dogecoin users are entitled to a staking reward of 10% APY when they stake a minimum of 0.01 DOGE.

“OKX Earn will launch flexible staking for SHIB, DOGE, LTC, FIL, and XRP on December 8, 2022, at 03:00 am UTC. Earn high rewards by staking SHIB, DOGE, LTC, FIL, and XRP with just a few clicks,” OKX said in a statement.

OKX Earn’s Gold Rush Bonus Promotion

Notably, OKX Earn is an initiative launched by OKX exchange to allow users to earn rewards on their crypto assets through diverse investment choices, including staking and loans. OKX Earn noted that the recently-launched flexible staking for XRP and SHIB is an upgrade of its Gold Rush Bonus promotion, which commenced in September.

Recall that in September, OKX Earn launched the first phase of its Gold Rush Bonus promotion. Following a Twitter poll and internal review results, the popular exchange launched a 90-day staking exercise for five crypto assets, such as SHIB, XRP, DOGE, FIL, and LTC. Staking for these tokens was done on a first-come, first-serve basis.

However, many users did not support the idea of waiting for 90 days before they could deposit and withdraw their assets. They called on the exchange to introduce flexible staking for digital currencies.

“To meet our users’ needs for more flexible deposit and withdrawal, OKX Earn is taking our Gold Rush Bonus promotion up a notch,” OKX said.

LUNC Stages Relief Rally Amid Positive Developments

Mark Brennan
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LUNC Stages Relief Rally Amid Positive Developments

With a 24-hour gain of over 4%, Terra Classic (LUNC) defies the general trend, which has kept the majority of assets flatlining.



Terra Classic (LUNC) has taken the first steps towards a relief rally in the wake of several positive developments within the LUNC camp, including reports suggesting an end to the recent ruckus surrounding the Terra Station and its further support for Terra Classic.

Having lost its value in three out of the past three sessions, LUNC began the day on bearish grounds, with the atmosphere seemingly bearish for investors. Notwithstanding, the asset has staged a comeback against the bears, triggering hopes of a relief rally within the community.

Having started the day with a value of $0.000165, LUNC is determined to recover the losses shed in the past few days amid the chaos within the community. The asset crashed from a high of $0.00019 on December 2 and had since been slipping further below until it hit a 1-week low of $0.0001631 yesterday.

Notwithstanding, a rally has been ensured. If the markets see a reversal of its current upsurge at this point, the asset could retest lows below the $0.00015 zone which would trigger a slump to $0.00010 in the event of sustained selloffs.

The rally has, however, seen LUNC gain by 7.23% in the past week, with a 24-hour appreciation of 4.98%. LUNC’s price surge makes it the second largest gainer in the past week amongst the top 45 assets, only behind Trust Wallet Token (TWT). The community expects LUNC to end the year for $0.000193, an 11% rise from its current value.

Additionally, Terra Classic indicators generally lean towards the Buy territory, as several metrics indicate positive momentum, per data from TradingView.

Tension Within the LUNC Camp Has Eased

This recent relief in the markets immediately follows the calm within the LUNC camp after several reports suggest a commotion surrounding the asset, the Terra Station, and the Terra Rebels Group.

As highlighted Tuesday, circulating reports suggested that the Terra Classic network could lose its Terra Station support following Terraform Labs’ imminent switch of the Terra Station wallet to Interchain Station by December 15. 

A demand for Terra Classic to change its prefix to be supported on the upcoming Interchain Station was deemed impossible to achieve by the Terra Rebels group within the timeframe given. They estimate it will take at least six months to meet the request. Failure to implement the prefix change could end Terra Station’s support for LUNC.

Terra Rebels group members proffered a solution that involved making Terra Classic transition to Rebel Station. A proposal to separate Rebel Station from the Terraform Labs infrastructure was passed. This was aimed at maintaining LUNC’s access. However, the downside is that the move is expected to cost $150K and take two months to complete.

As uncertainties abound, Terraform Labs recently disclosed that it is possible to maintain Terra Classic’s Terra Station support even as it transitions to Interchain Station. According to Terraform Labs staffer Jared, the team found a way around the issue. This has eased the tension and is likely one of the triggers of the asset’s recent recovery.

Cryptocurrency Tangem Wallet

Andrew MacGill
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Cryptocurrency Tangem Wallet

Tangem Wallet is a cold multi-currency crypto wallet that supports over 6,000 coins and tokens. It is a safe, reliable, user-friendly and functional solution from Tangem AG, Swiss cold wallet provider.

It looks like a regular credit card and it functions without any batteries, wires, and connectors. Tangem Wallet comes in a pack of two or three identical cards.

How to use Tangem Wallet

To access crypto and conduct transactions with it, you only need:

  1. A pack of Tangem cards (one card is the main one for controlling crypto assets, another one or two cards are for the backup of the private key).
  2. Smartphone with NFC support.
  3. Tangem App on the phone.

The activation time is just a few minutes. To activate your Tangem:

  1. Install the Tangem App on your phone (available for iOS or Android).
  2. Tap the Tangem card to the NFC on the smartphone.
  3. Activate the wallet by following the detailed instructions in the app.

Once Tangem wallet is activated, you can start using it: store coins and tokens in it, receive and send cryptocurrency, connect to DeFi-applications through WalletConnect protocol, and sell, buy, swap, stake, deposit your crypto assets and much more.

Features

The main features of Tangem Wallet are the highest level of software security, card reliability, user-friendliness and functionality.

Secure and reliable

Tangem Wallet has no direct connection to the Internet, as it is an autonomous device. A powerful cryptographic chip embedded in the card stores a private key. It is a secure element made by Samsung, which is, in fact, a microcomputer, powered by NFC of the phone.

The private key is generated by Tangem’s chip at the moment of the wallet’s activation. The second and third cards back up this key. Then the key is used to sign transactions (tap a Tangem card to the phone for this). The key never leaves the card and it is not revealed to anyone, not even to its owner.

Moreover, it is also password-protected as a user sets protection during Tangem activation. It means if the card is lost or stolen, no one but the owner will be able to access the cryptocurrency.

Even the Tangem App does not have access to the private key, because it is just an interface to the wallet.

Tangem Wallet does not have a seed phrase. Seed phrase is a sequence of 12 or more random words, which different crypto wallets use to recover access in case a wallet has been damaged, lost or stolen. But having no seed phrase, Tangem Wallet is much more secure than other wallets.

Seed phrase is a vulnerability, a gap in cryptocurrency security, because there is no way to know for sure whether a seed phrase was compromised or not, whether a cyber criminal stole it and has access to the crypto in the wallet. You can buy a cold wallet with the most advanced security features, but if the backup is just a combination of random words on an unprotected piece of paper that can be accidentally destroyed, lost, copied or photographed, then such a device can hardly be assigned a high security level.

Instead of a seed phrase, Tangem Wallet offers an additional one or two cards with the same private key.  All cards are equal, being identical copies. It’s just that one card is used as the primary card and the other two are for reserve, in case the first card is lost or stolen. As the additional cards have the same private key, you can quickly recover access to your crypto assets.

Tangem chip has been assigned Common Criteria EAL6+ certification level: the same level of chip protection used in diplomatic passports.

The physical security of the wallet is ensured by the IP68 level of protection. This means that the card can operate stably at temperatures from -25 to +50 °C. It is water and dust resistant. The company claims the lifetime of the chip is 25 years.

User-friendly and functional

Tangem has a very convenient credit card format: we can keep it in our wallet and carry it around. It’s compatible with all bank and discount card holders.
Having only Tangem Wallet card, a phone with NFC support and the Tangem app installed on it, we can:

  • Receive and send crypto;
  • Buy, sell, and swap coins and tokens;
  • Make money from staking, farming and other passive income methods;
  • Mint, buy and sell NFTs using NFT platforms;
  • Withdraw income from mining;
  • Pay for goods and services if the organizations accept crypto;
  • Carry crypto around the world without restrictions.

To sum it up

Design Credit card
Set-up time 1-3 minutes
Necessary equipment Phone with NFC support
Battery No
Backup process 1 or 2 additional cards with key backups
Non extractable key Yes
Hardware certification EAL 6+
Independent firmware audit Yes
Components Only Secure Element chip
Anti counterfeit protection Firmware certification
Water and dust protection IP68
Access code protection Yes
Access code recovery Yes
Possibilities For crypto storing, receiving, sending, buying, selling, swapping;
For passive income and other operations

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