An altcoin used for a privacy-focused internet browser could receive a shot in the arm from a recent bullish signal, according to crypto insights firm Santiment. Santiment says that Basic Attention Token (BAT), which is used as a rewards-based cryptocurrency for the Brave Browser, could rally on the back of recent social media buzz. Santiment […]
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Nine figures worth of Solana (SOL) are on the move following a massive crypto whale transfer between two unknown wallets as the Ethereum (ETH) rival secures a partnership with software giant Brave. First reported by blockchain tracking service Whale Alert, an unknown whale on the Solana blockchain transferred 7,981,517 SOL tokens worth $184,488,088 at the […]
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A widely followed crypto analyst is laying down a timeline for the end of the Bitcoin (BTC) bear market woes. Pseudonymous analyst Rekt Capital updates their 329,600 followers on the current BTC bear market timeline relative to last year’s bull market. “It’s been ~400 days since the BTC Bull Market peak at $69,000 Which means that this […]
The post Crypto Analyst Says Bitcoin Bear Market ‘Closer and Closer’ To End, Breaks Down Cardano and Two Other Altcoins appeared first on The Daily Hodl.
According to “well-placed sources,” speaking with The Block reporter Frank Chaparro, the digital currency hedge fund known as Three Arrows Capital (3AC) may be facing insolvency after significant liquidations. Sources say that the 3AC “liquidation totaled at least $400 million” and the hedge fund’s founder Su Zhu tweeted about “communicating with relevant parties” Tuesday evening […]
As the overall markets grapple with geopolitical instability, crypto whales are scooping up one altcoin in massive amounts. Cryptocurrency analytics firm Santiment is tracking the buying and selling behavior of the biggest crypto wallets following Russia’s incursion into neighboring Ukraine two nights ago. Santiment reports whale activity has increased five-fold compared to normal. “Cryptocurrency whales […]
The post Massive Ethereum Holder Targets Dogecoin Competitor Shiba Inu, Adding 49,998,916,299 SHIB As Crypto Markets Rebound appeared first on The Daily Hodl.
Santiment says the Ethereum-based altcoin Basic Attention Token (BAT) may struggle to keep its momentum after the asset soared 37% to a new all-time high on Sunday. In a new report, the blockchain analytics firm says that BAT has already shed about 20% of its market capitalization and that the token’s daily active addresses plunged […]
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The altcoin powering a privacy-focused web browser is skyrocketing after the announcement of an extension-free crypto wallet. Anti-ad web browser Brave, powered by the Basic Attention Token (BAT), recently announced the release of Brave Wallet, sparking a 37% rally for the browser’s utility token, sending the crypto asset from a 24-hour low of $1.32 to […]
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Brave, the company behind the Brave browser, has partnered with Solana to provide support for the blockchain directly from its browser. According to a press release, the Brave browser will now default to Solana for cross-chain and decentralized app support. Brave users, that are now in the millions, will have access to a Solana wallet […]
More than 42 million Brave users will soon be able to access Solana dApps within Brave.
During Solana's Breakpoint conference in Lisbon, Portugal, executives at Brave and Solana Labs announced that the Brave browser would integrate with the Solana (SOL) blockchain and feature Solana decentralized applications, or dApps, on its browser. Simultaneously, Solana will promote the adoption of Basic Attention Tokens (BAT), the native digital currency of the Brave Browser, among its dApp users.
We've partnered with @solana to integrate it into the browser and make it the default for DApp support. We will soon bring best-in-class wallet features for the Solana blockchain into our desktop & mobile browsers. #BreakpointLisbon https://t.co/tTB7NXKWjI
— Brave Software (@brave) November 8, 2021
Brendan Eich, CEO, and co-founder of Brave, had the following to say regarding the development:
With more and more users and creators requiring tools for fast and affordable access to the decentralized Web, this integration will seamlessly pave the way for the next billion crypto users to harness applications and tokens.
Meanwhile, Anatoly Yakovenko, CEO of Solana Labs, added:
For billions of people, the mobile web will be their gateway to Web3,” said Anatoly Yakovenko, CEO of Solana Labs. “Deep integration with browsers is key to helping DApps build the best web experiences. Brave’s announcement of Solana wallet support across all versions of their browsers is an important step to onboard the next billion users to Solana.
Brave is a privacy browser that enables users to block ads, trackers, and cross-site cookies. The browser also features a built-in digital wallet, similar to MetaMask that allows users to deposit their crypto and interact with dApps. Additionally, users can utilize BAT to tip their favorite content creators on platforms such as Twitter. The Brave Browser has 42 million monthly active users and 1.3 million content creators.
Solana is a blockchain designed to power dApps and decentralized finance, or DeFi, protocols. The network is known for its speed and sub-cent transaction fees. Notable entities using its blockchain include cryptocurrency exchange FTX, music streaming platform Audius, USD Coin (USDC), NFT hosting platform Metaplex, and high-frequency trading firm Alameda. SOL has recently surpassed Cardano (ADA) and Tether (USDT) to become the fourth-largest cryptocurrency in the world by market capitalization.
Brave hopes users will want to search the web without being tracked.
Crypto-powered web browser Brave has branched out into the world of search with a new privacy-protecting beta search engine.
The platform aims to take on the likes of Google, which harvests personal data and browsing habits while serving up targeted ads and tailored search results. But it faces an uphill battle against the tech giant which accounts for more than 90% of the market.
In an announcement on June 22, Brave stated that it had launched Brave Search beta built into its browser, offering users “the first independent privacy search/browser alternative to big tech.”
Users wanting to test drive Brave’s non-tracking privacy-focused search engine will find it at search.brave.com. It has been built on top of an independent index that does not track users or their searches and clicks and will appeal to those wanting to avoid surveillance-based tech products such as Google search or Microsoft Bing.
The search engine will include a “Google fallback mixing” option for those that still want to use results from the global tech giant’s search engine, or when not enough results are returned.
Brave Search will not show ads initially, avoiding the primary way that Google monetizes its search results. However, it will offer free, ad-supported search in future alongside a paid option without ads and will incorporate its Basic Attention Token (BAT).
“When we are ready, we will explore bringing private ads with BAT revenue share to search, as we’ve done for Brave user ads.”
Chief Executive Brendan Eich, who led Mozilla and Firefox before co-founding Brave, said that getting a lot of people to use the search function is crucial to its success as their collective actions will anonymously steer Brave servers toward the highest-quality search results.
Related: Chinese search engines block results for top crypto exchanges
Brave’s privacy-focused browser currently has 32 million monthly active users after hitting 25 million in February, however that is a drop in the ocean compared to Google’s dominance over browsing with its Chrome browser and web search.
According to Statcounter, Google commanded a whopping 92.2% market share for global search engines in May 2021, with Bing coming in second at 2.27%.
There are already privacy-oriented search options available such as Duck-Duck-Go which provides privacy tools such as tracking blockers. It claims to have between 70 and 100 million users according to Tech Crunch, but it is still an uphill battle against the all-consuming Google Goliath.
