US phone giant T-Mobile is about to send $350 million to customers affected by a devastating data breach. A new update on the T-Mobile Data Breach Settlement website says payments will begin in April. The 2021 breach affected about 76 million people, exposing sensitive information like names, Social Security numbers and birth dates. Those who […]
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Security researchers are issuing an urgent alert about a new malware attack that’s targeting Android users’ bank accounts. The malware, which has been nicknamed “Brokewell,” takes the form of a fake Google Chrome browser update webpage that mimics Google’s own messaging style, reports ThreatFabric. When users are directed to the page, they see a message […]
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The telecom company is reportedly seeking $1.8 billion in loans amid a plan to raise a total of $2.9 billion in debt
Vodafone, a United Kingdom-based telecommunications provider, hopes to bring blockchain technology to smartphone users by integrating cryptocurrency wallets with subscriber identity module (SIM) cards.
The ambitious move comes amid a company finance plan that reportedly involves Vodafone Idea Ltd., a separate entity operating in India that Vodafone Group carries a 45% stake in, taking on nearly $3 billion in debt including $1.8 billion in loans over the next two years.
In a recent interview with Yahoo Finance Future Focus, Vodafone Blockchain Lead David Palmer discussed the company’s plans to integrate blockchain technology into smartphone sim cards:
A decentralized wireless network altcoin on the Solana (SOL) blockchain is soaring amid two big consumer-driven events. The decentralized finance (DeFi) telecommunications project Helium Mobile (MOBILE) is up 60% in the past 24 hours, going from Sunday’s low of $0.0042 to $0.0067 at time of writing. The sudden surge comes as the Helium Mobile project […]
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Solana’s cryptocurrency and Web3 smartphone, Saga, will be available for purchase on Monday, May 8, 2023. Crafted by OSOM, the Android smartphone is designed specifically for Web3 applications and enables users to self-custody crypto assets using its Seed Vault feature. Solana Smartphone Saga Ready for the Masses Solana Labs, Inc., the company behind the Solana […]
The company behind the Ethereum (ETH) challenger Solana (SOL) says its flagship phone Saga is now available and will start shipping within the month. During the Saga Launch Event in San Francisco on Thursday, Solana Labs co-founder Anatoly Yakovenko says the tech firm will start rolling out the crypto-friendly smartphone to those who pre-ordered on […]
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The Central African Republic’s plan to list the sango coin in the last quarter of 2022 has been put on hold, while the scheduled unlocking of 5% of token holders’ portfolios has similarly been postponed, a statement from the team promoting the token has reportedly said. The decision to delay the listing of the coin […]
Solana Breakpoint, a four-day conference scheduled from Nov. 4 to Nov. 7, attracted 13,000 people in just one of the four venues it’s being held simultaneously.
During the ecosystem’s annual gathering at Breakpoint 2022 in Libson, Solana made a series of launch announcements as it prepares to go mainstream. Cointelegraph’s ground team — present during the conference — shared insights into Solana’s roadmap, which includes the launching of smartphones, dApp stores and a partnership with Google Cloud, among others.
Good morning from @SolanaConf
— Cointelegraph (@Cointelegraph) November 5, 2022
Come say hi if you see us with our Cointelegraph merch
Follow this thread to get more updates you on this lovely event! pic.twitter.com/4m2jNaTSNS
Solana Breakpoint, a four-day conference scheduled from Nov. 4 to Nov. 7, attracted 13,000 people in just one of the four venues it’s being held simultaneously.
QR Code giveaways and GeoNFTs for Solana Store
Fortunately for Cointelegraph’s ground team, the venue featured Solana co-founder Raj Gokal and Solana Labs co-founder Anatoly Yakovenko.
Soon after, Vibhu Norby, the CEO and founder of Solana Spaces, took the stage to deliver an interactive presentation while asking attendees to scan QR codes to participate in a giveaway!
Norby further unveiled the Solana Store in Miami, showcasing a walkaround video of people checking out the store, as shown above. In addition, the CEO revealed that:
“Now anyone, anywhere can build their own Solana Store.”
While explaining the process of building a Solana store, Norby announced the launch of GeoNFTs — a nonfungible token (NFT) implementation — that allows users to geo-tag an area in their city. He further explained:
“If you have a GeoNFT, you can redeem it 1-for-1 with the exclusive rights to open a Solana store in that region.”
With GeoNFTs, Solana aims to empower solo entrepreneurs that wish to get into business.
Solana smartphones available for pre-order in early 2023
“It’s made for the people,” said the Solana mobile team while announcing the launch of its upcoming smartphones. Cointelegraph found that the preorders for Solana mobile phones will commence in 2023. However, the company is yet to declare an official date for its availability.
A differentiating feature of the Solana phone lies in its ability to securely store the private keys of crypto wallets. The Solana smartphone will be powered by a Qualcomm chipset sporting an Arm-based SoC, allowing for higher productivity.
Cointelegraph’s ground team managed to bring in a sneakpeak of the soon-to-be-launched Solana smartphone.
Solana dApp store: A promise of crypto-friendly policies
Gearing up for the Web3 disruption, Solana announced the launch of the Solana dApp Store. During the conference, a Solana spokesperson highlighted the need for a good user experience in Web3.
Supporting the cause, Solana’s dApp store promises to do away with charges, revenues and fees. Moreover, the company confirmed with the interested participants that submissions would open january 2023.
Google Cloud is soon to become a Solana node validator
While the above announcements mark a series of milestones for Solana, the ecosystem’s partnership with Google Cloud evidently stole the limelight.
Based on the information collected by Cointelegraph’s ground team, Google Cloud is building a block-producing Solana validator to participate in and validate the network.
Google Cloud’s Blockchain Node Engine, which was first announced on Oct. 27, will feature on Solana chain from 2023. The integration will allow users to launch a dedicated Solana node in the Cloud.
Additionally, Google Cloud will index Solana data and bring it to BigQuery — a fully-managed, serverless data warehouse — by next year, making it easier for the Solana developers to access historical data.
Related: Solana-based protocol seeking to decentralize ride-sharing raises $9M
On Oct. 11, Solana (SOL) users were attacked by hackers via a fake Solana wallet security update.
Hackers were found airdropping NFTs to users masquerading as a new Phantom wallet security update. However, the fraudulent update was a malware designed to steal crypto assets.
Users falling for the fake Phantom update hack saw malware being downloaded from GitHub, which attempts to steal browser information, history, cookies, passwords, SSH keys and other user information.
Samsung’s Knox Matrix uses blockchain technology backing to increase security for all personal smart devices of a user connected to the network.
Tech giant Samsung announced it will utilize blockchain technology to upgrade security protocols for all of its smart devices.
Knox Matrix is its new blockchain-based security solution for “cross-device experiences.” This means the security layer covers all Samsung devices, from smartphones to home appliances, within the network.
Samsung says Knox Matrix will work as an individual's “own private blockchain system,” with all of one’s interconnected devices equipped with the blockchain multi-layered monitoring. This includes electronics such as smartphones but also smart TVs and air conditioners.
The new security upgrade is intended to protect users from exploits of their credentials, while simultaneously making logins more simple.
According to the announcement, all Samsung devices will utilize Knox Matrix and receive a unified SDK, whether they are based on Android, Tizen or another OS.
This comes alongside the company's announcement of its new collaboration with Google to improve multi-smart device experiences in the home.
Samsung Electronics Announces Expanded Partnership With Google To Elevate Smart Home Experienceshttps://t.co/D50NmDtp0v
— Samsung Electronics (@Samsung) October 12, 2022
Samsung has been active in expanding its footprint in the Web3 space.
A blog post from Blockdata on Aug. 16 revealed the company has the most active investor in blockchain-related ventures since September 2021. According to the post, Samsung participated in 13 funding rounds within the industry after a nine-month period.
Related: Security and interoperability, the challenges ahead of Web3 mass adoption
It has recently backed an upcoming Web3 gaming studio, along with Samsung’s Asset Management division launching a blockchain exchange-traded fund in Hong Kong.
The managing director of Samsung Next also spoke out on the importance of building and investing in the Web3 space at this time.
Solana Labs co-founder Anatoly Yakovenko says the tech firm’s new mobile phone aims to bring droves of new users to the crypto world. In a new interview on the Bankless YouTube channel, Yakovenko says that Saga, Solana Labs’ new Android-based Web 3.0-enabled smartphone, aims to make transacting with and managing digital assets “as amazing as […]
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