Samsung, Binance, Anchorage, Flexa, litecoin

Fibo Quantum

– Samsung has released a beta version of ethereum blockchain-based SDK
– Binance reduced the number of confirmations required for deposits & withdrawals of BTC and ETH
– Anchorage has raised $40 million in a Series B funding round
– Flexa has added LTC as the fifth crypto accepted by merchants on its payment network

South Korean electronics giant Samsung has released a beta version of ethereum blockchain-based software development kit (SDK), which provides “a full set” of functions that are required to build decentralized apps (dApps).

The kit currently supports five devices: Galaxy S10e, S10, S10+, S10 5G and the Galaxy Fold.

***

Binance reduced the number of confirmations required for deposits and withdrawals on BTC and ETH networks.

For bitcoin, 1 block confirmation required for deposits (down from 2 block confirmations previously) and 2 block confirmations required for withdrawals.

For ethereum and related ERC-20 tokens, Binance said 12 block confirmations are now required for deposits and withdrawals – that’s down from the previously required 30 confirmations.

***

Anchorage, a startup that secures cryptocurrency holdings for institutional investors, has raised $40 million in a Series B funding round.

The company said the round was led by Blockchain Capital, Visa and Andreessen Horowitz. Anchorage has now raised $57 million in total funding since 2017.

***

Flexa, a New York-based blockchain payment startup, announced that it has added litecoin (LTC) as the fifth crypto accepted by merchants on its payment network (in addition to BTC, ETH, BCH, GUSD).

Following the listing, litecoin is now accepted as payment at more than 39,000 locations across the US.

Wood Profits Banner>