20/04/19 03:00 UTC-4

A new ZenGo crypto-wallet raised an investment of $ 4 million

Launching a ZenGo crypto-wallet
Launching a ZenGo crypto-wallet

The new crypto-wallet, offering a simple and easy-to-use interface, is preparing to launch after receiving funding in the amount of $ 4 million from several investors. 

A new startup has just raised an impressive $ 4 million in an investment round from several investors, including Samsung, Elron and Benson Oak Ventures.

One of the largest investors was Samsung, the South Korean electronics manufacturer. It is showing an increasing interest in cryptocurrency. After adding a crypto-wallet to their newest Galaxy S10, the tech giant has reportedly become one of the investors for the new ZenGo crypto-wallet.

Interesting in the section: Overview of wallets for storing cryptocurrency


Wallet features

ZenGo boasts a unique cryptographic protocol that makes it unnecessary to write down a secret key and keep it safe. Thus, even the average user can easily use ZenGo.

In addition, this technology uses threshold signatures or multi-signatures to protect the wallet, which requires several parties to initiate a crypto-transactions.

However, the good news is that instead of using the traditional private key, the message is signed by the public key and several secret shares held by the parties involved.

The launch of a new ZenGo crypto-wallet collects an investment of $ 4 million. Speaking of a new product, the CEO of Ouriel Ohayon said: "Sending crypto is like sending a message. This is very personal, and I wanted to make this process safer and less risk."

Editor: Yuliya Soroka

See also: "In Singapore, representatives of 70 countries will talk about cryptocurrency: Binance, CoinMarketCap, Litecoin and others"

#cryptograph #ZenGo #cryptocurrency #investments #wallet



17/05/19 03:00 UTC-4

#DropGold Bitcoin movement is now on American TV channels

​On May 16, it was reported that the popular American TV channels, National Geographic and Fox News, will broadcast a video ad for the DropGold movement. As it became known, the project was financed by Grayscale Investments and Barry Silbert.

03/05/19 06:00 UTC-4

Vitalik Buterin: Ethereum for people!

​On May 3rd, the Ethereum cryptocurrency developer stated that Ethereum coins are intended primarily for ordinary people. According to Vitalik Buterin, cryptocurrencies should become easier and more reliable.

Hypes, funds, fiat money