Daily Crypto News 05.09.2019.

Samsung Launching Yet Another Blockchain-Friendly Smartphone 

South Korean electronics giant Samsung is said to be launching yet another blockchain-friendly smartphone, dubbed “KlaytnPhone,” as a Galaxy Note 10 variant.

The smartphone will come with a cryptocurrency wallet and blockchain apps installed, and is expected to go on a sale starting today in South Korea only, The Wall Street Journal reported Thursday.

Per the report, KlaytnPhone, named after Kakao’s blockchain subsidiary GroundX’s blockchain platform Klaytn, will have Klaytn logo when it is turned on or off.

The smartphone is expected to be sold at around $1,000. Buyers will also reportedly get a certain amount of “Klay” tokens, the native token of Kalytn. (Neutral)

Gemini Hires Former Morgan Stanley Exec

Cryptocurrency exchange Gemini has hired Noah Perlman, a former executive at financial services giant Morgan Stanley, as its new chief compliance officer.

Perlman joined Gemini after 13 years at Morgan Stanley, where he worked as global head of financial crimes and global head of special investigations.

The announcement said Perlman had “firm-wide, legal and compliance responsibility for the governance, oversight, and execution of the firm’s anti-money laundering, sanctions, anti-boycott, anti-corruption, and government and political activities programs.”

He also worked as an assistant United States attorney at the U.S. Attorney Office of the Eastern District of New York and as division counsel at the Drug Enforcement Administration prior to joining Morgan Stanley. (Neutral)

Rainforest Charity Launches Crypto Appeal to Help Protect Amazon

The Rain Forest Foundation, founded in 1987, announced today a campaign to fight the Brazilian forest fires with the help of the crypto community. Although the Foundation has accepted crypto for years—and even developed their own, BitSeed, in 2014–the Brazilian fires has given the Foundation a new impetus for embracing the crypto community.

Deforestation is up 278% from a year ago last July with the number of forest fires doubling between January and August 2018 to 2019, according to the Rain Forest Foundation. The Foundation is seeking up to $100 million to combat the fires. The Foundation did not set a goal-specific funding goal, however.

Executive director Suzanne Pelletier said old school philanthropy isn’t making the cut, necessitating new donation and community activity methods. The crypto community’s ability to think outside the box spurred the new campaign.

“[Crypto is] filled with people that are thinking differently and trying to change the rules of the game. It’s so slow and so bureaucratic to raise support from foundations. It’s going to be too late. We don’t have enough time,” Pelletier said.

As of now, the Foundation accepts donations in bitcoin, ethereum, litecoin, and bitcoin cash. The foundation is also working with bitcoin donation firm The Giving Block on the project. The Foundation is looking for crypto communities to sponsor Foundation projects and raise awareness, in addition to donating crypto. (Positive)

Posjetite našu Mjenjačnicu kriptovaluta

  • brza i izravna konverzija kriptovaluta za fiat valute i obrnuto
  • jednostavna i kvalitetna usluga prema standardima FIMA brenda
  • povjerenje temeljeno na dugogodišnjem iskustvu i rezultatima

Pin It on Pinterest

Share This