BlockEQ acquired for $12MM CAD

“Coinsquare and BlockEQ will be working towards launching a huge number of crypto assets together, none more notable in the short term than an upcoming Coinsquare Stable Coin.” - Coinsquare

WALLETS

BlockEQ acquired for $12MM CAD

Coinsquare - a Canadian cryptocurrency exchange - acquired Stellar wallet BlockEQ. BlockEQ will remain a separate entity and will work with Coinsquare to launch Coinsquare’s upcoming stable coin.‬ Link

CUSTODY

BitGo Adds Lumens

BitGo - a multsig and custodial wallet provider - officially announced support for lumens as well as federated addresses. Link

NEWS

Recent proposals involving the use of data entries have inspired debate over whether data entries should be used or deprecated. Link

Pigzbe launched a Kickstarter for their hardware wallet. Link

LendLedger's marketplace is now live on a private Stellar blockchain. Link

WEEKLY GIF

A basic wallet security tactic is to spread your assets across 2+ wallets on a spectrum from secure to accessible:

Cold Wallet - a more secure but harder-to-access place to store your secret seed
Hot Wallet - a less secure but more accessible place to store your secret seed

- Kyle

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This is not financial or legal advice.

Lumenauts.com is not associated with the inflation pool with a similar name.

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