New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs

New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs

XDEFI has released its rival to the popular crypto wallet MetaMask which reported more than 10 million active users in August.

Last month, XDEFI Wallet raised $6 million led by Mechanism Capital and Defiance Capital, with other investors including Alameda Research, Sino Global, and Animoca Brands.

Now it has announced the public release of its non-custodial, cross-chain wallet built with a focus on decentralized finance (DeFi) and non-fungible tokens (NFTs).

This week, the team unveiled XDEFI Wallet 7.0 and introduced the Ape Mode for the apes and degens of crypto.

The wallet uses a proprietary gas algorithm to ensure that even during times of congestion, transactions get into the next block timely, says the team.

It is also optimized for EIP-1559 allowing “users the maximum benefit from Ethereum’s London hard fork while still maintaining an accessible interface.” By adding a network activity section in-app, it reduces reliance on third-party sites. ETH 3.35% Ethereum / USD ETHUSD $ 3,608.86
$120.903.35%
Volume 16.15 b Change $120.90 Open $3,608.86 Circulating 117.91 m Market Cap 425.53 b
7 h New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs 11 h US Dollar Hits One-Year High But Bitcoin No Longer Holds an Inverse Correlation with it 1 d BSC Is Back in the Game as Binance Announces $1 Billion Incentives Program to Pump the Ecosystem

While the wallet already offers access to chains like Terra (LUNA) and THORChain (RUNE), which are not available on MetaMask, support for other popular blockchains like Solana (SOL) and Avalanche (AVAX) along with layer 2 solutions like Arbitrum will be added along the way. LUNA 2.38% Luna Coin / USD LUNAUSD $ 0.01
$0.002.38%
Volume 0 Change $0.00 Open $0.01 Circulating 1.71 m Market Cap 12.73 K
7 h New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs 5 d AnySwap and Aave Fork Geist Finance Send Fantom TVL Past $9 Billion, FTM Makes a New ATH 1 w Shift to Risk-on: Bitcoin Is Up 12% Already in Uptober Amidst Stock Market Weakness
RUNE 1.10% THORChain / USD RUNEUSD $ 7.33
$0.081.10%
Volume 47.74 m Change $0.08 Open $7.33 Circulating 224.41 m Market Cap 1.65 b
7 h New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs 3 w DeFi Autumn after Solana Summer? Traders Still Short as Bitcoin Jumps to $48k and Ether to Nearly $3,700 1 mon DeFi Rallies Towards New Highs As Multiple Layer 1 Blockchains Amaas $50 Billion in TVL
SOL -2.60% Solana / USD SOLUSD $ 148.26
-$3.85-2.60%
Volume 2.07 b Change -$3.85 Open $148.26 Circulating 299.9 m Market Cap 44.46 b
7 h New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs 1 d NFT Deposits and Withdrawals are Now Live on FTX US for Institutional Favorite Solana (SOL) 1 d Institutions Are Back to Pouring Money into Bitcoin as a “Perfect Storm” Brews for the King
AVAX 1.39% Avalanche / USD AVAXUSD $ 55.04
$0.771.39%
Volume 651.96 m Change $0.77 Open $55.04 Circulating 220.29 m Market Cap 12.12 b
7 h New Non-Custodial, Cross-Chain Browser Wallet to Compete with MetaMask by Focusing on DeFi and NFTs 1 d BSC Is Back in the Game as Binance Announces $1 Billion Incentives Program to Pump the Ecosystem 5 d AnySwap and Aave Fork Geist Finance Send Fantom TVL Past $9 Billion, FTM Makes a New ATH

As for NFTs, the wallet offers automatic detection and a drag-and-drop NFT display grid.

Users can also buy crypto directly within the XDEFI Wallet, for which it claims not to charge a fee.

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Author: AnTy

Gemini And Brave Browser Integration Suffer Hiccups At Launch

Brave Browser’s, the privacy-oriented web browser, recent integration with the US crypto exchange suffered a few hiccups at launch.

Problems to Work Out

Brave Browser’s move to integrate with Gemini has been applauded by many crypto experts, considering that BATs haven’t exactly had much of a purpose – other than to reward people for viewing ads on the Brave browser. Partnering with a major exchange and expanding functionality are two surefire ways to increase adoption for an asset.

Despite the rationale behind this integration, its rollout has also been quite shaky. Earlier today, several Brave Rewards users posted complaints about the integration, with some claiming that their wallet balances immediately went to $0 after they synced both accounts.

An administrator eventually posted a plea message, asking customers to be patient as they suffered from high transaction volumes and lagging transactions. The administrator added that all funds are safe and that the developers are working on a quick solution.

BAT Users Can Now Sync With Gemini Accounts

Earlier this week, the Gemini exchange announced that it had partnered with Brave to allow users to deposit the latter’s Basic Attention Tokens (BAT) straight to its wallets. In an announcement, Gemini explained that BAT holders will now be able to deposit the BATs they earn directly into their Gemini wallets.

The announcement explained that this new move marks another phase of the partnership between Brave and Gemini, which started last year. At the time, Brave Creators were given access to dedicated crypto wallets, while Gemini also added its Gemini Trading Widget to the Brave browser itself. With the new integration, both partners are allowing BAT holders to do even more.

“Once you connect your Brave Rewards wallet to Gemini, you can spend your BAT with Gemini Payat participating retailers. Customers in the U.S. and Singapore can also move BAT into Gemini Earn and earn up to 3.49% APY* on their holdings,” the announcement explained.

At the same time, users will be able to link their Brave Rewards wallets to both new and existing Gemini accounts. One Gemini account will be able to connect up to four Brave Rewards wallets. When a user gets a BAT payout, the funds are immediately sent to their Gemini account deposits.

The integration is designed to make it easier for Brave Rewards users to get their BAT and use them. Instead of just converting the tokens for cash now, they can be traded on Gemini for several other coins or used for other purposes.

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Author: Jimmy Aki

Privacy-Focused, Brave Browser Launches “Anti-Tracking” Search Engine

Privacy-oriented browser Brave is extending its “privacy to all” goal with the launch of Brave Search, expected to rival Google Search and Microsoft Bing. Brave Search launched its beta version on Tuesday, allowing Brave users and other browser users to enjoy an “in-breed privacy-preserving search engine.”

Brave Search promises users full control of their online experience and enhanced privacy. Built on a fully independent index (rather than integrating Google’s or Microsoft index), the search engine does not track users, searches, or clicks, the statement by Brave reads.

The search engine is a product of Tailcat, a search engine developer acquired by Brave in March. Since the acquisition, the test and beta platforms have been tested by over 30,000 unique users monthly – as Brave continues to close in on Google’s massive user base. This boosted the total monthly active users on the browser to 32 million users, a 28% rise since the Tailcat acquisition.

Brave Search follows the recent launch of a privacy-preserving news search engine, Brave Today, aiming to topple Google News’ dominance.

Over the years, Brave browser has grown as the privacy-focused browser across the globe by ensuring data privacy and independence of users is fully respected, Brendan Erlich, CEO, and co-founder of Brave, stated. Erlich said in the statement,

“Unlike older search engines that track and profile users, and newer search engines that are mostly a skin on older engines and don’t have their own indexes, Brave Search offers a new way to get relevant results with a community-powered index, while guaranteeing privacy.”

Brave Search will use an independent index to ensure maximum privacy, ensuring a fully anonymous, transparent search. Additionally, the engine will also introduce a search independence metric – “a ratio of results exclusively from Brave’s search index.” While Brave still works to build its search results, some results will be fetched from third-party search engines, but no user tracking will take place, the statement further reads.

At launch, Brave Search beta is available on all Brave browsers (iOS, Android, and browser versions) in addition to the already available search engines. Users on other browsers can also use the privacy-search engine at search.brave.com. The beta platform will not include any ads, but users will select ad-free paid search and ad-supported free search engines once the mainnet launch is complete.

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Author: Lujan Odera

Brave Browser Launches News Recommendations Engine that Protects Users’ Privacy

Privacy-centric browser, Brave, announced the launch of Brave Today, a new privacy-preserving content stream, aiming to offer news recommendations without using users’ data. Instead, the platform uses an algorithm to rank stories with several factors, such as the publishing date and browser history.

Nearly every social networking app recommends content, whether YouTube videos, Spotify music, or Google News. The feature, which is popular on most websites and apps, uses recommendation algorithms mainly focusing on your online behavior.

According to a release from Brave, the newsreader will preserve users’ online privacy by sourcing content from popular RSS feeds using a custom algorithm using different factors. The statement reads,

“This stream is designed to help people discover interesting new content throughout the day while respecting the user’s privacy.”

“By using Brave’s new private CDN to deliver RSS feeds to the browser anonymously, there is no data trail available for third parties to collect or track.”

The stream will allow readers to choose from up to 15 categories of news, including global news, business and finance, sports, fashion, food, lifestyle, tech, and crypto news. Users will also be able to customize their own news streams on Brave Today.

According to the statement, Brave is looking to beat top browsers such as Chrome and Safari via the new framework that bypasses checking users’ private browsing information. Using the Federated Learning with Privacy, a technique to improve machine learning while maintaining the data on the local device, Brave Today will keep users’ data away from third parties (including Brave), which suggests news stories.

The privacy-enabled news stream will be supported by two exclusive offerings at launch – Brave Offers and Brave Promoted Content. The former launches a marketplace on the browser that allows users to indulge in e-commerce while curating their shopping experience across various “deals of the day” promotions.

The Promoted Content stream will focus on advertisements and influencing brands as part of the Brave Ads campaign. The product is yet to launch to the wide market.

“It [Promoted Content] provides brands and media partners with a new unit to promote relevant content seamlessly to Brave Today readers.”

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Author: Lujan Odera

Brave Acquires Open Search Engine, Tailcat; Breaking Away From Google’s Prying Eyes

Popular privacy-focused web browser Brave has bought out Tailcat, an open search engine, in its efforts to launch a private search engine.

On Wednesday, Brave announced the acquisition of Tailcat, an open search engine that was created by the team that was behind the Cliqz anti-tracking search-browser combo. Cliqz, now defunct, operated under Hubert Burda Media, exited the browser and search space in May last year.

As per the announcement, Tailcat will be used as a base for the much expected Brave Search. The Brave Search will be an inbuilt search engine that is developed to allow private and transparent surfing.

Brendan Eich, Brave co-founder, and CEO explained that the company is focused on launching Brave Search before the end of summer 2021.

“Brave is now working on integrating this technology and making it available to all as Brave Search, first via early access for testers, and then for general availability by this summer.”

At the moment, Brave browser highly depends on a number of external search engines, giving its clients a choice to use popular search engines such as DuckDuckGo that is also privacy-focused, and Startpage, and also the mainstream search engines such as Google. Brave claims that almost “all of today’s search engines are either built by, or rely on, results from Big Tech companies.”

On the other hand, Tailcat is developed on top of a fully independent index whereby it will not collect IP addresses and other personal information and data aimed at enhancing the search results. Eich explained that Tailcat engineers have been developing a privacy-focused search engine over the last seven years till Cliqz ceased operations. As part of the acquisition deal, the Cliqz development team will now move to Brave. The dev team is headed by Dr. Josep Pujol, who hailed the deal as a major breakthrough in offering an alternative to the Big Tech dominance.

The acquisition comes days after Brave announced a major achievement in its efforts to enhance its browser adoption. Brave doubled its monthly active client base from 11 to 26 million.

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Author: Joseph Kibe

Opera Browser Partners With Payment Processor Simplex; Allows Users to Buy Crypto with Fiat

Opera Browser Partners With Payment Processor Simplex; Allows Users to Buy Crypto with Fiat

  • Renowned browser, Opera, has partnered with crypt-fiat solutions offeror, Simplex, to promote the adoption of cryptos via allowing direct in-browser buys.
  • Opera users will henceforth be allowed to buy cryptos directly from the browser after integrating with the Israeli-based crypto-fiat processor Simplex. The partnership will also allow Opera users to create crypto wallets for storage of the newly-bought digital assets.

Simply known as crypto on-ramp, the service allows users to use their fiat to purchase crypto and is helpful for fresh crypto users. The new deal comes on the heel of various financial institutions now using Bitcoin and other cryptos and the prices going up in the recent past.

Simplex marketing head, Rachel Siegman, explained that the partnership with Opera, one of the most popular browsers in the world, will make on-ramping widely accessible which is a plus for the crypto space. Siegman explained,

“Current Opera users can onramp using their debit or credit card with Simplex and Simplex users can now use the secure and instant payments on Opera.”

Simplex was started in 2014 and prides itself as a firm that has been altering the status quo when it comes to crypto on/off ramps. The firm said it is determined to enhance the mass adoption of cryptos.

Simplex explained that the partnership with Opera comes at a time when retail investors are yearning for simple ways of entering the crypto industry after an impressive bull run that has caught the world by surprise. Siegman stated that now retail users can open a wallet without the need of leaving the browser, purchase their digital assets, sell, or hodl. She explained:

“Now Opera users can access Simplex’s extensive range of supported cryptocurrencies from within the browser wallet itself, and move between fiat and cryptocurrency with ease, enjoying competitive rates.”

Recently, Simplex hit another milestone after being added as a principal member of Visa within the Eurozone. This means that the firm can now provide fiat to crypto services to individuals that want to use their crypto for regular payments.

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Author: Joseph Kibe

Privacy Browser Brave Unknowingly Leaked Users’ Dark Web Activities: Researchers

Privacy-oriented web browser Brave has been leaking users’ web data for months unknowingly through a bug in its code. The bug named Support CNAME, which was incorporated into its Tor mode offering had been sending user data to local network providers without the company knowing.

Leaked DNS Requests

Tor mode on Brave Browser allows users to access hidden services better known as .onion dark web domains while using Brave’s private browsing windows. The feature, which was added in 2018, was created to ensure increased privacy for Brave users while surfing the web.

But in recent research revealed on Friday for the Brave stable build, a Reddit user said Brave’s Tor mode was re-routing web queries for .onion domains to public internet domain name system (DNS) resolvers rather than designated Tor nodes.

Although the claims were initially refuted, other security experts confirmed the issue and asked the privacy browser to do something about it.

A DNS leak occurs when a request that should be sent through a private network arrives at a DNS server unprotected. The DNS server is likely your local network provider who will likely collect, evaluate and possibly sell the data. A DNS leak also leaves a trail that can be traced by government officials, hackers, or anyone with top-level security clearance.

To address this sort of issue, the Tor network was created in 2002. This network directs your web traffic through myriads of nodes, hiding the location you are searching from and protecting against network surveillance and traffic analysis.

Brave Browser has subsequently addressed the issue and released a formal fix for the erring bug the same day the data leak was discovered. The company said it first found the CNAME bug in its Brave Nightly build which developers mainly use. The issue was fixed on Feb. 4, and it proceeded to look into the stable build. It delayed the fix because it looked for other likely bugs that may result from the data leak.

The company has advised users genuinely concerned about their privacy to use the Tor network instead.

Brave’s User Community Grows By 130%

But despite what might seem like a bad deal for the ads blocking browser, Brave browser has enjoyed some measure of success in 2021. In a published report, the privacy portal said it has seen its user community increase from 11.6 million to 25.4 million as of Feb. 2 reflecting a 130% increase.

The Brave browser is sometimes compared to the famous Tor network due to its privacy-centric business model. Its Tor mode deployment in 2018 has seen it become a household name in a few short years.

The Chromium-based browser also rewards its users a basic attention token (BAT) for accepting to view ads. These digital tokens can then be exchanged for other crypto-assets or given to content creators through its in-built wallet.

With the idea of privacy becoming a much-discussed topic in the last decade, Brave may continue to find itself in business for a long time to come.

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Author: Jimmy Aki

Brave Crosses 25M Monthly Active Users; Privacy Browser Continues Growth Trajectory

The number of active monthly users on Brave Browser has surged over the past year. The service is also seeing significant gains with its Brave Ads program.

Brave Browser enjoyed significant growth in 2020, capitalizing on the increasing focus on privacy to hit new milestones. The privacy-centric browser doubled its user base in 2020, setting itself up for possibly more gains in 2021.

Privacy Focus Benefits Brave

According to a press release, Brave explained that its monthly active users jumped from 11.6 million to 25.4 million last year, per its press release. Daily active users jumped similarly, moving by 126 percent from 3.8 million to 8.6 million. The number of verified content creators on the platform passed one million for the first time.

Brendan Eich, the company’s co-founder and chief executive, explained that the increase in its user base represented the increased desire for people to escape the “surveillance economy.” He explained in the release,

“25 million people have made the switch to Brave in order to protect their privacy and to regain control of their browsing experience. Users are realizing that a new way to browse the Web is just one click away with a seamless Brave download and that they can opt-out of the surveillance economy and instead get rewarded for browsing.”

Eich believes the company’s growth would continue, citing the increased influence of Big Tech companies on the internet landscape. With these firms showing a propensity for collecting user data, Brave will be there to provide a viable alternative.

Building Its Ecosystem

Brave has been doing a great deal of work to improve user security. In July, it partnered with Guardian, a VPN, and firewall service provider, to improve its iOS customers’ security.

The partnership saw the two companies capitalize on their strengths, Brave’s privacy-focused browser, and Guardian’s firewall and VPN offering. Brave’s iOS users can now turn on the Brave Firewall + VPN service in one click, protecting their devices from trackers.

However, the company has also been able to make significant strides in its Brave Ads program. The program allows users to opt-in to watch ads in exchange for the company’s native token Basic Attention Token (BAT).

Last year, Brave pointed out that several top crypto firms had signed up for its ads program. These included stock trading app eToro and crypto lending firm BlockFi.

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Author: Jimmy Aki

Privacy Browser Brave Partners With Top Blockchain Game, Splinterlands; Will Accept BAT

Brave, the privacy-centric browser, has partnered with one of the top crypto card games, Splinterlands. The partnership would see both the companies advertise for each other and collaborate on marketing initiatives. Splinterlands game would integrate Brave’s native token allowing players on its platform to earn credit using BAT tokens while Brave will promote the crypto game on its browser.

Brave will become the official browser for the crypto card game Splinterlands, which is a blockchain-based game built on the Hive Network (moved from Steem). The marketing campaign would also suggest Brave users try the popular card game. Along with becoming the official web browser for the game, the privacy-centric browser will also advertise the crypto game showing ads to users who have opted for the option.

Brave made the partnership official and tweeted about the same from it’s Twitter handle, saying,

Brave Boasts of 19 Million Active Monthly Users

Brave browser has gained both in popularity and user growth over the years and especially in 2020. The privacy browser reported 15 million active monthly users in June, which has grown to 19 million today. The leap is quite significant given it’s comparatively new, and in just 10 months, it has almost doubled the number of active monthly users from 10 million reported in December 2019.

The privacy-centric browser has not just seen a significant bump in the number of active users, but also partners. Today, it boasts of some of the top crypto firms as its partner, which include Gemini and Binance, the top crypto exchanges. Along with crypto partners, its popularity saw a bump when Joe Rogan, the most successful podcaster, announced that he has been using Brave for quite some time now, a couple of months ago.

Brave’s soaring popularity could be attributed to its product design. It blocks any third-party advertisement, which keeps all the users browsing data safe and secure. On the other hand, those who opt-in for the Brave’s advertisement are rewarded in the native token BAT.

Splinterlands is rated as the top blockchain collectible game by DappRadar, with the highest number of players playing the game in the past 24 hours.

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Author: Hank Klinger

Brave Adds Gemini Trading Widget; Privacy-Focused Users Can Buy Crypto Directly In the Browser

Brave browser has added a Gemini Trading Widget to its main interface, a move that will allow the users of this privacy-focused browser to access Gemini’s crypto listings without a hustle. According to the announcement by Brave, their partnership with Gemini is a significant step in making crypto purchases, sales, storage, and rewards more interactive at a basic level.

Notably, Gemini’s Trading Widget is not the first to be integrated with Brave; the browser had already featured a Binance Widget that has been functional since April.

A Brave Opportunity in Crypto!

Following a successful pitch based on privacy, Brave has been on the rise, with its number of active users increasing every quarter since the start of 2020. The latest stats from June show a monthly active usage of 15 million while daily active users stood at 5.3 million. Interestingly, this browser is also crypto-friendly and runs its own token-based ‘BAT’ reward ecosystem for viewing ‘privacy ads.’

The addition of Gemini’s Trading Widget, which was originally testest on the Nightly version, comes as no surprise to the crypto community, given the crypto exchange listed BAT tokens a few months ago. This widget is pretty seamless and accessible on Brave’s opening tab; users just need to connect to their Gemini accounts, after which they can use Gemini’s card on the Brave interface to initiate trades and manage their accounts as well.

Other than crypto trading activities, the collaboration will enable Brave-verified content creators to leverage Gemini’s content creator wallet to custody their BAT rewards.

“That means Brave creators can receive their BAT payments into their Gemini Creator Wallet, or in any other fiat or crypto asset supported on Gemini’s Exchange.” Reads the blog.

While the integration with crypto networks seems to be going smoothly, Brave has encountered its fair share of challenges with a recent call out for profiting from affiliate company links. The company’s CEO, Brendan Eich, however, apologized and reassured Brave users that they would no longer alter links automatically.

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Author: Edwin Munyui