TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Gemini partners with Samsung to offer wallet services. Bitmain co-founder confirmed to be ousted by shareholders. CCTip·Ask tipping bot for Twitter launches. Brave Software offers encrypted video calls before Zoom. Libra could boost Facebook ad revenue, according to Mark Zuckerberg. Sberbank will acquire 5,000 ATMs with blockchain features, and WHO denies declaring banknotes could spread coronavirus.
Gemini Partners With Samsung to Provide Crypto Services
Gemini, the regulated US exchange owned by the Winklevoss twins, scored a major win by partnering with Samsung to connect their cryptocurrency wallet services with Samsung phones. Users of the Samsung Blockchain Wallet will be able to access services provided by Gemini directly without users needing to manually move to the interface for Gemini services. Gemini is “proud to be working with Samsung Blockchain to bring crypto’s promise of greater choice, independence, and opportunity to more individuals around the world.”
Bitmain Co-Founder Allegedly Ousted by Shareholders
Micree Zhan, co-founder of Bitmain, the leading mining hardware manufacturer, has been expelled from the company, according to information provided by several posts on the Bitmain Sina Weibo page. The former Bitmain CEO will have to face litigation over whether he decided to interfere with the company or its employees. The expulsion of Zhan was carried by the company’s board of shareholders, which warned employees to ignore Zhan or face legal actions.
CCTip·Ask Tipping Bot for Twitter
— deadalǹ͔͜͡i͎̜͖͗̎͞x̛̳̠̤̥̦̉̊̕̕ (@deadalnix) May 18, 2020
A new tipping bot for Twitter launched recently, CCTip·Ask. It’s a paid Q&A robot service where users on Twitter, Telegram, WeChat, Reddit, and Discord can ask anyone any question and offer a reward for their time. To promote the bot, the company asked a question of Bitcoin Cash developer Amaury Séchet with a bounty set for 0.5 BCH. To read his response, users pay a nominal fee, assuming they’re both intrigued enough by the question and the potential answer. So far, more than 40 people paid to read Séchet thoughts. Based in Hong Kong, CCTip was incubated by the BlockABC team, which has produced the likes of EOSPARK.com and ABCWallet. In addition to BCH, CCTip·Ask supports BTC, TRON, ETH, and DOGE with plans for more in the future, the company told CoinSpice.
Brave Software Rivals Zoom by Offering Free Encrypted Crypto Calls
Our Nightly version for North America now features Brave Together, our private and unlimited video calling service based on open source @jitsinews. Click on the widget & start connecting with friends/colleagues. Feedback welcome at https://t.co/SWLpcAKZDq for this trial version. pic.twitter.com/UPFE13Z0xB
— Brave Software (@brave) May 26, 2020
Brave software, the cryptocurrency browser company, announced a new feature to let two or more users start a video conference for free. The feature is based on an open-source service called Jitsi, providing free and encrypted calls with no account needed. The service is already available for two users, and a more advanced teleconference system is still in testing stages. In doing so, Brave software beat popular video calling platform Zoom, who will debut its encrypted offering this week.
Mark Zuckerberg Believes Libra Could Improve Facebook Ad Revenue
Mark Zuckerberg, CEO of Facebook, shared his opinion on how Libra, Facebook’s cryptocurrency project, could actually help the company make money. During the Facebook annual shareholder meeting, Zuckerberg stated, all “of the commerce work that we’re doing is that you should really think about it in terms of our ads business.” According to Zuckerberg, these ads in the platform could have greater value for companies because users clicking on them will have the means to acquire products with Libra.
Biggest Russian Bank Acquires 5,000 Mining Capable ATMs
Sberbank, one of the most important Russian financial institutions, is spending more than $100 million on 5,000 ATMs with graphics cards supporting “blockchain operations” such as cryptocurrency mining. The order specifies new ATMs should include a “graphic card with support for Nvidia Cuda for OS for image recognition and possible blockchain operability.” However, the bank has not still clarified the reason behind this specification, and experts have speculated this could serve to record operations on an internal blockchain property of the bank.
WHO Denies Declaring Cash Could Transmit Coronavirus
The World Health Organization (WHO) denied ever saying physical banknotes could spread coronavirus. “We did NOT say that cash was transmitting coronavirus. We were misrepresented,” stated WHO spokeswoman Fadela Chaib. The Telegraph published an article stating the WHO called to use contactless payments because banknotes may be spreading the new coronavirus. “WHO did NOT say banknotes would transmit COVID-19, nor have we issued any warnings or statements about this,” Chaib stressed.
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