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Cardano [ADA]’s Yoroi light wallet makes it to the Mainnet launch

Priyamvada Singh

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Cardano [ADA]'s Yoroi light wallet makes it to the Mainnet launch
Source: Pixabay

Recently, Charles Hoskinson, the Co-founder of IOHK and Creator of Cardano wrote on Twitter that Emurgo’s Yoroi has launched on the Mainnet. In the month of August, Hoskinson and the team made the announcement about an upcoming light wallet for Cardano known as Yoroi.

Charles Hoskinson's Twitter comment | Source: Twitter

Charles Hoskinson’s Twitter comment | Source: Twitter

During the announcement, Hoskinson also stated that the wallet will have a small gap between its Testnet and Mainnet launch. Moreover, the wallet is an extension on Google Chrome and is a hard fork of IOHK’s Icarus.

According to the official website, the Emurgo team claims that the wallet is “secure, fast, and simple”. More so, the website has provided a roadmap for the project that says that Yoroi will have more languages, support for other browsers, hardware wallet integration, export transactions to Excel and native mobile apps for iOS and Android by the fourth quarter of 2018. For 2019, stake pool is just an advancement promised by the roadmap.

However, NostrADAmus, a Twitter user and a Cardano follower pointed out an error in the process and commented:



“I stood up all night to witness @YoroiWallet birth…. 4.30AM ….
No extension.
The @YoroiWallet website is full of 404 …. (try to refresh any page other than the home page and you will see this 404.
Hey @emurgo_io your are destroying the whole project image once again.”

Mikey Jr., another blockchain enthusiast and Cardano follower responded:

“I guess it’s not fully launched yet (was supposed to be within 24hrs and it hasn’t been 12hrs yet).”

At press time, ADA is trading at $0.0849 with a market cap of $2.2 billion. The price is currently in the red zone with a change of 0.29%. The 24-hour trading volume is observed to be $49.7 million.





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Priyamvada is a full-time journalist at AMBCrypto. A graduate in Journalism & Communication from Manipal University, she believes blockchain technology to be a revolutionary tool in advancing the future. Currently, she holds no value in cryptocurrencies.

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Guest Author

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Tether’s [USDT] market capitalization hits all-time high, Facebook in talks with Winklevoss twins, trading firms over new cryptocurrency and more

Daily Crypto News – May 25

1) Bitcoin Wallet receives part of 5,000 BTC: A recent Whale Alert highlighted a transaction on May 24, where a large sum of Bitcoin [BTC] exchanged hands between two anonymous wallets. According to the alert the transaction took place at 22:13:23 + 1 minutes and 5,000.00001092 BTC was transferred from an unknown wallet, with address 19SiCYaYKZh9A8HUjuh14eg5wtYzKxiFbB, to another unknown wallet with address 14GcjGjxwadzcpmq9EG3KUgTKATjurbnWt.

Read more at https://bit.ly/2VRQwb0

2) Bitwise Report 2.0: Bitcoin [BTC] futures continues growth: On a month-on-month basis, Bitcoin Futures saw a massive bump in April trading at an average of 10,000 contracts daily, peaking on April 4, with over 22,000 contracts traded. To put that number in perspective, in March 2019, the average contracts traded was less than 4,000. Despite the high standards set in April, the average daily contracts traded in May, with 25 days gone has exceeded 14,000 and still looks to grow, given the price performance of Bitcoin.

Read more at https://bit.ly/2W40sTR

3) Craig Wright on private keys: Craig S Wright has, for years, claimed he is the true creator of Bitcoin [BTC] without providing a shred of evidence to support the same. With the crypto-community levelling, Wright could prove his worth by sending BTC from Satoshi Nakamoto’s touted wallet containing around 980,000 BTCs, the BSV man in a twisted cause and effect situation, stated he will “sign” into his wallet only when he proves he is the creator.

Read more at https://bit.ly/2X6fdlw

4) Tether’s [USDT] market cap hits ATH: Tether and Bitfinex are being closely scrutinized now more than ever due to the NYAG’s lawsuit; however, the scrutiny doesn’t seem to have affected Tether as the market cap of USDT has increased by over $100 million in approximately 70 days.

Read more at https://bit.ly/2McaTjE

5) Tether volume shift: Another controversial topic in the cryptocurrency industry was the issue of fake transaction volumes on many of the popular cryptocurrency exchanges. The magnitude of the topic was so large that even Changpeng Zhao, the Chief Executive Officer [CEO] of Binance had raised red flags. This topic and Tether as a whole received another twist when Larry Cermack, the Director of Research at The Block, pointed out a few parameters when it came to the said volume.

Read more at https://bit.ly/2wmk4mJ

6) Bitfinex’s LEO tokens listed on Delta Exchange: Bitfinex’s Leo tokens faced quite a lot of criticism when they were announced, due to the missing $850 million funds from Bitfinex. The private investment round by Bitfinex also faced a lot of heat from the media. However, in a recent development, Leo tokens are being listed on various exchanges for trading.

Read more at https://bit.ly/2HUEnNB



7) Robinhood en-route a projected valuation of $7 billion: Robinhood, the California-based cryptocurrency exchange made headlines recently when a source close to the organization revealed that it was on the verge of closing their latest round of funding at a valuation of a whopping $7 billion – $8 billion. Sources even claimed that the current round of funding could act as a precursor to an even bigger round of funding, which would pit Robinhood with the bigwigs like Coinbase and Binance.

Read more at https://bit.ly/2W64KKj





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