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#CryptoCorner: #Samsung Pay Could Introduce #Crypto Wallet for Galaxy S10, #Binance's BitTorrent Token Sale Sells Out Within Minutes

January 29th #CryptoCorner and Podcast sponsored by Crypto payment tech, #Flip @FlipToPay ($NXTD) and Genesis Exchange and Wallet App @GenesisBlockch

 

Point Roberts, WA and Delta, BC - January 29, 2019 (Investorideas.com Newswire) Investorideas.com, a leader in crypto and blockchain investing news, in partnership with Fit Pay, Inc.'s (subsidiary of NXT-ID (NASDAQ: NXTD) crypto payment tech, Flip and the Genesis Exchange and Wallet App bring you today's edition of the Crypto Corner podcast and commentary on what's driving the cryptocurrency market.

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#CryptoCorner: Samsung Pay Could Introduce Crypto Wallet for Galaxy S10, Binance's BitTorrent Token Sale Sells Out Within Minutes

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Crypto Corner

Samsung Pay Could Introduce Crypto Wallet for Galaxy S10, Binance's BitTorrent Token Sale Sells Out Within Minutes, Swiss Company Tangem to Issue Physical Tender for Marshall Islands' Digital Currency and Saudi Arabia and UAE Joint Digital Currency Statement

Stocks discussed: (KSE:005930)

The Korea Herald reports that Samsung Electronics' (KSE:005930) mobile payments platform, Samsung Pay, could introduce a cryptocurrency wallet system. Samsung's Galaxy S10 is expected to feature the crypto wallet and the article argues that with the massive popularity of that phone, it could "spur the use of the virtual currency wallet system." The article quotes an unnamed industry official:

"The arrival of the new Samsung phones could start popularization of the crypto currency wallet system in Korea."

CoinDesk reports that crypto exchange Binance's sale of BitTorrent Tokens (BTT) sold out in a matter of minutes. 59.8 billion BitTorrent Tokens, each valued at $0.00012 during the sale, went for a total of $7.2 million in two separate sale sessions. One sale sessions was for buyers using TRON's TRX, and the other for those using Binance Coin (BNB). TRON CEO Justin Sun tweeted:

It is official: In the BNB session, all 23.76 billion BTT were sold to token sale participants within 13 minutes and 25 seconds. Meanwhile, in the TRON session, all 35.64 billion BTT were sold within 14 minutes and 41 seconds.

Swiss smart card wallet firm Tangem will produce physical banknotes of the Marshall Islands digital currency, the Sovereign (SOV). According to the press release, Tangem will issue physical Sovereigns "to ensure all citizens of the Marshall Islands have fair and equal access to their digital currency, whether or not they have internet connection". The Sovereign will be the world's first decentralized national digital currency and will join the US dollar as the Marshall Islands' official currency once launched. David Paul, Minister-in-Assistance to the President of the Marshall Islands, commented on working with Tangem:

"We are excited to bring in Tangem as another reputable and forward-thinking partner on our journey to create the world's first sovereign digital currency. Tangem will help us ensure all citizens, including those living on more remote outer islands, are able to easily and practically transact using SOV."

A statement from the Saudi Press Agency discusses the ABER project, a common digital currency endeavor between Saudi Arabia and the United Arab Emirates (UAE). According to the Saudi Arabian Monetary Authority (SAMA) and the United Arab Emirates Central Bank (UAECB), ABER will be launched "on a probational basis" for "exclusive use by a limited number of banks in the two countries".

Sam Mowers, Investorideas

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Investorideas.com - NXT-ID Inc. (NASDAQ: NXTD) Subsidiary Fit Pay Flip<sup>TM</sup>

Flip™ is the creation of Fit Pay, Inc., a leading provider of cutting edge payment technology and a subsidiary of NXT-ID (<NASDAQ: NXTD). By leveraging the FitPay Payment Platform™, Flip enables cryptocurrency holders to seamlessly exchange their cryptocurrency for US dollars and store that value on a contactless payment device that can be used to make purchases at millions of retail locations. https://www.fliptopay.com/

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GBT is a powerful cryptocurrency centralized / decentralized exchange which will include a broad range of services and benefits from cryptocurrency and blockchain markets development, while avoiding complications and risks arising from crytocurrency ownership, transfer, and exchange. You can Download the Genesis Exchange and Wallet App at Google Play and on the Apple App Store. Learn more at http://www.mygenesis.io


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