cryptodailytrading.com

Crypto Eye-Opener: Data Leak Reveals Samsung Galaxy S10 DLT Wallet with a Hole Punch Display

  • Yuri Molchan
    📰 News

    After the first leak of the Samsung Galaxy S10 a while ago, more pictures have found their way onto social media, showing Samsung’s Blockchain KeyStore app


Crypto Eye-Opener: Data Leak Reveals Samsung Galaxy S10 DLT Wallet with a Hole Punch Display
You may also like:
Contents

Pictures of Samsung’s soon to be released Galaxy S10 phone were leaked on the Internet recently, showing that the phone has a digital coin wallet and the Infinity-O (otherwise called a ‘hole-punch’ by the media) display. The photos, which were posted on Twitter, demonstrate Samsung’s Blockchain KeyStore app, which can be used as a crypto wallet – users will be able to import an existing wallet into it or set up a new one.

 


Samsung introduces a new phone

The crypto vault in the IT giant’s new phone model is claimed to enable users to store their crypto securely. The wallet allows its owners to work with major crypto coin Ethereum. It also offers a biometric authentication method.

The official name for the new display is “the Infinity-O”, but the media quickly began calling ‘a hole-punch display’. They were first demonstrated in Samsung A8 smartphones as soon as they started selling in China.

Samsung is competing with another smartphone giant, Huawei, which has also recently released the Nova 4 phone with a ‘hole-punch’ camera in it.

The new smartphone, as can be seen in the screenshots, has an embedded Blockchain KeyStore app that allows storing Ethereum.

👉MUST READ Scammers Steal EOS Funds Via Fake Telos Foundation Website
Scammers Steal EOS Funds Via Fake Telos Foundation Website

Samsung takes a step into Blockchain

A while ago, U.Today reported that Samsung had filed three patents for blockchain products. One of them, the Blockchain KeyStore app, will reportedly be released on the new smartphone. The patents were submitted to the European Union Intellectual Property Office (EUIPO).

Back then, Samsung rigorously denied the information that it had any intentions to present its own crypto wallet on the new Samsung Galaxy S10 smartphone.

Subscribe to U.Today on Twitter,and get involved in all top daily crypto news, stories and price predictions!
👓 Recommended articles

Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader


Bitcoin's April 2 Breakout Was Reportedly Orchestrated by One Trader
You may also like:
Contents

It’s been over two weeks since Bitcoin’s astronomical surge on Apr. 2, but new theories about what might have caused this bullish uptick continue to pop up. According to crypto-oriented analytical firm CoinMetrics, that epic surge was causes by a single trader.

👉MUST READ Bitcoin’s Price Rally Was Accurately Predicted by Anonymous 4chan Poster. $16,000 in October?
Bitcoin’s Price Rally Was Accurately Predicted by Anonymous 4chan Poster. $16,000 in October?

Mammoth-size trades

CoinMetrics claims that ‘a single committed trader’ concocted a plan to push the BTC price, and he successfully managed to do that by picking the time of the day when the global liquidity is at its lowest level.


(Source: CoinMetrics.io)

(Source: CoinMetrics.io)  

The report also suggests that the trader started to execute his plan on HitBTC (500,000 USDT were traded for Bitcoin prior to the price movement). After that, large trades were observed on Coinbase and Bitfinex.      

👉MUST READ This Is the Happiest Bitcoin Investors Have Been Since 2016: Tom Lee
This Is the Happiest Bitcoin Investors Have Been Since 2016: Tom Lee

Focusing on the future

Meanwhile, as reported by U.Today, another theory states that the rapid price surge was triggered by the expiration of the CME futures contracts and heavy spot and over-the-counter buying. One expert went as far as claiming that a simple April joke about the Securities Exchange Commission (SEC) could do the trick.

While no one is quite sure about what could have triggered the short-living rally, there is even a bigger disconnect when it comes to Bitcoin price predictions. While some share their bullish predictions for 2019, another report states that it could take 22 years for Bitcoin in order to match its current ATH of $20,000.

'Bitcoin symbol and graph.Vector illustration.' image by 123rf https://ru.123rf.com/photo_69329295_bitcoin-symbol-and-graph-vector-illustration-.html?term=bitcoin&vti=njv6v7w01tymanucm1-1-82
Subscribe to U.Today on Twitter,and get involved in all top daily crypto news, stories and price predictions!
👓 Recommended articles