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Jack Dorsey’s company, Block, launches Bitkey Bitcoin hardware wallet

Block, led by Jack Dorsey, introduces Bitkey, a $150 Bitcoin hardware wallet. The wallet is currently available for pre-order in over 95 countries including US, UK, Nigeria, and India. Customers won’t receive their hardware devices until 2024. In a groundbreaking move, Block, spearheaded by former Twitter CEO Jack Dorsey, has unveiled Bitkey, a secure and…


  • Block, led by Jack Dorsey, introduces Bitkey, a $150 Bitcoin hardware wallet.
  • The wallet is currently available for pre-order in over 95 countries including US, UK, Nigeria, and India.
  • Customers won’t receive their hardware devices until 2024.

In a groundbreaking move, Block, spearheaded by former Twitter CEO Jack Dorsey, has unveiled Bitkey, a secure and user-friendly Bitcoin hardware wallet.

Priced at $150, Bitkey is available for pre-order in over 95 countries, marking a significant stride in global accessibility. This strategic move aligns with Dorsey’s steadfast commitment to advocating for Bitcoin and its transformative potential in digital transactions.

We’re excited to announce people in 95+ countries can now pre-order Bitkey!

Bitkey is the self-custody bitcoin wallet with an app to send on the go, hardware to protect your savings, and recovery tools in case you lose your phone, or hardware, or both. https://t.co/OR60vH6InG pic.twitter.com/5UbjkhePc3

— Bitkey (@Bitkeyofficial) December 7, 2023

Bitkey hardware wallet

Block’s latest venture, Bitkey, emerges as a cutting-edge Bitcoin hardware wallet designed to meet the growing demand for secure and accessible cryptocurrency storage.

With a global reach covering more than 95 countries, the device positions itself as a pivotal player in the push for Bitcoin adoption on a worldwide scale. The inclusion of essential recovery tools, a charging cable, and a compatible mobile app further enhance the utility of Bitkey.

Block’s global expansion

Under Jack Dorsey’s leadership, Block strategically targets key markets, including the United States, Canada, the United Kingdom, Nigeria, Argentina, Mexico, and India. These regions are identified as having significant potential for long-term Bitcoin savings and cross-border payments.

Dorsey’s vision extends beyond commercial success, emphasizing Bitcoin’s role in democratizing financial access globally. Bitkey’s availability in diverse regions aligns with this vision, showcasing Block’s commitment to addressing payment and economic challenges on a global scale.

While Block’s primary revenue streams stem from Cash App and Square business payment solutions, the introduction of Bitkey underscores Jack Dorsey’s unwavering commitment to Bitcoin. This commitment is rooted in a belief that Bitcoin serves as a tool to democratize financial access, particularly in developing countries.

Block’s journey, from its integration of Bitcoin into Cash App in 2018 to the launch of Bitkey, signifies a calculated and purposeful approach to advancing the adoption and impact of Bitcoin in the world of digital finance.


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Cellula Introduces Programmable Incentive Layer to Gamify Asset Issuance

Hongkong, china, August 15th, 2024, Chainwire In a groundbreaking move to address the challenges of equitable asset distribution and decentralization in the cryptocurrency space, Cellula has unveiled its innovative programmable incentive layer built on the Ethereum Virtual Machine (EVM) ecosystem. At the core of Cellula’s innovation is its virtual Proof-of-Work (vPOW) consensus mechanism, which combines…


Hongkong, china, August 15th, 2024, Chainwire

In a groundbreaking move to address the challenges of equitable asset distribution and decentralization in the cryptocurrency space, Cellula has unveiled its innovative programmable incentive layer built on the Ethereum Virtual Machine (EVM) ecosystem. At the core of Cellula’s innovation is its virtual Proof-of-Work (vPOW) consensus mechanism, which combines principles from Conway’s Game of Life, Variable Rate GDAs Algorithm, and Game Theory to revolutionize the way digital assets are distributed and liquidity is allocated.

The crypto industry has long grappled with the issue of “whales” – a small group of individuals or entities that accumulate a disproportionate share of assets, leading to market manipulation, reduced decentralization, and limited participation opportunities for smaller investors. Additionally, traditional asset distribution methods, such as pre-mining, have further concentrated ownership, undermining the fairness and accessibility of these ecosystems.

“We have grown weary of the war between the witches and the hunters,” said the Cellula team. “Cellula seeks to address these dual challenges by reintroducing the BTC Proof-of-Work mechanism to EVM-compatible networks, pioneering asset distribution and liquidity allocation guidance through virtual Proof of Work (vPOW).”

Cellula’s vPOW mechanism empowers “BitLife” entities with unique hashrates, enabling them to engage in a gamified mining process that generates dynamic incentives. This revolutionary approach is powered by Cellula’s trifecta of innovative algorithms: Conway’s Game of Life for mining, Variable Rate GDAs (VRGDA) for pricing, and the Analysoor protocol for fair distribution and liquidity guidance.

Mining Algorithm – Conway’s Game of Life – Genetic Code Of On-Chain Digital Life: Conway’s Game of Life underpins Cellula’s on-chain entities, “BitLife,” which evolve dynamically, reflecting natural life cycles and enabling complex AI development within the blockchain. This gamified mining process encourages participants to develop more optimal strategies to potentially earn additional block rewards, fostering a competitive environment that ensures only committed resources are rewarded.

Pricing Algorithm – Variable Rate GDAs – A Dynamic Pricing for NFT Distributions: VRGDA adjusts asset prices based on demand, increasing when sales are high and decreasing when they lag, ensuring balanced distribution even in illiquid markets. This dynamic pricing model helps to prevent the concentration of assets in the hands of a few, promoting wider participation and a more equitable distribution.

Consensus Algorithm – Analysoor – Fair Asset Distribution And Liquidity Guidance: Analysoor is a Fair Launch protocol on Solana that uses block hashes for a random number generator to distribute NFTs and tokens fairly. Unlike traditional models, it avoids high GAS fees and bidding wars by offering fixed-cost “block lottery tickets” for participation. Each ticket’s block hash determines winners transparently, preventing bots and ensuring equal opportunities for all users, regardless of financial power. Transaction fees from the lottery are used to inject liquidity into new assets, promoting ecosystem growth. Integrating Analysoor with vPOW also provides fairer asset distribution and better liquidity allocation guidance.

“Cellula’s vPOW mechanism is truly a game-changer,” explained the Cellula team. “By seamlessly integrating these cutting-edge technologies, we have created a programmable incentive layer that is poised to reshape the future of decentralized finance and on-chain participation.”

One of the key features that sets Cellula apart is its permissionless nature. The vPOW mechanism allows any participant (miner) in the network to potentially earn rewards by minting and charging Bitlife, without the need for a central authority to allocate resources. This approach ensures a more open and transparent asset distribution process, fostering greater decentralization and accessibility.

Transparency is also a cornerstone of Cellula’s design. All algorithms and asset distribution processes are recorded on-chain, enabling anyone the ability to verify and review the process, thereby increasing the system’s transparency and credibility.

“Cellula is poised to usher in a new era of on-chain participation and value creation,” said the Cellula team. “By seamlessly integrating these innovative technologies, we are redefining the way assets are distributed and liquidity is allocated, paving the way for a more equitable and decentralized crypto ecosystem.”

With its comprehensive approach to addressing the challenges of asset distribution and decentralization, Cellula is set to revolutionize the way the crypto industry approaches these critical issues. As the project continues to evolve and expand its reach, it remains a beacon of hope for a future where fair and transparent asset distribution is the norm, not the exception.

About Cellula

Cellula is a pioneering programmable incentive layer that revolutionizes asset issuance on the Ethereum Virtual Machine (EVM). Utilizing a novel virtual Proof-of-Work (vPOW) consensus mechanism, Cellula combines the principles of Conway’s Game of Life, Variable Rate GDAs Algorithm, and Game Theory to create evolutionary, intelligent, and programmable on-chain digital entities known as BitLifes.

For more information on Cellula and its groundbreaking programmable incentive layer, users can visit the project’s Gitbook at https://cellulalifegame.gitbook.io/cellula.

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Binance Completes Registration With India’s FIU as Poodlana’s presale hits $7.7m

Key takeaways Crypto exchange Binance has completed its registration with India’s Financial Intelligence Unit. Poodlana’s presale has surpassed $7.7 million as presale approaches its end.  Binance now registered with India’s FIU Binance, the leading cryptocurrency exchange by daily trading volume, has completed registration with India’s Financial Intelligence Unit (FIU-IND). This latest development comes months after…


sec may fail against binance prof alexander

Key takeaways

  • Crypto exchange Binance has completed its registration with India’s Financial Intelligence Unit.
  • Poodlana’s presale has surpassed $7.7 million as presale approaches its end. 

Binance now registered with India’s FIU

Binance, the leading cryptocurrency exchange by daily trading volume, has completed registration with India’s Financial Intelligence Unit (FIU-IND). This latest development comes months after it was fined $2.2 million for providing services in the country without authorisation.

Thanks to this registration, Binance is now registered in 19 countries globally. With this registration, Binance’s website and app are fully available to users in India. 

What is Poodlana?

The crypto market continues to be choppy as Bitcoin is trading below $60k. Despite the choppy market conditions, investors continue to push funds into new and promising projects. 

Poodlana is one of the projects that is attracting investors. It is a Solana-based meme coin focused on introducing the glamor of high fashion to the crypto world. According to the development, Poodlana could become the leading dog-themed meme coin on the planet as it focuses on promoting the ethos of community-driven growth to reach its goal. 

Poodlana is a popular dog breed breed in Japan, Korea, and China. The development team will leverage this popularity and the love of meme coins to build a strong community for this project.

Poodlana’s presale surpasses $7.7m

The Poodlana presale will end in less than 20 hours, with listing on exchanges expected to happen right after the presale. The project has raised more than $7.7 million so far as more investors troop into the project. 

In this last stage, the POODL token goes for $0.0539. Investors can purchase this token using SOL, BNB, ETH, USDT, USDC, and Fiat/card payment options.

Per the team, Poodlana will not have a lock-up period for their tokens. The POODL presale will end in a few hours and the listing on exchanges will take place immediately after. 

Read more about the Poodlana presale here

Poodlana allocates 50% of the total supply to presale

Poodlana has adopted a simple tokenomics model as it seeks total transparency in its operations. According to tokenomics, Poodlana will have 1  billion POODL tokens, with 50% going presale. 

The remaining 50% will be divided among marketing (15%), rewards (5%), partnerships (5%), treasury (10%), and liquidity (15%). 

The Poodlana team assured investors that 100% of tokens will be unlocked on day one, with no lock-ups or vesting periods. Once the presale concludes, the unsold tokens would be burned after the presale, ensuring the deflation of the token. 

Should you buy Poodlana tokens now?

The Poodlana presale is ending in a few hours and this is the last opportunity for investors to purchase the tokens. Meme coins have become a crucial part of the cryptocurrency ecosystem, with several of them having a market cap of $1 billion and above. 

Poodlana could become one of the leading dog-themed meme coins in the crypto ecosystem. The team is leveraging the popularity of the Poodlana dog breed and is building a community that could see it reach the status of Dogecoin and Shiba Inu.


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Ripple Boosts Cross-Border Transactions in Brazil With New Payment Solution

Ripple is expanding its digital payments service in Brazil, partnering with Mercado Bitcoin to offer faster, cheaper cross-border transactions. This move positions Ripple Payments as a key player in the region’s crypto landscape, helping businesses move funds 24/7. With plans to streamline treasury operations between Brazil and Portugal…
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