👛 Mining giant Bitmain acquires bitcoin cash wallet startup
Crypto mining behemoth Bitmain acquired Telescope, an open-source bitcoin cash [($BCH(https://onchainfx.com/asset/bitcoin-cash)) wallet, on Monday. The browser-based wallet was launched earlier this year in an effort to enable instant bitcoin cash transactions. Supported by BitPay and moneybutton.com, the wallet stores cryptographic keys within a browser extension, meaning transactions are signed by the user's browser directly. The project says that storing funds in this way offers users similar security to standalone wallets.
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.