Kirobo - The freedom to control your crypto

Israeli Firm Develops Tech Allowing Crypto Users to Retrieve Funds Sent in Error

gadudi — Mon, 06 Dec 2021 16:58:30 +0000

Israeli blockchain startup Kirobo says it solved the problem of funds being lost through errors in irreversible crypto transactions.
Blockchain startup Kirobo says its technology can prevent the loss of cryptocurrency caused by human error when sending what are normally irreversible transactions between wallets.

The firm's Retrievable Transfer feature works by building a new layer onto existing blockchain protocols. Users then have the ability to "cancel" a transaction sent to an incorrect cryptocurrency wallet address, the Israeli company said in a press release Tuesday.

"Our aim is to make blockchain transactions as simple and as secure as online banking," said Kirobo CEO Asaf Naim.

הפוסט Israeli Firm Develops Tech Allowing Crypto Users to Retrieve Funds Sent in Error הופיע לראשונה ב-Kirobo - The freedom to control your crypto.

An Israeli Blockchain Startup Claims It’s Invented an ‘Undo’ Button for BTC Transactions

gadudi — Mon, 06 Dec 2021 16:57:28 +0000

A two-year-old Israeli blockchain startup says it has found a way to cancel crypto transactions if they are sent to the wrong wallet address.

Kirobo, a two-year-old Israeli blockchain startup, announced on Tuesday that it has found a way to tackle problems related to human error in cryptocurrency transactions.

In a recent survey by the Fio Foundation, 55% of respondents reported experiencing stressful human errors when sending cryptocurrency, and 18% reported loss of funds due to such errors.

הפוסט An Israeli Blockchain Startup Claims It’s Invented an ‘Undo’ Button for BTC Transactions הופיע לראשונה ב-Kirobo - The freedom to control your crypto.

Wallets On The Blockchain: 39 Startups To Watch In 2019

gadudi — Mon, 06 Dec 2021 16:56:48 +0000

Quick! Think of something more valuable to you than your wallet. It’s a pretty short list, right? Your wallet contains your money, driver’s license, and Lululemon gift card. It serves an invaluable purpose. Serious cryptocurrency owners want their digital wallet to be equally effective.The digital wallet space is full of innovators vying for business. Some developers are happy with their wallets being little more than functional cryptocurrency storage. Others want a Swiss Army knife of features, including social tools, investing advice, or even built-in philanthropy.No two wallets are identical, but the following companies are using blockchain for wallets that are either live or in the works, and they’re worth a look.

הפוסט Wallets On The Blockchain: 39 Startups To Watch In 2019 הופיע לראשונה ב-Kirobo - The freedom to control your crypto.

‘Bitcoin-Undo’ Project Launches Token and Staking Rewards

gadudi — Mon, 06 Dec 2021 16:55:54 +0000

The Kirobo token had a successful soft launch last week. Now, it’s introducing staking that’s somehow “whale-proof.”

Israeli blockchain startup Kirobo made a splash earlier this year when it introduced a groundbreaking service allowing Bitcoin transactions to be reversed. Since then it has run a successful beta, had a soft launch of its token KIRO and now it’s introducing staking for its token.

The startup is known for its ability to offer reversible Bitcoin transactions—that are self-custodial. Users are now being incentivized to use its nascent token to access this service at a cheaper rate, but can also stake it to support the network.

הפוסט ‘Bitcoin-Undo’ Project Launches Token and Staking Rewards הופיע לראשונה ב-Kirobo - The freedom to control your crypto.

Kirobo Launches KIRO Token with ‘Whale-Proof’ Staking Mechanism

gadudi — Mon, 06 Dec 2021 16:55:01 +0000

Blockchain startup Kirobo has announced the conclusion of its successful beta phase, opening the way for the launch of its KIRO token and innovative “whale-proof” staking program. Kirobo’s mission is to protect cryptocurrency users from human error, tackling an estimated 18% of people who have lost funds through sending errors.

With support from the Israel Innovation Authority, Kirobo’s solution was to build an additional logic layer into blockchain protocols called Retrievable Transfer, suitable for individuals, custodians, exchanges, and wallet providers wanting to add security features. This layer acts as a third verification step, helping users to avoid losses from transaction errors by requiring the sender to add a passcode to their transfer. The recipient must then enter a matching passcode before the funds get released. Until the recipient enters the correct code, the sender can cancel and retrieve the transaction. Kirobo does not hold the private keys and has no access to the funds or destination at any point during the process.

הפוסט Kirobo Launches KIRO Token with ‘Whale-Proof’ Staking Mechanism הופיע לראשונה ב-Kirobo - The freedom to control your crypto.

Four Uniswap Tokens That Should Be on Your Radar

gadudi — Mon, 06 Dec 2021 16:53:27 +0000

The DeFi world moves at such a breakneck speed, it’s hard keeping up with the next big thing – not to mention learning to swap it before it becomes last month’s coin. Thankfully, not all of the ERC-20s swilling around on Uniswap are the product of degen projects with the half-life of milk: Ethereum’s dominant AMM is also home to some truly great tokens from projects that are here for the long haul.

By and large, the deeper the liquidity, the more legit the project, but that doesn’t mean you should be FOMO-ing into a coin just because it’s being swapped on DEXs with merry abandon. If you’re the sort of investor who believes that fundamentals matter, and that it pays to perform due diligence as opposed to YOLO-ing in, the following tokens should be on your radar. With solid fundamentals, all-star teams, and sizable communities behind them, these ERC-20s are going places.

הפוסט Four Uniswap Tokens That Should Be on Your Radar הופיע לראשונה ב-Kirobo - The freedom to control your crypto.

Kirobo’s Bitcoin undo button now available to Trezor users

gadudi — Mon, 06 Dec 2021 16:52:28 +0000

Kirobo, the blockchain startup that introduced a retrievable transfer feature for Bitcoin, has now successfully completed integration for transactions on the Trezor One.

As part of Kirobo’s mission to help the estimated 18% of cryptocurrency users who have lost funds through sending errors, its “logic layer” solution acts as an additional verification step. It requires senders to add passcodes to their transfers that must be matched by the intended recipient before funds are released. The solution protects balances until the correct recipient enters a matching code, before which the transaction can still be canceled and retrieved. The whole process is non-custodial, and Kirobo never has any access to the funds.

הפוסט Kirobo’s Bitcoin undo button now available to Trezor users הופיע לראשונה ב-Kirobo - The freedom to control your crypto.

Three Safe Ways to Enter the Cryptoconomy

gadudi — Mon, 06 Dec 2021 16:51:39 +0000

The news of PayPal’s (NASDAQ:PYPL) entry into crypto, enabling users to buy, hold and sell cryptocurrencies, including Bitcoin and Ethereum, adds to the bullish sentiment in the market and provides another indicator of growing mainstream adoption. The payment giant joins the likes of Square (SQ) in embracing Bitcoin, despite having initially dismissed the technology.

Since new entrants are cautious of the perceived dangers in the space, however, there is a need for solutions that can lower the barriers to entry, strip away complexity, and reduce risk. Here are three projects working on solutions to make crypto more welcoming for newcomers – and more useful for long-term participants.

הפוסט Three Safe Ways to Enter the Cryptoconomy הופיע לראשונה ב-Kirobo - The freedom to control your crypto.

KIRO is now on the polygon network!

gadudi — Mon, 06 Dec 2021 16:27:50 +0000

We at Kirobo are thrilled to announce that KIRO is now on the Polygon Network, an Ethereum layer-2 solution, giving you another way to buy and trade KIRO, and a whole new world of dapps to interact with.

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What is Polygon? Created in 2017 by a team of Ethereum developers, Polygon improves the transaction speeds and fees of its mother blockchain and gives people tools for creating new, Ethereum-compatible blockchains. One report stated that by October 2021, close to two-thirds of dapps on the network were designed exclusively for Polygon, rather than Ethereum and Polygon both, demonstrating that the network has become far more than just a support chain. Where can I find KIRO on Polygon? KIRO is whitelisted on the Quickswap decentralized exchange. Quickswap is a hardfork of the Uniswap V2 protocol, so it’s identical in how it looks and operates. For example, Quickswap utilizes an automated market maker (AMM) rather than a centralized order book. Quickswap being exclusively on the Polygon network gives them, and us, some added benefits both for your wallet and user experience. Faster and cheaper transactions allow you to use the protocol without the fear of high gas fees. Additionally, the Quickswap team didn’t just create the protocol and leave – they are active in their community and are always building additional features on the Quickswap protocol, such as limit order support and more staking opportunities. Kirobo is committed to providing essential DeFi services worldwide. Having gone live on Binance Smart Chain, and following it up with Polygon, we are aggressively expanding to meet the needs of our community. Some even bigger news soon to come so watch this space!

הפוסט KIRO is now on the polygon network! הופיע לראשונה ב-Kirobo - The freedom to control your crypto.

Kirobo partners with PureFi for DeFi-based background checks for crypto assets

gadudi — Mon, 06 Dec 2021 16:27:22 +0000

We talk a lot about DeFi and how it’s going to change the world by making cryptocurrency as easy and safe as online banking. But there are dangers in this field as well – and specialists are required to combat them. That’s why Kirobo is happy to have begun a partnership with PureFi – a company designing decentralized compliance tools that do not compromise the anonymity of its users. Thanks to this deal, Kirobo users can use the protocol to investigate the source of crypto assets, while PureFi users will benefit from Kirobo’s range of DeFi tools. It also opens a door to future extensions of the collaboration, including yield farming opportunities and an integration between Kirobo and AML Safe, a PureFi sister project. One of the dangers of cryptocurrency is that it is difficult to know where money has come from. Has it been involved in illegal activity? Of course, in this sense it’s no different to cash. But cash isn’t striving for mass adoption – it’s already everywhere. Crypto is in need of protocols that can reassure the traditional world that it is a legitimate means of exchange and remove the stigma of illegality that persists in the minds of some. In order to achieve this, the DeFi industry requires tools can combat money-laundering and terrorism financing. And besides that, crypto users have long been in need of a way to check if a project is a safe investment.

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PureFi, a company based in Hong Kong, provides a solution based on analytics. Developed by AMLbot, PureFi provides VC (verifiable credential) certificates that can be used for legal verification. Based on analytics and AML/ATF providers connected to the blockchain by oracles, the encrypted certificates can be checked by whitelisted participants via zero-knowledge proofs. PureFi’s vision aligns with Kirobo because we are also striving to provide a safer experience to crypto users and to encourage mass adoption. That’s why we’ve signed this partnership – the ability to perform background checks on digital assets, without the need for KYC procedures, will make people feel more confident to use their crypto and will bring more people into the ecosystem.

הפוסט Kirobo partners with PureFi for DeFi-based background checks for crypto assets הופיע לראשונה ב-Kirobo - The freedom to control your crypto.