This article was first published on: Latest Crypto News --
Binance Labs, the blockchain unit of the world’s largest cryptocurrency exchange Binance has raised $30 Million backing Signal founder Moxie Marlinspike on his privacy-centric cryptocurrency project, named MobileCoin.
MobileCoin announced the fundraising event in a blog post on Tuesday and revealed that the entire amount is denominated in Bitcoin and Ethereum. Moreover, due to the association with Binance, there is a chance that the exchange will list the coin soon, which, otherwise, is a rigorous process.
MobileCoin is being touted as a cryptocurrency meant to enhance the user experience on mobile devices. The idea is to solve the usability, scalability, and privacy concerns associated with existing cryptocurrencies.
MobileCoin has a promising development team working on the project, which includes the founder of encrypted messaging app Signal Moxie Marlinspik...
This content is synced from the rightful owners. Copyright on text and images belong to the original source. -- This article was first published on: Latest Crypto News