SelfKey Progress Report for July

We're delighted to bring you the seventh progress report of 2020. This past month, several updates were made to both the Mobile Wallet and the Desktop Wallet. Read all about it, including new partnerships and fresh content, below.
01 Aug 2020

This past month has seen important updates for both the Mobile Wallet and the Desktop Wallet. We’re excited have brought you some great new features to both iterations of the SelfKey Wallet that increase functionality. Additionally, we also released some great new content for you on cryptocurrency lending and DeFi.

The Mobile Wallet now has a number of exciting new features thanks to the latest update. Mobile Wallet V 0.3.13 now includes the SelfKey ID which allows you to register for and access service providers listed in the Marketplace or integrated with Login with SelfKey.

Another exciting new feature is that you can now unlock the Mobile Wallet with your biometrics! Once your account is set up on the Mobile Wallet, you now have the option to login with your fingerprint if you use an Android device. For iOS devices, you can now login with FaceID and TouchID. This is a feature that the community has shown great interest in, and we are delighted to be able to bring it to you now.

Lastly, you can now import your wallet using your seed phrase. This is particularly convenient when you want to have access to your tokens and identity documents from a new device.

Additionally, we launched V 1.6.3 of the Desktop Wallet! This new update fixes bugs in send transaction screens and most importantly, auto update. Along with our updates to the Mobile Wallet last week, this has been a great period of development for the SelfKey Wallet and we’re excited to keep bringing you new improvements.

Please note that if you are using V 1.6.0 of the Desktop Wallet, your wallet will not automatically update to V 1.6.3 and you may get an error message when you login. As a result, if you are using V 1.6.0 you will need to update your Desktop Wallet manually by clicking here.

The SelfKey Identity Wallet is a free identity solution for Windows, Linux and Mac. Get yours today!

Fresh content

All Data Breaches in 2019 & 2020 – An Alarming Timeline

We’ve continued to update our comprehensive list of data breaches. As of June 2020, AT LEAST 16 billion records, including credit card numbers, home addresses, phone numbers and other highly sensitive information, have been exposed through data breaches since 2019. The first quarter of 2020 has been one of the worst in data breach history, with over 8 billion records exposed.

Read the full list here.

The Ultimate List of Cryptocurrency Lending Platforms

We’ve also continued to expand on our list of cryptocurrency lending platforms. Crypto lending is becoming increasingly more mainstream, and with that, an increasing number of crypto lending platforms available. With more choice comes more research for interested users, which can certainly be overwhelming. 

Here we’ve compiled the ultimate list of cryptocurrency lending platforms, including our top five tips on what to look for when choosing a platform.

Check out the complete list here.

Cryptocurrency Lending in the EU

Cryptocurrency lending has seen a lot of success in the European Union. Many excellent crypto lending platforms such as CoinLoan and YouHodler are based in the EU. On the other hand, regulation when it comes to cryptocurrency is getting stricter and stricter in the EU. Will the crypto landscape be able to survive, or is there a risk of over-regulation? 

In this article, we will be looking at crypto regulation in the EU including how crypto is taxed and how to get a crypto loan in the EU.

Continue reading here.

DeFi Tokens – A Definitive Guide

Decentralized Finance (DeFi) is a rapidly growing sector of the cryptocurrency space and shows a lot of promise when it comes to the future of finance. DeFi is well on its way to revolutionizing the world of financial services, and that includes loans. While the landscape is relatively new, it is growing quickly.

In this article we examine what DeFi is, what DeFi tokens are, and some of the most popular DeFi tokens that are available.

Read the full article here

What is the Best Wallet for DeFi?

Decentralized Finance (DeFi) is a rapidly growing industry, and a large part of its success relies on DeFi wallets. While DeFi wallets of the past were clunky and slow, massive strides have been made in the past few years and DeFi wallets are getting better and better.

DeFi wallets are at the core of the concept of being your own bank. They allow freedom, accessibility and transparency, all while ensuring the user is still in charge of their own funds. In this article, we walk through what DeFi is, what a DeFi wallet is, and the best DeFi wallets currently available.

Continue reading the article here.

That’s all for this month. Check out our previous Progress Reports here. Thanks for reading and stay safe.

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