Written by Logan

On December 2, 2020

Metal Heads-up – November 2020

It’s pretty ironic that just as the seasons change and winter inches closer, the cryptocurrency winter is beginning to fade. The price of Bitcoin is climbing, altcoins are following close behind, and whispers about cryptocurrency are spreading throughout the media. It feels like 2020 is starting to look a lot like 2017, with one big difference: the crypto industry, as a whole, is more prepared for what might come next. Here at Metal, we’re preparing for a rush of new updates, new activity, and new things to be excited about. Let’s take a look at what happened during the month of November at Metal.

Metal Pay – iOS 2.6, HBAR, and Hard Forks

Our iOS users recently received Metal Pay’s 2.6.0 update, bringing them the ability to sign in with Apple ID, more intelligent trading screens, and a few other improvements here and there. This month we expanded our cryptocurrency Marketplace yet again with the addition of Hedera Hashgraph (HBAR) to Metal Pay. Adding HBAR to our Marketplace gave Metal Pay users easy access to this interesting cryptocurrency that approaches consensus algorithms from a different perspective, a win/win in our book. We also supported the Bitcoin Cash hard fork this month, ensuring any of our users who use this cryptocurrency were protected throughout the update.

Proton – Verified Identities, Proton Wallet, and Election Security

November saw the implementation of verified identities on the Proton blockchain, creating a way for users to ensure funds are sent to the correct user and unlocking more features than ever before. We quickly built on this momentum by releasing the Proton Wallet in the iOS App Store, making it easier than ever to download our exciting new app. Proton Wallet gives users a way to stake XPR, earn block rewards every 24 hours, swap and wrap coins, and so much more. Our vision with Proton goes beyond staking, wrapping, and swapping, though – which is why we released a demonstration of how future elections can be secured using the Proton blockchain. We are pursuing conversations with officials to determine how we can use Proton to make the next elections more accessible, more secure, and more trustworthy than ever before.

Company Updates – O, Canada!

We also secured a Money Services Business (MSB) license for Canada this month, unlocking a path for Metal Pay to reach our neighbors to the north! This MSB license is an important milestone for Metal Pay as we race to expand access to Canada, the UK, and the EU as soon as possible. Canadians do not have access to commonly used payment apps or fiat on-ramps for cryptocurrency, and we’re thrilled to be making progress towards becoming the premier way to use cash and cryptocurrency in Canada.

In Case You Missed It…

  • With the increase in Bitcoin’s popularity comes a lot of new people wondering how to get started in the world of cryptocurrency. That’s why we made a helpful guide to explain everything you need to know about Bitcoin in simple terms.
  • Our Executive Chairman, Fred Krueger, recently took a deep dive into where he sees the story of Bitcoin going next and how far it’s come.
  • Ryan Dennis has joined the Metal Pay family as our Head of Marketing and Public Relations! Ryan comes from a strong background in crypto and years of experience working at Tron and BitTorrent. Make sure you give Ryan a warm welcome on Twitter!

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Read more about what’s been going on at Metal by checking out the Blog section of our website – there’s lots that we couldn’t fit in this update. As always, keep an eye out for more updates by checking Discover in the Metal Pay app, and following us on social media: Twitter | Instagram | Facebook 

🤘 Your friends at Metal 🤘

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