Two wallets are better than one! Hold both fiat and bitcoin at the same time in Abra

fiat and bitcoin wallet

Big news! You can now have more than one wallet in your Abra app! You can choose up to two from our list of 50+ currencies, including bitcoin. Most people will probably choose to denominate one wallet in fiat currency (e.g. US dollars) and one in bitcoin. Here’s why this is a game-changer: Buy & sell instantly: Load up your fiat wallet and keep your funds there until you decide it’s the right time to buy bitcoin. Then buy at a spot rate. You’ll have […]

SegWit2X & Bitcoin Cash Update

The SegWit2X hard fork planned for next week has been called off by a majority of the miners as well as the development leaders of the effort. While there is a chance that a minority of miners may choose to move forward with a 2x hard fork, Abra currently has no plans to support the minority chain in any form. In other words, there is no forthcoming change to Bitcoin and you may continue to transact as always with Abra. Bitcoin Cash Conversion Update As […]

One Step Closer – Another Round of Funding, More Support For Our Vision

Photo by Osman Rana on Unsplash

Happy to let you know that we’ve passed $35 million in total funding to date with the close of our our Series B round at $16 million. We’ve added some great investors including Foxconn’s venture subsidiary HCM International, Silver8 Capital, and Ignia. These three new investors are joined by existing Abra investors Arbor Ventures, American Express Ventures, Jungle Ventures, Lehrer Hippeau and RRE. I believe we are in phase one of a new era of digital currency based banking. This new era will democratize access […]

Abra and the Upcoming Segwit2X Fork

We will provide more updates as we get closer to the November 18th Segwit2X activation date.   What is happening? On or around November 18th a hard fork enabling the Bitcoin network to support up to 2MB blocks is expected to occur. This follows the soft fork upgrade earlier this year that added support for Segregated Witness, often referred to as SegWit, signatures to the network. There is a real possibility that the planned hard fork will result in two Bitcoin blockchains. In this case, […]

How to transfer your Abra wallet when you upgrade your phone

The new iPhone is out and if it’s on your shopping list (lucky you!) or if you plan on upgrading your phone (Android or iOS) in, well, ever, below are some important steps to take before you make the switch. This will ensure that you’ll have full access to the funds in your Abra wallet after you’ve upgraded your phone. Abra is a non-custodial wallet. That means that we don’t hold onto your funds on your behalf. You are the only person with access to […]