How decentralized finance could make investing more accessible

Daniel McGlynn - Wednesday, April 17th, 2019

How decentralized finance could make investing more accessible

Only a small fraction of the global population is investing in the financial markets and assets that help build and preserve personal wealth. The latest infographic done in partnership with Visual Capitalist looks at traditional investing trends at a global scale, and how the emergence of decentralized finance can help create more financial access, opportunity, and equality. This infographic is the third in a series of data-driven stories done in partnership with Visual Capitalist. The first graphic in the series examined the flaws of the

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Transaction history function now available

Daniel McGlynn - Friday, April 12th, 2019

Export your Abra transaction history

Just in time for the close of another fun-filled tax season, we are releasing new functionality that allows users to download their Abra transaction history from within the app. Not only will this help with tax accounting, but the new transaction download will also help investors take a closer look at when they bought or sold various assets in the app, allowing for more precise cost-basis calculations. The exportable transaction information is now available for all of the years that Abra has been in existence

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Private keys and Abra recovery phrase

Daniel McGlynn - Monday, April 8th, 2019

Abra recovery phrase

Understanding how the Abra recovery phrase works is critical for anyone learning to navigate the emerging world of decentralized finance. The Abra recovery phrase is an easy-to-use version of a crypto private key and allows Abra users to store assets on their phones. Those assets are accounted for on the Bitcoin blockchain and, using the private key/recovery phrase system, become available to invest in a number of assets all from the Abra wallet. Abra’s recovery phrase plays a critical role in the security and overall

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How Abra works tech talk at 2019 MIT Bitcoin Expo

Daniel McGlynn - Monday, April 1st, 2019

On March 9, Abra founder and CEO Bill Barhydt gave a presentation during the 2019 MIT Bitcoin Expo. Barhydt used the presentation to give a brief but technical talk about how Abra works. Specifically, he explained the concept of crypto-collateralized contracts and Abra’s synthetic asset model. The following transcript has been slightly edited for clarity. The transcript starts after the one-minute mark because there is a brief issue with the presentation slides at the very beginning. Begin transcript: 01:11 All right. Since I get extra

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The world’s computer: An illustrated guide to Ethereum

Daniel McGlynn - Friday, March 15th, 2019

What is Ethereum?

In order to help celebrate our recent announcement about the addition of Ethereum native support to the Abra app (which means direct deposits and withdrawals of ether to and from an Abra wallet are now possible), we produced another in our ongoing series of graphic illustrator explainers. In “The world’s computer: Ethereum and the reinvented internet,” we take a look at what Ethereum is, why it was created, and what sorts of applications people are developing on the platform. Be sure to check out the

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