Abra is making important changes to our wire program. The best news? The new wire program will have no limits!* The new Abra wire program will go live on December 20, 2018. Existing wire users will receive an email detailing what actions may be required to transition to the new program. If you haven’t yet signed up for the Abra wire program and you would like to, more information can be found here. Setting up wire transfers requires working with your bank and providing
We have more great news! Starting today Abra users will find EOS (EOS) and Siacoin (SC) available to buy, sell, and hold in all Abra wallets. The addition of EOS and Siacoin brings a total of 30 cryptocurrencies available on Abra. Not to mention the 50 fiat currencies available, and the one and only BIT10 crypto index. Let’s meet the new coins. What is EOS? EOS is the native token of EOSIO network, which is a blockchain that is being built to act as a
We’ve got some good news, and we’ve got some bad news. Bad news first: Following a hard fork of a blockchain, there is a risk of what is known as a replay attack if the blockchain does not implement replay protection on the fork itself. The good news is that there is an opportunity to insulate against replay attacks by going through a process called replay protection. While there is not one single kind of replay protection process, the concept and tools for post-fork replay
A couple of weeks ago, we suspended bitcoin cash trading because of a pending hard fork. As of today, bitcoin cash has been reactivated and once again can be deposited, withdrawn, and traded in an Abra wallet. You might remember that most exchanges and wallets put some kind of restrictions on trading bitcoin cash during the hard fork because it wasn’t immediately obvious which chain would become dominant (either the Bitcoin Cash ABC or Bitcoin SV). After a couple of weeks of monitoring the post-fork
The new frontier: Cryptoassets can boost traditional investment portfolios Abra recently published a paper about how adding small amounts of crypto to a traditional investment portfolio consisting of stocks and bonds can greatly help overall performance. This is the first in of series of posts about the paper and its conclusions. The biggest takeaway of “The new frontier: Cryptocurrencies are an asset class that can enhance traditional investment portfolios” is that cryptocurrencies are a useful way to add the right kind of volatility to a
