Cryptocurrency News

Leading Bitcoin and Crypto Wallet Service Provider Blockchain.com Records Over 35 Million Users

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According to Statista, which provides consumer and market statistical information, “The number of Blockchain wallets has been growing since the creation of the Bitcoin virtual currency in 2009..”

They also confirmed that as at March 2019, there were “nearly 35 million Blockchain wallet users”.

BLOCKCHAIN WALLET

Since the launch of the Blockchain wallet in 2011, it has provided an online interface for its users to purchase digital assets, manage, and perform transactions on several cryptocurrencies, including Ethereum (ETH), Bitcoin (BTC) and Bitcoin cash (BCH).

The top cryptocurrency wallet recently included Paxos Standard Token (PAX) AND Stellar (XLM) to the digital assets supported on the wallet.

BLOCKCHAIN’S 70 MILLION USD FUNDING

According to the Crunchbase profile of Blockchain.com (aka “Blockchain Luxembourg S.A”), they have raised a total of $70 million  for the funding of its business operations.

Their most recent fundraiser was announced on the 27th of March 2019, with funds from Future Fifty, a program, which “aims to accelerate the growth of a selected group of growth-stage digital companies”.

Within the last month, the Blockchain wallet and other affiliated apps have been either accessed or downloaded over 361,000 times, which means an 18% monthly growth/adoption rate.

BLOCKCHAIN AIRDROP

Blockchain.com’s management team in 2018, announced that they had collaborated with Stellar(XLM) developers to start the “largest airdrop in the history of crypto”.  This huge airdrop involves the dispensation of $125 Million worth of Stellar(XLM) to Blockchain wallet users.

However, they announced that each Blockchain wallet user will get $25 worth of XLM, only after the completion of their KYC (Know Your Customer) forms.

This initiative by Blockchain was done In efforts to help the global awareness of cryptocurrencies and to  inspire people to gain more knowledge about digital currency based on blockchain technology.

XLM CURRENT VALUE

Stellar (XLM), is a cryptocurrency with the 9th highest market cap of 1.94 billion USD. At the moment one XLM is approximately traded at $0.102.

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