Abra is a technology and financial company that provides peer-to-peer (p2p) blockchain-based mobile payment services. Before the company implemented Litecoin as the main cryptocurrency for their services in 2018, Bitcoin used to be the main digital currency for transaction processing. Abra, as a blockchain-based application, mostly specializes in storing cash deposits that are available with the Abra wallet, which provides cash transfers between two mobile devices. For that, there are Abra apps available for both iOS and Android. Bank accounts are generally not required in most countries. The company was founded by Bill Barhydt (CEO) in 2014 and currently is headquartered in Mountain View, California. Find out more by following the Abra news.
Payments behemoth Visa has acquired financial technology firm Plaid for $5.3 billion to better connect with fintech applications.
Payments Giant Visa Acquires Fintech Firm Plaid for $5.3 Billion
The Abra crypto investment app is reportedly adding 60 new cryptocurrencies to its platform, effectively trebling the number of supported tokens.
Abra Adding 60 New Cryptocurrencies in Consumer Adoption Push: Report
The integration of DLT technology into messenger apps is expected to drive mainstream crypto adoption, but possibly at the expense of centralization.
Is Blockchain Payments Integration in Messenger Apps Good for Crypto?
California-based crypto wallet service Abra will restrict U.S. users from holding EOS and other altcoins in August.
Abra Restricts Americans From Holding EOS and 4 Other Altcoins
The idea of private blockchains “makes no sense,” Abra’s CEO says.
Private, Enterprise Blockchains ‘Make No Sense’ and Are Set to Fail: Abra CEO
Digital wallet Abra has announced that its users can now invest in the new BIT10 token, which tracks the Bitwise 10 Large Cap Crypto Index.
Abra Wallet and Exchange Service Introduces Token That Tracks Crypto Index
The CEO of Crypto payment firm Abra said that the SEC rejects BTC ETFs because “people who are doing the applications don't fit mold of who the SEC is used to a...
Abra CEO: SEC Denies Bitcoin ETFs Because Applicants Do Not Fit Industry Archetype