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Brave Browser testing BAT tipping for Twitter

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Brave browser is currently testing a new feature that will allow its users to tip tweets with Brave Rewards. Users of Brave’s Nightly desktop version will now have the option to be paid Basic Attention Token for each tweet, the company said.

Brave rolls out new feature for tipping tweets

Having entered the second quarter of 2019 with a bang, Brave Browser has continued to grow and rapidly introduce new features. The company is now currently testing a new feature that would allow its users to tip tweets via the Brave Rewards system.

According to the company’s tweet, users of Brave browser’s Nightly desktop version will now have the option to be paid for each individual tweet. The process of tipping is pretty straightforward, the company explained. After opening Twitter in the Brave desktop browser, users will see a designated tip button on each tweet in their feed.

To send a tip directly to the author, users just tap on the button and tips get sent instantly. If you are on the receiving end of the tip, the funds will appear in your Brave Rewards account within minutes, Brave explained. All users that are verified through creators.brave.com are eligible to receive tips.

However, if the author of the tweet isn’t verified, the tips will be held in the user’s browser for 90 days. If the author of the tipped tweet doesn’t register with Brave Rewards in that time the funds will then return to the sender.

Tipping feature still in beta, could launch for other versions soon

The new initiative, which is part of Brave’s broader push to reduce creators’ dependency on ads, is only available for Brave Nightly, a testing and development version of Brave. While the company didn’t provide any details on when this feature could launch on other versions of the browser, the positive feedback it received could bring the launch sooner than expected.

The company has also asked its users to submit feedback and offer ideas on how to expand the feature. The reactions posted on Brave’s community page have been overwhelmingly positive, with many users suggesting implementing the feature on platforms such as Medium and Telegram.

Twitter recently joined the ranks of Brave Verified publishers. High-profile publishers such as the LA Times, the Guardian, and the Washington Post, as well as websites such as YouTube are among the websites verified. Basic Attention Token (BAT), Brave’s native cryptocurrency used to send tips, has also grown considerably—the token has seen a 170 percent year-to-date growth.

Filed Under: Adoption, Basic Attention Token

Priyeshu is a software engineer who is passionate about machine learning and blockchain technology. He holds an engineering degree in Computer Science Engineering and is a passionate economist. He built his first digital marketing startup when he was a teenager, and worked with multiple Fortune 500 companies along with smaller firms. When he is not solving the transportation problems at his company, he can be found writing about the blockchain or roller skating with his friends.

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NYSE files a trademark application for trading NFTs

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The world’s largest stock exchange may be planning to bring business into the Metaverse.

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Traders say $4,000 Ethereum back on the cards ‘if’ this bullish chart pattern plays out

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Global tensions that could trigger a correction in markets abound, but traders say ETH’s current setup could result in a swift return to the $4,000 level.

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CryptoPunks community reacts to the ongoing copyright battle between V1 and V2

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Although the collection is no longer deemed authentic by Larva Labs, its creators alleged sold 210 ETH worth of CryptoPunks V1 when the wrapped versions first gained traction.

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Binance.US is under investigation from SEC over trading affiliates: Report

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Binance CEO Changpeng Zhao allegedly has connections to two market makers buying and selling crypto on Binance.US.

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Boost Insurance unveils product covering against crypto theft from qualified custodians

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Boost Insurance, an insurance infrastructure-as-a-service platform, alongside go-to-market partner, Breach Insurance, a company that provides insurance technology and regulated insurance products for the cryptocurrency market, today announced the launch of Crypto Shield, an insurance product for cryptocurrency available to retail wallet holders.

Crypto Shield covers the theft of cryptocurrency while in the custody of a qualified custodian.

The Crypto Shield product allows individuals to purchase protection for their crypto wallets held by select custodians. In the case that the custodian is breached or suffers a social engineering attack resulting in lost assets, individuals insured under Crypto Shield can be reimbursed for the value of their policy.

Boost + Breach

While there is some commercial insurance available to cryptocurrency institutions, Breach envisioned Crypto Shield as a solution to the protection gap that currently exists for individuals holding crypto, securing a partnership with Boost to assist in bringing the Crypto Shield product to life.

Boost’s insurance infrastructure-as-a-service packages the necessary operational, technological, compliance, and capital requirements for new insurance programs into a white-label solution, enabling insurtechs like Breach to swiftly launch new lines of business.

“Boost’s deep expertise and insurance infrastructure-as-a-service platform, and Relm’s industry-leading crypto reinsurance capabilities, have positioned Breach to bring a highly complex insurance product to the market in a beautifully delivered customer experience.”
– Eyhab Aejaz, Co-Founder & CEO at Breach

To deliver that product in a seamless experience, Boost and Breach’s platforms connect via API, allowing Boost’s policy administration system to deliver back-end management for the Crypto Shield product. Breach’s customers are then able to purchase and manage every part of their policy and claims process, all from within Breach’s proprietary crypto insurance platform.

“With Boost’s infrastructure-as-a-service platform, companies like Breach can launch and deliver innovative new insurance offerings, at a fraction of the time and cost required to build a full-stack insurance program from scratch.”
– Alex Maffeo, CEO & Founder of Boost

In addition to powering the new product, Boost and Breach partnered to source and secure the necessary reinsurance backing from industry expert Relm Insurance Ltd. (Relm), underwritten by Trisura Specialty Insurance Company. Operating out of Bermuda, Relm is a capacity provider to the crypto sector with a track record of insuring companies across the ecosystem. Relm has recently been awarded an ‘A Exceptional’ Financial Stability Rating (FSR) by Demotech.

“Relm’s partnership with Boost and Breach to reinsure the US’s first cryptocurrency insurance product for retail wallet holders is a milestone in supporting the development of crypto and blockchain technologies.”
– Joe Ziolkowski, CEO at Relm

The post Boost Insurance unveils product covering against crypto theft from qualified custodians appeared first on CryptoNinjas.

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