Wednesday’s edition of The Daily charts the rise of blockchain phones and the effects they’re exerting on the tokenized assets supported by their built-in wallets. We also examine Europe’s favorite crypto card service, which is invading Asia and making it easier to cash out of cryptocurrency, and consider the similarities between crypto exchanges and banks in terms of assets under management.
Also read: China’s New Crypto Ranking: Bitcoin Upgraded, Tron Debuts Near Top
Smartphone Support Sends Tokens Soaring
On Feb. 22, a number of ERC20 tokens recorded impressive double-digit growth, while the rest of the market remained stagnant. Their revival can be attributed to the rise of blockchain smartphones. The devices, which include the Finney by Sirin Labs and the Exodus 1 by HTC, contain hardware wallets for…