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Cryptocurrency News Articles

Tangem Integrates Cardano and Manta Networks, Expanding Cryptocurrency Self-Custody Options

Jul 19, 2024 at 07:29 pm

Tangem, a leading provider of self-custody cryptocurrency wallets, announced significant updates on its platform. The company revealed integration with two new blockchain networks: Cardano and Manta.

Tangem Integrates Cardano and Manta Networks, Expanding Cryptocurrency Self-Custody Options

Cryptocurrency hardware wallet provider Tangem has announced new platform updates, including integration with the Cardano and Manta blockchain networks. This integration will enable Tangem users to securely store, send, and receive a broader range of digital assets.

Cardano Integration Adds Native Token SupportThe integration with the Cardano blockchain is particularly significant for the cryptocurrency community. As a proof-of-stake blockchain platform, Cardano is known for its scalability and security features.

With this update, Tangem users can now manage Cardano native tokens (CNTs) directly within their wallets. This includes popular tokens such as Iagon (IAG), SingularityNET (AGIX), Cornucopias (COPI), Snek (SNEK), and World Mobile Token (WMT).

To access these functionalities, users simply need to update their Tangem app. Once updated, Cardano native tokens can be found within the “Manage Token” section. Notably, while staking functionality for Cardano is not currently available, Tangem has plans to integrate staking support in the near future.

This news was met with enthusiasm by the Cardano community, with several members expressing their appreciation for Tangem’s support by purchasing their hardware wallets. Among them was Stake with Pride, a prominent Cardano stake pool operator, who highlighted their purchase of a Tangem Wallet 2.0 Pack of 3, further showcasing the community's positive response.

Tangem also integrated with Manta, a privacy-focused blockchain platform. In contrast to public blockchains where transactions are transparent, Manta offers enhanced transaction confidentiality for users seeking additional privacy for their digital assets.

To interact with the Manta network and its privacy-preserving features, users need to update their Tangem apps. We are on twitter, follow us to connect with us :- @TimesTabloid1

— TimesTabloid (@TimesTabloid1) July 15, 2023 These integrations now bring the total number of supported networks on Tangem to 61. This extensive list includes major players like Bitcoin, Ethereum, XRP Ledger, and Solana, alongside newer projects like Aleph Zero, Hedera Hashgraph, Kusama, and Shibarium.

Established in 2021, Tangem is a leading provider of self-custody solutions for cryptocurrencies. Their signature product is a physical card-shaped hardware wallet that offers a user-friendly and secure method to manage crypto assets. With over 1 million cards manufactured, Tangem continues to expand its user base and footprint within the cryptocurrency space.

Note: This content is purely informative and does not constitute financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect the stance of Times Tabloid. Readers are advised to conduct thorough research before making any investment decisions. Any actions taken by the reader are at their own peril. Times Tabloid bears no responsibility for any financial losses.Follow us on Twitter, Facebook, Telegram, and Google News

News source:cardanofeed.com

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