Crypto-powered Brave browser tops competitors in Japan's Google Play Rankings

The cryptocurrency-powered Brave browser has recently topped its competitors on the Google Play store in Japan, becoming a leading mobile browser in the country.

According to a post shared on Reddit, the browser topped all of its competitors – including Google Chrome, Opera, and FireFox - in the Android app store, Google Play. Available data shows that while Brave is currently one of the top 1’ apps in the country, the next browser on the list is Mozilla at 14.

The screenshot shared on Reddit shows that while Brave was downloaded a total of two million times last month, FireFox’s download numbers were slightly above the half a million mark. It’s worth noting, however, various mobile devices come with Google Chrome pre-installed.

While most users don’t bother changing their default apps, Google itself has in the past tweeted out that “Android is about flexibility,” sharing a video in which it shows how to remove a pre-installed app like Chrome and replacing it with another browser.

Rankings on the Google Play store are determined by various factors, including an app’s crash rates, error rates, and more. There could be various factors behind the Brave browser’s rise as it’s a privacy-centric one that rewards users for seeing ads.

Through its Basic Attention Token (BAT), Brave rewards its users for seeing ads, in a feature that’s currently only available in a few countries. The browser’s latest version started allowing BAT withdrawals, although by default users’ tokens are distributed to content creators according to the time they spent engaged with their content.

Featured image via Pixabay.com.

Derivatives Trading Platform Synthetix (SNX) Is up Over 5,000% Since 2019

Michael LaVere
  • Derivatives trading platform Synthetix is the best performing DeFi product since April 2019.
  • Synthetix's native token SNX has appreciated more than 5000 percent over the last two years. 

The little-known crypto-asset Synthetix (SNX) is the best performing decentralized finance (DeFi) project of the past two years. 

According to a tweet published by popular crypto analyst Alex Saunders, SNX has been the best performing DeFi asset since April 2019. Saunders claims that Synthetix has appreciated 5000% over the past two years and was one of the top two ETH-based projects he has been following since Edcon Sydney 2019. 

SNX’s price took off in June, from $0.79 at the start of the month to its current trading price of $2.73, representing a 245% increase. 

Synthetix is a derivatives trading platform built on the ethereum blockchain that allows users to trade on stocks, crypto and other commodities. Users are required to exchange bitcoin or ethereum for SNX tokens in order to participate in trading. 

The exchange’s native token can be locked as collateral to produce “synths” such as a synthetic U.S. dollar (sUSD), which in turn can be used to place bets on rising and falling asset prices. 

Synthetix also operates a reward program, where users of the exchange can stake their SNX tokens as collateral in order to receive additional benefits.

Featured Image Credit: Photo via Pixabay.com