Israeli cryptocurrency developers raise $4 million from investors including Samsung

According to The Block on April 17, Israeli cryptocurrency developer KZen has raised $4 million from investors including South Korean electronics giant Samsung. The company's product, the smartphone wallet application ZenGo, which is currently in beta testing, is designed to simplify the wallet hosting of primary cryptocurrency users. The company hopes that by using split key storage and combined with biometric security features, users will be able to benefit from a simple wallet user interface without having to rely on third parties or themselves to save their private keys and other sensitive information.