2020-4-28 22:52 |
40 people involved in crypto payments on the “Nth Room” case were identified by the South Korean authorities
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For many years, South Korea’s $33 billion remittance market was controlled by the country’s banks. When new regulations allowed non-bank companies to enter the market in 2017, Coinone Transfer partnered with SBI Ripple Asia, a joint venture between Ripple and SBI Holdings, to create Cross, South Korea’s first blockchain-based remittance service.
2020-4-11 21:33 | |
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South Korean tech giant IT solutions spin-off, Samsung SDS, has revealed that it has signed a memorandum of understanding (MOU) with a fintech and smart payments startup, Credorax which is based in Israel.
2020-3-4 20:25 | |
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Litecoin Foundation has partnered with South-Korean cryptocurrency company MeconCash to integrate Litecoin’s native cryptocurrency, LTC, on its payments platform. With this collaboration, LTC to Korean Won (KRW) withdrawals will be possible across more than 13,000 ATMs in South Korea.
2020-2-28 10:08 | |
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San Francisco-based blockchain company Ripple has teamed up with three more remittance startups in South Korea
2020-2-26 10:14 | |
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For the millions of remitters in South Korea, speed and cost matters—time delay in payments can interfere with covering critical expenses like emergencies, tuition payments and unexpected bills. However, for many years, the remittance market in Korea was controlled entirely by large financial institutions—leading to high foreign transfer fees and costly delays.
2020-2-27 03:30 | |
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Samsung SDS, the ICT arm of South Korean electronics company Samsung Group, and Syniverse, a telecommunication services company, have collaborated to develop a blockchain-based platform to enable seamless mobile payments between mobile carriers and enterprises, according to a Ledger Insights report on January 10, 2020.
2020-1-11 10:00 | |
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Mercury FX is an international payments specialist with offices in London, Hong Kong and South Africa. The company joined RippleNet to speed up transfers, lower costs and open up new markets that were previously too expensive to access.
2019-11-22 21:59 | |
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Coinspeaker Singapore’s FinTech Startup M-DAQ Receives Massive Funding from SamsungM-DAQ will be working with Samsung to bring its cross-border payments and currency trading solutions across South Kore and East Asia.
2019-11-11 15:12 | |
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The notion of normalizing cryptocurrencies for payments has taken a significant leap forward with the announcement that CU convenience stores in South Korea will be accepting cryptocurrency as a form of payment through a partnership with blockchain startup Terra.
2019-10-9 15:14 | |
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Major South Korean convenience store chain CU will now accept a payments app based on the Terra blockchain
2019-10-8 21:33 | |
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South America’s Venezuela has been recording hyperinflation over the past few months, sending its struggling economy on a downward spiral. However, economic conditions have allowed Venezuela and its citizens to finally embrace cryptocurrencies.
2019-10-1 14:00 | |
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Terra’s mobile payments dApp CHAI partners with BC Card - CryptoNinjas Korean based Terra’s mobile payments app CHAI, today announced that it has partnered with South Korea’s largest payments processor BC Card to launch a prepaid debit card called ‘CHAI Card’ by H1 2020.
2019-10-1 10:24 | |
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Five major banks in South Korea have joined the Interbank Information Network (IIN) — JPMorgan’s blockchain payments project. This news further increases the Asian presence in the IIN initiative.
2019-9-23 13:00 | |
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Huge opportunity to capture the unbanked and underbanked, Jeremy Light XRP as a bridge currency will be a game changer RippleNet is now active in more than 40 countries across 6 continents — from Asia, Africa, North America, South America to Europe — reports international Association of Money Transfers Networks (IAMTN). A non profit organization, […]
2019-8-29 20:03 | |
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The music steaming service will join twenty-five partners in a South Korean crypto payments alliance.
2019-8-15 19:30 | |
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HUPAYX, a leading South Korean blockchain project specializing in facilitating real-time crypto payments, is fast gaining traction in the region and it has allied with 400,000 highly reputed stores to establish its own Alliance Group.
2019-8-3 15:41 | |
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Bitcoin Press Release: The South Korean based payment platform HUPAYX specializing in real-time crypto payments is gaining much interest by partnering with various high profile domestic companies and creating its own Alliance Group, whilst tapping into 400,000 stores in S.
2019-8-2 12:40 | |
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These are very interesting times for Bitcoin, which evidently remains the world’s leading cryptocurrency. Despite a price revival of some sorts, it now appears yet another service provider is ending BTC support altogether.
2019-7-17 00:00 | |
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South Korea's most popular credit card firm, Shinhan Card based in Seoul has been granted a patent for its blockchain-based payments system. According to the report shared by the Korea Times, the firm using the newest patent technology has built the global’s first blockchain-powered credit card transformation process that enables settling spending limits, carrying out […]
2019-7-15 20:22 | |
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In an unfortunate turn of events, PayFast, the first-ever online payment gateway accepting Bitcoin (BTC) in South Africa, called time on BTC payments citing fundamental technical issues in the blockchain and a hitch in user-friendliness.
2019-7-14 19:46 | |
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On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.
2019-7-13 21:30 | |
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South African startup Wala aimed to provide unbanked citizens of African nations with a crypto-centric payments alternative, but conflicting stories highlight the service's struggles leading up to its demise in February of this year.
2019-7-12 19:12 | |
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SBI-Ripple Asia, a joint venture of SBI Holdings and the United States Ripple company, expands its network in Asia. Coinone Transfer, a payments business and a subsidiary of Coinone, a major digital currency exchange of South Korea, joined RippleNet, a network of institutional payment-providers including banks and money services businesses provided by Ripple.
2019-6-18 15:00 | |
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In their quest to release their much-awaited cryptocurrency, Facebook has been consistently active in the virtual asset ecosystem over the past few days. Facebook had recently announced the introduction of the Libra Association on June 18th, which was indicated to be the operating unit of Libra crypto.
2019-6-18 00:30 | |
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Coinone, hailed in Asia as one of the continent’s “Big Four” cryptocurrency exchanges, is set to join the Ripple family. Announced on June 17, the exchange performs cross-banking services, while implementing Ripple’s xCurrent solution in its operations.
2019-6-17 19:00 | |
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By CCN Markets: Ripple has announced the launch of operations in Brazil as it prepares to capture a slice of the country’s lucrative remittances market and the South American region as a whole. The enterprise blockchain solutions firm indicated that it made the decision in ‘response to high customer demand in South America’.
2019-6-13 18:55 | |
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Ripple, the enterprise blockchain solution for cross-border payments, announced they have launched operations in Brazil to expand its reach within South America. In addition, Ripple is also bringing on seasoned fintech entrepreneur and executive Luiz Antonio Sacco as managing director to drive strategy and build the Ripple ecosystem in the region. It was reported that […]
2019-6-11 17:41 | |
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Blockchain payments company Ripple has launched in Brazil as the first stage of its planned expansion across South America.
2019-6-11 16:27 | |
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Ripple’s enterprise blockchain solutions enable a better user experience with more agility, transparency and lower cost for cross-border payments. Ripple, the global leader in enterprise blockchain solutions for cross-border payments, launches operations in Brazil to expand its footprint in South America.
2019-6-20 15:32 | |
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Orania, also referred to as an Afrikaner town, found in South Africa has recently considered the likes of cryptocurrencies reports CCN. Said town is home to about 9,000 residents all of whom are White settlers with supposed, goals of wanting a better place for their children, establishing a healthy environment to raise their children and […]
2019-6-10 03:57 | |
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Earlier this week, Wirecard AG reached an agreement with the Japan-based Softbank Group Corporation. The deal states that the bank will invest €900 million in Wirecard through a convertible bond mechanism.
2019-4-27 17:36 | |
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Fin Foundation, a South Korean blockchain startup is looking to revolutionize the Russian and CIS gasoline market by making it possible for people to pay with FIN token when they purchase gas. At current, FIN token is already being accepted at several gas stations across South Korea.
2019-4-25 11:29 | |
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South Africa Set To Welcome Crypto-Assets To Its Native Retail Market Thanks To PundiX And DoshEX As things stand, there currently exist millions of individuals within South Africa who still do not have access to basic banking services or even a tangible financial network that can allow them to facilitate value transfers (using older technologies […]
2019-4-6 21:28 | |
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A South African crypto exchange has partnered with an international blockchain-based payment processing firm. The merger between DoshEx and PundiX will allow early cryptocurrency adopters to spend their holdings in real-world locations in South Africa.
2019-4-6 00:00 | |
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The town of Innisfil, Ontario will be the first municipality in Canada to accept bitcoin in payment for property taxes. The pilot scheme will be in partnership with Toronto-based Coinberry, who simultaneously announced a new easy-to-use cryptocurrency payment solution.
2019-3-29 15:00 | |
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Dash, a top 15 cryptocurrency with a focus on payments, has announced a new milestone in its partnership with the largest crypto broker in South America, Cryptobuyer. As it seeks to further its mission of global adoption and expand influence in the Latin American economy, Cryptobuyer will be incorporating payment gateways with Venezuelan retail giant […] The post Dash Expands With Cryptobuyer To Reach Retailers in South America appeared first on Crypto Briefing.
2019-3-29 22:03 | |
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Coinspeaker South Korea’s Biggest Messaging Platform KakaoTalk Plans a Crypto Wallet IntegrationKakaoTalk wants to leverage blockchain-based crypto transactions providing instant and low-cost payments facility to its 44 million users.
2019-3-19 11:36 | |
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The Center Source SAS has partnered with BitPay to make international payments and settlements faster with lower transaction fees. Business to Business money transfers are usually plagued by high transaction fees while international B2B transfers, further have to deal with the foreign exchange rates. This are some of the problems that a new client to […]
2019-3-14 20:57 | |
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Terra, a blockchain-powered payments platform has received an undisclosed investment from South Korean venture capital firm Kakao Ventures, reports Crowdfund Insider, March 4, 2019. Kakao Goes All in on Terra Saying that South Korea has emerged as one of the global hotbeds for everything blockchain and crypto wouldn’t be a stretch by any means.
2019-3-5 21:00 | |
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South Africa’s Standard Bank Set To Launch Blockchain Technology-Powered Payments System In a bid to facilitate overseas foreign exchanges for its institutional clients in a super fast and cost-efficient manner, Standard Bank of South Africa is making active plans to launch own private permissioned distributed ledger technology (DLT) based payments system, reports Finextra on February […]
2019-3-1 23:55 | |
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Terra, a blockchain-based company that is focused on building a new payment system, today announced a strategic investment from Kakao Ventures, the early-stage venture capital and independent subsidiary of South Korea’s internet giant, Kakao. Through this investment,... Source
2019-2-28 22:07 | |
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A new story published in South East Asian business firm Edge Markets’ publication says that Ripple and its token… The post SE Asian Firm Edge Markets Praises Ripple (XRP) For Its Cross-Border Payments Solutions appeared first on Invest In Blockchain.
2019-1-29 22:16 | |
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HashCash Consultants, a California-based distributed ledger technology (DLT) project focused on creating blockchain-based solutions that enable enterprises to move assets and settle payments seamlessly across borders, is now live in South Africa, according to a press release from January 7, 2018.
2019-1-10 23:00 | |
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Child kidnappers in South African demanded payment of 5 BTC to release a child who is nine years old. According to reports in the nation, a social-media driven site, which fights crime, recently got an email from kidnappers.
2019-1-8 20:57 | |
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Drug Dealers In South Korea Arrested After Receiving Payments In Crypto Drug dealers in South Korea have been arrested by local authorities after selling drugs online and accepting virtual currencies as payment.
2018-12-26 19:28 | |
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While most crypto investors are shooting for the moon, Blockstream is focused on things a bit closer to Earth: in the outermost layer of its atmosphere, to be exact.
2018-12-18 00:31 | |
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South Korea’s first blockchain powered remittance mobile app and web service will be launched this month by crypto exchange Coinone. ‘Cross’ For Faster and Cheaper Cross Border Remittances The service, simply named Cross, will be launched by Coinone Transfer, a payments business and a subsidiary of the South Korean crypto exchange.
2018-12-12 12:00 | |
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Ripple is making strides once again with their goal in providing the seamless transfer of money through blockchain technology… The post Ripple-Powered Payments App Becomes First Blockchain Payment App in South Korea appeared first on Invest In Blockchain.
2018-12-12 22:36 | |
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South Korean crypto exchange Coinone has launched Cross, an app providing cross-border remittances using Ripple's xCurrent product.
2018-12-11 19:00 | |
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Pink Drainer lost 10 ETH ($30,000) to an address poisoning scam, exploiting address similarities. Attackers mimicked Pink Drainer’s wallet address to deceive them into sending funds. The attack comes days after Pink Drainer announced ceasing operations.
Layerswap’s domain, layerswap. io, was hijacked, leading to a phishing scam and $100,000 loss. Despite delays, Layerswap regained control, pledged full refunds, and offered a 10% bonus. Crypto scams remain prevalent, with $46.
So far, concerns have escalated over the use of cryptocurrency by sanctioned groups and terrorist organizations, as revealed in the latest “2024 Crypto Crime Report” by leading blockchain analytics firm Chainalysis.
KyberSwap is yet to get back the $7 million that was stolen on November 22. The decentralized exchange has offered a 10% bounty to the hacker in a bid to get the funds back. Security firm Beosin unveils the intricacies of the exploit, attributing the attack to a vulnerability in Kyber’s liquidity pools.
CREDIX token value has plunged by 100%. The price drop is attributed to a Rug Pull as reported PeckShieldAlert. The rug pull involved a wallet address that executed a swap transaction. In a recent turn of events, the cryptocurrency CredixFinance (CREDIX) has experienced a staggering 100% decline, leaving investors and the crypto community in disbelief.
Lee Jeong-hoon, former Bithumb Chairman, faces an eight-year prison term. Prosecutors assert Lee misled Kim about joint Bithumb management, BXA Coin listing, and restructuring to evade financial regulations.
This obligation won’t be backed by a fine if the company fails to comply, and businesses will still be permitted to pay ransoms, though this is discouraged.