Largest South Korean Telecom Company Issues Blockchain-Based Local Currency in Busan

South Korea’s second-largest city Busan announces it is launching a blockchain-based digital currency in collaboration with telecom giant KT. South Korea’s biggest telecom company, KT, just announced the launch of a local blockchain-based currency for one of the country’s largest cities, which will reportedly go live on Dec. 30.  Local news outlet dongA reported on […]

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France’s Financial Regulator Grants Country’s First Approval for an Initial Coin Offering

France’s financial regulator approves the country’s first ICO from the company French-ICO. The hype around initial coin offerings may have quieted down in the States, but France seems to be taking a newfound interest. On Dec. 17th, France’s financial regulator, the Autorité des Marchés Financiers (AMF), granted the country’s first approval for an ICO application. […]

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Blockbuster or a Bust? Tickets Industry Lines Up Around the Blockchain

Blockchain has a great future in the ticketing industry, according to experts. However, integration will not be an easy process. Ticketmaster, one of the largest event ticket distributors in the world, announced in October 2018 that it had acquired Upgraded, a blockchain technology company specializing in live event ticketing. By applying blockchain technology, Ticketmaster set […]

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Maker Foundation Announces $27.5 Million MKR Sale, Expands DeFi to Asian Market

Maker Foundation Sells $27.5 million MKR to Dragonfly Capital and Paradigm, expanding their influence in Asia while driving DeFi adoption. The Maker Foundation, the group behind the decentralized crypto platform MakerDAO, announced today that venture capital funds Dragonfly Capital Partners and Paradigm have acquired $27.5 million worth of MKR. This is approximately 5.5% of the […]

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