A tough crypto regulatory stance has not discouraged Korea’s largest companies from investing in blockchain. Unlike in other countries, where startups are at the heart of blockchain development, the South Korean blockchain landscape has “chaebols,” large, family-owned business conglomerates in Korea, at its heart. Just about every month, reports and announcements of large South Korean […]
Continue Reading
Chaum says he believes the real killer app for blockchain and crypto will be privacy-oriented messaging systems integrated with payments. E-cash inventor David Chaum says he believes the real killer app for blockchain and cryptocurrencies will be privacy-oriented messaging systems integrated with payments. Chaum made his remarks in an interview on the Bloomberg Odd Lots […]
Continue Reading
Dunamu gave funding to 26 blockchain startups as part of a multi-year investment roadmap. The parent company of South Korean cryptocurrency exchange Upbit has invested almost $50 million in blockchain startups since March 2018, English-language Korean business news outlet The Investor reported on May 15. Dunamu, which created a dedicated investment subsidiary, Dunamu & Partners, […]
Continue Reading
South Korean internet giant Kako has announced the release date of its blockchain platform. Ground X, the blockchain arm of South Korean internet giant Kakao Corp, has announced the launch date of its own blockchain platform, a Cointelegraph correspondent learned at Consensus 2019 on May 13. Per the announcement, the Klaytn mainnet will launch on […]
Continue Reading
Plans are afoot to give Disney a major say in the fate of Bitstamp and Korbit platforms in future. Two major cryptocurrency exchanges could soon have Walt Disney Corp. as their owner if a $13 billion equity deal goes through, South Korean English-language daily news outlet The Korea Herald reported on April 17. Citing a […]
Continue Reading
Liquid has hit unicorn status with the first close of an ongoing Series C funding that puts the company valuation at over $1 billion. Japanese crypto trading platform Liquid has hit unicorn status with the first close of an ongoing Series C funding that puts the company valuation at over $1 billion. The news was […]
Continue ReadingSouth Korean messaging giant Kakao Corp will focus on developing a blockchain-based payment system with Festy. Kakao Corp, a major Internet conglomerate and service provider for popular South Korean messaging app KakaoTalk, and an Ireland-based ticketing startup have signed a partnership agreement to develop a blockchain-based payment system. Irish business news outlet Fora reported on […]
Continue Reading
Kakao’s fintech arm Dunamu is reportedly launching a blockchain service platform designed to help companies start businesses. Dunamu, the fintech arm of South Korea’s largest Internet corporation Kakao, is reportedly launching a blockchain service platform designed to help companies start businesses using blockchain. Korea’s JoongAng Daily reported the news on March 19. The platform, which […]
Continue ReadingKakao Corp is reportedly planning a crypto wallet-to-messenger integration after the commercial launch of the Klaytn platform. South Korea’s biggest internet corporation Kakao will reportedly integrate its crypto wallet in its messaging app KakaoTalk, local financial news agency Fnnews reported on March 18. According to the report, more than 44 million South Korean KakaoTalk users […]
Continue Reading
Industry experts are forecasting wider adoption of cryptocurrencies and the emergence of another bull market. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data […]
Continue Reading