Tag: Kakao

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Kakao’s Arm Strikes Real-name Banking Deal with Coinone Crypto Exchange

Kakao Bank, the biggest neobank in South Korea and an offshoot of the internet giant Kakao, has confirmed it has sealed a partnership deal that will see it provide real-name banking services for customers of the crypto exchange Coinone. The deal finally puts an end to months of speculation surrounding the deal. It also sees…
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South Korea’s Biggest Neobank Reportedly on Verge of Crypto exchange Banking Deal

  Kakao Bank, South Korea’s biggest neobank and an affiliate of the internet giant Kakao, has refused to confirm or deny that it has struck a partnership deal with Coinone – one of the four biggest crypto exchanges in the country…. Read More: South Korea’s Biggest Neobank Reportedly on Verge of Crypto exchange Banking Deal…
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South Korean Tech Giant Kakao Takes Over Japanese Crypto Exchange in M&A Deal

  A Japan-based branch of the South Korean internet and tech giant Kakao has snapped up a controlling stake in a Japanese crypto exchange – which could see it seek to integrate its web-based cartoon output with its crypto services…. Read More: South Korean Tech Giant Kakao Takes Over Japanese Crypto Exchange in M&A Deal…
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Klaytn token down 15% in a month, but network’s TVL shows resilience

KLAY’s market cap is roughly 70% below its all-time high, but the network’s TVL and DApp data hint that the service-oriented blockchain might bounce from its lows. Klaytn (KLAY) had a promising start in March 2021, reaching an impressive $11 billion market capitalization following its debut. However, investors have exaggerated their expectations as the token’s…
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Polygon’s USD 450M Boost, Inflows in Bitcoin Grow, ETH Still Sees Outflows + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Polygon’s USD 450M Boost, Inflows in Bitcoin Grow, ETH Still Sees Outflows + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

South Korea’s leading blockchain facing greater competition in NFT market

South Korean blockchain platform Klaytn may see its domestic dominance dwindle if it cannot keep pace with competitors such as Polygon. South Korea’s nonfungible token (NFT) space has rapidly expanded throughout 2021 led by the growth of crypto and NFT services offered by Kakao, but competitors are entering the fray. The NFT market in South…
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Bullish Bitcoin trading in Korea provides tailwinds for Kakao share price

Analysts in South Korea are predicting a significant share price increase for Kakao amid the current Bitcoin bull market. With crypto trading reportedly reaching feverish proportions in South Korea, internet giant Kakao might be set for an upward share price advance. Quoting comments from analysts Mirae Asset Daewoo — a South Korean brokerage outfit —…
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