Connect with us

Blogs

Cardano (ADA) Partners with Major South Korean Payment Platform, Metaps Plus

Published

on

unifox-ad
Cardano
READ LATER - DOWNLOAD THIS POST AS PDF

Cardano (ADA) has secured a monumental partnership with South Korean Payment platform giant, Metaps Plus. In the announcement less than 3 days ago, and through the Emurgo.io website, ADA will now be “used in over 33,000 offline franchise stores and promotions partnering with named franchise who are current Metaps Plus’ partners by Q3, 2018”. This means that with this partnership and the aforementioned planned integration, ADA will be one of the few cryptocurrencies that have been integrated into a mobile payment platform in the greater Asian region.

The CEO of EMURGO, Ken Kodama, had this to say about the announcement:

“Our partnership with Metaps plus will allow Ada to expand more rapidly and be recognized eventually as a new way for payment settlement in the Korean market. I am very excited to be able to open a new era together through this platform.”

The chairman of the Cardano Foundation, Michael Parsons, was also excited about the partnership. He said:

“The adoption of Cardano’s Ada cryptocurrency token by Metaps Plus means immediate digital payments or settlements, with little to no fraud, can soon take place in Korea, a country that has a pioneering history of innovation and early adoption of new technologies.This can only benefit the future adoption of cryptocurrencies in general and ADA in particular.”

This partnership is huge in the sense that Metaps Plus is one of the largest mobile platforms in South Korea with over 10 Million mobile to offline transactions across over 40,000 offline stores to date. Also to note is the significance of South Korea in the Crypto-verse. The impact of their Regulators and government officials with respect to regulations and crypto crackdowns, in turn, causes havoc in the markets given that South Koreans make up a large proportion of crypto traders.

Evidence of this can be seen with the current market decline due to rumors of the South Korean exchange, Upbit, being investigated for fraud. If South Koreans can cause a panic of this magnitude in the markets, the inverse is also true. They can propel Cardano to new levels with this partnership and eventual adoption in the country.

For the latest cryptocurrency news, join our Telegram!

Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.

Image courtesy of Pexels

Altcoins

3 Coins Coinbase Will Adopt Next

Published

on

Coinbase
READ LATER - DOWNLOAD THIS POST AS PDF

Coinbase is one of the largest and most popular cryptocurrency exchanges in the world. However, throughout its existence, it was very picky when it comes to which coin it will adopt. So much so, that it has become a very large achievement to get support by the exchange.

Recently, however, Coinbase has decided to act on its users’ wishes and expand its list of accepted coins. In theory, this was a big deal, and the exchange actually started looking into a lot of coins. However, it only adopted a few of them. Right now, Coinbase is supporting Bitcoin, Ethereum, Bitcoin Cash, Ethereum Classic, Litecoin, USD Coin, Basic Attention Token, and 0x.

Even so, Coinbase wishes to add more of them, but only after it ensured that the coins are a part of legitimate, non-controversial projects. As a result, the entire crypto community started speculating about which coins will be added next. This will also be something that we will try to answer today, by listing three projects that are the most probable candidates.

3. EOS

EOS or Ethereum On Steroids, as some like to call it, is a more than a decent project that has made headlines multiple times this year due to its progress. It managed to launch its own MainNet, which made it perfect for dApp development and smart contract creation. This makes it similar to ETH, but many…

Continue Reading

Bitcoin

What Will It Take For Bitcoin (BTC) To Rise Again?

Published

on

Bitcoin
READ LATER - DOWNLOAD THIS POST AS PDF

It is no secret that 2018 has been a terrible year for cryptocurrencies when it comes to their value. Things looked so bright during the first few days of this year, with Bitcoin hitting $20,086 per coin, and every altcoin reaching new heights. However, it was not to last, and soon enough, the market crashed, and prices went down.

What followed was months and months of a heavily bearish market that kept pushing the prices further and further down. It prevented any attempt of recovery, although several of them gave it their best shot.

Despite a situation like this, crypto investors never forgot the potential of Bitcoin, and many have been predicting another bull run that would have the same results. Those expectations were quite large, and potentially even unrealistic at first. Now, however, as the year approaches its end, it doesn’t seem like anything will happen. The community started to wonder why that is, and what would it take for another bull run to emerge, which is what we will try to answer right now.

What does Bitcoin need in order to have another bull run?

1. Bringing regulation

The crypto space remains highly unregulated in most parts of the world, which is one of the largest reasons why BTC remains dormant. While there are attempts to regulate it, these attempts are made even more difficult due to the fact that the market is constantly changing and…

Continue Reading

Altcoins

Stellar plans to Airdrop 150 Million USD in XLM to Blockchain Wallet Users

Published

on

Stellar
READ LATER - DOWNLOAD THIS POST AS PDF

Recently the Stellar Development Foundation partnered with Blockchain Wallet to airdrop $150 million value of XLM, to the owners of the wallet. The Block declared that the first batch of XLM would be shared this week for all users who signed up to use the Blockchain wallet.

The team behind the stellar Development Foundation hopes that this partnership will make XLM a real rival for other cryptocurrencies from the market.

The co-founder of Stellar, Jed McCaleb declared the following about the airdrop:

“We believe that airdrops are central to creating a more inclusive digital economy. Giving away lumens for free is an invitation to communities to design the services they need.

By working with Blockchain to increase the availability and active use of lumens on the network, we will increase the network’s utility by many orders of magnitude.”

Just $25 value of XLM each

To share some respect to the worth of XLM will distribute for each user, the team of Blockchain wallet declared that after verifying the identity when signing up to the wallet, $25 value of XLM will be shared to each. Furthermore,  there will be a first- come and the first-served clause in this airdrop which says:

Offer available until XLM giveaway supply is depleted. Limit of one XLM airdrop per person, unless participating in any bonus activities.

A person can receive the XLM airdrop in only 1 Blockchain Wallet.  XLM…

Continue Reading

Elite