YENTEN(YTN)

Following a recent bounce off a key level, Klay increased by 17% today and slightly reclaimed its previous high. It has similarly joined in the latest recovery amongst the low-cap altcoins. Klay halted buying at $0.278 last month and went through a broad correction two weeks ago. It ended that […]

Klyatn and Finschia Foundation have proposed to merge the two blockchains to create a Web3 powerhouse in Asia.

Blockchain networks Klaytn, backed by South Korea’s Kakao, and Finschia, developed by Japan’s LINE, have unveiled a merger proposal aimed at combining their technologies and user bases, potentially establishing the most extensive web3 ecosystem in Asia. The proposed merger between the leading blockchains in Japan and South Korea anticipates the […]

Near, Klaytn, and Arbitrum experienced significant growth in new user wallet creation, with year-over-year increases surpassing 600%.

Klaytn’s native token, $KLAY, developed by South Korea’s Kakao, has experienced a substantial surge. This involves hitting a high point not seen in the last six months with an outstanding 17% increase within a 24-hour period. Of course, this notable uptick is notably connected to the buzz surrounding the upcoming Klaymakers23 global hackathon. klaymakers23 Looks […]

Korean-based Klaytn Foundation started its real-world assets (RWA) program intending to drive positive social change on the blockchain.

Road Town, BVI, August 1st, 2023, ChainwireDigital asset exchange LBank continues to focus on providing its users with quality projects to access. For the week starting July 31, LBank has announced its intention to list a total of seven new tokens. These encompass a diverse range of projects.The first token on LBank’s schedule, DBC, was listed on July 31. All DBC-powered platforms are interconnected like a universe, enabling users to learn, play and shop. DBC will be used for membership points and as a means of exchange within the DBear universe. DBC is headed by Man-won Chung, former CEO of SK Telecom which has a market capitalization of $8 billion.The second token, PEPEBURN, also listed on July 31, is a low supply memecoin with less than 1 million tokens created. August 1 then sees the launch of PSUB, an abbreviation of Payment Swap Utility Board and a Klaytn-based blockchain. PSUB forms a circular ecosystem structure between a payments NFT marketplace and online commerce with its own wallet as a hub. In the future, PSUB will form partnerships with various affiliates to expand its platform ecosystem not only domestically but also abroad to solidify its own infrastructure.August 1 also sees the launch of OZON on LBank. This asset takes the role of utility token on a fifth-generation blockchain network. The OZONE blockchain is mainly concerned with digital finance, metaverse, travel, and ecommerce. On the same day, LBS lists on LBank. The token powers a luxury brand distribution, management and payment system using blockchain technology.On August 3, SMETA is to be listed on LBank. Starkmeta is a Singapore-based startup that’s successfully integrated generative AI (ChatGPT) with Unreal Engine 5 and Web3 metaverse games for the first time. It enables users to enjoy social networking with friends and select the products they want with the help of an AI assistant.The following day, DMC lists on LBank. Datamall Chain is an open source blockchain that aims to promote the construction of next generation internet infrastructure. Products will include decentralized storage mining, DeFi, NFTs, cross-chain bridge and cloud storage.For the week running from July 24-30, LBank listed a total of 12 tokens covering NFTs, memecoins, public chains, and GambleFi. Of these, the best performer was Worldcoin (WLD), which rose over 350% since listing.About LBankLBank is one of the top crypto exchanges, established in 2015. It offers specialized financial derivatives, expert asset management services, and safe crypto trading to its users. The platform holds over 9 million users from more than 210 regions across the world. LBank is a cutting-edge growing platform that ensures the integrity of users' funds and aims to contribute to the global adoption of cryptocurrencies.Start Trading Now: lbank.comCommunity & Social Media: Telegram l Twitter l Facebook l LinkedIn l Instagram l YouTubeContactLBK Blockchain Co. [email protected] Blockchain Co. [email protected]

South Korea is a country that delves into new and upcoming technologies all the time. In fact, the capital of the nation, Seoul has been ranked as the world’s ‘leading digital city’ and the ‘tech capital of the world’. Kakao is one of the biggest messaging apps in the country and with more than 44 million active users it’s no surprise. Kakao is integrating a crypto wallet that allows users to use crypto on a day to day basis but in a more casual manner. Just the idea of 44 million people having the chance to use crypto is bullish on its own but what makes this even more interesting is that Kakao is South Korea’s biggest internet corporation. There are several products of Kakao including, KakaoPay, KakaoTaxi, KakaoStory, KakaoStock and of course, KakaoTalk. According to news outlets in South Korea, Kakao has already raised around $90 million in order to develop its own blockchain network called Klatyn. The main idea behind this network is to migrate Kakao’s existing platform onto the blockchain, the first of which is rumoured to be KakaoTalk. With this, the crypto wallet being implemented onto KakaeoTalk is a way to introduce Kakao users and the general public to Kakao’s own blockchain network. Industry executives have said that KakaoTalk is going to be used as a crypto wallet and allow users to send, receive and store cryptocurrencies whilst also enabling them to run several blockchain applications. At first, the use of Kakao’s crypto wallet will be on an opt-in basis. One executive who is familiar with Kakao’s cryptocurrency integration has said that the firm will need a cryptocurrency wallet in order to introduce its proprietary blockchain to the public and its users. “Kakao needs a cryptocurrency wallet for users of Klaytn and the best way to roll out the service is to integrate a crypto wallet into KakaoTalk, which over 80 percent of the population of South Korea use to communicate.” Similar to Kakao, South Korea’s Samsung has integrated a crypto wallet into the new Samsung Galaxy S10. More than 55 million people live in the nation and Kakao is one of the most popular platform out there in the country. With all this exposure, there is a lot of potential for adoption for cryptocurrency. It seems as if South Korea is paving the way to help boost an emerging industry.