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Unconfirmed: South Korean Internet Giant Kakao to Integrate Crypto Wallet in...

Kakao 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 will be able send peer-to-peer transactions using Kakao’s crypto-powered wallet. The South Korean messaging giant will reportedly integrate the wallet in KakaoTalk after the launch of blockchain platform Klaytn’s commercial service, a spin-off of Kakao’s subsidiary Ground X. Recently, Bloomberg reported that the company will conduct another $90 million-capped initial coin offering (ICO) after already raising $90 million. According to Fnnews, Klaytn is scheduled for a commercial launch at the end of June 2019. Previously, Cointelegraph had reported that Kakao spent more than $57 million on new technologies, i..

Twitter CEO Jack Dorsey Still Believes Bitcoin Will Be Internet’s Currency

Co-founder and Twitter CEO Jack Dorsey declared again that he believes Bitcoin will be the internet’s native currency. Co-founder and CEO of Twitter Jack Dorsey declared again that he believes Bitcoin (BTC) will be the internet’s native currency. Dorsey made his comments during an interview with American comedian and podcast host Joe Rogan published on Feb. 2. During the interview, Dorsey stated: “[Bitcoin] was something that was born on the internet, that was developed on the internet, that was tested on the internet…It is of the internet.” The Twitter CEO had made a similar claim before, noting in mid-May 2018 that he sees Bitcoin as a choice for the internet’s native currency. Dorsey is also the founder and CEO of mobile payments company Square, which permits its users to trade in Bitcoin. When asked by Rogan if there are any plans to add other cryptos to the app, Dorsey answered that there are not. As Cointelegraph reported in December last year, Square has been named Yahoo Financ..

40% of Investors Say Blockchain Could Be ‘Most Transformative’ Tech Since...

71 Institutional investors gave their views on blockchain in a survey revealed at the World Economic Forum this week. 40 percent of institutional investors believe blockchain may be the most important innovation since the internet, according to a survey by trade association the Global Blockchain Business Council (GBBC), shared with Cointelegraph Jan. 24. The opinions of 71 investors, which the GBBC quizzed about blockchain this month and last, were revealed at the ongoing World Economic Forum (WEF) in Davos, Switzerland. The GBBC’s findings revealed that 40 percent of institutional investors that responded to its survey think blockchain “could be the most transformative technology since the internet.” In addition, just under a third of investors interviewed believed businesses would need to find a head of blockchain on their boards within the next five years. 38 percent also considered firms would need to reveal their approach to the technology to investors within that time frame. “Th..

“Internet Within an Internet” Arbolet Celebrates 3 Years With English Localization

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Czech Republic based Arbolet is proud to announce 3 years of continuous operation and has celebrated this milestone with the launch of their English localization. Arbolet – The “Internet Within an Internet” Arbolet is an international platform described “as a small internal internet on the internet.” The platform combines many of the benefits provided on the central internet such as watching movies, e-commerce, talking with people, and even investing in cryptocurrencies. The main competitive advantage Arbolet has is the unique environment it fosters, freeing users from censorship or another kind of restrictions. Arbolet also gives back to its users by allowing them to earn based on their contributions to the system, as well as earn up to 21% interest yearly. IF users need stability, they are able to fix funds t..

“Internet Within an Internet” Arbolet Celebrates 3 Years With English Localization

This is a submitted sponsored story. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the content below. Czech Republic based Arbolet is proud to announce 3 years of continuous operation and has celebrated this milestone with the launch of their English localization. Arbolet – The “Internet Within an Internet” Arbolet is an international platform described “as a small internal internet on the internet.” The platform combines many of the benefits provided on the central internet such as watching movies, e-commerce, talking with people, and even investing in cryptocurrencies. The main competitive advantage Arbolet has is the unique environment it fosters, freeing users from censorship or another kind of restrictions. Arbolet also gives back to its users by allowing them to earn based on their contributions to the system, as well as earn up to 21% interest yearly. IF users need stability, they are able to fix funds t..

Despite Reporting Revenue Losses, GMO Internet’s Crypto Mining Rewards Soar

Japan’s GMO Internet Group has confirmed it took a steep hit in overall mining revenue, but saw an increase in monthly BTC mining rewards. Japanese IT giant GMO Internet Group has published the latest monthly disclosure on its in-house crypto mining operations, confirming that it took a steep hit in overall mining revenue. GMO released the disclosure in a publicly available document on Jan. 8, also revealing a steady increase in its monthly Bitcoin (BTC) mining rewards. As previously reported, GMO’s consolidated losses for Q4 2018 totalled 35.5 billion yen ($320 million), with its unconsolidated loss tallying at around 38 billion yen ($334.5 million). As a result, the firm announced it would be shutting down its hardware manufacturing business, but would nonetheless continue its in-house mining operations. These latter will be reportedly subject to restructuring, with plans to relocate GMO’s mining center to a region with lower-cost electricity supplies. As revealed in GMO’s latest mo..

GMO Internet Exits Bitcoin Miner Production After Recording ‘Extraordinary Loss’ in...

The company said that tens of billions of yen in lost profits led it to the decision, which will also see it move its mining center. Japanese internet giant GMO Internet Group is quitting the Bitcoin mining hardware sector, Cointelegraph Japan reported Dec. 25 referencing a public document. Citing “extraordinary loss” in Q4 this year, GMO, which began its foray into Bitcoin mining in 2017, said that it will “no longer develop, manufacture and sell” miners. “After taking into consideration changes in the current business environment, the Company expects that it is difficult to recover the carrying amounts of the in-house-mining-related business assets, and therefore, it has been decided to record an extraordinary loss,” the document reads. GMO will further relocate its mining operation “to a region that will allow us to secure cleaner and less expensive power supply.” The news makes GMO the latest casualty of the 2018 Bitcoin (BTC) bear market, with falling prices taking their toll on ..

Tunisia Internet Agency Signs Strategic Partnership With Blockchain Platform

The Tunisia Internet Agency will host the blockchain platform Universa to develop various blockchain applications in e-governance and the digital economy. The Tunisia Internet Agency (ATI) is going provide hosting services for the Russian blockchain platform Universa, according to a press release shared with Cointelegraph on Dec. 19. Founded in 1996, the ATI is a governmental body run by the Ministry of Communications with the objective to promote Internet usage in the country. Per the release, the ATI has signed a 10-year renewable strategic partnership with the blockchain platform Universa to provide hosting services for the platform and facilitate its further development. The agreement sets up a range of objectives, wherein the ATI will develop value-added services in the blockchain field, digital economy, and digitization of paperwork. The Universa platform will reportedly develop additional applications and services and integrate them into new technological platforms and initiati..

Arbolet – a New, Superior Internet Announces English Localisation

Advertisement This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. CCN urges readers to conduct their own research with due diligence into the company, product or service mentioned in the press release. Bitcoin Press Release: Nowadays, only a few people can imagine life without the internet. In this global network, we are buying, investing money, looking for fun and looking for friends. The Internet should be the foundation of freedom, but in recent years its censorship has intensified, and the privacy of Internet users has been seriously undermined. Arbolet is the new solution. December 12th, 2018, Prague, Czech Republic – Arbolet can be described as a small internal internet on the Internet. It is an international platform originating in the Czech Republic that combines all the benefits of the Internet..

Bitcoin Beats Google Trends in 2018 as Internet Users Seek to...

Google users are keen to understand what Bitcoin actually is — more than anything else, data reveals. Google data shows ‘What is Bitcoin?’ was the most popular search question in the United States and United Kingdom for 2018, showing Bitcoin (BTC) has topped public consciousness online this year. Capping various achievements in search rankings over the past twelve months, Bitcoin’s latest price volatility saw interest in understanding it peak again following a period of price stability. ‘What is Bitcoin’ currently tops this year’s ‘What is…?’ search list, while the annual listings also include one other cryptocurrency-related entry. While Bitcoin has topped the list of ‘What is…,’ the major currency lost its rank on ‘How to…’ queries to the second top cryptocurrency, Ripple (XRP). During 2018, users were googling more on how to purchase XRP, with ‘How to buy Ripple’ making it to fourth place in Google’s ‘How to...’ list, while Bitcoin is currently ranked eighth. The increased populari..
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