South Korea's Kbank, the country's first internet-only bank, has officially partnered with Ripple to pilot blockchain-based cross-border remittances, focusing on corridors like Korea-UAE and Korea-Thailand. This partnership aims to replace traditional SWIFT transfers, which require pre-funded correspondent accounts, with faster, liquidity-efficient payments. Contrary to rumors, Jeonbuk Bank has not confirmed any partnership with Ripple but has pursued other fintech initiatives including real-time remittances with Nium and crypto wallet integrations. Kbank's confirmed pilot marks a significant step for Ripple's expansion in Asia, where it faces competition from SWIFT's upgraded services and other payment firms like Nium and Wise.
Stellar (XLM) has fallen 16% over the past month and 3.2% in the last week, breaking a brief rally sparked by a May partnership announcement. Despite a bullish swing structure from the May surge, ongoing selling pressure and weak buying momentum sugg...
Harmony Protocol suffered a major security breach on August 12, 2026, when an attacker exploited verification flaws to mint 2.385 trillion unauthorized ONE tokens. This caused the token price to plummet over 30%. In response, the developers decided t...
Hawaii American Water discharged about 717,000 gallons of partially treated wastewater at Sandy Beach due to a power outage caused by Tropical Storm Lala. The discharge started around 3:45 p.m. HST and stopped after generator power was restored at 6:...
APA Corporation continues to be rated a Strong Buy due to its robust free cash flow, increased cost savings, and promising potential from its Suriname project. The company exceeded earnings expectations, raised its 2026 Permian oil production guidanc...
In Austria, swapping bitcoin directly for physical gold is considered a taxable event, unlike exchanging one cryptocurrency for another, which is generally tax neutral. The gain is calculated based on the difference between the bitcoin's acquisition ...
