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Crypto

Charles Hoskinson says Cardano could become world's top coin and overtake Bitcoin

Cardano (ADA) founder Charles Hoskinson (찰스 호스킨슨) set a long-term success benchmark for ADA as securing the world’s leading blockchain status rather than a simple price rebound. He said the ecosystem’s ultimate goal is to build decentralised technology that can change the world and become the most advanced blockchain protocol. ADA is trading around $0.1441, down 95.34 percent from its 2021 peak of $3.10, and ranks 18th by market value.

Crypto

EU MiCA rules drive crypto firms' exodus to Dubai

With the European Union's MiCA crypto rules set to take effect on July 1, unlicensed crypto firms and exchanges risk losing eligibility to serve European customers. That has accelerated moves by European crypto companies to consider entering the United Arab Emirates, especially Dubai. Legal consultations on setting up UAE entities and securing licences are rising, with many inquiries from Europe. Major exchanges also face pressure, while licensed rivals offer incentives to attract users.

Finance

Hana Bank launches Narasarang card summer cashback event

Hana Bank is running a cashback event for customers who newly issue its Hana Narasarang Card. The bank said the "Hana Narasarang Card Summer Cashback Event" will run through the end of September. Customers who spend at least 10,000 won per transaction at CU, the Musinsa online mall, McDonald's or the public delivery app Meokkkaebi can receive 10,000 won cashback. Cashback is limited to 2 times in total, with a maximum benefit of 20,000 won per customer.