| Mobile Web

Search results for April 2023

Finance

Toss \'Quick Account Transfer\' tops 100 billion won in monthly transactions, users reach 12 million

Viva Republica, operator of Toss, said its simple account transfer service \"Quick Account Transfer\" has exceeded 100 billion won in monthly transaction value as of the end of August. Cumulative users also topped 12 million. The service allows payments directly from a bank account via open banking using a six-digit password, without installing a separate certificate. Toss said it streamlined sign-up and payment steps and improved payment success rates.

Crypto

ASX shareholders push lawsuit against former executives over failed blockchain CHESS replacement

Shareholders of Australian Securities Exchange (ASX) are moving to sue former executives and directors over the failed blockchain-based CHESS replacement project. Cointelegraph reported that Rocheville notified ASX it will apply to the Federal Court for permission to bring a statutory derivative action under sections 236 and 237 of the Corporations Act. ASX said there were no allegations against the exchange itself. The project was halted in 2022 after an Accenture review found major design and capability issues.

Industry

LX Semicon starts mass production of automotive MCU to supply Hyundai, Kia

LX Semicon said on Sunday it has started mass production of its motor-control microcontroller unit, the LX61101, and begun supplying it to Hyundai Motor and Kia. It said the chip is its first result in automotive MCUs and the first domestically produced MCU to be installed in Hyundai and Kia vehicles. The company said the chip controls body electronics motors in real time and meets AEC-Q100 and ISO 26262 standards.