Search results for Binance Pay
Finance
Danal posts 115.4 billion won first-half revenue, eyes global payments and stablecoin expansion
Danal said in a filing on Thursday it posted first-half revenue of 115.4 billion won and operating profit of 3.0 billion won on a consolidated basis. On a separate basis, it reported revenue of 92.8 billion won and operating profit of 6.9 billion won. The company expanded its payments business, increased transactions in retail, culture and leisure, and continued investment in new businesses including stablecoins and a foreigner payment platform.
Crypto
Binance makes 198 service improvements in first half, incorporating 2,354 user feedback items
Binance said it made 198 functional improvements across 47 service areas in the first half of the year based on user feedback. It said it received 2,354 feedback items from users worldwide from January to June and revamped services and features. Key areas included P2P, Binance Chat, Binance Wallet, account experience and navigation. It also outlined expansions of Binance Pay and Binance Card and reported handling 36,235 law enforcement requests in the first half.
Crypto
Binance affiliates sue RedotPay, alleging 470,000 Binance Card users left
Binance affiliates have filed a $472.8 million damages lawsuit against RedotPay co-founders, alleging RedotPay breached a commercial agreement and moved more than 470,000 Binance Card users to its service. The suit was brought by Nest Trading, Distributed Technologies and Chaintex Consulting Singapore, affiliates of Binance Holdings. Binance alleges RedotPay enabled users to top up RedotPay stablecoin payment cards using Binance Pay outside the contract scope.
