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Crypto

MoonPay steps up push into South Korea, hires Hi Hangyeol Choi as VP of Strategy

MoonPay, a global crypto payments and stablecoin infrastructure company, said on Sept. 17 it hired former Streami vice president Hi Hangyeol Choi as MoonPay Korea\'s VP of Strategy. The company plans to use his appointment to expand cooperation with domestic financial companies and key partners. Choi previously worked at Mirae Asset Securities and IBK Industrial Bank of Korea, and spent more than eight years at Streami, operator of the GOPAX won-based crypto exchange.

Crypto

Nexthurs\' ONE lists on Kraken, begins trading in dollar market

Nexthurs\' native token ONE for its blockchain Onechain has been listed on global cryptocurrency exchange Kraken and has begun trading in the exchange\'s dollar market, the company said on Wednesday. The listing adds a U.S. dollar trading channel to existing domestic and overseas markets where ONE is traded, including Korbit, Coinone and Gopax in won markets and several overseas exchanges. Nexthurs said Onechain is an EVM-compatible layer-1 focused on on-chain games.

Crypto

Korbit under Mirae Asset offers 1-year zero fees, raising questions over exchange race

Korbit, now under Mirae Asset Group, has made trading fees free for one year on all assets in its won market, seeking to boost volume and liquidity. The move is unlikely to shake the dominance of Upbit and Bithumb but could affect Korbit’s competition with Coinone for third place. Market activity has weakened, with average daily turnover at major won exchanges down sharply from January. DigitalX also approved a roughly 50 billion won capital increase.