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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

Crypto liquidations surge as oil, yields jump; XRP, Ethereum, Solana stumble

The cryptocurrency market logged large-scale liquidations as macroeconomic jitters and risk-off sentiment weighed on prices. About $369.67 million in derivatives positions were forcibly liquidated in a day, pushing bitcoin and major altcoins lower. The slide centred on XRP, Ethereum and Solana as total market value fell to around $2.59 trillion to $2.70 trillion. Long positions accounted for most liquidations, while spot ETF flows showed net outflows for bitcoin and inflows for some other tokens.

Crypto

XRP may dodge September weakness as ETF flows, U.S. Clarity Act vote draw focus

XRP is showing strength ahead of September, a month often seen as weak for cryptocurrencies. U.Today reported XRP has closed higher in September 5 times and lower 3 times since 2018, with an average return of 12.19 percent. An analyst cited chart patterns shared with XLM and bitcoin, record weekly inflows into spot XRP ETFs and Goldman Sachs holdings. Attention is also on a Sept. 15 U.S. Senate vote and a 1 billion XRP escrow release.