ICON (ICX) Partners with Social Media App LINE: More Customers to Join Blockchain?

ICON partners with LINE in a move that could bring as many as 200 million users to the ICX blockchain. Will ICON (ICX) begin to grow as a result?

ICON Partners with LINE

The 19th largest cryptocurrency is working with Japan’s biggest social media messaging app to develop dApps on the ICX blockchain, reports CCN.

The LINE messaging app has over 200 million monthly active users, and both companies are hoping that LINE’s customer base will start interacting with the blockchain and the dApps once they’ve been developed. The other hope is that the ...

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200 Million Users Messaging Giant LINE Partners Blockchain Project ICON

ICON, the $1.6 billion blockchain project created by developers from South Korea, has secured an official partnership with LINE, Japan’s largest messaging app that supports more than 200 million monthly active users. LINE’s Entrance Into Cryptocurrency Exchange Market On January 31, CCN reported that LINE is set to launch a cryptocurrency exchange within 2018 with … Continued

The post 200 Million Users Messaging Giant LINE Partners Blockchain Project ICON appeared first on CCN

Exclusive: 200 Million Users Messaging Giant LINE Partners Blockchain Project ICON

ICON, the $1.6 billion blockchain project created by developers from South Korea, has secured an official partnership with LINE, Japan’s largest messaging app that supports more than 200 million monthly active users. LINE’s Entrance Into Cryptocurrency Exchange Market On January 31, CCN reported that LINE is set to launch a cryptocurrency exchange within 2018 with … Continued

The post Exclusive: 200 Million Users Messaging Giant LINE Partners Blockchain Project ICON appeared first on CCN

Bitcoin.com’s This Week in Bitcoin Podcast is Mandatory Listening

Bitcoin.com’s This Week in Bitcoin Podcast is Mandatory Listening

Veteran podcaster Matt Aaron lends his curation and vocal talent to a smooth few minutes each week in summation of the Bitcoin world’s most important news, This Week in Bitcoin (TWiB). Every Friday, listeners get breakdowns and commentary in bite-size format, leaving them informed and with plenty of time to go about their day.

Also read: The Bitcoin.com Podcast Network Presents: This Week In Bitcoin

Each Friday, the Bitcoin World’s Most Important News

The Bitcoin.com Podcast Network is growing with the launch last month of This Week in Bitcoin, a weekly ten to fifteen minute summary of all things Bitcoin ecosystem. Mr. Aaron is the show’s host by way of Bogotá, Colombia, where he began podcasting for his Food Startups Podcast to promote exporting exotic South American fruit to the United States.

He sheepishly admits to earning his first slice of bitcoin wagering on Donald Trump’s eventual victory in the 2016 presidential election, though he’s careful to explain it wasn’t an endorsement … just cold, cool speculation.

Friday’s Quick Fix: This Week in Bitcoin is Mandatory Listening
Matt Aaron’s view from this year’s North American Bitcoin Conference in Miami

“For those that want to keep up with the Bitcoin world but don’t have tons of time,” he explained to News.Bitcoin.com, “this is a 10 minute weekly show people can listen to on their commute, at the gym, etc. We want to build the #1 podcast network in the cryptosphere, and focus on shows that can be enjoyed by everyone,” he stressed.

Mr. Aaron already has five TWiB episodes in the can, the latest dropped this Friday. Every Friday, in fact, listeners can expect to be greeted by a sultry British rose announcing a fresh broadcast while interspersed with electronica. Mr. Aaron then takes over, presenting the most relevant stories of the week between synth breaks for punctuation.

Friday’s Quick Fix: This Week in Bitcoin is Mandatory Listening

With weekly help from News.Bitcoin.com‘s Kai Sedgwick, the current round of news he labeled good, bad, and bizzare, noting Facebook’s crypto ad ban and whether that’s a positive; Square’s continued love for bitcoin; more South Korea news; the entrance of Samsung into the ecosystem; Tether’s troubles; initial coin offering scams; El Petro’s white paper from Venezuela’s executive; and the Japanese app Line’s launching of crypto trading. These are market-moving pieces, ones savvy bitcoiners need to be apprised in order to stay informed. 

In addition to TWiB, February 13th the Bitcoin.com Podcast Network will publish a new show, Humans of Bitcoin with host Katie, a journalist covering the real lives of bitcoiners which will include some higher profile guests. Keep up with TWiB at its landing page, subscribe on iTunes or Stitcher, and be sure to leave a comment and rating to help others learn about the show.

What kinds of bitcoin-related podcasts would you like to hear? Let us know in the comments section below.


Images courtesy of Pixabay, TWiB.


Not up to date on the news? Listen to This Week in Bitcoina podcast updated each Friday.

The post Bitcoin.com’s This Week in Bitcoin Podcast is Mandatory Listening appeared first on Bitcoin News.

Japan’s Most Popular Chat App Launching Cryptocurrency Exchange

Japan’s Most Popular Chat App Launching Cryptocurrency Exchange

The operator of Japan’s most popular chat app with approximately 168 million monthly users has announced its plans to launch a cryptocurrency exchange. Line Corporation has already begun the registration process as a crypto exchange with the country’s financial regulator.

Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Line Starting Crypto Business

Japan’s Most Popular Chat App Launching Cryptocurrency ExchangeThe operator of Japan’s most popular messaging app, Line Corporation, officially announced its plans on Wednesday to launch a cryptocurrency exchange.

The company has established a subsidiary called Line Financial Corporation “as a follow-up to Line Pay” in order to “further reinforce its position in the financial business domain,” its announcement details, adding that:

Going forward, Line will use this new company as a base as it proceeds with preparations to provide a variety of financial services, including a place to exchange and transact virtual currencies, loans, and insurance – all from the Line app

Japan’s Most Popular Chat App Launching Cryptocurrency ExchangeLine Pay is the mobile money transfer and payment service linked to the Line chat app. Launched in 2014, it has signed deals with over 30 banks across Japan to allow instant transactions using its platform, as news.Bitcoin.com previously reported. In Wednesday’s announcement, the company claims that Line Pay’s registered users have reached 40 million and its global transaction volume last year exceeded 450 million yen (~US$4.14 million). However, the company has not confirmed whether its new cryptocurrency exchange will be integrated into Line Pay.

Application to Operate a Crypto Exchange

Since the Japanese Payment Services Act went into effect in April of last year, all companies seeking to operate cryptocurrency exchanges must register with the country’s Financial Services Agency (FSA). So far, 16 crypto exchanges have been approved.

Line revealed on Wednesday:

The application process for registration as a virtual currency exchanger has already been started with the Financial Services Agency, and it is currently under review.

Japan’s Most Popular Chat App Launching Cryptocurrency ExchangeThe company’s announcement came amid the FSA’s investigations of all cryptocurrency exchanges in Japan following the recent hack of one of the country’s largest crypto exchanges, Coincheck. The FSA typically takes two months to approve a registration, except for Coincheck’s application which it has been reviewing for over four months.

Regarding the Coincheck hack, president and CEO of Line Corporation Takeshi Uezawa commented that “security is Line’s priority,” NHK reported.

Line’s crypto exchange announcement came as its counterpart in South Korea rose to become the country’s largest crypto exchange by trading volume in just a few months. Upbit is an exchange backed by Kakao Corp which operates South Korea’s most popular chat app, Kakao Talk. While Upbit has over 120 coins listed due to its partnership with the US-based Bittrex, Line has not revealed how many cryptocurrencies will be supported on its platform.

Do you think Line’s crypto exchange will do well? Will you use it? Let us know in the comments section below.


Images courtesy of Shutterstock, Nikkei, and Line Corporation.


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The post Japan’s Most Popular Chat App Launching Cryptocurrency Exchange appeared first on Bitcoin News.

SoftBank buys into Line’s mobile service in Japan

 SoftBank is partnering up with messaging app Line to help develop its Line Mobile telecom service. Line announced that it has agreed to allow SoftBank to take a 51 percent in the business via an issuance of new shares. The deal is expected to close by March. From the documents, its mobile business is valued at around $15 million (1.7 billion JPY) but a company spokesperson told TechCrunch… Read More

Chat app Line announces plan for cryptocurrency services, loans and insurance

 Line, the messaging app with around 200 million monthly users, is embracing bitcoin and other cryptocurrencies to fend off increased competition from Facebook and others. The Japanese company told announced the creation of a new financial services division which will spearhead a move into cryptocurrencies and other services including loans and insurance. Line already operates a payment… Read More

Chat app Line is reportedly considering its own cryptocurrency

 Tickets please, the next crypto train is about to depart. Japan-based messaging app Line is said to be the latest public company to consider a move into the blockchain and cryptocurrencies, according to a Bloomberg report. Unlike some of the more obscure and head-scratching moves, which include China’s forgotten social network and an iced tea company, there would be some merit to Line… Read More