Hong Kong-based blockchain remittance startup Bitspark has abruptly announced its closure, citing internal restructuring issues.
Sparkdex.HKD is reportedly the first HKD-backed stablecoin on the market, where “US Dollar stablecoins have dominated.”4203
The face of Bitcoin is rapidly changing and there is a noticeable increase in powerful women in the ecosystem.33270
Bitcoin is the fastest growing sector for startup investment; Keybase raises over 10 million in investment round Led by Andreessen Horowitz and other news.507
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The days of high commission digital currency exchanges may be gone, for now. A trend developing in the digital currency exchange world has seen the costs of using these services fall as the developers work harder to attract and keep their user base.530
Bitspark Limited, a digital currency startup based in Hong Kong, announces a partnership with Indonesian startup PT ArtaBit Indonesia to enable end-to-end remittance services from Hong Kong to Indonesia, targeting the 165,000 overseas Indonesian workers present in the city-state who commonly send funds to their families and loved ones.474
Hong Kong-based Bitspark has just announced the world’s first end-to-end cash remittance service that’s transferred via Bitcoin using ReBit. The service caters to Hong Kong’s large population of Filipinos who regularly use services like Western Union and Money Gram to send funds back to the Philippines.700