December 2018 Updates
Jan 2 · 4 min read

Happy New Year from!

On top of the holiday festivities, the team shared a number of development and updates. Here are the highlights:

Ledger to accept payment with Pay

Leading hard wallet security firm, Ledger, will implement payments with Pay, powered by the Chain. Read the full article here

MCO Visa Card — Accepting U.S. card reservations address details started accepting address details for U.S. card reservations during the start of the holiday season.

Enhanced Platinum Referral Rewards Program launched the enhanced Platinum Referral Program with a redesigned Referrals & Cashback page. It now includes the universal referral code that allows users to invite friends easily. Read the full article here welcomes Tyson Hackwood to the team

Tyson Hackwood, formerly of PayPal and Braintree, has joined the leadership team as SVP, Head of Global Merchant Acquisition. In his new role, he will be expanding the reach and adoption of Pay, the cryptocurrency payment solution powered by Chain. Read the full article here

CRO listed on GOPAX Chain’s CRO Token listed on leading South Korean exchange, GOPAX, where trading started on 19 Dec. The announcement (in Korean) here Wallet feature updates ‘UPed’ user experience by increasing per transaction and credit card purchase limits. Automated withdrawals were enabled for ETH and ERC20 Tokens (BNB, MCO, and CRO) joining XRP on the new token infrastructure. A card upgrade path was also introduced to users seeking to upgrade. Read the full article here Chain’s first CRO Token Airdrop snapshot

The first CRO Token Airdrop snapshot took place on 7 Dec, at 8:00am UTC for eligible MCO tokenholders in the app. Since the airdrop announcement, the platform saw a large inflow of MCO and a solid increase in MCO lockups. Chain releases consultation paper

On 5 Dec, Chain released a consultation paper and welcomed input from community members, blockchain industry and other stakeholders on the proposed staking and rewards mechanisms for the Chain. Read the full article here on the search for ambassadors is calling for active and enthusiastic community members to join as ambassadors to support the community as it scales and grow. Read about the application here or apply here.

MCO Tokens moved to new address to prepare for integration with institutional-grade custody partner

In preparation for the onboarding to our first selected custody partner,’s MCO Tokens (15,793,851.2682436 MCO) were moved to a new address on 28 Dec, 2018. Read the full article here

Greeting video and Pay preview

Our CEO Kris sent out a holiday greeting to the community in a video that also captured a sneak peek of how Pay works. Watch it here: University now on website

Our University is back to help give an insight to those new to crypto. It can be found on the website at made headlines in various publications

  • Seoul Economic Daily’s Decenter interviewed our Head of Corporate Development Bobby where he spoke about the potential impact and development of and why blockchain is valuable to payment. Full article (in Korean) here
  • ISACA reached out to our CISO Jason for his thoughts on the recent data breach at Marriott in his article “Cybersecurity Due Diligence: Inherited Risk”. Read the full article here
  • Coin Telegraph published an article titled “ Nets Ex-PayPal Exec to Increase Merchant Cryptocurrency Adoption”, covering news of our newly appointed SVP, Head of Global Merchant Acquisition, Tyson Hackwood. Read the full article here
  • Following the announcement of Ledger and Pay’s Memorandum of Understanding (MOU) signing, Coin Telegraph and South Korean publications Tokenpost, Datanet, and Newswire featured the news on their respective sites.
  • Coin Bureau reviewed MCO and wrote a piece on their interview with our CEO Kris. Read the interview and review here.

Other Updates

  • was recognized with the ‘Most Innovative Employer Brand Awards’ — Bronze at the LinkedIn Talent Insights and Awards Night, Hong Kong.
  • contributed to the 2nd Global Cryptoasset Benchmarking Study, a research conducted by the University of Cambridge Judge Business School. Read the report here

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