Dash can be paid through a wristband

Festy, new wristbrand by Bitcard, allows to pay by Dash in real world
19 July 2017   1305

Fast growth of cryptocurrency market and their popularity leads to new interesting "real-life" techs, related to cryptocurrencies.

Irish gift cards platform Bitcard announced the release of the Festy wristband, which allows the payment of Dash cryptocurrency.

The multifunctional Festy is compatible with POS systems, where Visa payWave contactless payment technology is implemented. Also, it's able to interact with various devices equipped with NFC. The new solution also provides for the possibility of making offline payments using QR codes. All this allows you to adapt this technology to any environment and enables you to quickly pay off crypto currency at a variety of points of sale, including shops, bars, restaurants, etc.

You can replenish the account of the device through certain ATMs. Festy allows transactions within a few seconds and involve binding to a Dash account. 

Dealers to Sell Drugs For Crypto in Korea

Nine criminals arrested; they were accepting DarkCoin (Dash) cryptocurrency
25 December 2018   474

The authorities of South Korea detained nine people accused of distributing drugs for cryptocurrency, Finance Magnates reports.

As prosecutors of central district of Seoul announced on Sunday, the alleged criminals were involved in the distribution of drugs in Darkweb, and even created a separate website for this. Over time, he began to attract more and more visitors. Between March and November, there were 636 people in their community. To date, the site has been closed. It is noted that this is the first such operation of the South Korean authorities in the darkweb.

The detainees are also accused of growing marijuana and selling homemade hashish. In addition, they ordered other psychoactive substances abroad and distributed them to local residents. The owner and developer of the site among other things charged with the use of marijuana.

For financial transactions, dealers used the DarkCoin cryptocurrency (note - obviously, they mean Dash, which received its current name in 2015). Now, the authorities intend to keep 100 million won ($ 88,700), received from the practice of illegal activities.

Earlier this year, British police confiscated at least 300 bitcoins worth about $ 1.7 million owned by drug dealers and money launderers who used cryptocurrency to conceal their activities. In the US, the problem is even more ambitious - in June, 35 people were detained, from whom a total of $ 20 million was withdrawn in cryptocurrencies.