Thu. Jun 20th, 2019

Man stabbed over missing bag

Representational Image

A 48-year-old man was allegedly stabbed at Ernguul park by another man who is reported to escape after the crime.

The alleged crime took place on Wednesday, April 3, after the victim went around the city searching for his missing bag which he alleged was taken by Tyler Kyota.

The victim saw Kyota at the Ernguul park and decided to confront him about the missing bag.

The confrontation led to a heated argument between the two and Kyota then allegedly stabbed the victim under the armpit.

However, the contents of the supposed missing bag that led victim to Kyota were not revealed by the officials.

According to Public Information Officer at Ministry of Justice, the incident did not result in death. (By Eshan Kalyanikar)


ICB Bank and Pangea Foundation to cooperate on a password-based financial services business

June 14, 2019 - Palau ICB Bank will launch new financial services based on the Pangea Foundation and cryptography promote business.

ICB Bank on Thursday, the cryptographic currency foundation Pangea (PAN) and block chain-based cryptography and signed business agreement to promote the financial services business.

ICB Bank uses the Pangea Foundation's password currency 'Pangea' to combine financial services. We plan to jointly promote various Pin Tech businesses.

In particular, ICB Bank is working with Pangea Foundation. ICB Bank promote issuance of visa cards and master cards based on cryptography. The company is releasing debit cards that can be settled as collateral.

If a Visa or Master Card is actually issued, payment will be made in everyday life anywhere in the world. It is becomes possible, consumers can use the Visa/Master Card on-line merchant's Bitcoin, Ethereum.

The bank, a financial institution works with the Cryptographic Fund to provide financial services that can be applied in everyday life. The roll out is expected to be the first in the block chain pin tech industry.

An official from the Pangea Foundation said, "Working with the bank, in the future, global credit card companies and we will expand services to Eurpoe, Latin America and other countries in connection with possible banks." he said.

On the other hand, Cryptography Pangea (PAN) is an ERC20-based token used for remittance and payment. Adds a centralize authentication agreement to decentralized lenders technology for faster transaction rates. Billing platform at the same time. Currently, Indonesia, Vietnam, Uzbekistan, Europe, etc. and the Cryptographic Exchange of eight countries in Southeast Asia and Latin America.

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