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South Korean Crypto Exchange Bithumb To Launch US Security Token Platform
In spite of their relative youth, security tokens have been lauded as the inevitable future of the crypto and blockchain industry. While some pundits would beg to differ, security tokens moved a step closer towards global adoption on Thursday, as it was revealed that Bithumb has plans to launch a cutting-edge U. дальше »
2018-11-1 12:00 | |
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Changelly Exchange Assists Bithumb In Recovering 1 Million XRP Coins Worth $460,000
The biggest crypto exchange in South Korea, Bithumb was a victim of a massive hack that resulted in a loss of over $30 million of virtual assets. The breach in hot wallet resulted in the exchange immediately stopping their deposits and withdrawal while they moved their funds to the safety of cold storage. Bithumb also […] дальше »
2018-10-31 10:00 | |
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Funds SAFU: Changelly Recovers 1 Million XRP ($460,000) For Bithumb
Changelly Recovers Over $460,000 In XRP For Bithumb In mid-June, as reported by Ethereum World News, South Korea’s foremost cryptocurrency exchange, Bithumb, fell victim to a devastating hack, losing a reported $30 million in the breach of its hot wallets, which are actively connected to the web. дальше »
2018-10-31 06:10 | |
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South Korea Cracks Down on Unauthorized Cryptocurrency Funds
South Korean financial regulators are cracking down on unauthorized cryptocurrency funds. In particular, one crypto fund launched by a local exchange is reportedly being investigated. The exchange claims no wrongdoing as its token activities were carried out overseas, but has promptly canceled its plan to launch a second fund. дальше »
2018-10-31 02:00 | |
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Metaps subsidiary company opens new secure cryptocurrency exchange, UpXide
CryptoNinjas Upside, a subsidiary of Korea’s Metaps Plus, the mobile fintech and blockchain company, announced today that it has officially opened a new secure cryptocurrency exchange called UpXide. дальше »
2018-10-30 12:32 | |
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Why South Korea’s Biggest Game Developer Acquired Crypto Exchange Bitstamp
NXMH, the subsidiary of NXC, the $10 billion parent company of game development firm Nexon, acquired major crypto exchange Bitstamp. Based in Belgium, NXMH is a Brussels-based investment firm which has made several high profile acquisitions of European corporations throughout the past five years including Stokke, a Norwegian firm that manufactures baby strollers that penetrated into […] The post Why South Korea’s Biggest Game Developer Acquired Crypto Exchange Bitstamp appeared first on CryptoSlate. дальше »
2018-10-29 14:46 | |
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Korean Crypto Exchange Earns Key Government Cybersecurity Certification
South Korean cryptocurrency exchange GOPAX has become the first blockchain company to attain K-ISMS certification, the official standard in Korea for information security management systems. дальше »
2018-10-30 23:51 | |
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Regulations Roundup: SEC Considers Crypto Fund Criteria, South Korea Warns Investors
In this edition of Regulations Roundup, we focus on the U. S. Securities and Exchange Commission’s (SEC) ongoing discussions with companies that are interested in setting up cryptocurrency funds. дальше »
2018-10-26 18:45 | |
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Poloniex Revised Terms of Use, Shutters Services in Several Countries
With a revision to the popular exchange’s terms of use, users from a handful of jurisdictions will have their access to Poloniex shuttered. According to an October 18, 2018, update, “the websites and the services offered by Poloniex (as defined below) are NOT addressed to persons who have their registered office or place of residence in China, Germany, Pakistan, the U. дальше »
2018-10-26 22:46 | |
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Bithumb Will Provide 70-Percent Transaction Fee Payback to Overseas Users
As a token of appreciation for their continued support, South Korea based cryptocurrency exchange Bithumb is now offering a 70-percent transaction fee payback program for its overseas users. The exchange has decided to provide these refund benefits to users who completed transactions worth KRW 1 billion from Oct. дальше »
2018-10-25 17:59 | |
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North Korean Hacking Group Lazarus Behind $571M in Hacks Since January 2017
North Korean cybercrime hacking group The Lazarus Group is currently the biggest crypto hacking syndicate in the world, having stolen millions worth of cryptocurrencies from online exchanges. дальше »
2018-10-20 00:22 | |
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South Korean Crypto Exchange Bithumb Launches a Decentralized Exchange
On October 15, 2018, South Korean cryptocurrency exchange Bithumb announced they are launching their first official decentralized exchange, dubbed Bithumb DEX. The Korean crypto giant Bithumb is said to leverage OneRoot R1 protocol to increase the overall efficiency of the decentralized exchange. дальше »
2018-10-19 15:00 | |
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Bithumb Will Start a Special Promotion for New Foreign Users
South Korea based cryptocurrency exchange Bithumb will be running a new special promotion for new foreign users between Oct. 15 and Nov. 14. The promotion will target new foreign users on the platform who sign up during the promotion period. дальше »
2018-10-18 20:29 | |
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BK Global’s Entry Into Bithumb Could Pave the Way for Its Singapore Expansion, Improve Security
A Singapore-based consortium has just acquired a 38-percent stake in Bithumb, one of South Korea’s largest cryptocurrency exchanges. The deal is viewed as a positive development for the exchange as it could improve its security and even speed up its entry into the Singaporean market. дальше »
2018-10-18 18:49 | |
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China’s crypto exchange BTCC will launch trading services in South Korea next month
BTCC, China’s first Bitcoin (BTC) exchange, is set to launch trading services in South Korea, Korean business outlet The Investor reported on October 16. BTCC, which presently has headquarters in Hong Kong, will reportedly start beta services for trading in South Korea later this month and make its official debut in the market in November. […] дальше »
2018-10-22 12:05 | |
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BTCC Launching Cryptocurrency Exchange in South Korea
Hong Kong-headquartered cryptocurrency exchange BTCC is reportedly launching services in South Korea this month. In addition to a cryptocurrency exchange, the company will offer a wallet service, a mining pool, and a consumer payments service, according to its Korean website. дальше »
2018-10-17 07:55 | |
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Bithumb DEX Officially Launches as New Decentralized Trading Exchange
Bithumb Launches Decentralized Exchange Bithumb, the second largest crypto exchange of South Korea, is ready to launch its own decentralized exchange (DEX). The announcement comes amidst many other companies doing the same, including binance, the largest exchange in the market. дальше »
2018-10-17 23:01 | |
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Bithumb Launches New DEX with No Transaction Fees and Airdrop Event
Bithumb, South Korea’s second largest cryptocurrency exchange officially launched its Decentralised Exchange (DEX) on October 15 and marked the occasion with two events – free transaction fee event and an Airdrop event, the details of which have been published on the company website. дальше »
2018-10-16 15:00 | |
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South Korea’s Bithumb Crypto Exchange Set for a Security Overhaul After 50% Acquisition
Bithumb crypto exchange has for the past few years battled security breaches and hacks resulting to millions of dollars in investor’s funds being stolen. Will the new 50% stake acquisition by BK Global Consortium solve these persistent problems and increase the users of Bithumb exchange further? Bithumb, South Korea’s largest cryptocurrency exchange, sold 50% of […] дальше »
2018-10-15 18:51 | |
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Reports of Binance Delisting Tether (USDT), Turn Out to Be FAKE NEWS
Monday, the 15th of October, was reminiscent of the volatility the crypto markets experienced back in February and March when the countries of South Korea and China, expressed their intentions to ban cryptocurrency trading. дальше »
2018-10-16 13:13 | |
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Reports of Binance Delisting Tether (USDT), Turns Out to Be FAKE NEWS
Monday, the 15th of October, was reminiscent of the volatility the crypto markets experienced back in February and March when the countries of South Korea and China, expressed their intentions to ban cryptocurrency trading. дальше »
2018-10-15 13:13 | |
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Bithumb Sells $350 Million Stake in Its Cryptocurrency Exchange to a Blockchain Consortium
Bithumb, one of the most important exchanges in South Korea, has sold almost 40% of its shares to a blockchain consortium, in what aims to be a strategy to regain its strength within the Asian market. дальше »
2018-10-14 10:33 | |
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South Korea’s Largest Crypto Exchange Sold to Singapore-Based Consortium
The largest cryptocurrency exchange in South Korea by trading volume, Bithumb, has reportedly been sold to a Singapore-based consortium for approximately 400 billion won or $354 million. Bk Global Consortium, led by plastic surgeon Kim Byung-gun, will acquire the controlling stake and become the largest shareholder of Bithumb. дальше »
2018-10-13 04:05 | |
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Singapore-based Blockchain Consortium Buys Majority Share in Bithumb
Singapore-based BK Global Consortium has paid 400 billion won (approximately $350 million) for a majority stake in South Korean Bithumb, the world’s third-largest cryptocurrency exchange, according to a local news outlet. дальше »
2018-10-13 23:53 | |
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Superstar plastic surgeon buys major South Korean cryptocurrency exchange
Just weeks before regulators decide the fate of domestic initial coin offerings (ICOs), one of South Korea’s largest cryptocurrency exchanges is changing hands. A consortium led by a superstar plastic surgeon has just bought a controlling stake in Bithumb for $353 million. дальше »
2018-10-12 13:54 | |
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South Korean Exchange Bithumb Sells To Singapore Investor For $353 Million
Bithumb, South Korea’s largest cryptocurrency exchange by volume, has sold to a Singapore entity with the aim of releasing new services and stablecoins. Officials Finalize Majority Stake Deal As Korean news outlet Naver reports October 12, BK Global Consortium paid 400 million won ($353 million) for a majority stake in Bithumb, having previously held a minority position in the company. дальше »
2018-10-12 10:30 | |
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Largest South Korean Exchange Launches Crypto Market Indices
The largest crypto exchange in South Korea by trading volume, Bithumb, has launched two cryptocurrency market indices. One tracks all coins listed on the exchange while the other tracks only altcoins. дальше »
2018-10-12 08:25 | |
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Proprietary Exchange Tokens: Why BCIO Is Not Just Another Utility Token
2019 will be a decisive year for the Blockchain industry as the world moves towards a friendlier Crypto environment with governments such as Korea, Singapore, and Switzerland paving the way for appropriate regulatory measures. дальше »
2018-10-12 00:46 | |
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Korean Crypto Exchange Sued for Controversial Token Schemes
A lawsuit has reportedly been filed in South Korea against a local cryptocurrency exchange over its price-pumping schemes involving token issuance. The suit alleges that Cashierest’s token which pays dividends and rebates transaction fees to investors violates the country’s capital markets law. дальше »
2018-10-10 08:35 | |
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3 Major South Korean Crypto Exchange Hacks to Date
South Korea plays an important role in the cryptocurrency world. Ever since China lost its dominant position, South Korea has become of the Asia’s biggest Bitcoin and altcoin trading hubs. That success comes with potential issues, as numerous exchanges have been hacked in the process. дальше »
2018-10-8 20:00 | |
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South Korean Crypto Exchange Bithumb to Purportedly Set up Decentralized Subsidy
South Korea’s crypto exchange heavyweight Bithumb has announced that it was all set to launch a decentralized exchange in a bid to cater to its overseas expanding base in the coming few months, reported Business Korea on October 5, 2018. дальше »
2018-10-6 05:00 | |
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Bithumb Targets Early 2019 For Full Decentralized Exchange
Bithumb has partnered with One Root Network (RNT) and set its sights on a decentralized cryptocurrency exchange (DEX) early next year. The South Korean exchange is eyeing a full DEX platform that will be based outside South Korea. дальше »
2018-10-4 19:33 | |
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Why is Asia the epicentre of crypto exchange hacks?
While exchanges in Europe and the U.S. have not been immune from cyber attacks, the majority of the largest cryptocurrency exchange hacks have occurred in Asian markets, with South Korea and Japan leading the scoreboard. The question is why? дальше »
2018-10-5 14:00 | |
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Major US Crypto Exchange Gemini to Expand to UK, Improvement For Europe
For many years, the crypto exchange market of Europe has lagged behind the US, Japan, and South Korea in terms of infrastructure, regulation, security, and liquidity. According to FT, two sources close to Gemini have stated that the major US-based crypto exchange has hired advisers to consult the company in the process of expanding into. дальше »
2018-9-24 11:06 | |
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Crypto Market in Singapore Experiences Boost as Korea’s Upbit steps in
The largest cryptocurrency exchange in South Korea Upbit has decided to extend its coverage to Singapore and start operation by October 2018. Although a conducive environment for the cryptocurrency market, other crypto-friendly nations like Malta, South Korea, Japan and Switzerland are far ahead of Singapore in terms of crypto market growth. дальше »
2018-9-20 20:52 | |
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S Korea’s Dunamu Expands Crypto Exchange Upbit to Singapore
South Korean fintech company Dunamu Inc. is expanding its crypto-asset exchange business to Singapore. The company said it chose Singapore as its first overseas destination and “launching pad” into foreign markets, citing the country’s strong support for blockchain and cryptocurrency. дальше »
2018-9-20 17:56 | |
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Blockchain data protocol Airbloc joins technology incubator of KB Kookmin Card
KB Kookmin Card, the largest credit card company in Korea announced that out of the 323 companies that applied for its “Future Nine Program” 180ab, the parent company of blockchain data exchange Airbloc was selected to use. дальше »
2018-9-19 01:46 | |
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Binance’s Fiat-Crypto Exchange Goes Live in Singapore
Binance’s global expansion plans have a new milestone to reach in Singapore. Binance is setting up a new fiat-crypto exchange in the Asian hub. This would be Binance’s latest global shop after Malta, Uganda, South Korea, Jersey, and Liechtenstein. дальше »
2018-9-19 19:59 | |
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Stolen XRP: Lack Of Laws Stop FBI And Korea From Recovering $800K
The U. S. FBI and law enforcement in South Korea and Japan have arrested two people in connection to phishing scam that stole $800,000 worth of Ripple (CRYPTO: XRP) tokens in a joint operation reported last week. дальше »
2018-9-17 20:00 | |
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New Mining Manufacturer Linzhi Announces Ethereum ASIC Miner
Chen Min, the former chief chip maker at Bitcoin mining chip developer Canaan Creative, is turning her attention to Ethereum. Announcing her venture at the Ethereum Classic Summit in Seoul, South Korea, Chen’s new company, Linzhi, will focus on building cryptocurrency mining devices, and its first official products are a series of application-specific integrated circuit (ASIC) miners designed specifically for Ethereum and Ethereum Classic. дальше »
2018-9-15 01:22 | |
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Huobi Enters Japanese Market With BitTrade Acquisition
Huobi Japan Holding Ltd. has acquired a majority stake in Japanese cryptocurrency exchange BitTrade, marking the top-three exchange’s formal entry into the Japanese market. дальше »
2018-9-14 22:25 | |
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New Crypto Exchanges Launch in Hong Kong, Korea, Indonesia
The cryptocurrency ecosystem continues to grow with the addition of some new crypto exchanges in Hong Kong, Korea, and Indonesia. Bitone Trade HK, affiliated with a Japanese publicly listed company, will support 30 cryptocurrencies. дальше »
2018-9-8 07:05 | |
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Wash Trader Generates Fake Daily Volume of $250,000,000 on Bithumb
The buy-sell-rinse and repeat cycle of wash trading has bitten a prominent South Korean exchange as an economist and cryptoanalyst named Alex Kruger has discovered the daily fake volume is $250 million. дальше »
2018-9-6 16:59 | |
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XEM Rises 12% And Is Among Top Performing Cryptos
NEM [Crypto: XEM] was a winner for opportunistic traders in early Tuesday trading (U. S. time). XEM’s price increased 12% against the U. S. dollar, rising from $0. 111 to $0. 123. The continuing rebound was influenced by optimistic trading in South Korea. дальше »
2018-9-4 17:30 | |
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Korea’s 2nd Largest Crypto Exchange Sees $250 Million Of Fake Volume Daily
Over the past week, as the crypto market began its slow move upwards, volume saw a resurgence, with the daily volume posted by exchanges rising from an average of $10 billion to $12 billion. Although some investors saw the rising volume as an evident sign of the return of retail interest, some pundits claimed that. дальше »
2018-9-3 09:01 | |
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Gyeongbuk Coin: South Korean Province Plans For Own Cryptocurrency and Blockchain ID System
South Korean Province to Introduce Cryptocurrencies and Blockchain-Based IDs for Employees According to local dailies in South Korea, the eastern province of Gyeongsangbuk-do is in line to issue its own cryptocurrency, open an exchange and push for adoption as payment system within the province. дальше »
2018-8-31 22:19 | |
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