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South Korean Government Holds Off On Capital Gains Tax On The Crypto Market
When it comes to cryptocurrencies, several governments have been keen to impose taxes without providing clear regulations for consumer protection. However, it appears South Korea, under Yoon Suk-Yeol’s leadership, is gearing up to take a different approach. дальше »
2022-5-7 01:17 | |
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South Korea: Over 50% of Survey Respondents Support Crypto Tax Law
Despite growing dissent with the planned crypto tax law in South Korea, a recent survey has surprisingly shown a significant level of support for the tax plan. Meanwhile, the country’s government appears set to move forward with the application on the new tax regime come January 2022. дальше »
2021-5-4 15:00 | |
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Crypto Exchange Bithumb to Be Acquired By South Korean Gaming Giant, Nexon, for $460M
South Korean cryptocurrency exchange Bithumb wants to put a troubling 2020 behind it and look to the future. It appears that the company’s plans also involve new owners. Per local news sources, multi-billion-dollar gaming company Nexon is in advanced talks to purchase the exchange outrightly. дальше »
2021-1-8 22:05 | |
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Venezuela Bypasses Sanctions With Bitcoin Payments for Passports
The South American nation of Venezuela appears to have run a very brief trial accepting Bitcoin payments for passport applications. SAIME (the country’s Administrative Service for Identification, Migrants, and Foreigners) added the option yesterday for some overseas applicants before quickly removing it again. дальше »
2020-6-26 21:21 | |
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Bithumb Acquisition Deal Appears To Be ‘Off’
An acquisition deal for South Korean crypto exchange Bithumb is widely expected to fall through, local media reports
дальше »2019-9-30 12:06 | |
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Mammoth $300 Million Crypto Exchange Bithumb Deal Is Going Bust
Nearly one year after it was announced that South Korea’s largest cryptocurrency exchange, Bithumb, would be sold to BK Global Consortium for 400 billion won ($333 million), the deal appears to be going nowhere. дальше »
2019-9-30 12:05 | |
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South Korean Blockchain Industry in Danger of Decline
The blockchain industry in South Korea is reportedly facing a difficult period reports local media platform The Block Post. While the struggles of cryptocurrency exchanges in the country isn’t exactly news, it appears that other crypto-businesses are also experiencing similar problems sparking fears of a slowdown in South Korea’s digital economy advancement. дальше »
2019-9-3 21:00 | |
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Officially Unofficial: Samsung Coin is Being Trademarked, Only Not by Samsung
According to some filed reports in South Korea, someone appears to be attempting to capitalize on the distinct lack of solid trademark in place for virtual currencies. Specifically, we're seeing this with someone looking to nab the trademark for ‘Samsung Coin' right underneath the nose of Samsung, especially with its new turn towards blockchain technology. […] дальше »
2019-7-20 21:33 | |
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PayFast Removes Bitcoin Payments due to Inherent Technical Flaws and Shortcomings
These are very interesting times for Bitcoin, which evidently remains the world’s leading cryptocurrency. Despite a price revival of some sorts, it now appears yet another service provider is ending BTC support altogether. дальше »
2019-7-17 00:00 | |
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Bitcoin and Ether Trade at Large Premium on South Korean Crypto Exchanges
The number one and two crypto assets by market capitalisation are currently trading at a large premium across South Korean exchanges. Bitcoin is selling close to $800 more than the rest of the world and Ether at around $20 higher. дальше »
2019-6-29 00:00 | |
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Cyber criminals steal $27M in Bitcoin by impersonating popular cryptocurrency exchange
Police agencies from the UK and the Netherlands have arrested six people in connection with the theft of €24 million ($27 million) worth of cryptocurrency. According to a statement, the gang stole Bitcoin from at least 4,000 victims across 12 countries. дальше »
2019-6-26 11:21 | |
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Samsung Preps Crypto Integration in Samsung Pay Wallet to Millions Globally
By CCN: According to Business Korea, a mainstream media outlet in South Korea, Samsung Electronics is preparing the integration of crypto assets into Samsung Pay. Samsung Pay reportedly accounts for around 80 percent of the market share of the simple payment market and the integration of crypto assets is expected to increase the mainstream adoption of the asset class. дальше »
2019-5-25 16:09 | |
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Bitcoin Price Keeps Heading South as Drop Below $5,200 Looms Ahead
This immense wave of bearish pressure continues to wreak havoc among all cryptocurrencies as of right now. It appears this downtrend is only growing worse as more time progresses, Even the Bitcoin price is on very thin ice right now, as the support levels are falling one after another. дальше »
2019-4-27 21:59 | |
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Kimchi Premium Returns: Bullish Bitcoin Breakout Imminent?
It appears the “Kimchi Premium” is making an appearance once again in the South Korean bitcoin (BTC) market as the top-ranked cryptocurrency looks set for a bullish 2019. South Korean Market Premium Returns In a tweet published on April 9, 2019, CryptoHamster, a bitcoin analyst evidenced the appearance of elevated BTC prices in South KoreanRead MoreRead More. дальше »
2019-4-11 01:00 | |
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Bithumb Hacked Again? – Hackers Reportedly Steal $15 Million in EOS
Bithumb temporarily suspended deposit and withdrawal services on its platform. The South Korean cryptocurrency exchange appears to be the latest victim of another hack with $15 million worth of EOS allegedly stolen by cybercriminals. дальше »
2019-3-30 12:30 | |
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Have Ethereum? You Can Soon Spend 1 ETH for a North Korean Visa, 200,000 Tokenized Up For Grabs
Getting a visa to go to a foreign country is a treacherous endeavor, costing both time and money to make it effective. However, the Cheollima Civil Defense (CCD) has created both an opportunity for incoming visitors and a way to benefit themselves. дальше »
2019-3-21 02:15 | |
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Samsung’s S10 to bring secure crypto storage to the masses
At first glance Samsung’s new crypto-friendly S10 appears to be much more than a token effort - underpinning what appears to be a significant crypto roadmap for the South Korean smartphone giant. дальше »
2019-3-1 02:00 | |
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Dow Futures Eye Feeble Open, But is Bitcoin on the Verge of a Historic Recovery?
The US stock market appears doomed to make a weak entry into the week’s first trading session following Monday’s Presidents’ Day holiday, as the Dow and its sister indices are all forecasting opening bell declines. дальше »
2019-2-19 17:03 | |
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South African man hands thugs $60K in Bitcoin after heinous torturing
It seems cryptocurrency scammers aren’t afraid of using more old school tactics in order to extort Bitcoin from their victims. A man from South Africa was purportedly attacked for his Bitcoin by someone he met on Facebook, according to local news outlet, the Soweto Urban. дальше »
2018-12-4 18:57 | |
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Exchanges Roundup: Binance ‘Very Healthy’ Despite Volume Drop, Gate.io Breached
In cryptocurrency exchange news, Binance’s CEO has described the exchange as “very healthy” despite the dramatic reduction in trade volume compared with early 2018, and Gate. io was recently breached via a malicious script added to web analytics provider Statcounter. дальше »
2018-11-11 16:00 | |
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Bithumb Set to Establish Exchange Platform for Security Tokens in the United States
Bithumb appears set to create a trading platform for security tokens in the United States. The South Korea-based cryptocurrency exchange behemoth plans to partner with a U. S. -based fintech company to establish the proposed security token exchange service. дальше »
2018-11-2 22:22 | |
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South Korea: North Korea is still hacking our computers to mine cryptocurrency
According to South Korea’s intelligence service, North Korea is purportedly still hacking computers to mine cryptocurrency as a revenue stream for the country’s government, United Press International (UPI) reports. дальше »
2018-10-31 18:06 | |
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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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Crypto Cybercrime Has Tripled Since 2017; Nearly $1 Billion Lost in 2018
Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018. дальше »
2018-10-13 23:34 | |
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Regulatory Hurdles Prevent Japanese Customers From Using LINE’s New Cryptocurrency
Line Corporation, the Japanese subsidiary of South Korean internet giant Naver Corporation, announced last Friday that they will be issuing their own cryptocurrency this September. It now appears, however, that Japanese and US based customers will not be able to use the new cryptocurrency due to licensing requirements. дальше »
2018-9-5 12:30 | |
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China to crack down on 124 offshore cryptocurrency exchanges
It appears that cryptocurrency businesses are on the Chinese authorities’ radar again. China is blocking access to the websites of 124 offshore cryptocurrency exchange desks in the country, South China Morning Post (SCMP) reported today. дальше »
2018-8-23 15:21 | |
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South African Revenue Service (SARS) Intensify Efforts to Clampdown on Cryptocurrency Tax Evaders
Since implementing the cryptocurrency tax regulation back in April 2018, the South African Revenue Service (SARS) appears not to be satisfied with the level of tax remittances by cryptocurrency investors in the region. дальше »
2018-8-21 12:00 | |
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Binance Exchange Looks Set to Enter the Cryptocurrency Market in South Korea
Binance appears to be keen on entering the South Korean cryptocurrency market. The top-ranked cryptocurrency exchange platform based on trading volume has announced plans to establish about three to five enterprises in the country by the end of 2018. дальше »
2018-7-26 09:12 | |
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Binance Exchange Looks Set to Enter the Cryptocurrency Market in South Korea
Binance appears to be keen on entering the South Korean cryptocurrency market. The top-ranked cryptocurrency exchange platform based on trading volume has announced plans to establish about three to five enterprises in the country by the end of 2018. дальше »
2018-7-25 01:32 | |
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Presenting Best eToro Prevalent Speculator Wes Nolte
Here is the success story of Wes Nolte, popular investor, who managed to win over 70,000 followers and $3m in profit for copiers through eToro social trading network. Wes Nolte, a 30-something South African-born chief technology officer based in London, describes his trading style as “diverse, risk-balanced, and bodacious”. It’s an approach that appears to дальше »
2018-7-5 21:14 | |
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Major Korean Crypto Exchange: $31 Million Vanishes
Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31. 5 million USD) worth of cryptocurrencies vanished. дальше »
2018-6-20 09:20 | |
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