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South African Court Grants Final Liquidation Order Against the ‘Biggest Cryptocurrency Scam in 2020’
A South African judge, Justice Alma de Wet, has ruled in favor of granting a final liquidation order against Mirror Trading International (MTI), the country’s biggest bitcoin scam in the past year. дальше »
2021-7-4 17:30 | |
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Following The Biggest Scam In Bitcoin History, South Africa To Tighten Crypto Regulation
After possibly the biggest scam in Bitcoin history, South African government moves to stiffen regulation regarding crypto assets. South Africa Responds To Bitcoin Scams Over the past couple of years, the nation has observed a series of crypto scams, including two of the biggest Bitcoin scams ever. The first of these was in 2020, when […] дальше »
2021-7-1 17:44 | |
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South African Brothers Escape With $3.6 Billion In Bitcoin
Two African brothers have disappeared, and so does the $3. 6 billion in bitcoin from their cryptocurrency investment platform. Biggest Scam In Bitcoin History? Africrypt is a cryptocurrency investment platform based in South Africa. дальше »
2021-6-24 21:17 | |
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Duo vanishes with 69,000 Bitcoin, stash worth $4 billion at peak BTC prices
Two South African brothers made away with nearly 69,000 Bitcoin earlier this year, hacking one ‘Africrypt,’ their own exchange platform, and bagging one of the biggest crypto heists in dollar terms ever. дальше »
2021-6-24 12:45 | |
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Africrypt Stole $3.6 Billion In Bitcoin: Is This The Biggest Crypto Scam In History?
Around 69,000 Bitcoin has vanished from a South African investment platform, Africrypt, along with two brothers who owned the crypto firm. Africrypt Founders Took $3. 6 Billion A new Bitcoin scam involving the disappearance of $3. дальше »
2021-6-24 08:57 | |
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Bitcoin and Ether Aren’t the Top Traded Crypto’s on Binance Or the Biggest South Korean Exchange
DOGE is the one that is yet again leading the market, closing in on a $100 bln market cap, and is accounting for 41. 55% of Upbit’s overall volume, which is also more than Coinbase Pro’s entire volume. дальше »
2021-5-5 17:46 | |
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South Korean crypto exchange volumes surpass those of its entire stock market
The country is one of the biggest markets for crypto in the world and is known for its ‘Kimchi Premium. ’ The month it went ballistic South Korean crypto exchanges are now processing more volumes each day compared to traditional stock exchanges, a report on local publication Hankyung said Monday. дальше »
2021-3-15 15:49 | |
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South Korean Court Orders Bithumb to Compensate Users for an Accidental BTC Withdrawal Case in 2018
A South Korean court ordered one of the biggest domestic crypto exchanges to compensate victims of an “accidental withdrawal” incident in 2018. Bithumb has been ordered to pay customers who withdrew their bitcoin funds to an unknown wallet. дальше »
2021-2-14 07:30 | |
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South Africa’s Financial Regulator Exposes Bitcoin Ponzi Scheme
The Financial Sector Conduct Authority (FSCA) in South Africa is seeking to increase regulation and prosecute crypto-related dealings after the recent collapse of a Bitcoin Trader suspected of being the country’s biggest Ponzi scheme. дальше »
2021-1-28 18:29 | |
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South Korean Police Seize Shares From Major Bithumb Shareholder
South Korean police have seized shares in Bithumb, the country’s biggest crypto exchange. The shares belong to Bithumb Korea director and major shareholder Kim Byung-Geon. According to a local media report, the police raid – the third on the exchange this month – follows a September 14 ruling from the Seoul Central District Court. дальше »
2020-9-19 13:30 | |
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South Korean court freezes Bithumb investor’s shares
The news comes after South Korean police conducted two consecutive seizures in a matter of a week. Bithumb is among the biggest cryptocurrency exchanges in South Korea. Though its customers have started to worry about using the platform for trading and storing their digital assets due to privacy reasons. дальше »
2020-9-18 00:42 | |
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South Korean cryptocurrency exchange Bithumb faces a setback
Despite being the biggest cryptocurrency exchange in South Korea, Bithumb becomes the second crypto-exchange to be under the investigation of the police. Reportedly, the Seoul Metropolitan Police is closely investigating the exchange to store essential shreds of evidence. дальше »
2020-9-10 13:14 | |
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This is Only the Testament of How ‘Powerful’ Bitcoin is: Galaxy Digital CEO Mike Novogratz
After two weeks, Bitcoin finally jumped above $12,000 on the first day of September but again failed to hold onto its position. Today, BTC/USD dropped to $11,155, which could be on the back of the news of South Korean authorities seizing one of the country's biggest crypto exchanges, Bithumb, for a $25 million token sale […] The post This is Only the Testament of How 'Powerful' Bitcoin is: Galaxy Digital CEO Mike Novogratz first appeared on BitcoinExchangeGuide. дальше »
2020-9-2 15:30 | |
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South Korean Highways Will Have Blockchain-Powered Toll Payments
One of the biggest commercial banks in South Korea has partnered with the Korea Expressway Corporation for a blockchain-based toll system. дальше »
2020-8-9 17:00 | |
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Chainlink (LINK) taps South Korea’s biggest banks to bolster forex and DeFi
Financial market data from South Korean banks will now feature on Chainlink’s decentralized oracles services, as announced at an event in Seoul on Friday. The post Chainlink (LINK) taps South Korea’s biggest banks to bolster forex and DeFi appeared first on CryptoSlate. дальше »
2020-7-26 09:00 | |
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ICON taps Band Protocol oracles to bolster dApps in South Korea
One of the biggest South Korean cryptocurrency projects will now feature oracles services from a cross-chain data platform. The post ICON taps Band Protocol oracles to bolster dApps in South Korea appeared first on CryptoSlate. дальше »
2020-7-23 23:24 | |
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Venezuelans Can Now Use Bitcoin to Pay for Goods at 20,000 PoS Terminals
Venezuelans will now be able to use bitcoin to pay for goods and services at more than 20,000 point-of-sale (PoS) terminals throughout the struggling South American country. This follows a deal between Panamanian crypto exchange Cryptobuyer and local payments processor Mega Soft to connect some of Venezuela’s biggest retail chains for this purpose. дальше »
2020-5-19 01:30 | |
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Bithumb Global Launches 5X Margin Trading For BTC and ETH Paired With USDT
South Korea’s biggest crypto exchange platform Bithumb has announced the introduction of leverage trading for both Bitcoin as well as Ether (ETH) on the global platform, Cointelegraph reports. According to the exchange, the move was necessitated by a sudden increase in demand for crypto services owing to the ongoing global lock down. However, the new […] дальше »
2020-4-8 21:06 | |
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South Korea's KB Kookmin moves ahead with crypto-custody service plans
KB Kookmin, South Korea's biggest commercial bank, is in between plans of launching a crypto-custody service for digital coins like Bitcoin (BTC) and Ether (ETH), according to a recent report. This deThe post South Korea's KB Kookmin moves ahead with crypto-custody service plans appeared first on AMBCrypto. дальше »
2020-3-27 15:26 | |
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Every Major South Korean Conglomerate Is Now Involved in Blockchain
It has recently emerged that South Korea’s biggest telecommunications company, KT Corporation, will be releasing a digital currency. With this news, it can now be said that ever major conglomerate in the country is officially invested in blockchain. дальше »
2019-12-20 23:16 | |
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$50 Million ETH Hacked From South Korean Exchange
Some $50 million worth of eth has been hacked today from one of the biggest crypto exchange in South Korea, Upbit. They say: “At 1:06 PM on November 27, 2019,... The post $50 Million ETH Hacked From South Korean Exchange appeared first on Trustnodes. дальше »
2019-11-28 18:37 | |
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South African Bank Closes Crypto Accounts While a $500 Bitcoin Premium Develops
FirstRand, one of South Africa’s biggest bank with $93 billion in assets, is to close the bank account of major crypto exchanges in the country, including Luno, ICE3X, VALR and... The post South African Bank Closes Crypto Accounts While a $500 Bitcoin Premium Develops appeared first on Trustnodes. дальше »
2019-11-20 17:57 | |
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Bitcoin Ransomware Scare Shuts Down Johannesburg Online Processes
Johannesburg, South Africa’s biggest city has been forced to temporarily shut down all its online operations including its website, e-services, and billing systems, as a precautionary measure against a bitcoin (BTC) ransomware attack allegedly orchestrated by a group called the “Shadow Kill Hackers,” reports News24 on October 25, 2019. дальше »
2019-10-25 15:00 | |
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Korea’s Biggest Bitcoin Exchange Embarks on a Major Challenge – India
Bithumb, South Korea’s largest bitcoin exchange alongside UPbit, is trying to convince the government of India to allow cryptocurrency trading. Javier Sim, co-founder and managing director of Bithumb, said that the company is planning to expand into the Indian cryptocurrency market through local partnerships, funding cryptocurrency startups in the region. дальше »
2019-10-3 11:04 | |
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South Africa’s Richest Woman Thinks She Wasted Her Money On Bitcoin Investment
Most people who came to Bitcoin early have made profits as it is one of the biggest growing assets in the past decade. However, Magda Wierzycka, the richest woman of South Africa doesn’t seem to be on board on the crypto train. дальше »
2019-8-25 17:51 | |
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Korea’s Biggest Crypto Exchange, Bithumb, Sets Up a Listing Committee, Drops Failing Coins
South Korean crypto exchange Bithumb will begin reviewing its crypto listings monthly, intending to drop failing coins. The exchange's newly formed Eligibility Deliberation Committee will determine which coins will be dropped based on criteria including low trading volume, low market capitalization, and lack of support from developers. дальше »
2019-8-25 20:54 | |
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The richest in South Korea are actively investing in crypto, showing big interest
A subsidiary of SK Group, one of the largest conglomerates in South Korea that operates the nation’s biggest telecommunications company SK Telecom, is set to invest in a crypto fund created by ConsenSys. дальше »
2019-7-8 11:00 | |
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South Korea’s Biggest Bank Teams Up with Ethereum Startup For Custody Solutions
KB Kookmin, the biggest bank in South Korea with yearly revenue of $26 billion, has signed a memorandum of understanding with Atomrigs Lab, formerly known as Atomrigs Consulting. “Through this... дальше »
2019-6-13 19:03 | |
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South Korea’s Biggest Bank U-Turns on Crypto With Custody Service
South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by local media outlet Business Korea June 11, Kookmin will now work with local company Atomrigs Lab, which is active in digital asset protection. дальше »
2019-6-11 14:00 | |
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An entrepreneur’s guide to South Korea’s blockchain tech scene
While an old Korean proverb warns that ‘If you don’t walk today, you must run tomorrow,’ the motto of modern South Korea’s approach to innovation might be summed up thusly: Walk briskly today, so you’re set to outrun the rest tomorrow. дальше »
2019-5-8 18:25 | |
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Fin Foundation Plans to Implement Token Payment on Gas Stations all over Western Europe
April 2019, Burgas, Bulgaria – Fin Foundation allows crypto holders to pay for petrol in crypto and get discounts in price. Oil and gas companies have recently become interested in the Fin Foundation project, because for them it is an opportunity to attract a new audience (e. дальше »
2019-4-26 00:57 | |
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Samsung Fold Disaster Extends to 60% Q1 Profit Drop for Nightmare 2019
By CCN. com: Following a shock 60 percent drop in profits by Samsung Electronics as reported by FT, woes for the South Korean technology giant continued as the Samsung Galaxy Fold, a $2,000 device released to the market this month, demonstrated serious problems in a scandal that’s been dubbed #peelgate. дальше »
2019-4-20 15:52 | |
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5th Biggest Korean Bitcoin Exchange Closes Shop
Coinnest, one of the largest Bitcoin exchanges in South Korea has announced that it will be shutting down following a litany of administrative, financial and legal issues. 5th Largest South Korean Bitcoin Exchange Closes Shop In a statement published on the company’s website on Thursday (April 18, 2019), the platform announced its decision to shut up shop. дальше »
2019-4-20 13:00 | |
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New Coinhills Data Shows Upbit Was Only South Korean Crypto Exchange To Post A Profit In 2018
Only One Of The Four Largest Crypto Exchanges In Korea Profited During 2018 South Korea may be one of the biggest markets in the world but the crypto bear market showed its claws to it nevertheless. The fourth most active crypto market in the world has seen three of its top 4 exchanges get losses […] дальше »
2019-4-17 21:48 | |
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Millions of EOS & XRP at Stake as Bithumb gets Hacked the Second Time, Crypto Market Cap Loses $7 Billion
One of the biggest South Korean cryptocurrency exchanges, Bithumb was hacked last night for reportedly $30 million worth of cryptocurrency that involves three million EOS ($13 million) and up to 20 million XRP ($6 million). дальше »
2019-3-30 19:11 | |
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Bithumb Hacked Out of 3 Million EOS and 20 Million XRP by Insiders
One of South Korea’s biggest exchange, Bithumb, had about 3 million EOS stolen from their hot wallet, which is now confirmed, and it is rumored another 20 million XRP was... The post Bithumb Hacked Out of 3 Million EOS and 20 Million XRP by Insiders appeared first on Trustnodes. дальше »
2019-3-30 17:32 | |
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Korean Crypto Sector Is Booming: Kakao Messaging App (44M Users) To Integrate Crypto Wallets
Kakao, South Korea’s biggest messaging app with over 44 million active users, is purportedly integrating a crypto wallet that… The post Korean Crypto Sector Is Booming: Kakao Messaging App (44M Users) To Integrate Crypto Wallets appeared first on Invest In Blockchain. дальше »
2019-3-20 23:34 | |
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South Korea’s Biggest Messaging Platform KakaoTalk Plans a Crypto Wallet Integration
Coinspeaker South Korea’s Biggest Messaging Platform KakaoTalk Plans a Crypto Wallet IntegrationKakaoTalk wants to leverage blockchain-based crypto transactions providing instant and low-cost payments facility to its 44 million users. дальше »
2019-3-19 11:36 | |
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Bitcoin Exchange Bithumb Announces 50% Layoffs
South Korea’s largest Bitcoin exchange, Bithumb, has announced layoffs of 50%, the latest casualty of “crypto winter. ” B A report in Korean media issued earlier today shows that the exchange will be cutting its staff from 310 to around 150. дальше »
2019-3-19 02:20 | |
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South Korea’s Biggest Exchange Bithumb Will Slash Half of Its Staff as Bear Market Blues Strike Again
The crypto winter continues to make victims. Unfortunately, the next victims are the employees of Bithumb, the largest cryptocurrency exchange in South Korea. Coindesk Korea has recently reported that the affirmed that it would cut the number of employees from the current 310 to around 150 soon. If this is confirmed, half of the team […] дальше »
2019-3-19 00:54 | |
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Korea’s Biggest Messaging App Kakao to Integrate Crypto Wallet For 44 Million Users
According to fnnews, a mainstream financial media outlet in South Korea, Kakao is integrating crypto for its 44 million local users. Kakao is the biggest internet conglomerate in South Korea that operates KakaoTalk, KakaoPay, KakaoTaxi, KakaoStory, KakaoStock, and many other platforms that have overwhelming dominance in their respective markets. дальше »
2019-3-18 15:42 | |
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Korea’s Biggest Actor Invests in Crypto and That’s a Big Deal for Asian Markets
Bae Yong-joon, arguably the most influential and widely recognized actor in South Korea featured in films like Winter Sonata and The Legend, invested in a local crypto startup called Seamon. Importance of a Public Figure Investing in the Crypto Space in South Korea According to Hankyoreh, a mainstream media outlet in South Korea, Seamon is co-founded by the Norway-based Ocean Supreme, the most dominant company in the Japanese Salmon market. дальше »
2019-3-13 17:12 | |
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South Korea’s Biggest Telecoms Provider to Launch Blockchain-as-a-Service Platform
KT Corp. , South Korea’s behemoth telecom company, is preparing to roll out a blockchain-as-a-service (BaaS) in March of this year. Much like many other BaaS platforms, it will reduce entry barriers into the industry and foster an innovative ecosystem. дальше »
2019-2-22 18:00 | |
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